Los Angeles 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

• Young neighbors thrilled at Jonas Brothers house purchase

  4 min ago | via KIMA 

  The Jonas Brothers reportedly bought a house in a Dallas-Fort Worth suburb - and some young neighbors sound thrilled.

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  Related Topix: Tarrant County, TX, Jonas Brothers, Home Listing, Home, Real Estate, Entertainment

• Candy Spelling Trades in Mansion For Record 47 Million Dollar LA Condo

  1 hr ago | via The Real Estate Bloggers 

  Candy Spelling, widow of TV mogul Aaron Spelling, has bought a record setting Los Angeles Condominium for the tidy sum of 447,000,000. The new condo will be on the top 2 floors of The Century, a new condominium ...

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  Related Topix: Century City (Los Angeles, CA), Los Angeles, CA, Housing

• Foreclosure notices double in 2nd quarter

  6 hrs ago | via San Gabriel Valley Tribune 

  Lenders sent more than twice as many foreclosure notices in the second quarter of this year as they sent over the same period last year, according to a leading real estate tracking firm.

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  Related Topix: West Covina, CA, Home, Mortgage, San Gabriel, CA, Home Listing, Los Angeles County, CA

• Record number of California homeowners default on mortgages in 2nd quarter

  13 hrs ago | via KCPQ 

  A record number of California homeowners defaulted on mortgages last quarter, a real estate information service reported today.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Los Angeles County, CA

• Foreclosure Starts Continue to Soar in California

  13 hrs ago | via Housing Wire 

  Lenders started foreclosure proceedings on a record number of California homeowners last quarter, although the pace of quarterly increases in default activity slowed somewhat, a real estate information service ...

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Los Angeles County, CA

Regional Headlines

• Calif. foreclosures jump to 20-yr high

  28 min ago | via Reuters 

  The number of homes lost to foreclosure in California soared to a 20-year high in the second quarter and mortgage default notices jumped to a record as well, underscoring the depth of the state's housing ...

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

• WA state to revoke license of CA mortgage company

  9 hrs ago | via Tri-cityherald.com 

  Washington state plans to revoke the license of a California mortgage broker. The state Department of Financial Institutions says an investigation has found Paramount Equity Mortgage, Inc.

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

• Foreclosures Hit 20 Year High in California

  14 hrs ago | via KCBS 

  More than 120,000 notices of default were mailed to California home owners in the second quarter of this year, up 125 percent from the second quarter of 2007.

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  Related Topix: California, Foreclosures, Home, Mortgage

• Foreclosures continue to skyrocket in California

  Yesterday | via KSBY-TV San Luis Obispo 

  DataQuick studies showed more than 63,000 California homes were lost to foreclosure between April and June."); var headline = escape ; OpenWin "> DataQuick studies showed more than 63,000 California homes were ...

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  Related Topix: California, Foreclosures

• California Foreclosures Soar To 20 Year High

  Aug 9, 2007 | via NBC11.com 

  A real estate research firm says foreclosures in California soared in the second quarter to the highest level in at least 20 years.

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  Related Topix: California, Foreclosures

National Headlines

• Investors launch lawsuit aginst CIBC

  4 min ago | via The Toronto Star 

  A group of investors has launched a "multibillion-dollar" class-action lawsuit against the Canadian Imperial Bank of Commerce, alleging misrepresentations about the bank's exposure to the American subprime ...

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  Related Topix: Canadian Imperial Bank of Commerce, Banking, Financial Services, Home, Mortgage

• Paulson: Rescue bill key to solving housing crisis

  4 min ago | via IBJ.COM 

  Treasury Secretary Henry Paulson said Wednesday that agreement on a sweeping housing rescue bill will send a strong message to investors around the world and will be key to helping the nation turn the corner on ...

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

• Area briefly

  4 min ago | via Port Clinton News Herald 

  U.S. Bank in Northwest Ohio is honoring JoAnn King, vice president and relationship manager in U.S. Bank's commercial banking division, for her 25 years of service to the company.

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  Related Topix: Tiffin University, Ohio, Tiffin, OH, Home, Mortgage, Oak Harbor, OH

• Meredith returns to real estate market

  4 min ago | via WHO-TV Des Moines 

  Better Homes and Gardens is back in the real estate business. Des Moines-based Meredith Corp., which publishes Better Homes and Gardens magazine, is teaming with Realogy Corp.

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  Related Topix: Publishing, Media, Meredith Corporation, Real Estate, Des Moines, IA, Des Moines Metro

• Bush drops opposition to housing bill

  4 min ago | via 2NEWS.TV 

  President Bush dropped his opposition Wednesday to a broad housing package aimed at bolstering the sagging economy, despite his objections to including $3.9 billion for neighborhoods hit hardest by ...

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  Related Topix: George Bush, US Politics, 2008 Presidential Election, Foreclosures, Financial Services, Fannie Mae