Monthly Archives: February 2011

From The Orange County Register – Jonathan Lansner and Jeff Collins: Cash is king, when it comes to Orange County real estate. Janaury marked the highest level of cash buyers for Orange County homes in DataQuick’s statistical archive that dates … Continue reading →

From The San Diego Union-Tribune – Susan Tinsky: It is no secret that California is one of the most expensive states for housing in the United States. Because of the high cost of living, affordable housing has been vital for thousands … Continue reading →

From The Orange County Register – Marilyn Kalfus: California saw a nearly 7 percent increase in foreclosure starts in January compared to December, 2010, while notice of trustee sales dropped almost 14 percent from the prior month, the latest report … Continue reading →

From CNNMoney.com – Les Christie: Sales of existing homes recorded modest gains in January, the third straight month of month-over-month increases. According to the National Association of Realtors, homes sold at an annual rate of 5.36 million in January, up … Continue reading →

From CNNMoney.com – Les Christie: Home prices took a big hit at the end of 2010, even as the rest of the economy gained steam. National home prices fell 4.1% during the last three months of 2010, compared with 12 … Continue reading →

From The New York Times – Lynnley Browning: STARTING April 1, under a new compensation rule from the Federal Reserve, borrowers who get their mortgages through brokers will most likely pay less for their services and must be offered the … Continue reading →

From SFGate.com – Kathleen M. Howley: A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as lenders and servicers delayed home seizures to investigate charges of improper documentation. About … Continue reading →

From The Wall Street Journal – S. Mitra Kalita: The median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to an analysis for The Wall Street Journal by real-estate … Continue reading →