By JACOB ADELMAN Home sales in the San Francisco Bay Area plummeted 22.8 percent last month from the previous year to reach their lowest level in 15 years, a tracking firm reported Thursday.San Diego-based MDA DataQuick said the drop from 8,771 homes in July 2009 to 6,773 homes last month came as the market adjusted to the end of federal tax credits for first-time buyers.Last month was the slowest July since 1995, when just under 6,666 homes were sold in the nine-county region, the firm said.

BING NEWS:
  • California home sales dropped 7.8% in March, prices up 6%
    The median price in Los Angeles County declined by 1.5%, however, dropping from $817,100 in February to $805,100 in March. Orange County saw its median home price increase 3.7% from February to $1.4 ...
    04/21/2024 - 8:04 am | View Link
  • Sales of Existing Homes Slump as Prices and Mortgage Rates Rise
    Total existing-home sales dropped 4.3% from February, to a seasonally adjusted annual rate of 4.19 million in March, the National Association of Realtors® reported on Thursday. The March sales figure ...
    04/21/2024 - 5:51 am | View Link
  • California home prices climb higher, but sales stall
    Sales of existing single-family homes in California dipped in March as mortgage rates once again edged higher, according to new data from the California Association of Realtors. After two consecutive ...
    04/19/2024 - 7:16 am | View Link
  • Southern California home sales drop as prices rise
    Home sales dropped in Southern California and across the state last month, while prices continued to increase, according to figures released Wednesday by the California Association of Realtors.
    04/17/2024 - 5:52 am | View Link
  • Salesforce May Acquire Informatica For More Than $11B: Reports
    Salesforce has a market capitalization of about $265 billion. Informatica has a market capitalization of about $10 billion. It went public for a second time in 2021, and private equity firm Permira ...
    04/15/2024 - 9:55 am | View Link
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