Jan

18

Albany Market Snapshot

Posted In: Albany, First Time Home Buyers, For Buyers, For Sellers, Local Market Statistics

Albany Market Snap Shot The Albany market is getting hotter now that the New Year is underway.  Based on current levels of supply and demand I don’t see the trend in price increasing much, if at all.  I can’t believe that last month the Average Sales Price for Albany was in the mid-$350k range.  But with a large amount of [...]

Jun

07

Real Estate’s Double Dip and the Catfish Recovery

Posted In: Economy, For Buyers, For Sellers, Foreclosures & Short Sales, Local Market Statistics

DQ News reported a few days ago about the current status of the double dip, and uses a little humor while doing so. http://www.dsnews.com/articles/double-dip-altos-says-prices-have-been-steadily-rising-since-then-2011-06-02 What I find completely hilarious (and true!) is that the article deems the ebb and flow of home prices as the “Catfish Recovery.” You laugh, but think about it.  As the article references, a catfish is [...]

May

02

Housing Snapshot for Alameda & Contra Costa Counties

Posted In: Alameda County, Contra Costa County, Local Market Statistics

Here are the recent housing figures for Alameda and Contra Costa Counties.  The table represents aggregated values based on MLS data for the specified date.

Apr

12

Glen’s Numbers: East Bay Market Statistics for March 2011

Posted In: Alameda County, Contra Costa County, For Buyers, For Sellers, Local Market Statistics

Glen Bell from My East Bay Agent had some interesting things to say about the East Bay Market this month. It seems that inventory and pending sales crept up slightly since last February: pendings were up 3.1% and supply remained steady at 3.3 months (months supply at this time last year was 2.5 months). The pending/active ratio also had a [...]

May

27

April 2010 Price and Sales Report for California

Posted In: Local Market Statistics

Quick Facts: • Existing, single-family home sales decreased 8.1 percent in April to a seasonally adjusted rate of 483,830 units on an annualized basis compared with April 2009. • The statewide median price of an existing single-family home increased 21 percent in April to $306,230, compared with April 2009. Click here for a link to the April report for median [...]

Jan

12

Market Statistics in Albany, CA : November and December 2007 vs. 2009

Posted In: Albany, General Real Estate News, Local Market Statistics

Here are the Albany market statistics comparing November and December 2007 vs. 2009 Oh wow, check out the average DOM (days on market) for Dec 09- 227 days!  If you would like more information for Albany, CA, or other areas, then shoot me an email.  

Jan

06

Grubb & Ellis Pick Top 10 Real Estate Markets for 2010, Oakland / East Bay Ranks #5

Posted In: General Real Estate News, Investing, Local Market Statistics

Grubb & Ellis have picked their top 10 Real Estate Markets for 2010.  Oakland and the East Bay rank #5, San Francisco chimes in at #10. U.S. MULTI HOUSING MARKET STRENGTH FORECAST Top 10 Markets 2010-2014United States Overall Score* Rank 1.     Los Angeles 64.8 2.     Washington, D.C. 60.5 3.     Orange County, Calif. 60.1 4.     San Diego 58.3 5.     Oakland/East Bay, Calif. [...]

Nov

06

Albany, CA Real Estate Market Conditions, End of October 2009

Posted In: Albany, Local Market Statistics

Nov

02

Home Prices in Southwest Berkeley Rise

Posted In: Berkeley, For Buyers, For Sellers, General Real Estate News, Local Market Statistics

Well, Berkeley is pulling it off once again.  While the rest of the nation continues to see prices decline, and see houses not sell, our little mecca is holding its own. This article, posted today in the Daily Californian, explains this further.  Several of my colleagues are quoted- kuddos to them for their part in this article.  Daily Californian By Melody [...]

Oct

28

Oaklands Zip 94608 one of the hottest

Posted In: Emeryville, General Real Estate News, Local Market Statistics, Oakland

Some ZIPs drawing more bidding wars Carolyn Said, Chronicle Staff Writer Saturday, October 24, 2009 The Bay Area locales where homes sell the most above asking price tend to be relatively affordable, according to a report from ZipRealty released Friday. That underscores the sway that investors and first-time home buyers hold in today’s real estate market, where bargain homes bring [...]