Bay Area luxury home sales dropped in November compared to a year ago, according to DataQuick’s latest report issued Wednesday. The drop is mostly due to the holiday season and uncertain economy. DataQuick’s data show a double digit drop in luxury home sales or properties priced above $800,000 in Santa Clara, San Mateo, Alameda and [...]
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More than half of all homes with a mortgage in Solano County are underwater and this is good news, according to Mercury News. An industry study released this week shows 51.1% of Vallejo-Fairfield Metropolitan Statistical Area residential properties with a mortgage in negative equity. Although this is way above the national average, it is still [...]
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