Home » September 20th, 2011 Entries posted on “September, 2011”

Foreclosure sales edge higher, but below last year

Riverside County foreclosures accounted  a higher percentage last month but fell below the level of sales activity a year ago, according to a real estate tracking firm. ForeclosureRadar, the Bay Area-based company released its monthly report showing  a total 1,532 repossessed properties sold countywide in August, compared to 1,473 in July — a 4% rise. [...]

Posted in Foreclosures,Residential | Read More »

Las Vegas Hilton hotel slipped into foreclosure

las-vegas-hilton

September 2 is a big day in many people’s life, and now the owners of the Las Vegas Hilton will remember this day too. This was the day when they received a foreclosure notice against the property. However, this doesn’t mean that they’ll actually foreclosure anytime soon. The 2,950-room hotel casino was hardly hit by [...]

Posted in Commercial,Foreclosures | Read More »

Palm Desert council delays hotel plan

The proposed five-star hotel project was delayed by the Palm Desert City Council. The plan was to build the luxury hotel on Highway 74 just south of El Paseo, but now the council voted unanimously to delay a second reading of an ordinance. Although this is a legal formality, the council can still make some [...]

Posted in Commercial,Housing | Read More »

Palm Springs Fashion Plaza revitalized

The Palm Springs City Council unanimously granted a project financing for the Desert Fashion Plaza. The financing is part of the agreement signed by the Plaza developer John Wessman and the City Council, that aims to revitalize the city’s struggling downtown. “This could be a total game-changer for Palm Springs,” Wessman told The Desert Sun [...]

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Two men accused of scamming distressed homeowners

Two men suspected of loan modification scam ended up in San Bernardino Superior Court. Prosecutors say the two defrauded at least 25 people with their Fontana business, and affected more than $17 million on home loans. What Stephen Andrew Easterly and Emanuel Percival did is they were getting people to try to redo their loans. [...]

Posted in Foreclosures,Residential | Read More »

Palm Springs luxury home featured in James Bond movie hits the market

Elrod-House

A $13.9 million Palm Springs luxury home that featured in James Bond movie now is on the market. The luxury real estate was designed by famed architect John Lautner, and it was named the Elrod House, known for its large, circular sunburst concrete canopy. Although this is a 60-foot-wide part of the house, the circular [...]

Posted in Housing,Luxury,Residential | Read More »