California Real Estate

In the top 10 metro areas for foreclosures, some saw significant increase in foreclosure filings for the month of February, while others saw significant decrease in foreclosure activity for the month, according to a foreclosure tracking report.

Six states accounted for most of the foreclosure activitiy in the country in February. These six states totaled 61% of all foreclosure activity, according to a foreclosure tracking report.

California Governor Arnold Schwarzenegger signed legislation to provide a tax credit to Californians who are buying their first home or purchasing a brand new home.

Recent California Real Estate News

Households need only 16k annual income to afford a median priced entry level home
Households need over 100k annual income to afford a median priced entry level home
This figure is up 3% from the same period last year.