Brentwood Buyers are Willing, Options are Few
April 20, 2009 by Tom Schieber
Filed under Uncategorized
Brentwood, CA Real Esate - Homes Under Contract March 2009
We can debate whether or not we’ve reached the bottom of the housing market out here in East Contra Costa County, but as far as buyers of Brentwood homes are concerned, now is the time to act!
Maybe it’s historically low interest rates that are driving sales, maybe it’s prices that are less than half of what we saw at the peak of the market. But either way, these numbers don’t lie. 172 buyers pulled the trigger on Brentwood homes for sale last month, 64% more than did so last March and considerably more than in any single month during the past year.
Anecdotal analysis of the market would say the same thing – plenty of willing and able buyers, and not enough homes to go around. It seems that with choices limited to the properties that the banks were able to push through the foreclosure process in spite of California’s moratoriums, buyers looking to take advantage of these seemingly rock-bottom prices and ultra-cheap money aren’t going to wait for the summer buying season – they’re ready to go now!
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