Love DataQuick. Really. December’s numbers tell us that half of all Bay Area resales were foreclosed homes. Anyone surprised? Especially all of you out in East Contra Costa County? Also, prices are down to 2000 levels. The median price paid for a Bay Area home was $330,000 in December. That was down 5.7 percent from [...]
Filed under: Uncategorized | Tagged: dataquick, December, report, sales | Leave a Comment »
Low Mortgage Rates in Bay Area Not Easy to Get Bay Area mortgages have gotten all dressed up but they have nowhere to go because many prospective borrowers can’t qualify. Average rates for home loans have plunged below 5 percent for the first time on record, Freddie Mac reported Thursday. But squeamish lenders, the credit squeeze, [...]
Filed under: Uncategorized | Tagged: bay area, Cost Plus, divorce, Ellis, prices, Sonoma, Vallejo | Leave a Comment »
My nemesis and Seattle carpetbagger fellow Bay Area freelance writer, Kristina Shevory, wrote an interesting article about buying into Diablo Grande Winery & Resort in Patterson, Calif. It turns out, like all grand developments opened in 2007, going belly-up and sold at auction. Although one family in the article, the Gardalis, bought a $500,000 home (I [...]
Filed under: Broken Dream Home, Price Check, The Market | Tagged: bankruptcy, Diablo Grande, golf, Patterson | 1 Comment »
