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San Francisco-California housing markets continue to improve overall, although recent data show an increase in residential mortgage foreclosures early this year. Northern California continues to fare better than Southern California. Since 1990, homeowners have incurred equity losses of about 20% in Southern California, compared to a 10% value decline in Northern California, according to TRW REDI Property Data.
Nima Nattagh, an analyst for TRW REDI, told attendees at the Western Secondary Market conference that evidence shows property values "stabilizing" in most of California,...