Palo Alto Real Estate News
Real Estate news for Palo Alto, CA continually updated from thousands of sources.
Thursday Feb 16 | via Palo Alto Weekly
Wooden windows line a flat-faced home on Coleridge Avenue in Old Palo Alto on July 31, 2013. Photo by Christophe Haubursin. Comment?
Thursday Feb 16 | via TheStreet.com
Homebuyers can still snag the lowest rates, especially if they don't plan on staying in their home for more five years and are seeking the 5/1 adjustable rate mortgages . U.S. mortgage rates have risen in the aftermath of the presidential election, as potential homeowners face higher monthly payments amid a stagnant economy with slow wage growth. Comment?
Friday Feb 10 | via TheStreet.com
The economic impact from immigrants is strong, boosting home values in metro areas which have the largest concentration of immigrants, said Redfin CEO Glenn Kelman. The economic impact from immigrants is advantageous, boosting home values in metro areas which have the largest concentration of immigrants, said Redfin CEO Glenn Kelman. Comment?
Thursday Feb 9 | via Phillymag.com
In some United States metropolitan areas, the demand for jobs and amenities within a given city is causing the value of homes to far surpass homebuyers' incomes. The result? Inequality, as some housing markets become completely unavailable to lower income families. Comment?
Wednesday Feb 8 | via Santa Cruz Sentinel
Wednesday, a woman wrote of the horrible things the GOP may do to the ACA. She was so upset that 30 million now insured might lose it. Comment?
5 hrs ago | via The Real Deal
The affordable-housing crunch worsened last year. In the final quarter of last year, Americans spent the highest share of their incomes on mortgage payments since 2010, according Zillow. Comment?
Yesterday | via San Mateo Daily Journal
A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian borrowers seeking to modify their loans and violated other laws. Florida-based Ocwen Loan Servicing agreed to pay $20 million to reimburse borrowers and make $198 million in loan modifications over three years that will lower costs for thousands of California borrowers. Comment?
Yesterday | via Los Angeles Times
A mortgage services company signed a $225-million settlement with California regulators Friday to settle allegations that it overcharged active-duty military members, was late in providing key information for some civilian borrowers seeking to modify their loans and violated other laws. Florida-based Ocwen Loan Servicing agreed to pay $20 million to reimburse borrowers and make $198 million in loan modifications over three years that will lower costs for thousands of California borrowers. Comment?
Thursday Feb 16 | via Federal Bureau of Investigation
When California homeowners couldn't make their mortgage payments and faced foreclosures during the Great Recession in 2008, some turned to a Long Beach church pastor for help. For almost six years, Karl Robinson offered mortgage rescue services under his name and through companies such as Stay in Your Home Today, 21st Century Development, and Genesis Ventures Corporation. Comment?
Tuesday Feb 14 | via AmericanBankingNews.com
According to Zacks, "Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual customers, through its subsidiaries. Comment?
9 min ago | via Stuff.co.nz
An estimated 450 people packed into the Lake Wanaka Centre on February 14 to learn more about the complex ownership issues and whether the homegrown trails can be protected against future development. Bike Wanaka committee member Simon Telfer at Sticky Forest mountainbike trails with daughters Laila and Rhian , and Bike Wanaka members Bryce Dunlop, Jo Shearer and Phoebe Young. Comment?
19 min ago | via The Gazette
In the late 90s, real estate broker Jeany Rush had a mission, to sell Red Rock Canyon to Donald Trump -- or anyone else with the dough. The Trump Corp actually looked at the $12 million canyon but didn't bite -- a weird look at what could have been in Colorado Springs. Comment?
29 min ago | via USA Today
Trim your tax burden by deducting phone, Internet bills When looking for deductions this tax season, remember your cell phone and Internet service. Check out this story on USATODAY.com: http://usat.ly/2lk76jd Deducting these expenses can help offset income from side gigs, self-employment and other tax scenarios. Comment?
37 min ago | via The New Zealand Herald
Tauranga Budget Advisory Service manager Diane Bruin said the couple may need to go to insolvency but "had they sought help much earlier it could have changed the result". The huge debt was accrued through a mortgage, new vehicle, overseas travel, credit cards and personal debt after acquiring a business. Comment?
37 min ago | via Scoop
Buyer sentiment has improved in the ASB Housing Confidence Survey, but ultimately, New Zealanders still think it's a bad time to buy a house. The January quarter report finds a net 17 per cent of people think it's a bad time to buy a house, up from a net 26 per cent in October. Comment?
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