Sun-Valley Real Estate News
Real Estate news for Sun-Valley, CA continually updated from thousands of sources.
12 hrs ago | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Tuesday | via Curbed
Fashion designer and occasional director Tom Ford has an off-market deal in the works to lock down a Beverly Hills estate that would be the year's biggest home sale so far in Los Angeles County. The sellers, hotel developer Brad Korzen and designer Kelly Wearstler, are selling their home to Ford for a reported $53 million, sources tell the LA Times . Comment?
Saturday May 21 | via Los Angeles Times
It's been a record-setting kind of week in the land of Hot Property, with chart-topping sales cropping up in all the usual places ... and some you might not expect. So sit back and strap on your seat belts as we take a spin through the latest celebrity real estate deals. Comment?
Jan 23, 2013 | via Pasadena Star-News
Southern California's residential real estate market chilled out in April as home sales fell from a year earlier and prices continued rising, a market tracker said Tuesday. Last month sales of new and previously owned houses and condominiums across the six-county region fell 3 percent from a year earlier to 21,312 properties, said Irvine based CoreLogic . Comment?
Tuesday May 17 | via The Orange County Register
Orange County home prices hit their highest level in nine years last month, matching the peak price reached at the height of the housing boom, CoreLogic reported Tuesday. The median price of an Orange County home, or price at the midpoint of all home sales, was $645,000 in April. Comment?
Yesterday | via Freshnews
According to recent data from LERETA, a leading national real estate tax and flood service provider, the Northeast region has the highest property tax bill average at $4,991 . The information studied was collected for the most current billing cycles as of January 2015 through April 2016. Comment?
Yesterday | via Pleasanton Weekly
Higher wages and lower seasonal home prices combined to push California housing affordability higher in the first quarter of 2016, compared to the previous quarter. According to a new report by the the California Association of Realtors, affordability was flat when compared to the previous year as rising home prices offset income gains. Comment?
Yesterday | via The Wave
As someone who grew up in California, I have seen my home state go from a place where hard work and education made dreams come true to a place where high taxes, overregulation and lack of educational opportunities are keeping people down and driving jobs away. Helping restore the American Dream in California starts with working to make California affordable. Comment?
Tuesday | via TheStreet.com
The luxury home builder beat expectations, reassuring analysts that its California sales will pick up and that a rate hike would not have a huge impact on earnings going forward. Apart from drooping California sales, Toll Brothers announced nothing but good tidings in its fiscal second quarter as the aging population of America and investments in multi-family housing began to pay dividends. Comment?
Tuesday | via Inman Real Estate News
Brokers and agents who choose to join CRMLS will have access to a pool of more than 100,000 active listings across the state and to a variety of tools. CRMLS's goal is still to build a statewide MLS, but that progress has been slowed by "politics," according to CRMLS CEO Art Carter. Comment?
4 min ago | via KSFO AM 560
"But, you know, I was in trouble if I didn't get really back on the stick and start working," Trump told Blitzer. "The real estate markets crashed. Comment?
6 min ago | via Reuters
May 26 The Consumer Financial Protection Bureau fined former Wells Fargo & Co employee David Eghbali $85,000 and banned him from working in the mortgage industry for a year for an illegal mortgage fee-shifting scheme. The CFPB said from at least November 2013 to February 2015 Eghbali had an arrangement with New Millennium Escrow Inc that allowed him to manipulate the prices his customers would pay for escrow services. Comment?
7 min ago | via Coast Reporter
The May real estate statistics are due out in the next couple of weeks, and they're expected to show the Sunshine Coast had another month of unusually high sales volume and prices. And that may not be good news for renters trying to find vacancies in a market already rated "severe" by the Rental Housing Index when it comes to affordability and the stock of rental housing. Comment?
8 min ago | via Housing Wire
Wells Fargo announced on Thursday that it now offers a down payment of as little as 3% for fixed-rate mortgages, answering calls in the industry to expand the credit box. The new low-down payment program, yourFirst Mortgage, which went live on Monday, offers lower out-of-pocket costs, expands credit criteria and pushes homebuyer education to help more first-time homebuyers and low- to moderate-income families achieve sustainable homeownership. Comment?
1 hr ago | via Housing Wire
The average interest rate for a 30-year mortgage climbed ever so slightly in the last week, but despite the slight increase, May 2016 will still finish up with the lowest average interest rate for any month in the last three years, according to new data from Freddie Mac . Freddie Mac's most recent Primary Mortgage Market Survey, released Thursday, showed that the 30-year fixed-rate mortgage averaged 3.64% for the week ending May 26, 2016. Comment?
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