months supply: 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)
months supply: 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 … (0 comments)
months supply: 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)
months supply: 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 … (0 comments)
months supply: 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)
months supply: 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)
months supply: 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)
months supply: Housing: The Best Indicators of a Rebound - 01/17/07 08:20 PM
"Has the home market hit bottom? That is the key question for the U.S. economy in 2007. According to some housing indicators, there is some light at the end of the tunnel for homebuilders, but that cautious optimism comes with caveats." Read the article found in the January 15, 2007 issue of … (0 comments)
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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.
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