Although we are used to see low sales in January across the country, California and especially Bay Area has surprised many analysts with its sales numbers reported for January. DataQuick has posted its recent report highlighting that buyers has purchased 5,479 homes and condos in the Bay Area in the first month of the year, [...]
Marin County foreclosures dropped 25% in the fourth quarter of 2011, compared to a year prior. The numbers made public by DataQuick tracking firm from San Diego show that during the 98 day period 96 Marin County properties were foreclosed on, 33 properties less than the 129 recorded in the fourth quarter of 2010. Other [...]
Across the nine-county San Francisco Bay Area last year was a puzzle with contrary trends, but the main trend was declining home prices for single-family houses and large areas of depressed sales. However, Bay Area realtors are convinced that a better year is ahead. Looking at the nine-county area, sales of single-family homes in Contra [...]
After they went down the drain, Bay Area housing prices will go up in some parts of the nine-county area, a new forecast coming from Clear Capital says. A healthy real estate market means stabile prices, even when homeowners face different challenges, such as tight credit, and low sales. In a report released at the [...]
The San Francisco Bay Area has joined the line of the states with dropping foreclosure filings. Although the reason behind the drop can be the holiday foreclosure seizure, it is still encouraging. RealtyTrac released its monthly report and annual look-back recently, covering the nine-county Bay Area housing market. According to the press release, RealtyTrac believes [...]
Recent studies show that Bay Area homes lost more than 33% of a trillion dollars in value since the financial crisis hit the country four years ago. The numbers calculated by DataQuick are shocking: the loss in home vale in five Bay Area counties from 2007 to 2011 was $387 billion, which is a 33% [...]
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 [...]
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 [...]
A Fremont woman convicted of a foreclosure scam that targeted immigrant homeowners was sentenced to 5 years in prison Wednesday, Kamala Harris, California State Attorney General said. The name of the woman is Angeline Lisa Lizzarango, she is 69 years old and she was convicted of felony fraud and theft in connection with 11 scams [...]
The Bay Area’s median home price dropped 4% in last due to weak sales activity. DataQuick’s recent report shows that the median price for all houses and condos dropped to $350,000 from $365,000 in September. The price was the lowest in eight months and down nearly 9% from a year ago. The number homes purchased [...]
