IN BUSINESS NEWS… BAY AREA HOME PRICES HAD THEIR BIGGEST DROP IN MAY… IT’S THE LARGEST DECREASE IN HOUSING PRICES IN MORE THAN SEVEN YEARS.
ACCORDING TO THE REAL ESTATE DATA FIRM “CORE-LOGIC” THE REGIONS MEDIAN SALE PRICE IS DOWN TO 907-THOUSAND DOLLARS. IN GENERAL, EXISTING HOME SALES IN THE NINE COUNTY SAN FRANCISCO BAY AREA REGION FELL ABOUT ONE-PERCENT. IN SANTA CLARA AND SAN MATEO COUNTIES TRANSACTIONS FELL ABOUT 10-PERCENT.
