Palm Springs Real Estate News
Real Estate news for Palm Springs, CA continually updated from thousands of sources.
Wednesday Jun 24 | via Housing Wire
A new study from RealtyTrac and Down Payment Resource shows the top 10 and bottom 10 markets in the U.S. in terms of affordability and accessibility for low down payment borrowers. According to RealtyTrac and Down Payment Resource, the study reviewed 370 counties, and ranked each based on how it scored in five metrics: affordability of house payment in April 2015 relative to its historical average; maximum income allowed for homeownership programs relative to median income; maximum home price allowed for down payment help relative to median home prices; average down payment program benefit relative to median home prices; and number of homeownership programs available relative to total housing units. Comment?
Thursday Jun 18 | via KESQ-TV Palm Desert
"Palm Springs has always been a destination for the gay community nationally and internationally," said Miceli. "When we bought this house it was a foreclosure property. Comment?
Wednesday Jun 17 | via Business Wire
A detailed list of rating ... Research and Markets: Global Proximity Sensors Market Expected to Increase to $4.42 Billion by 2018 at a CAGR of 7.55% Over the Period 2014-2020, New Report Says )--Research and Markets has announced the addition of the "Global Proximity Sensors Market - Growth, Trend... )--New website finds Inland Bank ranked in the bottom 10% of peer banks according to key performance indicators, details serious financial misreporting and government interve... )--Research and Markets has announced the addition of the "Postherpetic Neuralgia - Pipeline Review, H1 2015" ... )--Fitch Ratings has published a report on Lake Hospital System, OH. The report is available at 'www.fitchratings.com'. Comment?
Wednesday Jun 17 | via The Orange County Register
Workers raising frames on new homes in Brea in this file photo. High prices may help explain why sales of new homes in Orange County declined in May even as sales of resale homes and condos rose. Comment?
May 5, 2015 | via Seeking Alpha
First Mountain Bank's deposit base became stronger than last year when the bank was offered $9.00 per share. We think the potential merger between First Mountain Bank and Premier Business Bank is likely to happen because the deal will provide significant benefits to both banks. Comment?
Sunday Jun 28 | via San Gabriel Valley Tribune
The Southern California real-estate market is feeling the sting of a changing climate, as a pair of new reports finds renters, would-be homebuyers and black households losing ground in the face of competition from investors and a widening racial wealth gap. In a survey of 80 community-based nonprofits, the California Reinvestment Coalition found that long-term tenants are being displaced by high rents while potential first-time homebuyers are losing out to all-cash offers from investors. Comment?
Monday | via Almanac
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Sunday Jun 28 | via Dr. Housing Bubble Blog
California home prices plateau and sales fall: Inventory slowly rising in L.A. County and back in a big way for Orange County. At the start of the year, discussing a year-over-year drop in California home prices seemed unrealistic. Comment?
Saturday Jun 27 | via Holtville Tribune
A federal grand jury in San Francisco returned an indictment against a Northern California real estate investor for his role in bid-rigging and fraud conspiracies at public foreclosure auctions in Northern California, the Department of Justice announced. A two-count indictment has been filed in the U.S. District Court of the Northern District of California in Oakland, charging Ramin Rad "Ray" Yeganeh of San Mateo, California, with participating in conspiracies to rig bids and defraud mortgage holders and others in Alameda County. Comment?
Thursday Jun 25 | via SFGate
In this Sept. 12, 2013 file photo, Consumer Financial Protection Bureau Director Richard Cordray testifies on Capitol Hill in Washington. Comment?
1 hr ago | via The Age
On June 5, Steve Glue of the Department of Child Protection and Family Support announced the department would cease funding financial counsellors in the metropolitan region from 1 October this year. It would continue funding regional areas, and the Helpline service for a further 12 months. Comment?
12 min ago | via ReporterHerald.com
What a caring community we are in Loveland. You hear of events and activities throughout the year to support scholarships, to support social services, to support education, to support the arts. Comment?
23 min ago | via ABC News
For one day of the year in the Northern Territory, the only jurisdiction in Australia that allows firecrackers to be sold to the general public, fireworks warehouses have opened their doors and begun selling thousands of dollars worth of crackers. At one shop on Cavenagh Street in the centre of Darwin, next door to a mortgage broker, packs of fireworks with names like Alice Arsenal, Ball Breaker, Fusion Mass Detonation and Fusion Peace Keepers were on display at the front counter. Comment?
30 min ago | via Times Herald-Record
The Hudson Valley Resort and Spa will go on the market but remain open, with its 160 employees keeping their jobs - for now. Joseph Wolfer said Tuesday that resort owner Eliot Spitzer has been unable to meet the demands to keep the keys to the 550-acre resort. Comment?
55 min ago | via Reuters
SINGAPORE, July 1 Singapore's Urban Redevelopment Authority released its flash estimates for the change in private home prices in the second quarter of 2015: Quarter-on-quarter, percentage price change: Quarter Q2/2015 Q1/2015 Singapore -0.9 -1.0 private home prices CONTEXT: The URA released its flash estimate of private residential property price index for the first quarter of 2015 using improved methodology, including changes such as the adoption of a new base period of first quarter 2009. The figures for past quarters reflect revised figures using the new methodology. Comment?
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