Rancho Santa Margarita Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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

Local Headlines

• Housing: Cracks in the High End

  1 hr ago | via Calculated Risk 

  From the San Francisco Chronicle: Bay Area home prices plunge 27% in last year Affluent areas such as Marin County and San Francisco, which until now had resisted most price erosion, saw existing single-family ...

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  Related Topix: University of California System, Los Angeles (California State University System), California State University System, UC Los Angeles, Housing, UC San Francisco, Los Angeles Metro, Orange County, CA

• Financial Times: US builders forced to sell off holdings

  Yesterday | via Calculated Risk 

  From the Financial Times: US builders forced to sell off holdings Demand for new homes on the outskirts of US towns has fallen spectacularly in the last three years, while foreclosures and speculative building ...

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  Related Topix: Foreclosures

• Southland home prices plunge

  Thursday | 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. 4 comments

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

• June gloom: Housing prices drop 29.3%

  Thursday Jul 17 | 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 Jul 17 | 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

Regional Headlines

• Special loan programs serve buyers who lack cash

  6 hrs ago | via HeraldTribune.com 

  Published: Sunday, July 20, 2008 at 4:30 a.m. Last Modified: Friday, July 18, 2008 at 12:24 p.m. Two little-known federal lending programs may hold the answer for would-be home buyers who don't have two plug ...

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  Related Topix: Agriculture, Science, US News, United States Department of Agriculture, California, Home, Mortgage

• Cash challenged? Cry uncle

  12 hrs ago | via Chicago Tribune 

  Two little-known federal programs may hold the answer for would-be home buyers who don't have money for a down payment or don't have money left after closing to update their properties.

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  Related Topix: Agriculture, Science, Home Buying, Home, California, UC Riverside, University of California System, UC San Diego, Mortgage

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

  Yesterday | via NBC Channel 11 

  A forecast released Friday has predicted that 1 million homes will be in foreclosure nationwide by the end of the year. 11 comments

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

• Inland rents start to level off, report says

  Yesterday | 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

• Solar-powered homes give builder an edge

  Yesterday | 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 ...

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  Related Topix: Housing, Energy, California, Temecula, CA

National Headlines

• Banks sound but economy to take time: Paulson

  7 min ago | via West Linn Tidings 

  The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.

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

• Paulson braces public for months of tough times

  3 hrs ago | via The Associated Press 

  Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead.

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

• Many Ada County property owners get a break

  9 min ago | via Fort Mill Times 

  More than 1,000 property owners in southwestern Idaho's highly populated Ada County asked for a reduction in assessed property value in an attempt to lower their property taxes.

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  Related Topix: Ada County, ID, Real Estate

• Woes of U.S. credit crisis: lack of regulation?

  10 min ago | via The Hindu 

  "Issuers should only launch products which are easy to understand and easy to measure risk" The developments in the U.S. sub-prime markets or housing mortgage markets have brought to the fore several issues ...

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  Related Topix: Burbank, CA, Chicago (University of Illinois System), University of Illinois System, Home, Mortgage, Mortgage, Personal Finance

• One year of the global financial crisis

  10 min ago | via The Hindu 

  It is a little over a year since the U.S. financial crisis became a global issue.

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  Related Topix: Ben Bernanke, Mortgage, Personal Finance, Home, Mortgage