Palm Springs Real Estate News
Real Estate news for Palm Springs, 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 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?
Yesterday | via Housing Wire
A California cooling effect could put a freeze on nationwide appreciation and a sustained housing recovery, according to the latest report from Clear Capital. Since 2012, the churn of California price appreciation has buoyed the West, and helped support nationwide appreciation. Comment?
Sunday | via The Fresno Bee
Keith Swinger and Latishia Sharer , a Fresno Wells Fargo home mortgage team, earned the top 10 percent award in the nation for July 2015. In data just released by the Centers for Medicare and Medicaid Services, HealthCare California achieved an Acute Care Hospitalization rate of 9.5 percent for July compared to a state rate of 19.5 percent and a national rate of 24.4 percent. Comment?
Friday Oct 2 | via Dr. Housing Bubble Blog
The Case Shiller Index is one of the better long-term measures of housing price changes. It looks at repeat home sales so you know what you are tracking versus say an area where new home sales are jacking prices up while old crap shack stucco boxes lag the market. Comment?
Friday Oct 2 | via RollingStone
Wells Fargo was forced under the terms of a robo-signing settlement to launch its much-lauded home-buyer assistance program. All over the country, Wells Fargo is making headlines for launching a multimillion-dollar homeowner assistance program called HomeLIFT, which among other things offers $15,000 down payment grants to prospective home-buyers. Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
7 min ago | via Cape Breton Post
OTTAWA _ Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests. According to the bank, 16 per cent of respondents said they would not be able to afford such an increase, while more than a quarter, or roughly 27 per cent, would need to review their budget. Comment?
14 min ago | via The Miami Herald
A new report by federal investigators says Florida has consistently underperformed other states in using federal mortgage assistance money to help desperate homeowners facing foreclosure. According to the report released this week, the Special Inspector General for the Troubled Asset Relief Program says that of the 18 states participating in the Treasury Department's Hardest Hit Fund, Florida has the lowest rate of approving homeowners for assistance, one of the highest rates of denying assistance and is slow with processing applications. Comment?
31 min ago | via Salisbury Journal
Ex Royal Green Jacket Mike Buss raised A 40,000 for the forces charity through a series of fundraising events between October 2009 and September 2011, including running 100 marathons in 100 days. Colin Meeke, prosecuting, told Swindon Crown Court: "He is subsidising his current account from his charity account and he is not paying over to the charity the monies that he should." Comment?
39 min ago | via The Globe and Mail
According to a BMO survey, 16 per cent of respondents said they would not be able to afford a $500 increase in their monthly mortgage payments, while more than a quarter, or roughly 27 per cent, would need to review their budget. According to a BMO survey, 16 per cent of respondents said they would not be able to afford a $500 increase in their monthly mortgage payments, while more than a quarter, or roughly 27 per cent, would need to review their budget. Comment?
58 min ago | via Inman
Continuing from Part 1, we dive deeper in to the essential tools and strategies that make a top-producing real estate agent. More key tools for your kit include a comprehensive Web strategy, a solid listing presentation, tips for finding a committed mentor and accountability partner, and a committed weekly prospecting schedule. Comment?
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