Glen Avon 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

• Senate to vote on housing bill today

  11 hrs ago | via Desert Sun 

  The federal government's attempt to ease the nation's foreclosure crisis will help the desert, Coachella Valley real estate agents and housing experts say.

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  Related Topix: Riverside County, CA, Real Estate, US Politics, 2008 Presidential Election, Mortgage, Personal Finance

• County Foreclosures Triple Last Year

  Yesterday | via 970 & 1140 K-News 

  Submitted by knews on Fri, 07/25/2008 - 09:41. The number of second quarter foreclosure filings in Riverside County nearly tripled compared to the same period in 2007.

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  Related Topix: Foreclosures, Riverside County, CA, Personal Finance, Mortgage

• Second quarter Riverside County foreclosure filings up

  Yesterday | via Desert Sun 

  The number of second quarter foreclosure filings in Riverside County nearly tripled compared to the same period in 2007, a real estate tracking firm reported today.

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

• CALIFORNIA: Foreclosures soar to 20-year high

  Wednesday Jul 23 | via The Californian 

  Foreclosures in California soared in the second quarter to the highest level in at least 20 years, as many homeowners who bought at the height of the housing boom were unable to make mortgage payments, a real ...

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

• Increase in home mortgage defaults slows

  Tuesday Jul 22 | 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 ...

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

• 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

• 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

National Headlines

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

  1 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

  1 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

  1 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

  1 min ago | via KATU-TV Portland 

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

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

• Building wealth : Not yet time to relax

  1 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