Southern California Real Estate News
OC Register Real Estate News
- 8 February 2012: Mazda buys Irvine complex for $28 million
Mazda North American Operations — the Japanese automaker’s U.S. branch headquartered in Irvine — bought a complex of three Orange County buildings for $27.75 million, says broker Voit Real Estate Services. Mazda spokesman Jeremy Barnes said his... - 8 February 2012: Former U.S. consulate in $33 million flip
Real estate news and views from around the globe that make you go, "Really?" A stately, 10,000-square-foot ocean-front mansion that the U.S. government sold in 1999 for $12 million is back on the market for $45 million … The State Department:... - 8 February 2012: Homebuilder reports 'return to profitability'
Irvine-based homebuilding company Standard Pacific Homes reported this week its first profitable quarter in more than a year at the end of 2011, spurred by improved sales and higher home prices. Coupled with positive results for January, company...
LA Times Real Estate News
- 7 February 2012: California not among states that OK bank settlement
More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms.
More than 40 states signed onto a proposed $25-billion settlement with major mortgage servicers over faulty foreclosure procedures, but California, New York and other key states were still not among them.
- 7 February 2012: Property disclosure ranks high among real estate legal disputes
A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it.
When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves.
- 6 February 2012: California may join multi-state mortgage settlement
California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open.
With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's largest banks, a source said Sunday.
National Real Estate News
Forbes
Yahoo
- 8 February 2012: Zillow Launches Zillow Mortgage Marketplace Android App
SEATTLE, Feb. 8, 2012 /PRNewswire/ -- Zillow® (NASDAQ:Z - News), the leading real estate information marketplace, today announced the launch of the free Zillow Mortgage Marketplace Android™ App giving home shoppers ... - 8 February 2012: Houston-Based Real Estate Developer Closes More Than $75 Million in Healthcare Property Transactions in Two Months
NEW YORK -- Medistar Corporation, under the advisement of healthcare investment banking firm Hammond Hanlon Camp LLC, has completed the sale of three healthcare properties which were developed and owned ... - 8 February 2012: MIPIM Launches RE-Invest: The Real Estate Summit for Institutional Investors
PARIS, Feb. 8, 2012 /PRNewswire/ -- MIPIM, the world's property market, today announces the launch of RE-Invest, a summit bringing together leading institutional investors operating in the property sector.Taking ...
CNN
- 8 February 2012: Homes in foreclosure decline by 130,000
Slowly, but surely, the foreclosure crisis seems to be abating. - 7 February 2012: Foreclosure deal has 40 states, but others balk
More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value. - 3 February 2012: Home repairs: Which jobs come first?
Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.
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