Palm Desert Real Estate News
Real Estate news for Palm Desert, CA continually updated from thousands of sources.
Friday Aug 14 | 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?
Tuesday Aug 11 | 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?
Jul 17, 2015 | via Patch.com
The median price of a home in Riverside County rose by 5.5 percent in June, compared with the same month a year ago, while the number of homes soared by 17.6 percent, a real estate information service announced. According to CoreLogic, the median price of a Riverside County home was $315,000 last month, up from $298,500 in June 2014. Comment?
Jul 16, 2015 | via Patch.com
Foreclosure activity in Riverside County dropped by double digits in the first half of the year, but the county remained among the leading foreclosure markets in the state, according to figures released today by a real estate tracking firm. Between Jan. 1 and June 30, 5,375 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Saturday Aug 29 | via Los Angeles Times
As head of the Los Angeles office of global engineering firm Arup, Jon Phillips has a panoramic view of the economy - through his diverse array of clients. When the real estate market crashed in 2007 and 2008, the firm shifted a significant chunk of business overseas to projects in China and the Middle East. Comment?
Saturday Aug 29 | via West Hawaii Today
A 40-year-old Pahoa man believed to be the sole suspect in the slaying of his mother is a lawyer who was allowed to resign from practice in California with disciplinary action pending and later disbarred in New York. Sean Alan Rutledge, aka Alan Frank, was disbarred by the state Supreme Court in New York on Nov. 26, 2013, based on an order by the Supreme Court of California on July 13, 2011, accepting Rutledge's resignation from the practice of law with charges pending. Comment?
Friday Aug 28 | via Los Angeles Times
Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Prospective home buyer Jennifer Centazzo walks through the dining area of a Westchester home during an open house in December. Comment?
Friday Aug 28 | via WebWire
Foreclosure rates have been steadily decreasing in most parts of the country. According to recent media reports, even with this trend, California still has one of the highest number of completed foreclosure rates in the country. Comment?
Friday Aug 28 | via The Daily Record
Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life. The typical first-timer now rents for six years before buying, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. Comment?
6 min ago | via Martinsburg Journal
Local banks that are members of the Federal Home Loan Bank of Pittsburgh would make home loans to low-income families if they could find low-income families who could afford a home. "That's the challenge - we have a limited area in which to invest - it's hard to find qualified low-income customers in this environment," David Langford, of United Bank, said Monday during a FHLBank Pittsburgh roundtable discussion with U.S. Rep. Alex X. Mooney, R-W.Va, which was hosted by Blue Ridge Community and Technical College. Comment?
13 min ago | via Sarasota Magazine
Legal Aid attorney David Morrill helped Patrick Tevere and his daughter, Caroline, keep their longtime family home. / Photo by Salvatore Brancifort In 2008, the collapse of the housing market threw Patrick Tevere, 54, a single father and Sarasota tile layer, out of work. Comment?
45 min ago | via The Verona-Cedar Grove Times
A downtown Englewood shopping center owned by a spinoff of real estate giant Vornado is in default of a 9-year-old mortgage, according to a lawsuit filed by the mortgage holder that is seeking $13.2 million in principal and interest. The foreclosure demand, filed last Tuesday in U.S. District Court in Newark, claims that the borrower, listed in court papers as UE Shoppes on Dean LLC, defaulted on the loan in April and since then has not made the required monthly payments to the loan holder, U.S. Bank National Association of Cincinnati. Comment?
54 min ago | via The Independent
Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies Today's manufacturing data from China is likely to dictate the direction of stock markets worldwide, with mining stocks most at risk due to their reliance on China, the world's largest importer of industrial metals. Comment?
59 min ago | via Indybay.org
In a world of dirty dogs, greedy landlords and conniving realtors, this latest attack on renters rights goes beyond the pale and should be investigated to determine if Mayor Tom Butt is involved in the plot against Richmond's working class renters! Richmond's renters protections take a sinister turn By Lynda Carson - August 31, 2015 Richmond - Richmond's renters protections have taken a sinister turn lately. The mastermind, plotters and financial backers of a petition to repeal renters protections in Richmond are hiding in secrecy, and their conspiracy remains shrouded in mystery. Comment?
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