Archive for January, 2010

A "sold" sign is shown outside a home in Long Beach, Calif., recently. Sales prices have risen from year-ago levels in hard-hit California, especially in coastal areas. Although evidence is mixed and tentative, some analysts see evidence that hard-hit housing markets in California, Arizona and elsewhere are showing signs of healing.




CaliforniaArizonaUnited StatesBusiness and EconomyHousing

In a gated community, this 3,600-square-foot new construction is loaded with luxury amenities.

In ways large and small, the 2010 International Builders Show held last week in Las Vegas reflected the still-troubled home-building industry. One entire exhibition hall was vacant, most exhibitors rented smaller spaces than usual, and the dancing models in the upscale showers — standard fare for…


Fannie Mae, the largest U.S. mortgage-finance company, is offering buyers of its foreclosed homes as much as 3.5 percent in closing-cost assistance to help clear an inventory of properties acquired during the housing slump.


Then: $2,850,000
Now: $2,695,000
You Save: $155,000, or 5.4 percent!

This Cow Hollow house hit the market in November, and has just received a modest stimulus of a price chop. The 4-bed, 3.5-bath home is just a very weak stone’s throw from the Presidio, and boasts a recreation room with separate entrance.
· 2830 Filbert St [Redfin]

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