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Short sales: The answer to America's housing crisis? - The Week Magazine


Newsday

Short sales: The answer to America's housing crisis?
The Week Magazine
In a short sale the owner sells the house for less than what is owed to the bank, while banks benefit by avoiding the costly process of foreclosure. Photo: Lance Iversen/San Francisco Chronicle/Corbis SEE ALL 27 PHOTOS Banks are stepping up their ...
Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: MortgagesBloomberg
Bank of America, Wells and Chase pay homeowners to avoid foreclosuresSan Francisco Business Times (blog)

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San Francisco Area Home Sales Rise as Share of Distressed Deals Increases - Bloomberg


Los Angeles Times

San Francisco Area Home Sales Rise as Share of Distressed Deals Increases
Bloomberg
San Francisco Bay Area home sales increased last month, driven by demand for distressed and foreclosed properties, DataQuick said. A total of 7494 new and resale houses and condominiums sold in the nine-county region last month, an increase of almost ...
Southern Calif. Dec home sales, prices down from yr agoReuters
San Francisco Bay area home sales rise last monthU-T San Diego
Bay Area home sales rise as investors plunge inSan Francisco Chronicle
San Jose Mercury News -CBS News
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San Francisco Luxury Home Sales, Prices Up Slightly, Coldwell Banker ... - PR.com (press release)


San Francisco Luxury Home Sales, Prices Up Slightly, Coldwell Banker ...
PR.com (press release)
San Francisco, CA, February 02, 2012 --(PR.com)-- Luxury home sales in San Francisco and the median sale price were up slightly in the fourth quarter as 2011 drew to a close, according to a new market report by Coldwell Banker Residential Brokerage, ...

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The Federal Reserve Bank of San Francisco - Federal Reserve Bank of San Francisco


The Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco
Foreclosures surged, and home sales plummeted. It turned into a free fall of catastrophic dimensions. Problems first surfaced in subprime mortgages, but they soon spread far beyond. At one point, nearly 10 percent of all mortgages were in serious ...

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Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages - BusinessWeek


Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages
BusinessWeek
Wells Fargo, now the biggest home lender with 30 percent of the market, added $794 million to its repurchase reserve for the six months. The San Francisco-based company said Jan. 17 it would pay $100 million to meet with the requirements of so- called ...

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California tax initiatives test power of populism - Chicago Tribune


California tax initiatives test power of populism
Chicago Tribune
SAN FRANCISCO (Reuters) - California voters this fall may have the chance to answer a question of deep interest to politicians around the United States: will populist appeals to "tax the rich" resonate more than pragmatic arguments for budget-balancing ...

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In Data Deluge, Multitaskers Go to Multiscreens - New York Times


New York Times

In Data Deluge, Multitaskers Go to Multiscreens
New York Times
“You go back to one, and you feel slow,” said Jackie Cohen, 42, who uses three 17-inch monitors in her home office in San Francisco, where she edits a blog about Facebook. Her center screen shows what she is writing or editing, along with e-mail and ...

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San Francisco realtor likes the idea of Tiny Homes Special - DigitalJournal.com


San Francisco realtor likes the idea of Tiny Homes Special
DigitalJournal.com
San Francisco - When inner-Sunset District resident John Barry of San Francisco wanted to convert the old shed in his backyard into some living space, he contacted Tumbleweed Tiny Homes Company to draw up the plans. Yet he found the permit process with ...


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U.S. Home Sales Rise 5% to 4.61 Million Pace in December - Bloomberg


Bloomberg

U.S. Home Sales Rise 5% to 4.61 Million Pace in December
Bloomberg
Play Video Play Video Enlarge image US Home sales US Home sales David Paul Morris/Bloomberg Bella Casa Home Staging workers Manuel Sanchez, front, and Noah Perez remove a couch from a condo for sale in San Francisco on Jan. 3, 2012.

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Steven Leiber, artists' ephemera collector, dies - San Francisco Chronicle


Steven Leiber, artists' ephemera collector, dies
San Francisco Chronicle
Steven Leiber, a noted San Francisco collector and dealer of contemporary artists' ephemera, died at home of cancer on Jan. 29. He was 54. Mr. Leiber took a studious interest in conceptual art and Fluxus, art tendencies rooted in the 1960s, ...

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