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The 9-County Bay area including, the whole of California is going to be helped by the federal government allocation of tax dollars as subsidy – reason: foreclosure mitigation special for “weak” States. The financial health of these states – California; Florida; Arizona; Michigan and Nevada are seriously affected by twin diseases – increasing unemployment and [...]
August 11th, 2010 | Posted in Economy | Read More »
San Francisco has the name and fame behind it as the number one town in California State, ever since the period of Gold Rush, centuries back. Migration of people – not only from other parts of the country – but people from other countries like China as well, was the order for many years in [...]
August 9th, 2010 | Posted in Lending | Read More »
Sending mixed signals – this will be the apt description of statistics available on various fronts from the 9-county- SF Bay area housing market. On the one hand foreclosure activity, which was steadily increasing last year, has showed a decline for the past few months. On the other home sales have shown a decline, successively [...]
August 6th, 2010 | Posted in Housing | Read More »
The competition for bargains have a high influence on the Bay Area housing market, specially in Oakland and nearby San Francisco. In this case bargains mean foreclosed homes. These areas have a high number of distressed properties: nearly three of every 1,000 homeowners lost their homes to foreclosure in May – a Zillow report shows. [...]
August 4th, 2010 | Posted in Foreclosures | Read More »
On the national scene, conflicting indicators and messages are coming out of surveys and studies on the real estate recovery, wherefrom a clear picture of the second half-year 2010 is elusive. While there is decline in foreclosure filings, in almost all the states and metropolitan areas of the country, there is unusual flow of properties [...]
July 30th, 2010 | Posted in Housing | Read More »
A perusal of the market updates published in real estate-related sites, as well as trusted sources of financial market like the Wall Street Journal, shows the home prices in some of the major cities of the 9-county San Francisco Bay Area have gone up steadily, with uneven rebound in prices though. There are instances of [...]
July 26th, 2010 | Posted in Housing | Read More »
In the 9-county SF Bay Area housing market, the number of new foreclosure filings is coming down consecutively for the last few months. Different interpretations are being offered by market analysts, as to the direction the foreclosure trend is heading, as far as SF Bay Area is concerned. The latest foreclosure activity report, pertaining to [...]
July 23rd, 2010 | Posted in Foreclosures,Lending | Read More »
Now that authentic statistics have come out for the month of June, it looks as though the 9 county SF Bay Area housing market is ahead of rough path still to go. Home sales in the Bay Area last month is reported to have declined by 3.1% compared to June 2009. However, on a comparison [...]
July 19th, 2010 | Posted in Foreclosures,Housing | Read More »
Property values going down – is no news in the present housing market situations. In fact there are good news reports from many parts of the country that home sales is picking up, including that of the foreclosure properties. We can only draw solace that the fall in property values is slowly thinning in size [...]
July 16th, 2010 | Posted in Foreclosures,Housing | Read More »
The news stories published in San Francisco Chronicle under the Real Estate feature are very useful for viewers, to update their information of what is happening in the 9-County SF Bay Area. In this context, their latest Condo Report analyses the facts and figures of residential property sector – particularly condominiums. Here are some of [...]
July 12th, 2010 | Posted in Economy,Housing | Read More »