Bakersfield Real Estate News
Real Estate news for Bakersfield, CA continually updated from thousands of sources.
Jun 21, 2016 | via Mass Transit
June 20--OAKLAND -- With mounting housing prices pushing residents farther from the Bay Area's booming economy, Amtrak on Monday launched expanded service between the Central Valley and East Bay. The additional daily round-trip service between Bakersfield and Oakland's Jack London Square will allow commuters to arrive roughly a half-hour earlier in the day, said San Joaquin Regional Rail Commission spokesman David Lipari, offering what the commission hopes will be more convenient service for commuters. Comment?
Jun 9, 2016 | via National Mortgage News
Bakersfield, Calif., home sales were "as normal as it gets" in May, according to a report showing moderate increases in supply, demand and median price. Local appraiser Gary Crabtree's preliminary report says the median closing price of a home sold last month rose 4.7% from April to reach $225,000, or 1.7% lower than the median a year before. Comment?
May 18, 2016 | via Business Wire
A detailed list of rating actions follows at the end of this press release. The downgrade of class H is a result of higher certainty of losses since Fitch's last rating action. Comment?
Apr 20, 2016 | via KRON 4
A California-based federal prosecutor whose office secured multi-billion dollar settlements after the housing meltdown announced Wednesday that he is resigning as President Barack Obama's administration begins to wind down. Benjamin Wagner, U.S. attorney for the Eastern District of California, said he will step down at the end of April. Comment?
Mar 4, 2016 | via Aerotech News And Review
AVBOT Keynote speaker Gene Simmons invites David McBride, the director of NASA's Armstrong Flight Research Center, to join him on stage. Assuming McBride was a very attractive real-estate agent, McBride told him he was an engineer and that formal education was very important. Comment?
Tuesday Jul 26 | via New York Sun
The battle over Airbnb is taking center stage at the Democratic National Convention. The fight is emblematic of the dispute between Republicans and Democrats over who should steer the economy: government regulators, on the one hand, or consumers and business innovators on the other. Comment?
Monday Jul 25 | via Inman News
The California Association of Realtors filed a federal lawsuit against Massachusetts-based PDFfiller Inc., alleging the tech firm has copied, published and sold at least 64 of CAR's copyrighted real estate forms "many hundreds of thousands of times, and possibly millions of times" through its website without authorization. Apartment List released its July rent report for Los Angeles, finding rents were flat over June, but L.A. continues to be one of California's most expensive cities for renters. Comment?
Sunday Jul 24 | via The Wave
Jennifer and Bob Hochstadter of Dana Point no longer needed five bedrooms' worth of space, so they sold their Laguna Niguel home and moved into their smaller Dana Point rental, pocketing cash for travel and retirement. Lake Forest agent Jenean Hill has had at least five clients seeking to cash out their California homes over the past several years. Comment?
Wednesday Jul 20 | via The Wave
For more than a generation, opportunistic California politicians have barraged voters with woeful tales about how the most productive, inventive, wealthy and enterprising Californians are leaving this state in droves to avoid high taxes and excessive government regulation. These stories, used successfully by the likes of Pete Wilson and Arnold Schwarzenegger while running for governor, and unsuccessfully by failed candidates from Bill Simon to Meg Whitman and Neel Kashkari, tell of rich Californians seeking greener pastures in more laissez faire states like Texas and Idaho. Comment?
Tuesday Jul 19 | via Inside Bay Area
President Obama and Vice President Joe Biden on Tuesday announced they are backing state Attorney General Kamala Harris, a longtime political ally of the president, in California's historic Democrat-on-Democrat U.S. Senate race. The president praised Harris as a "lifelong courtroom prosecutor" who has fought international gangs, oil companies and the big banks responsible for the mortgage crisis. Comment?
25 min ago | via AmericanBankingNews.com
The brokerage currently has a $19.00 price target on the financial services provider's stock. Zacks Investment Research's price objective indicates a potential upside of 12.49% from the company's current price. Comment?
33 min ago | via The Island Packet
At least two gated golf communities are attempting a work-around to their $1-lot problem, purchasing homes within their gates and building spec homes on them. Belfair and Berkeley Hall, two Bluffton communities, are using the new strategy in hopes of ending the cycle of lots being put up for sale at Beaufort County's annual tax sale for $1, then sold to buyers who are unaware of the exclusive neighborhoods' fees and dues. Comment?
36 min ago | via Business Journal
Filled with "must read" stories, industry news and reporter insights, exclusive interviews with local business leaders, and expanded Top 25 Lists . Comment?
2 hrs ago | via FindLaw
IN RE: Timmy Dewayne Jester, a/k/a Tim D. Jester; Rebecca Jo Jester, a/k/a Becky Jo Jester, f/k/a Rebecca Jo Hillsberry, f/k/a Becky Jo Hillsberry, Debtors. Timmy Dewayne Jester; Rebecca Jo Jester, Appellants, v. Comment?
3 hrs ago | via The Daily Republic
Many sellers decide to wait until they find a new home before they list their home for sale. This presents a huge problem in the event that they do find a home that they want to make an offer on. Comment?
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