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FED ANNOUNCES PLAN TO PURCHASE EQUITY STAKES IN BANKS

by countyproperties | Oct 16, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

FED ANNOUNCES PLAN TO PURCHASE EQUITY STAKES IN BANKS AND THRIFTSThe federal government on Tuesday announced the launch of a new program designed to assist with ongoing efforts to help stabilize the U.S. banking system and restore confidence in the country’s...

PENDING HOME SALES UP 7.4 PERCENT IN AUGUST

by countyproperties | Oct 11, 2008 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

PENDING HOME SALES UP 7.4 PERCENT IN AUGUSTPending home sales based on signed contracts rose 7.4 percent from July to August, the highest reading since June 2007, according to NAR’s Pending Home Sales Index released today. The Index jumped to 93.4 from an...

Congress & President passed the Emergency Economic Stabilization Act of 2008

by countyproperties | Oct 2, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

Breaking Commentary: It Passed! Now What?By Liz Ann Sonders, Senior Vice President, Chief Investment Strategist, Charles Schwab & Co., Inc.October 3, 2008In a 263-171 vote, Congress passed the Emergency Economic Stabilization Act of 2008in the hopes of unfreezing...

CA Assoc. Realtors REPORTS SALES INCREASED 56.7 PERCENT

by countyproperties | Oct 2, 2008 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

C.A.R. REPORTS SALES INCREASED 56.7 PERCENT; MEDIAN HOME PRICE FELL 40.5 PERCENT IN AUGUSTHome sales increased 56.7 percent in August in California compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, C.A.R. reported...

Government bail out or more irresponsibility?

by countyproperties | Sep 26, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

    Will the government do a successful bail out or are they being irresponsible? We sit and wait today for Washington to decide on the bail out program. Well, probably not today, knowing how the government was slow to react to the problems...

Video Economist's Commentary: September 22, 2008

by countyproperties | Sep 24, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

  $700 Billion for What? By Lawrence Yun, Chief Economist A massive $700 billion bill will be fast-tracked through Congress this week to give the U.S. government the authority to buy bad mortgages off the books of Wall Street firms. People are calling it the...
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