Monthly Archives: August 2012

Million Dollar Home Sales Surge

California’s most expensive homes have been the least affected of the Golden State’s real estate crisis. From the LAT: Million-dollar-or-more home sales statewide surged in the second quarter to the highest level since the third quarter of 2007 as the … Continue reading

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New Mortgage Rules Coming

Getting a mortgage is a confusing process. Lenders prey on the ignorance of ordinary consumers, making much of their profit from their advantage in knowledge. THE LAT: New federal rules would require banks to provide homeowners with better information about … Continue reading

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Think The Housing Market Is Getting Stronger?

Most evidence says yes, the housing market is getting better, but many signals are still negative. Mortgage delinquencies are up. From the LAT: The nation’s slowly improving housing market hit another bump last quarter, with more borrowers missing payments amid … Continue reading

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