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Foreclosures decline nationwide to lowest level since 2007
Foreclosures nationwide continued to fall steadily last month, adding more momentum to the housing recovery. Completed foreclosures fell 19% year over year to 54,000, the lowest level since September 2007, according to real estate data provider CoreLogic....Tags: Foreclosures, Real Estate Sales
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Pending home sales flat with low housing supply
New data show that new contracts signed for homes were flat in February — a sign inventory remains low in a competitive market. The National Assn. of Realtors said its pending home sales index fell 0.4% from the prior month but was up 8.4% over...
Tags: House Building, Real Estate Sales, Inventories, Real Estate, Services and Shopping
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New home sales dip with low supply
Sales of new homes dipped last month. The Commerce Department reported that newly built homes sold at a seasonally adjusted annual rate of 411,000 in February. That was 4.6% below the previous month but up 12.3% over the year. New-home sales numbers...Tags: Homes, Real Estate Sales
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'Shadow inventory' of homes declined in January, report says
The number of distressed properties that may soon hit the market declined in January, according to a new report. The nation’s so-called shadow inventory fell to 2.2 million units in January, an 18% drop from the same month a year earlier, real...
Tags: Inventories, Real Estate Buyers, Real Estate, Services and Shopping
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L.A. builder KB Home narrows loss as home building ramps up
Los Angeles homebuilder KB Home, one of the largest production homebuilders in Southern California, narrowed its loss to $12.5 million in the first quarter as the outlook for new construction improved. While still in the red, that loss was an...Tags: House Building
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KB Home teams with Nationstar Mortgage to offer home buyers loans
KB Home and Nationstar Mortgage Holdings Inc. are forming a joint venture that will offer home loans to KB customers across the country, so they can shop for a house and a mortgage at the same time. Nationstar, of Lewisville, Texas, agreed last year...Tags: Loans, Countrywide Financial Corp., Economy, Business and Finance, Corporate Officers, Real Estate Buyers
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Apartments catering to Gen Y being built in downtown Glendale
An apartment complex with small units intended to appeal to young people eager to get away from roommates and parents into a place of their own is nearing completion in downtown Glendale. The $34-million mixed-use project named Eleve Lofts & Skydeck is...
Tags: Real Estate Buyers, Rick Caruso
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KB Home to build more residences at Playa Vista
KB Home plans to build more than 100 residences in the final phase of the Playa Vista community near Marina del Rey. KB Home bought land from Brookfield Residential Properties Inc., the new master developer of Playa Vista. Brookfield gained command of...
Tags: Howard Hughes, Corporate Officers, Brookfield Homes Corporation, Condos
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To Glorya Kaufman, the art of dance is a gift on several levels
Tall, sinewy women, their necks thin and erect, mingle in wispy dresses on the arms of broad-shouldered men under the twinkling white lights of the canopied back patio at the Beverly Hills Four Seasons. As dusk fades and cocktails are served, the black-...
Tags: Arts and Culture, Pregnancy and Childbirth, Teaching and Learning, Colleges and Universities, Dance
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Occidental's Stephen Chazen tops list of value-generating CEOs
When it comes to creating value, Occidental Petroleum Corp. Chief Executive Stephen I. Chazen beats out other Southern California business leaders, according to a new report from Pepperdine University. Chazen helped his Los Angeles company pull in $3.4...
Tags: CEO Pay, Activision Blizzard, Inc., Amgen Inc., Economy, Business and Finance, Corporate Officers
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Pending home sales down monthly but up yearly
Indications that the housing market is shaky but generally improving are continuing to roll in: February’s pending home sales – which represent signed contracts for home purchases – are up over the year but down from January, according...
Tags: Homes, Real Estate Sales, Services and Shopping, Rentals, Real Estate
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Bank of America turns foreclosure-facing homeowners into renters
Bank of America: Lenient landlord? The bank is launching a pilot program that would allow customers with underwater mortgages to avoid foreclosure by becoming renters. In its testing stages, the Mortgage to Lease program will involve fewer than 1,000...
Tags: Fannie Mae, Rentals, Financial and Business Services, Mortgages, Homes
Mar 28, 2013
|Story| Los Angeles Times
Mar 27, 2013
|Story| Los Angeles Times
Mar 26, 2013
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Mar 26, 2013
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Mar 21, 2013
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Jan 22, 2013
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Dec 15, 2012
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Dec 13, 2012
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Dec 1, 2012
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May 3, 2012
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Mar 26, 2012
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Mar 23, 2012
|Story| Los Angeles Times
Original site for KB Home topic gallery.
