Turlock Real Estate News
Real Estate news for Turlock, CA continually updated from thousands of sources.
Thursday | via The Item Extra
It's one of the most common lies that home buyers tell mortgage lenders, and it may be on the upswing: In order to get a lower interest rate and down payment, applicants say they plan to occupy the house as a principal residence when in fact they have no such intention. The incidence of occupancy misrepresentation rose 20 percent between 2011 and 2013, according to giant investor Fannie Mae's latest sampling of loans involving known fraud. Comment?
Wednesday Jul 1 | via Dr. Housing Bubble Blog
The rise of inventory in Southern California: Inventory is up 70 percent from 2013 in Orange, Riverside, and San Bernardino counties. Real estate markets are notoriously slow when it comes to shifting momentum. Comment?
Wednesday Jul 1 | via National Mortgage News
After it all but stopped making real estate and development loans following the housing crash, the $5.6 billion-asset bank over the last two years has increased its total real estate loans by more than 61%, to $3 billion as of March 31. It is a figure that is likely to keep rising as California's real estate market heats up and the bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace. "The commercial market is growing very strong here in California, more so than in other states," said Chairman and Chief Executive Daniel Walker. Comment?
Wednesday Jul 1 | via Mortgage News Daily
The Fourth of July is nearly here our very own Census Bureau has dished up some tasty numerical facts. The estimated U.S. population for July Fourth this year is 321 million, whereas in July 1776 the estimated number of people living in the newly independent nation was 2.5 million. Comment?
Sunday Jun 28 | 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?
8 min ago | via Independent.ie
Just like Bank of Ireland, Ulster Bank and Permanent TSB, it is defying calls to cut variable rates. Photographer: Aidan Crawley/Bloomberg That is the argument the Central Bank has been putting out, as it does not want powers to set rates. Comment?
Thursday Jul 2 | via New Fillmore
A pair of recent single-family home sales in Pacific Heights illustrate that properly pricing a home for sale can pay off on multiple levels. In the 3000 block of Jackson Street, two properties that are practically next door to each other changed hands in early June, with the transactions and homes bearing some similarities. Comment?
55 min ago | via Glenwood Springs Post-Independent
Last year, 78 percent of RFSD employees stuck around, compared with 85 percent in Garfield County Re-2 and a state average of 80 percent. The district fared better in the 2010-2011 and 2012-2013 school years, tying the state average but still trailing Re-2, but saw a major exodus amid budget cuts in 2011-12, with 29 percent of the staff departing. Comment?
1 hr ago | via Independent.ie
Nearly 10 million Greek voters will take to the ballot booths Sunday to vote 'Yes' or 'No' in a referendum asking if they accept more austerity measures in return for bailout funds Each morning, Nick Balabanis leaves his Athens home at 6am to begin work. The father of one commutes into the centre of the city to the small but bustling drapery shop on Athinaidos Street, hidden away from the tourist gaze. Comment?
1 hr ago | via Mail on Sunday
Right now, there is no hotter topic at Middle England dinner parties or saloon bars than the dreaded buy-to-let conversation Joe Kennedy, millionaire investor, businessman and father of the powerful American political family, knew precisely when to run like hell from an 'investment opportunity'. He famously said: 'When the shoeshine boys are giving you stock tips, it's time to sell.' Comment?
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