East Bay Area Real Estate

East Bay Area Real Estate News Around The Web
San Francisco’s SocketSite.com starts a conversation on The Bay Area “Jumbo Conforming” Foreclosure Bailout Amendment
Local  Berkeley Hills Office discusses the Homeowner Affordability and Stability Plan key components
To learn more about the Homeowner Affordability and Stability Plan visit www.FinancialStability.gov for a summary, fact sheet and question & answers
An [...]

[Read more →]

Preparing for 2009: The new world of financing: I recently attended a discussion on Financing presented by an appraiser, a mortgage broker for primarily conventional financing and one for FHA financing.
The changes for appraisers has already begun but come January (unless it is postponed) they will be guided by legislation instilling the arms-length relationship between [...]

[Read more →]

An article on sfgate.com has some interesting discussion around the topic of how homeowners feel like they are “drowning” from the declining home values.
“The people most affected are those who bought recently with little or no money down. When home values decline, many such homeowners end up “underwater” – owing more than their house is [...]

[Read more →]

MLS Market conditions for EBRD via IDX provider
there are 16,003 listings currently active on this MLS Board
- This is LOWER than it was last month
The average price of a SFR listing on this MLS Boards is $587,219
the most popular listing on this MLS this month is:
2433 Bonar St., Berkeley 94702

[Read more →]