January - 2017

Great February Events In San Diego

Museum Month: Half-Off Admission Presented by Macy's, San Diego Museum Month invites everyone to enjoy half-off entry fees at 40+ museums throughout the county for the all of February. Date: Feb 1 - Feb 28, 2017 Time: refer to website Price: Museum admission prices vary Location: refer to website For more info. visit Museum Month Valentine's Week Sunset Whale Watching Cruises Sail aboard with 50' foot, 49 passenger beautifully equipped, one level, fast catamaran. Thi

Report: Multifamily Marketplace Outlook 2017

RISMEDIA, Wednesday, January 18, 2017— The multifamily marketplace will continue to be propelled by growth in property values and rents in 2017, according to Yardi® Matrix's recently released Market Outlook report. The report, "Can the Good Times Keep Rolling?" projects that multifamily market fundamentals in most metropolitan areas will remain positive, even as rental growth slows. "2017 is shaping up to be the biggest year for new supply since the financial crisis," the

Survey: New Home Applications in 2016 Show Promise

RISMEDIA, Wednesday, January 18, 2017— New single-family home mortgage applications increased every month of 2016—a barometer of single-family starts in the coming year, according to the Mortgage Bankers Association (MBA) Builder Applications Survey (BAS). New single-family mortgage applications increased 2 percent from December 2015 to December 2016, indicating approximately a 10 percent growth in single-family starts in 2017. "Mortgage applications for new single-family h

Who's Living Paycheck to Paycheck—and Who Isn't

RISMEDIA, Wednesday, January 18, 2017— Living paycheck to paycheck is a harsh reality for many Americans, whose expenses—including housing—sap any hope of disposable income. According to a recent study by GOBankingRates, the paycheck-to-paycheck lifestyle is most common in California, Hawaii and New York, and least common in Arkansas, Mississippi and Oklahoma. States Most Likely to Have Residents Living Paycheck to Paycheck 1. Hawaii Median Paycheck: $2,826 Disposable

Looking to Save? Here's How to Find the Best HVAC Company

Looking to Save? Here's How to Find the Best HVAC Company

RISMEDIA, Wednesday, January 18, 2017— If you live in a region where temperature changes continue through the winter and summer seasons, chances are you may be experiencing higher energy usage year round, and along with it, larger energy bills. But it's a price you're willing to pay to stay comfortable throughout the year, right? The reality is, you're not the only one. Just looking at the peak summer months, air conditioning alone accounts for about half of the nation's ener

'Preserving the Middle Class': Outgoing HUD Secretary Castro on Housing

RISMEDIA, Friday, January 06, 2017— Outgoing Department of Housing and Urban Development (HUD) Secretary Julián Castro recently released an exit memo recognizing the agency's efforts under the Obama Administration, summing up its missive in words every disenfranchised American Dreamer strives for: "HUD provides a passport to the middle class." The memo, "Housing as a Platform for Opportunity," acknowledged several housing initiatives undertaken since 2008, as well as issue

Mortgage Rates Take 'Breather' from Year-End Sprint

RISMEDIA, Friday, January 06, 2017— Mortgage rates on average took a 'breather' from their year-end sprint this week, with the 30-year fixed-rate mortgage averaging 4.20 percent with an average 0.5 point, down from last week's 4.32 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey® (PMMS®). "The 30-year mortgage rate fell this week for the first time since the presidential election, dropping 12 basis points to 4.20 percent," says Sean Bec

Bob Hope's UFO Home Sells for $13 Million

Bob Hope's UFO Home Sells for $13 Million

RISMEDIA, Friday, January 06, 2017— Bob Hope's house sold for $13 million. Having gone through a couple of price cuts over the last three years, the most recent cut lowered the ask to $25 million. But with no comps available, how does one actually price a concrete spaceship? Seems that when $25 million was thrown at the wall, $13 million stuck. The Palm Springs spaceship/volcano house, designed for Bob and Dolores Hope by John Lautner in 1973, needed a buyer with deep po

Homebuyers Scramble in Year-End Spree

RISMEDIA, Friday, January 06, 2017— Homebuyers are scrambling in a year-end spree to snap up inventory, with for-sale homes moving 5 percent faster than this time last year, according to a data preview from realtor.com®. "We saw evidence of a stronger-than-normal off-season in September and October due to pent-up demand and surging interest from first-time buyers," says Jonathan Smoke, chief economist of realtor.com. "Since the election, demand seems to have intensified, p

Is the Bubble Out West about to Burst?

Is the Bubble Out West about to Burst?

RISMEDIA, Friday, January 06, 2017— Home prices in San Jose, Calif.—one of the nation's leading markets since the bust—posted negative 0.3 percent last quarter, marking the area's first foray into the red in five years with currently the lowest quarterly growth rate in the country, according to Clear Capital's recent Home Data Index (HDI) Market Report. With the San Jose area leading price movement in California, is the bubble out West about to burst? "San Jose going nega

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