Ripple effects of larger real estate markets

The median home price in San Francisco Bay Area in February dropped below $300,000 for the first time in almost a decade. The median price fell to $295,000, down a record 46 percent from $548,000 a year earlier and reaching the lowest level since 1999, A total of 5,032 new and existing houses and condominiums sold last month in the nine-county region, up 26 percent from a year earlier.