If you are one of the thousands of troubled home owners of the Bay Area, it would be worthwhile to know the current foreclosure trend, to take an informed decision on Short Sales. The nine-county Bay Area is worst hit by the foreclosure fiasco. It is also true that people living there are searching for [...]
The centre of the Dot Com controversy in 2000, Silicon Valley in the South Bay district has retained some of the highest quality intellectual property in the world. The largest participants in technological commerce choose their place of business to be San Francisco’s South Bay. While unemployment has been an inevitable consequence to the economic [...]
To some it may seem anomalous that property values in the South Bay district of San Francisco have emerged relatively unharmed after the global financial crisis, and indeed this is the case however, the San Jose district has also suffered from the lack of development funding. Residing in the most populous state in the United [...]
Latest statistics reveal that Short Sales are widely becoming the choice of troubled home owners in San Francisco County of the Bay Area. The reason is simple – a Short Sale is far more advantageous to you, compared to foreclosure and its hassles. A cursory glance of the housing market reports of San Francisco, gives [...]
In California, particularly in the San Francisco Bay Area – Santa Clara – and San Manteo statistics reveal the prices of residential properties is picking up. Compared to December 2008, the prices have gone up by 15.2% in most of the Counties, in December 2009. This is encouraging trend, especially for those troubled home owners [...]
In last December prices as well as sales picked up for the third running month with the media jumping to $380,000 from what it was a year previously – $50,000. 7,828 deals on new and old single family houses and condos were closed showing 13.6% increase from what it was a year previously. The media [...]
The crawling up of price of residential houses in some regions of East Bay caused some to think that the collapse in the market was now history. But trends indicate that the double dip factors are showing up. Unemployment troubles came close on its heels as a chain reaction set it. The lengthy intense recession [...]
Many experts are of the opinion that Fannie Mae and Freddie Mac played a leading role in the financial crisis. These two fall under the GSE category of Government Sponsored Enterprises. This group of financial services enhances credit flow to certain focused economic sectors to make them more transparent and efficient – agriculture, education and [...]
The foreclosure situation in the 9 county San Francisco Bay area is as worse as it is elsewhere. The distressed home owners are amazed. But there is a short-cut to come out of the melee with some dignity – instead of forfeiting their homes to full-fledged foreclosure and eviction. It is the “short-sale” route which [...]
Symbiotic! A perfect word to describe this popular trend! One man’s woe become other one’s profits, someone’s urgency to sell off, paves way for profits to somebody else. The trend that was prevalent in the 90s is back yet again and it’s looming all over. Just to put more light over the issue and clarify [...]
