Price limits for cheaper rates to expire Oct. 1 The chief economist of the California Association of Realtors says her group is resigned to seeing high-dollar limits on lower-cost “conforming” loans expire on Oct. 1, resulting in greater financing costs for people buying pricier homes. Leslie Appleton-Young said Realtors fought to extend the limit, but …
Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down to levels not seen since late 2008, when governmental intervention caused a temporary but massive drop in activity. Foreclosure sales saw similar declines throughout our coverage …
No New Foreclosure Wave in Sight for California Foreclosure activity in California was again mixed last month, according to a locally based firm that tracks every foreclosure action in the state, ForeclosureRadar. The company’s latest California market report shows that foreclosure filings and cancellations dropped in July after rising the month before, while foreclosure sales …
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The number of foreclosure sales that were cancelled in California hit an all-time record in June, according to a report released Tuesday by ForeclosureRadar, a locally based company that tracks every foreclosure in the state and provides daily auction updates. The company characterized foreclosure activity in the Golden State as “mixed” last month, with filings …
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