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Archive for April, 2009

More errr….. Good News! (It’s All Relative)

Posted in Conejo Valley News, Home Buyers, Los Angeles County Real Estate, Oak Park Real Estate, Real Estate, San Fernando Valley Real Estate, Southern California Real Estate, Thousand Oaks Real Estate, Ventura County Real Estate, West Hills Real Estate, Westlake Village Real Estate, housing crisis, real estate crisis on April 29, 2009 | Leave a Comment »

The Bad News: US Housing Prices declined 18.6% in the most recent Case-Schiller index report.
The Good News: For the first time in 16 months the decline does not represent a new record.
Chew on that for a while, it’s another sign that the US Housing market is beginning to stabilize.
More Good News: My official call [...]

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Spike in Notices of Default issued in California

Posted in Conejo Valley News on April 14, 2009 | Leave a Comment »

Lenders started foreclosure proceedings on a record number of California homes in March, even as sales at auction fell dramatically, data aggregator ForeclosureRadar reported.
The number of California homes subjected to notices of default — the first step in the foreclosure process — surged 29.3 percent from February to March, to 54,268, the company said. That’s [...]

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