Lafayette Real Estate News
Real Estate news for Lafayette, CA continually updated from thousands of sources.
Thursday Oct 1 | via Pleasanton Weekly
The East Bay's luxury housing market continued its strong performance in August with sales climbing more than 9% from a year ago. A report by Coldwell Banker Residential Brokerage based on Multiple Listing Service data of all homes sold for more than $1 million last month in Alameda and Contra Costa counties shows that a total of 403 luxury homes changed hands in August compared to 369 high-end sales in August 2014. Comment?
Wednesday Sep 23 | via ClayCord.com
When Claycord real estate trackers keep tabs on the progress of the national rebound, they note the findings of the major data miners and look at charts and graphs- lots of charts and graphs. The graphs that chart residential real estate price history for the last decade or so tend to look very similar. Comment?
Friday Sep 18 | via Inside Bay Area
That move, which the Pittsburg City Council will discuss Monday night, would also mean the bonds would be paid off sooner -- by 2030 instead of 2037. The city -- specifically, the "successor agency" to what until 2012 had been its redevelopment agency -- still owes $243 million in principal payments on those five series of bonds. Comment?
Thursday Sep 17 | via Contra Costa Times
Prices for single family homes in the Bay Area continue to exceed those of a year ago, but a seasonal slowdown has cooled the hot market after the flurry of summer sales. The late summer market just "couldn't maintain the higher pace of June and July when activity rose to nine and 10-year highs," observed Andrew LePage, research analyst for CoreLogic, the real estate information service, which reported that sales dropped by 12.1 percent from July to August across the nine-county region. Comment?
Friday Sep 4 | via The Campbell Reporter
The California Apartment Association on Thursday said it had collected more than 7,000 signatures from Richmond residents opposed to rent control, more than enough to prevent the ordinance from going into law. In July, Richmond became the first California city to pass rent control in more than 30 years. Comment?
Friday | via Dr. Housing Bubble Blog
The Case Shiller Index is one of the better long-term measures of housing price changes. It looks at repeat home sales so you know what you are tracking versus say an area where new home sales are jacking prices up while old crap shack stucco boxes lag the market. Comment?
Friday | via RollingStone
Wells Fargo was forced under the terms of a robo-signing settlement to launch its much-lauded home-buyer assistance program. All over the country, Wells Fargo is making headlines for launching a multimillion-dollar homeowner assistance program called HomeLIFT, which among other things offers $15,000 down payment grants to prospective home-buyers. Comment?
Friday | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
Thursday Oct 1 | via US News & World Report
Quiroz, an agent with Berkshire Hathaway HomeServices California Properties, shared his experience on the popular photo- and video-messaging app Snapchat. That night, he was shown on Snapchat worldwide, when his "snap," taken wearing a Berkshire Hathaway cap, was chosen as part of the daily featured Live Story, a stream of user snaps, in Los Angeles. Comment?
Thursday Oct 1 | via WTHR-TV Indianapolis
Freddie Mac reports on average U.S. mortgage rates on Thursday, Oct. 1. A state water official said Californians have met a mandate to save water for a third consecutive month during the grinding drought. State official say Californians have surpassed a mandate to save water for a third consecutive month, using nearly 27 percent less in August than the same month in 2013. Comment?
2 min ago | via The Capital-Journal
From left, Pete Nelson, Cheryl Clark and Apostle E.T. "Tom" Watson stand in the sanctuary of El Shaddai Ministries Community Church, 920 S.E. Sherman. A mortgage-burning celebration of the $1.6 million building featuring gospel artist Alvin Slaughter will take place at 7 p.m. Friday, Oct. 9. When it came time to deliver the final installment on a loan for his church's $1.6 million worship center a few weeks back, Apostle E.T. "Tom" Watson hand-delivered the check in person. Comment?
3 min ago | via Canadian Business Magazine
Former Federal Reserve Chairman Ben Bernanke says some Wall Street executives should have gone to jail for their roles in the financial crisis that gripped the country in 2008 and triggered the Great Recession. Billions of dollars in fines have been levied against major banks and brokerage firms in the wake of the economic meltdown that was in large part triggered by reckless lending and shady securities dealings that blew up a housing bubble. Comment?
1 hr ago | via Mirror.co.uk
John O'Hare was heartbroken when his wife Elaine died from cancer - but now he faces more stress as Legal & General refuses to hand over the full life insurance payment 'This is my child's future we're talking about': An emotional John opened up about his battle with the insurers Devastated dad John O'Hare first had to overcome the passing of his wife, who died of ovarian cancer aged just 50 - but now he faces another battle. His loving wife Elaine fought the illness for 14 months following her shock diagnosis in 2013, the Daily Record reports. Comment?
21 min ago | via Sky News
The building society sector's key lobbying group has rejected proposals to draw it into the ambit of a new umbrella association for the banking industry in an indication of mutuals' desire to distance themselves from the reputational woes of their rivals. Sky News has learnt that the Building Societies Association wrote last week to Ed Richards, the former head of media regulator OFCOM, to oppose the idea that it could form part of a new representative body for banks. Comment?
41 min ago | via Scoop
Research released by BNZ today reveals New Zealander's expectations are out of step with reality when it comes to paying off home loans. Seventy three per cent of New Zealanders who have a home loan expect to have it paid off by the traditional retirement age of 65. However, the reality is that far fewer will achieve this. Comment?
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