Temecula Real Estate News
Real Estate news for Temecula, CA continually updated from thousands of sources.
Friday Jan 23 | via Lake Elsinore Valley News
The median price of a home in Riverside County rose by 7.1 percent in December, compared with the same month a year ago, while the number of homes sold jumped by 13 percent, a real estate information service announced on Jan. 14. According to CoreLogic DataQuick, the median price of a Riverside County home was $300,000 last month, up from $280,000 in December 2013. A total of 3,466 homes were sold in the county, up from 3,068 during the same month the previous year. Comment?
Friday Jan 16 | via Patch.com
Foreclosure activity in Riverside County dropped 16 percent last year, but despite fewer houses going on the auction block, the county remained one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Friday Jan 16 | via The Press-Enterprise
Blomquist expects to see more homeowner confidence in the market in 2015 as a result, and it's likely that builders will be pouring more slabs for new home construction. "I think we're at a point where nobody is concerned that there is enough foreclosures lurking out there that it will derail the housing recovery," Blomquist said, adding this spoiler alert: One last gasp of foreclosure activity is at the doorstep, and likely to hit in the middle of the year. Comment?
Thursday Jan 15 | via GlobeSt.com
Due to its high quality modern design and construction, Tuscany Ridge is an ideal candidate for a value-add repositioning strategy, says one source. TEMECULA, CA-GlobeSt.com has exclusively learned that San Diego-based MG Properties Group has purchased the Tuscany Ridge Apartments in Temecula, CA for $39 million. Comment?
Thursday Jan 15 | via CBS Local
RIVERSIDE - Foreclosure activity dropped markedly last year in Riverside County, but the region remains one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide, a 16.29 percent drop from 2013 - and 84 percent lower than in 2009, the year market analysts agree was the worst of the Great Recession in many locations. Comment?
12 hrs ago | via The Wave
In what has seemingly become an annual tradition, the New Year brought Californians more than just a hangover. 2015 welcomed an additional 930 new regulations, up from 2014. Comment?
20 hrs ago | via Hotel Business
Strategic Hotels & Resorts, Inc. has acquired the 250-room Montage Laguna Beach in California from an affiliate of Ohana Real Estate Investors LLC for $360 million, plus customary working capital adjustments. The company funded the acquisition, in part, through the issuance of 7,347,539 shares of common stock to an affiliated designee of the seller, priced at $13.61 per share, or an implied valuation of $100 million. Comment?
Yesterday | via Saratoga News
Photograph by Rose MeilySilicon Valley Association of Realtors 2015 president, Chris Isaacson, takes the oath of office, administered by California Association of Realtors 2013 president Don Faught, as the associationA s 2015 board directors look on. The Silicon Valley Association of Realtors' 2015 leadership team was installed on Jan. 14 at the Menlo Circus Club in Atherton. Comment?
Tuesday Jan 27 | via OpEdNews
Homeowner's Associations, created by deed provisions to serve homeowners in condominium developments, are often at odds with individual owners of units. Just last week, news out of New York reported that an HOA was suing a homeowner for parking his own pickup truck in his own driveway. Comment?
Tuesday Jan 27 | via WTHR-TV Indianapolis
Several dozen people with candles and protest signs gathered near the alley where Denver police officers fatally shot a 16-year-old girl, recalling her bright smile and demanding answers about the deadly encounter. Some residents are calling for a special prosecutor to investigate the Denver officers who shot and killed a 16-year-old girl who police say hit an officer with a stolen car. Comment?
2 min ago | via The Winnipeg Free Press
Sonya Chesworth, her husband William Anderson and their daughters, Illyria and Juliette posing in front of their home in April 2013. They were one of a number of First Nations families who received financial support to help buy their first home under the Manitoba Tipi Mitawa program. Comment?
3 min ago | via Business Journal
The office vacancy rate - a key indicator for the commercial real estate market and its recovery from the recession - just can't get under 20 percent here. Commercial real estate brokers and landlords are hoping the vacancy level drops below the 20 percent mark to help boost confidence in the real estate recovery. Comment?
Thursday Jan 8 | via KRQE Albuquerque
There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness. Companies have been hiring at healthy rates for the past year. Comment?
8 min ago | via Business Journal
According to 2014 year-end data released by the Greater Albuquerque Association of Realtors , last year's home sales were down 2.47 percent from 2013. But there is a bright spot: 2014 average sales prices were up 1.19 percent from 2013 to $212,990. Comment?
10 min ago | via Credit.com
For all the headlines about the improving economy and record-low mortgage rates, most consumers aren't in a position to benefit from them, according to a report from the Corporation for Enterprise Development . The study found that 56% of consumers have subprime credit scores. Comment?
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