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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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US mortgage delinquencies to fall in 2010 8 Dec 2009 00:20 GMT
... and political capital trying to stabilise the� housing market. After studying 27m consumer records, TransUnion ... the turning point is in sight.” Delinquencies soared during the crisis – with annual increases of ... In Florida, where the collapse of the property bubble has badly damaged the local economy, ...
Walking away from a mortgage: Desperate, or savvy? 7 Dec 2009 23:15 GMT
... is hitting a nerve as the nation's housing crisis enters its fourth year. White is hardly ... is bigger than the value of a home. Nonetheless, his suggestions have gone viral and ... other lenders doled out mortgages during the boom, often without demanding down payments or checking ...
Underwater homeowners better off walking? 7 Dec 2009 17:50 GMT
... is hitting a nerve as the nation's housing crisis enters its fourth year. White is hardly ... is bigger than the value of a home. Nonetheless, his suggestions have gone viral and ... other lenders doled out mortgages during the boom, often without demanding down payments or checking ...
The US economy in 2010 7 Dec 2009 15:37 GMT
... 2010. 1. Some market watchers attribute the upturn in third-quarter US GDP to high levels ... the official government stimulus programme that included homebuyer credits, reduced tax withholding rates, aid to ... inventory restocking, slow but steady improvement in housing construction, and continuing government stimulus spending. Autos ...
Ten ideas to save the planet 7 Dec 2009 10:18 GMT
... fuel cells. With coal demand expected to soar by 2030 capturing and storing carbon emissions ... answer to mitigating climate change? If UK homes were properly insulated carbon emissions would drop ... by 3.8 million tonnes. Can ageing British housing stock keep up with the green revolution? ...
WEB EXTRA: Motown turns 50, and the party's far from over 7 Dec 2009 02:36 GMT
... that came through. It was such a surge,” said singer-songwriter Jewel, whose recently released collection ... Florence Ballard grew up in the city's housing projects. Gordy plucked from Detroit's flourishing nightclub ... ” For Baker, Motown's barrier-busting ways hit home. “I remember 'The Ed Sullivan Show.' ... ...
Deputies witness recession's toll as evictions increase 6 Dec 2009 22:57 GMT
... behalf of Wells Fargo to evict the homeowners. But instead of swinging inward, the front ... than ever, as the dismal economy and housing market drive up the number of evictions, even ... estate agents. Nathan grossed $300,000 during one boom year, but now he works for Petco ...
Building supply's restructuring leads to Salisbury property sale 6 Dec 2009 14:51 GMT
... Stock Building Supply, a Raleigh, N.C.-based supplier of building materials to home builders and contractors, thrived during the housing boom several years ago, and acquired the parcel in September 2006. But in 2007, the ...
Building supply firm's restructuring leads to Salisbury property sale 6 Dec 2009 10:12 GMT
... Stock Building Supply, a Raleigh, N.C.-based supplier of building materials to home builders and contractors, thrived during the housing boom several years ago, and acquired the parcel in September 2006. But in 2007, the ...
Georgia banks are continuing to cut, shift jobs 6 Dec 2009 06:53 GMT
... firm . “In parts of the country, home prices are down 20, 30, 40 percent. ... need as much staffing as in the boom times, experts say. “You had a housing industry and a banking industry that were set ...
Riverside shows poorly in executive hiring 5 Dec 2009 20:42 GMT
... doing better at attracting more professional workers before the recession, mostly because of the housing boom. Many homebuilders opened Inland offices, mostly along the Interstate 15 corridor, and most of these offices ...
Kudos for UW-Madison blogger 5 Dec 2009 15:37 GMT
... over their financial futures, it’s proven a boom time for economists. Long derided as the ... capital flowed into the United States, imports surged, the housing market surged and the financial sector boomed,” ...
Optimism returns as unemployment rate dips to 10% 5 Dec 2009 08:12 GMT
... -- an unexpected turnaround after it had surged into double digits in the previous month ... has turned the corner, not least because housing, automakers and bank lending continue to struggle. ... does, Winters said. And the plunge in real estate and lending hit harder in Arizona, California ...
Help needed for underwater mortgages 5 Dec 2009 04:31 GMT
... is hitting a nerve as the nation's housing crisis enters its fourth year. Brent White denies ... is bigger than the value of a home. Nonetheless, he lays out a case of ... other lenders doled out mortgages during the boom, often without demanding down payments or checking ...
Walking Away from Mortgage Not the Answer 5 Dec 2009 01:27 GMT
... a foreclosure sign stands outside an existing home on the market in Denver. More than ... is hitting a nerve as the nation's housing crisis enters its fourth year. White is hardly ... other lenders doled out mortgages during the boom, often without demanding down payments or checking ...

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Pictures of the Day

reuters.com:
SEC Charges Ex-New Century Execs in Subprime Case
Subprime Mortgage News

timesonline.co.uk:
Homeowner Bailout Plan May Not Stop U.S. Housing Market Crash
United States Housing Market Downturn News

ecreditdaily.com:
Bernanke: Tight Credit Still Hurts Households, Small Businesses
Ben Bernanke & Real Estate News

bloomberg.com:
Bank of Canada Rates in House Boom Prompt Bubble Talk
Canada Real Estate News

nzherald.co.nz:
New Zealand: Is the Country Facing Another Housing Boom?
New Zealand Housing Boom News

news.com.au:
Australia: No One Will Lose Their House, Westpac Says
Australia Real Estate News

hispanicbusiness.com:
Reverse Mortgage Popularity on Rise
Reverse Mortgages News

thisismoney.co.uk:
Three Traps That Stop You Moving Home
Housing Market News

nationalmortgageprofessional.com:
Man Sentenced to 30 Months for Mortgage Fraud Scheme
Mortgage Fraud News

nytimes.com:
Berlin Real Estate Holding Firm
Germany Berlin Real Estate News

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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

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]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Buying and Selling News

Pending Home Sales Best In 3 1/2 Years As Factories Expand and China's Reluctance To Let Yuan Rise Is Mixed Bag For U.S. [08 Dec 2009 - 03:33]
The Winnipeg real estate market recorded its second-best November for home sales in the organization's 106-year-history. [08 Dec 2009 - 02:06]
Jamie Oliver enjoys tasty home sales [08 Dec 2009 - 00:34]
Ireland - Lakeside Home with Private Marina for Sale [07 Dec 2009 - 23:10]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]

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Housing Market News

MPs go to war over public housing plans [08 Dec 2009 - 05:13]
Dec. 07: Transactions, foreclosures, etc. [08 Dec 2009 - 05:12]
Never missed a mortgage payment and still facing foreclosure [08 Dec 2009 - 05:12]
Home prices dive [08 Dec 2009 - 04:56]
Peel residents get hand with housing market [08 Dec 2009 - 04:37]

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Institutions News

Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]

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Mortgage Lenders News

Fannie Mae to redeem about $265M of securities [08 Dec 2009 - 01:23]
Bank of America says 600,000 mortgages modified [08 Dec 2009 - 01:01]
Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Ellington's Vranos to bet $208M IPO on mortgage bonds [08 Dec 2009 - 04:31]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [08 Dec 2009 - 03:15]
Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]

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Real Estate Miscellaneous News

Mortgage execs face fraud charges [08 Dec 2009 - 04:56]
Richmond landlord held in tenant's stabbing death [08 Dec 2009 - 02:06]
Herman Miller's Embody Chair Receives FX International Interior Design Award [08 Dec 2009 - 01:18]
Court upholds sentence in mortgage fraud [08 Dec 2009 - 01:00]
Weak Real Estate Market Has Many Paying Less Property Tax This Year [07 Dec 2009 - 23:32]

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