Blackhawk Country Club Real Estate Review As Blackhawk Country Club real estate enters the height of the 2017 “selling season” I wanted to look back at how the community performed in 2016. Overall, last year was definitely a “Sellers’ Market”. Inventory of homes for sale remained low, while not as low as this year thusfar, and demand certainly outstripped supply. While the market was not as “heated” as a couple of years ago we did see a rise in the median home price of almost 5% over … [Read more...]
Blackhawk Country Club Real Estate Report
2014 has arrived and it’s time to take a look at how the Blackhawk Country Club real estate market is doing. As with many other cities in the area Blackhawk is currently experiencing an inventory shortage of homes for sale. As of January 8th there are 18 homes in “active” status on the MLS. Of these 18 there are only 5 which have a list price under 1.5MM dollars. That is about as low as I have seen it in a long time. Using the same metric of 1.5MM dollars for homes which are “sale pending” there are only three. The … [Read more...]
Tri-Valley Mortgage and Market Update for 1.3.14
Economic News…Well 2014 has arrived and one thing is certain which is the continued change in the mortgage markets. In early December the Federal Housing Finance Agency announced that it would increase (beginning in March) the “guarantee fees” charged by Fannie Mae and Freddie Mac. This took many in the industry by surprise and the conventional wisdom is that these tiered charges will be passed on to the consumer in the form of higher mortgage rates. A bit of good news regarding this issue came from Mel Watt (the … [Read more...]
Blackhawk Country Club Real Estate Report
Well the first quarter of 2013 is over so it is time to take a look at how the real estate market in Blackhawk Country Club performed versus the same period a year ago. Blackhawk Country Club real estate is very active right now but that does not reveal itself in the number of homes sold (24 last year compared to 25 this year). Inventory levels have been on the decline all over the Bay Area which has prices increasing as well as a reduction in the number of days it takes to get a home into escrow. In 2013 the … [Read more...]
Blackhawk Country Club Summer 2012 Real Estate Report
Summer feels long since past with the weather we have had lately but it was really not that long ago. Fall began a little more than a month ago so I decided to take a look at the Blackhawk Country Club real estate market this summer versus last. Interestingly, home sales were down over 2011 which really does not jive with the rest of the market. While inventory of homes for sale remains a problem in the area I am not going to worry too much since this is just a four month snapshot. The jump in the median home price … [Read more...]
San Ramon Valley Real Estate Inventory Update Spring 2012
The real estate market in the 680 Corridor has been “abuzz” with a lot of chatter regarding inventory, lots of buyers and multiple offers. I decided to take a look at the inventory of homes for sale at the end of April for 2012 versus 2011 in the areas of: Alamo, Blackhawk, Danville, San Ramon and Walnut Creek. After reviewing these statistics the “buzz” certainly seems warranted. I will continue to monitor the inventory levels through the spring / summer and report the findings back here. As always, if you … [Read more...]
Blackhawk Country Club first quarter real estate review
The Blackhawk Country Club real estate market has started off 2012 in a very similar fashion to 2011. Twenty four homes sold in the first three months of this year versus 23 last year. Median home values have remained stable at $1,000,000 and marketing times have declined a bit. One thing I can say is that the attitude and activity seems more robust over last year even though the numbers are very similar. As with many of the surrounding communities inventory remains an issue and homes in excellent conditions,which … [Read more...]
Blackhawk Country Club Real Estate Update for February
We are moving toward the end of the first quarter so let's take a look at how the Blackhawk Real Estate Market performed for the first two months of this year versus 2011. As you can see the number of homes sold has dropped off from last year and pricing has increased slightly. It is tough to make any conclusions at this point in the year as the data sample for Blackhawk Country Club is small but what I am hearing is echoing many of the local markets....inventory is lacking. Stay tuned for the full first quarter … [Read more...]
January Real Estate Update for Blackhawk Country Club
One thing can be said about the real estate market in Blackhawk Country Club right now...there is just not a lot of inventory. I talk with folks on a weekly basis who are interested in moving up but just cannot really find something that strikes their fancy right now. Let's hope that as we move into Spring we will see an uptick in the number and types of homes available for sale. Following are the numbers for January home sales in Blackhawk in 2012 versus the first month of last year. Do you have specific questions … [Read more...]
2011 Blackhawk Year End Real Estate Review
2012 is here and it is time to put 2011 behind us. But before we do here is the Blackhawk Real Estate performance snapshot for 2011. Slightly fewer homes sold in Blackhawk compared with 201o but the good news is that the median price increased a little over 4% on a year over year basis. The time it took to get a home into contract in 2011 was very similar to 2010 at just under three months. The Patio & Town Home market, like many in the area, struggled with declining values. All The Best in 2012! … [Read more...]
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