California Housing Boom News

California Housing Boom News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.

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U.S. home foreclosures set record, likely to keep rising 21 Nov 2009 05:34 GMT
... through all of next year despite stabilizing housing prices in some areas, a major lender ... past due or in foreclosure. The continued surge in delinquencies suggests a recovery in the housing market ... the easy-money lending that prevailed during the boom years. Signals about housing have been decidedly ...
Foreclosure, unemployment rates soar 21 Nov 2009 02:50 GMT
... Foreclosures and seriously delinquent home loans in Connecticut logged another grim milestone ... another grim milestone in the third quarter, soaring a full percentage point to 7 percent ... risky subprime loans that touched off the housing crisis in 2007. As of Sept. 30, ...
McClatchy-Tribune0News Service 21 Nov 2009 00:46 GMT
... by U.S. households fell $7 trillion, and housing values dropped $3 trillion, according to the ... you have the means to survive the upturn.'' When banks aren't sure about who will ... Trulia.com, a real estate search engine. Traffic surged on the site on Nov. 5, the ...
Foreclosures hit more with good credit 21 Nov 2009 04:31 GMT
... compared with the same period in 2008. Housing officials said Thursday that there are fewer ... period last year. That drop indicates some homeowners behind on payments are doing a better ... recovery will remain under pressure from the surge in home-loan defaults, especially as unemployment keeps ...
Post-Mortems Reveal Obvious Risk at Banks 21 Nov 2009 04:32 GMT
... in 2000, quickly increased a risky commercial real estate portfolio, despite many red flags from regulators. ... buildup of potentially dangerous loans to the boom-and-bust building industry. Despite the warnings — made ... havoc caused by the collapse of the housing market is now being exacerbated by the deepening ...
Jobs data indicate net gain for state 21 Nov 2009 09:17 GMT
... Although California’s unemployment rate surged to another postwar high in October, the state posted ... were hit worst by the real estate boom and bust, such as California, Arizona, Nevada ... is at 15.1 percent. “States without a housing bubble or large manufacturing base are outperforming ...
State jobless rate climbs even as jobs are added... 21 Nov 2009 00:40 GMT
... at 2:26 p.m. Although California’s unemployment rate surged to another postwar high in October, it also posted ... were hit worst by the real estate boom and bust, such as California, Arizona, Nevada ... is at 15.1 percent. “States without a housing bubble or large manufacturing base are outperforming ...
Ohio sues three ratings agencies 21 Nov 2009 00:46 GMT
... investments that lost tremendous value as the housing market collapsed,” Mr Cordray said. “The rating agencies ... a key role in the recent credit boom and bust because they failed to spot risks in ... determine whether the top three agencies violated California law by giving “stellar ratings to shaky ...
We cannot afford high public pensions 21 Nov 2009 09:55 GMT
... Officials at the California Public Employees' Retirement System are scrambling to ... in hedge When the stock market was soaring and investments in a hot housing market were earning high returns, the pension fund ...
Mortgage delinquencies hit record-high in 3Q 20 Nov 2009 06:16 GMT
... report Thursday adds to fears that the housing market and broader recovery could be thwarted ... recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment ... cities, places that are also coping with soaring unemployment, he said. The record-high foreclosure numbers ...
Real Estate Report Draws Mixed Reactions from Architects 20 Nov 2009 21:15 GMT
... said that niche sectors including medical, senior housing, and student residences could buck the otherwise ... could buck the otherwise dire trend, and apartment development could resume by late 2011. The ... the first to break ground once the upturn arrives. Architects who attended the ULI conference ...
7 charged in $140M real estate scheme 20 Nov 2009 07:43 GMT
... after being coaxed into buying three Murrieta homes and later losing them. "That's where they ... the equity they were realizing from the housing boom into the purchase of new homes and ...
Housing affordability near record high for third consecutive quarter 20 Nov 2009 11:52 GMT
... While not every housing market in the country has affordable housing, overall, ... quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today. ... scale included San Francisco; Honolulu; Santa Ana-Anaheim-Irvine, Calif.; and Nassau-Suffolk, N.Y. San Luis Obispo-Paso Robles, ...
Mortgage Delinquencies Reach a Record High 20 Nov 2009 14:50 GMT
... be recovering from their swoon, but more homeowners than ever are having trouble making their ... prices are going back down,” said the housing consultant Ivy Zelman. The overall third-quarter delinquency ... are finding that the value of their property is less than they owe. They are ...
U.S. Mortgage Delinquencies Reach a Record High 20 Nov 2009 01:41 GMT
... be recovering from their swoon, but more homeowners than ever are having trouble making their ... prices are going back down,” said the housing consultant Ivy Zelman. The overall third-quarter delinquency ... are finding that the value of their property is less than they owe. They are ...

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reuters.com:
One in 7 U.S. Mortgages Foreclosing Or Delinquent
United States Mortgage Market News

nytimes.com:
Asian Governments Indicate They May Take Action to Deter Speculation
Asia Housing Market Bubble News

timesonline.co.uk:
UK: Tired of Country Life, Downsizers Are Moving Back to City
Retirement Property News

latimes.com:
Foreclosures in U.S. Will Keep Rising Through 2010, Report Says
United States Foreclosures News

bloomberg.com:
U.S.: FHA, Prime Mortgage Defaults at Records on Job Losses
Prime Quality Mortgage News

cnn.com:
You Don't Have to Be a Millionaire to Buy House
Indiana Indianapolis Real Estate News

telegraph.co.uk:
Property: Therapy for the City-Weary
Farmhouses News

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Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

West Palm Beach commercial real estate broker offers key points to remember when refinancing a commercial property mortgage [16 Nov 2009]

Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

South Florida commercial real estate broker - Ed Kearney takes office as president of Palm Beach chapter of Realtors Commercial Alliance [08 Oct 2009]

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
Tom Daschle, Not Secretary of Health, But Still A Force In The Fight for Health Reform (Joe Rothstein's Commentary) [12 Nov 2009 - 12:24]

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Buying and Selling News

£5 million home up for sale in £50 competition [21 Nov 2009 - 09:32]
Home sales prices may rise in Central Texas [21 Nov 2009 - 08:15]
N.H. home sales up, prices down [21 Nov 2009 - 08:15]
Existing home sales seen at highest since July 2007 [21 Nov 2009 - 07:32]
Rural home appliance sales top 50b yuan [21 Nov 2009 - 07:15]

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Housing Market News

Foreclosure filings in Weld and Colorado rise [21 Nov 2009 - 10:14]
Delinquencies could pull down home prices [21 Nov 2009 - 09:53]
Horsham district housing prices still increasing [21 Nov 2009 - 09:33]
Homeowners May be Able to Prevent Foreclosure through Mediation Program [21 Nov 2009 - 09:31]
New Book, Create Wealth with Homeownership, Teaches Home Buyers How to Avoid Foreclosure [21 Nov 2009 - 09:20]

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Institutions News

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Mortgage Lenders News

Saturday's Letters: Getting tied in knots by Northern Rock's red tape [21 Nov 2009 - 07:32]
Brief: Wells Fargo welcomes new mortgage banker [21 Nov 2009 - 01:37]
Federal Home Loan Bank of Seattle Announces Board of Director Election Results (BIZ) [21 Nov 2009 - 01:24]
Federal Home Loan Bank of Seattle Announces Board of Director Election Results [21 Nov 2009 - 01:05]
Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Gymboree Corp. http://www.zacks.com/ [21 Nov 2009 - 00:30]

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Property Developers News

Property Developer Acquires Land in Beijing at 5.05 Bln Yuan [21 Nov 2009 - 07:52]
Property developers showing new confidence [20 Nov 2009 - 17:29]
Zimbali property developer scrambles to raise cash [20 Nov 2009 - 14:43]
Property developer loses court appeal [20 Nov 2009 - 06:11]
Property developer loses appeal [20 Nov 2009 - 06:06]

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Real Estate Brokers News

Coldwell Banker Commercial TradeMark Properties Celebrates 25 Years in the Triangle [21 Nov 2009 - 09:34]
News Briefs -- Akron ranked most affordable college town in Coldwell Banker Real Estate comparison [20 Nov 2009 - 22:44]
Re/Max Foothills marks anniversary [20 Nov 2009 - 07:33]
Coldwell Banker Professional Realtors [20 Nov 2009 - 05:16]
Safeguard Business Unit Provides Services to Coldwell Banker [19 Nov 2009 - 16:31]

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Real Estate Financing News

Don't confuse low prime rate with low fixed mortgage rates [21 Nov 2009 - 10:32]
11 Percent Of Home Loans Behind Or In Foreclosure [21 Nov 2009 - 08:53]
Gloomy outlook of building society suffering profits fall [21 Nov 2009 - 08:32]
7% of Minn. home loans delinquent [21 Nov 2009 - 07:32]
Obama's Home Mortgage Refinance Loan with Bad Credit @ Low Rates [21 Nov 2009 - 07:32]

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Real Estate Miscellaneous News

Real Estate is Local: Homebuyer tax credit extended and expanded [21 Nov 2009 - 10:14]
Albany man admits mortgage fraud [21 Nov 2009 - 09:53]
New Luxury Real Estate Listing for Judy Zeder and The Zeder Team - 6801 Granada Blvd [21 Nov 2009 - 09:32]
Albany man pleads guilty to mortgage fraud [21 Nov 2009 - 04:31]
Asifo gets 57 months for mortgage fraud [21 Nov 2009 - 03:15]

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California Housing Boom News

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