Chico Real Estate News
4 hrs ago | via NewsReview.com
Like all stay-at-home moms, Sue Kamrar is a very busy woman. She's got two kids to raise, a mortgage to pay, errands to run and laundry to do. Comment?
Feb 9, 2015 | via Chico Enterprise-Record
Sacramento >> The final defendant in a Chico mortgage fraud ring that included then-prominent Chico developer Anthony Symmes, was sentenced Monday in U.S. Court for the Eastern District of California in Sacramento. Joshua Clymer, 28, of San Francisco, was sentenced to two years in prison for conspiracy to commit mail and wire fraud, according to a press release from U.S. Attorney Benjamin B. Wagner announced. Comment?
Jan 10, 2015 | via Red Bluff Daily News
RED BLUFF >> Property tax revenue for the city of Red Bluff this fiscal year is estimated to increase 1.1 percent compared to last year, continuing an upward trend that started in the 2013-2014 fiscal year. Sandy Ryan, the city's finance director, delivered a report prepared by HdL Companies to the City Council on Tuesday that estimates about $1.34 million in property tax revenue. Comment?
Jan 9, 2015 | via BroadwayWorld.com
Tim Taylor, a mortgage banking executive and former Old Spanish Days El Presidente , has been elected to the Board of Directors for the Music Academy of the West. His three-year term began January 1. A sixth-generation Santa Barbaran, Mr. Taylor earned a bachelor's degree in business administration at California State University, Chico, before starting his career as a loan officer at Goleta National Bank. Comment?
Jan 8, 2015 | via Red Bluff Daily News
Red Bluff >> The U.S. Small Business Administration is making low-interest loans available to Tehama County residents and businesses affected by the December winter storms. Under the program homeowners may borrow up to $200,000 to repair or replace their primary residence and businesses may borrow up to $2 million for any combination of property damage or economic injury. Comment?
7 hrs ago | via Inside Bay Area
The statewide housing crunch is raising prices and putting lower income groups into deeper financial straits as they attempt to keep up with housing costs, according to a new state report. "California's High Housing Costs: Causes and Consequences," released March 17 by the state Legislative Analyst's Office, examines the shortage of housing and says the state needs to revamp policies to build several hundred thousand new dwellings. Comment?
13 hrs ago | via San Diego Mortgage Report
I've probably funded over 400 VA home loans this decade; over 60 of those loans funded for condominium complexes not approved by the Veterans Administration. In Southern California, it's quite common along the coastal communities for buyers to look at condos, townhomes, or PUDs as lower-cost alternatives to single-family homes. Comment?
16 hrs ago | via Dr. Housing Bubble Blog
Pasadena and the art of marketing old homes: Los Angeles has many areas with very old homes and unsuspecting buyers purchasing into future cash outflows. People are desperately trying to find great deals on crap shacks . Comment?
19 hrs ago | via Mortgage News Daily
Home prices flattened on a month-over-month basis in January even as annual prices continued to increase S&P Dow Jones Indices said today. The Case-Shiller indexes for national as well as selected metropolitan areas changed only minimally from December, partially attributable to usually cold and wet weather according to the S&P monthly report. Comment?
19 hrs ago | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. Comment?
4 min ago | via Press-Telegram
It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. It takes words invested with meaning in the language of the international jet set: With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Comment?
Jan 4, 2015 | via Live Charts
Greece was again the main topic of discussion in markets on Tuesday ahead of the release of the monthly US non-farm payrolls report due out at the end of the week. As sentiment continued to sour towards the Mediterranean country yields on its 10-year sovereign bonds soared by 63 basis points to 11.69%. Comment?
22 min ago | via Business World
The continued broadening of the investor pool active in Ireland's CRE market reflects the stabilisation of the market and the removal of the risk premium that was applied to Ireland by core overseas investors for some time according to Davy Stockbrokers. They believe that the the expansion of activity from core investors - such as Credit Suisse, Hines Global REIT, Irish Life REIM, Starwood Mortgage REIT and Union Investment reflects the recycling of shorter-term capital to more patient long-term money. Comment?
45 min ago | via Inman Real Estate News
At 80 million strong, millennials are poised to make a great impact on the real estate industry - not just as homebuyers but as a viable talent base. Real estate is not typically a first career, but here's why I want millennials on my team at the start of their career. Comment?
48 min ago | via Daily Mail
Pricey coffees: Cutting on your daily cappuccinos means you could put up to A 35 a week into your pension Home-owners can currently get their hands on some of the cheapest interest rates on record, including five and ten-year fixes for close to 2.5 per cent. If you're on a typical standard variable rate of 4.75 per cent, you could save A 175 a month - A 2,100 a year - by switching to a five-year fix at 2.49 per cent. Comment?
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