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Weekly Market Numbers - 03/07/08 03:57 PM
Market Numbers as of March 3rd, 2008
•1.     Current Single Family Residential Listings in Bakersfield Metro total:  3411
•1.     Listings priced under 200000: 1410
•2.     Listings priced between 200K and 250K:   649
•3.     Listings priced between 250K and 300K:   492
•4.     Listings priced between 300K and 350K:   279
•5.     Listings priced between 350K and 400K:   207
•6.     Listings priced between 400K and 450K:   94
•7.     Listings priced between 450K and 500K:   109
•8.     Listings priced between 500K and 600K:   110
•9.     Listings priced between 600K and 700K:   49
•10.    Listings priced between 700K and 800K:   37
•11.    Listings priced between 800K and 900K:   15
•12.    Listings priced between 900K and 999K:   11
•13.   Listings priced … (0 comments)

Market News - 03/07/08 03:52 PM
Daily Commentary By Larry Baer, Market Alert
 
Commentary:    The biggest story of the day is not the mortgage market friendly data contained in this morning's February Nonfarm Payroll figures -- but rather the announcement from the Federal Reserve that they plan to pour tons more money into the short-term credit markets in an effort to ease persistent liquidity strains at financial institutions.
The Fed announced a boost in funding for its term auctions to $100 billion and said it would start a series of term repurchase transactions.  The "so what" factor here is that these two measures have likely put an end … (1 comments)

 

Kyle Wigley

Bakersfield, CA

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Keller Williams Realty

Cell Phone: (661) 330-9863

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