Archive | August, 2013

Home prices still surging … for now

  NEW YORK (CNNMoney) Home prices are still surging, but the pace of the gains has steadied as interest rates continue to rise. Prices for homes in the nation’s 20 largest cities in June rose 12.1% over the last year, according to a report Tuesday from S&P/Case-Shiller home price index. While that gain is still […]

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Iconic Hotel Lautner in Desert Hot Springs

  The iconic desert hideaway built by legendary architect John Lautner in 1947 is reimagined today as Hotel Lautner, a stunning modern day oasis in Desert Hot Springs, California. Hotel Lautner, formally known as The Desert Hot Springs Motel, was designed by John Lautner in 1947 as a master planned community of over 100 buildings, […]

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CoreLogic Reports June Home Prices Rise by 11.9 Percent Year Over Year

August 06, 2013, Irvine, Calif. – ––Analysis Projects Year-Over-Year Growth of 12.5 Percent in July–– CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its June CoreLogic Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased 11.9 percent on a year-over-year basis in June 2013 compared to June 2012. […]

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C.A.R.’s statement on President Obama’s housing speech

For release: August 6, 2013 C.A.R.’s statement on President Obama’s housing speech LOS ANGELES (Aug. 6) The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to President Obama’s speech on housing in Phoenix today: “C.A.R. commends the Obama administration for addressing mortgage finance reform and recognizing that the government needs to […]

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TRULIA REPORTS ASKING HOME PRICE SLOWDOWN AMID RISING MORTGAGE RATES, EXPANDING INVENTORY, AND DECLINING INVESTOR INTEREST

Asking Home Prices Cool Most in Hottest Housing Markets: Las Vegas, Oakland, and San Francisco SAN FRANCISCO, August 6, 2013 – Trulia, Inc. (NYSE: TRLA), a leading online marketplace for home buyers, sellers, renters, and real estate professionals, today released the latest findings from the Trulia Price Monitor and the Trulia Rent Monitor. These indices are the earliest leading indicators available of […]

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Mortgage Credit Availability Increases in July

WASHINGTON, D.C. (August 5, 2013) — Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product. The MCAI increased for the fourth consecutive month to 112.3 last month, an increase of 2.2 percent from June. […]

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TransUnion: National Mortgage Loan Delinquency Rate Continues Torrid Decline in Q2

CHICAGO, IL–(Marketwired – Aug 6, 2013) – The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) continued its unprecedented decline in 2013, dropping to 4.09% in Q2 2013, nearly 26% lower versus the same time last year. Since last quarter, the mortgage delinquency rate has declined 10%. “This marks […]

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SOLD – $460,000 – 3BR/3BA Deepwell Ranch, Palm Springs

  REMARKABLE REMODEL JUST COMPLETED! 3 BEDROOMS 3 FULL BATHS. 24″ PORCELAIN TILE THROUGHOUT. NO STEP DOWNS! NEW KITCHEN CONSISTS OF NEW STAINLESS APPLIANCES, CUSTOM CABINETS, GRANITE COUNTERS, GLASS HOOD AND LARGE DOUBLE PANTRY. ALL 3 BATHROOMS HAVE BEEN UPDATED WITH NEW VANITIES, NEW WALK-IN SHOWERS, TOILETS AND FIXTURES. NEW DOUBLE PANE WINDOWS AND PLANTATION […]

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SOLD – $110,000 – 1BR/1BA Sunrise Country Club, Rancho Mirage

CONDO IS ON THE 14TH FAIRWAY OF SUNRISE COUNTRY CLUB. HAS A LARGE INCLOSED FRONT PATIO WITH BBQ, PATIO TABLE AND CHAIRS WITH PASS THROUGH TO KITCHEN. LARGE LIVING ROOM WITH CATHEDRAL CEILING. PATIO ON 14TH FAIRWAY WITH PATIO TABLE CHAIRS, LIGHTING AND LARGE OUTDOOR CEILING FAN, DINING AREA, AND LARGE KITCHEN, WITH NEW APPLIANCES. […]

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