A total of 39,507 new and resale houses and condos were sold statewide last month. That was up 12.2 percent from 35,202 in June and up 12.3 percent from 35,185 for July last year. While below the 47,756 average for the last 21 Julys, last month's sales count was off the record low sales level which the market went into last September... full story

Bay Area home sales climb above last year; median price falls hard

Bay Area home sales eked out their first year-over- year gain since early 2005 last month as buyers responded to price cuts and snapped up more inland foreclosures. The median sales price dove to a 53- month low... full story

Southland home sales post annual gain – prices drop again

The number of Southern California homes sold last month edged up to its highest level in more than a year as bargain hunters swept up foreclosure properties in affordable neighborhoods... full story

Another Increase in California Foreclosure Activity

Lenders started foreclosure proceedings on a record number of California homeowners last quarter, the result of declining home values and the rampant spoilage of a batch of especially risky home loans made in late 2005 and 2006... full story

Another Jump in California Foreclosure Activity

The number of California homes going into foreclosure jumped last quarter to its highest level in more than 15 years, as the market continued to works its way through declining home values and a pool of at-risk mortgages that were originated in 2005 and 2006.... full story