SAN FRANCISCO -- Dozens of clergy members and community activists rallied today outside the headquarters of Wells Fargo Bank in San Francisco in protest of what they say is rampant foreclosure abuse.
Housing advocates and homeowners are skeptical the rules will be able to do something past efforts have not: provide a beleaguered borrower with one individual to help them navigate the mortgage maze
The market for single-family homes revived in most parts of the South and East Bays in January, propelled by first-time and investor buyers snapping up lower-priced homes, according to a report released Thursday. Alameda County had its best January for single-family home sales in six years, the real estate information service DataQuick reported. Santa Clara and San Mateo were not far behind, with the best January in five years. Contra Costa slumped a bit, with sales declining about 4 percent from a year ago.
Seeno Homes district sales manager Carey Hendrickson, 36, of Martinez, was arrested Monday and charged with bank and wire fraud. The FBI affidavit hints of more criminal activity discovered through the raid and delves into the hallmarks of a 'Builder Bailout' scam.
January -- typically a slow month for home sales -- had its highest total sales in the Bay Area in five years, according to real estate information service DataQuick, thanks to foreclosures and other distressed properties.
An audit by San Francisco officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation, according to a report released Wednesday.
Silicon Valley's technology-powered surge of expansion is only in its early stages, and this should be another robust year for leasing activity, according to a report released Wednesday by realty firm Colliers International.
Banks are slowly working through a backlog of foreclosed homes, making it unlikely there will be a wave of new foreclosures this year, a real estate tracking company says. Foreclosure starts and courthouse step auctions are down from last year.
PLEASANTON -- Pleasanton adopted an amended housing element and a climate action plan on Monday, completing the final stages of a settlement with an urban justice group that sued the city over its defunct voter-approved housing cap.