Greenbrae Real Estate News
Real Estate news for Greenbrae, CA continually updated from thousands of sources.
1 hr ago | via National Mortgage News
Homes were less affordable than their historic averages in 24% of U.S. markets as prices rose and wage growth slowed, Attom Data Solutions found in its third-quarter affordability index. Attom reported Thursday that affordability worsened compared with the second quarter and a year ago when the share of markets that were less affordable than normal was 22% and 19%, respectively. Comment?
1 hr ago | via Credit.com
Homes are unaffordable in more American cities than any time since the recession began, and housing costs are rising far faster than incomes, according to a study released Thursday by ATTOM Data Solutions. During the third quarter of 2016, 24% of U.S. counties were less affordable than historic averages, up from 19% one year ago, the firm said; that's the highest rate since the third quarter of 2009. Comment?
Thursday Sep 22 | via National Mortgage News
The median price of a Marin County, Calif., home was almost $1.1 million last month, up 14 percent from the previous August, a real estate information service reported. Condo prices in Marin also jumped 14% year-over-year, according to Irvine-based CoreLogic, with an August median of $592,000. Comment?
Aug 23, 2016 | via National Mortgage News
The median price for a detached home in Marin County, Calif., last month was $1.065 million, up from last year but down from the $1.2 million record set in May and June, a real estate analysis firm reported last week. The July median - the point at which half the sales were more expensive and half were less - rose 8.6% over July 2015, according to Irvine-based CoreLogic. Comment?
Aug 10, 2016 | via Marin Independent Journal
San Rafael officials are taking a hard look at the city's resale inspection program, which has drawn criticism for its uneven performance and that it takes too much time to complete. The program wound up in the political target when Assemblyman Marc Levine, a former San Rafael councilman, asked the state auditor to review its performance. Comment?
2 hrs ago | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. A number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties' mounting concerns about doing business with Europe's largest investment bank. Comment?
Yesterday | via Mother Jones
In late July, the NAACP called for a national moratorium on charter schools, claiming they target low-income and minority communities with practices mirroring the predatory subprime mortgage lending industry. Now a group of more than 160 black civic leaders is asking the civil rights group to reconsider, arguing that charters create opportunities for black families that could allow minority students to excel. Comment?
Yesterday | via The Campbell Reporter
Karen Chapple is photographed on her deck overlooking her accessory dwelling unit at her home in Berkeley, Calif., on Tuesday, July 12, 2016. Chapple is a UC Berkeley professor and affordable housing expert, and had the tiny 400-square-foot "granny" unit built five years ago. Comment?
Saturday Sep 24 | via Laguna Niguel News
Tomorrow is One-Hit Wonder Day, and many radio stations will be playing songs from artists who soared on the charts once but could never repeat. Here are a few with California connections. Comment?
Friday Sep 23 | via National Mortgage News
JPMorgan opted for more geographic diversity in its third securitization this year of prime fixed-rate residential mortgages predominately located in high-priced urban markets. The deal, JPMorgan Mortgage Trust 2016-3, is a $395.4 million notes structure consisting of 553 loans for homes primarily in California and major cities like New York, Boston and Washington. Comment?
6 min ago | via Inman News
Consider your years in the real estate industry. What would you say if you didn't give a damn whether or not you were ever hired again? What truths would you tell?Ann Bailey, founder and CEO of industry consulting firm Pranix, was in that position last week at the Council of Multiple Listing Services conference in Las Vegas.Ann BaileyAfter nearly 45 years in the industry, Bailey will retire at the end of the year -- and she has no intention of sticking around. Comment?
7 min ago | via National Mortgage News
The number of new mortgages issued in 2015 rose 22% - reversing a more than 30% decline in mortgage originations the previous year - even as the number of originating institutions declined and nonbanks accounted for a greater share of new loans, according to housing finance data released Thursday. In its annual issuance of Home Mortgage Disclosure Act data, the Federal Financial Institutions Examination Council said that the total number of new mortgages rose to 7.4 million, up from 6.1 million in 2014. Comment?
1 hr ago | via The Nation
AMID fierce competition in the real-estate industry, one of the factors operators need to take into account and follow at all times is the trend towards urbanisation, which breeds new social-behaviour patterns. Data related to the trend are used to anticipate changes in the industry and how the living patterns will evolve in the future. Comment?
8 min ago | via Reuters
Branch Banking & Trust Company, a unit of BB&T Corp, will pay $83 million to settle charges that it originated and underwrote federally insured mortgages that did not meet federal requirements, the U.S. Justice Department said on Thursday. The department said BB&T, as a "direct endorsement lender" in the Federal Housing Administration's mortgage insurance program, failed to comply with FHA origination, underwriting and quality control requirements. Comment?
8 min ago | via Reuters
RIO DE JANEIRO, Sept 29 Brazilian miner Vale SA said on Thursday it has agreed to new terms with Japan's Mitsui & Co for the sale of a stake in its Moatize coal mine and connected railway in Mozambique. Comment?
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