Median house prices beat year-ago figures
8 hrs ago | via Sacramento Bee Newspaper
In the newest signal that a free-fall in capital area home prices is ending, November's median sales price topped year-ago figures in Sacramento County and West Sacramento for the first time since May 2006, the Sacramento Association of Realtors announced Tuesday. Comment?
Sunday Dec 13 | via Burbed.com
BA investors are buying up rental properties as we speak: Bay Area real estate investors snap up rental properties By Sue McAllister smcallister@mercurynews.com Posted: 12/13/2009 04:00:00 PM PST Updated: 12/13/2009 07:43:25 PM PST Bay Area real estate investors have gone on a shopping spree, snapping up homes in low-cost communities outside the ... Comment?
Local Home Buyers Finding Themselves Outbid
Yesterday | via CBS 13
Share + Dec 14, 2009 11:00 pm US/Pacific Reporting Steve Large Prospective home buyers might expect good prices for homes in the Sacramento area in the wake of the foreclosure crisis, but a new trend is emerging: Bay Area investors are sucking up Sacramento real estate and turning them into rentals. Comment?
Update on hunger, homelessness in U.S. cities
Monday | via Sacramento Bee
On average, the need for food assistance increased 26 percent from last year in the reporting cities. Comment?
Monday | via Ledger Dispatch
Bay Area real estate investors have gone on a shopping spree, snapping up homes in low-cost communities outside the region as falling home prices and low mortgage rates make the economics of buying rental property far more appealing. Comment?
Distressed properties slow region's recovery...
3 hrs ago | via San Diego Union-Tribune
Wednesday, December 16, 2009 at 12:02 a.m. As San Diego County's housing market slowly climbs back to normal, Southern California as a whole still suffers from a high level of distressed properties, MDA DataQuick reported yesterday. Comment?
Spend or save -- what's an American supposed to do?
8 hrs ago | via Los Angeles Times
If you listen to politicians, analysts and pundits, you'll hear it both ways, along with a lot of conflicting and indecipherable gibberish. Comment?
Home sales, prices inch up in Southern California
14 hrs ago | via San Jose Mercury News
A tracking firm says sales of homes in Southern California are inching up and the prices are leveling off from a year ago. Comment?
California Housing Prices Then and Now: Foreclosures...
16 hrs ago | via Dr. Housing Bubble Blog
California Housing Prices Then and Now: Foreclosures, Fast Money, and Deflating Economic Bubbles. Comment?
Sales, Home Prices Inch Up In Southern California
18 hrs ago | via KCBS-TV Los Angeles
Share + Dec 15, 2009 12:33 pm US/Pacific SAN DIEGO, Calif. 1 of 1 San Diego-based MDA DataQuick says the median price for a Southern California home last month was $285,000, a 1.8-percent increase from October. Comment?
TransUnion: Auto loan delinquencies to grow 7%
3 min ago | via Detroit Free Press
One of the nation's largest credit rating agencies, TransUnion, predicts that the rate of auto loan delinquencies nationwide will grow 7% in 2010 - including a sharp 27% increase in Michigan. Comment?
Bank survived due to conservatism
6 min ago | via Brechin Today
A "traditional and conservative" approach ensured the survival of the Clydesdale Bank while its rivals were saved by state bailouts, MSPs heard. Comment?
Mortgage applications edge up in latest week
3 hrs ago | via USA Today
Mortgage applications nudged higher last week, marking a third weekly rise, driven by a slight uptick in demand for home refinancing loans, an industry group reported on Wednesday. Comment?
Aligning Washington and Wall Street
3 hrs ago | via Bank Systems & Technology
Last week the U.S. House of Representatives passed the Wall Street Reform and Consumer Protection Act of 2009 . Comment?
Extreme modifications: 2% mortgages
5 hrs ago | via CNN Money
At 8 a.m., homeowner Rodney Wynn was drowning under his $1,800-per-month, 13.4% interest rate mortgage. Comment?