Yearly Archives: 2007

LOS ANGELES, Nov. 7 /PRNewswire/ -- Staying on top of the real estate market is easy and fun when using one of today's most popular and consumer-friendly platforms, the Apple iPhone.

LOS ANGELES, Nov. 5 /PRNewswire-USNewswire/ -- Los Angeles Neighborhood Housing Services, (LA NHS) will host a press conference featuring the Reverend Jesse Jackson as he speaks to homeowners facing foreclosure in a LA neighborhood. Reverend Jackson will urge Los Angeles homeowners at risk of foreclosure to take the first step to avoid losing their biggest investment by calling for help at 888-995-HOPE.

SACRAMENTO, Calif., Nov. 2 /PRNewswire/ -- The Western Manufactured Housing Communities Association Foundation (WMA Foundation) announced today that it had provided direct financial assistance to residents in a manufactured housing community in Fallbrook devastated by the recent fires.

GMAC ResCap will offer mortgage relief counseling, and other assistance to about 330,000 GMAC Mortgage and Homecomings Financial customers that may be affected by the Southern California wildfires within the areas that have been declared federal disaster areas.

Valued from $85,000 to over $800,000, Homes Will Be Auctioned November 12-18 in San Jose, Kelseyville, Modesto, San Francisco Bay Area, Sacramento & Stockton

IRVINE, Calif., Nov. 1 /PRNewswire/ -- RealtyTrac(R), the leading online marketplace for foreclosure properties, today released its Q3 2007 U.S. Foreclosure Market Report, which shows a total of 635,159 foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported on 446,726 properties nationwide during the third quarter, a 30 percent increase from the previous quarter and an increase of nearly 100 percent from the third quarter of 2006.

Digital Realty Trust's Chicago Facility Sets New Standard for Energy Efficiency and Environmentally-Friendly Design among U.S. Datacenter Facilities

SAN DIEGO, Oct. 31 /PRNewswire/ -- Californians who have been struck by the tragedies of the wildfires have many resources online to use when they are ready to begin rebuilding their homes and their lives. In addition to searching Google, homeowners can also visit an online referral service such as CalFinder or All Around the Home

Successful San Diego Public Home Auction Raises Thousands of Dollars for Fire Victims. IRVINE, Calif., Oct. 30 /PRNewswire/ -- Industry leader Real Estate Disposition Corporation (REDC), announced today that it will contribute $22,500 to the San Diego/Imperial Counties, California Chapter of the American Red Cross for disaster relief efforts following the destructive wildfires in the San Diego area.

With Homes Valued from $100,000 to nearly $700,000, Buyers Will Likely Find Pick of Deals at Auction Scheduled November 6-11

Centralized Online Source of Short-Term Rentals for Displaced Victims of Fires

CHICAGO, Oct. 26 /PRNewswire/ -- Online rentals category leader, Apartments.com, today launched the Southern California Wildfires Resource Center within its site to help the estimated 500,000 homeless and displaced citizens in Southern California. The Resource Center provides valuable information to help individuals locate rental information or other wildfire relief resources quickly and easily.

MINNEAPOLIS, Oct. 25 /PRNewswire/ -- GMAC ResCap will offer mortgage relief counseling, and other assistance to about 330,000 GMAC Mortgage and Homecomings Financial customers that may be affected by the Southern California wildfires within the areas that have been declared federal disaster areas

SPRING VALLEY, Calif., Oct. 24 /PRNewswire/ -- Residents of Covenant's Mount Miguel Village are doing well after spending another night at San Diego High School. They were evacuated from the Spring Valley campus late Monday night, but are receiving excellent care and attention from Covenant staff and volunteers including doctors and nurses who were on-hand.

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.

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.

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.

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.

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)

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