Brea Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

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

Local Headlines

• Financial Times: US builders forced to sell off holdings

  18 hrs ago | via Calculated Risk 

  From the Financial Times: US builders forced to sell off holdings Demand for new homes on the outskirts of US towns has fallen spectacularly in the last three years, while foreclosures and speculative building ...

  Comment?

  Related Topix: Foreclosures

• CapitalSource Bank set to debut July 25

  Friday | via Washington Business Journal 

  CapitalSource Inc. cleared the final hurdle in its bid to enter the retail banking business.

  Comment?

  Related Topix: Financial Services, CapitalSource, Home, Mortgage, Mortgage, Personal Finance, Brea, CA

• Southland home prices plunge

  Thursday | via San Gabriel Valley Tribune 

  Southern California's housing woes continued in June as prices plunged more than 29 percent from a year earlier and sales remained at a two-decade low, an industry tracker said Wednesday. 4 comments

  Related Topix: Los Angeles Metro, Orange County, CA, Orange County Metro, Riverside County, CA, Housing

• June gloom: Housing prices drop 29.3%

  Thursday Jul 17 | via San Diego Union-Tribune 

  The median home price in Southern California was down 29.3 percent from a year earlier to $355,000 last month, pushed downward by an unprecedented volume of foreclosure homes selling at a discount, DataQuick ...

  Comment?

  Related Topix: San Bernardino County, CA, Los Angeles Metro, Orange County, CA, Orange County Metro, Housing, San Diego County, CA

• Southern California home prices plunge nearly 30%

  Thursday Jul 17 | via LA Daily News 

  SEARCH: See how many homes entered foreclosure in your community since January 2008 with our Foreclosure Database Southern California's housing travails continued in June as prices plunged 29 percent from a ... 16 comments

  Related Topix: Los Angeles Metro, Orange County, CA, Orange County Metro, Housing, Pasadena, CA

Regional Headlines

• Cash challenged? Cry uncle

  2 hrs ago | via Chicago Tribune 

  Two little-known federal programs may hold the answer for would-be home buyers who don't have money for a down payment or don't have money left after closing to update their properties.

  Comment?

  Related Topix: Agriculture, Science, Home Buying, Home, California, UC Riverside, University of California System, UC San Diego, Mortgage

• Calif. To Be Hit Hard Among Nation's 1 Million Foreclosures

  17 hrs ago | via NBC Channel 11 

  A forecast released Friday has predicted that 1 million homes will be in foreclosure nationwide by the end of the year. 10 comments

  Related Topix: California, California Government, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Home Listing

• Inland rents start to level off, report says

  Yesterday | via The Press-Enterprise 

  After coping with years of strong rent growth, Inland Southern California apartment dwellers are getting relief.

  Comment?

  Related Topix: California, Riverside County, CA, San Bernardino County, CA, Housing, UC Riverside, University of California System, San Bernardino, CA

• Solar-powered homes give builder an edge

  Yesterday | via Lake Elsinore Valley News 

  Challenged with selling new homes in a tough residential real estate market, Woodside Homes has partnered with solar panel giant SunPower Corp., Southern California Edison and the makers of energy-efficient ...

  Comment?

  Related Topix: Housing, Energy, California, Temecula, CA

• No housing bubble in Canada: Flaherty

  Yesterday | via National Post 

  Federal Finance Minister Jim Flaherty shrugged off housing worries in Canada Wednesday, saying there is no bubble and that the subprime-mortgage woes crippling financial institutions in the United States are ...

  Comment?

  Related Topix: Commerce (Texas A&M University System), Texas A&M University System, Home, Mortgage, Mortgage, Personal Finance, California

National Headlines

• Report paints gloomy picture

  17 min ago | via Shropshire Star 

  Ask yourself this question: What is Ludlow best known for? Your answer will probably include a few of the following: Fantastic restaurants, a beautiful castle, glorious countryside, vibrant festivals and a rich ...

  Comment?

  Related Topix: Mortgage, Home

• Bush: Congress could take steps to ease gas prices

  18 min ago | via Alaska Journal of Commerce 

  Responding to Americans' anger over gas prices and the housing bust, President Bush is stepping up pressure on Congress to open up offshore oil exploration and work to restore confidence in the housing finance ...

  Comment?

  Related Topix: George Bush, Foreclosures, US News, Housing, US Politics, US Senate, Patty Murray, Democrat, Home, Mortgage

• Property cools in capital with glum economy

  21 min ago | via Viet Nam News 

  Certain sectors of the Ha Noi real estate markets have cooled over the past few months as a result of the global economic slowdown, domestic inflation and limited liquidity on the market driven by high interest ...

  Comment?

  Related Topix: Home, Mortgage, Ha Tay, Vietnam, World News, Ha Noi, Vietnam, Vietnam

• Why would Fed delay revision of rules?

  26 min ago | via Dispatch.com 

  The Federal Reserve Board has signed off on new rules to help the rising tide of mortgage delinquencies by barring lenders from making loans without proof of a borrower's income and requiring lenders to ensure ...

  Comment?

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

• No slowdown for the downtown

  28 min ago | via Edmonton Sun 

  As executive director of the Downtown Business Association of Edmonton, it's a given Jim Taylor would be revved up about the city's core.

  Comment?

  Related Topix: University of Houston System, Downtown (University of Houston System), Housing, Arlington (University of Texas System), University of Texas System, Canada, Edmonton, AB, Alberta, Opinion