Bakersfield Real Estate News
Real Estate news for Bakersfield, CA continually updated from thousands of sources.
Sep 5, 2015 | via The Fresno Bee
Lorraine Person is escorted to the podium in the Fresno Convention Center exhibit hall after the announcement, Thursday, May 8, 2003, in Fresno, Calif., that she was the recipient of the Fresno-Madera Area Agency on Aging's Advocacy Award. Her family was poor - she made her own dresses out of leftover flour sacks. 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?
Jun 17, 2015 | 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?
Jun 3, 2015 | 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?
Saturday Oct 10 | via Redlands Daily Facts
California's housing market will continue to improve into 2016, but a housing shortage and a lack of affordability in some areas will also persist, according to the California Association of Realtors' 2016 California Housing Market Forecast. The forecast, released this week, sees an increase in existing home sales of 6.3 percent to reach 433,000 units next year, up from the projected 2015 sales figure of 407,500 homes sold. Comment?
Friday Oct 9 | via Patch.com
The California median home price is forecast to increase 3.2 percent to $491,300 in 2016, the slowest appreciation rate in five years. California's housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability will persist as well, the California Association of Realtors said Thursday in its 2016 California Housing Market Forecast. Comment?
Friday Oct 9 | via National Mortgage News
SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the National Mortgage News audience via SourceMedia's digital media platforms. Partner Insights content is produced by the marketer. Comment?
Thursday Oct 8 | via Housing Wire
California's housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the improvement, according to a report released Thursday by the California Association of Realtors . According to CAR's 2016 California Housing Market Forecast, existing home sales are expected to rise in 2016 by 6.3% over 2015's expected total. Comment?
Thursday Oct 8 | via Bloomberg
International buyers are accounting for the smallest share of California home sales in at least eight years as prices climb and investors from China, the biggest source of foreign purchases, slow buying, according to the state's Realtors group. The share of international buyers fell this year to less than 4 percent, compared with a peak of 8 percent in 2013, the California Association of Realtors said in a report Thursday. Comment?
2 min ago | via Sunherald.com
The rules that financial pros say people should follow if they want to build wealth are usually straightforward -- pay your bills on time, have cash on hand for a rainy day and invest money for your future. Sounds easy enough, but for many people these milestones can feel out of reach. Comment?
7 min ago | via ABC News
Westpac plans to raise home loan interest rates to shore up its capital buffers to protect against future financial crises. The bank's variable rate mortgage loans for owner occupiers and property investors will rise by 20 basis points from the middle of next month. Comment?
8 min ago | via Cybercast News Service
JPMorgan Chase & Co. saw its third-quarter profits rise 22 percent from a year earlier, helped by a significant one-time tax benefit. Comment?
10 min ago | via Daily Mail
Barclays chairman John McFarlane clearly has decided if you are going to own a world-class investment bank you might as well have a Master of the Universe to run it. Standard Chartered has Bill Winters and now Barclays wants 58-year-old Jes Staley, one of the challengers to the supreme power of Jamie Dimon, as its new chief executive. Comment?
22 min ago | via Bangkok Post
Finance Minister Apisak Tantivorawong said the property stimulus covered both financial and fiscal measures such as cuts in the housing transfer and mortgage fees for homes priced below 3 million baht and tax deductions. In order to facilitate low- and middle-income earners accessing mortgage funding, state-owned GH Bank will now be allowed to extend loans equalling half of applicants' salaries, up from 30%, in a scheme worth 10 billion baht. Comment?
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