West Hollywood Real Estate News
Real Estate news for West Hollywood, CA continually updated from thousands of sources.
Tuesday Mar 21 | via Curbed
The number of homes sold in Southern California fell from January to February, with a decline of 6.1 percent in Los Angeles County, according to a new report from real estate tracker CoreLogic . Rising mortgage rates could explain some of the drop in sales, but CoreLogic analyst Andrew LePage points to a "decline in affordability" and a "thin inventory of homes for sale" as other major factors. Comment?
Wednesday Mar 15 | via Los Angeles Lawyer
2. The Homeowner Bill of Rights creates a private right of action that enables borrowers to sue lenders for statutory violations during the nonjudicial foreclosure process. 3. Borrowers can prevent a nonjudicial foreclosure sale from proceeding by reinstating their debt at any time before the sale is scheduled to occur. Comment?
Wednesday Mar 15 | via Dr. Housing Bubble Blog
California is a high cost of living state. That goes without saying. Yet the level of affordability oscillates up and down with the whims of the bubble economy. Comment?
Tuesday Mar 14 | via Customer Interaction Solutions
Keller Rohrback L.L.P. is investigating recent reports that Wells Fargo has been improperly charging customers fees to extend their promised interest rate when their mortgagepaperwork was delayed. According to former Los Angeles area Wells Fargo employees, the paperwork delays that prompted the fees were usually the bank's fault, but management forced the employees to blame the customer for the delays. Comment?
Tuesday Mar 14 | via Isegoria
For some home buyers, there is no factor more important than the public schools their children will attend. They analyze student-body performance on standardized tests, school rankings, what percentage of alumni go on to four-year colleges and which schools send students to Ivy League or top-tier state universities. Comment?
14 min ago | via San Mateo Daily Journal
Some like to claim that Proposition 13 has decimated local government revenue and made California a low property tax state, but this is hardly the case. While Proposition 13 has succeeded in preventing property tax hikes as large as many big-government proponents might wish , local governments are far from starved for revenue. Comment?
Friday Mar 24 | via The Fresno Bee
Home builders, housing advocates and Fresno leaders say a new law making its way through the California Legislature could raise home prices, widening the gap of housing affordability for central San Joaquin Valley families. Assembly Bill 199 , authored by Assemblyman Kansen Chu, D-San Jose, and the California Building and Construction Trades Council , a labor group, would require workers to be paid the prevailing wage rate on new, privately constructed homes built with any sort of public money or government agreement. Comment?
Wednesday Mar 22 | via The Wave
Attom reported 11,148 homes were flipped last year in the four-county region, down 3 percent vs 2015. Flips were 6.8 percent of all sales in the region. Comment?
Tuesday Mar 21 | via Los Angeles Times
Southern California home prices jumped in February, posting the largest increase in more than a year, as buyers rushed to outbid one another for a meager selection of homes for sale. The six-county region's median price for new and resale homes hit $460,000 last month, up $5,000 from January, real estate firm CoreLogic said Tuesday. Comment?
Monday Mar 20 | via Credit.com
Millennials in Ohio are getting the most affordable mortgages, with Toledo, Akron, Lakewood and Dayton claiming four of the top 10 cities with the lowest average mortgage amounts for the age group, according to LendingTree. California, however, is on the opposite end of the spectrum, with four of the 10 cities with the highest average mortgage amounts: San Francisco, San Jose, Los Angeles and San Diego. Comment?
1 min ago | via The Daily Millbury
When you see Beyonce's net worth of $450 million or President Donald Trump's net worth of $3.7 billion, you're probably wondering, "What is my net worth?" Although you might not be worth millions or billions of dollars, you don't have to be a millionaire or a billionaire to find your net worth.Your net worth is a snapshot of the value of what you own minus what you owe. If you have a negative net worth, then you owe more than what you have available to you. Comment?
2 min ago | via ArkansasBusiness.com
Chenal Lakes Owner LLC and Brightwaters Owner LLC, affiliates of CLK Properties of Woodbury, New York, bought the 456-unit Chenal Lakes project for $38.1 million and the 256-unit Brightwaters project for $22.5 million. Comment?
13 min ago | via South China Morning Post
Banks in Shanghai are slowing mortgage loan growth amid the tighter stance by the People's Bank of China to keep deleveraging the housing market, industry sources said. Lenders in the most populous mainland cities are being asked to scale back growth in their monthly mortgages, which means home buyers could face longer waiting times on loan approvals even though mortgage requirements remain unchanged, said sources from state-owned banks in Shanghai, quoting new guidance from the central bank. Comment?
50 min ago | via This Is Money
Help! I need to sell my house in a fortnight or I'll lose my dream home - what can I do? The last Austin Healey ever made is up for auction and tipped to fetch A 90,000... but is it really the final one? Is it time to ban estate agents from offering financial services? Expert warns it's a 'clear conflict of interest' which is being abused BT is fined a record A 42m for breaking competition rules after giving other providers less compensation than agreed for delays in setting up internet As the new road tax is introduced next month, how can you save on the costs of owning a car... from a classic to a new one? Could you benefit from Nationwide's mortgage to help family members? Help for both first-time buyers and grandparents downsizing New tax-free childcare scheme to finally start next month: But only the under-2s can start straight away and the old system may still be better Borrowers ... (more) Comment?
57 min ago | via The Standard
Chief Executive-elect Carrie Lam Cheng Yuet-ngor will face the challenge of tackling high residential property prices. Leading realtor Jones Lang LaSalle says Hong Kong remains one of the least affordable housing markets in the world, with a typical apartment costing 18.1 times the gross annual average income, according to Demographia. Comment?
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