Long Beach 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 ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• REALTORS Hail Housing Bill

  20 min ago | via Realtor Magazine 

  Today's passage of The Housing and Economic Recovery Act of 2008 by the House of Representatives will help bring stability to the housing market and stem the rising rate of foreclosures, according to the ...

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  Related Topix: Foreclosures, US Politics, US News, US House of Representatives, Barney Frank, Democrat, Los Angeles Metro, Home, Mortgage, Mortgage, Personal Finance

• Home sales weaken again

  1 hr ago | via CNN Money 

  Sales of existing homes in June slowed more than expected to their lowest level in 10 years, according to an industry trade group report released on Thursday.

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  Related Topix: Los Angeles Metro, Real Estate, Briefing.com, Startups, Media, Briefing.com

• Home foreclosures hit record high

  1 hr ago | via LA Daily News 

  Home foreclosures across the San Fernando Valley hit another record high during the year's second quarter as the housing crisis intensified, a research center said today. 1 comment

  Related Topix: Glendale, CA, Calabasas, CA, Northridge, CA, Education, Housing, Los Angeles County, CA

• Home Sales Drop In June

  2 hrs ago | via ConsumerAffairs.Com 

  After gaining in May, existing-home sales declined in June with many potential buyers on the sidelines, according to the National Association of Realtors.

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  Related Topix: Los Angeles Metro, Long Beach, CA, Foreclosures, Real Estate, Bakersfield Metro, Bakersfield, CA

• Housing market weakens again

  4 hrs ago | via CNN 

  Sales of existing homes slowed more than expected in June while inventory increased, according to an industry trade group reading of the sluggish housing market released Thursday.

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  Related Topix: Los Angeles Metro, Real Estate, Briefing.com, Startups, Media, Briefing.com

Regional Headlines

• Report: Grand jury investigating subprime lenders

  1 hr 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.

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  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 ...

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  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 ...

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  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

• Editorial: Cloudy prospects

  2 min ago | via Business Standard 

  Oil prices have dipped a good 15 per cent in the last few days, and suddenly the forecasts on oil prices talk of a dip, not a further rise in prices.

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

• Housing, jobs send stocks skidding

  2 min ago | via SI.com 

  Renewed fears about the battered housing market and rising unemployment sent stocks into a tailspin Thursday.

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  Related Topix: Mortgage, Mortgage, Personal Finance, Housing

• On the Market: Chad Rogers's Beverly Hills Listing

  2 min ago | via CurbedLA 

  Last week, everyone met Chad Rogers , one of the real estate agents behind the forthcoming "Million Dollar Listings," Bravo's new television show about three "hot" Los Angeles real estate agents.

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  Related Topix: Beverly Hills, CA, Real Estate, Los Angeles, CA, Million Dollar Listing, Reality TV, Entertainment, Television

• PricewaterhouseCoopers: Credit and mortgage crisis cause companies to delay public offerings

  2 min ago | via International Herald Tribune 

  NEW YORK : PricewaterhouseCoopers on Thursday reported that the number of initial public offerings for the first half of the year has fallen to a four-year low because of turbulent market conditions.

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  Related Topix: Mortgage, Financial Services, Accounting, Mortgage, Personal Finance, Visa Inc., Financial Markets

• Credit Suisse profit plunges 62%, less than analysts said

  4 min ago | via The Taipei Times 

  Credit Suisse has been able to cut risky positions a bit faster than probably the average in the sector.

  Comment?

  Related Topix: Insurance, Credit Suisse Group, Home, Mortgage, Banking, Financial Services, Ubs Ag