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Southern California: Home sales shoots up 65 percent

Home sales in Southern California increased by 65 percent in September, making this increase the biggest year-on-year in two decades according to MDA DataQuick the reason for this was bargain hunters buying properties at discounted prices and taking full advantage of the foreclosures.
In Ventura, San Diego, Los Angeles, San Bernardino, Riverside and Orange

California investment firm cuts deals for subprime mortgages

An investment firm in California are slashing interest rates and forgetting about legal fees, past due rent and thousands of dollars in late charges. 200 homeowner’s subprime mortgages in