Ventura california Mortgage News

Ventura County home prices sink to 8-year low
Home prices in Ventura County continue to sink and in December hit a low not seen in eight years.

Bankruptcies decline in county in 2011
The number of Ventura County residents who filed for bankruptcy fell 5.7 percent last year, the first decline in local insolvency filings since the recession began.

Southern California Home Sales Rise in December
LA JOLLA, Calif. (DQNews) -- Southern California home sales surged last month from November -- as they normally do -- amid relatively strong activity under $300,000 and a record share of sales to "absentee" buyers, mainly investors. But with the purchase plans of many ordinary buyers and sellers still on hold, the year-end rush couldn't lift sales above December 2010. Moreover, investors' focus ...

CORRECTING and REPLACING California Home Sales Rise in December, Posting 11-Month Sales High, C.A.R. Reports
Third graph, second sentence of release should read: December’s sales were up 3.3 percent from November’s revised pace of 504,420 and were up 0.1 percent from the revised 520,330 sales pace recorded in December 2010.

Unemployment numbers improve, still not great
By Daniel Wolowicz camarillo@theacorn.com California and Ventura County unemployment rates have improved in the past year but still remain a far cry from where they were before the nation’s economy imploded in late 2008. read more

Housing market remained sluggish while other industries continued to grow in 2011, economists said
While Ventura County's housing market struggled to recover in 2011, the local unemployment rate remained lower than the state and national average with some sectors such as high-tech making gains over the year, local economists said.

Jobless numbers better, still not great
By Daniel Wolowicz camarillo@theacorn.com California and Ventura County unemployment rates have improved in the past year but still remain a far cry from where they were before the nation’s economy imploded in late 2008. read more

San Fernando Valley Bankruptcy Firm near Los Angeles Saves Debtor's House from Foreclosure While Preserving Over $140 ...
The Law Offices of Michael H. Raichelson, with offices located near Los Angeles and Ventura, was able to save the debtor's home from foreclosure while cutting her interest rate in half and stretching out repayment terms over five years of a previously matured short term balloon payment loan.Los Angeles, CA (PRWEB) January 06, 2012 Attorney Michael H. Raichelson, attorney with offices near Los ...

Unemployment numbers moving in right direction
By Daniel Wolowicz camarillo@theacorn.com California and Ventura County unemployment rates have improved in the past year but still remain a far cry from where they were before the nation’s economy imploded in late 2008. read more