Palm Desert Real Estate News
Real Estate news for Palm Desert, CA continually updated from thousands of sources.
Friday Oct 2 | 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?
Wednesday Sep 16 | 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?
Aug 14, 2015 | via The Press-Enterprise
Fannie Mae says consumer sentiment about buying a home fell in July, an unusual twist in a typically upbeat time of year. But data from a real estate industry tracker suggests the home buying spirit hadn't dampened in Inland Southern California. Comment?
Aug 11, 2015 | via Patch.com
Fewer Riverside County households could afford to purchase a median-priced home in the last quarter, dovetailing with an overall drop statewide in housing affordability, a real estate tracking firm reported today. About 40 percent of county residents could qualify to buy a single- family dwelling between April 1 and June 30, compared to 42 percent in the first quarter of this year, according to the California Association of Realtors. Comment?
Jul 17, 2015 | via Vancouver Sun
Several pages in the 2014-15 Treasury Board and Finance annual report serve as a grim reminder to government of investments gone bad and the perils of economic diversification and boom-and-bust cycles. With goals of economic diversification, rural development and preserving the jobs of Alberta workers during a plunge in the boom-and-bust cycle, the government loaned millions to prop up companies in the turbulent 1980s. Comment?
7 hrs ago | via Patch.com
The California median home price is forecast to increase 3.2 percent to $491,300 in 2016, the slowest appreciation rate in five years. California's housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability will persist as well, the California Association of Realtors said Thursday in its 2016 California Housing Market Forecast. Comment?
16 hrs ago | via Housing Wire
California's housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the improvement, according to a report released Thursday by the California Association of Realtors . According to CAR's 2016 California Housing Market Forecast, existing home sales are expected to rise in 2016 by 6.3% over 2015's expected total. Comment?
14 hrs ago | via Bloomberg
International buyers are accounting for the smallest share of California home sales in at least eight years as prices climb and investors from China, the biggest source of foreign purchases, slow buying, according to the state's Realtors group. The share of international buyers fell this year to less than 4 percent, compared with a peak of 8 percent in 2013, the California Association of Realtors said in a report Thursday. Comment?
Yesterday | via Sys-Con Media
The C.A.R. forecast sees an increase in existing home sales of 6.3 percent next year to reach 433,000 units, up from the projected 2015 sales figure of 407,500 homes sold. Sales in 2015 also will be up 6.3 percent from the 383,300 existing, single-family homes sold in 2014. Comment?
Yesterday | via Business Wire
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Security California Bancorp of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Pacific Premier Bancorp, Inc. )--Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Security California Bancorp to Pacific Premier Bancorp, Inc. )--Fitch Ratings has affirmed all classes of Prudential Commercial Mortgage Trust 2003-PWR1 commercial mortgage pass-through certificates. Comment?
4 min ago | via The Oregonian
Foreclosure on the Forest Grove post office building halted Sept. 29 when the owner filed for bankruptcy in an effort to regain control of the building. Comment?
9 hrs ago | via National Mortgage News
Her professional background includes positions with the Mortgage Bankers Association, Central Utah Board of Realtors and Women's Council of Realtors. Fay Servicing has selected Patrick Norton as the new president of its origination division, Fay Mortgage Services, and Greg Reed to replace him as senior vice president of account management. Comment?
13 min ago | via AmericanBankingNews.com
Shares of American Capital Mortgage Investment Crp have been given a consensus recommendation of "Hold" by the eleven analysts that are currently covering the company, AnalystRatings.Net reports . Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Comment?
14 min ago | via MarketWatch
Eric Post is the broker/owner of Better Homes and Gardens Realty Partners , a large brokerage with multiple offices in the Portland metro area. An industry veteran and perennial top producer, Eric is also an accomplished real estate investor and co-owner of several residential investment companies. Comment?
14 min ago | via National Mortgage News
Some investors are on edge about the property's recent financing history, which suggest sharply different appraisal values within weeks of each other. So say analysts at Bank of America Merrill Lynch, who published a report last week questioning the underwriting of a $115 million loan secured by Prudential Plaza in Chicago. Comment?
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