Covina Real Estate News
Real Estate news for Covina, CA continually updated from thousands of sources.
17 hrs ago | via Norwalk Citizen News
People interact with their family, friends and coworkers on a daily basis, both through online social networks and in real life. The effects of such social interactions on economic and financial decision making, however, are not well-understood. Comment?
Tuesday Jul 26 | via Pasadena Star-News
Increased consumer spending is expected to fuel a 3.4 percent boost in retail sales this year, the National Retail Federation reported Tuesday. That's a more aggressive forecast than the 3.1 percent increase the NRF predicted for the year in February. Comment?
Dec 16, 2015 | via LA Daily News
Home sales across Southern California increased from their year-ago level during November and prices again made modest gains, a market tracker said Wednesday. Sales and prices rose in all six counties, CoreLogic said , but the sales count added up to one of the softest Novembers in 25 years. Comment?
Tuesday Jul 19 | via San Gabriel Valley Tribune
Home sales across Southern California in June flattened out from a year ago as prices kept rising, a market tracker said Tuesday. Sales of new and previously owned houses and condominiums across the six-county region slipped .2 percent last month from 24,377 a year earlier to 24,326, said Irvine-based CoreLogic. Comment?
Tuesday Jul 19 | via The San Diego Union-Tribune
The San Diego County median home price was $495,000 in June, CoreLogic said. Pictured: A home in Carlsbad. Comment?
Tuesday Jul 26 | via New York Sun
The battle over Airbnb is taking center stage at the Democratic National Convention. The fight is emblematic of the dispute between Republicans and Democrats over who should steer the economy: government regulators, on the one hand, or consumers and business innovators on the other. Comment?
Monday Jul 25 | via Inman News
The California Association of Realtors filed a federal lawsuit against Massachusetts-based PDFfiller Inc., alleging the tech firm has copied, published and sold at least 64 of CAR's copyrighted real estate forms "many hundreds of thousands of times, and possibly millions of times" through its website without authorization. Apartment List released its July rent report for Los Angeles, finding rents were flat over June, but L.A. continues to be one of California's most expensive cities for renters. Comment?
Sunday Jul 24 | via The Wave
Jennifer and Bob Hochstadter of Dana Point no longer needed five bedrooms' worth of space, so they sold their Laguna Niguel home and moved into their smaller Dana Point rental, pocketing cash for travel and retirement. Lake Forest agent Jenean Hill has had at least five clients seeking to cash out their California homes over the past several years. Comment?
Wednesday Jul 20 | via The Wave
For more than a generation, opportunistic California politicians have barraged voters with woeful tales about how the most productive, inventive, wealthy and enterprising Californians are leaving this state in droves to avoid high taxes and excessive government regulation. These stories, used successfully by the likes of Pete Wilson and Arnold Schwarzenegger while running for governor, and unsuccessfully by failed candidates from Bill Simon to Meg Whitman and Neel Kashkari, tell of rich Californians seeking greener pastures in more laissez faire states like Texas and Idaho. Comment?
Tuesday Jul 19 | via Inside Bay Area
President Obama and Vice President Joe Biden on Tuesday announced they are backing state Attorney General Kamala Harris, a longtime political ally of the president, in California's historic Democrat-on-Democrat U.S. Senate race. The president praised Harris as a "lifelong courtroom prosecutor" who has fought international gangs, oil companies and the big banks responsible for the mortgage crisis. Comment?
39 min ago | via Daily Political
Shares of Nationstar Mortgage Holdings Inc. saw unusually-high trading volume on Friday . Approximately 772,272 shares were traded during mid-day trading, an increase of 44% from the previous session's volume of 535,816 shares.The stock last traded at $12.57 and had previously closed at $12.44. Comment?
1 hr ago | via Deseret News
Blair Hill of Brighton Homes adjusts the front door of a new home in Farmington on Thursday, Feb. 4, 2016. The Salt Lake Board of Realtors Friday reported a drop in the number of single-family homes sold in Salt Lake County in the second quarter of 2016, while sales of condominiums showed a double-digit percent increase. Comment?
1 hr ago | via South China Morning Post
An unemployed man who helped in cheating Wing Lung Bank of more than HK$6.5 million in mortgages by posing as the son of a property owner 12 years ago was jailed for three years on Friday. Deputy district judge Ko Wai-hung slammed the scheme for delivering a heavy blow to Hong Kong's existing financial system as he noted that Wong Wai-lung's actions have brought serious inconvenience to property owners and losses to the bank. Comment?
1 hr ago | via Fox News
Investing in real estate can be risky and complicated. Rather than invest directly in real estate by buying actual property, some investors instead opt to put money into REITs. Comment?
1 hr ago | via Silicon Alley Insider
The housing market is still hot in many parts of the country, with national home prices hitting record highs, but the percentage of people buying rather than renting their home continues to fall. The homeownership rate in the second quarter of 2016 fell to 62.9 percent, its lowest level since 1965, according to Still, the drop from the same period in 2015 was less than 1 percent, which shows that the rate may finally be stabilizing after declining every year since before the housing bubble burst in 2006. Comment?
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