With only two more months left of 2014, most are wondering how 2015 projections are looking for sellers and buyers. A recent forecast by the California Association of Realtors gives much hope to homebuyers for the coming year, with a prediction of a growing supply of inventory, leveling home prices and less competition with investors. There is also a prediction that mortgage interest rates will remain at historically low levels throughout 2015. This is an incredible outlook for the coming year. And with that being said, 2014 has been a very solid year in the real estate market.

The Walnut Creek real estate market is booming, along with many Bay Area cities. There were some year over year decreases but nothing out of the ordinary. Median sale prices are continuing to slowly rise with a 7% year over year increase, from $790,000 last year to $846,000 this October. Contrastly, there was a decrease in the number of properties sold. The year over year decrease was roughly 20%, from 53 to 44. The new properties and for sale properties both had slight year over year increases. The new property increase was 6%, from 53 to 56. And the number of for sale properties increased by 3%, from 119 to 123. Numbers were up and down throughout the month but overall Walnut Creek real estate is on top.

November Community Event 

Walnut Creek on Ice - November 7, 2014–January 11, 2015
Civic Park- 1375 Civic Drive, Walnut Creek

Children's Winter Festival 
November 8, 2014
$5/2 hour skating sessions offered all day!
There will be giveaways, free food & beverages (while supplies last), and MORE!