The City Council of San Bernardino, California, declared a fiscal emergency ahead of a planned bankruptcy filing, a move that allows officials to bypass a 60-day mediation period with creditors that is mandated by the state.
The City Council of San Bernardino, California, is scheduled to vote late Wednesday on a resolution formally authorizing the filing of bankruptcy.
His canvas: a cardboard box. His subject: the often-marginalized Latino immigrant worker of Los Angeles' richest neighborhoods.
The number of homes entering foreclosure dropped in February, but a new up-turn may soon be on its way.
Heavy snow in recent weeks has already wreaked havoc across Europe -- now it is damaging some of the continent's most recognized historic monuments.
The housing collapse has dramatically changed the nation's foreclosure landscape.
A man accused of shooting and paralyzing a U.S. Army soldier at a homecoming party pleaded not guilty to all charges at his arraignment Thursday.
The man accused of shooting and paralyzing a U.S. Army soldier at a homecoming party in the soldier's honor faces one count of attempted murder, the spokesman for the San Bernardino, California, district attorney said Tuesday.
Gale-force winds are forecast to reach Southern California again Friday night, but are expected to be much weaker than previous hurricane-force Santa Ana winds that uprooted trees, smashed cars and houses, and knocked out electricity there Wednesday night and Thursday morning, CNN Meteorologist Rob Marciano said.
A brush fire Friday near San Bernardino, California, prompted evacuations and caused backups of nearly 30 miles each way on Interstate 15, the vital freeway that connects Los Angeles and Las Vegas, Nevada, officials said.
CNN's Jim Spellman reports on two Arizona neighbors, split in their decisions to stay home or leave as fire approaches.
The thousands of people fighting the monster fire in Arizona have the finest in technology behind them.
Monsoon-like conditions overwhelmed southern California on Wednesday, creating flash floods that kept workers at home and businesses and streets knee deep in mud and water.
Rescue workers in San Diego pull a group of people from the perils of rushing floodwaters.
Northern California is hit with a barrage of bad weather in many forms. KXTV reports.
The usual suspects led the list of top cities for foreclosure filings during the last three months.
America loves its outlaws, but few of us actually dare to live the lifestyle. Veteran LIFE photographer Bill Ray got about as close as anyone, riding along with a notorious biker gang.
Veteran LIFE photographer Bill Ray spent a month photographing a rough-and-tumble biker gang in 1965
A man shot his stepdaughter and her family Saturday, killing two of them before fatally shooting himself at a fast-food restaurant in San Bernardino, California, police said.
The number of U.S. metropolitan areas with jobless rates above 15% increased in December, according to government figures released Tuesday.
The number of U.S. metropolitan areas with jobless rates above 15% increased in November, according to government figures released Tuesday, despite the biggest one-month drop in the national rate in more than three years.
Much of the United States was braced for severe winter weather on Monday, as a major storm hit California while an unrelated first round of wintry conditions snarled commutes in the Midwest.
The calendar may say it's still fall, but as far as residents from California to Ohio are concerned, winter's here.
Seven years ago, police asked Fabiola Saavedra to view photographs to identify a body they believed to be her 15-year-old sister, Brenda Sierra. She recognized a pair of hoop earrings and knew it was Brenda.
The number of U.S. metropolitan areas with jobless rates above 10% decreased in August, according to government figures released Wednesday.
You've heard of speed dating? It's got nothin' on foreclosure buying these days. In many places, anyone who wants to buy a foreclosure better act fast, or they're going to come away with bupkus.
Three-year-old Briant Rodriguez remained in a hospital bed fatigued and malnourished Monday, 15 days after being kidnapped at gunpoint and then dumped on the streets of Mexico.
A 3-year-old boy, taken from his California home at gunpoint, has been found in Mexico.
A 3-year-old boy who was taken at gunpoint from his California home nearly two weeks ago has been found, authorities said Saturday.
Briant Rodriguez, 3, was snatched at gunpoint from his San Bernardino, California, home on Sunday night.
Police in San Bernardino, California, released pictures of two suspects in the abduction of a 3-year-old boy who was taken at gunpoint from his home last weekend.
Law enforcement officials in southern California searched urgently Wednesday for a 3-year-old boy who was kidnapped at gunpoint during a weekend home invasion.
The foreclosure picture suddenly darkened again in February.
Ingmar Guandique, already serving a 10-year sentence, has been charged with first-degree murder
A light earthquake shook Southern California Thursday evening, according to the U.S. Geological Survey. There were no immediate reports of damage or injuries.
A light earthquake shook Southern California on Thursday evening, according to the U.S. Geological Survey.
As foreclosures continue to soar, 220,000 homes were lost to bank repossessions in the second quarter, according to a housing market report Friday issued by RealtyTrac.
On Wednesday there was some good news for California, which has been one of the hardest hit states in the housing crisis, when a local realtor group said that sales there jumped 18% in May compared to May 2007.
It's a tale of homeland security concerns blocking wildlife management, and the hue and cry that ensues.
Foreclosure filings in the first three months of 2008 rose more than 112% over last year, according to a study released Tuesday.
California faces an almost certain risk of being rocked by a strong earthquake by 2037, scientists said Monday in the first statewide temblor forecast
When she was laid off in February, Patricia Guerrero was making $70,000 a year. Weeks later, with bills piling up and in need of food for her family, this middle-class mother did something she never thought she would do: She went to a food bank.
CNN's Thelma Gutierrez reports an increase in middle class Americans who are turning to their local food banks for help.
Rust Belt and Sun Belt cities led the nation in metro-area foreclosure rates for 2007, according to a new report released Wednesday.
The risk of foreclosure is on a rapid rise nationally and, with a possible recession at hand, this spike in mortgage-defaults could last for years.
Here are some frequently asked automotive questions put to expert Tom Torbjornsen.
Rodney King, whose 1991 police beating sparked widespread rioting in Los Angeles and other U.S. cities, was recovering Thursday after being slightly wounded by gunfire.
Foreclosure filings have nearly doubled from a year ago and more people could lose their homes in 2008, according to a report released Thursday.
Housing price drops, driven by soaring foreclosure rates, accelerated during the three months ended September 30, according to the latest data from the National Association of Realtors (NAR).
No charges will be brought against a 10-year-old boy accused of accidentally starting an October wildfire that scorched more than 38,000 acres north of Los Angeles, California, prosecutors announced Tuesday.
CNN's Elizabeth Cohen reports on whether masks really help clean the air Southern Californians are breathing.
Stinging from the painful lessons learned from wildfires that claimed 15 lives four years ago, authorities in San Diego County were quick to warn and evacuate residents this time.
Home loan rates
updated: Mon Sep 17 2007 23:55:00
CNN's Gerri Willis offers tips on getting the best interest rates in the uncertain mortgage market.
Parts of Southern California sweltered in triple-digit temperatures on Monday as a heat wave stretched into the seventh day and contributed to power outages that left thousands with without air conditioning.
The flood of foreclosure filings showed no sign of let-up in July, according to the latest data from RealtyTrac, the online marketer of foreclosure properties.
July home sales in southern California sank to the month's lowest level in 12 years as potential buyers held back, anticipating prices would ease amid the broad national housing downturn, according to a report released Tuesday.
The worsening housing market and rising foreclosures are finally starting to affect parts of the state that have long seemed immune. Will it spread farther?
Foreclosures continue to trouble real estate markets nationwide, with filings in April up 65 percent from a year earlier, according to a report released Tuesday.
Foreclosure filings surged during the first quarter of 2007, as home price increases slowed or even reversed and borrowers fell behind on payments once their adjustable rates began resetting at much higher levels.
Three U.S. soldiers have died of wounds received in a bomb explosion in Afghanistan, the U.S. military said Monday.
Business 2.0: Where not to buyupdated: Tue Oct 24 2006 18:07:00
Now that we've pointed out which markets are poised for a bull run in the next cycle, we'd be remiss if we didn't also offer some guidance on which locales look the most vulnerable right now.
St. George, Utah had the biggest gain in population in the United States during the past six years, according to a U.S. Census report released Tuesday.
A mandatory evacuation order was issued Thursday for hundreds of households in Morongo Valley as nearby wildfires burned on, the California Department of Forestry and Fire Protection said.
A sheriff's deputy pleaded not guilty Wednesday to charges stemming from the shooting of an unarmed Iraq war veteran in San Bernardino, California -- an incident captured in grainy, amateur video earlier this year.
CNNMoney: Tycoon in the makingupdated: Thu Mar 02 2006 14:26:00
Call her "The Accidental Tycoon." When Philippine-born Mary Buenaventura first started buying second homes, she didn't intend to become a real estate millionaire -- it just worked out that way.
The median home cost nearly $17,000 more in the first quarter than it did a year before. According to the National Association of Realtors, the median house sold for $188,800 this winter, nearly 10 percent higher than 12 months ago.
CNNMoney: Hot housing marketsupdated: Tue Feb 15 2005 09:52:00
NEW YORK (CNN/Money) - Anyone looking for signs of weakness in the real estate market will be disappointed, according to the National Association of Realtors.
CNNMoney: Pop goes the bubble?updated: Thu Aug 26 2004 09:30:00
The nation's housing boom has experienced more deaths and shocking resurrections than Friday the 13th monster Jason Voorhees.
A 16-year-old California girl suffered second degree burns Thursday when her cell phone caught fire in her back pocket, according to the Ontario Fire Department.
For now, mortgage rates are still near historically low levels. But more and more, economists are beginning to worry about a resurgence in inflation and thus rates. That, of course, would remove one of the key underpinnings of the recent boom in real estate.
Bend, Ore. (CNN/Money) - People are heading to Las Vegas with hope of hitting the jackpot. They're not on the Strip, but in housing developments in and around the city.
CNNMoney: Top housing marketsupdated: Wed May 12 2004 08:36:00
Existing home sales remain near record levels, but prices in individual metro markets were a mixed bag during the first quarter of 2004. While strong markets saw huge price gains, weaker markets experienced sharper declines than seen in recent quarters.
McDonald's Corp., the world's biggest restaurant chain, has named a new CEO after Jim Cantalupo died of an apparent heart attack Monday.
After peaking during the third quarter of 2003, the housing market slowed down a bit during the fourth quarter, a real estate group said Thursday.
If you're looking to buy a home, give the housing market a cheer. If you're selling, give it two cheers. Home prices have been rising modestly, about 3% to 4% during the past year, and they're like...
Dear Mr. Statistics: I reside richly in idyllic Palm Springs, California, a locale where a fellow is supposed to have no worries except about possibly getting beaned by a golf ball. But lately the ...
The White Sox's controversial Comiskey Park isn't the only new-home story in Chicago. The Windy City tops 49 other major metropolitan areas in our 1991 ranking of projected house-price changes over...
Money Magazine: AMERICA'S BEST CITIES updated: Wed Nov 01 1989 00:01:00
I was perplexed by your September article ''The Best Places to Live in America.'' You state that Seattle was ranked first because it scored 73 or higher in four of the nine categories on which citi...
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