Bay Area Real Estate Trends

Housing Foreclosure Auction Buyers Are Breaking and Entering Into Homes – Patrick.net http://pastebin.com/KrnzPYjH -Before you go to auction you need to actually scout the houses. Its common for previous owners to gut the house or completely remove the kitchen. It was my job to drive to these houses and asses them, damage, repairs cost ect… [...]

Housing San Francisco Foreclosure Audit Elicits Predictable Responses from Securitization Mess Deniers - Yves Smith Shocking Economic Insight – Mass Foreclosures Will Drive Down Home Prices - Yves Smith BLAIR NICHE PROJECT – Dwell At just $167 per square foot, this high-design, low-cost barn in rural Wisconsin is an American idyll. Mortgage Delinquencies by Loan Type - CR Foreclosure [...]

Housing Audit Uncovers Extensive Flaws in Foreclosures – NY Times In a significant number of cases — 85 percent — documents recording the transfer of a defaulted property to a new trustee were not filed properly or on time, the report found. And in 45 percent of the foreclosures, properties were sold at auction to [...]

Housing NAHB Builder Confidence index increases in February; Highest in over four years - CR These Are The 10 NEW Most Expensive Cities In The World – Business Insider FHA defaults up for ninth straight month – HousingWire Bay Area’s hefty share of mortgage settlement – SF Chronicle According to estimates from the California attorney general’s [...]

Housing The Housing Bust, in One Chart – NYT Mortgage problems? Turn your house into a billboard – Yahoo Polar Bears, the Housing Crisis and Forbidden Truths – HuffPo Why not build? – Economist I agree that density is likely to support all these good things. To a certain extent, however, I’m inclined to argue [...]

Housing National Mortgage Settlement: Some States Using Mortgage Deal Funds To Close Budget Gaps – HuffPo States are already spending settlement money on other things. Nice. Distressed House Sales using Sacramento Data for January - CR Total sales were up 4.7% compared to January 2011. Active Listing Inventory declined 49.4% from last January, and total inventory, including [...]