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State foreclosure sales hit record high

More than 1,000 California properties went up for sale in foreclosure auctions each weekday in April, a foreclosure data company said today, staking a grim new milepost for the state's beleaguered housing market.

FHA raises mortgage limits in Santa Clara, other counties By Sue McAllister (San Jose Mercury News)

10 things to know about Silicon Valley's market | Search local home sales Offering a ray of hope for a struggling California housing market, the government Wednesday doubled the limit for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including Santa Clara County.

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