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Foreclosed Homes in Contra Costa County Today

Posted by Jill in November 1st, 2008 | no comment 
Published in Foreclosures, Market Statistics, Home Purchase

There are still a lot of bank-owned single-family homes  in Contra Costa County.  Today there are 14 bank owned properties for sale in Walnut Creek.  Concord has 91 bank owned homes for sale.  Pleasant Hill has 13 foreclosed homes for sale today.   There are 37 foreclosed homes for sale today in Martinez.  And Pittsburg currently has 263 bank owned homes for sale.

If you would like a list of these homes, please email or call Jill Cruey,

jill@crueyhomes.com

.  Be sure to specify the city that you are interested in.

219 Pending Homes in Concord Today

Posted by Jill in October 23rd, 2008 | no comment 
Published in Market Statistics, Home Purchase

Concord homes for saleThe Contra Costa MLS shows a total of 219 single family homes pending today in Concord.

The chart here shows there are currently 361 single family homes for sale in Concord today.  That gives us roughly 2 months worth of inventory.

Navigating Today’s Housing Market

Posted by Jill in October 23rd, 2008 | no comment 
Published in Market Statistics, Appreciation, Home Purchase

Navigating today's housing marketAt the CAR expo in October 2008, 3 economists did a seminar on navigating today’s housing market. Jack Kyser is the Chief Economist on the staff of the Los Angeles County Economic Development Corporation (LAEDC). One of his comments was “the media putting a negative spin on the numbers”. He said that he looks at the employment numbers as a strong indicator. Chris Cagen with First American Real Estate Solutions says that a strong indicator is inventory. John Karevoll, DataQuick Information Systems analyst says that we are experiencing a “normal balancing of the market”.

Contra Costa Real Estate — Big Event

Posted by Jill in October 23rd, 2008 | no comment 
Published in Market Statistics, Tax

Yesterday’s big event for the California Association of Realtors (CAR) was held at the Lesher Civic Center in Walnut Creek.  Gov Hutchinson, Assistant General Counsel, Legal Department spoke about the new changes in the tax law relating to real estate.  One of the changes is in the capital gains tax law pertains to people who plan to sell their primary residence, claim the full home-sale exclusion to pay little or no capital-gains taxes — and then move to a second or thrid home they’ve owned for some time, convert it to a primary residence, sell it and once again pay little or no capital-gains tax.

Leslie Appleton-Young, the chief economist for the CAR, showed data and charts relating to the current economic real estate conditions in California. You view the data by clicking here. Contra Costa County’s Median Price of Existing Detached Homes was 701,298 in August 2008 and $ 883,445 in August of 2007 which is a decrease of 20.6%.

2009 California Housing Market ForecastHere is one of Leslie’s chart for the 2009 California Housing Market Forecast.

To view all of the data and charts presented on the California and Contra Costa real estate, CLICK HERE.

Residential Properties REO & Short Sale Statistics

Posted by Jill in October 6th, 2008 | no comment 
Published in Foreclosures, Market Statistics

The following chart shows the sold REO (real estate owned by banks) and short sale statistics for the month of September 2008 in the East Bay.



RESIDENTIAL PROPERTIES REO & SHORT SALE STATISTICS
Criteria: All Sold Properties, All Residential vs. Sold REO vs. Sold Short Sale
For The Month of September, 2008
City Total

Inventory
REO

Properties
% REO

Property
Short Sale

Properties
% Short

Sale

Properties
Combined

%
Antioch 198 179 90.40% 8 4.04% 94.44%
Brentwood 85 66 77.65% 7 8.24% 85.88%
Castro Valley 37 10 27.03% 5 13.51% 40.54%
Concord 115 72 62.61% 11 9.57% 72.17%
Danville 41 2 4.88% 5 12.20% 17.07%
Dublin 28 10 35.71% 4 14.29% 50.00%
Fremont 129 42 32.56% 13 10.08% 42.64%
Hayward 118 81 68.64% 12 10.17% 78.81%
Lafayette 14 3 21.43% 1 7.14% 28.57%
Livermore 63 24 38.10% 13 20.63% 58.73%
Martinez 30 10 33.33% 4 13.33% 46.67%
Newark 29 13 44.83% 6 20.69% 65.52%
Oakland 217 104 47.93% 11 5.07% 53.00%
Orinda 11 2 18.18% 0 0.00% 18.18%
Pleasant Hill 19 4 21.05% 1 5.26% 26.32%
Pleasanton 37 3 8.11% 1 2.70% 10.81%
San Leandro 66 29 43.94% 7 10.61% 54.55%
San Lorenzo 28 14 50.00% 6 21.43% 71.43%
San Ramon 63 14 22.22% 7 11.11% 33.33%
Union City 46 31 67.39% 2 4.35% 71.74%
Walnut Creek 46 8 17.39% 1 2.17% 19.57%
Information Provided by Paragon and is deemed reliable but not guaranteed.

Bank Owned Properties in Contra Costa County

Posted by Jill in August 14th, 2008 | no comment 
Published in Foreclosures, Market Statistics, Home Purchase

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.

132 New REOs in Central Contra Costa

Posted by Jill in August 6th, 2008 | no comment 
Published in Foreclosures, Home Purchase

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

Contra Costa Home Sales Comparison with Last Year

Posted by Jill in July 31st, 2008 | no comment 
Published in Market Statistics, Home Purchase

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%
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Jill Cruey, Realtor®
925-207-8992

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