San Fernando Real Estate News
Real Estate news for San Fernando, CA continually updated from thousands of sources.
23 hrs ago | via Los Angeles Times
Home prices in Los Angeles and Orange counties rose 6.1% in April, according to a closely tracked gauge released Tuesday. The 12-month gain from April 2014 was larger than a 4.2% pop seen nationally, the Standard & Poor's/Case-Shiller index showed. Comment?
Sunday Jun 28 | via San Gabriel Valley Tribune
The Southern California real-estate market is feeling the sting of a changing climate, as a pair of new reports finds renters, would-be homebuyers and black households losing ground in the face of competition from investors and a widening racial wealth gap. In a survey of 80 community-based nonprofits, the California Reinvestment Coalition found that long-term tenants are being displaced by high rents while potential first-time homebuyers are losing out to all-cash offers from investors. Comment?
Sunday Jun 28 | via Dr. Housing Bubble Blog
California home prices plateau and sales fall: Inventory slowly rising in L.A. County and back in a big way for Orange County. At the start of the year, discussing a year-over-year drop in California home prices seemed unrealistic. Comment?
Friday Jun 19 | via The American Prospect
Federal Reserve Chair Janet Yellen speaks during a news conference following a Federal Open Market Committee meeting in Washington, Wednesday, June 17, 2015. coalition of California community groups and a local legal aid agency have come up with a novel way to hold a major L.A. area bank accountable for the devastation it has caused Southern California communities as a result of its risky and predatory practices. Comment?
Wednesday Jun 17 | via LA Daily News
The region's housing market gained some momentum in May, with sales increasing 5 percent from a year ago, a market tracker said Wednesday. It's the fourth consecutive year-over-year sales gain, said Irvine-based CoreLogic. Comment?
Monday | via Almanac
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Saturday Jun 27 | via Holtville Tribune
A federal grand jury in San Francisco returned an indictment against a Northern California real estate investor for his role in bid-rigging and fraud conspiracies at public foreclosure auctions in Northern California, the Department of Justice announced. A two-count indictment has been filed in the U.S. District Court of the Northern District of California in Oakland, charging Ramin Rad "Ray" Yeganeh of San Mateo, California, with participating in conspiracies to rig bids and defraud mortgage holders and others in Alameda County. Comment?
Thursday Jun 25 | via SFGate
In this Sept. 12, 2013 file photo, Consumer Financial Protection Bureau Director Richard Cordray testifies on Capitol Hill in Washington. Comment?
Wednesday Jun 24 | via Housing Wire
A new study from RealtyTrac and Down Payment Resource shows the top 10 and bottom 10 markets in the U.S. in terms of affordability and accessibility for low down payment borrowers. According to RealtyTrac and Down Payment Resource, the study reviewed 370 counties, and ranked each based on how it scored in five metrics: affordability of house payment in April 2015 relative to its historical average; maximum income allowed for homeownership programs relative to median income; maximum home price allowed for down payment help relative to median home prices; average down payment program benefit relative to median home prices; and number of homeownership programs available relative to total housing units. Comment?
Wednesday Jun 24 | via Natl. Relocation & Real Estate
RealtyTracA has released a joint analysis with Down Payment Resource that examined affordability, median income, median home price and homeownership program availability in 370 U.S. counties with a population of at least 100,000 and where sufficient data was available. The report then ranked each county based on its affordability and accessibility for low down payment buyers such as first-time homebuyers and boomerang buyers. Comment?
3 min ago | via Business Journal
The lingering effects of the Great Recession and housing bust have altered homeownership in the nation - a change likely to ripple through the housing market for years to come, according to a recent study conducted by the Joint Center for Housing Studies of Harvard University. Because of a lack of jobs, slow income growth and other financial factors - including the weight of student and other debt, homeownership continues to lose steam, sales of existing homes are lagging and single-family construction is at near historic lows, according to the report called the "State of the Nation's Housing." Comment?
5 min ago | via The Florida Times-Union
Leslie Dougher, the Fleming Island realtor who was ousted as chairman of the Republican Party of Florida early this year, says she will run for a seat on the Florida House. Dougher lost her bid to remain as state party chair despite the backing of Gov. Rick Scott and many of the state's most prominent elected officials. Comment?
9 min ago | via Silver City Sun-News
U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healthy housing market are supporting more hiring. Payroll processor ADP said Wednesday that businesses added 237,000 jobs last month, up from 203,000 in May. That is the most since December, according to the ADP's tally. Comment?
12 min ago | via Madison Park Times
Beginning Aug. 1, new rules could go into effect that impact every person who applies for a mortgage. The Consumer Finance Protection Bureau's new "Know Before You Owe" mortgage forms and rules are intended to eliminate redundant and overlapping information in lender-required disclosures. Comment?
19 min ago | via Newms360.com
Renasant Corp. has officially completed the largest merger in its 111-year history, acquiring Heritage Financial Group Inc .. of Albany, Georgia, the parent of HeritageBank of the South . Comment?
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