The number of mortgage default notices filed against California homeowners fell last quarter compared with the prior three-month period, the result of lenders’ evolving foreclosure policies, an uncertain legislative environment and an uptick in the number of mortgages being renegotiated, a real estate information service reported.
“It may well be that lenders have intentionally slowed down [...]
The average home price is forecast to plummet over the next two years. But these 7 cities are predicted to post gains.
Number 1: San Francisco
Median home price: $675,000
Value lost since 2006: 25.7%
Forecast gain by 2011*: 4.8%
The San Francisco metro area has seen its home values drop by a quarter, and the city still has some [...]
A recent report in the Contra Costa Times (Friday, Sept. 4, 2009) shows some big news for those of us still living in the Bay Area in 25 years: “We will need to find room to build more than 635,000 homes in the next 25 years to accommodate an additional 1.7 million people.”
Hmmmm. And how does [...]
In California those families with a combined income of $250,000 or more are considered wealthy.
ARE YOU SERIOUS??
Do these people know that the median income for a family of 4 in California is $74,801? Wealth should not be defined as what you make in a calendar year. For instance, Family A and B each made $250,000 in 2008. [...]
If you are looking for someone with a strong opinion about the economy and real estate, then look no further than Carole Rodoni. Her leadership and statistical analysis of the economy and how it affects real estate makes her opinions extremely valuable. Yesterday I spent nearly 2 hours in a room with 500 other curious [...]
A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…