Blog
Reporting: Slipping home prices won’t last
Tue, 04 Feb 2014
Despite recent softening, Bakersfield’s single-family home market will likely see price increases in the 12 percent to 15 percent range this year as previously foreclosed homeowners look to buy houses again, a leading local observer predicted T..[read more]
Do Real Estate Prices Influence Super Bowl Appearances?
Sat, 01 Feb 2014
The 10 NFL teams that have appeared in the Super Bowl the most, seven are from cities with high median home prices, when compared to the national median home price. The opposite is also true; the 10 teams that have … [read more]
Tejon Ranch officials reveal 16 retailers at Outlets
Wed, 11 Dec 2013
Tuesday, Dec 10 2013 05:17 PM Tejon Ranch Company officials on Tuesday revealed 16 of the 70 retailers coming to The Outlets at Tejon Ranch, when the first phase of the 320,000-square-foot, $90 million shopping center opens Aug. 7. The …[read more]
Real estate experts say local ‘mini-bubble is over’
Tue, 12 Nov 2013
BAKERSFIELD, Calif. (KBAK/KBFX) ‘ The real estate market in Bakersfield is “in recovery” and trending toward “stabilizing prices.” That’s the view of long-time analyst Gary Crabtree. He said the market is changing from a..[read more]
Is FHA able to endorse single-family loans if the government shuts down?
Tue, 01 Oct 2013
FHA LOANS WILL STILL BE PROCESSED BYT WITH LESS WORKFORCE SO EXPECT A DELAYS. The mortgage market took the time to dig through the Department of Housing and Urban Development’s contingency plan for dealing with a government shutdown last week. …..[read more]
Clear Capital(R): Bakersfield, CA Tops Metros With Largest Projected Gains Through Last Half of the Year. Really.
Wed, 17 Jul 2013
Las Vegas Projected to Lead Metros With Total 2013 Price Growth. TRUCKEE, Calif., July 2, 2013 (GLOBE NEWSWIRE) — Clear Capital (www.ClearCapital.com), the premium provider of data and solutions for real estate asset valuation and collateral ri..[read more]
All-Cash Offers: Healthy for Real Estate Market, or a Hindrance?
Mon, 01 Jul 2013
With many pointing to the housing market as the backbone of the economic recovery, investors are flooding the market with all-cash offers and it’s squeezing out many traditional homebuyers. “People are worried about the returns on alterna..[read more]
Investors have swooped in ‘ quickly
Sun, 28 Apr 2013
Many had little or no presence here before the bust. But they have quickly become some of Kern County’s biggest homeowners. What distinguishes them now is how long they plan to keep their money here. While there is still plenty … Continue..[read more]
Spring Home Improvements: Repair, Replace, Enjoy!
Tue, 23 Apr 2013
Spring Home Improvements: Repair, Replace, Enjoy!. With memories of snow and cold fading, it’s time to remind home owners to take stock of important work to be done for themselves and potential buyers down the road. Keeping on track with … Cont..[read more]
More demand, less supply pushes Bakersfield home prices up 3 percent
Fri, 05 Apr 2013
Lower supply and higher demand drove up Bakersfield home prices another 3 percent last month, according to the latest housing report from local appraiser Gary Crabtree. Active listings of single-family homes in the city declined by almost 12 percent ..[read more]
