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LA TIMES REALTY NEWS


L.A. Times - Real Estate News

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.




Home prices decline for a third straight month
The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market.

Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration.




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.




Obama proposes refinancing plan for underwater homeowners
The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.

 




White House details mortgage refinancing plan for homeowners
The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.




Chris Paul buys Avril Lavigne's Bel-Air mansion for $8.495 million
L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.




Home of the Week: Spanish Colonial Revival-style in Pasadena
The four-bedroom, five-bathroom house built in 1920 for industrialist James Wigmore lists for $2,875,000.

A decorative cast stone entrance opens to this restored Spanish Colonial Revival-style house in Pasadena's South Orange Grove area. Built in 1920 for industrialist James Wigmore, the house retains such original details as coffered wood ceilings and arched doorways.





The Integrity Group, Prescott. Windermere Real Estate Northern Arizona. Prescott Real Estate, Prescott Realtor, Prescott Valley Real Estate, Chino Valley Real Estate, Tri-City Real Estate, Yavapai Hills Real Estate, Deanna Poppenberger, Cathy Kamper, Katy McQuade, Christmas City.
The Integrity Group,
Prescott
Telephone
(928) 777-1010
The Integrity Group, Prescott. Windermere Real Estate Northern Arizona. Prescott Real Estate, Prescott Realtor, Prescott Valley Real Estate, Chino Valley Real Estate, Tri-City Real Estate, Yavapai Hills Real Estate, Deanna Poppenberger, Cathy Kamper, Katy McQuade, Christmas City.
 
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