Idyllwild Real Estate News
Real Estate news for Idyllwild, CA continually updated from thousands of sources.
Monday Apr 17 | via The Press-Enterprise
A decline in new listings plus robust home sales dropped the California Association of Realtors unsold inventory index to 3 percent in March. Sales of existing homes in the Inland Empire rose 8.5 percent in the last year, and prices for those homes rose by almost the same percentage, 8.3 percent. Comment?
Feb 26, 2017 | via Pasadena Star-News
U.S. Census Bureau stats for 2016 show continued dips nationwide, statewide and in Los Angeles and Orange counties. But surprisingly, there was progress in the Inland Empire. Comment?
Feb 13, 2017 | via Inland Valley Daily Bulletin
New single-family home construction is far below demand, and while new-home prices in Riverside and San Bernardino counties are lower than other Southern California areas, costs are still difficult for many Inland residents to meet. A recent draft report from California's Department of Housing and Community Development outlined the statewide woes reflected in the Inland area. Comment?
Feb 9, 2017 | via Seeking Alpha
CVB has a remarkable low-cost deposit base and a strong commercial lending franchise in Southern California, not to mention an uncommonly efficient expense structure and a very healthy balance sheet. Management's discipline with respect to underwriting could limit loan growth, but loan growth hasn't been bad recently and the company is focusing on organic growth in the San Diego market. Comment?
Jan 24, 2017 | via The San Diego Union-Tribune
View of the new development by Davidson Communities called The Estates at San Elijo Hills. In December, the median home price was $495,000, real estate tracker CoreLogic reported Tuesday. Comment?
8 hrs ago | via Los Angeles Times
Wells Fargo will hold its annual shareholder meeting Tuesday. Investors will decide whether to hold board members accountable for the bank's bogus-accounts scandal. Comment?
Friday | via Natl. Relocation & Real Estate
You may expect a sizable tax refund this year. That leads to the big question: What should you do with that money? Sure, you could save it. Comment?
Friday | via Noozhawk
Mayor Fred Shaw told luncheon attendees that while many costs of living are rising, the city is "on firm financial footing." Carpinteria State Beach's campground generates more revenue than any other State Parks campground in California, said Danita Rodriguez, the superintendent of State Parks' Channel Coast District. Comment?
Jul 13, 2012 | via Silicon Alley Insider
The Foreclosure Crisis, spawned by the Financial Crisis and the Housing Bust, became a veritable money machine for some folks. And it just keeps on giving. Comment?
Thursday Apr 20 | via Los Angeles Times
The Consumer Financial Protection Bureau sued Ocwen Financial Corp., one of the nation's largest mortgage servicers, on Thursday, alleging the company engaged in "significant and systemic misconduct" that caused borrowers to lose their homes. In addition to the lawsuit filed in U.S. District Court in Florida, more than 20 state regulators took action against the company, limiting its operations in their states. Comment?
16 min ago | via 680News
A sign advertises a new home for sale in Carleton Place, Ont., on March 17, 2015. A 15-per-cent non-resident speculation tax proposed by the Ontario government Thursday forms a key plank in the province's plan to cool the hot housing market in its southern cities. Comment?
16 min ago | via GlobeNewswire
On April 18, 2017, America First Multifamily Investors, L.P. was notified by Bankers Trust Company that the Bank had received the commitment of another lender to participate in the Credit Agreement dated May 14, 2015, as amended, between the Partnership and the Bank. As a result of such participation, in accordance with Section 2.1 of the Credit Agreement, the maximum principal amount of the Line of Credit is now $50 million, representing an increase of $10 million. Comment?
18 min ago | via Reuters
CHICAGO, April 24 Fitch Ratings has placed the ratings of Ocwen Financial Corporation and its wholly-owned, primary operating subsidiary, Ocwen Loan Servicing, LLC on Rating Watch Negative. The entities have a long-term Issuer Default Rating of 'B-'. Comment?
22 min ago | via Bloomberg
China's non-performing loans have stabilized and the pressure from capital outflows has eased as the nation's economic recovery takes hold, said Deputy Central Bank Governor Yi Gang. "NPLs are getting pretty much stabilized after a long time of climbing," Yi said at the International Finance & Infrastructure Forum at Bloomberg's headquarters in New York. Comment?
24 min ago | via West Seattle Blog
After big pushback to proposed regulations last year , the City Council is ready to consider a revised set of rules for people who rent short-term via Airbnb , VRBO , and similar services, as well as potential bed-and-breakfast operators. The legislation would establish a new definition for "short-term rental" as a type of lodging use and establish standards for short-term rentals, including a limit on the number of dwelling units that an individual may operate as a short-term rental. Comment?
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