It looks like the spring buying season is on: million-dollar home sales in San Francisco and Silicon Valley were up as the Bay Area’s luxury housing market continued a strong turnaround in the new year, according to a new report issued by Coldwell Banker Residential Brokerage. A total of 215 homes were sold for more [...]
The foreclosure crisis doesn’t looks like reaching its end soon, as banks foreclosed hundreds of troubled homeowners in March. And the big problem is that the whole foreclosure process takes almost a year to complete. This is the longest time since the housing crisis began. ForeclosureRadar published its report about the foreclosure activity saying that [...]
Home sales in Bay Area registered the best March in four years as prices dropped. A variety of indicators, such as adjustable-rate loan use, investor and cash purchase levels pointed toward a more normal market, though suggested that it’ still a ways off, DataQuick reported. The research firm published its report which highlights the sales [...]
Sakamoto, former city manager of Hercules, said he brakes his relationship with the city and he is moving closer to his wife’s new workplace. As his home is worth no more the price he paid when it purchased, he sees short sale as the only alternative. Sakamoto’s two story property near Sycamore Avenue lays on [...]
Sales of previously occupied home were down in February and buyers who purchased one, got huge discounts, according to the National Association of Realtors. Home prices were influenced by the rise of foreclosures and weak sales, reaching the lowest level of in nearly nine years. The nation’s median sales price fell 5.2% to $156,000 the [...]
Bay Area home sale transactions were down in the first months compared to December 2010 sales, but rose slightly from a year ago due to slight price declines. A total of 4,966 new and resale condominiums were sold the the nine county area in January, down 30,8% from 7,178 in December, but up 2.3% from [...]
