WHF Real Estate

Real Estate investing and real estate news

Inland Empire

Bargain Bin Homes Fuel Housing Demand in Hardest-Hit Real Estate Markets

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Below is an excerpt from a Trulia.com 11/21/11 press release: According to the Metro Movers Index, there are six times as many “inbound” home searches to the North Port–Bradenton–Sarasota, FL metro area by outsiders than “outbound” searches by locals. The index is above 4 for the Riverside-San Bernardino-Ontario, CA metro area and around 2 for several other large Sunbelt … [Read more...] about Bargain Bin Homes Fuel Housing Demand in Hardest-Hit Real Estate Markets

Foreclosure activity subsides in December

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“I think we are seeing a little of the calm before the storm,” said Sharga. He believes foreclosures would have increased rather than declined last year if the robo-signing controversy had not disrupted the process, prompting banks to pull back until they could make sure they were in legal compliance. via REAL ESTATE: Foreclosure activity subsides in December | Breaking News | … [Read more...] about Foreclosure activity subsides in December

Life in the ghost towns

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Now, those foreclosures have been snatched up by new owners or are occupied by renters, with Trombley reporting that bank-owned properties dropped from a high of 60 percent of Victor Valley inventory in February 2009 to 29 percent this month. via Life in the ghost towns | ghost, hesperia, life - Victorville Daily Press and Life in the ghost towns … [Read more...] about Life in the ghost towns

Local redevelopment comes to screeching halt

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Redevelopment funds have helped pave Hesperia's streets, open the new branch library and downtown park, and build new fire and police stations. But future funds evaporated Thursday, after the California Supreme Court ruled that Gov. Jerry Brown and state lawmakers have the authority to eliminate redevelopment agencies and direct the property tax funds that used to flow from … [Read more...] about Local redevelopment comes to screeching halt