Monthly Archives: May 2011

From the Los Angeles Times – Jeffry Bartash: Consumer confidence fell in May as Americans grew slightly more pessimistic about future job prospects and business conditions, according to a closely followed survey. The nonprofit Conference Board said its consumer confidence … Continue reading →

From the San Francisco Chronicle – Carolyn Said: Popular wisdom holds that people who lose their homes to foreclosure must be irresponsible deadbeats who can’t handle money. But a new study shows that many homeowners who defaulted on their mortgages … Continue reading →

From CNN Money – Leslie Christie: Home prices hit another new low in the first quarter, down 5.1% from a year ago to levels not reached since 2002. It was the third straight quarterly drop for the S&P/Case-Shiller national home price … Continue reading →

From the ORANGE COUNTY REGISTER– Jonathan Lansner and Jeff Collins: We asked our panel how the end of the world as we know it might impact Orange County real estate. Even with this extreme theoretical query, there was great debate … Continue reading →

From the New York Times – Maryann Haggerty: EVEN though the housing market remains sluggish, Bernell Grier says that her nonprofit agency is hearing from “record numbers of people” seeking advice on how home-buying works and whether they’re in a … Continue reading →

From the ORANGE COUNTY REGISTER – Jonathan Lansner and Jeff Collins: The number of people signing deals to buy homes dropped across the state last month — just the latest in a long list of indicators showing a housing market … Continue reading →

From MercuryNews – Pete Carey: Stung by the crash of the housing market, some struggling homeowners are using a little known but increasingly popular provision of the bankruptcy code to eliminate second mortgages and avoid foreclosure. Statistics are hard to … Continue reading →

From THE ORANGE COUNTY REGISTER – Jonathan Lansner and Jeff Collins: Home-price tracker Zillow says its math shows 1st quarter U.S. home prices falling 3% in three months, the worst quarter-to-quarter drop since the final quarter of 2008. Other items … Continue reading →

From THE SACRAMENTO BEE – Robert Lewis: For the fifth year in a row, California ranks as one of the worst states for mortgage fraud — coming in at number three on the list of the worst states for 2010 … Continue reading →