1400 Cavedale Road Situated in the Mayacamas mountain range, this Palladian style home at 1400 Cavedale Road in Sonoma was built in 1991 and offers sweeping views of the Sonoma Valley, the San Francisco Bay and the city of San Francisco. It was designed by Douglas Pinter for [...]
February home sales were sluggish for both the Bay Area and the state, according to the California Association of Realtors. Is this, as one local agent said in today's Press Democrat, the "new normal?"
California home sales will stay sluggish next year as the market continues to struggle with a weak economy and large numbers of distressed properties. Home sales will climb a mere 2 percent in 2011 after a projected drop of 10 percent this year, the California Association of Realtors forecast Monday. [...]
The California Association of Realtors reports August home sales up nearly 2 percent from July. But the state recorded almost 80,000 fewer sales than in August 2009.
Los Angeles, Sacramento and the Bay Area all had a double-digit drop in sales.
First-time buyers can receive a tax credit of up to $10,000.
The state and nation measure increases in March home sales compared to a year ago. County sales dipped 5 percent compared to March 2009.
Foreclosure Radar says activity soon resumed to previous levels for default and trustee sale notices.