On the national scene, conflicting indicators and messages are coming out of surveys and studies on the real estate recovery, wherefrom a clear picture of the second half-year 2010 is elusive. While there is decline in foreclosure filings, in almost all the states and metropolitan areas of the country, there is unusual flow of properties [...]
A perusal of the market updates published in real estate-related sites, as well as trusted sources of financial market like the Wall Street Journal, shows the home prices in some of the major cities of the 9-county San Francisco Bay Area have gone up steadily, with uneven rebound in prices though. There are instances of [...]
In the 9-county SF Bay Area housing market, the number of new foreclosure filings is coming down consecutively for the last few months. Different interpretations are being offered by market analysts, as to the direction the foreclosure trend is heading, as far as SF Bay Area is concerned. The latest foreclosure activity report, pertaining to [...]
Now that authentic statistics have come out for the month of June, it looks as though the 9 county SF Bay Area housing market is ahead of rough path still to go. Home sales in the Bay Area last month is reported to have declined by 3.1% compared to June 2009. However, on a comparison [...]
Property values going down – is no news in the present housing market situations. In fact there are good news reports from many parts of the country that home sales is picking up, including that of the foreclosure properties. We can only draw solace that the fall in property values is slowly thinning in size [...]
The news stories published in San Francisco Chronicle under the Real Estate feature are very useful for viewers, to update their information of what is happening in the 9-County SF Bay Area. In this context, their latest Condo Report analyses the facts and figures of residential property sector – particularly condominiums. Here are some of [...]
A Business Report appearing in San Francisco Chronicle analyses the above question in detail. Here are some of the interesting points raised: To refresh memory – federal government announced tax incentives to make way for speedy recovery of economy and enthuse home buyers to engage in buying activity. To become eligible for the tax break [...]
Although both seem remotely connected with each other, the BP’s Gulf oil spill – presently affecting only dolphins, birds and other animals so far – is creating a scare among the real estate business people, in that it will affect the property values of those cities having seashore – including San Francisco Bay Area. Trulia.com [...]
It is reported that a new legislation in California in the offing, would extend protections for distressed home owners caught under foreclosure – even if they had refinanced the original mortgage. The State Senate approved the new law in June and it was passed by a State Assembly Committee last Tuesday. The final voting is [...]
