Bay Area high-end home sales decline
Bay Area luxury home sales dropped in November
Across the nine-county San Francisco Bay Area last year was a puzzle with contrary trends, but the main trend was declining home prices for single-family houses and large areas of depressed sales. However, Bay Area realtors are convinced that a better year is ahead. Looking at the nine-county area, sales of single-family homes in Contra…
Read More »Marin County foreclosures dropped 25% in the fourth quarter of 2011, compared to a year prior. The numbers made public by DataQuick tracking firm from San Diego show that during the 98 day period 96 Marin County properties were foreclosed on, 33 properties less than the 129 recorded in the fourth quarter of 2010. Other…
Read More »It looks like we witness a new era in foreclosures: the era of lenders foreclosing on banks. This is based on a situation that happened recently in Sacramento: Intra-Pacific Commercial Inc foreclosed on a property in South Sacramento from Westamerica Bank. Westamerica Bank became the owner of the land through a series of events, including…
Read More »The Bay Area and California real estate market remains cloudy, said Ken Rosen, Ph.D., director of the UC Fisher Center for Real Estate & Urban Economics during his annual forecast. The main factor Rosen sees as the source of foreclosures is the job losses. This continues to put a drag on the regional and national…
Read More »The Department of Justice announced that eight Bay Area investors have agreed to plead guilty for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate auctions. According to the charges, the investors participated in a conspiracy to rig bids by agreeing to refrain from bidding against one…
Read More »Although 2011 began with a high inventory of foreclosures, Marin County foreclosures slowly declined in the second quarter and mortgage defaults also dropped, according to figures released this week by…
Read More »June brought a minor boost for California’s housing market, but activity was still slower that a year prior, according to DataQuick. A…
Read More »Sakamoto, former city manager of Hercules, said he brakes his relationship with the city and he is moving closer to his wife’s…
Read More »A 82-unit condominium complex has defaulted on its $35 million loan, which means that a possible foreclosure is at the horizon. In…
Read More »It looks like we witness a new era in foreclosures: the era of lenders foreclosing on banks. This is based on a…
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Elliston Vineyards, a 121-year-old complex has now a new owner: a joint venture of Asia investors. After paying down $1.75 million in cash, the four investors are reportedly ready to…
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