Tag Archives: Mortgage

Home values rise, but millions still drown in debt

More than three million U.S. borrowers have risen above water on their mortgages so far this year, thanks to swift home price appreciation, according to a new report from online real estate company Zillow. The negative home equity rate fell … Continue reading

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Bay Area housing prices jump 43 percent, but don’t celebrate

The area median home price shoot up by 43 percent to $620,000 in the Bay Area during the past year, according to ZipRealty. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn The Bay Area housing market is … Continue reading

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Where have home prices risen most in the Bay Area? You’ll be surprised

East Bay homes, like this house in Fremont, saw the biggest price gains during the past year in the Bay Area. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn Home prices are shooting up across the nation … Continue reading

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After Eight Months, Home Builder Confidence Stalls

Current sales conditions remained unchanged, sales expectations over the next six months fell one point, and buyer traffic gained one point. Regionally, home builders were less confident in the Northeast and Midwest, but gained confidence in the South and particularly … Continue reading

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Mortgage Recovery Still Rocky

The trouble is, the banks are close to finishing their obligations under the settlement, and the largest, Bank of America, will not continue to offer principal reduction afterward. “The programs then going forward will provide for similar relief, but I … Continue reading

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