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Silicon Valley median price jumps 11 percent, to $540,000
It's the first time home prices have topped the half-million-dollar mark since this past fall, a sign that buyers are purchasing not just bargain-priced post-foreclosure properties, but more expensive homes as well.
Mercury News Friday, August 21, 2009

Nationwide, July home sales surge more than 7 percent
WASHINGTON — The U.S. housing market is rebounding quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years as first-time buyers rushed to take advantage of a tax credit that expires this fall.
Mercury News Friday, August 21, 2009

Who sold what 8-22-09
WEST SAN JOSE1413 Allegado Alley, $371,500, 07-29-09, 1,860 SF, 2 BR, R. & K. Claire to M. Strockis809 Auzerais Ave.
Mercury News Friday, August 21, 2009

Who sold what, published Aug. 15
ALMADEN1308 Cerro Verde, $780,000, 07-23-09, 2,077 SF, 4 BR, Enterprise Estate to F. Hakimzadeh6579 Cooperage Court, $450,000, 07-23-09, 1,124 SF, 2 BR, K.
Mercury News Friday, August 21, 2009

Who sold what, published Aug. 22
WEST SAN JOSE1413 Allegado Alley, $371,500, 07-29-09, 1,860 SF, 2 BR, R. & K. Claire to M. Strockis809 Auzerais Ave.
Mercury News Friday, August 21, 2009

Last-minute negotiations ease some foreclosures
LOUISVILLE, Ky. — Peter and Gina Fochtman sat stone-faced at the courtroom table. Across from them was the man who could determine their family's future: an attorney for the bank trying to foreclose on their home.
Mercury News Friday, August 21, 2009

Owners given last chance to save home
In an effort to ease the foreclosure crisis, programs give struggling homeowners a final chance to talk with lenders.
Msn Friday, August 21, 2009

Harney: Will tax credit to first-time homebuyers be extended?
WASHINGTON — It's one of the biggest unknowns bugging would-be buyers of houses and condos this summer: Will Congress let the $8,000 nonrepayable tax credit for first-time purchasers expire as scheduled 14 weeks from now?
Mercury News Friday, August 21, 2009

Vacanies in Peninsula stores and office buildings have become a sign of the times
While stores say sales are picking up slightly, a large number of vacant storefronts remain in downtown shopping districts, retail centers and malls throughout the Peninsula and South Bay. Office and industrial have also suffered, with vacancy rates in some local cities, such as Sunnyvale, surpassing 50 percent, according to a recent report.
Mercury News Friday, August 21, 2009

Silicon Valley median house price rises in July to $540,000
It's the first time home prices have topped the half-million-dollar mark since this past fall, a sign that buyers are purchasing not just bargain-priced post-foreclosure properties, but more expensive homes as well.
Mercury News Friday, August 21, 2009


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