Local workers want California labeled ‘high-cost’ state

Real estate professionals, including some local ones, are pushing the federal government to declare California a "high-cost" state to ease the home foreclosure crisis that has hit the Vallejo area especially hard.

Unprecedented Opportunities for Buyers as Bay Area Market Struggles in the Third Quarter

PLEASANTON, Calif., Oct. 24 /PRNewswire/ -- Home sales declined by 30 percent in the Bay Area, year-over-year, across all housing types, according to a third quarter report released today by the research division of Prudential California Realty based on an analysis of MLS data.

Countrywide Announces a $16 Billion Comprehensive Home Preservation Program

CALABASAS, Calif., Oct. 23 /PRNewswire/ -- Countrywide Financial Corporation (NYSE: CFC) today announced a comprehensive home preservation program to reach out to borrowers at-risk of default.

CalCORP Mortgage Program Educates Californians to Avoid Foreclosures

LOS ANGELES, Oct. 22 /PRNewswire/ -- Among the top 10 metro areas with the largest number of foreclosure filings are six California cities. Merced topped the list followed by Modesto, Stockton, Riverside-San Bernardino, Vallejo-Fairfield, and Sacramento.

First American LoanPerformance Releases August 2007 House Price Index

SAN FRANCISCO, Oct. 18 /PRNewswire-FirstCall/ -- First American LoanPerformance, a member of The First American Corporation (NYSE: FAF) family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced the release of its August 2007 LoanPerformance Home Price Index (HPI)

California Foreclosure Activity Up in September Despite Apparent Decline

House puts in place legislation to set up next wave of foreclosures; tax break on forgiven debt could incent mid-tier homeowners to flee without fear

Kennedy Wilson Auctions and Sells 56 Homes in Los Banos and Manteca, California

BEVERLY HILLS, Calif., Oct. 17 /PRNewswire/ -- Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an inventory closeout auction of Paseo West, a community of one- and two-story single-family homes ranging up to 3,310 square feet in Manteca, Calif.

RealtyTrac(R) Ranked No. 4 on Deloitte’s Technology Fast 50 List of Orange County’s Fastest...

IRVINE, Calif., Oct. 18 /PRNewswire/ -- RealtyTrac(TM), the leading online marketplace for foreclosure properties, has been named to Deloitte's prestigious Technology Fast 50 Program for Orange County, a ranking of the fastest-growing technology companies in the area.

New Construction Homebuyers Offered up to 250,000 Airline Miles

BEVERLY HILLS, Calif., Oct. 17 /PRNewswire/ -- Beginning today, homebuyers in Southern California are eligible to receive up to 250,000 airline miles on their next new construction home purchase. Incentive Real Estate, Inc., a licensed California real estate brokerage, is providing the unique reward to anyone who purchases a home from one of Incentive's select homebuilder partners in the region.

Trulia Breaks Into Hitwise Top 20 for Most Visited Real Estate Websites

Internet's fastest-growing real estate search engine provides listings, data and community features to help consumers make better real estate decisions

Avery Dennison Turns Business Cards Into a Marketing Tool for Realtors

BREA, Calif., Oct. 15 /PRNewswire/ -- Whether a Top Producer or a Rookie, realtors across the country use thousands of business cards every year, which can be very costly. One office product company is offering a new business card alternative that not only saves time and money, but lets agents turn their cards into a marketing tool.

Keller Williams Realty Westside Chooses National Disclosure Authority as Preferred Provider

SANTA MONICA, Calif., Oct. 15 /PRNewswire/ -- National Disclosure Authority (NDA), an independent hazard disclosure company, founded by the most experienced disclosure experts in the industry, announced today that Keller Williams Realty Westside, a leading Los Angeles real estate brokerage firm, has chosen to name NDA as one of their preferred providers.

Charles R. Wilson & Associates Inc. Joins Integra Realty Resources

PASADENA, Calif., Oct. 15 /PRNewswire/ -- Charles R. Wilson & Associates Inc., a leading valuation and consulting firm based in Pasadena, has become part of Integra Realty Resources, the largest national commercial real estate valuation and consulting firm in the U.S. The name of the new office is Integra Realty Resources-Metro.

Eastside Non-Profit Helps Families Hang on to Their Homes During one of the Worst...

Foreclosure Crisis Hits Hardest in Minority Communities - Research Shows 40 Percent of All Loans to Latinos are High Cost Loans

U.S. Department of the Treasury Seized & Forfeited Property Auction Riverside, CA

RIVERSIDE, Calif., Oct. 12 /PRNewswire/ -- VSE Corporation and Rick Levin & Associates, Inc. will conduct an auction of seized and forfeited property on behalf of the U.S. Department of the Treasury. Other participating agencies may include U.S. Customs & Border Protection, Immigration & Customs Enforcement, Internal Revenue Service, United States Secret Service and Bureau of Alcohol, Tobacco & Firearms.

U.S. Department of the Treasury Seized & Forfeited Property Auction Riverside, CA

RIVERSIDE, Calif., Oct. 12 /PRNewswire/ -- VSE Corporation and Rick Levin & Associates, Inc. will conduct an auction of seized and forfeited property on behalf of the U.S. Department of the Treasury. Other participating agencies may include U.S. Customs & Border Protection, Immigration & Customs Enforcement, Internal Revenue Service, United States Secret Service and Bureau of Alcohol, Tobacco & Firearms.

Tim Lewis Communities’ Amberleigh Offers Energy-Efficient Homes With SunPower Solar-Power Systems

SACRAMENTO, Calif., Oct. 11 /PRNewswire-FirstCall/ -- This weekend, Sacramento-based homebuilder Tim Lewis Communities is opening Amberleigh at Madeira, a new community of energy-efficient, solar-powered homes in Elk Grove, Calif. The planned 61 homes will feature building-integrated solar-electric power systems from SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency, commercially available solar cells, solar panels and solar systems.

Foreclosure Activity Decreases 8 Percent in September According to RealtyTrac(R) U.S. Foreclosure Market Report

IRVINE, Calif., Oct. 11 /PRNewswire/ -- RealtyTrac(R)), the leading online marketplace for foreclosure properties, today released its September 2007 U.S. Foreclosure Market Report, which shows a total of 223,538 foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported during the month, down 8 percent from the 32-month high in the previous month, but still up 99 percent from the number reported in September 2006.

Survey Results Show Lenders Not Helping Borrowers Keep Their Homes

SAN FRANCISCO, Oct. 10 /PRNewswire-USNewswire/ -- California's largest lenders are not helping borrowers, who struggle to make their mortgage payments, avoid foreclosure. The California Reinvestment Coalition (CRC) surveyed 33 of the state's more than 80 mortgage counseling agencies that offer assistance to financially strained borrowers, and found that most borrowers are pushed to foreclosure or short sale, leaving them without the homes they worked so hard to own.

Mortgage Meltdown

Ever since the real estate market boiled over, melting down the mortgage industry and its cheap-money feeding frenzy, I've been waiting for one happy outcome: an end to the roar of mortgage brokers at my various doors.

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San Francisco’s Skyline: New Urban Development Projects to Bring the City...

The TransAmerica Pyramid used to be the tallest building of the Bay City, but the recently inaugurated SalesForce Tower has stolen its title, with its 61-stories and 1,070 feet. This project is only the beginning of a series of infrastructural plans set out to revamp San Francisco’s skyline in the years to come.