Inside Toyota's epic breakdown
An inside look at the spectacular crisis embroiling one of the world's best-known brands shows a series of unheeded warnings and a stubborn refusal to listen. Full Article | Video
UPDATE 1-San Francisco area home prices perk up in October
SAN FRANCISCO, Nov 19 (Reuters) - San Francisco Bay Area home prices topped year-ago levels for the first time in nearly two years in October as foreclosure sales slowed and high-end deals picked up, research company MDA DataQuick reported on Thursday.
The October median price rose 4 percent from the previous year to $390,000, a 6.8 percent rise from September. The last time the Bay Area showed a year-over-year price rise was November 2007.
Silicon Valley and San Francisco have both struggled in the economic slowdown, which hit California particularly hard thanks to the demise of its overheated real estate market.
"The big picture is that prices in many areas appear to be bouncing along bottom. Whether that bottom is permanent is the subject of endless debate right now," DataQuick President John Walsh said in a statement.
Prices are still far below their peak. The median sale price topped out at $665,000 in June and July of 2007. (Reporting by Peter Henderson; Editing by James Dalgleish)
