Bay Area Real Estate Trends

Housing Case Shiller: Home Prices at New Post-Bubble Lows – BARET Will the bubble ever burst in NYC, DC, or SF?? – Patrick.net – Interesting discussion going on here… Will the White House Move the ‘Boulder’ on Principal Write-Downs? – WSJ The administration on Friday said it would triple payments to the mortgage industry in an [...]

National home prices have officially reached new post-bubble lows (seasonally-adjusted) according to the January 2012 Case-Shiller Home Price Index. From Standard and Poors: Data through November 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices … showed declines of 1.3% for both the 10- and 20-City Composites in November over October. For [...]

A lot of people ask where we get all of the news that we filter to find our daily news links. Here is my system… I use Google Reader, which is an easy way to track all the news and blog posts from the sites you care about in one place. Every morning, I’ll pull [...]

Check out the Youth Unemployment rates for Portugal, Greece, and Spain. Talk about driving social mood to a darker place… Courtesy Zero Hedge: For comparison, the Youth Unemployment rate (16-24 year olds) in the United States was last reported at 18.1%.

This morning on KQED Public Radio, NPR gave a disturbing report about FreddieMac and U.S. homeowner’s, including Bay Area homeowner’s, ability today to refinance their home mortgages.  NPR said FreddieMac, a pseudo-federal government agency that helps U.S. residents from all across the nation buy homes, is betting homeowners won’t be able to refinance in the [...]

Housing Robert Shiller on Housing Market, Economy – WaPo Freddie Mac Betting Against Struggling Homeowners – NPR In December, Freddie’s chief executive, Charles Haldeman, assured Congress his company is “helping financially strapped families reduce their mortgage costs through refinancing their mortgages.” But public documents show that in 2010 and 2011, Freddie Mac set out to [...]