Thursday, March 20, 2008

Northern California Land & Housing







Even in Storied Napa Wine Country, Foreclosure Crisis Hits Home
[SFGate.com]

For many residents of this, one of the most storied valleys in the world, life is still a bowl of grapes. But beyond the picturesque vineyards and stonewalled estates, times are shaky, the future unclear.

Northern California’s Housing Market Remains Frozen

3/14/2008 [Housing Wire]

The waiting game between northern California’s Bay Area buyers, sellers and lending institutions continued last month as sales dipped below 4,000 for the second month in a row, a real estate information service reported Thursday.

Home sales, prices continue slide

3/13/2008 [SFGate.com]

http://feeds.sfgate.com/%7Ef/sfgate/rss/feeds/news?i=6xpcGXF

Bay Area homes sales experienced another sluggish month in February and the median price dipped. Both were hammered by the credit crunch and an ongoing game of chicken between buyers and sellers…

Home building permits fall 66 percent
2/28/2008 [Sacramento Business Journal] http://feeds.bizjournals.com/%7Ea/vertical_51?i=WaMfLo
New-home building permits plummeted 66 percent last month in the Sacramento region, compared to January 2007, the latest evidence of a still-struggling housing market.

Centex, Pulte dump land in Rancho

3/9/2008 [Sacramento Business Journal]

http://feeds.bizjournals.com/%7Ea/vertical_51?i=X179Kh

Two of Sacramento's top builders have unloaded 250 acres approved for new homes in Rancho Cordova for 16 cents on the dollar -- the first major land sell-off in the capital area since housing sales collapsed last year.

February 2008 Sacramento region home sales and price trends
San Mateo County median home prices and sales
Sonoma: Sales down 44% - Price down 22%
Santa Clara County median home prices and sales
San Mateo County median home prices and sales