Costa Mesa Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

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

Local Headlines

• Council OKs condo rentals

  22 hrs ago | via Daily Pilot - Newport Beach & Costa Mesa 

  Getting more people on the Westside to buy homes instead of renting has been a top priority for city officials, but they have experienced a setback in achieving that goal.

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  Related Topix: Costa Mesa, CA, Housing

• Southland home prices plunge

  Yesterday | 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. 3 comments

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

• June gloom: Housing prices drop 29.3%

  Thursday | 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 ...

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  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 | 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

• Is that preforeclosure really for sale?

  Thursday | via Inman Real Estate News 

  Inman News First Team adds RealtyTrac data Prospective home buyers searching for property listings at the Web site of Orange County, Calif.-based First Team Real Estate can now access information on ...

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  Related Topix: Home Listing, Home, Orange County, CA, Los Angeles Metro, Orange County Metro, Foreclosures

Regional Headlines

• Inland rents start to level off, report says

  9 hrs ago | via The Press-Enterprise 

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

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

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

  11 hrs ago | via KNBC Los Angeles Channel 4 

  A forecast released Friday has predicted that 1 million homes will be in foreclosure nationwide by the end of the year. 2 comments

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

• Solar-powered homes give builder an edge

  12 hrs ago | 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

  12 hrs ago | 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 ...

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

• Starbucks closures heaviest in California, Florida, Texas

  18 hrs ago | via WNED.org 

  California, Florida and Texas, the U.S. states with the most Starbucks Corp stores, will see the most shuttered as the coffee chain axes more than 600 underperforming outlets in the coming year.

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  Related Topix: Drink, Coffee, Restaurant Management, Starbucks, California, Laguna Beach, CA, Foreclosures

National Headlines

• Economy needs stability before regulation

  2 min ago | via The Herald 

  Economy needs stability before regulation By David Ignatius WASHINGTON -- Henry Paulson was in shirt sleeves Thursday afternoon in his office at the Treasury Department, tie loose at the collar, feet propped up ...

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

• Freddie Mac files with Us Sec, first step to capital

  5 min ago | via ABS-CBN News 

  WASHINGTON/NEW YORK - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.

  Comment?

  Related Topix: Foreclosures, Financial Services, Home, Mortgage, Mortgage, Personal Finance, Fannie Mae

• Earnings Outlook: Bank of America heads parade firms aiming to show turnaround

  1 hr ago | via MarketWatch 

  Is it turnaround time for banks? Bank of America Corp. BAC , , ) tops the list of major U.S. financial firms reporting earnings next week, and investors will be looking to see if the nation's second-largest ...

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  Related Topix: Financial Services, Banking, Bank of America, JP Morgan Chase , Financial Markets, Home, Mortgage

• Rental market not benefitting from mortgage turmoil in Valley

  3 hrs ago | via Atwater Signal 

  Record numbers of Valley families may be losing their homes to foreclosure, but they apparently are not moving into vacant apartments.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Merced County, CA, Foreclosures, Stanislaus County, CA, San Joaquin County, CA

• Welcoming foreclosure

  6 min ago | via Dispatch.com 

  Ralph Stover has good credit and a steady job. But he took out a risky interest-only first mortgage and a second mortgage to buy a new 1,900-square-foot condominium in 2003 with no money down.

  Comment?

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