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bay area real estate: East Bay Area Housing Forecast - 12/30/07 03:45 PM
What's in store for real estate in the Bay Area for the coming year? Most in the real estate industry agree that it will get worse before it gets better. However, predictions vary among our "experts." What are we in store for in 2008? When will prices begin to recover? Hear what some of them are saying.
"Don't count on market rebounding in '08, experts say." - Marni Leff Kottle of the San Francisco Chronicle. "A real recovery in the housing market is probably at least a year off," said Robert Kleinhenz, deputy chief economist for the California Association of Realtors.
California … (1 comments)
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bay area real estate: Contra Costa & Alameda County Housing Months Supply by City - 09/13/07 10:15 AM
This is a revision from the July Post as an update for what the months supply is doing on a city by city basis for Contra Costa & Alameda Counties.
What is months supply? Basically, months supply is the ratio of inventory to sales. And what it tells us is how many months the stock of homes for sale would last, if sales continued at their current rate.
See How your City is doing.
We currently have a 8.4 month supply of homes in the entire SF Bay Area. How does this compare historically? "A state of equilibrium" is considered 6 months, a point … (0 comments)
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bay area real estate: El Cerrito Pending & Active Sales - 06/17/07 01:53 AM
I've tracked the pending and active sales in El Cerrito along with 34 other East Bay Cities since July of 2005. Pending and Active Sales give us a better idea on how the market is doing on local levels. At the very peak of the market, during 2004 through the middle of 2005, there were more pending sales than homes for sale. Basically, there were more buyers than there were homes to buy. Now, in most cities, there are far more homes for sale than pending. El Cerrito doesn't always follow the trends of the Greater Bay Area. Compared to Albany, Kensington & North … (0 comments)
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bay area real estate: Contra Costa Home prices on the Rise - 05/11/07 08:05 PM
Prices also up in Alameda County, down Solano County; sales increase in March but down from 2006 - By Barbara E. Hernandez, CONTRA COSTA TIMES.
The median price paid for a Bay Area home in March was $639,000, up 3.1 percent in a month's time, bucking the national trend and regaining much of the decline since last summer, but the chorus still isn't singing "Happy Days Are Here Again." - George Raine, a SF Chronicle Staff Writer.
"The housing market in the state will show a substantial decline this year, on the order of 2 or 3 percent,'' said Ken Rosen, director of … (0 comments)
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Glen Bell
El Cerrito,
CA
More about me…
Better Homes & Gardens, Mason McDuffie
Address: 2095 Rose St, Suite 100, Berkeley, Ca, 94709
Office Phone: (510) 868-1494
Cell Phone: (510) 333-4460
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Bay Area Jazz Lines, an unusual and informative mix of San Francisco Bay Area Real Estate and Jazz.
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