San Mateo Real Estate News
Real Estate news for San Mateo, CA continually updated from thousands of sources.
Wednesday | via Berkeley Daily Planet
The San Francisco Bay Area's transformation into a sprawling, exclusive and high-income community with less and less room for its low-income residents is just beginning, according to UC Berkeley researchers who literally have it all mapped out. The interactive Urban Displacement Project map , released today by a Berkeley team, indicates the displacement crisis is not yet half over, as rising housing prices and pressure on low-income residents to relocate to the outer suburbs accelerate. Comment?
Monday Aug 24 | via Business Journal
The average home prices in most California counties are out of reach for average home buyers and tight housing inventories have further exacerbated the problem, especially in the Bay Area, according to an analysis by the California Association of Realtors . Only seven of 32 reporting counties in the state had home prices that are affordable to home buyers who earn the areas' median household income, while homes in 25 counties were out of reach for the typical household, the C.A.R. study found. Comment?
Sunday Aug 23 | via Almanac
Rice Trust to D. & L. Walker for $1,825,000 on 07/02/15; previous sale 04/04/2013, $1,550,000 Elssner Trust to PNC Development for $6,750,000 on 07/09/15; previous sale 09/18/1968, $48,000 First Partners Real Estate to H. Kim for $1,125,000 on 07/02/15; previous sale 05/15/2013, $600,000 Y. Hasan to S. Sinha for $1,480,000 on 07/06/15; previous sale 12/01/2006, $921,000 Hilligoss Trust to L. & J. Nienkerk for $2,900,000 on 07/10/15; previous sale 10/07/2004, $1,076,000 R. Hall to J. Smith for $1,990,000 on 07/02/15; previous sale 07/21/2000, $935,000 Fields Trust to J. Owen for $1,520,000 on 07/06/15; previous sale 08/28/1987, $215,000 Oak Ave. Limited to M. Carli for $5,875,000 on 07/10/15; previous sale 04/07/2011, $1,705,000 Selleck Trust to B. Amerige for $1,800,000 on 07/10/15; previous sale 04/08/1992, $720,000 R. Schilling to C. Raffaelli for $2,100,000 on 07/10/15; previous sale ... (more) Comment?
Thursday Aug 20 | via Housing Wire
California single-family home and condominium sales fell 4% to 41,143 in July from 42,872 in June but were up 10.6% from 37,196 in July 2014. Driving the increase in year-over-year sales was the 14.2% increase in non-distressed property sales. Comment?
Thursday Aug 20 | via Business Journal
Slightly lower home prices in the East Bay and Silicon Valley and higher demand for inland counties gave the Bay Area its highest July sales numbers since the downturn. A report by industry tracker CoreLogic counted 6,765 single-family home sales across the nine-county region. Comment?
2 hrs ago | via The Daily Record
Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life. The typical first-timer now rents for six years before buying, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. Comment?
15 hrs ago | via The Fresno Bee
The U.S. Department of Agriculture Rural Development has a mortgage program to help low-income homebuyers in rural California communities purchase a home. The loans, also known as the Section 502 Direct Loan Program , provides buyers with a subsidy to reduce the mortgage payment for a short time. Comment?
Yesterday | via Saratoga News
Property Assessed Clean Energy loans are becoming a popular way of financing energy upgrades. Now the U.S. Department of Housing and Urban Development and the Federal Housing Administration are discussing giving this type of financing "super lien" priority, making these loans senior to FHA's single-family, first mortgage financing. Comment?
Wednesday | via News10.net
Rising real estate prices are leaving more would-be buyers out of luck in California's heated real estate market. California real estate spiraling out of reach of average buyer Rising real estate prices are leaving more would-be buyers out of luck in California's heated real estate market. Comment?
Tuesday Aug 25 | via The Age
At 0630 AEST on Wednesday, the currency was trading at 71.35 US cents, down from 71.82 cents on Tuesday. And the Australian share market looks set to open lower after Wall Street fell for the sixth straight session, with the Dow posting another triple-digit decline after a morning rally fizzled. Comment?
4 min ago | via Vernon Morning Star
Tenants of 25th Avenue's Green Valley Motel must be out of their units by Monday and there has been some concern about where they will go. "The service provider community does expect that a number of people will be homeless when the Green Valley Motel closes," said Annette Sharkey, with the Social Planning Council. Comment?
5 min ago | via Business Journal
In basic terms, what does your company do? Lake Homes Realty is a lake-focused, full-service real estate brokerage operating in multiple states. We are a traditional brokerage business with our own licensed agents, all powered by the largest selection of lake real estate at LakeHomes.com. Comment?
5 min ago | via Business Journal
In basic terms, what does your company do? ARC Realty is a full-service real estate company that specializes in residential sales, relocation and move management services, new home sales, marketing and development and commercial sales, leasing and development. What was the secret to your company's growth between 2013 and 2014? I truly give all the credit to the extraordinary sales associates that we have at ARC Realty. Comment?
7 min ago | via Business Journal
Take a look at recently released stats for the residential real estate market from July and the first seven months of 2015. Private-sector job growth, low-interest rates, retiree downsizing, first-time homebuyers and pent-up demand from the brutally cold winter are fueling a hot summer for the residential real estate market. Comment?
8 min ago | via Coast Reporter
Celine Dion performs at The Colosseum at Caesars Palace on Thursday, Aug. 27, 2015, in Las Vegas. Celine Dion performs at The Colosseum at Caesars Palace on Thursday, Aug. 27, 2015, in Las Vegas. Comment?
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