Monthly Archives: January 2012

From The ORANGE COUNTY REGISTER – JONATHAN LANSNER: Homebuying in Irvine is slowing down by the freshest math. Click here for full article.

From the Los Angeles Times – Alejandro Lazo: The Center for Responsible Lending has called a proposed $25-billion settlement over faulty foreclosure practices between attorneys general, federal agencies and the mortgage industry “an important step forward in addressing foreclosure abuses.” Click here … Continue reading →

From the San Franciso Chronicle – Derek Kravitz: The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier. Click here for full article.

From MercuryNews.com – Martin Crutsinger:  WASHINGTON — The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow … Continue reading →

From the Mission Viejo Patch – Sarah de Crescenzo: Orange County’s estimated unemployment rate for December 2011 dipped below 8 percent for the first time in nearly two years. Click here for full article.

From CNN Money – Les Christie:  New home construction slowed slightly in December after a strong November showing, but was still much more active than a year earlier. Click here for full article.

From the inmanNEWS: Metro areas in Michigan and the Southeast experienced the most substantial cuts in for-sale home prices listed on Zillow.com in 2011 compared to 2010. Flint, Mich., and Detroit topped the list at No. 1 and No. 2, … Continue reading →

From the Los Angeles Times: The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or … Continue reading →