Three Rivers Real Estate News
Jan 9, 2015 | via The Fresno Bee
Two men have pleaded pleaded guilty to fraud charges stemming from a foreclosure rescue scheme in which homeowners lost $2.5 million, the Tulare County District Attorney's Office said Friday. Juan Ramon Curiel, 36, of Visalia, and Santiago Palacios-Hernandez, 45, of Salinas, pleaded guilty to federal charges of conspiracy to commit mail fraud and bankruptcy fraud. Comment?
17 min ago | via Dr. Housing Bubble Blog
Pasadena and the art of marketing old homes: Los Angeles has many areas with very old homes and unsuspecting buyers purchasing into future cash outflows. People are desperately trying to find great deals on crap shacks . Comment?
2 hrs ago | via Mortgage News Daily
Home prices flattened on a month-over-month basis in January even as annual prices continued to increase S&P Dow Jones Indices said today. The Case-Shiller indexes for national as well as selected metropolitan areas changed only minimally from December, partially attributable to usually cold and wet weather according to the S&P monthly report. Comment?
3 hrs ago | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. 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?
6 min ago | via The New Zealand Herald
In Auckland, couples needed 47.7 per cent of their take-home pay to cover the mortgage on a $554,600 house. Photo / Chris Gorman Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows. Comment?
7 min ago | via TheStreet.com
Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly. Comment?
12 min ago | via Daily Herald
Up to 17,000 Detroit-area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, and that number will likely rise. Hundreds of applicants lined up before 7 a.m. Tuesday outside the Wayne County Treasurer's Office in Detroit before the tax repayment plan deadline. Comment?
11 min ago | via MySanAntonio.com
U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday. Comment?
13 min ago | via Stuff.co.nz
Couples struggling to buy their first home are in line for a $20,000 boost as the Government's new HomeStart policy and a raft of other changes come into force today, but critics fear the law change will "do more harm than good" to an overvalued housing market. Paid Parental Leave, the parental tax credit, the minimum wage and superannuation have all increased, while average ACC levies have reduced. Comment?
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