The number of California homes going into foreclosure jumped last quarter to its highest level in more than 15 years, as the market continued to works its way through declining home values and a pool of at-risk mortgages that were originated in 2005 and 2006, according to DataQuick.
For the seventh month in a row, Bay […]

Take Advantage of Higher Loan Limits! says one major lending institution.
New Law Benefits Homeowners
In response to a stalled economy and the continued housing crisis, the White House and Congress have produced a $168 billion fiscal stimulus plan, which was signed into law by President Bush on February 13, 2008. The plan temporarily increases conforming and […]

Zillow has released their 2007 Q4 maps of median home price change and negativity owner equity.

As you can see, there are still vibrant areas in the East Bay.

The image to the right reflects Countrywide?s ?declining markets? for the western U.S. The brighter the area, the more severe the expected decline in home values.
The East Bay isn?t ?white hot,? but you can see that is experiencing some heat. Notice the Central Valley ? still not as bad as Southern California, Las Vegas and […]