by countyproperties | Dec 23, 2011 | Finance, Latest News
The number of initial jobless claims fell further last week to the lowest level in more than three years. The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended Dec. 17 declined by 4,000 to 364,000 from 368,000 the...
by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Housing starts shot higher by 9.3% in November, according to Commerce Department data, climbing to the highest level of the year. On a seasonally adjusted basis, starts increased to 685,000 from 627,000 for October, which was revised downward 1,000. November housing...
by countyproperties | Dec 16, 2011 | Finance, Latest News, San Diego Real Estate
After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures...
by countyproperties | Dec 16, 2011 | Latest News, Riverside foreclosure news, San Diego Foreclosure news
U.S. home values continued to fall in October, but at a rate that has stabilized as the market heads toward a bottom, according to a report from property valuation site Zillow. Nationally, home values dipped 0.3 percent in October from September, and declined 5.1...
by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales
Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...
