Bakersfield Real Estate News
Real Estate news for Bakersfield, CA continually updated from thousands of sources.
Tuesday Aug 4 | 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?
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?
14 hrs ago | via Los Gatos Weekly-Times
Housing affordability is becoming a major issue in California, as home prices rise beyond the reach of majority of home buyers. A recent analysis of home prices and income found only seven California counties are affordable to home buyers who earn the median household income for their area, while homes in 25 counties were out of reach for the typical household. Comment?
20 hrs ago | via Inside Bay Area
Computers have brought a major change to libraries, so it seems the way to keep libraries viable is to increase ebooks and have more programs and activities. Another lure is their increased material meant strictly for adults, which can be checked out to any age while holding parents responsible -- though the parents do not necessarily know what their minor has checked out. Comment?
21 hrs ago | via Contra Costa Times
When billionaire candidate Donald Trump was asked during the first GOP presidential debate about the four bankruptcies declared over the years by companies he controlled, Trump didn't flinch. "I have used ... the laws of this country, the chapter laws, to do a great job for my company, my employees, myself and my family," he said. Comment?
Tuesday | via San Diego Source
Dave Gillingham provides real estate agents an overview of the California Real Estate Purchase Agreement , Residential Income Property Purchase Agreement and Joint Escrow Instructions , and Purchase Agreement Addendum . Comment?
Tuesday | via San Diego Source
The Cultural Arts Office is supporting the films being shown at Ruby G. Schulman's Auditorium. Visit website for film schedule and tickets. Comment?
7 min ago | via KMPH-TV Fresno
Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy. Mortgage giant Freddie Mac said Thursday that the average rate on a 30-year fixed-rate mortgage increased to 3.89 percent from 3.84 percent a week earlier. Comment?
13 min ago | via TheCourier.com
Hancock and Putnam counties have been ranked in the top 10 for mortgage approval among Ohio's 88 counties, according to smartasset.com , a financial technology company based in New York. Comment?
19 min ago | via The Real Deal
The Blackstone Group bought a stake in troubled mortgage insurer PMI, apparently continuing its strategy to bet on companies for which prices plunged following the financial crisis. California-based PMI was hit hard by the wave of foreclosures in 2008 and 2009 and went bankrupt, ceasing to insure new loans in August 2011. Comment?
26 min ago | via The Chronicle Herald
Let's be honest - owning a home is expensive. There are taxes, insurance, a mortgage, and it seems unexpected repairs and replacements are always cropping up. Comment?
27 min ago | via Seeking Alpha
Blackstone has taken a "significant equity stake" in The PMI Group , and has provided the mortgage insurer with a working capital loan in exchange for warrants and certain other rights. The money will be used to pursue PMI's investment strategy, which could include the raising of more capital. Comment?
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