Foreclosed Homes

L.A. County Home Sales Jump Nearly 12 Percent In JuneHome sales in Los Angeles County jumped nearly 12 percent in June compared to a year ago, while prices rose by more than 2 percent, according to real estate firm DataQuick.
US Bank Accused Of Being A Slumlord To South LA, San Fernando Valley HomesThe city of Los Angeles is suing US Bank, the fifth largest bank in the country, accusing it of being a slumlord for homes in South LA and the San Fernando Valley.
Home Prices, Sales Down In Feb From Year AgoHome prices and sales dipped in California from year-ago levels as "short sales" and sales of foreclosed homes accounted for more than half of home resales in the state.