Redondo Beach 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

• Mosquito reports soar after article

  1 hr ago | 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

  18 hrs ago | 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

  20 hrs ago | 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

• Spelling's widow buys condo for $47 million

  Yesterday | via Pleasant Hill Record 

  The top two floors of a residential tower still under construction have been sold for a record $47 million to Candy Spelling, the widow of TV mogul Aaron Spelling.

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  Related Topix: Housing, Foreclosures, Los Angeles County, CA, Beverly Hills, CA, Home Listing, Home

• Jonas Brothers buy house in Dallas-Fort Worth area

  Yesterday | via WIBW-TV Topeka 

  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

Regional Headlines

• Merced Sun-Star: Governor takes bold action

  6 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.

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  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 ...

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  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.

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  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.

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  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 ...

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

National Headlines

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

  5 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 ...

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

• Foreclosure Filings More Than Double

  6 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.

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

• Housing rescue on track to pass Senate by Saturday

  6 min ago | via WAND-TV Decatur 

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

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

• Michigan ranks 7th in foreclosures

  8 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.

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  Related Topix: Foreclosures, Stockton, CA, Stockton Metro

• More people are out of work than expected this month

  9 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.

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