Watsonville Real Estate News
Real Estate news for Watsonville, CA continually updated from thousands of sources.
Tuesday Feb 17 | via The Salinas Californian
Vital Currents: Home prices blow past wage growth Prices in Monterey County are outstripping wages by 15 to 1 Check out this story on thecalifornian.com: http://bit.ly/1A42aS8 The rise in housing prices in Monterey County is unsustainable, particularly for wage earners, unless the American Dream has been redefined as a pipe dream for all but the affluent. Yet you will find those who paint a picture of the market being just ducky. Comment?
Wednesday Feb 11 | via Monterey County Herald
Monterey>> The median home price in Monterey County rose by $65,000 in 2014 as it inches back to pre-2008 levels, according to data released this week. Median home price for the year was $455,000 countywide, with increases in all areas, according to Multiple Listing Service, a real estate services company. Comment?
Monday Feb 9 | via Monterey County Herald
Carmel >> A resolution recently passed by the city council could help Carmel homeowners and commercial property owners make their residences greener. The resolution, approved Feb. 3, opens the door to the HERO financing program. Comment?
Wednesday Feb 4 | via Vallejo Times-Herald
Home prices in Solano County rose in double-digits again in December, compared to a year ago - the 11th steepest climb of the 400 areas measured nationwide by CoreLogic for its Home Price Index. Including distressed sales, home prices in the Vallejo-Fairfield Metropolitan Statistical Area increased 10.3 percent in December compared to December 2013, the report shows. Comment?
Jan 26, 2015 | via Monterey County Herald
DEL REY OAKS >> Pending a vote at Tuesday's City Council meeting, Del Rey Oaks is set to become the second city in Monterey County to become a HERO community. HERO, or Home Energy Renovation Opportunity, is a much talked-about public-private partnership to help property owners finance energy-efficient and water-conserving upgrades. Comment?
10 hrs ago | via Business Wire
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14 hrs ago | via Inman Real Estate News
The United States attracts more Chinese real estate buyers than any other country. Chinese investors are buying U.S. property in order to diversify their assets outside of China, for investment purposes, for immigration reasons or because they have a child studying in the U.S. According to the National Association of Realtors , Chinese buyers spent an estimated $22 billion on U.S. properties last year. Comment?
16 hrs ago | via Zillow Blog
Joseph Eichler died in 1974, but his building plans have been revived for another round of mid-century modern tract homes. Just like iconic builder Joseph Eichler half a century ago, Troy Kudlac believes in bringing modern homes to the masses. Comment?
Yesterday | via JD Supra
Effective January 1, 2015, California law requires real estate brokers and agents to provide their clients and prospective clients with specific new disclosures, including an initial disclosure form regarding the nature of agency relationships, which is typically provided at the time a listing agreement is entered into; and an additional disclosure form to be presented in connection with a specific lease or purchase transaction. Owners/landlords may elect at their option not to execute the initial disclosure form. Comment?
Yesterday | via Madison Park Times
A recent TV show depicted a developer in the plusher areas of California tearing down mega-mansions to build even bigger mega-mansions for the ultra-rich. It was amusing to hear actors who were previously quite happy with their dwellings become dismayed to find their neighborhood in upheaval. Comment?
4 min ago | via Eastern Daily Press
Virgin Money has more than doubled its profits in the mortgage lender's first set of annual results since it floated last year. The company also announced that all staff below executive level will receive a "share in success" pay-out worth 7% of their salaries, adding to their normal bonus awards and the A 1,000 of shares that all employees received on listing. Comment?
45 min ago | via Daily Mail
Going broke on The Block! Ayden and Jess reveal they need to win around $50,000 to break even on Triple Threat... after Dee and Daz only netted $10,000 last year And now their competitors this season Ayden and Jess are hoping that the same meagre result doesn't befall them. The pair revealed to OK! Magazine that, between a mortgage and weekly rent to pay, being on The Block is running them broke, with Ayden revealing 'We would need to win about $50,000 to break even.' Comment?
1 hr ago | via Philadelphia Weekly
Online tools like Doorsteps.com is why real estate agents need to start thinking differently about how they reach clients with technology. Comment?
20 min ago | via Guy Fawkes' blog
Great Scott! Homeownership has reached its lowest level in 29 years. We're heading back to pre-Thatcher levels of owning. Comment?
20 min ago | via KOLD-TV Tucson
PHOENIX - A Phoenix celebrity real-estate guru will spend the next four years in federal prison for money laundering and tax evasion. Prosecutors say 40-year-old Tanya Marchiol was sentenced for helping drug dealers buy a house and for failing to pay income tax on $1.4 million earned between 2008 and 2010. Comment?
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