Bay Area home prices marched to a fourth consecutive monthly record in June as limited supply, especially among lower-priced homes, failed to keep up with demand, according to a CoreLogic report issued Wednesday. Sales of newly built homes and condos were 35.6 percent below the long-term average for June, while resales were 3.5 percent below the month's average, the report said. The uptick in sales from a year ago was the result of an 11 percent year-over-year increase in deals above $500,000, which compensated for a 16 percent drop in sub-$500,000 sales, reflecting a very limited inventory in lower price ranges, CoreLogic research analyst Andrew Lepage said in a press release. The market continues to receive little relief from new-home construction — a potential pressure-release valve. Real estate agents say there has been some softening in prices at the upper end of the market, and in some of the new-construction condos. A study released Friday by the California Association of Realtors that covered all nine Bay Area counties said the median price hit a third consecutive monthly record in June — $908,740. [...] a company hired by the recorder’s office to make microfilm copies of recorded documents for permanent storage stopped providing that service in May, a source in the recorder’s office said. The county has hired a new company, BMI Imaging Systems, to take its place, but there was a lapse in the availability of images for about a month, its president and CEO Bill Whitney said.
NYS Entity Status
NYS Filing Date
APRIL 03, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2014 - ABOVE ALL REPAIRS, LLC
2014 - ABOVE ALL HOME IMPROVEMENTS LIMITED LIABILITY COMPANY
AROUND THE WEB
- Bay Area home prices hit another record in June
By Kathleen Pender - Wednesday Jul 26, 2017
- Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds
By GRETCHEN MORGENSON - Monday Aug 7, 2017
The Federal Reserve Bank of San Francisco is investigating the lender for not refunding car buyers who bought special insurance and repaid their loans early.
- Wells Fargo Forced Unwanted Auto Insurance on Borrowers
By GRETCHEN MORGENSON - Thursday Jul 27, 2017
An internal report shows customers with car loans had costly, unnecessary insurance tacked onto their bills, and 274,000 were pushed into delinquency.
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
- New Citizens Hold Their Heads High, 102 Floors Above New York
By LIZ ROBBINS - Tuesday Aug 15, 2017
Thirty immigrants were sworn in atop One World Trade Center, in a ceremony that featured a speech by the former U.S. attorney Preet Bharara.