Watsonville Real Estate News
Real Estate news for Watsonville, CA continually updated from thousands of sources.
Thursday Jun 25 | via KION 46
The good news is that foreclosures are way down, but the bad news according to the Monterey County Civil Grand Jury is that fraudulent land records in the form of 'title transfers' and 'deeds of trust' remain in the county recorders office. This latest report noted that there is no system in place at the county level to ensure that records are legally signed. Comment?
Nov 18, 2014 | via Santa Cruz Sentinel
The University Village Apartments, the affordable housing development off of 2nd Avenue in Marina on March 18, 2014. Monterey >> Rising home prices so far this year have kept Monterey County home affordability at near-record lows, contributing to an increase in rents. Comment?
May 12, 2015 | via Monterey County Herald
Monterey >> With nearly $1 million of accumulated federal housing grant money, the city of Monterey is on the hunt to buy a residence for low-income renters. But skyrocketing home prices, a lack of homes on the market and a tight deadline have made it a challenge to spend the $962,704 from the U.S. Department of Housing and Urban Development. Comment?
Apr 24, 2015 | via Monterey County Herald
Moss Landing >> As two of their principal backers continue to battle it out in Monterey County Superior Court, competing Moss Landing desalination project proposals are forging ahead through the regulatory process. Last week, People's Moss Landing Water Desalination Project backer Nader Agha and Deep Water Desal partner David Armanasco were unable to reach an agreement during a court-ordered settlement conference in a lawsuit involving the competing desal projects. Comment?
Apr 21, 2015 | via Patch.com
Buying a home? You will need need patience, resilience to rejection, and sound financial planning, if are serious about pulling it off. Your income is important, but the rest of your financials need to be in order as well. Comment?
17 hrs ago | 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 | 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 | 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 | 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?
27 min ago | via CBC News
Families looking for detached homes in Vancouver are finding it tougher and tougher to land that dream as June figures prove it is the hottest real estate market for detached homes on record. As economists warn that Canada is tipping into a recession - it seems nobody has told the Vancouver real estate market. Comment?
28 min ago | via GhanaWeb
The Hwehwe.com.gh Research team decided to get to the bottom of what home or land owners should expect when they decide to sell their properties by themselves. You have a perfect property or house and you have made a decision to make a sale. Comment?
30 min ago | via The Chronicle Herald
With appreciation slowing and the costs associated with home buying increasing, the decision is not as clear cut as it once was The question of whether to rent or purchase a home is not always as straight forward as one might expect. Sure, everyone would rather build equity than sacrifice the sunk costs of renting. Comment?
31 min ago | via Globe and Mail
Lenders have a book of tricks to keep you tied to them for as long as possible. One of their strategies is the "early mortgage renewal." Comment?
44 min ago | via Yahoo!
A disabled Perth couple has won an extraordinary legal battle against a major mortgage lender that was trying to throw them out of their home over loans which went bad during the global financial crisis. Dale Burns, who is functionally illiterate and blind in one eye, defended himself in WA's Supreme Court against Perpetual Trustees Victoria, claiming decisions to lend him more than $850,000 through a series of "low doc" loans up to the end of 2007 was unconscionable. Comment?
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