Covina Real Estate News
Real Estate news for Covina, CA continually updated from thousands of sources.
Wednesday Jul 1 | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. 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?
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?
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?
Sunday Jun 28 | via Dr. Housing Bubble Blog
California home prices plateau and sales fall: Inventory slowly rising in L.A. County and back in a big way for Orange County. At the start of the year, discussing a year-over-year drop in California home prices seemed unrealistic. Comment?
42 min ago | via Star-Progress
In this photo May 28 photo, California Gov. Jerry Brown speaks at a gathering of political, business and community leaders at the annual California Chamber of Commerce Host Breakfast in Sacramento. Several California lawmakers and community assistance groups are calling on Brown to repay more than $331 million in funds intended to help homeowners struggling with foreclosures that the state siphoned off to help deal with its budget crisis. Comment?
44 min ago | via The Daily Republic
Several California lawmakers and community assistance groups are calling on Gov. Jerry Brown to repay more than $331 million in funds intended to help homeowners struggling with foreclosures that the state siphoned off to help deal with its budget crisis. A Sacramento County judge found that the governor and state Legislature unlawfully diverted most of a fund that was part of a $25 billion settlement between five major banks and nearly every state in 2012. Comment?
6 hrs ago | via West north
The same divergence in fortunes appears to be accentuating price differentials between metropolitan sectors . In an economy where the rich are getting richer than everyone else, the rich side of town is also increasing its comparative advantage over everywhere else. Comment?
Thursday Jul 2 | 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 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?
4 min ago | via The Independent
Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies The housebuilder Bovis Homes predicted the Chancellor would continue his support for first-time buyers in Wednesday's Budget as it reported record sales for the first half of the year. Comment?
37 min ago | via Cape Gazette
Nearly every weekend, hundreds of signs go up throughout Sussex, directing traffic to new developments and realtors' open houses. While helpful to people looking for a new home, commercial signs do not belong in public rights of way. Comment?
53 min ago | via Curbed
This place used to be the guesthouse on Walt Disney's old estate near Palm Desert, and he'd come here to kick back with his famous friends , party, and maybe do a little ziplining . The one-bedroom, which sits on three acres of gloriously open desert, came up for sale in April 2014 asking $595,000, but apparently that went very poorly. Comment?
58 min ago | via Switched
For decades the idea of a financial transactions tax , in effect a modest sales tax on stock, bonds, derivatives and other financial assets, has been a fringe idea pursued by a small group of progressive politicians. While the concept had drawn the interest of many of the world's most prominent economists, including former Treasury Secretary Larry Summers, and Nobel laureates Joe Stiglitz, James Tobin, and Paul Krugman, few political figures in the United States were willing to go near an FTT. Comment?
1 hr ago | via KMPH-TV Fresno
Some California lawmakers and community assistance organizations are calling on Gov. Jerry Brown to repay more than $331 million that was intended to help homeowners facing foreclosures. A Sacramento County judge ruled that the governor and state Legislature unlawfully diverted most of a fund that was part of a settlement between states and major banks after the mortgage crisis. Comment?
Copyright © 2015 Topix LLC