Tag Archives: Mortgages

Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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

Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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

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

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

US Pending Home Sales Tick Upward in March

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading

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

Rise In All-Cash Home Sales Frustrates Bay Area First-Time Buyers

SAN FRANCISCO (KCBS) — Real estate firms are reporting a record number of Bay Area homes are being bought with cash, making it increasingly difficult for first-time homebuyers to get their offers accepted. Often, the bids are only accepted after … Continue reading

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