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Search 1) News For: Repo Homes San Bernardino California

Sales up, prices down as foreclosures flood Southern California home market  Repossessed properties will soon account for more than half of all sales, experts predict. So many foreclosed homes are for sale in Southern California that these distressed properties will soon dominate the market, forcing prices down even further.

San Bernardino County responds to grand jury report  San Bernardino County issued a response Tuesday to a grand jury report that sharply criticized a number of county department practices, from sending elected officials on costly trips to China to political activity being conducted in the Assessor's Office.

Inland home prices fall steeply as number of sales jumps  Median home prices dropped more steeply in Riverside and San Bernardino counties last month than anywhere else in Southern California, reflecting a burst of purchasing by first-time buyers and investors attracted by foreclosure bargains, a research report released Wednesday found.

Median home price drop in San Francisco Bay area   A research firm says home prices in the San Francisco Bay area plunged 31.8 percent in August. MDA DataQuick says in its report Thursday that the median price for new and resale homes and condos in the nine-county area fell to $447,000 last month, from $655,000 in August 2007.

Median home price drop in San Francisco Bay area  A research firm says home prices in the San Francisco Bay area plunged 31.8 percent in August. MDA DataQuick says in its report Thursday that the median price for new and resale homes and condos in the nine-county area fell to $447,000 last month, from $...

Los Angeles Times' Tim Reiterman named AP's northern California news editor  SAN FRANCISCO - Tim Reiterman, a longtime reporter and editor for The Los Angeles Times, has been named news editor for The Associated Press in northern California.

Palin pulls out of California fundraisers  Republican vice presidential candidate Sarah Palin abruptly canceled a two-day swing in California, her campaign said.The cancellation was surprising because Palin's presence on the ticket had ignited the GOP base in California, the San Francisco Chronicle reported Thursday. Party officials were distributing 15,000 tickets to a Sept. 26 rally in Orange County, and fundraisers reported sell-outs ...

Search 2) News For: Repo Homes San Bernardino California

Repo rate could stay unchanged next month  Reserve Bank governor Tito Mboweni has hinted that the repo rate could be kept unchanged next month if crude oil prices remain low and the rand strengthens.

Foreclosure filings continued to rise in August, report says  The number of foreclosure filings in Fontana and the rest of the Inland Empire continued to climb in August, according to a report by RealtyTrac. The San Bernardino-Riverside County area was the No. 5 metropolitan area in the country for foreclosures for August, the report said.

Valley bargain-hunters buy homes  The 525 existing houses sold in Fresno and Clovis in August represented the first time in three years that more than 500 homes were sold for three consecutive months, the president of the Fresno Association of Realtors reported Thursday. Read comments

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