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concord ca real estate: What's Happening in Today's Market - 05/04/09 07:02 PM
We're now about 3 years past what turned out to be the height of the real estate market bubble.  In the higher priced areas, the number of sales remains down from a few years ago.  In Walnut Creek, for example, the number of sales in the first quarter of 2009 is down 32% from the same period in 2006.  What is notable though, is the number of sales in lower priced areas like Concord, Martinez, and especially Antioch & Brentwood.  The number of sales in those areas is dramatically higher than we've seen in quite some time.  The reason for all … (0 comments)

concord ca real estate: Sellers waiting for the market bottom to sell? - 04/21/09 05:58 PM
I've had the conversation with many a prospective home seller over the past 3 years.  They'd like to sell, but don't want to do so in a "bad" market.  They're going to sit it out and wait for the market to "turn around". 
I'm always a bit baffled when I hear that.  The reality is that even when our real estate market does bottom out, it's highly unlikely that we're going to see a quick turnaround in prices that will make them quickly rise to anywhere near the levels we saw at the height of the market in 2005/2006.  Most people … (0 comments)

 
Ken_jacobs

Ken Jacobs

Walnut Creek, CA

More about me…

Clocktower Realty Associates

Address: 2950 Buskirk Ave. Suite 300, Walnut Creek, CA, 94597

Office Phone: (925) 280-1260

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