Gilroy Real Estate News
Real Estate news for Gilroy, CA continually updated from thousands of sources.
Thursday Jul 23 | via Planning
July 23 -- SANTA CRUZ -- County planners, acknowledging escalating rents and home prices add up to a housing crisis, fielded questions aplenty Wednesday from planning commissioners Renee Shepherd and Denise Holbert on changes eyed to address the issue. Yet planning commissioners Casey Hemard and Martin Garcia voiced support for changes, saying they expect to deal with the details later. Comment?
Wednesday Jul 22 | via Santa Cruz Sentinel
SANTA CRUZ >> A report due for a public hearing at 9 a.m. Wednesday describes the county's current housing situation as a crisis. The county Planning Commission, meeting in the basement cafeteria room at 1080 Emeline Ave., will take public input and send the report, known as the draft housing element 2016-2023, to the Board of Supervisors on Aug. 4. In her introduction to the 200-page report , county planning chief Kathy Previsich lists four top concerns: the escalating cost of rental housing, the shortage of rental housing, single-family dwellings making up 72 percent of the county's housing stock, and locating new development where it will contribute to the community's environmental and financial sustainability. 3 comments
Monday Jul 20 | via KSBW-TV
While some people are searching online for summer vacation rentals, others are taking advantage of that by advertising fake rentals. Each year, thousands of vacationers fall prey to scams after applying on Craigslist and here on the Central Coast, it's no different. Comment?
Saturday Jul 18 | via KION 46
Tourism is the bread and butter of Santa Cruz County's economy, especially during the summer months. It's the second largest industry, following agriculture. Comment?
Thursday Jul 16 | via Patch.com
APR can be helpful to compare mortgage loan offers. But it is not the only factor to consider when determining which mortgage is optimal. Comment?
Monday | via Los Angeles Times
Welcome to California Inc., the weekly newsletter of the L.A. Times Business section. I'm assistant Business editor Nancy Rivera Brooks filling in for David Lazarus. Comment?
Saturday Jul 25 | via The Alpenhorn News
Local Farmer's Insurance Agent Shelli Wimmer told those attending a recent meeting of Crestline Connect, a networking group of businesses and community leaders, that most California admitted insurance companies working under the rules of the California Insurance Commissioner are not writing any new homeowners policies until the Lake Fire in the San Gorgonio Wilderness Area is declared 100 percent contained. That may be a while; a long while, according to fire officials who say full containment on the devastating wildland fire isn't expected until winter. Comment?
Monday Jul 20 | via Vallejo Times-Herald
Only 23 U.S. cities are worse than Vallejo for first-time home buyers, according to a new WalletHub study. The study found half the 10 worst cities for first-time home buyers - and none of the top 10 best - are in California. Comment?
Thursday Jul 23 | via Natl. Relocation & Real Estate
California pending home sales continued to gain steam in June, registering seven months of continued annual increases and the fifth consecutive month of double-digit increases, according to the CALIFORNIA ASSOCIATION OF REALTORSA . In a separate report, California REALTORSA responding to C.A.R.'s June Market Pulse Survey saw a reduction in floor calls, listing appointments, and open house traffic, compared with May. The Market Pulse Survey is a monthly online survey of more than 300 California REALTORSA , which measures data about their last closed transaction and sentiment about business activity in their market area for the previous month and the last year. Comment?
Thursday Jul 23 | via Dr. Housing Bubble Blog
Los Angeles one of the top area Americans are ditching: Areas losing Americans but gaining people from outside the country. I've talked about the reality that many native Californians have been leaving the state in droves over the past decade. Comment?
8 min ago | via ABC News
Two of the most expensive decisions consumers make - buying a car and buying a house - took the top spots of the most complained-about transactions in an annual consumer survey released today, but thanks to some recent high-tech data heists and stolen tax refunds, identity theft is tipping the scales of the fastest growing issue to worry about. Complaints about purchasing issues and shoddy work on cars and homes helped propel those categories to the top of an annual survey released by the Consumer Federation of America and North American Consumer Protection Investigators of state and local consumer protection officials. Comment?
9 min ago | via The Globe and Mail
The move to lower interest rates comes as Canada's housing market appears to be cooling off outside of Toronto and Vancouver The move to lower interest rates comes as Canada's housing market appears to be cooling off outside of Toronto and Vancouver Trading was halted on Home Capital Group's stock after the company revealed late Wednesday that it cut ties with dozens of mortgage brokers because of an investigation revealed they had falsified documents about borrowers' incomes. The details of the internal investigation, which began last fall, were made public at the request of the Ontario Securities Commission, the company said. Comment?
10 min ago | via National Public Radio
For most of us, debt is a big part of life. According to a new study by Pew Charitable Trusts, 80 percent of Americans have some form of debt - from student loans to credit card balances. Comment?
14 min ago | via WTOP-FM Washington
Mike Holmes, famous for calling out bad plumbing, woodworking and electrical work on the HGTV show "Holmes on Homes," says there are steps homebuyers can take to avoid many of those problems. Holmes has a new show on Fox called "Home Free" It's a competition show on which nine couples are challenged each week to restore a run-down home in Atlanta. Comment?
19 min ago | via Scoop
Wall Street's rally accelerated on better-than-expected earnings and after the US Federal Reserve kept alive expectations it will raise its target interest rate this year as the outlook for the economy brightens. "The labour market continued to improve, with solid job gains and declining unemployment," the Federal Open Market Committee said in a statement at the end of its two-day meeting. Comment?
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