Foreclosed Homes

(credit: CBS)

L.A. County Home Sales Jump Nearly 12 Percent In June

Home 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.

CBS2 / KCAL9–07/17/2012

(Photo credit: David McNew/Getty Images)

US Bank Accused Of Being A Slumlord To South LA, San Fernando Valley Homes

The 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.

07/17/2012

(credit: AP)

Home Prices, Sales Down In Feb From Year Ago

Home 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.

03/17/2011

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