Posted by Jill in August 14th, 2008 |
no comment I have been keeping track of bank owned homes in Walnut Creek, Clayton, Concord, Pleasant Hill, Lafayette, Orinda, Moraga, Martinez, Pittsburg, Bay Point, Brentwood and Antioch as they hit the MLS. My last post was on 8/6/08 and I reported 132 new listings for a one week period. Now for an 8 day period, there are 150 new listings with:
- 63 Bank owned properties in Antioch
- 7 Bank owned properties in Bay Point
- 16 Bank owned properties in Brentwood
- 13 Bank owned properties in Concord
- 2 Bank owned properties in Lafayette
- 6 Bank owned properties in Martinez
- 2 Bank owned properties in Orinda
- 39 Bank owned properties in Pittsburg
- 1 Bank owned property in Pleasant Hill
- 1 Bank owned property in Walnut Creek
If you would like to down-load the list of these Contra Costa REOs, click here.
Posted by Jill in August 6th, 2008 |
no comment There are 132 new bank owned properties in Contra Costa County listed on the MLS since 7/28/2008 in Antioch, Brentwood, Oakley, Martinez, Concord, Pittsburg, Bay Point, Lafayette, Orinda, Pacheco and Walnut Creek. Check out the new list.
- 53 REO homes in Antioch
- 6 REO homes in Bay Point
- 18 REO homes in Brentwood
- 15 REO homes in Concord
- 1 REO home in Lafayette
- 6 REO homes in Martinez
- 1 REO home in Oakley
- 1 REO home in Orinda
- 1 REO home in Pacheco
- 26 REO homes in Pittsburg
- 2 REO homes in Walnut Creek
- 2 REO homes in Pleasant Hill
Posted by Jill in July 31st, 2008 |
no comment June 2008 Bay Area Home Sale Activity reported in the San Francisco Chronicle show that sales are up in cities that have been hit hard by foreclosures. The chart below shows comparison of number of the sales to last years sales for the month of June and is reporting resale single family residences and condos as well as new homes. To view the complete chart with additional details click here.
| Contra Costa County |
Sales
|
Sales % Change
|
| Alamo |
94507 |
14
|
-39.10%
|
| Antioch |
94509 |
96
|
74.50%
|
| Antioch |
94531 |
125
|
145.10%
|
| Brentwood |
94513 |
120
|
62.20%
|
| Byron |
94514 |
1
|
-97.10%
|
| Clayton |
94517 |
25
|
-16.70%
|
| Concord |
94518 |
28
|
47.40%
|
| Concord |
94519 |
27
|
42.10%
|
| Concord |
94520 |
38
|
81.00%
|
| Concord |
94521 |
51
|
10.90%
|
| Danville |
94506 |
43
|
-20.40%
|
| Danville |
94526 |
26
|
-51.90%
|
| El Cerrito |
94530 |
18
|
-47.10%
|
| El Sobrante |
94803 |
19
|
72.70%
|
| Hercules |
94547 |
35
|
20.70%
|
| Lafayette |
94549 |
32
|
-33.30%
|
| Martinez |
94553 |
40
|
0.00%
|
| Moraga |
94556 |
22
|
-8.30%
|
| Oakley |
94561 |
102
|
85.50%
|
| Orinda |
94563 |
22
|
-31.30%
|
| Pinole |
94564 |
18
|
-18.20%
|
| Pittsburg |
94565 |
134
|
139.30%
|
| Pleasant Hill |
94523 |
33
|
-29.80%
|
| Richmond |
94801 |
29
|
45.00%
|
| Richmond |
94804 |
30
|
-33.30%
|
| Richmond |
94805 |
10
|
-44.40%
|
| Rodeo |
94572 |
9
|
80.00%
|
| San Pablo |
94806 |
59
|
22.90%
|
| San Ramon |
94582 |
81
|
-36.70%
|
| San Ramon |
94583 |
33
|
-47.60%
|
| Walnut Creek |
94595 |
29
|
7.40%
|
| Walnut Creek |
94596 |
19
|
-9.50%
|
| Walnut Creek |
94597 |
28
|
-22.20%
|
| Walnut Creek |
94598 |
24
|
-41.50%
|
Posted by Jill in July 29th, 2008 |
no comment Published in
Home PurchaseYour kids (or family members) need a little help with the down payment to get them into the world of home-ownership. You have a lot of equity just sitting in your house “Lazy Money” and need a place to invest it that will offer security and good potential gains. The stock market is not appealing to you. What do you do?…… Try an equity share!
This a win-win situation that is very satisfying to everyone. Your kids are responsible and need a break to get started. They’ve been throwing money away on rent for years. By becoming a home owner they get stability, tax benefits, and, quite often, lower payments than they were paying in rent.
INVEST In Your Kids……How Equity-Shares Work read more…..
Posted by Jill in July 29th, 2008 |
no comment 
Know before you Go! Buy or Refinance.
1. Pay all bills on time each month. 30-day late payment can affect your credit score up to 107 points.
2. Do not quit your Job while in a Real Estate transaction.
3. Do not open or close any accounts, Do not purchase an Automobile (while in a real estate transaction and or credit repair) . read more…..
Posted by Jill in July 29th, 2008 |
no comment The following chart shows the current real estate market data available today from the Contra Costa MLS. Click on a link to view the current listings of REOs (real estate owned or bank owned properties) in Concord, Clayton, Martinez, Walnut Creek, Pleasant Hill, Lamorinda area, Brentwood, Bay Point, Antioch and Pittsburg.
Posted by Jill in July 29th, 2008 |
no comment 
This new bill feels very similar in theory to the same one passed this year in the stimulus package that “raised” the conforming loan limit to $729,00 in many “high cost areas” like those found in California. The theory is good, but not many homeowners found it practical to take advantage of because of the 75% loan-to-value maximum. Not many jumbo borrowers have that much equity in their homes these days, so it hasn’t been that practical.
This new bill smells very similar.
The theory sounds good enough to let homeowners refinance under the FHA rules, but read more…..
Posted by Jill in July 29th, 2008 |
no comment Contributed by:
Brian Schaefer
Sr. Mortgage Consultant
RPM Mortgage – Walnut Creek, CA
The House recently passed a $300 billion housing rescue bill designed to help troubled homeowners avoid foreclosure. The goal is to provide at-risk borrowers the ability to refinance their current unaffordable mortgage into a new low-cost fixed-rate loan insured by the Federal Housing Administration (FHA).
Here’s what homeowners need to know:
Who’s eligible?
1. Qualified borrowers must live in their homes and have loans that were issued between January 2005 and June 2007. read more…..
