Housing Market Continues Plunge
[Hanley Wood]
Home sales continued their downward spiral in San Mateo County in March, while home prices also plummeted in many local cities, a report revealed Tuesday.
The first of several reports on first-quarter home sales is in, showing the number of new homes sold in the eight-county Sacramento region has fallen to the lowest level since possibly the early 1990s.
Housing starts drop 61 percent
[The Sacramento Business Journal]
Housing starts in February, as measured by building permits issued, dropped 61.3 percent in the Sacramento region compared with the same month last year, according to the California Building Industry Association using data from the Construction Industry Research Board....
[San Jose Mercury News]
Next month, some Silicon Valley property owners will see the assessed value of their homes drop more than at any other time in at least a decade. Real estate news and recent sales
February new-home starts down 60% in East Bay
[Construction Industry News - Construction Industry News Headlines | Bizjournals.com]
New-home construction was down 60 percent in the Oakland-Fremont-Hayward metropolitan statistical area in February compared with a year earlier, according to the California Building Industry Association.Bay Area home prices drop 13.2%
National and local home values dropped at record paces in January, according to a widely-watched industry index. S&P/Case-Shiller reported that the average cost of a Bay Area home fell 13.2 percent year-over-year, the sharpest decline since it began releasing... ...
Bay Area home sales up from January, down year to year
Santa Cruz County median home prices and sales
Santa Clara County median home prices and sales
San Mateo County median home prices and sales
