Colton Real Estate News
Real Estate news for Colton, CA continually updated from thousands of sources.
Friday Oct 2 | via Lake Elsinore Valley News
Annually the numbers are positive. The numbers of listings and closings, as well as selling prices are up in Riverside County. Comment?
Wednesday Sep 16 | via The Press-Enterprise
Southern California homebuying in August shifted down from July, but remained strong enough to help the six-county region chalk up the longest stretch of year-over-year home sales gains in three years. Data from a new CoreLogic report says 21,352 new and existing homes and condos were sold in Southern California in August, down 12 percent from July sales but up 8 percent from 19,765 sales recorded in August 2014. Comment?
Aug 14, 2015 | 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?
Aug 11, 2015 | 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?
Sunday | via Housing Wire
A California cooling effect could put a freeze on nationwide appreciation and a sustained housing recovery, according to the latest report from Clear Capital. Since 2012, the churn of California price appreciation has buoyed the West, and helped support nationwide appreciation. Comment?
Sunday Oct 4 | via The Fresno Bee
Keith Swinger and Latishia Sharer , a Fresno Wells Fargo home mortgage team, earned the top 10 percent award in the nation for July 2015. In data just released by the Centers for Medicare and Medicaid Services, HealthCare California achieved an Acute Care Hospitalization rate of 9.5 percent for July compared to a state rate of 19.5 percent and a national rate of 24.4 percent. Comment?
Friday Oct 2 | via Dr. Housing Bubble Blog
The Case Shiller Index is one of the better long-term measures of housing price changes. It looks at repeat home sales so you know what you are tracking versus say an area where new home sales are jacking prices up while old crap shack stucco boxes lag the market. Comment?
Friday Oct 2 | via RollingStone
Wells Fargo was forced under the terms of a robo-signing settlement to launch its much-lauded home-buyer assistance program. All over the country, Wells Fargo is making headlines for launching a multimillion-dollar homeowner assistance program called HomeLIFT, which among other things offers $15,000 down payment grants to prospective home-buyers. Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
6 min ago | via Daily Mail
'I'm to blame!' Joe Giudice addresses guilt over wife Teresa's jail time, cheating rumours and the prospect of deportation On Wednesday, the 43-year-old star of the Real Housewives Of New Jersey spoke to Today's Tamron Hall about his wife's incarceration and the possibility he will not only serve time, but also be deported back to his native Italy. Joe's interview comes ahead of a three part special on Bravo about the family's life since Teresa started her 15 month sentence, previews of which have so far been the only insight on how their lives have been since they were both convicted of fraud. Comment?
7 min ago | via Seeking Alpha
The generation suffers from weak levels of home ownership despite many markets where cash costs of ownership are cheaper than renting. The problem with student loan debt is compounded by the way our college system advises students to pursue worthless degrees. Comment?
1 hr ago | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de If you've been following the MBS Commentary, you know what a big deal this afternoon could be . Markets have been preparing for it for weeks and MBS Live members have been on top of those movements every step of the way. Comment?
14 min ago | via This is Local London
16 min ago | via SNL Financial
Mortgage applications jumped 25.5% week over week for the week ended Oct. 2, the Mortgage Bankers Association reported Oct. 7, citing the results of its latest weekly mortgage applications survey. On an unadjusted basis, the market composite index, which measures mortgage loan application volume, increased 26%. Comment?
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