Bakersfield Real Estate News

Bakersfield Real Estate News

Real Estate news for Bakersfield, CA continually updated from thousands of sources.

Local Headlines

  • Wells Fargo HomeLIFT Program to Help Bakersfield Hom...

    Thursday Jun 25 | via Business Wire 

    Eligible homebuyers can make an appointment now to reserve $15,000 down payment assistance grant July 24-25 at Bakersfield Convention Center )--Wells Fargo & Company , NeighborWorks AmericaA and its network member Self-Help Enterprises today joined Mayor Harvey Hall to announce the $4.75 million Bakersfield Wells Fargo HomeLIFTa program to help boost homeownership and strengthen neighborhoods in the city. Of the HomeLIFT program funds for Bakersfield, $4.1 million will go toward down payment assistance grants and program support to help potential homebuyers overcome the barrier of making a sufficient down payment.

    Comment?

    Related Topix: Banking, Wells Fargo , Financial Services, Bakersfield, CA, Home, Mortgage, Personal Finance, Mortgage

  • Fitch Takes Various Rating Actions on LBUBS 2004-C6

    Wednesday Jun 17 | via Business Wire 

    A detailed list of rating actions follows at the end of this press release. The upgrades of classes F and G reflect the repayment of 37 loans in the last 12 months, including several loans that were previously in special servicing.

    Comment?

    Related Topix: Home, Mortgage, Mortgage, Personal Finance, Bakersfield, CA

  • Why owners often overestimate their home's market value

    Wednesday Jun 3 | via Los Angeles Times 

    Do you know what your house is worth? Would you concede that there's a chance that your estimate of its value might be higher than what a buyer would pay? A new statistical study, published in the Journal of Housing Economics, found that homeowners on average "overestimate the value of their properties by about 8%." Tapping into federal databases, researchers concluded that over-valuations probably are tied to erroneous owner estimations of the capital gains they've accumulated in the house.

    Comment?

    Related Topix: Quicken Loans, Financial Services, Real Estate

  • Kenneth Harney: Managing homeowners' great expectations

    May 28, 2015 | via The Item Extra 

    WASHINGTON - Do you know what your house is worth? Would you concede that there's a chance that your estimate of its value might be higher than what a buyer would pay? A new statistical study, published in the Journal of Housing Economics, found that homeowners on average "overestimate the value of their properties by about 8 percent." Tapping into federal databases, researchers concluded that overvaluations are likely tied to erroneous owner estimations of the capital gains they've accumulated in the house.

    Comment?

    Related Topix: Birmingham, AL, Real Estate

  • Valuation studies show homeowners have great expecta...

    May 28, 2015 | via Daily Herald 

    Do you know what your house is worth? Would you concede there's a chance your estimate of its value might be higher than what a buyer would pay? A new statistical study, published in the Journal of Housing Economics, found that homeowners on average "overestimate the value of their properties by about 8 percent." Tapping into federal databases, researchers concluded that overvaluations are likely tied to erroneous owner estimations of the capital gains they've accumulated in the house.

    Comment?

    Related Topix: Birmingham, AL, Real Estate

Regional Headlines

National Headlines

Bakersfield Conditions

(updated 58 min ago)

Weather
Clear 86°F
Hi: 101°F
Lo: 76°F
Feels like: 83°F
Visibility: 10 mi

See Tomorrow's Forecast »