Fontana, California
News, Information, statistics and other marginalia about the Inland Empire and Real Estate
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2008
Dec. 1, 2008
The National Bureau of Economic Research (NBER) has announced that December of 2007 has the peak of economic activity. This confirms what many already felt. I recall talking with my Brother-in-law in... [Read More]
Dec. 1, 2008
It is with great sadness that I learn that Tanta, and influential voice on the mortgage crisis, died early morning on November 30, in Columbus, Ohio.
I never had the opportunity to meet her, but read... [Read More]
Nov. 9, 2008
Most homes sold in Southern California today are foreclosures. According to recent report from DataQuick, Southland home sales up, prices down; foreclosures now half the market, 50% of home sales in... [Read More]
Oct. 31, 2008
Frugal Fontana. Where is the biggest bang for your buck?
Sep. 9, 2008
In case you have been in a cave, there is a Presidential race taking place this November. Who are you going to vote for? If you are not sure, perhaps this will help you decide.
Try JibJab Sendabl... [Read More]
Aug. 27, 2008
After the beginning of the real estate meltdown in 2005, banks began to tighten their lending standards. They realized that the housing market wasn't not everything it was cracked up to be. There was... [Read More]
Aug. 27, 2008
Friday is the most common day for your friendly neighborhood regulator to lock the doors of your the local bank and take it over. The FDIC is keeping busy these days with yet another bank failure. On... [Read More]
Aug. 26, 2008
I was browsing the articles on MarketWatch and this one jumped out at me. It made me chuckle.
From MarketWatch: So Cal's Bail-Bonds.com Is Offering a $500 Gas Card With Bail
... Bail-Bonds.com,... [Read More]
Aug. 23, 2008
One of the key factors of the presidential campaign this election year is the state of the Economy. Talk about tax cuts, tax increases, the rich, the poor, the middle class are abundant. The Republi... [Read More]
Aug. 23, 2008
As many are aware, tropical storm Fay hit Florida this week. It wasn't a hurricane, but a tropical storm does have winds that reach 73 miles per hour. Anytime there is severe weather you are encoura... [Read More]
Aug. 21, 2008
The FDIC took over IndyMac Bank on July 11, 2008. It was the 5th bank failure in 2008. Shortly after taking over Indymac, the FDIC temporarily halted all IndyMac foreclosures on July 14, 2008 as rep... [Read More]
Aug. 18, 2008
Leslie Pandey from Zillow wrote a post about the number of Olympians from each State. California has the highest number of Olympians that call it their hometown. I figured California would have a lot.... [Read More]
Aug. 13, 2008
Have you noticed that less people are driving around these days in the Inland Empire? The freeway traffic is much lighter as well as the surface street traffic. With school starting, the traffic wil... [Read More]
Aug. 9, 2008
As Bob Costas put it, "Retire the Trophy." If you missed the opening ceremony to the XXIX Olympic Games then you missed THE opening ceremony of the Olympic Games. London, where the 2012 Game... [Read More]
Aug. 8, 2008
Categorized in: Inland Empire
Apparently somebody must have sensed my vexation. When I drive, I have a 90% probability of catching that red light. If I am in your car, be prepared to stop. Maybe my luck is about to change. The S... [Read More]
Jul. 31, 2008
Fat cat is foreclosure casualty.
Jul. 29, 2008
Now would be a great time to review and update your Emergency Preparedness Plan. If you don't have one, get one. If you would like more information on how to create a Emergency Preparedness Plan ref... [Read More]
Jul. 28, 2008
The weekly numbers from HousingTracker.net are out again and the trend continues down. This week the median asking price is at $254,900, a reduction of -1.0%. Inventory decreased -2.6% to 45,999. I... [Read More]
Jul. 22, 2008
Median Sales prices from DataQuick for June 2008.
County/City/Area
# Sold
June 2008
June 2007
% Chg
Yr-... [Read More]
Jul. 22, 2008
Categorized in: Inland Empire
The weekly median asking price continues to fall. The latest dip was to $257,600, a change of -0.9%, or $2400, that is keeping to within the current normal range. Inventory climbed 3.2% to 47,243. U... [Read More]
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