Real estate blog entries tagged with east bay real estate by Glen Bell (Keller Williams Realty)

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east bay real estate: SF East Bay Housing Statisitics & REO Surprise - 01/18/08 07:17 PM

It seems that every day now, we see more and more properties for sale that are listed as REO (Bank Owned Foreclosures), and/or Short Sales.
Our team, has always run numbers as a means to better understand our markets. We researched the EBRD multiple listings service, following a conversation that we had … (1 comments)

east bay real estate: Glen's Market Data - Months Supply - 07/10/07 08:50 PM

This is a revision from the May 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 … (0 comments)

east bay real estate: East Bay Months Supply by City, May 2007 - 05/15/07 07:10 PM

We currently have a 6.5 month supply of homes in the area. How does this compare historically? "A state of equilibrium" is considered 6 months, a point at which you would have an equal number of sellers and buyers. Considerably less, would be considered a "seller's" market, while anything more than … (0 comments)

east bay real estate: Glen's East Bay Market Trends - 05/15/07 06:16 PM

We, as real estate agents, have access to the MLS, and are able to extract up to the minute information to give us a better clue as to what's really happening in your neighborhoods.
However, these bits of information that we are able to pull are only snapshots. Tracking these numbers over … (0 comments)

east bay real estate: El Cerrito Pending & Active Sales - 01/17/07 10:16 PM

I have provided the graph above for those of you trying to make sense of the Housing market in El Cerrito. The graph follows Pending Sales and Active Listings on a week by week basis beginning in July of 2005 through January 14, 2007. (Data has been collected from EBRD MLS).
Actives - … (0 comments)

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