Real Estate Economic News

July 27, 2009

GAO: Federal Loan Modifications Projections Overstated… HAMP Struggles

It seems that a lot of the good news about  loan modifications lately have been not based on real numbers, but on assumptions made by the Obama […]
July 9, 2009

Sacramento One Of Fifteen Markets With 99.9% Risk Of Decline

Mortgage Insurer PMI Group said in its quarterly Economic and Real Estate Trends (ERET) report (see US Market Risk Index ) that the Sacramento—Arden-Arcade—Roseville CA real […]
May 16, 2009

“The Pain Will Not Go Away Until Foreclosures Subside.”

President Obama’s   plan to help millions of troubled homeowners stay out foreclosure by modifying mortgage payments is just getting off to a slow start. “It prolongs […]
May 12, 2009

April 2009 California Foreclosure Report

From Foreclosureradar.com                                 INVESTORS PURCHASE RECORD NUMBER OF FORECLOSURES AT AUCTION […]
May 12, 2009

Sacramento ByDesign merges with ClearPoint beginning on May 1.

Central Valley Credit Counseling Company Being Acquired •  ByDesign Financial Solutions merges into ClearPoint Credit Counseling Solutions •  May expand Central Valley footprint ByDesign Financial Solutions […]
May 12, 2009

March 12, 2009 CALIFORNIA FORECLOSURE REPORT

California’s Average Negative Equity at Foreclosure Exceeds $200,000 Notices of Default and Properties Sold at Auction Continue to Rise in February Discovery Bay, CA, March 12, […]