City home sales up from last year; valley sales fall 3%
6 hrs ago | via Desert Sun
Coachella Valley home sales fell 3 percent in September, a new report from San Diego-based MDA DataQuick shows. Comment?
4 hrs ago | via Ventura County Star
University students are going crazy in California, and yes, I know, that's hardly news, seeing as how the affliction traces back to the 1960s at the very least. Comment?
Home prices up - but for how long?
7 hrs ago | via Whittier Daily News
At a time when home sales traditionally wane for the year, buyers are swooping in for deals and taking advantage of a federal tax credit for first-time homebuyers. Comment?
Few mortgages have been permanently modified
8 hrs ago | via Los Angeles Times
In October 2008, JPMorgan Chase & Co. shaved 25% off Rick Mullen's mortgage payment by lowering his interest rate, helping him to stay in his Valencia home despite a downturn in his small business refurbishing large shipments of damaged shoes. Comment?
State considers foreclosure mediation program
Yesterday | via SFGate
The program would allow borrowers at risk of losing their homes to request a mediation process with the lender, who would be legally bound to participate in talks to work out a home loan modification that would avoid foreclosure of the property. Comment?
LSE halts trading after connectivity problems
1 hr ago | via MarketWatch
Trading in U.K. stocks ground to a halt Thursday as technical problems forced the London Stock Exchange to shut down its systems. Comment?
Got Cash? Here Are 7 Ways to Spend Your Dough
12 min ago | via ABC News
With home prices having dropped nearly 20 percent in the past year in most major metropolitan areas, industry insiders said that now is a great time to purchase that second home you've been eyeing. Comment?
Mortgage Defaults Hit Record Levels - Lists of Forec...
28 min ago | via Netscape
Mortgage Defaults Hit Record Levels - Lists of Foreclosures expected to Grow >> Posted By altnrg 4 hours, 53 minutes ago in News Lists of foreclosures will grow again in most states as mortgage defaults nationwide increased in the July-September quarter, based on a report from TransUnion. Comment?
Mortgage rates drop to record low
34 min ago | via The Morning Call
You could say Christmas has arrived early for people shopping for a home loan, with mortgage rates at or near record lows. Comment?
Morning Brew: Machine Gun Sting, Condo Queue Fight, ...
42 min ago | via BlogTO
Photo: "The Big Man" by vwsluk , member of the blogTO Flickr pool . What's happening in the GTA : Three men in Mississauga have been arrested after allegedly selling undercover police officers a machine gun and 100 rounds of ammo. Comment?