Hornitos Real Estate News
Real Estate news for Hornitos, CA continually updated from thousands of sources.
4 hrs ago | via The Campbell Reporter
California has an immense shortage of housing, and every day it gets worse because we're not building enough to keep up with even a modest level of population growth. The shortage has driven housing costs through the roof, especially for working-class and poor families, and is atop the list of California's truly important issues with water and transportation. Comment?
4 hrs ago | via Inman
U.S. homebuyers need to make a salary of $52,699.17 to afford a median priced home of $240,700 with a monthly mortgage payment of $1,229.65. The most expensive metros to purchase a home are all in California: San Francisco, San Diego and Los Angeles, respectively. Comment?
6 hrs ago | via National Mortgage News
The California State Assembly approved legislation Monday that would expand the rights of a deceased homeowner's surviving loved ones, including widows, widowers and other heirs. SB 1150, also known as the Survivor Homeowner Bill of Rights, defines a mortgage servicer's responsibility in cases where a borrower dies and the surviving homeowner was not included on the loan. Comment?
Thursday Aug 18 | via North Denver Tribune
The tastiest place in town on August 11 was under the mountainous tent canopy at 32nd and Osceola. The fourth annual Taste of Highlands was brought to the big top by Highland Merchant Association and was presented by Nostalgic Homes, Matthew Hibler of Cherry Creek Mortgage, and in partnership with Westword magazine. Comment?
Thursday Aug 18 | via Press-Telegram
Newly released figures from ApartmentList.com , an online rental marketplace, show that while home prices have recovered and foreclosures rates have fallen since the Great Recession. homeownership rates have eroded. Comment?
2 min ago | via Home Business
Per a new report published by the FINRA Investor Education Foundation, only 37% of participants could pass a five-question test of basic financial literacy by correctly answering four or more questions. These findings demonstrate an urgent need for U.S. consumers to expand their financial literacy, which can help them avoid crippling debt and create greater financial security. Comment?
1 hr ago | via JD Supra
Last month, a bipartisan group of 70 Senators were signatories to a letter sent to Director Cordray urging the CFPB to "carefully tailor its regulations to match the unique nature of community banks and credit unions." In their letter, the Senators referenced Dodd Frank Section 1022 which allows the CFPB to create exemptions from its rules for any class of covered persons, service providers, or consumer financial products or services as the CFPB "determines necessary or appropriate to carry out the purposes and objectives" of the Consumer Financial Protection Act after taking into consideration certain specified factors. Comment?
1 hr ago | via NEWS.com.au
THE Australian market looks set to open higher after US stocks rose modestly as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum. At 0645 AEST on Wednesday, the share price index was up 19 points at 5,534. Comment?
7 min ago | via NBR Newsroom
Stocks on Wall Street rose in a broad but modest rally, pushing the Nasdaq to a record high amid better-than-expected earnings such as for Best Buy and strong new home sales. Fed chairwoman Janet Yellen is scheduled to speak on Friday at the Jackson Hole, Wyoming, conference of central bankers and her comments are eagerly awaited in terms of fresh clues on the timing of a US rate hike. Comment?
9 min ago | via The Daily Republic
Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping support the residential real estate market. New-home sales jumped 12.4 percent last month to a seasonally adjusted rate of 654,000 annual units, the strongest level since October 2007, the Commerce Department said Tuesday. Comment?
Copyright © 2016 Topix LLC