Duarte Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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

Local Headlines

• Median home prices fall by 6.1% in county

  4 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

• A new low in the high life

  23 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.

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  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.

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

• House Hunt: For Some, Now May Be the Right Time

  Thursday | via Hispanic Business 

  Hispanics are expected to drive the first-time homebuyer market in the coming decade.

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  Related Topix: Home Buying, Home, Mortgage, Real Estate, Los Angeles County, CA

• Home foreclosures hit record high

  Thursday | via LA Daily News 

  Home foreclosures across the San Fernando Valley hit another record high during the year's second quarter as the housing crisis intensified, a research center said today. 1 comment

  Related Topix: Glendale, CA, Calabasas, CA, Northridge, CA, Education, Housing, Los Angeles County, CA

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.

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  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.

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  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 ...

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  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 ...

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

National Headlines

• U.S. Congress passes mortgage aid for 400,000 struggling homeowners

  2 min ago | via Penticton Herald 

  U.S. Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

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

• FDIC closes First Heritage Bank

  3 min ago | via Taipei Times 

  WILD WEST: The 28 bank branches in Nevada, Arizona and California will reopen as Mutual of Omaha Bank branches X with the full amount of deposits insured AP, CARSON CITY, NEVADA Sunday, Jul 27, 2008, Page 11 ...

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  Related Topix: Scottsdale, AZ, Foreclosures, Arizona, Arizona Government

• Housing rescue bill heads to Bush for signature

  3 min ago | via My West Texas 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

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  Related Topix: George Bush, US Politics, US News, 2008 Presidential Election, Foreclosures, Home, Mortgage

• Congress passes housing rescue bill

  3 min ago | via KATU-TV Portland 

  Congress has passed a housing rescue bill aimed at sparing 400,000 struggling homeowners from foreclosure.

  Comment?

  Related Topix: US News, Foreclosures, US Politics, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• Building wealth : Not yet time to relax

  3 min ago | via The New Zealand Herald 

  Many homeowners and potential buyers may have thought they could breathe a sigh of relief after the Reserve Bank cut the official cash rate last week for the first time in five years.

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  Related Topix: Oceania, New Zealand, World News, Mortgage, Home