Tag Archives: dataquick

Million Dollar Home Sales Surge

California’s most expensive homes have been the least affected of the Golden State’s real estate crisis. From the LAT: Million-dollar-or-more home sales statewide surged in the second quarter to the highest level since the third quarter of 2007 as the … Continue reading

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We Were Expecting A New Flood Of Foreclosures In California

What happened? Lenders are working aggressively with homeowners to keep them in their home and paying off their mortgage. Lenders desperately do not want a flood of new foreclosures to drive down home prices and depress their mortgage-backed securities. Banks … Continue reading

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Los Angeles Home Price Edge Up

The Los Angeles Times reports: “The price is still 45.5% below the 2007 peak and 16.7% lower than a year earlier. Sales are limited because fewer foreclosed homes are on the market.” Here are a bunch of numbers: $275,000. That’s … Continue reading

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California’s Foreclosure Woes

It’s bad in the Sunshine state, as well as in Florida, Arizona and Nevada. In the first three months of 2009, there were twice as many foreclosures in the San Francisco Bay Area as compared to a year ago. The … Continue reading

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California’s Foreclosure Mess

Report: First the good news. Home sales are up in California. The bad news — there are a ton of foreclosures to work through before the decline in home prices stops. How much will California real estate decline next year? … Continue reading

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Mortgage Defaults In California

Fewer Californians defaulted on their homes in the third quarter according to a new report. But the rules have changed. Here’s a view from Santa Rosa: In Sonoma County, lenders sent 1,021 default notices in the third quarter, down 26 … Continue reading

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California Struggles With Foreclosures

Foreclosures in California leveled off in the second and third quarters. A new law changes the way defaults are filed and measured. There’s no end in sight for California’s real estate crash. From Reuters: California was primed in recent years … Continue reading

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California Defaults Down

About 94,000 home owners in California defaulted in the past quarter. Sue McAllister writes: The number of Santa Clara County homeowners who fell behind in their mortgage payments in the third quarter rose 70 percent compared to the same period … Continue reading

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