Pasadena Real Estate News
Real Estate news for Pasadena, CA continually updated from thousands of sources.
Friday | via The Press-Enterprise
Find out why Southern California's two main metropolitan regions Los Angeles/Orange counties and the Inland Empire consistently rank among the U.S. markets that most stretch the household budgets of both homeowners and renters Here's a look at the local house hunter's affordability challenge using one benchmark, an index managed by the National Association of Home Builders. Here's how first-quarter data stacked up vs. 2014 trends: Inland Empire: 43.4 percent of home affordable this year vs. 46.8 percent in 2014. Comment?
May 13, 2013 | via San Gabriel Valley Tribune
Here's a look at the local house hunter's affordability challenge using one benchmark, an index managed by the National Association of Home Builders. Here's how first-quarter data stacked up vs. 2014 trends: Los Angeles County: 15.6 percent of homes sold in 2016 deemed affordable to the median household income vs. 17.7 percent in 2014. Comment?
Yesterday | via Natl. Relocation & Real Estate
This data comes from a new RealtyTracA Q2 2016 Home Affordability Index released this past week. The affordability index was based on the percentage of average wages needed to make monthly house payments on a median-priced home with a 30-year fixed rate and a 3 percent down payment - including property taxes and insurance. Comment?
Thursday Jun 23 | via The Press-Enterprise
Builders and elected officials grappled with the affordability crisis last week in Ontario at a policy conference put on annually by the Building Industry Association's Baldy View Chapter. Urban planner and consultant Wendell Cox, co-author of the Demographia International Housing Affordability Survey, was there to put the problem into numeric terms. Comment?
Thursday Jun 23 | via National Mortgage News
Housing markets were less affordable than their historic norms in 18% of counties across the country, according to the Home Affordability Index for the second quarter from RealtyTrac. That figure is worse than in the first quarter, when only 5% of counties were less affordable than their historically normal levels, but better than a year ago when the figure stood at 20%. Comment?
Monday Jun 20 | via Inside Bay Area
Faced with the exorbitant rising costs of Bay Area living, Priya Govindarajan and Ajay Patel pack up their apartment in San Francisco, Calif., Thursday afternoon, June 9, 2016, preparing for their move to North Carolina. Living in San Jose, Kathleen Eaton seemingly had it all: a well-paying job, a home in a gated community, even the Bay Area's temperate weather. Comment?
Friday | via Dr. Housing Bubble Blog
The mass exodus of middle class households continues from California: One-third of Bay Area residents would like to leave sometime soon. The cost of California housing in the form of mortgages and rents is forcing many families to pack up and leave. Comment?
Thursday Jun 23 | via The Fresno Bee
There are many reasons - economic anxiety, budget surpluses, tax schemes, prison reform, housing prices and politics - few of which have anything to do with homeless people. Homelessness has long been a civic obsession in San Francisco. Comment?
Thursday Jun 23 | via The San Diego Union-Tribune
As California presses forward to reduce pollution and build a clean energy future, one of the most vexing challenges has been upgrading existing buildings so that they use less energy. While buildings in California represent 70 percent of our electricity consumption and 55 percent of our natural gas consumption, until recently, few policies have had broad success in motivating private property owners to make energy efficiency improvements to their buildings. Comment?
Thursday Jun 23 | via Breitbart.com
Crippling home prices, traffic congestion, high taxes and the rising cost of living have all contributed to an increase in "net outward migration" from California, particularly in the Bay Area. "They are tired of the expense of living here," Scott McElfresh, a certified moving consultant, told the San Jose Mercury News . Comment?
3 min ago | via KSDK-TV Saint Louis
It's an exciting time when you set out to buy a new home. Don't assume you know all you need to know about mortgages, though, because here are many mortgage misunderstandings that could cost you a lot. Comment?
29 min ago | via Anchorage Daily News
A Tennessee woman slipped into a coma and died after an ambulance company took so long to assemble a crew that one worker had time for a cigarette break. Paramedics in New York had to covertly swipe medical supplies from a hospital to restock their depleted ambulances after emergency runs. Comment?
43 min ago | via CBC News
B.C. Superintendent of Real Estate Carolyn Rogers is expected to deliver a final report on the real estate industry this week. Jason Proctor is a reporter in British Columbia for CBC News and has covered the B.C. courts and mental health issues in the justice system extensively. Comment?
50 min ago | via Fox News
Although we each take unique paths during our lifetime, most Americans shares a common goal: to cross the retirement "finish line" on their own terms. However, the feasibility of reaching that goal varies wildly from person to person, as we've seen from a number of studies throughout the years. Comment?
56 min ago | via Daily Political
Nisa Investment Advisors L.L.C. acquired a new stake in Capstead Mortgage Co. during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Comment?
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