East Bay Area Real Estate

More Bay Area households can afford starter homes this year than last., The San Francisco Chronicle reports. In a bleak real estate market, some Bay Area residents are finding a bright spot. People who thought they could never afford a home here are buying foreclosed houses at huge discounts, sometimes more than half off the stratospheric heights they reached just a couple of years ago.

Pockets of affordability are scattered around the Bay Area, in the same checkerboard pattern as foreclosures.

Read the full article: Silver Lining in Foreclosure Cloud