Bay Area July Home Sales Down Sharply; Median Price Slips From June

La Jolla, CA.----Bay Area home sales dropped sharply last month to the lowest level for a July in 15 years as the economy sputtered along and the housing market adjusted to life without federal home buyer tax credits. The median sale price dipped below the prior month and rose only slightly from a year earlier, a real estate information service reported. … [Read more]

California Mortgage Defaults Hit Three-Year Low; Foreclosures Rise

La Jolla, CA.--The number of California homes pushed into the formal foreclosure process between April and June dropped for the fifth consecutive quarter to the lowest level in three years. The declines were greatest in the most affordable areas, where foreclosure activity continues to fall from extremely high levels over the past two years, a real estate information service reported. A total of 70,051 Notices of Default ("NODs") were filed at county recorder offices during the … [Read more]

Pleasanton, CA Ranks Among America’s Best Small Cities

blog_3 Pleasanton, CA Top 100 rank: 63 Population: 67,000 A family-oriented town an hour from both San Francisco and Monterey, Pleasanton has one of the strongest school districts in California. It also boasts 40 parks peppered with sports fields, picnic areas, 22 miles of scenic trails, and public art displays. Art lovers will soon have even more to enjoy: The Firehouse Arts Center, scheduled to open before the end of 2010, will house a new theatre, several art galleries, and classrooms. Grocery … [Read more]