San Jose Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• San Jose bankruptcies lead Bay Area

  20 hrs ago | via Inside Bay Area 

  This month, nearing $1 million in debt, the veteran real estate agent and San Jose father of three filed for Chapter 13 bankruptcy.

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  Related Topix: Real Estate, Santa Clara, CA, San Benito County, CA, Monterey County, CA, Santa Clara County, CA, San Francisco Metro

• California home sales in June up 17.5%, unsold inventory index drops to 7.7 months

  Yesterday | via San Jose Business Journal 

  As sales increased 17.5 percent in June, the unsold inventory index for existing homes in California during the month dropped to 7.7 months from 10.2 months for the same period a year ago, according to a report ...

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  Related Topix: Real Estate, Housing, California, Santa Clara County, CA, Monterey County, CA

• Newsgrams

  Yesterday | via Pacific Sun 

  Golden Gate Bridge officials held two informational public forums and accepted online comments this week discussing the five commissioned design options for a possible suicide barrier.

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  Related Topix: San Francisco, CA, San Francisco Metro, San Francisco Metro, Foreclosures

• Bankruptcies soar in Santa Clara County as homeowners struggle with mortgages, credit cards

  Yesterday | via Santa Cruz Sentinel 

  Like many others caught in the housing crisis, Arthur was on the verge of losing his $600,000 home to foreclosure. 1 comment

  Related Topix: Real Estate, San Benito County, CA, Santa Clara, CA, Monterey County, CA, Santa Clara County, CA

• Bay Area foreclosures skyrocket

  Yesterday | via Pacific Sun 

  Defaults, foreclosures and repossessions in the state's housing market have reached a 20-year high over the past three months.

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  Related Topix: Foreclosures, San Francisco, CA, Alameda County, CA, Santa Clara County, CA, Sonoma County, CA

Regional Headlines

• State home sales up 18%

  4 hrs ago | via LA Daily News 

  Home sales across California jumped nearly 18 percent during June compared with a year earlier as discounted foreclosures lured buyers back into the real-estate market, a trade association said Friday.

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  Related Topix: Los Angeles Metro, Los Angeles Metro, Housing, California, Real Estate, Foreclosures

• Median home prices fall by 6.1% in county

  4 hrs ago | via Pasadena Star-News 

  Los Angeles County's median home price fell 6.1 percent last month to $396,560 and was off a record 32.3 percent from a year earlier, the California Association of Realtors reported Friday.

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  Related Topix: Los Angeles County, CA, Real Estate, California, San Gabriel, CA, Hacienda Heights, CA

• L.A. home sales up 1.7% in June

  16 hrs ago | via Daily Breeze 

  Home sales rose 1.7 percent in the Los Angeles area in June, compared with the same period a year ago, while the median home price fell 32.3 percent to $396,560, according to figures released today.

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  Related Topix: Real Estate, Los Angeles Metro, Los Angeles Metro, Housing, California, Orange County Metro

• East West impacted by housing crisis

  18 hrs ago | via San Gabriel Valley Tribune 

  East West Bancorp, Inc. on Friday reported a $25.9 million loss for the second quarter, the bank's first shortfall since 1981.

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  Related Topix: California, Home, Mortgage, Financial Services, IndyMac Bancorp, Banking, East West Bancorp

• Second quarter foreclosures up 121%

  22 hrs ago | via San Jose Business Journal 

  Foreclosure filings were reported on 739,714 U.S. properties during the second quarter, nearly 14 percent up from the previous quarter and 121 percent higher than the year-ago quarter, according to a report ...

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  Related Topix: Foreclosures, California, Stockton Metro, San Bernardino, CA, Bakersfield Metro, Bakersfield, CA

National Headlines

• Downtown Sacramento Real Estate Market Report

  5 min ago | via Sacramento Real Estate Blog 

  Real estate in Downtown Sacramento continued to command top dollar in May, with sold price per square foot running more than twice as high as the county-wide average, though this year's crop of homes was much ...

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  Related Topix: Sacramento, CA, Sacramento Metro, Foreclosures, Events

• 15-Year Mortgage or a 30-Year Mortgage?

  5 min ago | via About.com 

  The traditional 30-year mortgage has become the standard method of borrowing for most people, but the 15-year mortgage is still a viable solution for many people.

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Housing rescue bill heads to Bush for signature

  5 min ago | via KCBY-TV Coos Bay 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

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  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage

• Gregg, Sununu vote for housing bill

  6 min ago | via The Boston Globe 

  Sens. John Sununu and Judd Gregg were on the winning side Saturday as the Senate approved a plan to help homeowners facing foreclosure and to save mortgage companies Fannie Mae and Freddie Mac .

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  Related Topix: US Politics, US News, 2008 Presidential Election, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• How they voted: Senate roll call on housing bill

  7 min ago | via Times Leader 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

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  Related Topix: Foreclosures, Mortgage, Personal Finance, Home, Mortgage