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Monthly Archives: November 2009
San Francisco Home Prices Up in October 2009
SAN FRANCISCO, Nov 19 (Reuters) – San Francisco Bay Area home prices topped year-ago levels for the first time in nearly two years in October as foreclosure sales slowed and high-end deals picked up, research company MDA DataQuick reported on … Continue reading
Southern California Home Sales Stabilizing
Southern California home sales rose in October as prices showed more signs of firming. The median sale price fell by the smallest amount in two years, the result of a shrinking inventory of homes for sale and government and industry … Continue reading
FDIC Big Real Estate Sellers in 2009
By Brian Louis and Daniel Taub Nov. 17 (Bloomberg) — The Federal Deposit Insurance Corp. has already sold the most real estate this year since 1994 as the regulator takes over properties held by failed lenders. The FDIC raised $727 … Continue reading
Orange County Home Market is Heating Up
http://www.ocmetro.com/t-Housing_market_short_sales11_16_09.aspx By Larry Urish Published: November 16, 2009 The Orange County real estate market – as well as the market throughout all of California – has become more challenging as a result of the marked increase in the number of … Continue reading
J.P. Morgan Hiring Loan Officers
NEW YORK (CNNMoney.com) — JPMorgan & Chase announced plans Tuesday to hire 1,200 mortgage loan officers as the bank moves to expand its home loan business. “We have invested in new systems, aggressively grown our capacity and now are looking … Continue reading