Merced Real Estate

Featured Article

• Foreclosure Activity Increases 4 Percent in April

  Jun 15, 2008 | via Realty Trac 

  " May 14, 2008 - " RealtyTrac , the leading online marketplace for foreclosure properties, today released its April 2008 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, ...

  Comment?

  Related Topix: Vallejo, CA, Foreclosures, Vallejo Metro, California

Local Headlines

• State deficit may hinder city finances

  20 hrs ago | via Los Banos Enterprise 

  During a time when the city is dealing with its own economic challenges, officials are anticipating a decrease in the revenue they were hoping to have this fiscal year.The newest monetary decline won't take ...

  Comment?

  Related Topix: Foreclosures, Merced County, CA, Los Banos, CA

• The Slump Persists

  21 hrs ago | via The Modesto Bee 

  Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade.

  Comment?

  Related Topix: San Joaquin, CA, Real Estate, Merced County, CA, San Joaquin County, CA, Foreclosures

• Merced Sun-Star: Governor takes bold action

  Yesterday | via Los Banos Enterprise 

  Gov. Arnold Schwarzenegger appears to have taken a bold step in finding a solution to one segment of the state's housing crisis.

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  Related Topix: Arnold Schwarzenegger, Merced Metro, Merced, CA, California, California Government, Home, Mortgage

• SJ County Foreclosures

  Wednesday | via KFIV-AM Modesto 

  During April, May and June, there were nearly 32-hundred homes lost to foreclosure in San Joaquin County, another 22-hundred in Stanislaus County, and more than 12-hundred in Merced County.

  Comment?

  Related Topix: Foreclosures, San Joaquin, CA, San Joaquin County, CA, Stanislaus County, CA, Merced County, CA

• 17,000 valley homes seized as foreclosures continue to skyrocket

  Wednesday Jul 23 | via The Modesto Bee 

  More than 17,000 Northern San Joaquin Valley homes have been lost to foreclosure during the past year, data released Tuesday shows.

  Comment?

  Related Topix: San Joaquin County, CA, Merced County, CA, San Joaquin, CA, Foreclosures, Merced, CA

Regional Headlines

• Median home prices fall by 6.1% in county

  21 min ago | via San Gabriel Valley Tribune 

  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.

  Comment?

  Related Topix: Los Angeles County, CA, Real Estate, California, San Gabriel, CA, Hacienda Heights, CA

• L.A. home sales up 1.7% in June

  7 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.

  Comment?

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

• East West impacted by housing crisis

  9 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.

  Comment?

  Related Topix: California, Home, Mortgage, Financial Services, IndyMac Bancorp, Banking, East West Bancorp

• Second quarter foreclosures up 121%

  13 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 ...

  Comment?

  Related Topix: Foreclosures, California, Stockton Metro, San Bernardino, CA, Bakersfield Metro, Bakersfield, CA

• Home sales up, inventory index down statewide

  14 hrs ago | via Sacramento Business Journal 

  As sales increased 17.5 percent in June, the unsold inventory index for existing homes in California during the month dropped to 7.7 months from 10.2 months for the same period a year ago, according to a report ...

  Comment?

  Related Topix: Housing, Real Estate, California, Sacramento, CA, Sacramento Metro, Sacramento Metro

National Headlines

• U.S. Senate seen backing housing bill, Bush to sign

  16 min ago | via Reuters 

  The U.S. Senate was expected to approve a massive housing market rescue bill on Saturday and President George W. Bush was ready to sign it soon, amid questions about how much it will help.

  Comment?

  Related Topix: Housing, George Bush, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Two candidates for state Legislature have been sued for debts

  17 min ago | via Kansas.com 

  Two Wichita women running for seats in the Kansas Legislature have been sued for debts worth thousands of dollars apiece, according to Sedgwick County District Court documents.

  Comment?

  Related Topix: Sedgwick County, KS, Home, Mortgage, Mortgage, Personal Finance, US News, Wichita Metro, Wichita, KS

• Dreier, Miller back housing legislation

  17 min ago | via San Gabriel Valley Tribune 

  Editor's note: It's Politics reports Saturdays on the ins and outs of San Gabriel Valley-area politics and city government.

  Comment?

  Related Topix: Housing, Diamond Bar, CA, San Gabriel, CA, US Politics, US News, David Dreier, Republican, US House of Representatives, Gary Miller, Foreclosures

• Banks rally as CEOs hold off on issuing shares

  18 min ago | via Myrtle Beach Online 

  With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally.

  Comment?

  Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Mortgage, Personal Finance, Wachovia Corporation, Merrill Lynch and Co, Investment Services

• Senate close to passing housing aid

  18 min ago | via The Boston Globe 

  Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.

  Comment?

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