Temecula Real Estate News
Real Estate news for Temecula, CA continually updated from thousands of sources.
Wednesday Feb 25 | via The Press-Enterprise
The Standard & Poor's Case-Shiller home price index, a leading measure for the nation, says home prices increased 4.6 percent year-over-year in December. That's more than twice the rate of inflation for 2014. Comment?
Friday Feb 20 | via US News & World Report
Send your agent packing if he is trying to push you to buy a certain house or only works in real estate part time. It's like a romantic relationship. Comment?
Tuesday Feb 17 | via Patch.com
The median price of a home in Riverside County rose by 3.8 percent in January, compared with the same month a year ago, while the number of homes sold fell by 9.8 percent, a real estate information service announced today. According to CoreLogic DataQuick, the median price of a Riverside County home was $287,500 last month, up from $277,000 in January 2014. Comment?
Saturday Feb 7 | via The Alpenhorn News
NOTICE OF TRUSTEE'S SALE Trustee Sale No. 117725 Title No. 130321508 NOTE: THERE IS A SUMMARY OF THE INFORMATION IN THIS DOCUMENT ATTACHED YOU ARE IN DEFAULT UNDER A DEED OF TRUST, DATED 02/08/2007. Comment?
Friday Feb 6 | via Patch.com
The East Valley Association of Realtors, a prestigious group of the most knowledgeable and seasoned realtors in the Inland Empire, has published a statement declaring the Gateway warehouse aka San Gorgonio crossing as inappropriate because it violates the county's general plan: "The East Valley Association of Realtors opposes the zoning change from residential to commercial/ warehouse being considered by the Riverside County Board of Supervisors on Cherry Valley Road in Cherry Valley known currently as San Gorgonio Crossing , formerly known as The Gateway Project or any future iteration, based upon its inconsistency with the General Plan approved by the Riverside Board of Supervisors in 2014." Comment?
Yesterday | via AndhraNews
While four of the California Bay Area's nine counties are near or exceeding their pre-meltdown valuation highs, our data suggests local market forces will keep bubble-like behavior at bay for the rest of the state and throughout the nation. Healthy buyer demand and strong job markets in the California Bay Area are factors helping to push home prices up. Comment?
Yesterday | via Natl. Relocation & Real Estate
Clear Capital recently released its Home Data Indexa Market Report with data through February 2015. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly any other index provider in the industry. Comment?
Sunday | via Dr. Housing Bubble Blog
California Rental Armageddon: Nearly half of Los Angeles adults doubling up, working class moving out, or you have the option of simply living in poverty. California like the rest of nation has gained a large number of rental households. Comment?
Friday Feb 27 | via 13WHAM
The truck driver who police said caused a train crash in California earlier this week has been released from jail. LOS ANGELES -- It looked hot when Lupita Nyong'o wore it Oscar night. Comment?
Thursday Feb 26 | via GuruFocus.com
U.S. luxury home builder, Toll Brothers Inc. , is said to have reported a 78% jump on higher home sales and prices. The largest U.S. luxury-home builder has earned quarterly profits more than the expected estimates. Comment?
5 min ago | via Boston Herald
Former House Speaker Gordon Fox has agreed to plead guilty to charges of bribery, wire fraud and filing a false tax return following an investigation that included a dramatic federal raid on the Statehouse, according to court documents unsealed Tuesday. The details from the court documents bring an end to nearly a year of speculation about what the FBI, Internal Revenue Service and state police were investigating when they raided Fox's home and Statehouse office March 21, 2014. Comment?
Yesterday | via CFO
The federal guarantor of mortgage-backed securities failed to produce auditable financial statements for 2014, says HUD's inspector general. Finding Ginnie Mae was unable to provide reliable financial information about $6.6 billion in mortgages, a federal watchdog has declined to approve the U.S. bond guarantor's 2014 financial statements. Comment?
9 min ago | via Canada NewsWire
Valuation fraud is the misrepresentation of an appraisal report made by a party involved in mortgage financing who has a vested financial interest in the amount being loaned for a real estate transaction. The market value of the property is a key element in validating the equity of the collateral that is being used to secure the mortgage loan. Comment?
10 min ago | via East Anglian Daily Times
Ipswich Building Society has reported increased annual profits for 2014 despite the diversion of resources during the year to two major organisational projects. The society grew its pre-tax profits to A 3.8million, up from A 3.2m in 2013, and maintained the value of its balance sheet at A 601m. Comment?
10 min ago | via TheStreet.com
Ocwen also gave an update on its fourth quarter financial results saying it is still expecting to report a loss for the quarter and fiscal year. Ocwen said it is anticipating that its fourth quarter results will be impacted by a $370 million to $420 million non-cash charge write-off goodwill, and the creation of a $15 million reserve to its remediation plan to address issues regarding "certain erroneously dates borrower correspondence." Comment?
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