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?
Each week about 40 borrowers in the county lose their homes. When will it end?
The median price of houses and condos in the nine-county region hit $360,000 in March. That remains 24 percent better than its low point of $290,000 in February 2009.
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 [...]
A new survey found a majority of economists and real estate experts think U.S. housing prices will drop this year. What do you think?
Sonoma County home sale prices slid for a third straight month in February as distressed properties continued to dominate the market. The median sales price for single-family homes last month fell to $325,000, down 7 percent from February 2010, according to The Press Democrat’s monthly housing report compiled by Coldwell [...]