Southern California Mortgage Crisis

Tag Archive | "In-Studio"

“It’s Your Call” KVCR TV – 211 Crisis Assistance

Thursday, June 11, 2009

Broadcast 6/12/09 - KVCR's continuing series on the housing crisis has host Roger Bowman asking the executive directors of the greater Los Angeles and Inland Empire regions' 2-1-1 services about how they help callers get in touch with resources that can solve the housing problems in our communities. The guests for the call-in show is Maribel Marin and Lyz Melendez of the Los Angeles 2-1-1, Judy Bowden of the Orange County 2-1-1, Craig Redelsperger of Riverside 2-1-1, and Gary Madden of San Bernardino 2-1-1. WATCH HERE

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The median price for an existing, single-family detached house in California declined 30 percent to $267,570 -CA Assoc. of Realtors [#]
California ranked highest nationally in the overall number of foreclosure filings in May, totaling 92,249, according to RealtyTrac. [#]
Survey by U of Michigan reports 77% of homeowners in West experienced value declines, the nation's highest rate, compared to 51% in South. [#]
As of today, California is imposing a 90-day foreclosure moratorium. It's the California Foreclosure Prevention Act. [#]
The number of foreclosures filed in May was so high as to make May the third highest month on record. [#]

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