California Real Estate News
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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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Local Headlines
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4 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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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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L.A. home sales up 1.7% in June
16 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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East West impacted by housing crisis
18 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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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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National Headlines
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Downtown Sacramento Real Estate Market Report
1 min ago | via Sacramento Real Estate Blog
Real estate in Downtown Sacramento continued to command top dollar in May, with sold price per square foot running more than twice as high as the county-wide average, though this year's crop of homes was much ...
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15-Year Mortgage or a 30-Year Mortgage?
1 min ago | via About.com
The traditional 30-year mortgage has become the standard method of borrowing for most people, but the 15-year mortgage is still a viable solution for many people.
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Housing rescue bill heads to Bush for signature
1 min ago | via KCBY-TV Coos Bay
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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Gregg, Sununu vote for housing bill
2 min ago | via The Boston Globe
Sens. John Sununu and Judd Gregg were on the winning side Saturday as the Senate approved a plan to help homeowners facing foreclosure and to save mortgage companies Fannie Mae and Freddie Mac .
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How they voted: Senate roll call on housing bill
3 min ago | via Times Leader
The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.
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