alamo market report: Alamo Home Search - 07/20/10 02:54 PM
The Alamo, CA home market summary below for Active, Pending and Sold listings. The Pending and Sold homes are dated from June, 20 2010 to July 20, 2010.
Active Listings= 1, Avg. days on the market= 110 days.
Pending Listings taken off market in the last 30 days= 19 (Keep in mind some of these pending listings are short sales and may never close.
Sold Listings, close escrow and buyers took possesion= 1
By dividing the number of active listings by the number that went pending in the last 30 days we get the months of inventory, number of months to … (0 comments)
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alamo market report: Alamo Home Search - 01/12/10 04:40 PM
Are you looking for a home or property in Alamo, CA? If you are in the process, or getting ready to, start your Alamo home search, now is the time to get started. Interest rates are still at historic lows and home prices have dropped to reasonable levels compared to 1 or 2 years ago. You will of course need to qualify for a loan but if you have the down payment, good credit scores and work history it can be done.
I'll be posting my yearly "History of Home Prices" here in just a few days. In the meantime this is the current … (0 comments)
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alamo market report: Alamo CA Home Search and Market Report - 07/13/09 12:46 PM
I spent Sunday riding around Alamo, Ca to see what's happening in the housing market. What I saw during my Alamo home search was nothing less than a market correction still playing itself out. As I'm sure you are aware, 2006 was the last year of the "booming real estate market". Some say the downturn started in 2005. As unemployment (currently 12%), continues to rise in California, even more homes will be put up for sale, most not voluntarily.
Let's compare last months market report (June/17/2009), with the current market data to determine the direction of the market, up or down.
Status June July
Active 132 … (0 comments)
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