South Pasadena Real Estate News
Real Estate news for South Pasadena, CA continually updated from thousands of sources.
Tuesday Mar 21 | via Curbed
The number of homes sold in Southern California fell from January to February, with a decline of 6.1 percent in Los Angeles County, according to a new report from real estate tracker CoreLogic . Rising mortgage rates could explain some of the drop in sales, but CoreLogic analyst Andrew LePage points to a "decline in affordability" and a "thin inventory of homes for sale" as other major factors. Comment?
Wednesday Mar 15 | via Los Angeles Lawyer
2. The Homeowner Bill of Rights creates a private right of action that enables borrowers to sue lenders for statutory violations during the nonjudicial foreclosure process. 3. Borrowers can prevent a nonjudicial foreclosure sale from proceeding by reinstating their debt at any time before the sale is scheduled to occur. Comment?
Wednesday Mar 15 | via Dr. Housing Bubble Blog
California is a high cost of living state. That goes without saying. Yet the level of affordability oscillates up and down with the whims of the bubble economy. Comment?
Tuesday Mar 14 | via Customer Interaction Solutions
Keller Rohrback L.L.P. is investigating recent reports that Wells Fargo has been improperly charging customers fees to extend their promised interest rate when their mortgagepaperwork was delayed. According to former Los Angeles area Wells Fargo employees, the paperwork delays that prompted the fees were usually the bank's fault, but management forced the employees to blame the customer for the delays. Comment?
Tuesday Mar 14 | via Isegoria
For some home buyers, there is no factor more important than the public schools their children will attend. They analyze student-body performance on standardized tests, school rankings, what percentage of alumni go on to four-year colleges and which schools send students to Ivy League or top-tier state universities. Comment?
27 min ago | via Business Wire
After a record year in 2016, the growth of Bellwether Enterprise's presence in Southern California reflects strong regional demand and aligns with the company's long-term strategy of expanding its robust reach on a national scale. "Our latest expansion really has to do with the people. Comment?
1 hr ago | via Realty Times
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21 hrs ago | via GlobeSt.com
Wallick & Volk Mortgage, the oldest privately held mortgage company in the United States, is pleased to announce the official opening of its newest branch in Irvine, California, March 27, 2017. Senior Vice President Bill Lawton leads the Irvine office and Wallick & Volk's California team. Comment?
Yesterday | via San Mateo Daily Journal
Some like to claim that Proposition 13 has decimated local government revenue and made California a low property tax state, but this is hardly the case. While Proposition 13 has succeeded in preventing property tax hikes as large as many big-government proponents might wish , local governments are far from starved for revenue. Comment?
Friday Mar 24 | via The Fresno Bee
Home builders, housing advocates and Fresno leaders say a new law making its way through the California Legislature could raise home prices, widening the gap of housing affordability for central San Joaquin Valley families. Assembly Bill 199 , authored by Assemblyman Kansen Chu, D-San Jose, and the California Building and Construction Trades Council , a labor group, would require workers to be paid the prevailing wage rate on new, privately constructed homes built with any sort of public money or government agreement. Comment?
3 min ago | via The Washington Post
In a bitterly partisan Congress, two senators are making a rare push across party lines to solve a persistent riddle with huge implications for the U.S. housing market: What to do with Fannie Mae and Freddie Mac? Aides to Tennessee Republican Bob Corker and Virginia Democrat Mark Warner have begun meeting with industry groups and former government officials to discuss ideas, according to people familiar with the matter. Senate Banking Committee Chairman Mike Crapo, whose panel would have to shepherd any bill to overhaul the mortgage finance giants, has also begun to hold housing-finance briefings with the idea of building toward a compromise. Comment?
4 min ago | via Waco Tribune-Herald
U.S. stock indexes edged higher in morning trading Tuesday, recovering after an early slide. Investors weighed the latest batch of company earnings and economic news. Comment?
7 min ago | via Bloomberg
Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances. Industrial robots cut into employment and pay for workers, based on an new analysis of local data stretching from 1990 and 2007. Comment?
7 min ago | via Iceland Review
The situation in the housing market in Iceland is the worst it has been in half a century, according to Sverrir Kristinsson, who has worked as a real estate agent in Reykjavik since 1968. His suggestion for solution: "Many more lots must be prepared as building sites; more one and two-bedroom apartments must be built; and we must build much faster than before." Comment?
13 min ago | via Inman Real Estate News
Realtor and marketing coordinator Jay Luebke didn't waste any time getting his real estate license at the age of 18. Now that he has a few industry years under his belt, he shares how he got to this point and the key to getting clients to trust a young face with the heftiest financial transaction of their life.... Comment?
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