San Mateo Real Estate News
Real Estate news for San Mateo, CA continually updated from thousands of sources.
5 hrs ago | 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?
Friday | via Palo Alto Weekly
Six local Realtor teams and 17 individuals were among the top 250 salespeople in the country in 2015, according to rankings announced by Real Trends, a private communications company, in its annual "The Thousand" list, published in The Wall Street Journal. DeLeon Realty of Palo Alto ranked No. Comment?
Thursday Jul 2 | via Los Angeles Times
Conventional mortgage rates ticked up to new highs for the year, with Freddie Mac saying the 30-year home loan averaged 4.08%, up from 4.02% last week. Above, a potential buyer checks out a home for sale in Pacifica in Northern California. Comment?
Wednesday Jul 1 | via NBC Bay Area
Dean Tomarat is the first homeowner to move into the new Shipyard development, San Francisco's newest neighborhood built on the former Navy shipyard in San Francisco's Bayview-Hunters Point. The din of a jackhammer rattled the half-finished neighborhood - where sleek modern homes stood across the street from the construction skeletons of homes-in-progress. Comment?
Saturday Jun 20 | via Patch.com
Like clock time, home prices march forward. In Silicon Valley, the march is mostly uphill, and some of those hills are quite steep. Comment?
Thursday | via The Item Extra
It's one of the most common lies that home buyers tell mortgage lenders, and it may be on the upswing: In order to get a lower interest rate and down payment, applicants say they plan to occupy the house as a principal residence when in fact they have no such intention. The incidence of occupancy misrepresentation rose 20 percent between 2011 and 2013, according to giant investor Fannie Mae's latest sampling of loans involving known fraud. Comment?
Wednesday Jul 1 | via Dr. Housing Bubble Blog
The rise of inventory in Southern California: Inventory is up 70 percent from 2013 in Orange, Riverside, and San Bernardino counties. Real estate markets are notoriously slow when it comes to shifting momentum. Comment?
Wednesday Jul 1 | via National Mortgage News
After it all but stopped making real estate and development loans following the housing crash, the $5.6 billion-asset bank over the last two years has increased its total real estate loans by more than 61%, to $3 billion as of March 31. It is a figure that is likely to keep rising as California's real estate market heats up and the bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace. "The commercial market is growing very strong here in California, more so than in other states," said Chairman and Chief Executive Daniel Walker. Comment?
Wednesday Jul 1 | via Mortgage News Daily
The Fourth of July is nearly here our very own Census Bureau has dished up some tasty numerical facts. The estimated U.S. population for July Fourth this year is 321 million, whereas in July 1776 the estimated number of people living in the newly independent nation was 2.5 million. 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?
22 min ago | via Norwalk Citizen News
In the past year, have you bought a house, sold a house, gotten married, gotten divorced, had a child, become pregnant, lost your job, or gotten a new one? All of these major life events have one thing in common, according to Paige Hanson, educational programs manager at Lifelock , the identity-theft-protection company: You're sharing more personal information than you normally would. Take buying or selling a house, for instance. Comment?
29 min ago | via Reuters
Dismayed by the millions of unsold homes in China's troubled real estate market, the Chinese government is taking matters into its own hands: by buying some properties and turning them into public housing. Like a white knight riding to the rescue of distressed developers, a handful of local governments are snapping up thousands of empty homes at hefty discounts and re-selling them to the country's poorest households. Comment?
1 hr ago | via Daily Times
NEW YORK: In September 2008, JPMorgan Chase & Co executives sifted through the rubble of Washington Mutual, the failed home loan bank that they had just won in a US government auction. They found something unexpectedly good: about $30 billion of mortgages on apartment buildings, which earned strong returns whether the economy was performing well or not. Comment?
1 hr ago | via WKXW-FM Trenton
About 15,600 rental units in New Jersey sustained severe damage during the hurricane, forcing thousands of renters out of their homes. These newly homeless tenants quickly learned that they were priced out of the majority of available rental homes that survived the storm. Comment?
1 hr ago | via Philly.com
The cover page of the report shows a couple in their late 20s or early 30s seated at a table. A calculator is on the table. Comment?
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