Victor Valley's Latest Real Estate News & Information
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Editorial: California must summon will to meet housing crisis – San Francisco Chronicle

The value of a home is in the eye of the beholder

Wrestling over the numbers to determine a home’s price can be a challenge.

There’s the price the seller hopes beyond hope he can get. And there’s the buyer’s initial offer price. That’s usually different from the price he’s actually willing to pay for the house.

There’s also the price the seller’s listing agent believes the house should be listed for. That’s usually different from what the listing agent believes the house will actually sell for.

To close this seemingly insurmountable chasm, the sellers usually come down a bit from their dream price, the buyers come up a tad from their low-ball offer,

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Original Article: http://www.ocregister.com/2017/08/19/the-value-of-a-home-is-in-the-eye-of-the-beholder/
Date: 1503170914

Original Source

Step inside eco-friendly, oceanfront Laguna Beach house by Mark Singer for sale at $14 million

Confirmed: Mauricio Umansky to speak at TRD’s Southern California real estate event – The Real Deal Magazine

Beverly Hills developer ordered to pay $7.5 million for bilking investors in home flipping scheme – HousingWire

Miley Cyrus goes back to her roots, lays out $5.8 million for Tennessee farmhouse – New York Daily News


New York Daily News

Miley Cyrus goes back to her roots, lays out $5.8 million for Tennessee farmhouse
New York Daily News
The 24-year-old and her fiancé, Liam Hemsworth, 27, have been living in a ranch-style home in Southern California. Cyrus dispensed $2.5 million on the … There are also a few more items from Cyrus’ realestate past. In 2015, she sold a Toluca Lake
Miley Cyrus Drops $5.8 Million for 33-Acre Farmhouse
Original Article: http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHKpzSIviH9LrILjeqUZzU2bbxw0g&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779582296907&ei=fD-XWeDXAor2qAKByYvQBg&url=http://www.nydailynews.com/entertainment/music/miley-cyrus-back-roots-buys-5-8-million-tenn-home-article-1.3422995
Date: 1503084432

Original Source

Dermody Properties completes project in Las Vegas – Northern Nevada Business Weekly

USC’s massive campus addition features student housing — and Trader Joe’s and Target open to the community – Los Angeles Times

Lauren Conrad Lists Brentwood Flip – Patch.com

Orange County homes can be 27% more affordable than Realtors say

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.

Rate news summary

From Freddie Mac’s weekly survey: The 30-year fixed rate improved, averaging 3.89 percent, one basis point better than last week’s 3.90 percent. The 15-year fixed improved to 3.16 percent, two basis points better than last week’s 3.18 percent.

The Mortgage Bankers Association reported loan application volume was unchanged from the previous week.

Bottom line: Assuming a borrower gets the average 30-year fixed rate on a conforming $424,100 loan, last year’s rate of 3.43 percent and payment of $1,888 was $110 less than this

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Original Article: http://www.ocregister.com/2017/08/17/orange-county-homes-can-be-27-more-affordable-than-realtors-say/
Date: 1502996660

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