Fort Irwin 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 ...

  Comment?

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

Local Headlines

• Candidates' silence speaks volumes

  Yesterday | via San Bernardino County Sun 

  You're running for the highest office in the land, the economy is in the toilet and your plan to save it is ... what? The silence from John McCain and Barack Obama on the economy is as disturbing as it is ...

  Comment?

  Related Topix: US Politics, John McCain, US News, Barack Obama, Home, Mortgage, Foreclosures, Opinion

• Increase in home mortgage defaults slows

  Tuesday | via The Press-Enterprise 

  Home mortgage defaults in California increased less dramatically in the second quarter of 2008 than in the first quarter and Riverside County even saw a quarter-to-quarter leveling off in default notices, the ...

  Comment?

  Related Topix: Riverside County, CA, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, San Bernardino County, CA

• Two more arrests in San Bernadino fraud case

  Tuesday | via Mortgage Fraud News 

  In the following press release The San Bernardino County District Attorney's Office announced it has filed charges against Gregory Craig Sandoval , 25, and Souha Nabil Traboulsi , 40, both of Los Angeles , for ...

  Comment?

  Related Topix: San Bernardino County, CA, Mortgage, Home, Valley Village, CA

• : Foreclosures triple in SB County

  Tuesday | via San Bernardino County Sun 

  A report released today said home foreclosures soared in the second quarter of this year, tripling in San Bernardino County and more than doubling in Riverside County when compared to the same period in 2007.

  Comment?

  Related Topix: Foreclosures, San Bernardino County, CA, Riverside County, CA, Mortgage, Home

• 4 arrested in raids on suspected Southland pot operations

  Tuesday Jul 22 | via Los Angeles Times 

  In Southern California's tough real estate market, federal authorities allege that one Asian crime group thought that it had found a way to make suburban tract homes profitable: clandestine indoor marijuana ...

  Comment?

  Related Topix: Real Estate, Drug Enforcement Administration

Regional Headlines

• Merced Sun-Star: Governor takes bold action

  5 hrs ago | via Los Banos Enterprise 

  Gov. Arnold Schwarzenegger appears to have taken a bold step in finding a solution to one segment of the state's housing crisis.

  Comment?

  Related Topix: Arnold Schwarzenegger, Merced Metro, Merced, CA, California, California Government, Home, Mortgage

• Home sales in June plunge 2.6%, a 10-year low, but West sees rise /...

  8 hrs ago | via SFGate 

  With an already huge glut of homes on the market, median prices fell compared with a year ago and analysts predicted prices would keep falling until next spring as tighter credit, a slipping job market and ...

  Comment?

  Related Topix: Housing, Real Estate, Foreclosures, California

• Foreclosure Effect on Renters

  Monday Jul 14 | via Voice of San Diego 

  I've been meaning to post this stat for a while. One-quarter of all foreclosed single-family homes in the state are occupied by renters, the California Apartment Association estimates.

  Comment?

  Related Topix: Foreclosures, California Government, California

• Report: Grand jury investigating subprime lenders

  19 hrs ago | via The Record 

  A federal grand jury reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial Corp., New Century Financial Corp.

  Comment?

  Related Topix: Financial Services, Countrywide Financial, Home, Mortgage, California

• Don't Let Them Slash Your Credit-Card Limits

  22 hrs ago | via WTVF Nashville 

  As big banks such as Wachovia, Citigroup and Bank of America continue to post multimillion-dollar writedowns to cover mortgage loan losses and other bad investments, credit-card holders are increasingly getting ...

  Comment?

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

National Headlines

• Washington Mutual Bond Risk Rises as Credit-Default Swaps Climb to Record

  1 min ago | via Bloomberg Business News 

  The cost to protect Washington Mutual Inc. bonds from default rose for a third day to a record amid concern that the biggest U.S. savings and loan won't be able to weather the worst housing crisis since the ...

  Comment?

  Related Topix: Financial Services, Stamford, CT, Stamford Metro, New Haven Metro, Financial Markets, Home, Mortgage

• Foreclosure Filings More Than Double

  1 min ago | via KNBC Los Angeles Channel 4 

  The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.

  Comment?

  Related Topix: Irvine, CA, Stockton Metro, Stockton, CA, Housing, Foreclosures

• Housing rescue on track to pass Senate by Saturday

  2 min ago | via WAND-TV Decatur 

  The Senate has cleared the last hurdle to passing a massive housing rescue bill.

  Comment?

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

• Michigan ranks 7th in foreclosures

  3 min ago | via MLive.com 

  Michigan ranked seventh in the country in foreclosures during the second quarter of this year, according to data released July 25 by RealtyTrac.

  Comment?

  Related Topix: Foreclosures, Stockton, CA, Stockton Metro

• More people are out of work than expected this month

  5 min ago | via WBIR-TV Knoxville 

  A domino effect on Wall Street. A down day triggered by dismal earnings posted by Ford, a steep drop in existing home sales, and a spike in jobless claims.

  Comment?

  Related Topix: Home, Home Selling, Housing, Ford, Mortgage