Real Estate News

A 40-year-old Yorba Linda man pleaded guilty today in a real estate fraud scheme and was immediately sentenced to four years in prison. Andres Oman Pacheco was accused of taking at least $540,000 from victims in real estate deals, …Read More

The latest projection from the Joint Center for Housing Studies’ Leading Indicator of Remodeling Activity (LIRA) calls for a slight slowing in annual growth in home improvement and repair expenditures will rise 6.7 percent at $317 billion, a strong but …Read More

New Trump administration policy, and reaction to that policy, have made borrowing costs more expensive for homebuyers. Source link …Read More

The typical home price in San Diego County ended the year under half a million dollars.  In December, the median home price was $495,000, real estate tracker CoreLogic reported Tuesday. It was the same as the previous month and …Read More

Point, a financial technology platform that offers homeowners the opportunity take equity out of their home without taking on new debt, is partnering with Roundpoint Mortgage Servicing, which will service the assets that Point acquires, the companies announced this …Read More

The Department of Housing and Urban Development has suspended the reduction of annual mortgage insurance premiums that was supposed to go into effect January 27. Source link …Read More

Downtown Riverside’s housing boom continues, with a townhome project planned for land once pitched as a site for a new main library. The city’s former redevelopment agency is poised to sell a 0.64-acre property at Mission Inn Avenue and …Read More

Has the long-anticipated boom in multifamily housing construction finally ignited a capacity glut that will lower rents and reduce pressure on renters to buy? Rental growth has fallen to the lowest level in six years and rents in top luxury markets …Read More

The new year brings new challenges for the homebuilding industry, specifically higher mortgage rates. Source link …Read More

An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with first-time home buyers and those with poor credit. The move by the Department …Read More