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Corelogic: Only 1% of homes enter foreclosure in July

Posted by on Sep 4, 2013 in Real Estate | 0 comments

Inland Empire accounted for 20% of lender take-backs

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Unemployment rate unexpectedly rises to 8.7% in July

Posted by on Sep 4, 2013 in Employment | 0 comments

Construction, government cut 11,400 jobs

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CAR: Home prices increase 29.8% in July, sales end six-month slide

Posted by on Aug 26, 2013 in Real Estate | 0 comments

Double-digit price gains for 13th-consecutive month, but impressive gains will likely slow

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Foreclosures at second-lowest level since 2005

Posted by on Aug 26, 2013 in Real Estate | 0 comments

Lower-priced neighborhoods most at risk

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Cash collection disappoints, but deficit borrowing will be lowest in four years

Posted by on Aug 26, 2013 in Economy | 0 comments

Personal income tax accounts for lower-than-projected revenue in July

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Unemployment rate at lowest level since fall 2008

Posted by on Aug 6, 2013 in Employment | 0 comments

Construction, hospitality lead the way

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Federal extension benefits to end for 100,000 Californians on Aug. 11

Posted by on Aug 1, 2013 in Employment | 0 comments

More than 375,000 to lose help from Uncle Sam by the end of the year

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Golden State ends fiscal year $2 billion in the black

Posted by on Jul 15, 2013 in Economy | 0 comments

More folks back to work, voter-approved taxes boost revenue in June by $1.2 billion

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Construction helps hammer down jobless rate to lowest level since October 2008

Posted by on Jul 6, 2013 in Employment | 0 comments

Construction jobs increase by 6.6% from a year ago

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CAR: Equity sales soar, bank-owned deals tumble in May

Posted by on Jul 6, 2013 in Real Estate | 0 comments

Almost four of five home sales result in money for homeowners.

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Foreclosures plunge to lowest level in seven years, thanks to higher home prices

Posted by on May 13, 2013 in Real Estate | 0 comments

Foreclosures fell to the lowest level in more than seven years during the fourth quarter in California, the latest evidence of a better housing market and an improving economy. Notices of default declined to 18,567 notices of default from January through March, a 51.4% percent drop from fourth-quarter 2012 – and off 67% compared to a year ago, according to DataQuick. Notices of default – the first step in the foreclosure process – peaked at 135,431 in first-quarter 2009....

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UCLA tougher admission than UC Berkeley for California students

Posted by on Apr 8, 2013 in Education | 0 comments

Call it the battle of the bears – and the bragging rights as the hardest-to-enter University of California campus for in-state residents. In this case, the UCLA Bruins edged out UC Berkeley’s Golden Bears, with only 17.7% of in-state students who applied to attend the Southern California university were admitted in fall 2012, making it the toughest in the nine-school system. Berkeley was almost as difficult, with 22.7% of in-state students who applied being admitted, according to the latest...

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More than 1M Californians without work for half a year in 2011

Posted by on Apr 8, 2013 in Employment | 0 comments

Californians have endured much-longer periods between jobs in recent years, the latest evidence of the depth of the recession and more specifically the hard-hit construction industry. About 1,031,700 people in the state were jobless for more than 27 weeks in February 2011, compared to only 143,300 in May 2007, the six months before the official start of the Great Recession, according to the U.S. Bureau of Labor Statistics. Almost half – or 46.1% — of Californians were labeled as...

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International students 10.6% of admissions to UC schools

Posted by on Apr 8, 2013 in Education | 0 comments

Admission to the University of California system is a bit more difficult for residents than just a year ago, as the nine-campus system allows more out-of-state and international students in order to improve the bottom line. About two of every three in-state applicants – or 65.8% — were admitted to the UC system in fall 2012, compared to 69.7% a year ago and 71.6% in fall 2010, according to the UC system. In-state students who once were more concerned...

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UCLA Anderson Forecast: Modest economic growth

Posted by on Apr 8, 2013 in Economy | 0 comments

The Golden State’s economic recovery will continue during the next few years, but job growth and personal income gains will be modest.

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