Paradise Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• National News Minute

  Friday Jul 11 | via WQOW 

  IndyMac Bank has become the latest victim of the credit crisis. Assets of the California thrift have been seized by federal regulators.

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  Related Topix: Home, Mortgage, Chico Metro, Paradise, CA

• Pioneering surgeon dies...IndyMac Bank closes...Bertha to Bermuda...

  Friday Jul 11 | via KXMA-TV Dickinson 

  Pioneering surgeon dies...IndyMac Bank closes...Bertha to Bermuda HOUSTON The cardiovascular surgeon who pioneered bypass surgery has died.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Chico Metro, Paradise, CA

• Credit crisis hits Wall Street...Wildfire death...JFK airport close...

  Friday Jul 11 | via KXMD-TV Williston 

  Credit crisis hits Wall Street...Wildfire death...JFK airport close call NEW YORK Concerns over dangers faced by the country's biggest mortgage backers, Fannie Mae and Freddie Mac, have sunk Wall Street.

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  Related Topix: Financial Services, Fannie Mae, Home, Mortgage, Mortgage, Personal Finance, Chico Metro, Paradise, CA

• Biz Bits: Problems in residential, commercial construction become evident

  May 25, 2008 | via Chico Enterprise-Record 

  Last week, the state turned out its monthly unemployment rates, including Butte County.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Butte County, CA

• Cribs

  Apr 21, 2008 | via Commission Impossible 

  Image: North Valley new home prices. North Valley includes Butte, Glenn, Sutter, and Yuba counties on this chart.

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  Related Topix: Housing, Butte County, CA, Foreclosures

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.

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  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.

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

• Mayor backs out of gay rights event

  8 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 ...

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  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.

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

• 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.

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

National Headlines

• Congress passes mortgage aid bill

  4 min ago | via North County Journal 

  It took fears of a market collapse to push President George W. Bush and Congress to compromise on election-year mortgage help for struggling homeowners.

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

• Lawsuit dropped over SoCal congresswoman's home

  6 min ago | via Fox News 

  A man who paid $388,000 for a congresswoman's home dropped a lawsuit that claimed she got special treatment when a bank rescinded the foreclosure, it was reported Saturday.

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  Related Topix: Foreclosures, Financial Services, Banking, Washington Mutual, Home, Mortgage, Housing

• Raise a glass of best Chateau Sucker

  7 min ago | via Irish Independent 

  Frankly, I've been getting tired of all the bad news. Every day brings new reports of job losses, price increases, industrial collapse, increasing debt, stock exchange plunges, pension erosion and general ...

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  Related Topix: Housing, Train Disaster, Opinion

• US shuts down two more banks

  9 min ago | via Times of Oman 

  WASHINGTON: The US Treasury has shut down two affiliated western banks as the impact of the US real estate crash rolls through the country's financial institutions.

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  Related Topix: Reno, NV, Financial Services, Home, Mortgage, Mortgage, Personal Finance

• A healthy market

  3 hrs ago | via The Daily Advertiser 

  The home buying boom in Lafayette is leveling off, and with national stories of lending disasters and foreclosures tempering the market, local builders are trying to assure potential buyers.

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  Related Topix: Home Buying, Home, Baton Rouge, LA, Mortgage, Foreclosures, Lafayette, LA