Lancaster Real Estate News

L.A. County home sales up during November compared to last year

2 hrs ago | via LA Daily News 

Home sales in Los Angeles County rose 7.2 percent in November compared to the same time last year, but were down 10.8 percent from the previous month, according to figures released Tuesday. 1 comment

Related Topix: Housing, Los Angeles County, CA, Real Estate, Orange County, CA

2 hrs ago | via People's Daily Online 

Home sales increased 26.3 percent in November in the U.S. State of California, compared to the same month a year ago, but were down 14.8 percent from the previous month, according to figures released on Tuesday.

Related Topix: Housing, Real Estate, Los Angeles County, CA

Monday | via Los Angeles Business Journal Online - business news and information for Los Angeles California 

Unable to repair a loan portfolio filled with billions of dollars in decaying adjustable-rate mortgages, FirstFed Financial Corp., one of L.A.'s oldest and largest financial institutions, was closed late Friday by federal and state regulators.

Related Topix: Firstfed Financial Corporation, Banking, Financial Services, Home, Mortgage, Mortgage, Personal Finance, Los Angeles County, CA, Pasadena, CA, Santa Monica, CA

Thursday Dec 17 | via Desert Sun 

RIVERSIDE - Foreclosure sales in Riverside County dropped by double digits last month as more financially strapped homeowners took advantage of government-brokered loan modifications, a real estate tracking firm reported Wednesday.

Related Topix: Foreclosures, Riverside County, CA, Los Angeles County, CA, San Bernardino County, CA

LA County home sales climb 24%

Tuesday Dec 15 | via LA Daily News 

Home sales in Los Angeles County rose by 24.2 percent in November, compared to the same month a year ago, but prices fell by 3.2 percent, a real estate information service reported today. 4 comments

Related Topix: Housing, Los Angeles County, CA, La-Jolla, CA, San Diego, CA, La Jolla Pharmaceutical, Biotech, Medicine, Healthcare Industry

8 hrs ago | via Los Angeles Business 

The unsold inventory index -- the number of months needed to deplete the supply of homes on the market at the current sales rate -- in November was 4.5 months, down from 7.1 months for the same period a year ago, according to a report Tuesday by the California Association of Realtors .

Related Topix: California, Real Estate, Housing, Los Altos, CA

11 hrs ago | via MSNBC 

New data on the housing market indicates the industry is making more movement towards climbing out of the economic abyss.

Related Topix: Housing, Home Selling, Home, Real Estate, California

11 hrs ago | via Housing Wire 

While existing-home sales were up 7.4% amid a surge of last-minute first-time homebuyers looking to close on purchases before the original expiration of the $8,000 tax credit, the national housing inventory hit a nearly four year low, according to the National Association of Realtors .

Related Topix: Home Selling, Home, Housing, Real Estate, California

11 hrs ago | via The LookOut news 

December 22, 2009 -- After 80 years in business, First Federal Bank of California is no more.

Related Topix: California, Home, Mortgage, Mortgage, Personal Finance

20 hrs ago | via SF Gate 

When borrowers get into financial trouble, lenders have several ways to help. They can offer grace periods, longer repayment schedules, lower interest rates or reduced balances.

Related Topix: Foreclosures, Home, Mortgage, California, Business News

8 min ago | via NAFCU 

Dec. 23, 2009 - The Home Mortgage Disclosure Act asset-size exemption for credit unions and others required to report mortgage activity will remain at $39 million for 2010, the Federal Reserve Board said Tuesday.

Related Topix: Mortgage, Home

9 min ago | via NAFCU 

Dec. 23, 2009 - Sales of existing homes surged 7.4 percent to an annualized 6.54 million units, seasonally adjusted, and some recurrence is expected in 2010 given Congress's recent extension of a homebuyer's tax credit, a NAFCU economist said Tuesday.

Related Topix: Home Selling, Home, Housing, Foreclosures

9 min ago | via Newsday 

The Commerce Department's report on November's new home sales is forecast to show a 2.3 percent increase to a seasonally adjusted annual rate of 440,000, from 430,000 in October, according to economists polled by Thomson Reuters.

Related Topix: Housing

10 min ago | via Times Union 

The federal tax credit for first-time buyers sparked a rush to buy homes in November, boosting property sales across the Capital Region.

Related Topix: Housing, Real Estate, Home, Mortgage, Albany, NY

10 min ago | via Manawatu Evening Standard 

Sales of previously owned US homes jumped to the highest level in nearly three years last month, the latest sign the economic recovery was gaining steam after growing below expectations in the third quarter.

Related Topix: Housing, Real Estate, Home, Home Selling, Nashville, TN