Palm Springs Real Estate News
Real Estate news for Palm Springs, CA continually updated from thousands of sources.
Thursday Nov 12 | via The Orange County Register
A study by the online real estate site Trulia shows Millennials who buy a median-priced home in Orange County would spend over 57 percent of their gross income on the mortgage in the first year, and it would take 17 years for the home to become affordable -- ie, costing 31 percent or less of their income. In the Inland Empire, by contrast, they would spend 36.1 percent of their income in the first year of the purchase and because of expected income gains, the house would meet the affordability criteria after only 3 years. Comment?
Oct 20, 2015 | via Realtor Magazine
Complaints are growing from home owners and those in the real estate industry in California about a government-sponsored program that helps to fund energy-saving home improvements that critics argue is making homes more difficult to sell. More than 50,000 California home owners have enrolled in Property Assessed Clean Energy also known as PACE financing since 2008. Comment?
Oct 19, 2015 | via GreenBuildingAdvisor
Reuters has a story this morning under the headline "Green financing has hobbled home sales in California." I found it at . Comment?
Oct 2, 2015 | 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?
Sep 16, 2015 | 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?
Thursday Nov 26 | via Inman News
There's a lot to be thankful for in the world, no doubt - and while you're counting your blessings today, perhaps you'll include two organizations that are helping real estate agents promote social good and elevate their communities. Giveback Homes partners with Habitat for Humanity to build homes in Nicaragua, San Francisco, Los Angeles, Orange County , San Diego, Dallas, Phoenix, Las Vegas, Denver and New York. Comment?
Wednesday Nov 25 | via The Campbell Reporter
California's housing market saw a softening of home sales and prices in October but is still on target to meet forecast projections, according to the California Association of Realtors. Although home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher on a year-to-year basis for the ninth straight month, closed escrow sales of existing, single-family detached homes in California totaled 403,510 units in October. Comment?
Tuesday Nov 24 | via WTHR-TV Indianapolis
Government estimates show U.S. traffic deaths rose 8 percent for the first six months of this year, following a slight decrease in 2014. Government estimates show U.S. traffic deaths rose 8 percent for the first six months of this year, following a slight decrease in 2014. Comment?
Saturday Nov 21 | via Recordpub.com
Ohio Attorney General Mike DeWine today announced a lawsuit against a California company accused of failing to deliver promised mortgage loan modification services to Ohio consumers. Comment?
Thursday Nov 19 | via Go Local
Morningstar conducted their annual ranking of the states' different 529 college savings options. The criteria include five P's Performance, Price, Parent, Process, and People. Comment?
13 min ago | via The New Zealand Herald
More than $11 billion is owed to the student loans scheme - and an expert is warning the debt is having huge consequences. Student loan debt grew by more than $3 billion in the past five years to $11,688,600,000 as of June 30, according to Inland Revenue figures released under the Official Information Act. Comment?
28 min ago | via Insurance Journal West
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with the company's planning. AIG is weighing the exit of some books of insurance contracts among other options, which could include the sale of life units, said the people, who asked not to be identified discussing private deliberations. Comment?
54 min ago | via The Real Deal
From the South Florida Market Report: Palm Beach County's residential real estate sector is heating up, thanks in part to banks' willingness to issue loans again after a reduction in the number of distressed properties in the area. The Realtors Association of the Palm Beaches reported that single-family homes were selling faster and at higher prices in this year's second quarter compared with the same period in 2014. Comment?
1 hr ago | via Patch.com
A common meal item or ingredient is likely to blame for outbreak that has hospitalized 16 people in six states, the CDC says. Comment?
1 hr ago | via The Advocate
Advocate file photo by LEE CELANO - Children depart a bus on the first day of school at LJ Alleman Middle School in Lafayette August 12, 2014. Advocate staff file photo by LESLIE WESTBROOK -- Students get off of a Lafayette Parish school bus on Van Buren Drive on Thursday, Nov. 12, 2015, in Lafayette, La. Comment?
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