California 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

• State home sales up 18%

  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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  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

  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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  Related Topix: Real Estate, Los Angeles Metro, Los Angeles Metro, Housing, California, Orange County Metro

• 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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  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

• 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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  Related Topix: Sacramento, CA, Sacramento Metro, Foreclosures, Events

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

• 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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  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage

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

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