Check out this new Bank of America 2 bedroom, 2 bath condo in Huntington Beach. This unit features outdoor patio, open floor plan and attached garage. Read more »
Another Onslaught of Foreclosures About to Explode
Get ready! We’re not even close to seeing even an inkling of a slowdown in the onslaught of foreclosures. This just in from Los Angeles Times real estate writer Don Lee: “Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs more » Read more »
California’s 90-day foreclosure moratorium starts, sort of
This is a great post from Mathew Padilla of OCRegister.com discussing the new foreclosure moratorium in California. A state law halting home foreclosures for 90 days begins today, but companies can earn an exemption by showing they are already busy modifying loans. The California Foreclosure Prevention Act, or Assembly Bill X2 7, which Governor Arnold more » Read more »
Will Shadow Inventory Hurt U.S. Housing Market?
Will the ‘shadow inventory’ stunt a housing recovery? Source: — Tom Petruno, Los Angeles Times After every bear market on Wall Street, some investors are reluctant to buy because they believe many other investors will be anxious to sell into any rebound, swamping the market and stunting any recovery. And yet, bull markets get going more » Read more »
Brilliant Bank-Owned Alamitos Beach Condo—Priced to Sell
GREAT LOCATION: ALAMITOS BEACH OCEAN AIR. GREAT DEAL: BANKED-OWNED FORECLOSURE IS PRICED TO SELL! PRICE: $135,000 (only approx. $207 per square foot). THIS ADDRESS: 1227 E. First St., #2B, Long Beach, CA 90802-5709 CROSS STREETS: ORANGE & ESPERANZA CONDO TYPE: beach community 1 bedroom, 1 bath upstairs condominium-style residence (in a 10-condo building) CONDO SIZE: more » Read more »
The Meridian at 1400 Ocean Boulevard, Premium Long Beach Condos
Address: 1400 E. Ocean Blvd., Long Beach, CA 90802 Stories: 4 Units: 70 condos Types of Units: 3 bedrooms, 2 baths, varied floor plans Approx. Size Range: 1,293 to 1,800-plus sq. ft. Year Built: 2001 Indoor Amenities: Cathedral 9-foot ceilings accented with crown molding Gourmet kitchens featuring granite countertops and tile floors White European-style cabinets more » Read more »
Ultramodern Pine Avenue Courtyard Lofts
Address: 819-849 Pine Ave. Long Beach, CA Units: 16 Types of Units: 1 bedroom (private upstairs master bedroom lofts), 1 bath Size Range: Approx. 800 sq. ft to 1,150 sq. ft., varied floor plans Stories: 2 Year Built: 2005 Average HOA Dues: $215 Indoor Amenities: •   Ultramodern downstairs fireplaces •   State-of-the-art gourmet kitchens, some outfitted more » Read more »
Shandrow Group Featured in German Documentary on California Foreclosure Market
Shandrow Group Goes International! We’re proud to announce that Shandrow Group will soon be making its European television debut in a German “60 Minutes”-style documentary on the booming California foreclosure market. We were honored to have Munich-based FOCUS TV Produktions GmbH along for the ride for an entire day last week as editor Kirsten Moser more » Read more »