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Inland Empire Prepares for 350,000 Foreclosures - PLANetizen
Local and regional governments in Riverside County, California, have assembled a "Red Team" task force to mitigate the impacts of the foreclosure crisis in the fastest growing region in the state. "For example, there were approximately 360,000 homes ...

S.B. County tackles foreclosures - Victorville Daily Press
The San Bernardino County Board of Supervisors Monday launched what officials say is a "bold economic recovery plan" to address area foreclosures and the mortgage meltdown. The Board of Supervisors unanimously approved a plan to contract with the ...

HOUSING: Mortgage rates tumble, making buying cheaper - North County Times
Interest rates on home loans tumbled Tuesday, making it cheaper to buy a home as the real estate market struggles to end a three-year drop in prices. Smaller, 30-year fixed rate mortgages for well-qualified borrowers have dropped to as low as 5.5 ...

Commercial Real Estate Office Vacancies Expected in 2009 - Turks.US
According to a 2009 regional forecast by Grubb & Ellis/BRE Commercial, a real estate broker, lowered demand for office space will give tenants a better choice of properties. Among its findings are San Diego County landlords will benefit from a steady ...

REAL ESTATE: Report sees rising office vacancies in 2009 - North County Times
Lowered demand for office space will give tenants a better choice of properties, according to a 2009 regional forecast by Grubb & Ellis/BRE Commercial, a real estate broker. Among its findings: -- San Diego County landlords will benefit from a steady ...

From Bust to Broom: Mortgage crisis a boon for foreclosure cleanup ... - Chicago Tribune
FORT EDWARD, N.Y. (AP) _ Several men wordlessly carry out furniture, broken computers and boxes of garbage from a large blue house on a quiet upstate street on a brisk autumn morning. Rusting bikes and an old grill lay discarded in the overgrown ...

Southwest Floridians hunker down as lenders tighten up - News-Press
Tuesday's news that the Bush administration and the Fed plan to pump $800 billion into America's financial pipelines could ease money woes suffered by ordinary Southwest Floridians. Their troubles range from difficulty getting mortgages to higher ...

Timeline: U.S. Credit Crunch & Financial Failures - KNx 1070
NEW YORK (CBS News) ― Wall Street and Main Street have been caught up in credit market turmoil, which began in 2007 with rising defaults on mortgages made to financially shaky borrowers and spread to corporate bonds and other kinds of debt. May 17 ...

4 reports bear bad news - Riverside Press Enterprise
Jobless claims remain at recessionary levels. Americans cut back on their spending by the largest amount since the 2001 terrorist attacks. Story continues below Orders to U.S. factories plummeted. New-home sales fell to the lowest level in nearly 18 ...

Brazil floods claim 99 lives, officials send aid - Salon
Nov 26th, 2008 | NAVEGANTES, Brazil -- Brazil tried to rush aid on Wednesday to nearly 80,000 people driven from their homes by rain-spawned mudslides and floods that have killed at least 99 people, while helicopter crews searched for families ...