Loma Rica Real Estate News
Real Estate news for Loma Rica, CA continually updated from thousands of sources.
6 hrs ago | via GlobeSt.com
Wallick & Volk Mortgage, the oldest privately held mortgage company in the United States, is pleased to announce the official opening of its newest branch in Irvine, California, March 27, 2017. Senior Vice President Bill Lawton leads the Irvine office and Wallick & Volk's California team. Comment?
11 hrs ago | via San Mateo Daily Journal
Some like to claim that Proposition 13 has decimated local government revenue and made California a low property tax state, but this is hardly the case. While Proposition 13 has succeeded in preventing property tax hikes as large as many big-government proponents might wish , local governments are far from starved for revenue. Comment?
Friday Mar 24 | via The Fresno Bee
Home builders, housing advocates and Fresno leaders say a new law making its way through the California Legislature could raise home prices, widening the gap of housing affordability for central San Joaquin Valley families. Assembly Bill 199 , authored by Assemblyman Kansen Chu, D-San Jose, and the California Building and Construction Trades Council , a labor group, would require workers to be paid the prevailing wage rate on new, privately constructed homes built with any sort of public money or government agreement. Comment?
Wednesday Mar 22 | via The Wave
Attom reported 11,148 homes were flipped last year in the four-county region, down 3 percent vs 2015. Flips were 6.8 percent of all sales in the region. Comment?
Tuesday Mar 21 | via Los Angeles Times
Southern California home prices jumped in February, posting the largest increase in more than a year, as buyers rushed to outbid one another for a meager selection of homes for sale. The six-county region's median price for new and resale homes hit $460,000 last month, up $5,000 from January, real estate firm CoreLogic said Tuesday. Comment?
3 min ago | via SooToday
"Home Capital requires leadership that can bring to bear a renewed operational discipline, emphasis on risk management and controls, and focus on improving performance," Kevin P.D. Smith, chair of Home Capital's board of directors, said in a statement. The announcement comes as Home Capital finds itself confronting declining stock value and earnings as well as scrutiny from Ontario's securities regulator. Comment?
9 hrs ago | via jdsupra.com
There is considerable confusion amongst mortgage lenders about the PEXA world. In this report we try to simply describe the way forward. Comment?
20 min ago | via Home
A 49-year-old Lowell man, who was already under indictment for allegedly stealing over $165,000 from homeowners facing foreclosure, was indicted on additional counts by a statewide grand jury Monday, as was his real-estate company. Attorney General Maura Healey said in a press release that Taing -- a Cambodian-American who speaks Khmer -- persuaded 11 homeowners of Cambodian descent to send their mortgage payments to his company instead of the holders of their mortgages. Comment?
25 min ago | via The Fresno Bee
The recognition helps the community development organization obtain the resources and coordination it needs to deliver and expand homeownership opportunities in the San Joaquin Valley. Self-Help serves as a "one-stop shop" for homebuyers helping them to navigate mortgage rates, the effect of credit scores on loans, down payments, and more through Gateway: Your Path to Homeownership program. Comment?
26 min ago | via The Age
Local stocks are set to edge higher, despite Wall Street's Dow Jones index falling for an eighth session and iron ore continuing to crumble. In case you missed it, a mystery buyer snapped up a near-10 per cent stake in Myer late yesterday afternoon, triggering a 14 per cent rally in the stock. Comment?
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