Bay Area home sales increased dramatically over the last year due to what experts say is a large increase in cheaper, foreclosed properties. Meanwhile, the median price declined by 40 percent from a year ago. We talk about the new data and what they mean for prospective home buyers and sellers.
Guests:
Andrew LePage, analyst for DataQuick Information Systems
Sue McAllister, real estate writer for the San Jose Mercury News
Maeve Brown, executive director of Housing and Economic Rights Advocates
John Quigley, professor of economics at UC Berkeley
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