Wednesday, January 25, 2012
The San Francisco Chronicle
Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac said.
Read the full story
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/12/BUPF1MOFAU.DTL
Monday, December 19, 2011
The San Francisco Chronicle
The volume of outstanding home mortgages declined to $9.88 trillion from $9.94 trillion June 30, according to Federal Reserve data released Thursday.
Read the full story
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/09/BU7U1MA2OB.DTL
Thursday, October 6, 2011
On Oct. 1, the conforming loan limit was decreased, and the U.S. stopped guaranteeing loans larger than $625,500. To determine how the change in loan limits will impact home sales nationwide, Redfin released new data showing which areas are most vulnerable to the policy change.
The following information states the city/county, percent affected, previous loan limit, and new loan limit.
San Francisco, CA, 11 percent, $729,750, $625,500; San Mateo, CA, 8.5 percent, $729,750, $625,500; Arlington, VA, 8.3 percent, $729,750, $625,500; Santa Clara, CA, 6.2 percent, $729,750, $625,500; District of Columbia, 5.7 percent, $729,750, $625,500; San Diego, CA, 5 percent, $697,500, $546,250; Orange, CA, 4.5 percent, $729,750, $625,500; Fairfax City and County, VA, 4.4 percent, $729,750, $625,500; Suffolk, 4.3 percent, $523,750, $465,750; King, WA, 3.9 percent; $567,500, $506,000; Los Angeles, CA, 3.1 percent; $729,750, $625,500; Queens, NY, 2.1 percent, $729,750, $625,500; Sacramento, CA 0.7 percent, $580,000, $474,950; Baltimore City, MD, 0.7 percent; $560,000, $494,500; Multnomah, OR, 0.1 percent, $418,750, $417,000.
More info
Thursday, September 9, 2010
The percentage of homeowners who reduced their listing prices rose approximately 3 percent in August compared with July, according to a monthly survey conducted by ZipRealty, which examines home listings in 26 major markets.
ZipRealty’s review found that 47 percent of homes listed for sale experienced at least one price reduction in August, up 2.81 percent compared with July. On average, homeowners within all markets studied reduced list prices by $19,092.
The San Francisco, Orange County, San Diego, and Los Angeles markets were among those with the largest median price reduction in absolute dollars.
