Tag Archives: Low Mortgage

San Francisco Bay area February home sales dip

SAN DIEGO — Home sales dropped and prices rose in the San Francisco Bay area last month as supplies remained tight, the real estate research firm DataQuick reported Thursday. A total of 5,404 houses and condominiums were sold, down 1.8 … Continue reading

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Foreclosures Fall Due to New Laws

Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading

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Rentals Chip Away at Home Builder Gains

“Single family starts did ‘improve’ suddenly early in 2012 on the Twist gap down in mortgage rates, but it quit ‘improving’ several months ago. Once 2013 data start to come in, the segment could quickly go from year-over-year positive to … Continue reading

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Bay Area August Home Sales Highest Since 2006

     La Jolla, CA.-The Bay Area posted its strongest home sales for the month of August in six years, the result of low mortgage interest rates, an improving economy and increasing demand in mid- to move-up market segments. The median … Continue reading

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Umpqua Bank expands Bay Area real estate lending

Umpqua Bank CEO Ray Davis has made Bay Area growth a priority. Umpqua Bank    Umpqua Bank Latest from The Business Journals Umpqua Bank expands Bay Area commercial real estate lendingWashington Federal’s surprising strategy for those super-low mortgage ratesUmpqua gives … Continue reading

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