Monthly Archives: November 2011

From CNNMoney – Blake Ellis: NEW YORK (CNNMoney) — Homebuyers scooped up more previously owned homes in October, slowly putting a dent in the huge inventory on the market, an industry report showed Monday. Click here for full article.

From the Los Angeles Times – Scott J. Wilson: Installing home solar panels can cut your electric bill and shrink your carbon footprint. But the upfront costs of buying and installing a system can be considerable, even with government rebates. … Continue reading →

From the Los Angeles Times – Alejandro Lazo: Construction of single-family homes picked up nationally last month but not in the West. Click here for full article.

From the Associated Press – Derek Kravitz: WASHINGTON — The average rate on the 30-year mortgage hovered above the record low for a third straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Click … Continue reading →

From the CALIFORNIA ASSOCIATION OF REALTORS: Lawmakers have voted to restore loan limits for the Federal Housing Administration to pre-Oct. 1 levels, but the reprieve won’t apply to Fannie Mae and Fannie Mac. Click here for full article.

From the WALL STREET JOURNAL – ALYSSA ABKOWITZ : Jason Gonsalves worked hard to turn his 6,500-square-foot stucco-and-stone home in the suburbs of Sacramento into the ultimate grown-up party pad, complete with game room, custom wine cellar and an infinity-edge … Continue reading →

From the Los Angeles Times – Alejandro Lazo and Jim Puzzanghera: Investigators with the California attorney general’s office have subpoenaed information from mortgage titans Fannie Mae and Freddie Mac as part of a wide-ranging inquiry into lending and foreclosure practices … Continue reading →

From the San Francisco Chronicle – Kathleen Pender: The government’s expanded refinance program for underwater homeowners, dubbed HARP 2, looks better than expected for both borrowers and banks. Click here for full article.

From the ORANGE COUNTER REGISTER – Jonathan Lansner & Jeff Collins: UCLA economists forecast that California home prices will rise steadily over the next six years, although the recovery in home sales isn’t projected to begin until 2013. Click here … Continue reading →