Novato Real Estate News
Real Estate news for Novato, CA continually updated from thousands of sources.
Yesterday | via National Mortgage News
The median price for a detached home in Marin County, Calif., last month was $1.065 million, up from last year but down from the $1.2 million record set in May and June, a real estate analysis firm reported last week. The July median - the point at which half the sales were more expensive and half were less - rose 8.6% over July 2015, according to Irvine-based CoreLogic. Comment?
Wednesday Aug 10 | via Marin Independent Journal
San Rafael officials are taking a hard look at the city's resale inspection program, which has drawn criticism for its uneven performance and that it takes too much time to complete. The program wound up in the political target when Assemblyman Marc Levine, a former San Rafael councilman, asked the state auditor to review its performance. Comment?
Tuesday Aug 2 | via Marin Independent Journal
Real estate professionals shared their thoughts with city leaders this week on how to fix San Rafael's controversial residential resale inspection program. Changing to a report-only system, with no onsite home inspections by the city, seemed to be favored by the majority, based on comments made at Monday's meeting and in letters sent to the City Council. Comment?
Saturday Jul 30 | via Marin Independent Journal
San Rafael city leaders and the public will have a chance to mull alternatives to the city's controversial residential resale inspection program Monday, though no decisions will be made. The City Council will discuss five possible options for changing the program, which drew fire from San Rafael Assemblyman Marc Levine after his house failed inspection. Comment?
Jul 14, 2016 | via Point Reyes Light
In the face of strong concerns from activists, neighbors and Fish and Wildlife officials, the Marin County Planning Commission on Monday unanimously upheld plans for a new three-story home on a lot prone to landslides above Woodacre Creek. The approval followed hints of a lawsuit from the Salmon Protection and Watershed Network, which said the county should complete a court-ordered cumulative environmental impact study on development in the San Geronimo Valley before green-lighting the home; the group also called for more analysis on the project's chances of exacerbating erosion. Comment?
Yesterday | via The Campbell Reporter
California has an immense shortage of housing, and every day it gets worse because we're not building enough to keep up with even a modest level of population growth. The shortage has driven housing costs through the roof, especially for working-class and poor families, and is atop the list of California's truly important issues with water and transportation. Comment?
Yesterday | via Inman
U.S. homebuyers need to make a salary of $52,699.17 to afford a median priced home of $240,700 with a monthly mortgage payment of $1,229.65. The most expensive metros to purchase a home are all in California: San Francisco, San Diego and Los Angeles, respectively. Comment?
Yesterday | via National Mortgage News
The California State Assembly approved legislation Monday that would expand the rights of a deceased homeowner's surviving loved ones, including widows, widowers and other heirs. SB 1150, also known as the Survivor Homeowner Bill of Rights, defines a mortgage servicer's responsibility in cases where a borrower dies and the surviving homeowner was not included on the loan. Comment?
Thursday Aug 18 | via North Denver Tribune
The tastiest place in town on August 11 was under the mountainous tent canopy at 32nd and Osceola. The fourth annual Taste of Highlands was brought to the big top by Highland Merchant Association and was presented by Nostalgic Homes, Matthew Hibler of Cherry Creek Mortgage, and in partnership with Westword magazine. Comment?
Thursday Aug 18 | via Press-Telegram
Newly released figures from ApartmentList.com , an online rental marketplace, show that while home prices have recovered and foreclosures rates have fallen since the Great Recession. homeownership rates have eroded. Comment?
6 min ago | via Scoop
Wall Street moved lower ahead of Friday's speech by Federal Reserve Chair Janet Yellen who might offer clues on the timing for an interest rate hike by the central bank-which some Fed officials have recently suggested could be as early as next month. "The rhetoric we've gotten from the Fed over the past week from numerous Fed officials ... has reminded the market that the Fed can raise rates at any meeting," Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York. Comment?
Nov 21, 2013 | via Valley Morning Star
Yes, the federal government owes trillions of dollars more than it did a few years ago. Comment?
8 min ago | via 900 CHML AM
The numbers for August home sales in Metro Vancouver won't come out for another two weeks, but realtors in the market admit this month has been a little slower than usual. Aaron Jasper works primarily in Vancouver and has seen some deals at lower prices for detached homes, condos, and townhouses, and even with subject clauses. Comment?
18 min ago | via National Mortgage News
The Federal Housing Finance Agency is seeking to make it easier for Federal Home Loan Banks to accept certain kinds of collateral for advances. Since 2000, some Home Loan banks have accepted "other real estate-related collateral" including commercial real estate loans, commercial mortgage-backed securities and home equity lines of credit. Comment?
19 min ago | via TMZ.com
The faces of the 13 men vying for the attention of TV's first gay bachelor have been revealed ... and there's a LOT of scruff on those faces. TMZ obtained the pic of the guys Robert Sepulveda Jr. will have to choose from ... and they have very varied backgrounds. Comment?
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