DoveBid, Inc ., one of the world’s largest capital asset auction firms, and CataList Homes , a California based alternative real estate brokerage company, have announced a home auction partnership geared to sell lender-owned foreclosure properties in addition to new home development closeouts for builders...

Responding to overwelming demand CataList Homes has just launched a new technology that allows consumers to flag bank owned listings. A copy of our press release is below: LOS ANGELES , CA – August 25 th , 2007 – CataList Homes , a California based alternative brokerage company, has launched a new technology...

The LA Times today ran an article showing home price declines in the usual suspect locations like San Diego, Orange, Riverside, and Ventura counties, but price increases in LA County despite horribly low sales volume. What is driving the market? Home prices rose way too fast against income growth in...

So Wall Street has seen the Dow lose 1000 points due to the chaos in the mortgage business. Banks are sending us notices that buyer prequalification notices dated in June and July may not be honored. Heavy down payments are now required...what does all this mean??? There is a major international credit...

Couple of notable stories this morning on the front page of the LA Times' business section. The first was a piece on foreclosures in the state of California hitting a 10-year record high, and in the second article , the Times covered mortgage giant Countrywide's announcement yesterday that "a...