Wallace Real Estate News
Real Estate news for Wallace, CA continually updated from thousands of sources.
Sep 21, 2015 | via KCRA-TV Sacramento
Hundreds of people left homeless by the massive Butte Fire that burned through 70,000 acres in Calaveras and Amador counties, are starting to get some relief. Patty Hession is one of those residents left homeless by the Butte Fire, which turned her tiny town of Mountain Ranch into a moonscape. Comment?
Jul 10, 2015 | via My Mother Lode
The Calaveras County Realtors Association reports that second-quarter real estate figures indicate higher year-over-year home sales and prices for four straight months and that this past quarter's sales reached the second highest level in nearly two years. Along with the improving economy, CCRA spokesperson Teri Rogers notes, "Sellers are not being too greedyproperties are being priced for the market and buyers see the value in that and are making their offers closer to the asking price. Comment?
Jun 12, 2015 | via The Union Democrat
Any Realtor will tell you home prices right now are flying high and, as a May 20 story in The Union Democrat pointed out, rents are through the roof. A recent poll on The Union Democrat's website found 68 percent of website visitors thought rents in the county were too high. Comment?
Monday Feb 8 | via Pasadena Star-News
California is routinely ranked as one of the most expensive places to live in the nation, mostly due to our state's sky-high housing costs. In fact, the average price of a California home is roughly $440,000, more than double the national average of $179,000. Comment?
Jun 20, 2012 | via City Journal
Say this for the $92 billion budget that California's legislature sent to Governor Jerry Brown on Friday: at least it wasn't late. 'The deadline was met,' state senate leader Darrell Steinberg announced with little fanfare or much evident pride. Comment?
Oct 19, 2008 | via City Journal
Treasury secretary Hank Paulson has spent the past six months using the trillions of dollars in promises and loans that only the government is powerful enough to make to avert the immediate collapse of the insurance giant AIG and those two mortgage behemoths, Fannie Mae and Freddie Mac. Government officials had hoped that their actions would persuade the financial world's private lenders, trading partners, and customers to stop fleeing financial institutions in a Depression-style terror. Comment?
Friday Feb 5 | via Local TV Station KTVZ
The Oregon Department of Consumer and Business Services warned consumers Thursday not to seek loan modification services from Liberty One Mortgage, a California-based unlicensed and unregistered company that has engaged in mortgage fraud. The department, through its Division of Financial Regulation, has issued two orders requiring Liberty One Mortgage to stop all unlawful activity in Oregon and assessed $30,000 in civil penalties against the company. Comment?
Thursday Feb 4 | via Business Wire
A detailed list of rating actions follow... )--Fitch Ratings has affirmed 10 classes of UBS Commercial Trust 2012-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follo... )--Westin Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. , today announced that the highly-anticipated Westin Nashville will o... )--Second row in list of dates for release dated February 2, 2016, should read: Ex-date: 02/11/2016 . Comment?
Monday Feb 8 | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Monday Feb 8 | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Monday Feb 8 | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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