Despite rising home prices in much of the Bay Area, many home buyers are struggling to wade out from their underwater mortgage – prompting some Richmond city leaders to attempt a unique tactic to provide mortgage relief.
California home prices surged to their highest level in more than five years last month as demand outpaced a thin supply of properties, a research firm reported Thursday.
The 8- by 12-foot parking space is in an enclosed garage in a condominium building. The spot in the city’s trendy South Beach neighborhood sold last week for $82,000.
More than 200,000 Californians will each receive checks worth nearly $1,500 this month as part of the national mortgage settlement, the state attorney general’s office said Tuesday.
More than four dozen real estate speculators and two companies have been charged with illegally fixing foreclosure auctions in three states by bid-rigging. Several were operating in the Bay Area.
New townhome projects continue at a rapid pace in Sunnyvale, where home construction can barely keep up with demand as Bay Area home values rise.
You’ve been told time and time again that buying a home is a better financial option than renting. But that’s not true everywhere.
A research firm says the Bay Area’s median home price surged 17 percent in just one month, to pass the half-million dollar mark for the first time in five years.
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
San Francisco Board of Supervisors’ Land Use Committee has approved a compromise plan dealing with condo conversions that’s making affordable housing advocates happy if the full board decides to pass it.