I was very sorry to hear that the Disaster Striked San Francisco Bay: 58,000 Gallon Oil Spill Rocks Our Environment As Ship Collides With Bay Bridge . I live in the South San Francisco Bay area myself so this disascter hits very close to home.

California Association of Realtors Calls on it’s members to support wildfire victims.

Fannie Mae profit down by more than half in first 9 months of year and MORTGAGE RATES NEAR SIX-MONTH LOW. Another player in the Mortgage problems is blamed as Appraisers take heat for role in housing crisis . Emerging Markets Still Look Strong, U.S. Housing Weak

In the fun news Hot property: Matthew McConaughey on the move  and there were very interesting homre reported in Top five transactions  San Jose Mercury News. Thie weeks Fantasy Home is a Chateau, vineyard in the countryside.

My favorite Inman Blog post today is “Who’s spinning whom?“.  “The real estate market, then and now” has some funny insights and hindsights.

In the Silicon Valley’s Real Estate market that last mouth’s market condition seems like a decade ago the Natinal Association of Realtor reports in their regular segment:  This month in real estate history: “Come On In, Fellows, The Water’s Fine”. This article has very interesting facts about how the organized real estate started in US.

Seeking Alpha tracks all the housing bubble news in: Housing Bubble and Real Estate Market Tracker American Public Media’s Marketplace has an article on Bernanke states: It’ll get worse, then better. This seems to hold true for a large part of Santa Clara County as well.  Still the neighborhoods with good schools and close to dontown areas are still very hot.My real favorite post of Seeking alpha is “Sorry Folks, the Housing ATM is Closed” where they refer the cashing out of equity by millions of home owners as a “Housing ATM”. I find it a very funny term.

Last but not least there is an interesting article that shows you how to save on winter heating bills.

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Popularity: 33% [?]

10370 Calvert Driver, Cupertino, California is another one of the homes that are very suited for a tear down and rebuild. This is a common practice in Rancho Rinconada and in Cupertino Real Estate market in general. The house to the right of this home is rebuilt and across the street fromt his home the is a new property going on on a large piece of real estate.

Popularity: 58% [?]