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 [...]
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 [...]
Market update: it looks like the hunt for bargains are helping the San Francisco housing market to move forward. 310 Townsend #408 was listed as a short sale for $425,000 in August, while it was purchased for $665,000 in 2007. The listing says: “Currently tenant occupied, the condo commands $3100 per month in rent, making [...]
A beautiful Victorian home built in 1900 in Lower Pacific Height was listed as a short sale, Socketsite reported. The description says the luxury real estate features 3+ bedroom and 3 bathrooms and it has expansive living space on three levels. Other informations revealed by San Francisco MLS: remodeled kitchen and bathrooms, formal dining room, [...]
It’s been almost five years ago that One Rincon Hill opened its sales office door. At that time, with “One Gincon” signature cocktails in their hands, buyers lined up until late in the evening for the right to reserve a unit in the building. But 3 years after the owners moved into the high-rise apartment, [...]
Strategic defaulters now have a chance to keep their homes with a Walnut Creek startup debuting Monday, with a service aimed to help home borrowers in distress. The startup will help borrowers go through a strategic default but possibly keep their home, while shifting equity and loss onto the lender. HomeLiberty, the new service would [...]
Although California is one of the hardest hit states by the housing collapse and its housing market is still saddled with plenty of distressed real estate, the percentage of foreclosure and REO sales in declined in April for the second month in a row. According to the California Association of Realtors "the share of sales [...]
Since 2008 nearly 2,500 Sonoma County single-family homes have been sold as short sales, CJ Holmes Brokerage from Santa Rosa reported. This number shows that short sales accounted more than one in every six sales in the area during these three years. About 31,000 county homeowners owed more than their homes were worth at the [...]
Home sales dip in Santa Cruz during October as more homes entered the foreclosure pipeline. A total of 110 single-family homes sold, down 36% from a year prior, according to Gary Gangnes of Reak Options Realty, a real estate market tracking company. Median home price was $501,250 which is the lowest since the beginning of [...]
Although the extremely fragile national housing is shrouded by uncertainty, California gives glimmers of stability. These signs are given by the rising home prices in every corner of the state. They’ve climbed for nine consecutive months and in July posted a 10.4 percent gain year over year. That puts the state’s median price at $315,000 [...]
