Recent News
Shadow inventory threatens housing recovery
by Administrator / January 28th 2011 / No Comment
By Les Christie, staff writerJanuary 20, 2011: 7:34 AM ET NEW YORK (CNNMoney) — There is a growing glut of foreclosed homes threatening to hit the market over the next couple of years, potentially delaying any recovery. There were 1.7 million homes either owned by the bank or in some stage of foreclosure [...]
2011 to top 2010 record of 1 million foreclosures
by Administrator / January 13th 2011 / No Comment
// After a record 1 million home foreclosures in 2010, this year is likely to be even worse source: yahoo In this Jan. 10 2011 photo, a man walks past the office of Girouard Properties, which specializes in residential re-sale of single family homes and condominiums/townhomes, in San Mateo, Calif. Lenders are poised to take back [...]
Peter Schiff: Home Prices To Fall Another 20%
by Administrator / December 31st 2010 / No Comment
If you’re like millions of Americans, you probably thought buying a house was one of the best investments you could ever make. And watching your home’s value decline over the last few years probably makes you a little nauseous. Well, after hearing from Peter Schiff of Euro Pacific Capital, you may need some Dramamine. On [...]
Roubini: ‘Housing Prices Can Only Move Down’
by Administrator / December 29th 2010 / No Comment
According to economist Nouriel Roubini, the housing market is in a double dip. Photo: Oliver Quillia for CNBC Nouriel Roubini And negative Case-Shiller Home Price numbers out today only confirm that unpleasant truth. “It’s pretty clear the housing market has already double dipped,” says Roubini. “And the rate of decline is stronger than in previous [...]
More Foreclosures Expected in 2011
by Administrator / December 17th 2010 / No Comment
By AMY HOAK Brace yourself for another rough year in housing: The number of foreclosures is expected by many to increase in 2011 as more troubled mortgages work their way through the pipeline. Tom Bloom Next year could very well be a peak year for foreclosures, says Rick Sharga, a senior vice president at RealtyTrac, [...]
Hidden medical debt trips up homeowners
by Administrator / December 17th 2010 / No Comment
Well-qualified borrowers with good loan-to-value ratios and steady employment are increasingly finding it difficult to refinance because of medical billing mistakes impacting their credit reports and scores, according to mortgage bankers and real estate agents. MAKING SENSE OF THE STORY FOR CONSUMERS Nearly 14 million Americans have errors on their credit report due to medical [...]
New Survey Reveals 58 Percent of Americans Expect Housing Market to Recover After 2012, According to Trulia and RealtyTrac
by Administrator / December 16th 2010 / No Comment
By Trulia and RealtyTrac Staff Semiannual Foreclosure Survey Reveals Concerns that Robo-Signing Scandal Will Delay Recovery SAN FRANCISCO, December 7, 2010 – Trulia.com (www.trulia.com), a top site for homebuyers, sellers and renters, and RealtyTrac (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today released the latest results of an ongoing survey tracking homebuyers’ attitudes toward [...]
Housing is the Forgotten Crisis
by Administrator / December 15th 2010 / No Comment
Commentary: Falling prices once again threaten economy WASHINGTON (MarketWatch) — The U.S. economy has made a lot of progress since the dark days of September 2008 — investors are happy, bankers are secure, markets are functioning and businesses are flush. No depression here. But what about the rest of us? When does the recovery kick [...]
Experts say housing recovery is still years away
by Administrator / December 11th 2010 / No Comment
Rising mortgage rates and foreclosures will continue to be drag on market WASHINGTON — The housing market will remain depressed, with record high foreclosure levels, rising mortgage rates and a glut of distressed properties dampening the market for years to come, industry experts predicted on Tuesday. “We don’t see a full market recovery until 2014,” said [...]
Housing recovery after 2012, consumers say
by Administrator / December 10th 2010 / No Comment
Nearly a quarter worry it won’t come till after 2015, Trulia and RealtyTrac survey shows Nearly 60 percent of Americans believe the housing market won’t recover until 2013 or later, according to a survey released Tuesday by Trulia.com and RealtyTrac. Conducted Nov. 2-4, just before the midterm election, the survey of 2,034 adults also showed [...]
Appeal Democrat
- Land issue has Yuba City events center on hold May 25, 2012When it opens, the New Hock Farm Convention and Event Center is forecast by its developer to be a signature Yuba City destination for weddings, business meetings and community events. Of course, another event will have to happen before any of those... […]By Ben van der Meer/ADbvandermeer
- Fruit juice consumption targeted in war on obesity May 25, 2012Over the last decade, the nation's war on obesity has targeted some fairly obvious culprits, including fast food, pastries, fried foods and soda. But recent scientific studies and a new government-sponsored documentary that aired last week on HBO... […]By Monia Eng
- Baseball buffet at A-D Park in Marysville May 25, 2012A greasy basket of garlic fries cradled in a baseball glove and a scorecard tucked under his arm, 8-year-old Devan Davis grinned under his Gold Sox ball cap Thursday night, ready for another season of baseball on the shores of Ellis Lake. "He's gotta... […]By Rob Parsons/ADcrimebeat
- Mid-Valley Memorial Day forecast: Police and precipitation May 25, 2012Travelers should expect to see more traffic, rain, snow and lots of police over Memorial Day weekend. Those travelers will experience unusually wet weather for this time of year today and early Saturday, clearing away Sunday and Monday. Light snow in... […]By Rob Parsons/ADcrimebeat
- Photo: Yuba-Sutter emergency crews salute fallen firefighter May 25, 2012The remains of Sacramento firefighter William Porter, 57, of East Nicolaus, are carried to a van on Thursday by members of the Sacramento City Fire Department Honor Guard at Lakeside Colonial Chapel in Marysville. Members of the Marysville, Linda and... […]By Chris Kaufman
- Campaign 2012: Former Gov. Deukmejian backs McAlister for Yuba judge May 25, 2012Former Gov. George Deukmejian has endorsed Courtney McAlister for Yuba County Superior Court judge. Deukmejian, who was governor from 1983-91 and was previously the state's attorney general, said McAlister's business law experience and conservative... […]Appeal-Democrat staff report
- Study could add passing lanes between Marysville and Oroville May 25, 2012Money saved on Butte County road projects will pay for a study toward adding passing lanes on Highway 70 between Marysville and Oroville. The Highway 70 widening in south Oroville between Highway 162 and Ophir Road cost less than estimated, as did... […]By Steve Schoonover
- Briefs: Yuba supervisors back third river bridge idea May 25, 2012A new Comprehensive Economic Development Strategy from the Yuba-Sutter Economic Development Corp. got a 5-0 approval from the Yuba County Board of Supervisors on Tuesday, and some discussion on projects suggested within it. Supervisors took... […]Appeal-Democrat staff report
- Bruce A. Buttacavoli May 25, 2012Age: 57. Family: Mother, Kay; brothers, Danny and Keith; sons, Kenneth and Michael; and three grandchildren. Residence: Marysville. Occupation: Owner/president Buttacavoli Industries Inc. What is your favorite part of the job? Watching my employees... […]Appeal-Democrat staff report
- Mike Reagan: White House website gone wild May 25, 2012We'll never know what Ronald Reagan would have done with WhiteHouse.gov, the official website of the White House But I know my father wouldn't be abusing it the way Barack Obama is. WhiteHouse.gov is owned and operated by the federal government, but... […]Mike Reagan
- Land issue has Yuba City events center on hold May 25, 2012
