Bay Area home sales tumble 19 percent in July
The number of houses and condominiums sold last month was the lowest for a July in 15 years.
The number of houses and condominiums sold last month was the lowest for a July in 15 years.
The county ranks 42nd out of 206 metro areas for communities with the highest foreclosure rates.
A new Wall Street Journal story says Berkeley home values are off only 11 percent since their July 2005 peak, while San Jose home prices remain 26 percent below their June 2007 peak.
Home sales dropped 3 percent from a year ago. The median price was unchanged but up almost 17 percent from June 2009.
Fourteen mortgage lenders and servicers will attend the free sessions in San Francisco and Oakland.
April home sales were down slightly from a year earlier, but fell nearly 25 percent lower than the historic monthly average.
Analysts say the jump was largely expected in both sales and median prices.
The Bay Area last month recorded its second-lowest total of home sales for a February in 15 years. The nine-county region last month logged the sale of 4,987 houses and condos, according to MDA DataQuick of San Diego. Since 1995, the only February with a lower sales total occurred in [...]