Archive for the 'foreclosures' Category

Short sales and foreclosures made up 52 percent of all recent Southern California home sales – Lenders aggressively pricing lower-end properties to move. Two Pasadena examples.


The future of the American housing market just became more complicated: The impact of the mortgage settlement and financial tectonic plates shifting.


Million dollar foreclosure hunter – The distressed inventory of Beverly Hills. Expensive properties with no mortgage payments. WaMu Alt-A mortgage products reappear in Beverly Hills.


The true picture of the California housing market – 114,000 foreclosures listed on the MLS but 257,000 foreclosures are active. Over 622,000 homes are in foreclosure or have missed at least one mortgage payment. 30 percent of California homeowners in negative equity. Net worth and income data for the state.


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