Temecula Real Estate News
Real Estate news for Temecula, CA continually updated from thousands of sources.
Yesterday | via Los Angeles Times
Much like other parts of the Southland, Riverside County saw its median home price tick up again in May, climbing to $328,000, or nearly 7% over the same month a year ago. That amount won't buy much in L.A., but it does stretch further in cities such as Indio, Murrieta and Winchester. Comment?
Tuesday Jul 19 | via Los Angeles Times
Southern California home prices jumped in June as prospective buyers bid higher, fighting over a meager supply of homes for sale. The six-county region's median price rose 5% from a year earlier to hit $464,000 in June, data firm CoreLogic announced Tuesday. Comment?
Monday Jul 18 | via Lake Elsinore Valley News
The City of Temecula Office of Economic Development announces dates and open registration for the 2016 Temecula Trekkers Program, an in-depth ambassador program geared toward real estate professionals who do business within the City. The Temecula Trekkers Ambassador Program is designed to educate residential real estate agents on the workings of local government and to inform on the resources and services that the City of Temecula offers. Comment?
Saturday Jul 16 | via Seattle Times
"Borrowers who don't do their homework often end up paying more than they should, and in some cases that extra cost can really hurt," says Paul Sian, a real-estate agent and lawyer with HER Realtors in Cincinnati. A study from the Consumer Financial Protection Bureau concludes that many consumers don't shop for mortgages, and they tend to get their mortgage information from lenders and real-estate agents, who aren't impartial. Comment?
Jun 20, 2016 | via JD Supra
If a property owner loses their property through a foreclosure sale initiated by someone who did not validly own the debt, has the property owner automatically suffered enough "prejudice" to pursue a claim for wrongful foreclosure? Or does the property owner also need to show that it would have been able to avoid foreclosure by paying the debt to the true lender? The California Supreme Court's recent Yvanova decision only partially addressed the "prejudice" issue. In Yvanova , the Supreme Court discussed prejudice, but only "in the sense of an injury sufficiently concrete and personal to provide standing," not "as a possible element of the wrongful foreclosure tort." Comment?
Wednesday Jul 20 | via The Wave
For more than a generation, opportunistic California politicians have barraged voters with woeful tales about how the most productive, inventive, wealthy and enterprising Californians are leaving this state in droves to avoid high taxes and excessive government regulation. These stories, used successfully by the likes of Pete Wilson and Arnold Schwarzenegger while running for governor, and unsuccessfully by failed candidates from Bill Simon to Meg Whitman and Neel Kashkari, tell of rich Californians seeking greener pastures in more laissez faire states like Texas and Idaho. Comment?
Tuesday Jul 19 | via Inside Bay Area
President Obama and Vice President Joe Biden on Tuesday announced they are backing state Attorney General Kamala Harris, a longtime political ally of the president, in California's historic Democrat-on-Democrat U.S. Senate race. The president praised Harris as a "lifelong courtroom prosecutor" who has fought international gangs, oil companies and the big banks responsible for the mortgage crisis. Comment?
Monday Jul 18 | via The Hastings Tribune
A California man has been sentenced to prison for a mortgage loan modification scheme that defrauded homeowners in Connecticut and other states. Comment?
Thursday Jul 14 | via Los Angeles Times
New homes under construction at Toll Brothers' Westcliffe development are seen in Porter Ranch. A shortage of new housing has helped push up prices in Southern California. Comment?
Wednesday Jul 13 | via San Diego NewsCape
Attorney General Kamala D. Harris announced that six individuals were indicted and arrested on 135 felony charges for operating a mortgage fraud scheme throughout Southern California and the Inland Empire, preying on homeowners facing foreclosure. The case is being prosecuted by attorneys in the Attorney General's Mortgage Fraud Strike Force, created by Harris in 2011 to prosecute mortgage fraud at every step of the process. Comment?
6 min ago | via Philly.com
NBC News White House correspondent Kristen Welker will be on familiar turf as Hillary Clinton's campaign arrives here in Welker's hometown for the Democratic National Convention. Thrilled as she is that family and friends will be nearby, "I don't even know if I'll have time to see them," said Welker, who's nevertheless hoping to sneak in time with her fiance, John Hughes, a marketing director for Merck & Co. Comment?
21 min ago | via Inside Bay Area
As the real estate markets for Fremont and Dublin soar with new home sales, the schools that house all those new students are bursting at the seams and looking to developers for help building classrooms. The state agreed. Comment?
51 min ago | via The Indian Express
The effect of liberalisation on the Indian landscape is that story - of the opening up of a socialist, conservative economy that led to the entry of multinational corporations, that opened the purse strings of banks, and gave 25-somethings the dream of owning a home. "I could not get married for many years because I didn't have a house of my own, because no bank would give me a loan. Comment?
1 hr ago | via AmericanBankingNews.com
According to Zacks, "Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. Comment?
1 hr ago | via News Max
The Chinese were the largest group of foreign buyers of U.S. homes in the year ended March 31. A National Association of Realtors survey for the second straight year showed that Chinese nationals topped international home buyers in the U.S., with purchases of 29,195 homes totaling about $27 billion from April 2015 through March 2016, Barron's reported. The second-place Canadians bought 26,851 homes totaling only $9 billion, preferring vacation locales to homes in pricey suburbs, in states from New York to California to Washington, Barron's reported. Comment?
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