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New research says it pays to help struggling homeowners.
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Hamburger meat may be the best analogy for understanding the mortgage crisis that has ravaged Kern County and the country.
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A historic settlement between 49 states and the nation's largest mortgage lenders could mean about $374.5 million for Kern County homeowners affected by the region's foreclosure avalanche, according to the California Attorney General's Office.
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The median sale price for existing single-family homes in the Bakersfield area was $130,000 in January, down 3.7 percent from December but up 2.4 percent year-over-year.
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A state assemblyman has introduced legislation aimed at easing and simplifying property tax payments.
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