Alameda County Statistics 3/08 to 3/09…
June 6, 2009 by admin · Leave a Comment
Want to know what’s going on in Alameda County? It’s on FIRE!! Multiple offers are common place. Cash buyers are everywhere and FHA buyers are having a hard time. It’s as if we are back in 2005/2006. If you are looking at property under $400K you better run to that property and put in a bid.
Offers without contingencies are back. Offering 30, 40, 50K over asking is not unusual. Appraisals are a pain in the ass. Not the appraiser but the system itself. Getting an appraiser that is familiar with a local area is a crap shoot, a roll of the dice. Today you need to move fast, be creative and have an agressive offer price with sweet terms. Read more
Marin County Housing Stats…
May 22, 2009 by admin · Leave a Comment
Marin is an interesting market. There is 8 1/2 months worth of of inventory on the market right now. A slight decline over the last two months but still a significant amount of inventory for buyers to choose from. The average days on market is 95 which has been consistent since February 2008. The median price for a home in Marin County fell between $675K and $780K for the last 5 months. Read more
Bay Area home sales continue climb…
May 20, 2009 by admin · Leave a Comment
Bay Area home sales continue climb!
The number of homes sold in the Bay Area rose for the seventh month in a row according to DataQuick. A total of 6,325 new and resale houses and condos closed escrow in the nine-county Bay Area last month. That was up 25.7 percent from 5,032 in February and up 29.1 percent from 4,898 in March 2008. Read more
