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New CA Law Gives Tenants, Housing Groups & Local Gov’t First Crack at Buying Foreclosures

According to Mortgage News Daily, a new California law taking effect on January 1st will seek to hinder a repeat of the 1000’s of single-family homes that converted from ownership to rental properties during the “Great Recession.” Continue reading HERE...

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Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

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