home sales: FHA Mortgages Make Up 25% of the Purchases in January 2011 Bay Area Home Sales Improving - 02/25/11 04:56 AM
Bay Area: Data Quick recently released a report on recent Bay Area home sales indicating that sales have dropped since December, but are still higher in early 2011 than they were during the same period in 2010.
It was also mentioned that it's typical for real estate sales to be slow this time of year, so January and February are not necessarily predictive of upcoming trends.
Here is an overview of report according to Data Quick:
• Overall home sales rose slightly in early 2011 compared with the same time last year, with 4,966 sold in the Bay Area.
• Within … (0 comments)

home sales: Cash Buyers Stimulate Existing Home Sales in Oakland Ca as an FHA Buyer YOU ARE SCREWED! - 02/24/11 09:56 AM
 
Oakland,CA: Bay Area home sales have dropped since December, but sales are still higher in early 2011 than they were during the same period in 2010, a real estate information service said.
 Existing home sales track the number of Single family Homes, Town Homes, Condo’s and Co Ops. Each Month the National Association of Realtors receives data on existing-home sales from local associations/boards and multiple listing services (MLS) nationwide.
 In January 2011 the NAR reported sales increasing from the previous year for three consecutive months. Existing-home sales in the West rose 7.9 percent to an annual level of 1.37 million … (0 comments)