Three Rivers Real Estate News
Real Estate news for Three Rivers, CA continually updated from thousands of sources.
Apr 21, 2015 | via The Fresno Bee
The Meadows senior housing development in Visalia celebrates 40 years and making the last payment on its original mortgage loan. An affordable senior apartment complex in Visalia is celebrating two milestones this month - 40 years of providing housing for low-income seniors and making the final payment on its original mortgage. Comment?
Jan 9, 2015 | via The Fresno Bee
Two men have pleaded pleaded guilty to fraud charges stemming from a foreclosure rescue scheme in which homeowners lost $2.5 million, the Tulare County District Attorney's Office said Friday. Juan Ramon Curiel, 36, of Visalia, and Santiago Palacios-Hernandez, 45, of Salinas, pleaded guilty to federal charges of conspiracy to commit mail fraud and bankruptcy fraud. Comment?
Sunday | via San Gabriel Valley Tribune
The Southern California real-estate market is feeling the sting of a changing climate, as a pair of new reports finds renters, would-be homebuyers and black households losing ground in the face of competition from investors and a widening racial wealth gap. In a survey of 80 community-based nonprofits, the California Reinvestment Coalition found that long-term tenants are being displaced by high rents while potential first-time homebuyers are losing out to all-cash offers from investors. Comment?
12 hrs ago | via Almanac
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Sunday | via Dr. Housing Bubble Blog
California home prices plateau and sales fall: Inventory slowly rising in L.A. County and back in a big way for Orange County. At the start of the year, discussing a year-over-year drop in California home prices seemed unrealistic. Comment?
Saturday | via Holtville Tribune
A federal grand jury in San Francisco returned an indictment against a Northern California real estate investor for his role in bid-rigging and fraud conspiracies at public foreclosure auctions in Northern California, the Department of Justice announced. A two-count indictment has been filed in the U.S. District Court of the Northern District of California in Oakland, charging Ramin Rad "Ray" Yeganeh of San Mateo, California, with participating in conspiracies to rig bids and defraud mortgage holders and others in Alameda County. Comment?
Thursday Jun 25 | via SFGate
In this Sept. 12, 2013 file photo, Consumer Financial Protection Bureau Director Richard Cordray testifies on Capitol Hill in Washington. Comment?
17 min ago | via WFAA-TV Dallas
Researchers recommend renting vs. buying in DFW. The finding is in the Florida Atlantic University's latest 'Buy Versus Rent Index' Researchers recommend renting vs. buying in D-FW Researchers recommend renting vs. buying in DFW. Comment?
38 min ago | via KELO-TV Sioux Falls
Like many things in this world, technology is changing the way we do our banking. It could even make local bank branches a thing of the past. Comment?
55 min ago | via MySanAntonio.com
More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month. Comment?
1 hr ago | via KDWN
Interest rates on short-term Treasury bills rose in Monday's auction, with rates on six-month bills climbing to the highest level since late March. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, up from 0.010 percent last week. Comment?
1 hr ago | via Seeking Alpha
MFA Financial, Inc. is an internally managed mortgage REIT company that primarily invests in agency RMBS and credit sensitive assets on a leveraged basis. In the current volatile interest rate scenario, MFA represents an excellent opportunity for investors who are willing to take exposure of a mortgage REIT company. Comment?
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