Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association Of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 2.9 percent to a seasonally adjusted annual rate of 5.03 million units in February from a pace of 4.89 million in January, but remain […]

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NAMI Walk     April 19
One in five people will be treated for a biological brain disorder at some point in life. This national 5K walking event aims to erase stigma and educate people about mental health. Participants can enjoy a beautiful day at Balboa Park with exercise and a resource fair. 7:00am - 11:00am. Balboa Park. […]

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Calif. median home price - January 08: $430,370
Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000
Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310
Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent
(Source: C.A.R.)  
Mortgage rates - week ending 03/13/08 30-yr. fixed: 6.13% Fees/points: […]

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Roughly 62 percent of adult Americans say they have taken advantage of mobile access to digital data and tools while away from their work and or home, according to a new survey by The Pew Internet & American Life Project.
According to the survey, some 58 percent of adult Americans have used a cell phone or […]

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A swath of green is covering the real estate industry. Florida, Nevada and Michigan are the states experiencing the greatest problems with mortgage foreclosures, according to a study and report by the Mortgage Asset Research Institute, LLC, for the Mortgage Bankers Association.
"The current market conditions, compounded by mortgage fraud, are having a detrimental impact on […]

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 With Bear Stearns Cos.’ temporary rescue in place, the $200 billion subprime crisis joins the history of government bailouts to preserve jobs, homes and savings when economic disaster looms.
Ever since Treasury Secretary William Gibbs McAdoo shut the New York Stock Exchange for four months in 1914, to prevent foreign investors from cashing out and throwing […]

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  The captain of Bakersfield’s roller derby team, a woman who goes by the name Spider Cricket, has spent two years searching the city for a vacant building — nothing special, just something affordable with a flat floor and 10,000 square feet of emptiness.
Frustrated by time constraints at the skating rinks they use now, team […]

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In an effort to boost market liquidity, the Federal Reserve lowered the discount rate to 3.25 percent from 3.5 percent and launched a new lending program through which money will be moved from securities dealers to the securitization markets.
The effort — the latest attempt to stabilize prices of bonds backed by residential loans as delinquencies […]

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