Portola Valley Real Estate News
Real Estate news for Portola Valley, CA continually updated from thousands of sources.
Wednesday Feb 22 | via Natl. Relocation & Real Estate
With the exception of the Midwest, every region saw gains, with total sales reaching 5.69 million-the fastest pace since February 2007. "Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home," says Lawrence Yun, NAR chief economist. Comment?
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?
16 hrs ago | via Reuters
Feb 27 London copper prices inched towards the key level of $6,000 a tonne on Monday, with supply concerns simmering amid production stoppages at the world's two biggest copper mines. * Three-month copper on the London Metal Exchange had risen 0.2 percent to $5,940.50 a tonne by 0203 GMT, building on 1.2-percent gains from the previous session. Comment?
20 hrs ago | via Pasadena Star-News
U.S. Census Bureau stats for 2016 show continued dips nationwide, statewide and in Los Angeles and Orange counties. But surprisingly, there was progress in the Inland Empire. Comment?
Friday Feb 24 | via The Orange County Register
You are on notice that there are inflection points in the housing market that may cause a downturn. Consider the following: 1) The Mortgage Bankers Association recently announced for the fourth quarter of 2016 California's mortgage delinquency rate weighed in at 3.2 percent. Comment?
Thursday Feb 23 | via Vallejo Times-Herald
The Vallejo area is back in the number one spot as the hottest housing market in the United States in February, according to the latest data from realtor.com, released Thursday. In January, the area ranked third, with a median inventory age of 59 days. Comment?
Thursday Feb 23 | via Builder
California's housing market posted strong numbers to start out the years, as existing, single-family home sales totaled 420,100 in January on a seasonally adjusted annualized rate, up 2.1% from December and 4.4% from January 2016. The figures are from the California Association of Realtors, which noted that statewide sales figure represents what would be the total number of homes sold during 2017 if sales maintained the January pace throughout the year. Comment?
2 min ago | via Greenwich Citizen
In this Jan. 18, 2017, file photo, Commerce Secretary nominee Wilbur Ross testifies on Capitol Hill in Washington, at his confirmation hearing before the Senate Commerce Committee. Ross is headed toward confirmation as Commerce Secretary in President Donald Trump's administration. Comment?
5 min ago | via The Hartford Courant
Hundreds of homeowners in 23 towns have filed complaints with the state Department of Consumer Protection alleging their concrete foundations are failing. Hundreds of homeowners in 23 towns have filed complaints with the state Department of Consumer Protection alleging their concrete foundations are failing. Comment?
6 min ago | via Http
Billionaire investor Wilbur Ross is headed toward confirmation as Commerce secretary in President Donald Trump's administration. Comment?
28 min ago | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. Previous literature has shown that a consumer's payment preferences are correlated with his or her demographic profile and finances. Comment?
9 min ago | via Bangor Daily News
The number of foreclosures by banks chartered in Maine dropped again in 2016, marking a return to levels in place before the Great Recession. Maine's Bureau of Financial Institutions reported state-chartered banks initiated 146 foreclosures in 2016, down from 176 the year before and a peak of 375 in 2011. Comment?
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