Tag Archives: Foreclosed Homes

Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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Home sales, prices fall in Bay Area

Bay Area homes saw median sale prices fall in July compared with a year ago, as economic jitters kept potential buyers, especially at the high end, out of the market, according to a real estate report released Tuesday. Throughout the … Continue reading

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Spread of ‘underwater’ foreclosures feared in San Mateo County

The percentage of “underwater” homes worth less than they are mortgaged for rose sharply in San Mateo County in the first quarter of this year, more than in any other Bay Area county. San Mateo County homes suffering from what … Continue reading

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Investors Lead San Francisco Home Sales

SAN FRANCISCO (DQNews) — Bay Area home sales held at a poky pace in February as the median sale price fell below the year-ago level for the fifth consecutive month. With many would-be buyers still reluctant to enter the market, … Continue reading

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