Bakersfield Real Estate News
Real Estate news for Bakersfield, CA continually updated from thousands of sources.
Dec 3, 2015 | via Housing Wire
For more than a third of the nation's major metro areas, home prices have reached all-time highs in 2015, a new report from RealtyTrac shows. According to RealtyTrac's October 2015 U.S. Home Sales Report, 33 metro areas reached all-time highs in home prices during this year. Comment?
Nov 4, 2015 | via Sys-Con Media
The report also shows home sellers in the third quarter on average had owned their home for 6.72 years when they sold. The eight-year high in average price gains for home sellers in the third quarter came despite slowing home price appreciation. Comment?
Oct 28, 2015 | via Contra Costa Times
Not only does the Livermore woman work with rescue groups to save the dogs no one seems to wants, she and a cadre of volunteer pilots fly the canines hundreds of miles northward, where loving homes await. Smith is cofounder of Wings of Rescue, a nonprofit, all-volunteer group of pilots who use their personal planes to fly rescue missions about twice a week. Comment?
Aug 4, 2015 | via Business Wire
The dividend relates to... )--Prudential Real Estate Investors announced today the acquisition of Block 300, a 361,805 square foot class A office property in Portland, Ore., on behalf of institu... 100,000 Opportunities Initiative to Kick Off With 29 Companies Expected to Engage at Least 3,000 Opportunity Youth and Make Hundreds of Immediate Job Offers in Chicagoland )--The 100,000 Opportunities Initiative, a national coalition of leading U.S.-based companies committed to hiring at least 100,000 Opportunity Youth by 2018, today welcomed a... )--EDF Renewable Energy closed on the sale of the Catalina Solar 2 Project , located in Kern County, California to Dominion . Comment?
Jun 25, 2015 | 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?
Yesterday | via Pasadena Star-News
California is routinely ranked as one of the most expensive places to live in the nation, mostly due to our state's sky-high housing costs. In fact, the average price of a California home is roughly $440,000, more than double the national average of $179,000. Comment?
Jun 20, 2012 | via City Journal
Say this for the $92 billion budget that California's legislature sent to Governor Jerry Brown on Friday: at least it wasn't late. 'The deadline was met,' state senate leader Darrell Steinberg announced with little fanfare or much evident pride. Comment?
Oct 19, 2008 | via City Journal
Treasury secretary Hank Paulson has spent the past six months using the trillions of dollars in promises and loans that only the government is powerful enough to make to avert the immediate collapse of the insurance giant AIG and those two mortgage behemoths, Fannie Mae and Freddie Mac. Government officials had hoped that their actions would persuade the financial world's private lenders, trading partners, and customers to stop fleeing financial institutions in a Depression-style terror. Comment?
Friday Feb 5 | via Local TV Station KTVZ
The Oregon Department of Consumer and Business Services warned consumers Thursday not to seek loan modification services from Liberty One Mortgage, a California-based unlicensed and unregistered company that has engaged in mortgage fraud. The department, through its Division of Financial Regulation, has issued two orders requiring Liberty One Mortgage to stop all unlawful activity in Oregon and assessed $30,000 in civil penalties against the company. Comment?
Thursday Feb 4 | via Business Wire
A detailed list of rating actions follow... )--Fitch Ratings has affirmed 10 classes of UBS Commercial Trust 2012-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follo... )--Westin Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. , today announced that the highly-anticipated Westin Nashville will o... )--Second row in list of dates for release dated February 2, 2016, should read: Ex-date: 02/11/2016 . Comment?
Yesterday | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Yesterday | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Yesterday | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Yesterday | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Yesterday | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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