Glendale Real Estate News
Real Estate news for Glendale, 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?
7 hrs ago | via San Diego Source
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?
Yesterday | 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?
Monday | 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?
12 min ago | via Independent.ie
The Government is seeking a public relations firm to create a national communications strategy to help people in mortgage arrears. But the plans for the 300,000 contract have been dismissed as an example of political "spinning" ahead of the general election. Comment?
17 min ago | via Burlington Times News
Mebane City Council deferred approving a plat for a proposed housing subdivision on Mebane-Rogers Road that received mixed opinions from the planning board, planning department staff, nearby residents, heirs of the property's former owners and real estate agents. After more than an hour and a half of discussion - with debate during the public comments about whether the farmland should be preserved for its historic value - the council's decision to table the agenda item came down to concerns over the developer's plans to use septic systems instead of city sewer. Comment?
24 min ago | via Los Angeles Times
Operation Wild A rhino gets a skin graft and an orangutan has eye surgery in this episode. 8 p.m. KOCE First Peoples Homo sapiens migrate to prehistoric Europe, where they encounter Neanderthals, in this series' final installment. Comment?
28 min ago | via Vallejo Times-Herald
Solano County home prices continued to outpace the rest of the country on a year-over-year basis, according to a leading global property information, analytics and data-enabled services provider's most recent report, released Tuesday. CoreLogic released its May 2015 Home Price Index, which shows that home prices nationwide, including distressed sales, increased 6.3 percent in May compared with May 2014, for the 39th straight month of year-over-year home price increases nationally. Comment?
29 min ago | via Santa Cruz Sentinel
Before the remodel, this three-bedrooom home at 902 Lockewood Lane in Scotts Valley was a rental property. In May, the median price - the midpoint of 183 sales - was $700,000, up from $675,000 a year ago, according to Gary Gangnes of Real Options Realty, who tracks the numbers. Comment?
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