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Pending Sales of U.S. Existing Homes Unexpectedly Decrease - Bloomberg

MiamiHerald.com
Pending Sales of U.S. Existing Homes Unexpectedly Decrease Bloomberg That report followed other data that showed new-home construction declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of...
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Gloom and doom....

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Rescooped by Glynda Woolam from The Sustainability Journal - by Vikram R Chari
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SunPower To Add Storage to Solar in New Homes

SunPower To Add Storage to Solar in New Homes | Real Estate | Scoop.it
U.S. solar giant SunPower has entered an agreement to have battery storage installed in new homes in California, as it looks to expand its solar plus storage systems that are also being tested in Australia.

Via Vikram R Chari
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Sales of new US homes surge in May to highest since 2008 - Washington Post

Sales of new US homes surge in May to highest since 2008 - Washington Post | Real Estate | Scoop.it
BBC News Sales of new US homes surge in May to highest since 2008 Washington Post Purchases of new homes in the United States in May showed the highest increase in 22 years, indicating the industry is rebounding from a winter-induced lull at the...
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Sell!???

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Can U.S. $17 Trillion In Debt Survive Higher Interest Rates? :: The ...

The United States federal government currently has about $17.5 trillion in debt outstanding. What this means is that if the interest rate on that debt were to rise by even 1%, the annual federal deficit rises by $175 billion.
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Information is power

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New home construction jumps 27% in North Texas - Fort Worth Star Telegram

New home construction jumps 27% in North Texas - Fort Worth Star Telegram | Real Estate | Scoop.it
New home construction jumps 27% in North Texas
Fort Worth Star Telegram
By Sandra Baker. sabaker@star-telegram.com.
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New home inventory not bigger in Fort Worth, TX 

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1Q home sales off and running - Santa Fe New Mexican.com (blog)

1Q home sales off and running - Santa Fe New Mexican.com (blog) | Real Estate | Scoop.it
1Q home sales off and running Santa Fe New Mexican.com (blog) First-quarter residential home sales in Santa Fe County remained strong — ending March, 2014 with 382 residential sales, an increase of 15 percent from a year earlier and the highest...
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Buy and hold?

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Baby boomers turn to reverse mortgages - CNBC.com

Baby boomers turn to reverse mortgages - CNBC.com | Real Estate | Scoop.it
CNBC.com
Baby boomers turn to reverse mortgages
CNBC.com
U.S. baby boomers desperate for retirement income are increasingly turning back to a financial product that, after the housing bust, had been left for dead: the reverse mortgage.
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Interesting trend...

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Great Towns for Families

Great Towns for Families | Real Estate | Scoop.it
The desire to start a family is among the top motivators for buying a home. Everyone has their own ideas about what makes a community the ideal environment for bringing up happy, healthy, well-educated children.
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Thinking about investing?

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Denver home sales break record set in housing boom - Denver Post

Denver home sales break record set in housing boom - Denver Post | Real Estate | Scoop.it
Denver home sales break record set in housing boom
Denver Post
Single-family home sales in metro Denver last year beat a record set during the housing boom, according to a report Wednesday from Metrolist, the area's multiple-listing service.
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good to know

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Lowest Number Of New Houses Up For Sale In SoCal In 20 Years - Curbed LA

Lowest Number Of New Houses Up For Sale In SoCal In 20 Years - Curbed LA | Real Estate | Scoop.it
Lowest Number Of New Houses Up For Sale In SoCal In 20 Years Curbed LA A new report from Real Estate Consulting shows that "[c]autious capital, a lack of finished lots, and notoriously slow planning departments" are all contributing to a 20-year...
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Interesting...

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As lending slowdown looms, some banks rush to lock in mortgages ...

As lending slowdown looms, some banks rush to lock in mortgages ... | Real Estate | Scoop.it
Some of the country's big lenders are rushing to lock in more and potentially riskier mortgages ahead of an expected slowdown in borrowing next year.
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Get your loan now

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Mortgages Without Risk, at Least for the Banks - New York Times

Mortgages Without Risk, at Least for the Banks - New York Times | Real Estate | Scoop.it
Mortgages Without Risk, at Least for the Banks
New York Times
The Dodd-Frank law told regulators to effectively set up three categories of mortgages. At the top were “qualified residential mortgages,” called Q.R.M.
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How do you think this will affect private investors?

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Realtors forecast flat sales, rising prices - USA TODAY

Realtors forecast flat sales, rising prices - USA TODAY | Real Estate | Scoop.it
Realtors forecast flat sales, rising prices
USA TODAY
SAN FRANCISCO — Home sales will hold steady next year, but prices will continue to rise due to a low supply of homes for sale, the National Association of Realtors predicts.
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More Federal Aid on Mortgages, Affordable Rentals Promised

More Federal Aid on Mortgages, Affordable Rentals Promised | Real Estate | Scoop.it
Lew said the Home Affordable Modification Program had provided relief to more than 1.3 million homeowners who have been able to permanently modify their mortgages, saving them $540 per month on average in their ...
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Lower interest for rehabbing rentals?  Private lending to be encouraged

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New report touts new home water savings - KTVU San Francisco

New report touts new home water savings - KTVU San Francisco | Real Estate | Scoop.it
New report touts new home water savings
KTVU San Francisco
It says the implementation of the California Green Building Standards Code (CALGreen) and updated plumbing fixtures in new homes has resulted in significant savings over older homes.
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Should investors Retro-fit to sharpen interest in existing home vs new build?  Find out about home owner incentives from local gov!

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Two rescued California sea otter pups have new homes in Oregon

Two rescued California sea otter pups have new homes in Oregon | Real Estate | Scoop.it
Oswald and Juno were discovered abandoned on beaches along California's coastline. They now have new homes at the Oregon Coast Aquarium and the Oregon Zoo. (Two rescued California sea otter pups have new homes in Oregon.
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Everybody needs a place to call 'Home"

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Companies ease difficulty, stress of moving to new home - The Spokesman Review

Companies ease difficulty, stress of moving to new home - The Spokesman Review | Real Estate | Scoop.it
Companies ease difficulty, stress of moving to new home
The Spokesman Review
By evening, he and his wife, Sophia, were in their new retirement home, which was fully unpacked and arranged with fresh tulips on the table and dinner waiting.
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elder moving services

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Southern California median home price jumped to $400000 in March - Los Angeles Times

Southern California median home price jumped to $400000 in March - Los Angeles Times | Real Estate | Scoop.it
SFGate Southern California median home price jumped to $400000 in March Los Angeles Times The median price of a house sold in Southern California rose from $383,000 in February to $400,000 in March, the market's highest level since February 2008,...
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I can "appreciate" that!

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Fannie-Freddie Elimination Model Seen With Apartments: Mortgages - Businessweek

Fannie-Freddie Elimination Model Seen With Apartments: Mortgages - Businessweek | Real Estate | Scoop.it
Fannie-Freddie Elimination Model Seen With Apartments: Mortgages
Businessweek
Fannie Mae and Freddie Mac were established to boost homeownership by making mortgages more available for low- and moderate-income borrowers.
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Did you know?

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Locals priced out by $24 billion Chinese property splurge - Sydney Morning Herald

Locals priced out by $24 billion Chinese property splurge - Sydney Morning Herald | Real Estate | Scoop.it
Sydney Morning Herald Locals priced out by $24 billion Chinese property splurge Sydney Morning Herald Chinese buyers are spending $5.4 billion a year on Australian properties, Credit Suisse said, with the split relatively even between new settlers...
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Home Sales Down 4 Percent in Fourth Quarter - Memphis Daily News

Home Sales Down 4 Percent in Fourth Quarter - Memphis Daily News | Real Estate | Scoop.it
Home Sales Down 4 Percent in Fourth Quarter
Memphis Daily News
Shelby County home sales slowed in the fourth quarter when compared to the same three-month period in 2012. Shelby County recorded 3,598 home sales in the quarter that ended Dec.
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Researching possible areas to invest...Memphis anyone?

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Rescooped by Glynda Woolam from @The Convergence of ICT & Distributed Renewable Energy
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CA: Lancaster's state-approved ordinance mandates solar for new homes | The Civic Bee

CA: Lancaster's state-approved ordinance mandates solar for new homes | The Civic Bee | Real Estate | Scoop.it

The city announced Thursday that the California Energy Commission approved the city’s locally adopted energy standards, making Lancaster the first city in the nation to make residential solar mandatory.

 

Given authority by the CEC to enforce the ordinance, Lancaster now requires single family residential units – built after Jan. 1, 2014 – to provide an average of 1 kilowatt (kW) of solar-generated electricity per housing unit.

 

“We continue to aggressively pursue net-zero status, and this approval by the CEC proves we are indeed on the right path,” Lancaster Mayor R. Rex Parris said in a city news release. “Requiring solar power assets for new residential construction in the coming years will bring Lancaster one huge step closer to becoming the Alternative Energy Capital of the World, while providing new homeowners with earth-friendly and cost-effective benefits.”

 

Lancaster’s Residential Zoning Ordinance was comprehensively revised to require new home builders to meet the aggregate energy generation requirement within a production subdivision, though solar energy systems do not have to be on every home [* SEE DEC. 30-2013 ENDNOTE], according to the news release.

 

Approved on Dec. 11 by the CEC, the new ordinance was adopted by the Lancaster City Council in March 2013, which approved the implemention of solar energy systems into new residential construction.

 

At its Oct. 22 meeting, the City Council unanimously adopted another ordinance that amended the 2013 edition of the California Building Standards Code, placing those standards within the Lancaster Municipal Code.

 

Click headline to read more--


Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Getting 'green' in CA

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Carney Family Receives New Home After Losing House To Tornado - News On 6

Carney Family Receives New Home After Losing House To Tornado - News On 6 | Real Estate | Scoop.it
Carney Family Receives New Home After Losing House To Tornado
News On 6
But now, they have a new place to call home. Central Oklahoma Habitat for Humanity and Hobby Lobby teamed up to give the family a new house.
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Love this story

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Bank of America to pay Freddie Mac $404 million in mortgage settlement - Reuters

Bank of America to pay Freddie Mac $404 million in mortgage settlement - Reuters | Real Estate | Scoop.it
Bank of America to pay Freddie Mac $404 million in mortgage settlement Reuters (Reuters) - Bank of America Corp will pay $404 million to Freddie Mac to resolve all repurchase liabilities on home loans sold to the government-controlled mortgage...
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ahhhhh

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Home Sales Starting To Cool; 'Bidding Wars' Waning - Mortgageorb

Home Sales Starting To Cool; 'Bidding Wars' Waning - Mortgageorb | Real Estate | Scoop.it
Mortgageorb Home Sales Starting To Cool; 'Bidding Wars' Waning Mortgageorb With home prices and interest rates rising, inventories increasing, and demand from institutional investors falling - not to mention new regulations taking effect in January...
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Interesting

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