The price of a single-family home in the United States continues to get more expensive. Home prices, including distressed properties, rose 6.9 percent year-over-year in July, Irvine-based CoreLogic reported. Prices were up 1.7 percent compared with June, according to the July 2015 CoreLogic Home Index, which was released Tuesday. Not …
Read More »More good housing data
Pending home sales were essentially flat in July, although they remained well ahead of where they were one year ago, a positive sign for the country’s housing market. Nationwide, pending sales were up only 0.5 percent from June but were up 7.4 percent compared with July 2014, according to the …
Read More »Local Lobbyist is Policy Advocate for Inland Realtors
For Paul Herrera, helping to remove the roadblocks that licensed Realtors face is a full-time endeavor. As government affairs director for three local associations – the Inland Valley Association of Realtors, Inland Gateway Association of Realtors, and the California Desert Association of Realtors – he works to impact public policies …
Read More »Small retail center is sold
A neighborhood retail center in Riverside has been sold. Tyler Village, an eight-building development near Galleria at Tyler, sold for $13 million, according to Faris Lee Investments, which represented both parties in the transaction. The sale was announced Monday. The buyer and seller were identified only as private investors in …
Read More »Local housing market stays strong
Southern California’s housing market continued to improve in July. Single-family home sales were up only 0.6 percent month-over-month but rose nearly 17 percent compared with July 2014, according to CoreLogic’s monthly report on the region’s housing market, which was released Tuesday. A total of 24,235 new and existing houses and …
Read More »VA Home Loan Requirements for Credit Scores
If there’s one thing most buyers know about VA loans, it’s that they are the best way for veterans of the United States military to purchase a home with no money down. But one thing that isn’t always understood is the relationship between VA loans and credit scores (also known …
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