Torrance Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

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

Local Headlines

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

  22 min ago | 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

• Home foreclosures hit record high

  2 hrs 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

• Spelling's widow buys condo for $47 million

  14 hrs ago | via Pleasant Hill Record 

  The top two floors of a residential tower still under construction have been sold for a record $47 million to Candy Spelling, the widow of TV mogul Aaron Spelling.

  Comment?

  Related Topix: Housing, Foreclosures, Los Angeles County, CA, Beverly Hills, CA, Home Listing, Home

• Jonas Brothers buy house in Dallas-Fort Worth area

  20 hrs ago | via WIBW-TV Topeka 

  The Jonas Brothers reportedly bought a house in a Dallas-Fort Worth suburb - and some young neighbors sound thrilled.

  Comment?

  Related Topix: Tarrant County, TX, Jonas Brothers, Home Listing, Home, Real Estate, Entertainment

• Jonas Brothers buy house in Dallas area

  Yesterday | via Daily Herald 

  The Jonas Brothers reportedly bought a house in a Dallas-Fort Worth suburb -- and some young neighbors sound thrilled.

  Comment?

  Related Topix: Tarrant County, TX, Jonas Brothers, Home Listing, Home, Real Estate

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.

  Comment?

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

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

  4 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

  5 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

  9 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

  11 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

• Lake Delton property owners to receive $2.3 million for flood-damaged parcels

  5 min ago | via Onalaska Community Life 

  State checks totaling more than $2.3 million were deposited Wednesday with Sauk County authorities to pay for property that either no longer exits or, if it does, is in the Wisconsin River.

  Comment?

  Related Topix: Home, Mortgage, Natural Disasters, Flood, Lake Delton, WI

• Johnson Backs $3.5 Billion Tax Increase According to McHenry

  6 min ago | via Lincoln Tribune 

  Rewards Predatory Lenders with Taxpayer-Funded Bailout HICKORY - Congressman Patrick McHenry responded today to his opponent's support for the taxpayer-funded bailout of subprime mortgage lenders.

  Comment?

  Related Topix: Hickory Metro, US Politics, US News, Patrick McHenry, Republican, US House of Representatives, Home, Mortgage

• All eyes on Bank Negara meet

  6 min ago | via Business Times 

  WITH inflation at a 26-year high last month, all eyes are on Bank Negara Malaysia's monetary policy committee meeting today to see whether it will raise the Overnight Policy Rate , the benchmark interest rate.

  Comment?

  Related Topix: Mortgage, Home

• The slump persists: Home sales tumble across US

  8 min ago | via KVEW 

  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: Housing, Real Estate, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Single-family home construction fell 5.3 percent in June although apartment activity increased

  Thursday Jul 17 | via Los Angeles Times 

  WASHINGTON _ Construction of single-family homes fell in June to the slowest pace in 17 years although a change in New York laws helped give a big boost to apartment building.

  Comment?

  Related Topix: Home Building, Home, Mortgage