Bay Area REBlog

Remodeling your home is very big business these days – turn on your TV and it seems like every channel has their resident good-looking carpenter ready and waiting to improve the looks of the house and the lives of the owners with one swoop of his table saw. But what happens when it comes time [...]

[Read more →]

For those of you not familiar with Twitter here is the blurb they post on their website – “Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over [...]

[Read more →]

At its core, the Financial Bailout Plan is all about taking home loans off lenders’ and investors’ books that are currently illiquid — they can’t be sold, or are extremely difficult to sell — because no one is sure what they’re really worth.
Consider this hypothetical example: Say you own a mortgage-backed bond that has 100 [...]

[Read more →]

The median resale price of a single-family detached home in California for July was $350,760.  That’s a decrease of 40.3 percent from July 2007 and 4.5 percent from the previous month.  But unsold resale inventory represented a 6.7 month supply, compared to 10.7 months for the same period a year ago, and median number of [...]

[Read more →]

Can it be?  Are sales really up? It’s true.  Things may not be back to where they were at the turn of the century, but we have bounced back from the January slump and have pretty much returned to the numbers we saw last summer.  So, while prosperity may not be right around the corner [...]

[Read more →]