Corralitos Real Estate News
Real Estate news for Corralitos, CA continually updated from thousands of sources.
Monday Nov 17 | via Santa Cruz Sentinel
Median price: $715,000 Unsold Inventory Index: 3.2 months Median price: $468,250 Unsold Inventory Index: 3.2 months In October, the median price - the midpoint of what sold - reached $715,000, according to Gary Gangnes of Real Options Realty, who tracks the numbers. In October, there were 167 sales, compared to 197 in July, but high-end buyers were out in force, with 20 percent of sales over $1 million. Comment?
Thursday Nov 13 | via KION 46
The busy tourist season may be over, but it's still on the minds of homeowners who rent to vacationers in part of Santa Cruz County. That's because more regulations could be coming to vacation rentals in Aptos/Seacliff area. Comment?
Wednesday Nov 12 | via Santa Cruz Sentinel
SANTA CRUZ >> The Santa Cruz County Planning Commission voted 3-1 to recommend the Board of Supervisors to consider changes to the vacation rental rules and for staff to work with the community on potential regulations for the Seacliff and Aptos area. The proposed ordinance changes would require amendments to existing permits for building expansions, signage displaying local contact information and that contact information be sent to the Planning Department. Comment?
Saturday Nov 8 | via Santa Cruz Sentinel
Four years ago we appeared on the front page of this newspaper arguing against a proposed ban on vacation rentals in Santa Cruz County. At the time, officials backed down. Comment?
Friday Oct 31 | via Santa Cruz Sentinel
There are many houses for sale that are in need of significant repairs or remodeling but without a rehabilitation loan, only buyers with all cash can purchase them. There is a mortgage for homes that are for sale that have been red tagged or that have a failing septic system or even for homes that need a new kitchen or bathroom. Comment?
2 hrs ago | via SiliconValley.com
A for sale sign is posted outside a house in Los Angeles, on Monday, Nov. 24, 2014. A new report finds the number of Southern California homes bought for $2 million or more in recent months is the highest on record. Comment?
4 hrs ago | via Business Journal
Even with housing sales slow, Arizona still have some of the highest rates of flipper sales in the U.S. But flippers are finding larger profits in California cities, Seattle and New York, and bigger profits in Mid-Atlantic states and older cities such as Baltimore, Pittsburgh and Richmond, Virginia. Flippers buy a house - usually ones with distressed mortgages or coming out of foreclosure - and then resell it in a year or less for a profit after some upgrades. Comment?
14 hrs ago | via Dr. Housing Bubble Blog
Real Homes of Genius: Bars on the window. Check. Garbage cans in the yard. Check. Comment?
23 hrs ago | via Los Angeles Times
Construction crews work on model homes at the new Park Place housing community in Ontario. In the realm of mortgages backed by Fannie Mae and Freddie Mac, California tends to fall into two categories -- high-cost counties where eligible single-family home loans can't be higher than $625,500 or those with the standard limit of $417,000 limit . Comment?
Yesterday | via Business Wire
Loan limits were increased in Monterey, Napa, San Diego, and Ventura counties: "C.A.R. applauds the FHFA for retaining the existing Fannie Mae and Freddie Mac conforming loan limits, and even raising the limit in some California counties," said 2015 C.A.R. President Chris Kutzkey. "The FHFA recognizes that home prices have risen significantly in California, especially in high-cost coastal areas, where lowering the loan limits would have hurt the housing recovery." Comment?
7 min ago | via WNYC-AM New York
Affordable housing condo buyer Marilyn Phillips says she had to jump many hoops before purchasing her unit in D.C.'s Anacostia neighborhood. The D.C. government and the federal government want to make sure that the subsidies that they're providing are going to people that actually need them. Comment?
5 hrs ago | via MarketWatch
Household debt in the third quarter rose 0.7%, or $78 billion, to $11.7 trillion, the New York Fed said Wednesday, putting debt 7.6% below its peak in the third quarter of 2008. In the third quarter, mortgage debt edged up 0.4% to $8.1 trillion. Comment?
7 min ago | via TheStreet.com
NEW YORK -- If you want to know which way home prices are likely to head in 2015, check out what they're doing this year -- especially in Minneapolis, a Trulia " Nationwide home prices in any one year are typically a pretty good guide of what's going to happen next year, and only Minneapolis did better than the national numbers in [predicting the future]," says economist Jed Kolko of Trulia.com, a property-listing site that analyzed some 34 years of data to see which markets best forecast coming market moves. Trulia looked at what housing prices did nationally and in the 100 largest U.S. metro areas between 1980 and early 2014 to see which markets serve as good bellwethers for where home values are heading. Comment?
9 min ago | via Inside Bay Area
Renting an apartment near a BART station in Berkeley is still relatively affordable by Bay Area standards, according to the fledgling mobile apartment finder Rad-Pad -- that is, if you can find one. The median rent for a one-bedroom apartment within a half-mile of the Berkeley and North Berkeley BART stations is $2,050, according to Rad-Pad, which describes itself as an online real estate marketplace and mobile app that lists rental properties across the country and also allows renters to pay their rent through the platform, according to Kyle Austin, RadPad's publicist. Comment?
13 min ago | via Business Wire
The Rating Outlook is Stable. NMAA's IFS rating and Stable Outlook reflect the association's extremely strong capitalization, high-quality and liquid investment portfolio, and modest profitability. Comment?
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