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Around Los Angeles
Information on real estate, events, and anything newsworthy around Los Angeles
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California foreclosure-prevention measure nears final passage

California foreclosure-prevention measure nears final passage | Around Los Angeles | Scoop.it
SACRAMENTO -- A historic, first-in-the-nation foreclosure-prevention measure is one step away from final passage in the California Legislature.
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Demand for Foreclosures Triples for Homebuyers: Realtor.com

Demand for Foreclosures Triples for Homebuyers: Realtor.com | Around Los Angeles | Scoop.it
The stigma associated with foreclosure purchases has apparently faded with interest in foreclosures nearly tripling in the past two years, according to a survey released Wednesday by Realtor.com.
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Foreclosures to rent are a hot investment

Foreclosures to rent are a hot investment | Around Los Angeles | Scoop.it
A new report predicts the market for foreclosed homes that are turned into rentals will be worth more than $100 billion this year.
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Harder for non-investors to buy foreclosures Amy Hoak's Home Economics

Harder for non-investors to buy foreclosures Amy Hoak's Home Economics | Around Los Angeles | Scoop.it
It’s getting harder for non-investors to buy foreclosures in some parts of the country, as lenders shift their strategies on how to deal with distressed inventory.
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» Improving Foreclosure Prices Drive Recovery

» Improving Foreclosure Prices Drive Recovery | Around Los Angeles | Scoop.it
» Improving Foreclosure Prices Drive Recovery...

Recent price increases with bank-owned homes are helping to provide an overall boost to the housing market, a recent report from Clear Capital says.

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Short sales of homes soar 25% to three-year high, RealtyTrac says

Short sales of homes soar 25% to three-year high, RealtyTrac says | Around Los Angeles | Scoop.it
The number of U.S. homes purchased via short sale hit a three year-high in the first quarter of 2012, up 25% from a year earlier, according to a report on foreclosure-related sales.
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Foreclosures fall in California and U.S. -- but it may not last

Foreclosures fall in California and U.S. -- but it may not last | Around Los Angeles | Scoop.it
The foreclosure picture brightened last month in California and nationwide, but the improvement may not last, according to Irvine data tracker RealtyTrac.
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