The Richmond City Council Tuesday evening will consider scrapping the city’s controversial plan to buy struggling homeowners’ underwater mortgages.
With prices expected to rise even further next year amid a strong housing market in San Francisco, the potential for greater demand in real estate professionals is also expected to grow.
A judge has dismissed all charges against a Silicon Valley real estate magnate whose wife accused him of chaining her to a bed for two days while she was pregnant and sexually assaulting her with a golf putter.
The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.
The real estate tracking firm DataQuick says the median price for homes in the nine-county San Francisco Bay area reached $555,000 in June, an increase of 6.9 percent over the previous month.
An arrest warrant has been issued for a San Jose real estate agent charged with scamming victims in a deal involving a building in Modesto, prosecutors said Friday.
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.