Archive for the 'California' Category

Foreclosures in Los Angeles Simplified

According to a recently released report, there are more than 13,000 foreclosed homes in the city of Los Angeles. Besides these, there are homes which are amidst the foreclosure process and homes which risk facing foreclosures. With these large number of foreclosure linked homes up for sale, prices of homes have fallen [...]

Stockton Foreclosures - The Up-side

A revamped report released by E-Foreclosuresearch puts Stockton on top of the list of metros worst it by real estate foreclosures for the first six months of 2008. According to them there is one household in every 27 going through some phase of foreclosure. Their data reveals that May 2008 saw [...]

Oakland Foreclosures See Light

With the much awaited ‘Mortgage Reform Bill’ finally seeing the light of the day, residents of Oakland can finally afford to buy that first home that they’ve wanted to. $400 billion in aid for local communities to help buy and recuperate homes that have been foreclosed has been promised. Thanks [...]

Feeling Good About Santa Ana Foreclosures

Figures released by E-Foreclosuresearch.com show that there were 63,988 new foreclosure filings across California in April 2008. In May 2008, there were 891 new foreclosures in Santa Ana alone. The average sale price n April 08 in California according to them was $ 285,226, which was a saving of 29% as compared to the same [...]

The up-side of San Jose Foreclosures

With President Bush signing the ‘Mortgage Relief Bill’ residents of San Jose facing foreclosure see a shimmer of hope in the form of being provided with flexibility to refinance their loans. Grants up to the tune of $3.9 billion have been provided to communities that have suffered most to fix and [...]

San Diego Foreclosures To See Better Times

;The ‘Mortgage Reform Bill’ passed by the congress, and signed into an Act by President Bush, sends a ray of hope to homeowners of homes facing foreclosures in San Diego. Frannie Mae and Freddie Mac, who together handle close to half the country’s mortgages are to receive relief, however how this [...]

San Francisco Foreclosures - Sunny Side Up

Current and prospective home owners across San Francisco see relief with President Bush passing the ‘Mortgage Relief Act’ put forward by the 110th Congress.  A group called HOPE NOW alliance had been formed involving people related to the Mortgage business. This group includes mortgage counselors, investors and lenders [...]

Happy Days for Sacramento Foreclosures

Dips in median sales prices in Sacramento have seen a new low. Compared with Jan 2007, prices have gone down 26.8% till Jan 2008. As compared to the high period of Aug 2005, the dip is 34.6%.
According to CBS13.com Sacramento is now facing a new trend. Home owners are going in for what is termed [...]

Benefit from the Los Angeles Foreclosures

With President Bush signing the ‘Mortgage Reform Bill’, help is definitely on the way for people in Los Angeles to either hold on to their homes or buy new homes. Frannie Mae and Freddie Mac, who together handle close to half the country’s mortgages, are to receive relief. An authorization to refinance mortgagees to the [...]

The Long and Short of Long Beach Foreclosures

Data collected by E-Foreclosuresearch shows that in May 2008 there have been 616 new foreclosures across Long Beach. According to Default Research there has been a staggering increase in foreclosure properties in the last one year in the Los Angeles County; from 4,243 in June 2007 to 12,727 in June 2008. That is a 227.40% [...]


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