Blythe Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

  Comment?

  Related Topix: Housing, Home, Mortgage

Local Headlines

• CALIFORNIA: Foreclosures soar to 20-year high

  Yesterday | via The Californian 

  Foreclosures in California soared in the second quarter to the highest level in at least 20 years, as many homeowners who bought at the height of the housing boom were unable to make mortgage payments, a real ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Riverside County, CA, Housing

• Increase in home mortgage defaults slows

  Yesterday | via The Press-Enterprise 

  Home mortgage defaults in California increased less dramatically in the second quarter of 2008 than in the first quarter and Riverside County even saw a quarter-to-quarter leveling off in default notices, the ...

  Comment?

  Related Topix: Riverside County, CA, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, San Bernardino County, CA

• : Foreclosures triple in SB County

  Yesterday | via San Bernardino County Sun 

  A report released today said home foreclosures soared in the second quarter of this year, tripling in San Bernardino County and more than doubling in Riverside County when compared to the same period in 2007.

  Comment?

  Related Topix: Foreclosures, San Bernardino County, CA, Riverside County, CA, Mortgage, Home

• Calif. loan-default numbers reach record

  Tuesday | via Desert Sun 

  The number of Riverside County homes slipping toward foreclosure jumped by 125.2 percent in the second quarter, compared to the same period last year, while statewide loan-default numbers reached a record ...

  Comment?

  Related Topix: Riverside County, CA, Foreclosures

• First-time Homeowners Get Help

  Monday | via CBS 2 

  California residents looking to purchase a home for the first time are going to get the help they need.

  Comment?

  Related Topix: Foreclosures, Riverside County, CA

Regional Headlines

• Report: Grand jury investigating subprime lenders

  57 min 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.

  Comment?

  Related Topix: Financial Services, Countrywide Financial, Home, Mortgage, California

• Don't Let Them Slash Your Credit-Card Limits

  3 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 ...

  Comment?

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

• Resets begin peaking on subprime loans

  4 hrs ago | via Ledger Dispatch 

  The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and ...

  Comment?

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

• Subprime Today: National City posts record loss

  8 hrs ago | via MarketWatch 

  Each morning, Subprime Today provides a summary of MarketWatch's financial coverage as well as stories from other news outlets, providing links to those original articles.

  Comment?

  Related Topix: National City Corporation, Banking, Financial Services, MarketWatch, Startups, Home, Mortgage, Mortgage, Personal Finance, California

• Focus on foreclosures

  10 hrs ago | via San Bernardino County Sun 

  Help may be on the way for homeowners, banks and communities hit hard by the mortgage crisis after the House of Representatives approved a relief package on Wednesday. 1 comment

  Related Topix: Claremont Graduate University, Claremont Consortium of Colleges, California, Home, Mortgage, Mortgage, Personal Finance

National Headlines

• Sales of Existing Homes Nonexistent

  3 min ago | via Huliq.com 

  Sales of US existing homes fell 2.6% to an annualized rate of 4.86 million from a 4.99 million pace the prior month.

  Comment?

  Related Topix: Foreclosures, Home, Home Selling, Housing, Real Estate

• Banks step up Fed borrowing, Wall Street passes

  3 min ago | via The Flint Journal 

  Banks stepped up their borrowing over the past week from the Federal Reserve's emergency lending program, while Wall Street firms didn't draw such loans.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• Jobless claims jump as housing market gets weaker

  3 min ago | via Marin Independent Journal 

  Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record.

  Comment?

  Related Topix: Housing, Foreclosures

• Gloomy day for U.S. markets

  4 min ago | via The Globe and Mail 

  The number of U.S. workers filing new claims for jobless benefits jumped 34,000 last week, the Labor Department said, in part reflecting seasonal volatility typical at this time of year, but also indicating ...

  Comment?

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

• Md. Woman Charged In Tax Scandal

  4 min ago | via NewsChannel 8 

  A real estate agent from Prince George's County has been charged in a scheme that prosecutors believe defrauded the D.C. tax office out of nearly $50 million.

  Comment?

  Related Topix: Real Estate, Clinton, MD, University of the District of Columbia