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Recent Posts in Real Estate Category

U.S. Government Sues 17 Financial Firms for Role in Toxic Securities

In a business lawsuit of epic proportions, the U.S. Federal Housing Finance Agency (FHFA) is suing 17 financial firms, including the world’s biggest banks, for selling Fannie Mae and Freddie Mac ...
Continue reading "U.S. Government Sues 17 Financial Firms for Role in Toxic Securities" »

July Home Sales Continue Dropping in Southern California

Southern California home sales dropped to their lowest July amounts in four years, according to data reported by the Los Angeles Times. Median home prices were also down four percent to $283,000. ...
Continue reading "July Home Sales Continue Dropping in Southern California" »

S&P U.S. Credit Downgrade's Possible Affect On Real Estate

Standard & Poor’s (S&P) dropping of the U.S. long term credit rating one notch from “AAA” to “AA+” on August 5, 2011 was a historic and monumental wakeup call ...
Continue reading "S&P U.S. Credit Downgrade's Possible Affect On Real Estate" »
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