Menifee Real Estate News
Real Estate news for Menifee, CA continually updated from thousands of sources.
Thursday Nov 12 | via The Orange County Register
A study by the online real estate site Trulia shows Millennials who buy a median-priced home in Orange County would spend over 57 percent of their gross income on the mortgage in the first year, and it would take 17 years for the home to become affordable -- ie, costing 31 percent or less of their income. In the Inland Empire, by contrast, they would spend 36.1 percent of their income in the first year of the purchase and because of expected income gains, the house would meet the affordability criteria after only 3 years. Comment?
Oct 20, 2015 | via Realtor Magazine
Complaints are growing from home owners and those in the real estate industry in California about a government-sponsored program that helps to fund energy-saving home improvements that critics argue is making homes more difficult to sell. More than 50,000 California home owners have enrolled in Property Assessed Clean Energy also known as PACE financing since 2008. Comment?
Oct 19, 2015 | via GreenBuildingAdvisor
Reuters has a story this morning under the headline "Green financing has hobbled home sales in California." I found it at . Comment?
Oct 2, 2015 | via Lake Elsinore Valley News
Annually the numbers are positive. The numbers of listings and closings, as well as selling prices are up in Riverside County. Comment?
Sep 16, 2015 | via The Press-Enterprise
Southern California homebuying in August shifted down from July, but remained strong enough to help the six-county region chalk up the longest stretch of year-over-year home sales gains in three years. Data from a new CoreLogic report says 21,352 new and existing homes and condos were sold in Southern California in August, down 12 percent from July sales but up 8 percent from 19,765 sales recorded in August 2014. Comment?
8 hrs ago | via The Campbell Reporter
California's housing market saw a softening of home sales and prices in October but is still on target to meet forecast projections, according to the California Association of Realtors. Although home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher on a year-to-year basis for the ninth straight month, closed escrow sales of existing, single-family detached homes in California totaled 403,510 units in October. Comment?
Tuesday | via WTHR-TV Indianapolis
Government estimates show U.S. traffic deaths rose 8 percent for the first six months of this year, following a slight decrease in 2014. Government estimates show U.S. traffic deaths rose 8 percent for the first six months of this year, following a slight decrease in 2014. Comment?
Saturday Nov 21 | via Recordpub.com
Ohio Attorney General Mike DeWine today announced a lawsuit against a California company accused of failing to deliver promised mortgage loan modification services to Ohio consumers. Comment?
Thursday Nov 19 | via Go Local
Morningstar conducted their annual ranking of the states' different 529 college savings options. The criteria include five P's Performance, Price, Parent, Process, and People. Comment?
Wednesday Nov 18 | via Monterey County Herald
Eric Tarallo, superentendent of the Spreckels Union School District, and other school officials listen as Dr. Jamie Valenzuela-Mumau, MCOE assistant superintendent of Educational Services, gives a presentation on the new California Assessment of Student Performance and Progress system during a Monterey County Education Leadership Summit on Wednesday in Pebble Beach. PEBBLE BEACH >> It may not please real estate agents, but California top education officials are reluctant to establish a new school accountability system that relies on just one measure. Comment?
13 min ago | via AmericanBankingNews.com
's stock had its "buy" rating restated by equities researchers at Investec in a note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 470 price objective on the stock. Comment?
34 min ago | via Korea Herald
The alarmingly fast pace of the growth of household debt should alert government policymakers as it is emerging as a major macroeconomic risk factor in the Korean economy. Central bank figures show that household credit surged to a record-high 1,166.4 trillion won in the third quarter. Comment?
55 min ago | via Huntington News
Ohio Attorney General Mike DeWine announced a lawsuit against a California company accused of failing to deliver promised mortgage loan modification services to Ohio consumers. The lawsuit accuses Legal Aid Services Inc., last operating in California, of violating Ohio's Consumer Sales Practices Act and Debt Adjuster's Act. Comment?
57 min ago | via Iol.co.za
South African regulators are considering allowing banks to issue covered bonds within two to three years, according to minutes of a meeting published on the South African Reserve Bank's website. The introduction of the securities - previously banned by the central bank because of concerns they may undermine the interests of depositors - were discussed at a meeting of Financial Markets Liaison Group, which includes representatives of the central bank, the National Treasury and commercial lenders, according to the document. Comment?
1 hr ago | via The Daily Republic
Average long-term U.S. mortgage rates slipped this week after they climbed recently on expectations that the Federal Reserve may soon raise its key short-term interest rate. Mortgage buyer Freddie Mac said Wednesday the average rate on a 30-year fixed-rate mortgage slipped to 3.95 percent from 3.97 percent a week earlier. Comment?
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