Brea Real Estate News
Real Estate news for Brea, CA continually updated from thousands of sources.
Yesterday | via The Wave
Most Americans rely on every single paycheck to make ends meet, to pay the rent or the mortgage, and to pay the car insurance or the utilities. So when that paycheck doesn't show up or when it's short the impact can be devastating. Comment?
Tuesday Jun 30 | via Los Angeles Times
Home prices in Los Angeles and Orange counties rose 6.1% in April, according to a closely tracked gauge released Tuesday. The 12-month gain from April 2014 was larger than a 4.2% pop seen nationally, the Standard & Poor's/Case-Shiller index showed. Comment?
Monday Jun 29 | via The Orange County Register
Condos have been the hottest segment in the Orange County housing market. Condo sales in the county were 26 percent above their year-ago volume as of early June, according to recent data from CoreLogic. Comment?
Friday Jun 26 | via The Wave
Register columnist Jonathan Lansner reported CoreLogic's report on June 17 that the Orange County median home price hit $610,000 last month, the highest level in seven years. Can this real estate revival come to an end anytime soon? That's the current hot topic for those that have not yet made the decision to home shop. Comment?
Wednesday Jun 24 | via YourObserver
The following residential real estate transactions took place between June 8 and June 12. A condominium in Hudson Crossing tops all transactions in this week's real estate. Brian and Brenda Johnson, of Sarasota, sold their Unit PH-A condominium at 888 S. Orange Ave. to Paul Costello, of Sarasota, for $1.6 million. Comment?
Yesterday | via The Item Extra
It's one of the most common lies that home buyers tell mortgage lenders, and it may be on the upswing: In order to get a lower interest rate and down payment, applicants say they plan to occupy the house as a principal residence when in fact they have no such intention. The incidence of occupancy misrepresentation rose 20 percent between 2011 and 2013, according to giant investor Fannie Mae's latest sampling of loans involving known fraud. Comment?
Wednesday Jul 1 | via Dr. Housing Bubble Blog
The rise of inventory in Southern California: Inventory is up 70 percent from 2013 in Orange, Riverside, and San Bernardino counties. Real estate markets are notoriously slow when it comes to shifting momentum. Comment?
Wednesday Jul 1 | via National Mortgage News
After it all but stopped making real estate and development loans following the housing crash, the $5.6 billion-asset bank over the last two years has increased its total real estate loans by more than 61%, to $3 billion as of March 31. It is a figure that is likely to keep rising as California's real estate market heats up and the bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace. "The commercial market is growing very strong here in California, more so than in other states," said Chairman and Chief Executive Daniel Walker. Comment?
Wednesday Jul 1 | via Mortgage News Daily
The Fourth of July is nearly here our very own Census Bureau has dished up some tasty numerical facts. The estimated U.S. population for July Fourth this year is 321 million, whereas in July 1776 the estimated number of people living in the newly independent nation was 2.5 million. Comment?
Sunday Jun 28 | via San Gabriel Valley Tribune
The Southern California real-estate market is feeling the sting of a changing climate, as a pair of new reports finds renters, would-be homebuyers and black households losing ground in the face of competition from investors and a widening racial wealth gap. In a survey of 80 community-based nonprofits, the California Reinvestment Coalition found that long-term tenants are being displaced by high rents while potential first-time homebuyers are losing out to all-cash offers from investors. Comment?
37 min ago | via Menlo Park City Council
From the desk of: Ninelle Hacopian BankofAmerica WeeklyWrap Here's your weekly look at key data and indicators that can help you learn more about current real estate market conditions. Also, check out Tom Ferry's Tip of the Week for the latest thoughts from one of the nation's leading coaches for real estate professionals. Comment?
2 hrs ago | via BBC News
New measures to help people buy and build houses will feature in this week's Budget, the government has said. Writing in the Times , Prime Minister David Cameron announced plans to build discounted homes for first-time buyers under 40 and use public land for homes. Comment?
1 hr ago | via NewsFactor
U.S. employers likely hired at another strong pace in June, a sign that the job market is nearing full health and giving the Federal Reserve reason to raise interest rates as early as September. Economists predict that employers added 233,000 jobs and that the unemployment rate dipped to 5.4 percent from 5.5 percent in May, according to data firm FactSet. Comment?
2 hrs ago | via The Aspen Times
The former house of Jim and Mary Hayes on East Bleeker Street was part of the current real estate buying frenzy. It sold for $4.1 million on May 5. All real estate transactions in Pitkin County totaled $929.24 million from January through June, according to statistics through April that were compiled by Land Title Guarantee Co. Comment?
2 hrs ago | via Townhall
Do you see an ethical dilemma involved in buying things like repossessed cars, houses that have been through foreclosure, or even pawn shop items? While these kinds of purchases can be smart and thrifty, I worry sometimes that I'm taking advantage of those who are stuck in a bad financial cycle. You've raised an important question. Comment?
Copyright © 2015 Topix LLC