Home Prices Jump, Number Of Distressed Properties Drops In LA CountyThe number of distressed properties sold in Southern California and statewide has plunged dramatically over the last five years, resulting in higher home prices, according to a real estate industry group.
7 Arrested For Alleged $6.2 Million Mortgage ScamState authorities say the men were arrested Wednesday on an indictment charging them with grand theft, income tax evasion and conspiracy.
Mayor Garcetti Helps Promote New Anti-Foreclosure Help Line Los Angeles Mayor Eric Garcetti joined with community activists and homeowners Thursday to promote a new, anti-foreclosure help line.
Home’s Auction Shut Down Over Stray Voltage Concerns In Redondo Beach NeighborhoodAn auction for a foreclosed home was shut down Wednesday over stray voltage concerns in a Redondo Beach neighborhood.
LA Foreclosure Filings Down 13.3 Percent In June As Home Repossessions Decline Across USLenders initiated the foreclosure process on 57,286 homes last month, the lowest level for any month in 7½ years, foreclosure listing firm RealtyTrac Inc. said Thursday.
March Foreclosure Rates Lowest In 5 YearsThe number of American homes reposed by lenders in March fell to the lowest level in more than five years, according to Los Angeles-based Realty Trac Inc.
Elderly Man Robbed, Beaten During Home InvasionAn elderly man was robbed and beaten in his San Bernardino home, according to authorities.
SoCal Foreclosure Rates Lowest In 6 YearsCalifornia has one of the highest foreclosure rates in the nation but overall filings in November reached a low not seen in six years, according to data published by Realty Trac.