Colton Real Estate News
Real Estate news for Colton, CA continually updated from thousands of sources.
Friday Aug 14 | via The Press-Enterprise
Fannie Mae says consumer sentiment about buying a home fell in July, an unusual twist in a typically upbeat time of year. But data from a real estate industry tracker suggests the home buying spirit hadn't dampened in Inland Southern California. Comment?
Tuesday Aug 11 | via Patch.com
Fewer Riverside County households could afford to purchase a median-priced home in the last quarter, dovetailing with an overall drop statewide in housing affordability, a real estate tracking firm reported today. About 40 percent of county residents could qualify to buy a single- family dwelling between April 1 and June 30, compared to 42 percent in the first quarter of this year, according to the California Association of Realtors. Comment?
Jul 17, 2015 | via Patch.com
The median price of a home in Riverside County rose by 5.5 percent in June, compared with the same month a year ago, while the number of homes soared by 17.6 percent, a real estate information service announced. According to CoreLogic, the median price of a Riverside County home was $315,000 last month, up from $298,500 in June 2014. Comment?
Jul 16, 2015 | via Patch.com
Foreclosure activity in Riverside County dropped by double digits in the first half of the year, but the county remained among the leading foreclosure markets in the state, according to figures released today by a real estate tracking firm. Between Jan. 1 and June 30, 5,375 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Jul 9, 2015 | via The Press-Enterprise
The Riverside County property assessment roll has been valued at $242.7 billion, nearly the pre-recession total valuation reached in 2008, county officials announced. The 5.78 percent increase from 2014, the third consecutive year of growth in property values, put Riverside County closer to its 2008 peak assessment roll of $242.9 billion, according to a report released by Assessor-County Clerk-Recorder Peter Aldana. Comment?
Saturday | via Los Angeles Times
As head of the Los Angeles office of global engineering firm Arup, Jon Phillips has a panoramic view of the economy - through his diverse array of clients. When the real estate market crashed in 2007 and 2008, the firm shifted a significant chunk of business overseas to projects in China and the Middle East. Comment?
Saturday | via West Hawaii Today
A 40-year-old Pahoa man believed to be the sole suspect in the slaying of his mother is a lawyer who was allowed to resign from practice in California with disciplinary action pending and later disbarred in New York. Sean Alan Rutledge, aka Alan Frank, was disbarred by the state Supreme Court in New York on Nov. 26, 2013, based on an order by the Supreme Court of California on July 13, 2011, accepting Rutledge's resignation from the practice of law with charges pending. Comment?
Friday | via Los Angeles Times
Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Comment?
Friday Aug 28 | via WebWire
Foreclosure rates have been steadily decreasing in most parts of the country. According to recent media reports, even with this trend, California still has one of the highest number of completed foreclosure rates in the country. Comment?
Friday Aug 28 | via The Daily Record
Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life. The typical first-timer now rents for six years before buying, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. Comment?
8 min ago | via Patch.com
FrontDoor Communities announces that its Enclave at Nash Springs community in Lilburn is being strongly received by prospective homeowners in the area. The community has experienced high traffic volume, with an average of 12 to 15 visitors per week. Comment?
8 min ago | via Phoenix Real Estate Guy
Brought to you by: Phoenix Real Estate Guy Of course there are really two different scenarios here. First is, you are planning on staying in the house. Comment?
9 min ago | via Business Journal
Strong interest in the city's Elmwood Village and Hertel Avenue districts has prompted the owners of a historic North Buffalo building to put it up for sale. The Pierce Arrow Building, located at 1685 Elmwood Ave., has been placed on the real estate market by its New York City-based owners, Pierce Arrow Holding LLC. The asking price for the 132,000-square-foot building that dates back to 1906 is $4.99 million. Comment?
9 min ago | via Housing Wire
The rate of defects found on mortgage loan applications is on the rise, according to a new report from First American Financial . First American's Loan Application Defect Index for July found that loan application defects rose 4.9% from June to July, rising to the second highest total of the year. Comment?
9 min ago | via Housing Wire
The composite National Mortgage Risk Index for Agency purchase loans stood at 12.09% in July, down 0.2 percentage point from the average for the prior three months, but up 0.6 percentage point from a year earlier. The monthly composite, produced by the American Enterprise Institute's International Center on Housing Risk, has increased year-over-year in every month since January 2014. Comment?
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