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Silicon Valley home prices slide to 2005 level

Paul Sakuma

It's a real estate milepost that would have sounded unbelievable just a year ago: One-fifth of the houses for sale in Santa Clara County today are now priced at less than $450,000.

Chart | Search transactions, foreclosures


	Freddie Mac takes step toward issuing new stock NEW YORK - Mortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet today when it completed a filing with the Securities and Exchange Commission. California expands Countrywide suit, alleges staff was rewarded for risky loans LOS ANGELES - State officials expanded a previously filed lawsuit against Countrywide Financial, adding allegations today that the mortgage lender rewarded staff for selling risky loans. Rates sink on all types of mortgages WASHINGTON - Mortgage rates fell this week with 30-year mortgage rates dropping to the lowest level in six weeks as investors became less worried that the Federal Reserve would soon tighten credit policy to stall inflation. Single-family home construction fell 5.3 percent in June Some banks won't accept or are placing holds on IndyMac checks Essay contests with houses as prizes fail to attract enough interest

Local home sale prices
	See what homes have been selling for in your neighborhood and throughout the Bay Area.

Square Feet
	Get the latest insights and commentary in our real estate blog.

Transactions


	Who sold what, published July 19 Who sold what, published July 12

Saturday Real Estate
	MORE SATURDAY REAL ESTATE HEADLINES Neighborhoods -- Santa Cruz First impressions It s smart to let buyer s inspector check foundation of as-is property Dream home -- Charming country estate in Woodside Neighborhoods -- Willow Glen Q & A: Hoping to pop the balloon (payment) and break free

Sunday Homes
	MORE SUNDAY HOMES HEADLINES Still time to register for next weekend s auction of Morgan Hill homes What are people saying about The 88? Waiting for the perfect time to buy? Shea Homes has your safety net Satisfied buyers tell the story at Rancho Hills Parkwood in San Jose entices with a variety of options

From the Contra Costa Times


	Bay Area home prices continue to drop Foreclosure relief not reaching everyone Consider buying a rental; a diamond in the rough awaits you Prime time for evictions

	Tartini Yogurt shop in Cupertino lives up to its name When patrons sample the flavors at the new Tartini Frozen Yogurt Bar, they quickly understand how the shop got its name. Neighbors oppose expansion of El Paseo de Saratoga Sunnyvale to look at future development near the Lawrence Caltrain station Green Thumb Nursery gets a 'thumbs up' for new retail

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Real Estate: Silicon Valley home prices slide to 2005 level