Rancho Cucamonga Real Estate News
Real Estate news for Rancho Cucamonga, CA continually updated from thousands of sources.
Saturday Jul 25 | via The Alpenhorn News
After a proliferation of vacation rentals negatively impacted neighbors to where they regularly attended its meetings, the Lake Arrowhead Municipal Advisory Council recommended changes to the county's short-term rental ordinance was the topic of discussion at its July 9 meeting. The Alpenhorn News observed as Lake Arrowhead residents Jody and Judy Brumm, Doug Kelley and Paul Birney started attending the Lake Arrowhead Municipal Advisory Council meetings on August 1, 2013, to complain about a neighboring property owner renting out their property as a vacation rental where large numbers of people would show up, create parking and safety issues, loud noise, start fires and threaten physical violence to anyone who complained. Comment?
Tuesday Jul 21 | via Hesperia Star
Keeping our neighborhoods safe has become more difficult than ever, according to Rebecca Otwell, president of the High Desert Association of Realtors and founder of a new Neighborhood Watch program. Otwell said local crime rates have been rising due to prisoners being let out of overcrowded jails, as well as Proposition 47 that allows for certain non-violent felonies to be changed to misdemeanors. Comment?
Saturday Jul 18 | via Victorville Daily Press
The California Association of Realtors said an improving economy and job growth is drawing buyers back to the housing market. According to the association, home buyers have started forming households again, with buyers who previously experienced a foreclosure or short sale jumping back into housing market, according to the organization's "2015 Survey of California Home Buyers." Comment?
Jun 16, 2015 | via Whittier Daily News
Fueled by an increase in home sales, the assessed value of all taxable property in Los Angeles County rose 6.13 percent in 2015 - the largest jump since 2010 - the county assessor reported Thursday. Assessor Jeffrey Prang released the 2015 Assessment Roll, which showed the county's taxable properties were valued at a net total of $1.264 trillion, a $73.1 billion increase from last year. Comment?
Thursday Jul 16 | via Inland Valley Daily Bulletin
The assessed value on all taxable property in San Bernardino County increased by more than 5 percent in 2015, surpassing the previous high in 2008 before the collapse of the real estate market, according to the recently released figures by Assessor Bob Dutton. The county's 820,314 taxable parcels were valued at $186.8 billion, a 5.07 percent increase over 2014. Comment?
22 hrs ago | via NBC Los Angeles
The Los Angeles Department of Consumer Fraud and the Better Business Bureau are warning about a dirty double-trick that's being used to cheat Southern Californians out of serious money. Investigators say the scheme involves predatory short-term loans that are marketed online, offering quick and easy cash regardless of a customer's credit history. Comment?
Yesterday | via The Orlando Sentinel
View of the area surrounding the Westin hotel on Universal Boulevard when it opened in 2008. The surrounding land has been part of many changing plans for developmeent. Comment?
Yesterday | via JD Supra
On July 17, the U.S. District Court for the Central District of California granted summary judgment for Wells Fargo in a Fair Housing Act case brought by the City of Los Angeles. City of Los Angeles v. Comment?
Monday Jul 27 | via Los Angeles Times
Welcome to California Inc., the weekly newsletter of the L.A. Times Business section. I'm assistant Business editor Nancy Rivera Brooks filling in for David Lazarus. Comment?
Saturday Jul 25 | via The Alpenhorn News
Local Farmer's Insurance Agent Shelli Wimmer told those attending a recent meeting of Crestline Connect, a networking group of businesses and community leaders, that most California admitted insurance companies working under the rules of the California Insurance Commissioner are not writing any new homeowners policies until the Lake Fire in the San Gorgonio Wilderness Area is declared 100 percent contained. That may be a while; a long while, according to fire officials who say full containment on the devastating wildland fire isn't expected until winter. Comment?
7 min ago | via World News Report
The 8th China GRI will bring together senior level real estate executives to network and discuss key issues, opportunities and challenges in the Chinese real estate market in informal and interactive discussions. The GRI is a global club of senior real estate investors, developers and lenders. Comment?
8 min ago | via Seeking Alpha
The adjustable rate mortgages seemed like a solid option in the face of increasing spreads, but my views are changing. Anworth Mortgage Asset Corporation is an mREIT with a heavy focus on the ARM . Comment?
35 min ago | via The New Zealand Herald
" As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they reduce costs for consumers and business. Comment?
40 min ago | via Lebanon Democrat
Take President's Barack Obama's claim this week that "the economy, by every metric, is better than when I came into office." Oh. Really? Real median weekly earnings, adjusted for inflation, have declined. Comment?
47 min ago | via Housing Wire
Freddie Mac sold a total of $591 million in deeply delinquent non-performing loans from its mortgage investment portfolio, after announcing the sale back at the beginning of the month. The transaction is expected to settle in September 2015 and the sale is part of Freddie Mac's Standard Pool Offerings. Comment?
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