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CONGRESS SERIOUS ABOUT LAME-DUCK ECONOMIC STIMULUS PACKAGE

by countyproperties | Oct 22, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

The Senate, House of Representatives and the White House have all stated their willingness to work through a lame-duck session to pass a second economic stimulus package prior to the end of the year. While many ideas have been circulated, few, if any, appear certain...

FORECAST CALLS FOR PRICES TO LEVEL OUT AND SALES TO RISE IN 2009

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

 FORECAST CALLS FOR PRICES TO LEVEL OUT AND SALES TO RISE IN 2009Home prices throughout most areas of California will post declines next year, while sales of existing homes will continue to rise in 2009, according to C.A.R.’s “2009 California Housing...

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...
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