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Third-lowest home sales in two decades for May in the Bay Area

The Bay Area recorded the lowest number of homes sales for the month of May in three years - and the third-lowest in at least 23 years. Included is a link to a story on The Press Democrat’s monthly housing report for May.

By | June 15th, 2011|0 Comments

Sold: $315,000 in Windsor

This single-story home was built and sold by Christopherson Homes in 2000 for $315,700. Records show the home was last sold for $448,000 in 2004. In January, the property was taken back by the bank in a foreclosure auction and listed for sale in February for $316,200.

By | April 27th, 2011|0 Comments

Sonoma County foreclosures rise in fifth year of housing woes

Each week about 40 borrowers in the county lose their homes. When will it end?

By | April 19th, 2011|2 Comments

March home sales rise but prices dip near their lowest level in two years

March home sales reached their highest level in Sonoma County in five years, but the median price continued to slide and is back near its lowest point since the housing market crashed almost four years ago. Buyers purchased 399 single-family homes last month, an increase of more than 90 homes [...]

By | April 13th, 2011|3 Comments

Cash purchases for homes hit record in state

Californians purchased homes with cash at a record pace last month, and even in Sonoma County the rate was nearly double the average for the last decade. Nearly 31 percent of all houses and condominiums bought in the Golden State in January were purchased without a mortgage, according to San [...]

By | March 1st, 2011|0 Comments

January home sales slow, but new deals jump

Sonoma County homes sales slowed in typical fashion in January, but the number of deals made last month jumped to the third-highest level in more than two years. Buyer and sellers signed 464 purchase contracts for single-family homes last month, according to The Press Democrat’s monthly housing report compiled by [...]

By | February 15th, 2011|1 Comment

Foreclosure activity drops in Sonoma County

Foreclosure activity slowed markedly in Sonoma County at the end of last year, but experts expressed skepticism that the decline signals a reduction in distressed properties. The county recorded 443 homes lost to foreclosure in the fourth quarter of 2010, according to a report released Tuesday by DataQuick Information Systems [...]

By | January 25th, 2011|2 Comments

SF firm buys distressed SR office property

A San Francisco real estate investment firm has purchased five Santa Rosa office buildings that a national real estate company lost last year in foreclosure. Presidio Development Partners LLC paid almost $4 million last month for the five buildings that make up the Parkpoint Business Center on North Dutton Avenue [...]

By | January 20th, 2011|0 Comments

Bay Area home sales sluggish, prices flat

Sales were down 8 percent in December from a year earlier. The median sales price declined to $375,000, down 1.3 percent from both a month and a year earlier.

By | January 20th, 2011|0 Comments

Fannie Mae’s video stories give tips to beat foreclosures.

It may not feel entertaining, but distressed homeowners now can watch government-backed videos where actors dramatize the ways that people try to avoid foreclosures. WaysHome is a new online program released Thursday by Fannie Mae, a federally controlled company that provides loan guarantees and funds for mortgage lenders. The videos [...]

By | January 6th, 2011|0 Comments