Temecula Real Estate News
Friday Mar 20 | via The Press-Enterprise
Neighbors to a "Bank Owned" real estate listing in San Bernardino on Friday, March 20, 2015, said they were glad to see a property that's been an eyesore in their neighborhood come on the market, taking it as a sign the value of their homes will start to rise and foreclosure activity is coming to an end. Foreclosure activity in the Riverside County region in February fell to levels not seen since July 2006, according to a new report from RealtyTrac. Comment?
Tuesday Mar 17 | via The Press-Enterprise
Price trumped all in the real estate market across Southern California in February, a recurring dynamic that had a hand in keeping a clamp on sales, according to a new real estate report. The CoreLogic DataQuick report Tuesday says the median price of 2,349 homes sold in Riverside County was $305,000, up 7 percent from $285,000 recorded in February 2014. Comment?
Tuesday Mar 17 | via Ruidoso News
There are three kinds of property: real ; mixed ; and personal . When my clients call for an appointment having to do with real property, I always say "bring the deed." Comment?
Tuesday Mar 17 | via Los Angeles Times
Home prices in the six-county Southland in February stayed about the same as they have been for nine months, while sales volume drooped compared to this time last year. That's according to new figures out Tuesday from CoreLogic DataQuick. Comment?
Tuesday Mar 10 | via LA Daily News
With interest rates hovering near historic lows, scores of California homeowners have refinanced their mortgage loans to get lower monthly payments. And Los Angeles County had the largest number of mortgage loans refinanced in 2013, according to a new report from SmartAsset , a New York-based personal finance technology firm. Comment?
Sunday | via Planetizen
Los Angeles home prices have long since skyrocketed above median income. A report by the Legislative Analyst's Office shows how difficult it would be to build L.A. out of its predicament. Comment?
Saturday Mar 28 | via Hesperia Star
A recent report from the California Rental Price Monitor revealed that the state's rental growth has outpaced the rest of the U.S. every month for the last year. But for the High Desert rental market, where rates have been traditionally low, the Victor Valley continues to be one of the least expensive places to live in the Golden State. Comment?
Friday Mar 27 | via The Campbell Reporter
A student volunteer fills in a check during a Mad City Money program put on by Travis Credit Union at Paradise Skate Roller Rink in Antioch on July 29, 2014. Credit unions in the Bay Area outperformed their counterparts statewide during 2014, a trend that underscores the strength of this region's economy, according to information released Friday by the California Credit Union League. Comment?
Friday Mar 27 | via Laguna Woods Globe
Jurrors and court workers, a cross section of Orange County, California, leave the Santa Ana courthouse on Tuesday, March 8, 2011. Surging Latino and Asian populations accounted for virtually all of California's population growth over the last decade, new census data showed on Tuesday. Comment?
Friday Mar 27 | via Dr. Housing Bubble Blog
The Los Angeles and Orange County area becomes even more unaffordable when it comes to housing: In last two years home prices up 28 percent while wages are up 2 percent. L.A. is the most unaffordable housing market in the entire country. Comment?
5 min ago | via The First Post
The Bank of England is to impose stress tests on UK banks to establish whether they can withstand a series of disasters. The banks will face scenarios including a dramatic slowdown in China, a contraction in the eurozone, the worst deflation since the 1930s or a fall in UK interest rates to zero. Comment?
11 min ago | via Daily Kos
Whenever someone tells me that housing and the economy is recovering, and that Obama is doing such a good job bringing these things back, the market is 18k...blah, blah, blah...I just chuckle...because they don't track the same information I do for my business...bottomline, we are no where near a recovery, the banks are on life support...the game is rigged. And before someones head esplodes and starts rattling off all the good things about Obamanomics, let me just say, if your name is not Merlin the Wizard it's very little you can do to fix the mess the spreadsheet cowboys on Wall Street created....that's just the bottomline. Comment?
14 min ago | via Seeking Alpha
Due to plummeting gaming revenue in Macau, shares of Melco Crown have taken a beating over the past year, falling by around half its late March 2014 share price. Some investors may find it an attractive turnaround play but with a high P/E and significant downside potential in Macau's gaming market due to weak housing, things appear risky. Comment?
21 min ago | via The Washington Post
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. -- Walid Zahra has a 25-minute trip home from his office in Dubai -- if you don't count the two hours he spends waiting at a cafA for the traffic to clear. Comment?
42 min ago | via Silicon Alley Insider
As stock market investors cheer Beijing's latest bid to boost the country's ailing housing sector, Chinese bankers are gritting their teeth over the risks they face in further relaxing lending rules to home buyers. Alarmed by persistent weakness in the property market and its increasing drag on the economy, policymakers said on Monday they were cutting downpayments levels for the second time in six months and offering bigger tax breaks. Comment?
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