California should receive at least $20.6 billion from a settlement with the nation’s major mortgage lenders, the largest share of any state and about $2 billion more than expected when the agreement to assist homeowners was announced last year, according to a report released Thursday.
Northern California has posted its strongest home sales for January in six years but researchers say the market’s still far from normal.
Gov. Jerry Brown said at a housing summit in Oakland today that California has a “very vibrant” housing market but it needs to re-examine some laws and regulations that may be hampering the market.
A former East Bay real estate agent is facing fraud charges after he allegedly tried to fake the final payoff on the mortgage for his Danville home.
Planning to sell your home? You may want to wait until 2016 before listing it.
California’s attorney general has filed a lawsuit against debt rating agency Standard & Poor’s, claiming it inflated its ratings of certain investments, costing the state’s public pension funds and other investors billions of dollars.
The number of California homes selling for more than a million dollars rose to the highest level in more than five years, according to industry publication DataQuick.
A proposal that would allow San Francisco residents to pay a fee to bypass a lottery for condominium conversions was shelved for four weeks at the conclusion of a Board of Supervisors committee hearing Monday.
The Bay Area real estate market has been on the rebound in recent months, but few homes have ever sold for as much as a mansion just purchased in Woodside.
A real estate research firm says California home foreclosure activity has fallen to a six-year low.