Foreclosures

George Packer chronicles American boom and bust in 'The Unwinding'

2013-05-24 14:00:00

George Packer's new nonfiction book, "The Unwinding: An Inner History of the New America," has many of the qualities of an epic novel. Packer's subject is the last 35 years of U.S. history, the decades that gave us the conservative "Contract With...

California's housing market surges in April

2013-05-15 14:33:00

California’s housing market surged last month as prices jumped from Southern California to the San Francisco Bay Area. The state’s median home price in April ticked up 3.5% from the previous month and soared 22.7% from the same month a...

3 big banks nearly halt foreclosure sales after U.S. tweaks orders

2013-05-19 12:04:00

Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...

Short sales routinely show up in credit reports as foreclosures

2013-05-17 20:20:00

WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...

U.S. home prices keep rising, but homeownership is down

2013-04-30 18:00:00

Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...

Number of homes entering foreclosure plunges in California

2013-04-23 21:53:00

The number of California homes entering foreclosure plunged in the first quarter, the result of an improving economy, rising home prices and strict new state regulations on lenders. During the year's first three months, new foreclosure actions in the...

Foreclosure-relief funds earmarked for California mostly unspent

2013-04-22 21:35:00

A federal foreclosure-prevention effort that earmarked nearly $2 billion in taxpayer money to help troubled California homeowners has delivered only about one-sixth of that money in three years. But officials from the Keep Your Home California program...

New signs of life arise in Las Vegas

2013-04-21 05:00:00

LAS VEGAS — For nearly five years, the steel-and-concrete skeleton of the abandoned resort project has taunted this city, a glaring reminder that casino operators here can't win every economic wager they place. The stalled Echelon project sits...

After a long fall, Antelope Valley is back on upswing

2013-04-20 08:00:00

In the brutal cycles of California real estate, the Antelope Valley has been among the last to boom, the first to bust and the slowest to recover. But in the High Desert, separated from downtown Los Angeles by 65 miles and a mountain range, the...

Southland median home price in March increases again

2013-04-18 00:00:00

The median home price in Southern California rose about $25,000 in March alone to hit $345,500, underscoring the region's fast-paced recovery. That represented an 8% increase from February and a 23.4% jump from a year earlier. It was the eighth...

Home-building boom returning to Southern California

2013-04-13 20:08:00

Morning light revealed pitched tents and scattered sleeping bags in front of the sales offices of luxury builder Woodbridge Pacific Group. Attracted by a dozen new Huntington Beach homes touted as "starting in the low 1,200,000s," about 15 hopefuls...

L.A., other hot housing markets are getting frothy, report says

2013-04-12 18:50:00

Kelly Hamon recently beat out several other home shoppers for a cream-colored North Hollywood home. But the victory came at a steep cost. Frustrated after getting outbid five times by all-cash buyers, Hamon ultimately bid $47,000 more than the asking...

A Cook County sheriff's deputy puts a foreclosure notice on the door of a Chicago home.

2012-10-24 21:50:00

The after photo of a bank-owned home bought by Right Residential, a Hoffman Estates company that finds homes in need of updating and renovates and resells them.

2012-05-07 00:00:00

Palm Beach County Sheriff's Deputy Luciano Kovalski looks into the broken window of a vacant home at 419 South D St., Lake Worth. The Bank of New York obtained a foreclosure judgment in its favor in January 2010, but the public auction of the property was repeatedly postponed.

2012-04-18 00:00:00