Real Estate Blog

San Diego Union-Tribune - The NATIONAL ASSOCIATION OF REALTORS® said Thursday that its pending home sales index, which tracks the number of homes under contract but have yet to close escrow, increased 5.2 percent in July compared with June... MORE

Reuters - The U.S. loan picture improved slightly during the second quarter, with the amount of loans 90 days or more past due declining for the first time in more than four years, bank regulators said on Tuesday. MORE

Los Angeles Times - Consumer spending rose 0.4 percent in July, the fastest pace in four months, the Commerce Department said Monday. MORE

San Francisco Chronicle - SB1275, which would require lenders to provide homeowners with a fully considered decision on a loan modification prior to starting foreclosure, is close to failing in the wake of an intense banking industry lobbying effort in Sacramento. MORE

Los Angeles Times - Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday by a group of 12 state attorneys general and state banking regulators. MORE