REAL ESTATE NEWS

Source: Los Angeles Times Real Estate News
San Diego home sales recently dropped to their lowest level in years, likely much more to do with affordability constraints than the economy, but it might be a sign of things to come. In June there were 3,927 home sales in the county, CoreLogic said, which is the lowest in [...]
Tue, Aug 07, 2018 7:10:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Homeowners are sitting on a record amount of equity, but this time they’re stubbornly reluctant to borrow against it. Strong home price appreciation has handed Americans more than $5.8 trillion of equity they could be tapping and aren’t, more than double the level in 2011, according to data provider... [...]
Tue, Aug 07, 2018 11:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
One of the endearingly ironic things about the Los Angeles area is that its place names often gesture toward the sylvan past, no matter how incongruous all of the “Gardens,” “Parks” and “Woods” strewn across the basin by real estate developers of yesteryear are to the realities of life in [...]
Sat, Aug 04, 2018 12:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Wells Fargo & Co. foreclosed on 400 homeowners after improperly denying them loan modifications that could have allowed them to stay in their homes, the bank said in a regulatory filing Friday. From 2010 to 2015, amid the recovery from the housing bust that caused millions of Americans to lose... [...]
Sat, Aug 04, 2018 12:20:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Ten years after faulty mortgages upended the global financial system, Wells Fargo & Co. agreed to pay $2.09 billion to settle a U.S. investigation into its creation and sale of loans that contributed to the disaster. The long-anticipated penalty, announced Wednesday, is in line with what some analysts... [...]
Wed, Aug 01, 2018 9:20:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
San Diego County home prices in May increased 7.3 percent in a year, faster than the nationwide average, said the S&P CoreLogic Case-Shiller Indices released Tuesday. All the regions covered in the 20-city index experienced price increases, with San Diego near the top with the No.6 biggest increase... [...]
Tue, Jul 31, 2018 9:25:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Median home prices by ZIP code, compared with 2016. The information, compiled by CoreLogic, is derived from official San Diego County records and includes nearly all sales. The median price is the midpoint of home values, with half being above and half being below the listed number. Darker colors... [...]
Tue, Jul 31, 2018 12:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Like the rest of the Gateway Cities, Bell Gardens was once part of the vast landholdings of Don Antonio Lugo, who in 1810 received a big swath of ranch land from the king of Spain in recognition of his military service. The Californio built a sprawling network of adobe buildings [...]
Sun, Jul 29, 2018 1:55:00 AM, Continue reading at the source