Tag Archives: Blomquist

Experts say San Francisco approaching housing bubble

SAN FRANCISCO (KGO) — Despite rising interest rates, there’s been a frenzy of home buying activity in San Francisco. That has some real estate experts concerned the market could be overheated. The experts at RealtyTrac told 7 On Your Side … Continue reading

Posted in SF Bay Area News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreclosures Fall Even as Judges Ramp Up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Housing Recovery Depends on Slashing Mortgage Debt

(Read More: Mortgage Deduction Is Popular, but Few Claim It) “The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Property Flippers Are Back as Housing’s New Middle Men

Who can forget the heady days of the housing boom when property flippers would follow condo developers around like hungry wolves, waiting to pounce on new projects before one grain of earth had moved? Property auctions for single family homes … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

US Real Estate News: California

California leading US out of housing bust KHB California, the state that led the US into the housing “Boom and Bust” with some of the most reckless subprime mortgage lending, is now leading the way out. A fall in new … Continue reading

Posted in SF Bay Area News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment