Silicon Valley has recorded a significant increase in home foreclosure postings in July to August, a sign that banks resume their foreclosure proceedings. However, this will be confirmed if the upcoming monthly statistics will show the same trend in foreclosures. In Santa Clara County, 742 homeowners received a notice of default, a 25% rise from [...]
August was the month of positive numbers when it comes to home sales, as the statistics show a 9.1% rise. However, the jump in home sales doesn’t necessary mean that home prices will go up too, as DataQuick’s recent report highlights. According to the DataQuick report the nine-county Bay Area totaled 7,513 new and resale [...]
The case of Jack and Donna Pfister pictures what is happening these days in the Bay Area housing market. The couple got good news about their bid topping all others on a foreclosure in Vacaville, so they started making preparations for moving in. But several days after the good news, the were told the bank [...]
One of the priciest foreclosures in the country is located in Laguna Beach and it is available for an astonishing price of $18 million. This includes a nearly $2 million discount, and it is located at 31401 Mar Vista Avenue. The luxury real estate has 4 bedrooms, 4 bathrooms, 11,333 square-feet of living space and [...]
