Articles about Los Angeles Foreclosures

The bank foreclosures have led to an increasing rate of home sales activity. A large number of properties are left vacant due to the problem of foreclosed homes. This problem has created a good real estate market for the first time buyers as they can purchase a home at a price that was something unbelievable [...]

San Diego County has been reported with a sharp 9 percent increase in foreclosed homes in July from what it was in June. About 2,004 homes have received a foreclosure filing in July. Besides, there has been a massive 213 percent increase in the foreclosure filing as compared to 2007. This has hardly hit the [...]

At a conference on community stabilization in the wake of the housing crisis in Los Angeles, the President of the San Francisco Federal Reserve Bank, Janet Yellen, has expressed her concern about the raising rate of foreclosure. She is very much worried about its negative effects on not only real estate owners but also on [...]