Temecula Real Estate News
Real Estate news for Temecula, CA continually updated from thousands of sources.
Yesterday | via Santa Cruz Sentinel
In this photo, Jill Rosales talks about student debt with her dog and daughter in the back yard of their home in Temecula Each month, $1,500 is deducted from the family bank account for student loans. It's more than the mortgage. Comment?
Monday | via The Miami Herald
Jill Rosales talks about student debt at her home in Temecula, California, on July 10, 2015. Her dog and daughter stand nearby. Comment?
Friday Oct 2 | via Lake Elsinore Valley News
Annually the numbers are positive. The numbers of listings and closings, as well as selling prices are up in Riverside County. Comment?
Friday Sep 18 | via Downey Patriot
Two weeks ago, the lovely 1938 historic Victorian home on the corner of Gallatin and Lemoran was torn down , along with a 60-ft eucalyptus that was probably as old as the home. They were torn down to make way for the division of the 30,000 square foot-lot into three pieces, each destined to have its own McMansion, and the beautiful park-like expanse on the corner will be no more. Comment?
Wednesday Sep 16 | via The Press-Enterprise
Southern California homebuying in August shifted down from July, but remained strong enough to help the six-county region chalk up the longest stretch of year-over-year home sales gains in three years. Data from a new CoreLogic report says 21,352 new and existing homes and condos were sold in Southern California in August, down 12 percent from July sales but up 8 percent from 19,765 sales recorded in August 2014. Comment?
Sunday | via Housing Wire
A California cooling effect could put a freeze on nationwide appreciation and a sustained housing recovery, according to the latest report from Clear Capital. Since 2012, the churn of California price appreciation has buoyed the West, and helped support nationwide appreciation. Comment?
Sunday Oct 4 | via The Fresno Bee
Keith Swinger and Latishia Sharer , a Fresno Wells Fargo home mortgage team, earned the top 10 percent award in the nation for July 2015. In data just released by the Centers for Medicare and Medicaid Services, HealthCare California achieved an Acute Care Hospitalization rate of 9.5 percent for July compared to a state rate of 19.5 percent and a national rate of 24.4 percent. Comment?
Friday Oct 2 | via Dr. Housing Bubble Blog
The Case Shiller Index is one of the better long-term measures of housing price changes. It looks at repeat home sales so you know what you are tracking versus say an area where new home sales are jacking prices up while old crap shack stucco boxes lag the market. Comment?
Friday Oct 2 | via RollingStone
Wells Fargo was forced under the terms of a robo-signing settlement to launch its much-lauded home-buyer assistance program. All over the country, Wells Fargo is making headlines for launching a multimillion-dollar homeowner assistance program called HomeLIFT, which among other things offers $15,000 down payment grants to prospective home-buyers. Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
13 min ago | via NewsFactor
In the latest high-profile breach of a U.S. organization, hackers broke into Experian's database of information on 15 million T-Mobile customers and potential customers. But what is Experian, and why does the credit bureau keep data on a wireless carrier's customers? If you've applied for a credit card, mortgage, student loan or any financial product in the last three decades, Experian likely has some sort of data on you. Comment?
16 min ago | via Newkerala.com
With affordability and safety of investment being the key for home buyers, the latest round of repo rate cut by the Reserve Bank of India may see only a marginal improvement in demand and may not act as a catalyst to stimulate sales in this festive season. After the announcement of unexpectedly high 50 basis points cut in repo rate by the RBI on September 29, it was expected that the move would improve market sentiment, leading to increased demand and more sales especially as only a part of the multiple rate cuts amounting to 75 basis points effected this year before September 29, was passed on to the consumers by the banks. Comment?
23 min ago | via Foster's Daily Democrat
Reader question: Is it legal for a real estate agent to work with the seller and the buyer and if it is, then get both commissions? Jonie P. Monty's answer: It is legal for a real estate agent to work with both a buyer and a seller. Real estate law in every state says that a real estate agent must treat all parties fairly. Comment?
29 min ago | via West Australian
Britain's financial watchdog said on Wednesday it has begun a review of the mortgage market to see if there are areas where competition may not be working well or could be improved. The regulator's action comes alongside increasing pressure on the British government over a housing shortage in parts of the country and rising house prices that have put owning a home out of reach of many people. Comment?
2 hrs ago | via Sydney Morning Herald
We wonder if Westpac chief executive Brian Hartzer will be renting a room out on Airbnb to help pay his mortgage. Westpac did not impress the Twitterati with its recent social media campaign which culminated in the vaguely detailed announcement on Wednesday of its tie up with Airbnb to aid the Australians with the home ownership process. Comment?
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