Palm Springs Real Estate News
Real Estate news for Palm Springs, CA continually updated from thousands of sources.
Friday Jul 22 | via Los Angeles Times
Much like other parts of the Southland, Riverside County saw its median home price tick up again in May, climbing to $328,000, or nearly 7% over the same month a year ago. That amount won't buy much in L.A., but it does stretch further in cities such as Indio, Murrieta and Winchester. Comment?
Tuesday Jul 19 | via Los Angeles Times
Southern California home prices jumped in June as prospective buyers bid higher, fighting over a meager supply of homes for sale. The six-county region's median price rose 5% from a year earlier to hit $464,000 in June, data firm CoreLogic announced Tuesday. Comment?
Jun 20, 2016 | via JD Supra
If a property owner loses their property through a foreclosure sale initiated by someone who did not validly own the debt, has the property owner automatically suffered enough "prejudice" to pursue a claim for wrongful foreclosure? Or does the property owner also need to show that it would have been able to avoid foreclosure by paying the debt to the true lender? The California Supreme Court's recent Yvanova decision only partially addressed the "prejudice" issue. In Yvanova , the Supreme Court discussed prejudice, but only "in the sense of an injury sufficiently concrete and personal to provide standing," not "as a possible element of the wrongful foreclosure tort." Comment?
May 24, 2016 | via Examiner.com
Wouldn't it be great if you had a special account to save for a home ? If you want to receive future articles, click on SUBSCRIBE. Starting with tax year, 2017, California renters can now add income to a Home Savings Account and withdraw it when they're ready to buy a home. Comment?
May 19, 2016 | via The Press-Enterprise
Top Professional and Community Activities: Marine Corps veteran of Iraq and Afghanistan who is a Marine reservist with the rank of major. Top Professional and Community Activities: Southwest Riverside County Association of REALTORS and North San Diego County Association of REALTORS. Comment?
7 hrs ago | via New York Sun
The battle over Airbnb is taking center stage at the Democratic National Convention. The fight is emblematic of the dispute between Republicans and Democrats over who should steer the economy: government regulators, on the one hand, or consumers and business innovators on the other. Comment?
Monday | via Inman News
The California Association of Realtors filed a federal lawsuit against Massachusetts-based PDFfiller Inc., alleging the tech firm has copied, published and sold at least 64 of CAR's copyrighted real estate forms "many hundreds of thousands of times, and possibly millions of times" through its website without authorization. Apartment List released its July rent report for Los Angeles, finding rents were flat over June, but L.A. continues to be one of California's most expensive cities for renters. Comment?
Sunday Jul 24 | via The Wave
Jennifer and Bob Hochstadter of Dana Point no longer needed five bedrooms' worth of space, so they sold their Laguna Niguel home and moved into their smaller Dana Point rental, pocketing cash for travel and retirement. Lake Forest agent Jenean Hill has had at least five clients seeking to cash out their California homes over the past several years. Comment?
Wednesday Jul 20 | via The Wave
For more than a generation, opportunistic California politicians have barraged voters with woeful tales about how the most productive, inventive, wealthy and enterprising Californians are leaving this state in droves to avoid high taxes and excessive government regulation. These stories, used successfully by the likes of Pete Wilson and Arnold Schwarzenegger while running for governor, and unsuccessfully by failed candidates from Bill Simon to Meg Whitman and Neel Kashkari, tell of rich Californians seeking greener pastures in more laissez faire states like Texas and Idaho. Comment?
Tuesday Jul 19 | via Inside Bay Area
President Obama and Vice President Joe Biden on Tuesday announced they are backing state Attorney General Kamala Harris, a longtime political ally of the president, in California's historic Democrat-on-Democrat U.S. Senate race. The president praised Harris as a "lifelong courtroom prosecutor" who has fought international gangs, oil companies and the big banks responsible for the mortgage crisis. Comment?
8 min ago | via NWAonline
U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses. And Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market. Comment?
11 min ago | via Seattle Post-Intelligencer
This Monday, July 6, 2015, file photo shows a sign for Wall Street carved into the side of a building in New York. Stocks were slightly higher in early trading on Tuesday, July 26, 2016, as investors monitor corporate earnings from the likes of Gilead, McDonald's, Texas Instruments and others. Comment?
15 min ago | via Seeking Alpha
European equity markets are expected to open marginally higher on Wednesday following mixed sessions in the U.S. and Asia overnight, as investors await the latest interest rate decision from the Federal Reserve, as well as a number of economic data and earnings releases. It's been a relatively slow start to the week but things should certainly pick up from here. Comment?
15 min ago | via Seeking Alpha
The following is a summary of today's podcast interview with Rick Sharga, CMO at Ten-X, on the state of the US housing market, which can be listened to on our site here or on iTunes here . The state of the housing market in the United States is perennially of concern to investors, and though the market overall is in recovery, there are several considerations investors need to take into account before committing their capital. Comment?
15 min ago | via ABC News
The community housing sector has called for the New South Wales Government to support a "shared home ownership" scheme, as an unprecedented property boom drives Sydney house prices out of reach. Similar schemes operate successfully in other states like Western Australia. Comment?
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