Los Angeles Times - The Golden State's real estate market lost a bit more of its luster as the total value of California's properties fell for the second year in a row — and for the second time since records were first kept in 1933 at the depths of the Great Depression. MORE
San Francisco Chronicle - State legislation to protect homeowners from foreclosure while pursuing a loan modification, widely supported by consumer groups but opposed by the banking California industry, has failed in the state Assembly. MORE
SALVADOR J. RAMOS, REALTOR®Coldwell Banker Brokers of the Valley1775 Lincoln AveNapa, CA 94558(707) 257-5645...Direct(707) 337-3276...Cell(707) 253-1042...Faxsaljramos@gmail.comwww.saljramos.com
Wall Street Journal - Between January and June, 26% of homeowners who refinanced chose a 15-year fixed-rate mortgage, according to data from CoreLogic. MORE
Los Angeles Times - Adding to worries about the economy's direction, the number of newly delinquent home loans has risen for two consecutive quarters in what could foreshadow another surge in unemployment-related foreclosures. MORE
CBS News - Toll Brothers Inc. on Wednesday posted a fiscal third-quarter profit... The Horsham, Pa.-based company earned $27.3 million, or 16 cents per share, for the quarter that ended in late July... That compares with a loss of $472.3 million, or $2.93 a share, last year. MORE
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