Greenbrae Real Estate News
Saturday Apr 11 | via Marin Independent Journal
Nancy Applegarth and her dog Maverick enjoy her gas fireplace in Marinwood. Air officials want to require property owners to install federally certified wood-burning stoves or fireplace inserts that filter out pollutants upon selling or transferring their properties. Comment?
Friday Apr 3 | via Inman Real Estate News
A Marin County, California, mortgage broker pleaded guilty last month to 14 federal counts related to a $2.4-million scheme to defraud investors. Paul Sloane Davis, 75, who operated financial services company D.M. Financial, diverted investor funds for personal use or to make interest payments to prior investors to keep them from discovering the scheme, according to U.S. Attorney Melinda Haag. Comment?
Mar 19, 2015 | via Courthouse News Service
A federal judge denied a nationwide loan administrator's request to stop two California district attorneys from enforcing fraud laws against it. Loan Payment Administration and its corporate parent Nationwide Biweekly Administration sued district attorneys in Monterey and Marin counties in October 2014 after a Monterey deputy district attorney said their solicitation letters violated state law. Comment?
Mar 18, 2015 | via Marin Independent Journal
Marin home prices dropped just a tad in February, the first decline in two and a half years, though experts shrugged off the reported 1 percent decrease as an anomaly. The median price of a Marin home was $970,000, compared with $977,500 in February 2014, and 134 homes sold in the county compared with 138 in the same month the year before, according to Irvine-based CoreLogic. Comment?
Feb 23, 2015 | via Sonoma Index Tribune
Tina Shone, a broker associate with Sotheby's International Realty-Wine Country brokerage in Sonoma, earned the top spot among all agents in Sonoma Valley for highest dollar volume in sales for 2014. One of her achievements was representing the sellers of a $12 million-plus Kentfield estate, the highest residential sale in Marin County for the year. Comment?
27 min ago | via Seeking Alpha
With almost two years under its belt as a public company, Rexford has performed well and has multiple avenues for growth. As with any analyst that endeavors to find decent value in what could be a "fully valued" sector such as REITs, I have tried to turn over rocks and look behind trees for REITs that might offer some value and aren't widely followed. Comment?
Yesterday | via Mashable
California realtor Lisa Karos talks fast and pretty much non-stop. It serves her well in her chosen profession. Comment?
Saturday Apr 25 | via Inside Bay Area
She wanted her grandson, who lived with her, to inherit her East Oakland home. So Harris, 78, deeded the property to Brian Mack and hired an attorney to set up a trust naming him beneficiary. Comment?
Friday Apr 24 | via Quebec Chronicle-Telegraph
California's housing prices plummeted after the bubble burst in 2008 , but now are approaching levels not seen since the market's height-especially along the Southern California coast and around San Francisco Bay. This has reignited the perennial question: What should policy makers do to promote "affordable" housing? Earlier this month, the state Supreme Court heard arguments in a Northern California case that could have statewide impact, given that it ponders the constitutionality of one way officials promote the construction of lower-cost housing. Comment?
Thursday Apr 23 | via Business Journal
Seven years after the housing bubble popped, there are still homeowners who owe the bank more than their house is worth. But rising prices have put many long-term homeowners in the comfortable ranks of the "equity rich." Comment?
25 min ago | via WFLX-TV West Palm Beach
A Long Island man has been charged with stealing the identity of a former NFL player who has the same name in order to rent a home. Prosecutors said Tuesday that Michael Rumph has pleaded not guilty to identity theft, criminal impersonation and possessing a forged instrument. Comment?
3 hrs ago | via Reuters
Ireland's government will ask the country's banks to cut the cost of variable rate mortgages and expects them to follow such a recommendation, finance minister Michael Noonan said on Tuesday. Lenders are under public and political pressure to cut rates, with the government threatening to hike its annual bank levy if they fail to do so. Comment?
10 min ago | via South China Morning Post
Homebuyers in nation's capital remain cautious despite two major policy moves within past month, leaving second half market outlook uncertain Beijing is expected to lead the recovery as the supply glut there is less severe and demand is stronger, but buyers are still cautious. Photo: AFP In Beijing, worries about the sustainability of a nascent housing recovery linger despite two strong doses of supportive policy in less than a month. Comment?
14 min ago | via Wall Street Journal
Last Thursday, the Department of Justice brought its latest high-profile mortgage-related lawsuit-this time against Quicken Loans Inc., a Detroit-based nonbank that's risen to become one of the largest mortgage originators in the country. Quicken Loans had brought its own lawsuit against the government the week before, alleging that the government had tried to get it to settle and admit to fraud charges it didn't commit. Comment?
15 min ago | via Finance and Commerce
U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses. The Standard & Poor's/Case-Shiller 20-city home price index rose 5 percent in February from 12 months earlier, S&P said Tuesday. Comment?
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