Burbank Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• Median home prices fall by 6.1% in county

  3 hrs ago | via Pasadena Star-News 

  Los Angeles County's median home price fell 6.1 percent last month to $396,560 and was off a record 32.3 percent from a year earlier, the California Association of Realtors reported Friday.

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  Related Topix: Los Angeles County, CA, Real Estate, California, San Gabriel, CA, Hacienda Heights, CA

• Thumbnail

  6 hrs ago | via Burbank Leader 

  Home prices in Burbank and Glendale plummeted more than 12% in June as foreclosures soared in the second quarter this year, an ominous sign of the region's worsening financial state, officials said Wednesday.

  Comment?

  Related Topix: Glendale, CA, Housing, Burbank, CA, Foreclosures

• A new low in the high life

  22 hrs ago | via Arizona Daily Sun 

  A couple of front-page stories in Tuesday's papers -- one from the East Coast, the other from the West -- frame a pretty effective portrait of these United States in this election year.

  Comment?

  Related Topix: Housing, Foreclosures, Los Angeles County, CA, San Bernardino, CA, Home Listing, Home, Opinion

• Mosquito reports soar after article

  Yesterday | via The Signal 

  Canyon Country residents Thursday reported a surge in both the number of "green pools" and of mosquitoes following initial reports of countywide efforts to stop the spread of West Nile virus.

  Comment?

  Related Topix: Canyon Country, CA, Los Angeles County, CA, Epidemic, Natural Disasters, Real Estate

• New Technology Changes the Insurance and Financial Industry

  Yesterday | via Press Release News From 24-7 Press Release 

  PDFeApps is secure, downloadable PDF application technology in conjunction with a web based Document Management System for the submittal and retrieval of a company's new business applications.

  Comment?

  Related Topix: Burbank, CA, Mortgage, Personal Finance, Home, Mortgage

Regional Headlines

• State home sales up 18%

  3 hrs ago | via LA Daily News 

  Home sales across California jumped nearly 18 percent during June compared with a year earlier as discounted foreclosures lured buyers back into the real-estate market, a trade association said Friday.

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  Related Topix: Los Angeles Metro, Los Angeles Metro, Housing, California, Real Estate, Foreclosures

• L.A. home sales up 1.7% in June

  15 hrs ago | via Daily Breeze 

  Home sales rose 1.7 percent in the Los Angeles area in June, compared with the same period a year ago, while the median home price fell 32.3 percent to $396,560, according to figures released today.

  Comment?

  Related Topix: Real Estate, Los Angeles Metro, Los Angeles Metro, Housing, California, Orange County Metro

• East West impacted by housing crisis

  17 hrs ago | via San Gabriel Valley Tribune 

  East West Bancorp, Inc. on Friday reported a $25.9 million loss for the second quarter, the bank's first shortfall since 1981.

  Comment?

  Related Topix: California, Home, Mortgage, Financial Services, IndyMac Bancorp, Banking, East West Bancorp

• Second quarter foreclosures up 121%

  22 hrs ago | via San Jose Business Journal 

  Foreclosure filings were reported on 739,714 U.S. properties during the second quarter, nearly 14 percent up from the previous quarter and 121 percent higher than the year-ago quarter, according to a report ...

  Comment?

  Related Topix: Foreclosures, California, Stockton Metro, San Bernardino, CA, Bakersfield Metro, Bakersfield, CA

• California home sales in June up 17.5%, unsold inventory index drops to 7.7 months

  Yesterday | via San Jose Business Journal 

  As sales increased 17.5 percent in June, the unsold inventory index for existing homes in California during the month dropped to 7.7 months from 10.2 months for the same period a year ago, according to a report ...

  Comment?

  Related Topix: Real Estate, Housing, California, Santa Clara County, CA, Monterey County, CA

National Headlines

• Bill heads to Bush for signature

  2 min ago | via WSJV-TV South Bend 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

  Comment?

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

• Two more U.S. banks fail

  2 min ago | via John Dvorak 

  Federal regulators have closed two small Western banks, bringing to seven the number of U.S. banks that have failed this year.

  Comment?

  Related Topix: Scottsdale, AZ, Financial Services, Foreclosures, Housing, Home, Mortgage

• Housing Stimulus Package to Stabilize Neighborhoods, Attract New Capital to Communities: LISC

  2 min ago | via The South Mississippi Sun Herald 

  The Housing and Economic Recovery Act of 2008 will help stabilize disinvested neighborhoods, offer relief to families stung by the foreclosure crisis and attract new capital to affordable housing developments ...

  Comment?

  Related Topix: Foreclosures

• Apartment Industry Commends Congress For Learning From Past Mistakes...

  3 min ago | via The South Mississippi Sun Herald 

  The National Multi Housing Council /National Apartment Association joint legislative program issued the following statement by NMHC/NAA Senior Vice President of Government Affairs Jim Arbury concerning the ...

  Comment?

  Related Topix: George Bush, US News, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• How they voted: Senate roll call on housing bill

  3 min ago | via The Oregonian 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

  Comment?

  Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance, US Politics, US News