Mortgage and Market Review for July 30th 2011 Economic News: What a week! We are all hearing pretty much non-stop about government spending, taxation & the debt ceiling. There was a lot of other news this week that has had an impact on the market. Consumer Confidence, while weak in the near term, revealed an optimistic outlook for the next six months. New Home Sales continue to struggle but showed pricing strength which was a nice follow through on last week’s existing home sales figures. Pending Home … [Read more...]
Mortgage & Market Roundup for 7.22.11
East Bay Mortgage & Market Review for July 22nd 2011 Economic News: The economic news for this week was primarily focused on the housing sector. The Housing Market Index, as reported by the National Association of Home Builders, rebounded from May’s poor report. The index increased from 13 to 15 and the “future sales” segment rose by 7 points. June’s Housing Starts showed a nice increase. While this was primarily led by the multi-family sector single family starts rose by 9.4%. The numbers released for … [Read more...]
Foreclosure Activity in Walnut Creek for June 2011
The following numbers represent the current Foreclosure Sales inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Walnut Creek for the month of June 2011. There are 22 homes currently active/pending with a high price of $950,000 and a low price of $359,900. 40 attached homes are active/pending with high price of $585,000 and a low price of $81,750. Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may … [Read more...]
Foreclosure Activity in San Ramon for June 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in San Ramon, CA 94582 & 94583 for the month of June 2011. Currently there are 27 single family homes active/pending with a high price of $929,000 and a low price of $390,000. 31 attached homes are also active/pending with a high price of $524,900 and a low price of $99,900. Keep in mind that the Sold Price Data versus the List Price Data does not … [Read more...]
Foreclosure Activity in Danville for June 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Danville for the month of June 2011. There are 9 single family homes currently active/pending with a high price of $1,657,500 and a low price of $456,000. There are 8 attached homes currently active/pending with a high price of $474,900 and a low price of $172,900. Keep in mind that the Sold Price Data versus the List Price Data does not reflect any … [Read more...]
Foreclosure Activity in Blackhawk for June 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Blackhawk the month of June 2011. There are three current active/pending sales a high price of $840,000 and a low price of $509,000. Overall not much to report on the bank owned market this month. Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. Call me for more detailed … [Read more...]
Foreclosure Activity in Alamo for June 2011
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo for the month of June 2011. In the Active/Pending segment of bank owned homes the high price is $2,099,900 and $599,900 is the low price. Keep in mind that the Sold Price Data versus the List Price Data does not reflect any price reductions which may have occurred. For more detailed information of the current Foreclosure/REO market in Alamo … [Read more...]
East Bay Mortgage & Market Roundup for 7.17.2011
East Bay Mortgage & Market Update Economic News: The good news for this week is that lower energy costs have eased inflation worries. This was apparent in the results of both the Producer Price Index as well as the Consumer Price Index. Retail Sales either matched or beat expectations and Jobless Claims improved over last week but remain above the 400,000 threshold. Lastly, the consumer is not too happy as Consumer Sentiment fell to 63.8 from an expected 71. This represents a two year low. Keep a sharp eye out … [Read more...]
The time is here for the Woodranch Garage Sale! Print the Flyer!
Click Here for Information for the 2012 Wood Ranch Garage Sal Scheduled for Saturday July 21st 60 Homes are participating in the event. 2011 marks the 23rd year that the community will be holding the sale. This Saturday the 16th of July from 8AM to 1 PM...Come out, enjoy yourself & shop, shop, shop. Flyers will be distributed at the entrance of the neighborhood. Directions: From 680 take Sycamore Valley Rd Exit Go East on Sycamore Valley Road Continue on Camino Tassajara Right onto Wood Ranch Drive Flyers will … [Read more...]
San Ramon Real Estate Market Mid Year Review 2011 Versus 2010
The following numbers represent the Real Estate Market Review of homes sold for the first six months of 2011 versus the same period of 2010 for San Ramon. Keep in mind that real estate markets are local in nature and there will be micro markets in every town. The activity in the San Ramon market has experienced small dip in unit sales in the single family home space while pricing has remained consistent. The opposite is true in the market for attached homes where unit sales have increased, at the lower end, … [Read more...]
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