Southern California Real Estate News You Can Use

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$479,950.00
1639 Via Estrella

Pomona, CA 91768



Beds: 4 Rooms: 0
Full Baths: 3 Sq. Ft.: 2185
Garage: 2 Built: 1986
 

Beautiful, spacious townhome in very desirable Mountain Meadows can be yours! This highly sought after gated community is situated amongst rolling hills, has peaceful views and located across from the Mountain Meadows Golf Course, Bonelli Park, walking distance to quality dining , the fairgrounds (Fairplex), plus quick and easy access to the 10, 210, 60, 57 and 71 Freeways. The home is bright, clean, and freshly painted. There are 4 bedrooms and 3 bathrooms featuring two master suites and a bedroom and bath downstairs. Tile entry leads to the large formal dining room that will easily accommodate a large dining table, hutch and buffet etc. The formal living room has built in cabinets, a wet bar and a fireplace (perfect for the holidays!). The family room also features a fireplace and oak wood floors, vaulted ceilings and is open to the kitchen which features a long breakfast bar, loads of cabinets and tiled kitchen counter tops. Upstairs there is a master suite with a window seat, another nice size bedroom and a spacious master suite with a roomy walk-in closet...you can enjoy a nice soak after a hard day's work in your jetted tub, or maybe a quick shower which is separate; the sink area also has dual sinks and a lot of cabinets. The yard is low maintenance with a large patio and accent lighting and is perfect for entertaining and those summer barbecues. Priced to sell! Call for an appointment now!
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Leanne Noble
Noble Real Estate
9096122116
www.noblerealestate.com



 
  Visit this listing here
Posted by Leanne Noble on November 20th, 2015 12:22 AM

Looks like there will be Higher Mortgage Interest Rates This Year!

For those of you seriously considering purchasing a home in the near future, it would be more prudent to do so earlier in the year versus later.  Please read the Feds position on raising the interest rates this year below. 

http://www.housingwire.com/articles/33981-yellen-if-economic-improvement-continues-fed-will-raise-rates-in-2015

If you have any questions or we can be of any assistance, please call or text us at 909 292-8259…. Thanks and have a great day!

Posted in:General
Posted by Leanne Noble on May 22nd, 2015 4:50 PM
This maybe the last extension of the HARP and HAMP programs...

FHFA Announces Extension of HARP and HAMP Until the End of 2016

The government's Home Affordable Refinance Program (HARP) and Home Affordable Modification Program (HAMP) will be extended until the end of 2016, according to an announcement [2] from FHFA Director Mel Watt on Friday.

Speaking at the Greenlining Institute 22nd Annual Economic Summit, Watt announced a one-year extension of the government's two affordable housing programs, which began in 2009 in response to the housing crisis. Both programs were set to expire at the end of 2015.

"Since HAMP and HARP were first launched in 2009, these programs have provided critically important relief for many borrowers by allowing them to lower their monthly payments and, as a result, have prevented many foreclosures," Watt said. "HAMP provides modifications that allow borrowers significant payment reductions that are tied to their income. This gives borrowers a more stable, affordable monthly payment and improves performance rates.  The HARP program allows borrowers, including those who are underwater on their mortgage and who are regularly making their mortgage payments, to refinance their loans to take advantage of historically low interest rates."

HARP is a program intended to help save money by lowering monthly payments for borrowers who are underwater but are regularly making mortgage payments, while HAMP is targeted toward borrowers who are delinquent and possibly facing foreclosure by providing them a modification with significantly reduced monthly payments tied to their income.

The participation rates for both programs have on the decline, partly because many borrowers are already participating in one program or the other, and partly because of recovering house prices, Watt said, but lenders and sevicers continue to approve modifications through HAMP and refinances through HARP.

"Extending HAMP and HARP through the end of 2016 will provide real relief for borrowers who continue to face challenges either paying their mortgage or refinancing their loan," Watt said.

Watt said that this will be the final extension for FHFA's participation in HAMP and he anticipates that this will be the final extension for HARP, adding that neither program was intended to be permanent.

http://dsnews.com/news/05-08-2015/watt-announces-one-year-extensions-for-harp-and-hamp
Posted in:General
Posted by Leanne Noble on May 9th, 2015 2:38 AM
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$515,888.00
11679 Pickering Way

El Monte, CA 91732



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 1322
Garage: 0 Built: 1967
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Leanne Noble
Noble Real Estate
9096122116
www.noblerealestate.com



 
  Visit this listing here
Posted by Leanne Noble on April 26th, 2015 10:52 AM
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$515,888.00
11679 PIckering Way

El Monte, CA 91732



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 1322
Garage: 2 Built: 1967
 

Wow ? Don?t Miss The Opportunity to view this Home! Located in desirable North El Monte on a double cul-de-sac street, this outstanding home has been remodeled from top to bottom! Enter through impressive double beveled glass doors to a spacious single-story home that draws you into a lovely great room with massive stone fireplace for great ambiance. A nice size dining room with entrance to a covered patio for al fresco entertaining and a lovely remodeled kitchen w/lighted cabinetry, beautiful backsplash and granites. There are three bedrooms and two baths which have been updated. This home has been well maintained, has new windows, tiled flooring, custom paint with crown molding, new interior doors and hardware etc.; there is a two car garage with additional storage and a rear yard that can accommodate a pool or shuffle board, basketball etc. Come and see it, you will be glad you did!
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Leanne Noble
Noble Real Estate
9096122116
www.noblerealestate.com



 
  Visit this listing here
Posted by Leanne Noble on April 13th, 2015 11:59 AM
Posted in:General
Posted by Leanne Noble on March 10th, 2015 9:46 AM
Make sure you install updates to your operating system often and as soon as they are available.
 
Hackers exploiting flawed program

A program that comes pre-installed on Apple Inc.’s Mac and MacBook as well as millions of other computers has a flaw that could enable hackers to take control of the computers, cybersecurity experts warned Thursday.

Hackers could gain access to everything on the computer, including “sensitive information, confidential information, intellectual property, customer data, financial data — the list goes on — including the ability to make changes,” Kyle Kennedy, chief technology officer at data security firm Stealthbits Technologies Inc., said in a statement.

The Department of Homeland Security’s computer security team also issued an alert about the bug, which cybersecurity experts said had the highest threat-level rating and required only minimal wits to exploit.

The affected program, Bash, is rarely used by anyone other than computer programmers.

It is used to write coded text commands that translate to actions on the computer, from simple things such as deleting files to complex tasks such as changing network setups. But many other software programs use Bash in the background, often without the computer user realizing.

Bash is known as a “shell program,” spawning the name “Shellshock” for the bug.

Operating systems based on Linux — including CentOS, Debian, Redhat and Ubuntu — have issued updates to begin squashing the bug, the Department of Homeland Security said. Apple, which develops the OSX operating system, didn’t immediately respond to a request for comment.

Cable boxes, routers and other Internet-connected devices also run Bash, said Chris Stoneff, director of professional services at Lieberman Software. The breadth of devices vulnerable makes the bug a juicy target for hackers, he and others said.

The security firm Bitdefender said it had already seen attacks against Internet servers Thursday, noting that the threat usually involves an automated program that tries to sneak in a malicious command to the server.

Some experts recommended encrypting sensitive files as a precaution.

http://tinyurl.com/lzg6drl
Posted in:General
Posted by Leanne Noble on October 1st, 2014 3:14 PM
Further proof that the Inland Empire (Riverside and San Bernardino Counties) are showing continuing improvement in overall real estate market.

A revival in Riverside

Construction returns at a big development stalled by the housing bust

After stalling amid the housing bust, a 1,400-home development in Riverside County is coming back to life.

An early October grand opening is set for the first phase of Spring Mountain Ranch, a 785-acre master-planned community nestled in a canyon northeast of UC Riverside.

The project — one of the largest of its kind in 20 years — represents a big bet by developer IStar Financial that the housing market in this epicenter of the foreclosure crisis has healed significantly. If the homes sell well, economists say, that could persuade others to break ground along this interior stretch, near the 215 Freeway.

“It’s a test of starting the whole Inland Empire game again,” said Gerd-Ulf Krueger, chief economist with KruegerEconomics.

Work started at Spring Mountain Ranch during last decade’s housing bubble, when builders raced to throw up new homes in Riverside and San Bernardino counties — pitching the communities as affordable havens in pricey Southern California.

But original developer RWR Homes didn’t get far. The builder constructed a few roads but not much else before work stopped in 2008 after the housing bubble imploded, said Steve Magee, an executive vice president with IStar Financial. A year later, IStar, a lender on the project, took over the property.

As the housing market improved last year, IStar secured KB Home to build houses in the project’s first phase. Model home construction started this summer.

“It’s time to build,” Magee said. “Riverside has turned around quite nicely.”

KB, the largest home builder in Southern California, plans 435 homes in two neighborhoods. The single-and two-story houses, equipped with solar panels, range from 1,854 to 3,379 square feet. They’ll start in the mid-$300,000s and buyers should be able to move in as early as spring, KB said.

The master-planned development, less than 10 miles from downtown Riverside and the local University of California campus, is located at the base of Sugarloaf and Blue mountains. IStar expects young families looking for an active lifestyle to be among potential buyers. There will be a five-acre public park, 251 acres of open space and more than six miles of trails.

As motorists pass through the adjacent community of Highgrove, signs warn them to yield to burros.

“The ... feel to us is a natural sort of Colorado-esque,” Magee said.

The project, which includes two more phases, is expected to be built over 10 years, he said.

Few regions were hit harder than Riverside and San Bernardino counties when the housing bubble popped last decade. Despite recent improvement, there’s still an overhang: The Inland Empire unemployment rate was 9.2% in July, compared with 5.7% in Orange County and 8.1% in Los Angeles County.

About 18% of Inland Empire homeowners with a mortgage still owe more on the loan than their houses are worth, compared with 9.3% across Los Angeles and Orange counties, according to Zillow. And like the larger Southern California region, Inland Empire home sales are down this year and price appreciation has slowed.

But IStar and KB see gradual recovery — in both the housing market and the local economy.

The Inland Empire is no longer awash in foreclosures, and despite a higher unemployment rate than in surrounding areas, the general trend is improving. The local logistics industry is growing and most Spring Mountain Ranch buyers will probably work in the Inland Empire, said Steve Ruffner, president of KB’s Southern California division.

“We really believe now is the time to grow into a much bigger business in the Inland Empire,” Ruffner said.

So far, however, most new construction since the downturn has risen further west than Spring Mountain, along the15 Freeway, in towns such as Eastvale, said Jeff Meyers, head of Meyers Research in Beverly Hills. Those stretches are closer to major job centers in Los Angeles and Orange counties, where the economy is more robust.

“When you get past the 15 — that becomes the artificial barrier,” Meyers said. “It’s a tougher commute.”

But Meyers predicts that barrier will grow more porous as areas near the coast grow increasingly expensive. Young families, he said, will start choosing a more affordable home with a yard over a quicker jaunt to work.

If homes at Spring Mountain Ranch sell well, other builders may follow, Krueger said.

“They will go to their money people and say: “Look, it’s east of the 15. You are worried about being too far out in the Inland Empire. Here is a successful project. Give us money.’ ”

http://tinyurl.com/nkh2nlw


Posted in:General
Posted by Leanne Noble on October 1st, 2014 3:13 PM
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$619,900.00
2318 Cordoza Avenue

Rowland Heights, CA 91748



Beds: 4 Rooms: 0
Full Baths: 2 Sq. Ft.: 1884
Garage: 3 Built: 1965
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Leanne Noble
Noble Real Estate
9096122116
www.noblerealestate.com



 
  Visit this listing here
Posted in:General
Posted by Leanne Noble on September 13th, 2014 7:48 PM
Do you agree with the proposed changes?

Waters proposes sweeping credit reporting reforms

Legislation could open credit box for millions of homebuyers

The ranking democrat on the House Financial Services Committee wants to fundamentally change the rules on how lenders report consumer payments and debts to the credit bureaus, which could create a path to homeownership for millions of Americans currently shut out by mortgage lending restrictions.

U.S. Rep. Maxine Waters, D-Calif., is introducing a bill that would eliminate medical debt from credit reporting, which accounts for more than half of all unpaid debts in collection, and which the Consumer Financial Protection Bureau found in a report issued in May is not a good indicator of people’s likelihood of repaying normal debts, because of the unusual, unexpected and high-dollar amounts involved.

The changes are part of a large shift in mortgage finance reform to open the credit box wider for potential homeowners. Federal Housing Finance Agency director Mel Watt first announced the move to support such reforms in an exclusive magazine interview with HousingWire. Fannie Mae updated the policy related to the minimum waiting periods following a preforeclosure sale or deed-in-lieu of foreclosure, making it easier for distressed borrowers to jump back into the market sooner, according to a new fact sheet.

Other changes in the Waters legislation would remove settled debts, remove negative reports after four years instead of seven, and would extend the removal of student debt defaults in private debts after a consumer makes nine consecutive, on-time payments.

The House Financial Services Committee will discuss Waters’ bill, the Fair Credit Reporting Improvement Act of 2014, on Wednesday afternoon at 2 p.m. ET.

Consumer attorneys, academic experts and credit and lending industry representatives will appear before the committee.

“Credit reports are no longer just used exclusively by lenders in making a credit decision. More and more, credit reports are used in a variety of ways, from employment decisions, to determining a consumer’s ability to rent a home, buy a car, or purchase insurance,” Waters said. “A person’s credit report is too important in determining access to a wide array of opportunities for these reports to contain inaccurate and incomplete information. This proposal addresses many of the flaws with the existing consumer reporting system, by making common-sense changes that enhance consumers’ rights, create more transparency over the consumer reporting and credit scoring process, and increase the accountability of credit reporting agencies, furnishers, and companies that develop credit scoring models and formulas.”

According to the Federal Trade Commission, one in five, or roughly 40 million consumers, have had an error on one of their credit reports.

About 10 million consumers have errors that could increase the cost of credit available to them.

The draft proposal makes vital reforms to the Fair Credit Reporting Act to protect consumers. Key provisions aside from those mentioned above include:

    Providing relief to millions of borrowers who were victimized by predatory mortgage lenders and servicers, by removing adverse information about these residential loans that are found to be unfair, deceptive, abusive, fraudulent or illegal.
    Ending the unreasonably long time periods that most adverse information can remain on a person’s credit report, shortening such periods by three years.
    Giving consumers the tools to truly verify the accuracy and completeness of their credit reports, by mandating that furnishers retain all records for as long as adverse information about these accounts remains on a person’s credit report.

Today's witnesses at the House committee include:

    Stuart Pratt, President and CEO, Consumer Data Industry Association
    J. Howard Beales, Professor of Strategic Management and Public Policy, George Washington University
    John A. Ikard, President and CEO, FirstBank Holding Company, on behalf of the American Bankers Association
    Chi Chi Wu, Staff Attorney, National Consumer Law Center


http://www.housingwire.com/articles/31316-waters-proposes-sweeping-credit-re
Posted in:General
Posted by Leanne Noble on September 12th, 2014 8:34 AM

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