Lafayette Real Estate News
Real Estate news for Lafayette, CA continually updated from thousands of sources.
Wednesday Aug 26 | via Pleasanton Weekly
Luxury home sales in the East Bay climbed more than 28% in July from a year ago while the median sale priced edged lower. The report from Coldwell Banker Residential Brokerage was based on figures from Multiple Listing Service data of all homes sold for more than $1 million last month in Alameda and Contra Costa counties. Comment?
Tuesday Aug 25 | via Business Journal
An East Bay developer who was a top executive at Discovery Sales Inc., created by builder Albert Seeno , has pleaded guilty to mortgage fraud in a case prosecutors said eventually cost banks $75 million. Ayman Shahid , 39, of Danville, pleaded guilty in U.S. District Court in Oakland on Monday. Comment?
Thursday Aug 20 | via Business Journal
Slightly lower home prices in the East Bay and Silicon Valley and higher demand for inland counties gave the Bay Area its highest July sales numbers since the downturn. A report by industry tracker CoreLogic counted 6,765 single-family home sales across the nine-county region. Comment?
Wednesday Aug 12 | via New York Business.com
Hedge-fund manager John Paulson, who made billions wagering against subprime mortgages, has started to profit from a U.S. housing bet that took longer to ripen: owning land. After acquiring about 35,000 lots since 2009, Paulson & Co. Comment?
Tuesday Aug 4 | via SiliconValley.com
Diane Nesom rents a tiny cottage -- just 600 square foot and one-bedroom -- at the end of a cul-de-sac in Fremont for $1,400 a month. And while that eats up about 50 percent of her take-home pay, the 35-year-old accountant regards it as "a steal" and can't imagine moving up to a larger rental in the current runaway market. Comment?
Saturday | via Los Angeles Times
As head of the Los Angeles office of global engineering firm Arup, Jon Phillips has a panoramic view of the economy - through his diverse array of clients. When the real estate market crashed in 2007 and 2008, the firm shifted a significant chunk of business overseas to projects in China and the Middle East. Comment?
Saturday | via West Hawaii Today
A 40-year-old Pahoa man believed to be the sole suspect in the slaying of his mother is a lawyer who was allowed to resign from practice in California with disciplinary action pending and later disbarred in New York. Sean Alan Rutledge, aka Alan Frank, was disbarred by the state Supreme Court in New York on Nov. 26, 2013, based on an order by the Supreme Court of California on July 13, 2011, accepting Rutledge's resignation from the practice of law with charges pending. Comment?
Friday | via Los Angeles Times
Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Comment?
Friday Aug 28 | via WebWire
Foreclosure rates have been steadily decreasing in most parts of the country. According to recent media reports, even with this trend, California still has one of the highest number of completed foreclosure rates in the country. Comment?
Friday Aug 28 | via The Daily Record
Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life. The typical first-timer now rents for six years before buying, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. Comment?
5 hrs ago | via Sydney Morning Herald
The pace of growth in housing prices across the mainland state capitals has slowed, according to preliminary figures from CoreLogic RP Data. The analytics firm, which will release the detailed figures on Tuesday, says the numbers so far point to a of 0.5 per cent gain in August, after rises of 2.8 per cent in July and 2.1 per cent in June. Comment?
20 min ago | via WCBM-AM Pikesville
Who are these Obama voters? They can't all have head injuries, have been in a coma for the past 4 years, or own stock in an electric car battery company. Besides having "stupid" stamped on their forehead, here's a handy guide identifying these clueless creatures. Comment?
25 min ago | via The Wichita Eagle
Pastor Gary Carty leads the songs Sunday in the Berean Baptist Church gymnasium after a fire destroyed the church sanctuary. Cory Harbin and Jaidyn Spates sing from a hymnal copy during services Sunday in the Berean Baptist Church gymnasium after a fire destroyed the sanctuary building. Comment?
36 min ago | via Independent.ie
Newly fluctuating currency differences and the threat of bursting property bubbles in a number of heated markets are putting Irish property owners abroad at risk of losing tens of thousands of euro. It means that Irish emigrants who own property are facing a "do or die" decision to save their investments if they bought in regions where prospects are now at risk as the fallout of the China crisis kicks in. Comment?
36 min ago | via The Virginian-Pilot
A 4-acre lot near Interstate 464 that was once the site of the Big Pig supermarket sat undeveloped for years. The asphalt parcel that greeted visitors coming into South Norfolk was described in a 2004 city report as an "image of vacancy and neglect." Comment?
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