Venice Real Estate News
Real Estate news for Venice, CA continually updated from thousands of sources.
8 hrs ago | via Business Journal
January's pending home sales in California showed recovery from December's lows, posting both month-to-month and year-to-year increases, according to data from California Association of Realtors. In addition, California Realtors saw more price reductions and an increase in open house traffic compared with a year ago, indicating a less competitive buyer's market. Comment?
Yesterday | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Wednesday | via Burbank Leader
A current councilwoman and a former columnist for the Burbank Leader advanced to the April general election Tuesday night, joined by a local Realtor and businessman, setting the stage for a conversation about development for the April showdown. Seven candidates vied for two seats in the primary, eliminating three. Comment?
Monday Feb 23 | via Burbank Leader
With ballots in the Burbank municipal primary due Tuesday, the latest campaign finance reports filed with the City Clerk's office show City Council candidates Juan Guillen and David Nos each received a funding boost in recent weeks, according to financial reports filed with the City Clerk's office. Guillen raised $1,820 during the past 11-day reporting period, mostly from members of the business community and physicians, bringing his total to $11,925 and making him one of only three council candidates to break the $10,000 mark in the campaign, so far. Comment?
Wednesday Feb 18 | via Curbed
The housing market in Southern California continues to descend into a slump as prices rise and the number of sales falls, according to the most recent numbers from DataQuick and the California Association of Realtors. According to DQ , 4,738 houses and condos were sold in Los Angeles County in January, down 3.6 percent from January 2014. Comment?
8 hrs ago | 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?
14 hrs ago | via My Mother Lode
A proposed $75-dollar fee on real estate transaction documents would go towards developing affordable housing for lower income California residents. It's part of a proposal introduced yesterday by Democratic Assembly Speaker Toni Atkins. Comment?
Wednesday | via San Diego Source
A lot of folks around the country laugh at California because of its virulent anti-business attitude, environmental insanity and being known as "the land of the fruits and nuts." Yet they fail to see that California is a most incredible economic machine and a demographic powerhouse. Comment?
22 hrs ago | via The Wichita Eagle
Assembly Speaker Toni Atkins announced a proposal Wednesday to expand affordable housing in California by charging a $75 fee to record some real estate documents. The San Diego Democrat's plan would send cities hundreds of millions of dollars for development benefiting poor and middle-class Californians. Comment?
Yesterday | via The Campbell Reporter
With the economy improving, housing affordability in the Golden State is becoming a challenge once more. The California Association of Realtors reports housing affordability improved slightly from third quarter 2014, but dipped when compared to a year ago. Comment?
4 min ago | via Seeking Alpha
I got behind ARR in the fall of 2014 only to have to reverse course a few months later and this decision was wise. It should go without saying that not all mortgage real estate investment trusts are created equally. Comment?
5 min ago | via Seeking Alpha
"Excess" reserve balances held by commercial banks with Federal Reserve banks declined almost $100 billion this past banking week as the Fed accounted for another $107 billion in "term" deposits. Since October 15, 2014, the week that these reserve balances peaked, the Fed has overseen a $475 billion decline is "excess" reserves. Comment?
6 min ago | via Seeking Alpha
This year, we expect the divergence in monetary policy among the world's central banks to be a key theme and a likely driver of asset flows. For now, the scorecard seems to be tilted toward monetary easing, since in the first month of 2015 alone, 14 central banks engaged in some form of monetary policy loosening, generally in the form of interest rate cuts or asset purchases.1 Denmark's central bank has been particularly aggressive in regard to the former, slashing interest rates four times in a three-week period already this year, while the European Central Bank announced plans to step up its quantitative easing game plan, taking a page from the playbook of the US Federal Reserve and Bank of Japan. Comment?
9 min ago | via AndhraNews
A total of 32,578 U.S. single family homes were flipped in the fourth quarter, representing 5.3 percent of all single family home sales during the quarter. The 5.3 percent share of flips in the fourth quarter was up 11 percent from the previous quarter but still down 12 percent from a year ago. Comment?
10 min ago | via Boston Herald
Since 2008, the Federal Reserve has been giving banks virtually free money by keeping their short-term borrowing rates near zero. This week, Chairwoman Janet Yellen indicated the Fed is getting even more optimistic about the economy and inflation and further indicated it will end that policy as early as July. Comment?
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