Hot Market or Hot Property?

So, I read a facebook posting the other day from a local realtor. Something to the effect of “The market is HOT! Just sold my Discovery Bay listing with multiple offers!” Statements like this are very common in real estate, and can be misleading. We are in a classic “dalmatian” market. It is hot in spots, and [...]

Brentwood Real Estate Market Update, August 2010

The number of homes for sale in Brentwood continues to rise, and buyer activity is keeping pace, but the number of closed transactions fell to nearly its lowest level in the past two years in July. There were a mere 71 closed sales of single family homes in Bretnwood in July, down from 103 in June, and representing the [...]

Discovery Bay Foreclosure List, August 2010

Distressed sales and Foreclosures continue to make up the bulk of the Real Estate market in Discovery Bay, CA, but the total numbers of these properties are declining. While the economy continues its slow recovery, home prices in Discovery Bay appear stable to slightly soft, but many homeowners with negative equity are still faced with difficult decisionsions [...]

Garin Ranch, Brentwood Real Estate Update, August 2010

The Garin Ranch neighborhood in Brentwood is one of the area’s really under-appreciated locations. Situated in the Southeast corner of town, this quaint neighborhood features a tree-lined parkway, a variety of desirable floor plans, and cul-de-sac streets all within walking distance of 12 years of excellent Brentwood schools, Brentwood’s City Park, and the newly renovated Downtown Brentwood shopping [...]

Deer Ridge, Brentwood Market Update July 2010

Deer Ridge in Brentwood, located at the southwest corner of town and consisting of homes on and around the Deer Ridge Golf Course, continues to be a high-demand area for home buyers and investors looking for great values in East Contra Costa County. There has been an increase lately in the number of homes for [...]

Brentwood Real Estate Market Update June, 2010

The number of homes for sale in Brentwood is on the rise again, as overall activity slows in a market still dominated by short sales and foreclosures. There were 84 closed sales of single family homes in Bretnwood in June, down from 91 in May, and even below the 93 sales in the same month [...]

Shadow Lakes, Brentwood Market Update June 2010

Shadow Lakes in Brentwood continues to be a desirable neighborhood for home buyers, with large homes, golf course views and some of the areas most popular Brentwood schools drawing families to the West side of town. Inventory is still limited in the neighborhood, there are currently 9 homes for sale in Shadow Lakes in Brentwood, [...]

June California Foreclosure Report

ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure and provides daily auction updates, issued its monthly California Foreclosure Report for June 2010. Foreclosure activity was mixed in June after being down across the board in May. Filing of new foreclosure notices rose, while foreclosure sales dropped. The number of foreclosure sales that were [...]

Housing Market Lingo: What the Heck is a Double Dip?

The foreclosure market isn’t going away any time soon. Most estimates suggest that somewhere around 50% of the country’s homeowners are in an upside down mortgage. That percentage is probably higher in communities that were booming in the first half of the decade like Brentwood, Discovery Bay, Antioch, Oakley, Pittsburg and the like.

Discovery Bay Home Sales April 2010

Home sales slowed in Discovery Bay in April, with more listings coming to market and fewer properties selling than the previous month. Foreclosures and short sales continue to dominate the market in Discovery Bay, however values did rise in April, reaching almost the highest average price per-square-foot in the past couple of years. We saw [...]

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