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Alameda’s Webster House for sale…again

The Chronicle has this feature about an East End property called “Webster House.” You can read Alameda real estate blogger Knifecatcher‘s documentation of the history of that sale here.

In other housing news, it sounds like most Bay Area homeowners won’t qualify for the new federal mortgage relief plan, based on the size of their mortgages (too big) and the percentage by which they’re ‘under water,’ or owing more than their home’s value. Use this Zillow-based search engine to check out the percentage of homes underwater. You can search by city, county or zip code.

epearlman