Watsonville Real Estate News
Sunday Mar 22 | via Monterey County Herald
Monterey >> Home affordability hit record lows in 2014 for Monterey County and much of California, according to the California Association of Realtors. Only 27 percent of homes were considered affordable in Monterey County based on median household income and current home prices - a major change from the beginning of 2011 when more than half of all homes were considered within reach. Comment?
Thursday Mar 19 | via Courthouse News Service
A federal judge denied a nationwide loan administrator's request to stop two California district attorneys from enforcing fraud laws against it. Loan Payment Administration and its corporate parent Nationwide Biweekly Administration sued district attorneys in Monterey and Marin counties in October 2014 after a Monterey deputy district attorney said their solicitation letters violated state law. Comment?
Tuesday Mar 17 | via Patch.com
You may want to rethink taking those extra deductions to minimize your tax liability this year if you plan to get a mortgage. Writing off expenses you incur as a W-2 employee can have lasting negative repercussions on your real income, an anchor component of how home lenders determine your creditworthinessa You bring a mortgage company your w-2a 2s and pay stubs supporting high income. Comment?
Wednesday Mar 11 | via The Salinas Californian
Financial woes stalk Salinas school leader Education and community advocate Maricela Cruz seeks Chapter 13 bankruptcy protection Check out this story on thecalifornian.com: http://bit.ly/1Gtz3YW A Salinas school trustee who has figured prominently in restoring a climate of civility in the Alisal Union School District is facing some personal financial turbulence. Maricela Cruz, a local businesswoman and civic leader, has filed for Chapter 13 bankruptcy protection because of debts mounting from her personal and business finances. Comment?
Feb 17, 2015 | 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?
14 hrs ago | via Victorville Daily Press
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?
Yesterday | 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?
Yesterday | 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 | 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?
Friday | via BroadcastNewsroom
Kevin Leonard and his team of real estate and mortgage professionals continue to change the way homes are bought and sold, and just added a new real estate broker and the firm's agents. California discount real estate brokerage firms are lining up to join the real estate team working with Kevin Leonard. Comment?
19 min ago | via Seeking Alpha
Fixed income securities are the preferred choice of investors who are ready to forgo capital growth for regular income flows. The expense involved in creating such a portfolio of bonds from different categories may be quite considerable. Comment?
37 min ago | via Christian Science Monitor
Credit cards are a cornerstone of Americans' purchasing habits, but knowing how to use them is important. And part of that is knowing how to separate truth from myth when it comes to credit cards. Comment?
40 min ago | via Scotsman.com
The place has to have atmosphere, the food has to be good - knowing my sister, a decent steak may well be required - something a little bit special, but not in the I-might-need-a-second-mortgage bracket. Mother and I are running out of ideas, so why not ask Birthday Girl herself? Situated in what was once an 18th-century asylum, between Edinburgh's student heartland and the Old Town, Hotel du Vin opened in the capital in 2008, part of the popular luxury boutique hotel chain. Comment?
42 min ago | via St. Petersburg Times
Homes and docks damaged by Superstorm Sandy remain uninhabitable in the Broad Channel section of Queens, New York, on, Jan. 3, 2013.The storm drained the coffers of the national flood insurance program. [Associated Press] At her small beach house that sits in a flood zone, Nancy Loft-Powers worries. Comment?
47 min ago | via Cape Cod Times
WELLFLEET The phrase "one of a kind" gets thrown around a lot by real estate agents, but this "three-bedroom" home may actually fit the broker hyperbole. Comment?
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