HUD: NEW RESIDENTIAL SALES IN JANUARY 2010…
March 6, 2010 by admin · Leave a Comment
The median sales price of new houses sold in January 2010 was $203,500; the average sales price was $254,500. The seasonally adjusted estimate of new houses for sale at the end of January was 234,000. This represents a supply of 9.1 months at the current sales rate.
Q 3 Report for Marin, Alameda and Contra Costa 2008 vs 2009
November 3, 2009 by admin · Leave a Comment
Want to know what’s going on in today’s market? Check out the Q3 report for Marin, Alameda and Contra Costa Counties ~ single family homes. Read more
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
Millionaires are made in this market. Didnt we say that already..
May 7, 2009 by admin · Leave a Comment
Today I read another article about the moratoriums being lifted and that the floodgates of foreclosure are about to open up. That there is this ghost REO stable that is ready to be released and everyone is scrambling.
“A total of 135,431 default notices were sent out during the January- to-March period. That was up 80.0 percent from 75,230 for the prior quarter and up 19.0 percent from 113,809 in first quarter 2008, according to MDA DataQuick. Last quarter’s total was an all-time high for any quarter in DataQuick’s statistics, which for defaults go back to 1992. There were 121,673 default notices filed in second quarter.” Read more
Bay Area housing statistics…
May 3, 2009 by admin · Leave a Comment
No matter which way you turn we are inundated with real estate news. However, at Women Building Wealth we understand that real estate is local, its cyclical and savvy invetment minded investors are out there looking for opportunity. Deals and opportunities, inspite of the negative press, are happening each and every day. Read more
2008 statistics of female home buyers…
Want to know what women are doing on the home buying front?
- 14.4% of all home buyers in 2008 were single female
- 3.1% of all home buyers in 2008 were single female with dependents
- 65.9% of these single female and single female with dependents home buyers bought a detached single-family home in 2008 Read more
I see white people…diversity in “good” communities
February 17, 2009 by admin · Leave a Comment
Remember the movie The Sixth Sense with Bruce Willis and the kid in the movie says “I see dead people” well in my quest to find a new place to call home with no crime rate, a lovely environment, great public schools, clean and green community immediately brings to mind that movie only with the saying, “I see white people.”
If I want all of the characteristics and qualities of the list above that means, I’m afraid to say, that I’m going to be giving up diversity.
Housing stats for Marin County 11/07/09 to 1/09/09…
February 16, 2009 by admin · Leave a Comment
Marin county as a whole looks good but there is ALOT of inventory. You can buy property at a 45-50+% discount depending on location. In Novato condo shortsales are rampant with an average sales price of $269K (vs $515K a year ago!) San Rafael comes in at $230K (peaking at $636K in the first quarter of 2007). Mill Valley is of course still doing well holding at $968K.
Marin county as a whole has 11.6 months of inventory!! Holy cow. If you are looking for a place in Marin county but aren’t finding the right one you are not in the game and what are you waiting for? Read more
Housing stats for Contra Costa County 11/07/09 to 1/09/09…
February 15, 2009 by admin · Leave a Comment
The scene in Contra Costa is varied. If you go over to the LaMorinda area you’ll find the average price for a single family home ranges from $693K in Lafayette, $950 in Orinda and $1.5M in Moraga (a 31.8% increase!! The economy and housing market has NOT affected this area!)
Contra Costa has 5.3 months of inventory which is inline with a more equal market (a normal market falls between 3-4 months of inventory). Read more
Housing stats for Mill Valley 11/07/08 to 1/09/09…
February 14, 2009 by admin · Leave a Comment
Mill Valley with its beautiful Mt. Tam surroundings, cute shops, the Depot’s square and vibrant neighborhoods still continues to do well in comparison within Marin County as a whole. As we know interest rates are still at an all time low and you can certainly buy up in Mill Valley. The average home price is 986K vs $1.5M a year and a half ago. If you can afford it its a good time to get in Mill Valley.
