San Francisco Bay Area Home Sales Up, Median Price Drops To $300,000
February 19 2009 – Bay Area home sales rose above a year ago for the fifth consecutive month in January. Home buying remained slow in pricier coastal markets but was robust in many inland areas where steep price declines have boosted affordability and, in some cases, driven sales of existing houses to record levels. The role of foreclosures in the housing market continued to grow, representing 54 percent of the Bay Area homes that resold last month, according to MDA DataQuick, a real estate in
Tagged with: Affordability • Driven • Foreclosures • Francisco Bay Area • Home Buying • Houses • Housing Market • Median Price • Price Declines • Real Estate • San Francisco Bay • San Francisco Bay Area • Steep Price
Filed under: Credit
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