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pending sales: Glen's Numbers June 30th, 2008 - 07/04/08 10:57 AM
There's 2 things that stand out; 1) we're seeing some improvement and 2) the influence that REO's have had in our markets.
I usually speak about the relationship between actives and pendings as being an indication of markets, just as months supply and median price comparisons give us a clue to better understand real estate on a local basis.
Pendings hit an all time low last fall in most areas. Surprisingly they have rebounded since the beginning of the year to their highest levels since I've been tracking them, (July 2005). Why the rebound?
1) Investors looking for bargains, positive … (0 comments)
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pending sales: 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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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
Email Me
Bay Area Jazz Lines, an unusual and informative mix of San Francisco Bay Area Real Estate and Jazz.
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