Short sales and foreclosed properties are requested by buyers for most cities and Livermore is no different. Several years ago, they comprised between 60 and 70% of the market. The perception is that they are a better value, so buyers continue to ask about them specifically.

The graph below illustrates the percentage of total units sold in the distressed properties category as of June 30, is 44%. 

Of the active listings currently on the market in Livermore, 26% are either short sales or bank foreclosures. 

Foreclosures are readied for market far differently than in the beginning of the downtown, many close to move-in ready.

Inventories in Livermore have dropped dramatically, and with simple supply and demand, short sales and foreclosed properties are receiving multiple offers, often driving pricing up to that of regular sales.  With the market moving at a much faster rate, we'll probably see a more balance between regular sales and distressed sales as buyers will have less bargaining power with short sales and foreclosed properties that they might once have had.

Short Sales and Foreclosures in Livermore, CA

 

Find active listings for foreclosures and short sales in Livermore. (Scroll down to the bottom of the page to see the listings).

 

 

 

Karen Crowson on Zillow

Tri Valley real estate for buyers and sellers. Search for homes in Livermore, Pleasanton, and Dublin.

I can also help you in the surrounding areas of Alameda County and Contra Costa County

including Castro Valley, San Leandro, San Lorenzo, San Ramon, Danville, Brentwood and Mountain House

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2 Comments on Find Short Sales or Foreclosures in Livermore

JUL
02
294,310 Points 6 Featured Posts Attended Rain Camp Called Shot Master

Karen, it looks like your market has also slowed down with the number of distressed properties. Here in Gilroy we have very low inventory numbers and distressed properties are also down dramatically. This should drive home values up even more.
11:21pm • #1
JUL
03
777,397 Points 97 Featured Posts Outside Blog Called Shot Master

I remember back in the 80's when the word "fixer" demanded a higher sales price. I think we are seeing something similar here.
1:34am • #2

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Karen Crowson, ABR, SRES, Livermore, CA

Livermore, CA

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Alain Pinel Realtors, Pleasanton, CA

Address: 900 Main St., Pleasanton, CA, 94566

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Real estate market and local information for the Tri Valley communities of Livermore, Pleasanton, and Dublin, CA. Search for homes for sale, things to see and do, what it's like to live here.


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