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A for sale sign in front of an Oakland foreclosure. (CBS)

Report Finds Investors Buying Up Foreclosed Oakland Homes

An advocacy group for low-income people issued a report Thursday that says investors are buying foreclosed homes in the poorest neighborhoods in Oakland in a trend that is destabilizing communities.


A real estate photo of 333 Belvedere Avenue. (Multiple Listing Service)

Marin Couple Buys, Demolishes Neighbor’s Home To Improve View

A Marin county couple spent more than $4 Million to land a prime piece of real estate, only to level the five bedroom estate and turn the lot into a garden.



Red Flag Warning Puts Marin County Firefighters On High-Alert

A red flag warning has been extended until Monday morning for Marin County and the East Bay hills.


Solar panels on the roof of a Bay Area home. (CBS)

Energy Regulations Expected To Push Up Prices For New California Homes

The California Energy Commission said the rules it approved unanimously Thursday will raise the average cost of a new home by nearly $2,300.


home sale, real estate, house,

Luxury Home, Car Sales Surging In Silicon Valley

While the rest of the country is still suffering from a lack of consumer confidence just the opposite is true in Silicon Valley.


A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

Bay Area Foreclosure Rates On The Decline; Prices Up

The foreclosure picture across the U.S. and the Bay Area is showing signs of improvement according to foreclosure database Realty Trac.


Firefighters on scene of a five-alarm fire near El Camino Real and Scott Blvd. in Santa Clara on May 9, 2012. (CBS)

Fire Destroys Santa Clara Homes Under Construction

Santa Clara firefighters extinguished a five-alarm fire that consumed several under-construction townhouses on Wednesday night, and damaged several nearby buildings, a fire battalion chief said.



Martinez VA Focuses On Finding Permanent Homes For Veterans

Many war veterans in the Bay Area who have returned from Iraq and Afghanistan have no place to live due to chronic homelessness. Now, the Department of Veterans Affairs in Martinez is working to find permanent housing for these vets.


A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

California’s AG Pushing New Mortgage, Homeowner Protections

The proposals by Attorney General Kamala Harris would provide safeguards for homeowners while giving her office more leeway to investigate financial crimes.


downtown San Jose skyline

Silicon Valley Businesses Optimistic On Economic Turnaround

Sellers of high-end homes and cars in Silicon Valley have talked to customers who are more optimistic than ever about the economy in 2012.