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 [...]
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 [...]
October brought thousands of delinquency notes in the Bay Area, as lenders found their way through a backlog of distressed mortgages that began building a year ago, at least according to RealtyTrac’s latest report. “We are definitely seeing signs that lenders are ramping back up,” said Daren Blomquist, of RealtyTrac. “Delinquency notices are sent to [...]
Napa County recorded 263 notices of default the third quarter, compared to 222 in the same period the year prior, according to DataQuick’s recent report. The 18.5% jump makes the highest percentage increase in the nine Bay Area counties. On the other side, the number of Napa County homes or condos completing foreclosure dropped 13%, from 131 [...]
Solano County records the nation’s second-highest foreclosure rate in the third quarter, a recent report issued by RealtyTrac reveals. Moreover, the are has been in the top three for foreclosures for about five years now, the research company experts say. However, the most recent report shows California cities ranking 15 of the top 25 metro-area [...]
