Monthly Archives: December 2010

The Orange County Register – Jon Lansner, December 29, 2010: “Distressed properties have accounted for between 31% to 38% of all residential sales in Orange County over the past year, and will likely continue to do so in 2011. To … Continue reading →

Excerpt from The Sacramento Bee – Janna Herron, December 30, 2010: The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, reflecting higher yields on long-term Treasurys. Click here for full article.

Excerpt from San Francisco Chronicle – Janna Herron, December 30, 2010: People are starting to buy homes again, lifting a battered industry that is bracing for its worst sales year in more than a decade. Signed contracts to purchase homes rose in … Continue reading →

Excerpt from Inman News, December 28, 2010: The robo-signing controversy continues to slow the progress of homes through the foreclosure process and into lenders’ real estate owned inventories, the latest numbers from mortgage-data aggregator Lender Processing Services show. A record … Continue reading →

Excerpt from Los Angeles Times – Associated Press, December 28, 2010: Consumer confidence slipped this month as more people worried that the job market is worsening. The latest survey from Conference Board showed a decline even after people increased their … Continue reading →

Excerpt from CNNMoney.com – Les Christie, December 28, 2010: Prices in 20 key cities fell 1.3% in October from a month earlier, an annualized decline of 15%, according to the S&P/Case-Shiller index released Tuesday. Prices were down 0.8% from 12 months … Continue reading →