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Homeowners

A man spray-paints a lawn in Southern California during a severe drought. (CBS)

SoCal Homeowners Spray-Painting Lawns Green To Avoid Water Fees During Drought

Homeowners in Los Angeles are facing tough choices in keeping their lawns green during a devastating drought, pushing some far enough to spray paint them.

07/20/2014

Chopper 5 over the "Butts Fire" in Napa County on July 1, 2014. (CBS)

Some Homeowners Rolling Dice, Deciding Not To Evacuate Homes In Napa County Wildfire Area

While evacuation orders are in effect for hundreds of homes in the potential path of the Butts fire burning in the Pope Valley area of Napa County, but not all homeowners are leaving.

07/02/2014

(CBS)

Homeowners With Home Equity Lines Of Credit Could Face Ballooning Monthly Payments

Millions of homeowners who took out Home Equity Lines of Credit during the housing boom are facing a looming deadline that could mean much larger monthly payments.

06/09/2014

A boarded up home is seen on April 6, 2011 in Richmond, California. (Justin Sullivan/Getty Images)

UC Berkeley Study Looks At Underwater Mortgage Problem, Supports Richmond’s Eminent Domain Plan

The report, titled “Underwater America: How the So-Called Housing ‘Recovery’ is Bypassing Many American Communities” is a first-of-its-kind look at the magnitude of the underwater mortgage issue.

05/08/2014

San Francisco supervisors voted to approve the legalization of in-law units on April 1, 2014. (Justin Sullivan/Getty Images)

San Francisco Supervisors Approve Legalization Of In-Law Units

Now, property owners can voluntarily apply to legalize their in-law units, of which there are thousands in San Francisco.

04/02/2014

(Joe Raedle/Getty Images)

Realtors Launch Campaign Opposing Richmond’s Eminent Domain Plan On Mortgages

An association of Contra Costa realtors have started running radio ads in opposition to the City of Richmond’s plan to use eminent domain as a way of helping financially struggling homeowners.

03/17/2014

A home for sale in Richmond. (CBS)

Richmond’s Eminent Domain Plan Moves Another Step Forward

The Richmond City Council has set up new guidelines for the proposal.

12/18/2013

Foreclosed homes on Lucas Street in Richmond (CBS)

Richmond Demands Wells Fargo Drop Lawsuit Over Eminent Domain Mortgage Plan

The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.

08/15/2013

Foreclosed homes on Lucas Street in Richmond (CBS)

Richmond Threatens Eminent Domain To Address Foreclosure Crisis

The city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.

07/30/2013

Solar panels on the roof of a Bay Area home. (CBS)

Californians Installing Solar At High Rates; Incentive Programs Running Out

This despite the state’s incentive program winding down with its goal nearly achieved.

07/12/2013

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