Montebello Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

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

Local Headlines

• Home buyers should check for hidden and buried toxins

  2 hrs ago | via KCPQ 

  IT'S IN the tank. Up in smoke. Biting the dust. The real estate market? No. The toxic substances in the water, air and dirt enveloping many Southern California properties.

  Comment?

  Related Topix: Los Angeles County, CA, Orange County Metro, Real Estate

• Median home prices fall by 6.1% in county

  20 hrs ago | via Pasadena Star-News 

  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

• A new low in the high life

  Friday | via Arizona Daily Sun 

  A couple of front-page stories in Tuesday's papers -- one from the East Coast, the other from the West -- frame a pretty effective portrait of these United States in this election year.

  Comment?

  Related Topix: Housing, Foreclosures, Los Angeles County, CA, San Bernardino, CA, Home Listing, Home, Opinion

• Mosquito reports soar after article

  Friday | via The Signal 

  Canyon Country residents Thursday reported a surge in both the number of "green pools" and of mosquitoes following initial reports of countywide efforts to stop the spread of West Nile virus.

  Comment?

  Related Topix: Canyon Country, CA, Los Angeles County, CA, Epidemic, Natural Disasters, Real Estate

• House Hunt: For Some, Now May Be the Right Time

  Thursday Jul 24 | via Hispanic Business 

  Hispanics are expected to drive the first-time homebuyer market in the coming decade.

  Comment?

  Related Topix: Home Buying, Home, Mortgage, Real Estate, Los Angeles County, CA

Regional Headlines

• Editorial: The other shoe looms

  3 hrs ago | via Sacramento Bee Newspaper 

  The latest bad news factoid is that foreclosures in California are at a 20-year high.

  Comment?

  Related Topix: Foreclosures, California, Home, Mortgage, Opinion

• Broker drops lawsuit over sale of Southern California...

  3 hrs ago | via AMNY 

  Washington Mutual Inc., who was Rep. Laura Richardson's lender, announced Friday that James York's suit against her and the bank had been resolved, the Torrance Daily Breeze reported.

  Comment?

  Related Topix: Foreclosures, Financial Services, California, Banking, Washington Mutual, Home, Mortgage, Mortgage, Personal Finance

• Mayor backs out of gay rights event

  9 hrs ago | via L.A. Observed 

  I received an email statement Mayor Antonio Villaraigosa this morning that announced he would skip tonight's banquet in San Francisco for the Human Rights Campaign, a mainstream gay community group that raises ...

  Comment?

  Related Topix: California, Transgendered, Gay/Lesbian, Housing, Mortgage, Personal Finance

• State home sales up 18%

  19 hrs ago | via LA Daily News 

  Home sales across California jumped nearly 18 percent during June compared with a year earlier as discounted foreclosures lured buyers back into the real-estate market, a trade association said Friday.

  Comment?

  Related Topix: Los Angeles Metro, Los Angeles Metro, Housing, California, Real Estate, Foreclosures

• Median home prices fall by 6.1% in county

  21 hrs ago | via Whittier Daily News 

  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, San Gabriel, CA, California, Hacienda Heights, CA

National Headlines

• Housing rescue passes

  8 min ago | via Martinsville Bulletin - Martinsville, Virginia 

  The candidates for the 5th District House seat in the November election differ on the merits of the housing legislation passed by Congress last week.

  Comment?

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

• Banks rally as CEOs hold off on shares

  3 hrs ago | via The Clarion-Ledger 

  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

• Mortgage firm rescue bill awaits Bush's OK

  3 hrs ago | via The Clarion-Ledger 

  Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy.

  Comment?

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

• Financing completed for Pa. shopping center

  3 hrs ago | via CourierPostOnline 

  Pennsylvania Real Estate Investment Trust has completed a $54 million financing of Paxton Towne Centre in Harrisburg, Pa.

  Comment?

  Related Topix: Real Estate, Pennsylvania Real Estate Investment Trust, Harrisburg, PA, Home, Mortgage

• Local communities sit half-built, fully troubled

  3 hrs ago | via News Press 

  Michael and Judith Van Dress have a lot of privacy and not a lot of competition when they use the brand-new fitness center at their condominium in Concordia.

  Comment?

  Related Topix: Cape Coral, FL, Housing, Lee County, FL, Naples Metro