Menlo Park Real Estate News
Real Estate news for Menlo Park, CA continually updated from thousands of sources.
Thursday | via US News & World Report
A good credit score goes a long way to a brighter financial future, but there's still a lack of understanding about what goes into this figure. In a Capital One Credit Confidence Study from January, 53 percent of 2,300 survey respondents say they are very confident when it comes to understanding credit, and the majority say they know they will be able to improve their credit. Comment?
Monday Feb 20 | via Natl. Relocation & Real Estate
Housing affordability shrunk to its lowest level since the third quarter of 2008 at the end of 2016, according to the National Association of Home Builders /Wells Fargo Housing Opportunity Index , compounded by construction labor and lot shortages that stifled the introduction of new inventory to the market. Roughly 60 percent of existing and new homes sold in the fourth quarter of 2016 were affordable to households earning $65,700, the national median income-a one point decline from the third quarter. Comment?
Thursday Feb 16 | via Palo Alto Weekly
Wooden windows line a flat-faced home on Coleridge Avenue in Old Palo Alto on July 31, 2013. Photo by Christophe Haubursin. Comment?
Thursday Feb 16 | via MarketWatch
Online lender Social Finance Inc. is nearing a deal to raise $500 million in fresh funds from an investor group led by private-equity firm Silver Lake, according to people familiar with the matter. The new equity investment, which values SoFi at more than $4 billion, would give the San Francisco-based company a fresh round of cash as it works to shake off a tough 2016 for the online lending industry it helped pioneer. Comment?
Saturday Feb 11 | via Inman News
While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy deals that didn't make it into print for your perusal. Comment?
21 hrs ago | via The Orange County Register
You are on notice that there are inflection points in the housing market that may cause a downturn. Consider the following: 1) The Mortgage Bankers Association recently announced for the fourth quarter of 2016 California's mortgage delinquency rate weighed in at 3.2 percent. Comment?
Yesterday | via Vallejo Times-Herald
The Vallejo area is back in the number one spot as the hottest housing market in the United States in February, according to the latest data from realtor.com, released Thursday. In January, the area ranked third, with a median inventory age of 59 days. Comment?
Thursday | via Builder
California's housing market posted strong numbers to start out the years, as existing, single-family home sales totaled 420,100 in January on a seasonally adjusted annualized rate, up 2.1% from December and 4.4% from January 2016. The figures are from the California Association of Realtors, which noted that statewide sales figure represents what would be the total number of homes sold during 2017 if sales maintained the January pace throughout the year. Comment?
Tuesday Feb 21 | via New University
Every family has its ups and downs. Living in a typical suburban neighborhood of Santa Clarita, California, the Hammonds of the Netflix original "Santa Clarita Diet" are the definition of the American nuclear family. Comment?
Sunday Feb 19 | via The Real Deal
The affordable-housing crunch worsened last year. In the final quarter of last year, Americans spent the highest share of their incomes on mortgage payments since 2010, according Zillow. Comment?
29 min ago | via Silicon Alley Insider
On Saturday morning, President Donald Trump took to Twitter to point out a fact he thought the media was underreporting: the decrease in the national debt in his first month. The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo[nth]," tweeted Trump. Comment?
41 min ago | via The Motley Fool
No doubt there are a number of pitfalls to be aware of when getting a mortgage. From teaser rates that don't represent your true costs to complex fee structures, it's clear that homeowners need to have the right information in hand to secure mortgage savings . Comment?
49 min ago | via WSJM-AM Saint Joseph
The real estate market in southwest Michigan is showing no signs of slowing down. Phil Amodeo, executive with the Southwest Michigan Association of Realtors, tells WSJM News the number of homes sold in January was up 9% over January the year before. Comment?
53 min ago | via NJ.com
In the coming-of-age movie "Garden State," Zach Braff's character Andrew Largeman bemoans the disorienting feeling of lacking a home: "You'll see one day when you move out...You feel like you can never get it back. It's like you feel homesick for a place that doesn't even exist. Comment?
1 hr ago | via Post-Bulletin
Our first assignment in England was in Sheffield, in the north. Our surrogate home there was a beautifully restored vicarage built in the early 1800s with a backyard full of really old gravestones. Comment?
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