January does not necessary mean a good sales month. The recent numbers published by Redfin seem to reaffirm that as January sales dropped 41.7% compared to December 2011. According to Redfin’s latest numbers there were 297 sales of single-family homes, condos and townhomes. However, this pushed the median price up 4% from December 2011 and [...]
There were only 327 recorded sales in January which pushed the chart numbers down 1.8% for San Francisco, compared to 333 sales in January 2010. However, compared to December, which usually is the top of the sales month, the January numbers are down 34.5%, right in line with an average December to January drop of [...]
Waypoint Real Estate Group is ready to take action against the foreclosure crisis, and shows a positive example for investors, the Congress and the Fed. While the Fed and the Congress have a word fight over which is the best path to housing recovery, Waypoint has a simple action plans: it buys, renovates and rents [...]
The recently released S&P/Case-Schiller Home Price index predicts a cloudy future for San Francisco home prices considering the active trend. The data tracked by S&P shows that home prices in San Francisco continued to drop, same as home prices across the country. New numbers released last week painted a weak housing picture, with the 10-city [...]
The property located at 172 Denslowe was purchased 8 years ago, in March 2003 for $532,000 and it was remodeled and re-landscaped with a makeover featured on HGTV. Before the HGTV makeover, the property wasn’t too much of a sparkling house, but with the help of the creative team they breathe new life into it [...]
The house where a 75-year-old great-grandmother lived in for nearly 40 years was foreclosed on and she was pushed into the streets with her clothing and the three children she was looking after. Josephine Tolbert vowed to break back into her former home, although the locks were changed. Tolbert ended up in front of her [...]
A Bayview woman recently grabbed the headlines as she broke back into her foreclosed home. According to an article published by ABC7 the woman now admits that mistakes were made, but she was the victim of predatory lending practices at the height of the housing boom. Her case is one of the thousands of homeowners [...]
The third quarter of 2011 seems to continue the previous quarter’s trend: Marin homeowners lost 131 properties to foreclosure, virtually unchanged from 130 of Q2. However, this is a slight drop of 5.1% from 138 foreclosures in the same period of 2010, according to figures released Tuesday. Even the number of notices of default — [...]
Assessor-Recorder Phil Ting along with Supervisors Avalos, Cohen and Mirkarimi will gathered at City Hall to address the “Wall Street Wrecking Ball” report for San Francisco, “uniting behind solutions to help homeowners facing foreclosure and City Hall deal with the economic and budget impact of the mortgage crisis” on Friday afternoon, Socketsite reported. Avalos, Cohen [...]
What we read from RealtyTrac statistics is seen first hand by San Francisco Bay Area sheriff’s departments, who are having to hand out eviction notices in a fast pace. As the latest reports coming from RealtyTrac show, San Francisco and the whole nine-county Bay Area mortgage defaults is up in an accelerated pace and even [...]
