North Bay Business Journal

New California legislation known as the “homeowner bill of rights” helped the rate of new foreclosures to plunge in the North Bay and beyond in January, while home prices and sales in general continued a steady upward climb, according to reports released today by Irvine-based foreclosure tracker RealtyTrac and San Diego-based real estate data service DataQuick.

NORTH BAY — The North Bay housing market continues to show improvements, including rising home prices and a decrease in the number of new foreclosures, according to reports released today by market tracking firms RealtyTrac in Irvine and San Diego-based DataQuick.

NORTH BAY — Foreclosure rates are falling across the North Bay, California and the United States, according to a report today from Irvine-based real estate data tracking and listing firm RealtyTrac.

The number of North Bay homeowners entering default fell markedly in the third quarter of the year, part of a statewide trend that has brought defaults to their lowest level in more than three years, according to a new report by San Diego-based real estate data tracking firm DataQuick.

NORTH BAY — The median price paid for a home in the North Bay continued to rise in September, with prices in the Bay Area climbing to the highest level in more than four years, according to San Diego-based real estate data tracker DataQuick.

SONOMA — Small-scale custom vintner Crushpad has new owners, who are busy trying to find a place to crush grapes for a few hundred hobbyist and commercial winemakers as harvest approaches.

NORTH BAY — A duo of bills passed by California lawmakers this month could assist distressed North Bay residential properties in finding resolution – either refinancing, sale or foreclosure – more smoothly, a development that stands to impact an important hurdle in the overall recovery of the region’s housing market.

Following a falling trend in California, new foreclosure filings over the past six months continued to decrease on average across the six North Bay counties in June, according to foreclosure tracking firm RealtyTrac.

Median prices for homes sold rose across Sonoma, Marin and Napa counties in June, while Bay Area averages reached the highest level in nearly four years, according to a report today from San Diego-based housing data tracker DataQuick.

NORTH BAY – Home sales and median prices increased while new foreclosures decreased across the Bay Area in the month of April, with more varied trends in the North Bay counties, according to a duo of reports released today by foreclosure and real estate tracking firms RealtyTrac and DataQuick.

The proportions of homes in foreclosure in the North Bay last month was below the state average in four of the six counties, and the number of properties at risk of going back to lenders fell in all but Lake County over the past six months, according to data released today from foreclosure data compiler RealtyTrac.

NORTH BAY — The proportions of homes in foreclosure in the North Bay last month matched or were below the state average in four of the six counties, and the number of properties at risk of going back to lenders fell throughout the region in recent months, according to a report released today from foreclosure data compiler RealtyTrac.

NORTH BAY — The proportion of homes in foreclosure in the North Bay last month was below the state average in four of the six counties, with the number of properties at risk of going back to lenders falling throughout the region in recent months, according to a report released today from foreclosure data compiler RealtyTrac.

There was a dramatic drop in the number of North Bay homes in the first quarter of this year sold while facing foreclosure or after having been taken back by lenders compared with a year before, and there was some improvement in the proportion of distressed-loan homes selling compared with the rest of the market, according to figures released this morning by a real estate tracking service.

The nearly 182,000-square-foot Marin Gateway shopping center in Marin City might have a new owner soon, but there are mixed signals on who that will be.

Also: Lowe’s plans two stores; Costco shifts Ukiah site

SANTA ROSA and PETALUMA – Ten office buildings in Petaluma and five in Santa Rosa totaling nearly 400,000 square feet were given back to lenders recently as part of The Blackstone Group’s effort to keep afloat a nearly $5 billion securitized commercial property loan connected to the record-setting acquisition of Equity Office in 2007.

Jannicelli leaves Moss Adams to join Burr Pilger

NORTH BAY – With the rise of foreclosures and short sales, homeowners, commercial property owners and real estate investors should be looking out for some potentially costly pitfalls.

An unfortunate event in this economic crisis is the increase in short sales and foreclosures of homes.