california real estate: Yountville May 2014 Home Sales Report - 06/04/14 12:34 AM
The Yountville May 2014 home sales report reflects the small, but strong, market for homes in this central Napa Valley village known for fine restaurants, luxurious spas and close proximity to some of the finest wineries in the Valley.  Three properties closed escrow in May, all had been on the market just 2 to 4 weeks before selling.
There are currently six homes for sale, including one condo.  All homes have been on the market less than two months.
June 1st Yountville Real Estate Market Snapshot:
Homes active for sale: 6 (click to view > Yountville homes for sale) Distressed properties for sale:  Short Sale … (0 comments)

california real estate: Napa May 2014 Home Sales Report - 06/04/14 12:09 AM
The Napa May 2014 home sales report reflects an improved market throughout most of Wine Country, with additional inventory coming on the market every week.  Eighty six homes closed escrow in May, including a welcome 12 homes that sold for greater than $1M.  The $2M to $5M price range has lagged in sales the past couple of years, two homes above $2M are included in May’s sales.
There are 218 homes on the market, down from 230 last month.  The number of short sale listings has increased from 1 to 5 and there are still 5 foreclosure listings.
June 1st Napa Market Snapshot:
Homes … (0 comments)

california real estate: American Canyon May 2014 Home Sales Report - 06/03/14 11:33 PM
The American Canyon May 2014 home sales report reflects a steady southern Napa County real estate market, where prices are generally flat and homes are taking a month and a half on average to sell.  Sixteen homes closed escrow in May.
There are currently 11 homes for sale, including one short sale and one foreclosed property.  Three of the 11 came on the market in just the past week and 10 of the 11 have been on the market less than 30 days.
June 1st American Canyon Real Estate Market Snapshot:
Homes active for sale: 11 (click to view > American Canyon homes for sale) … (0 comments)

california real estate: Benicia May 2014 Home Sales Report - 06/03/14 10:59 PM
The Benicia May 2014 home sales report for this south Solano County community reflects brisk sales and steady prices.  Thirty two homes closed escrow in May, including 10 condos.  Sales reflected an even mix of properties that have been on the market for several months and new offerings (13 closed homes had been on the market less than 30 days).
There are 38 homes on the market at the start of June, 25 of which came on the market within the past 30 days.  Only four homes have been on the market more than 90 days.
 
June 1st Benicia Market Snapshot:
Homes active … (2 comments)

california real estate: Alamo May 2014 Home Sales Activity Report - 06/03/14 03:17 AM
The Alamo May 2014 home sales report reflects strong demand for mid priced homes, from $1.2M to $1.7M.  Twenty one homes closed escrow in May, with an average selling price of $1,728,423 and mean time to sell of just 10 days.  There are 32 homes now in escrow with an average listing price of $1,440,750 and 11 days on the market.
There are 54 homes actively listed today, up from 31 last month.
June 1st Alamo Market Snapshot:
Homes active on the market: 54 (click to view > Alamo homes for sale) Distressed properties for sale:  Short Sale – 1  Foreclosures – 0 Price range of active … (0 comments)

california real estate: Lafayette May 2014 Home Sales Report - 06/03/14 03:00 AM
The Lafayette May 2014 home sales report for homes that closed escrow reflects the exclusive nature of East Bay luxury property sales – few homes on the market and prices are currently holding steady.  Thirty eight homes closed escrow in May, with an average sale price of $1,375,472 and a mean time on market of just 12 days.  There are currently 44 homes in escrow with an average listing price of $1,337,510 and 10 days on the market.
There are currently 40 homes for sale, up from 36 last month.
 
June 1st Lafayette Market Snapshot:
Homes active on the market: 40 (click to … (0 comments)

california real estate: Orinda May 2014 Home Sales Report - 06/03/14 01:55 AM
The Orinda May 2014 home sales report reflects the steady market for East Bay luxury homes, with homes in the lower end of the local price range selling quickly and sales moving slower for homes in the upper end. Thirty homes closed escrow in May, with an average sale price of $1,471,568 and median sale time of 10 days.  There are 45 homes now in escrow with a slightly higher average listing price of just over $1,500,000 and mean time on market of 19 days.
There are currently 50 homes on the market, up from 34 on May 1st.  The average list price is … (0 comments)

california real estate: Atherton May 2014 Home Sales Report - 06/03/14 12:33 AM
The Atherton May 2014 home sales report reflects the continuing strong market throughout Silicon Valley and relatively high value of Atherton luxury homes.  Of the 13 homes that closed escrow in May, nine sold below $6,000,000 and two sold above $10,000,000 (see below).  The median time on market prior to sale was 12 days.
There are currently 29 homes on the market at this time, up from 28 at the beginning of May.  Only three homes came on the market in the past week, most have been on the market over 30 days.  This is common for luxury markets due to the smaller pool … (1 comments)

california real estate: Menlo Park May 2014 Home Sales Report - 06/02/14 11:58 PM
The Menlo Park May 2014 home sales report reflects the strong market throughout Silicon Valley and the fast pace of sales in Menlo Park.  31 of 36 home sales that closed escrow in May were sold within 30 days, with a median selling period of just 11 days.  Prices were strong for condos and single family homes.
New homes are coming on the market at a steady rate for the summer – and selling just ask quickly.  Forty two of the 50 homes on the market were listed within the past month.  Thirty five of the 44 homes now in escrow sold in … (0 comments)

california real estate: Los Altos May 2014 Home Sales Report - 06/02/14 10:37 AM
The Los Altos May 2014 home sales report reflects strong demand and steady prices.  Sixteen homes closed escrow in May and all were on the market less than 30 days (median time on market – 9 days).
There are 19 homes active on the market, of which 12 have been for sale less than 30 days. There are presently no short sale or foreclosures listings.
June 1st Los Altos Market Snapshot:
Homes active on the market: 19 (click to view > Los Altos homes for sale) (down from 30 on May 1st)
Distressed properties for sale:  Short Sale – 0  Foreclosed – 0 Price range … (0 comments)

california real estate: Los Altos Hills May 2014 Home Sales Report - 06/02/14 09:25 AM
The Los Altos Hills May 2014 home sales report reflects steady prices as we enter the prime summer selling season.  Only one home closed escrow in May, which indicates a weaker market for existing homes in the ultra-premium price range (current median list price is $4,850,000).  Driving through the Hills, we see construction underway for many new custom homes.
Six of the 23 homes currently on the market have been for sale less than 30 days.  There are presently no short sale or foreclosed homes for sale.
 
June 1st Los Altos Hills Market Snapshot:
Homes active on the market: 23 (click to view … (1 comments)

california real estate: Palo Alto May 2014 Home Sales Report - 06/02/14 08:12 AM
The Palo Alto May 2014 home sales report indicates that Palo Alto homes continue to be in high demand, as inventory is stable and overall prices appear to be escalating.  Of the 24 homes that closed escrow in May (down from 58 in April), 22 sold within 30 days.
Palo Alto homes are not staying on the market long, with 20 of the 34 homes now for sale on the market less than 30 days.  37 of the 42 homes now in escrow sold within 30 days.  Only seven homes have been on the market longer than 90 days.  There is only one … (1 comments)

california real estate: Yountville April 2014 Home Sales Report - 05/08/14 06:55 AM
The Yountville April 2014 home sales report reflects the small, but strong, market for homes in this central Napa Valley village known for fine restaurants, luxurious spas and close proximity to some of the finest wineries in the Valley.  Four properties completed sale in April.
There are currently five homes for sale, four of which came on the market in April.  One home, which recently had a price reduction, has been on the market for almost a year.  There are no distressed properties for sale at this time.
 
May 1st Yountville Real Estate Market Snapshot:
Homes active for sale: 5 (click to view … (1 comments)

california real estate: Los Altos Hills April 2014 Home Sales Report - 05/05/14 04:18 PM
The Los Altos Hills April 2014 home sales report reflects a steady market with prices holding as we enter the prime summer selling season.  Of the eight homes that closed escrow in April, all had selling prices above $2.5M.  Homes in Los Altos Hills typically sell a little slow than in other communities due to the large number of estate homes that carry higher price tags.
Ten of the 24 homes currently on the market have been for sale less than 40 days.  There are currently no short sale or foreclosed homes for sale.
 
May 1st Los Altos Hills Market Snapshot:
Homes active … (0 comments)

california real estate: Palo Alto April 2014 Home Sales Report - 05/05/14 03:45 PM
The Palo Alto April 2014 home sales report indicates how quickly Palo Alto homes are selling as we move into the primary selling months of summer.  Of the 58 homes that closed escrow in April, 38 sold within 30 days.
Palo Alto homes are selling quickly.  28 of the 40 homes for sale have been on the market less than 30 days.  16 homes have been on the market less than a week.  There is only one short sale on the market and no foreclosed homes.
May 1st Palo Alto Market Snapshot:
Homes active on the market: 40 (click to view > Palo Alto homes … (1 comments)

california real estate: Vallejo April 2014 Home Sales Report - 05/05/14 02:55 AM
The Vallejo April 2014 home sales report reflects a steady southern Solano County real estate market, where prices are generally flat and homes are taking two to three months on average to sell.  Seven short sales and nine foreclosures sold in April.  Sixteen of the 102 homes that closed escrow in April sold in less than a week, 52 sold in less than 30 days.
Vallejo is the largest housing market in southern Solano County, with 145 homes currently for sale, including 48 that came on the market just in the past week.  Of those new listings, nine are back on the market … (1 comments)

california real estate: American Canyon April 2014 Home Sales Report - 05/05/14 01:58 AM
The American Canyon April 2014 home sales report reflects a steady southern Napa County real estate market, where prices are generally flat and homes are taking a month and a half on average to sell.  One short sale and no foreclosures sold in April.
Homes currently for sale include three that came on the market in the past week and only one that has been on the market longer than 30 days.  Five of six active listings are priced under $500,000.  Four of six active listings are distressed properties.
May 1st American Canyon Real Estate Market Snapshot:
Homes active for sale: 7 (click to … (0 comments)

california real estate: Benicia April 2014 Home Sales Report - 05/05/14 01:19 AM
The Benicia April 2014 home sales report for this south Solano County community reflects brisk sales and steady prices.  Thirteen of the 25 homes that closed escrow in April were on the market less than 30 days and four were on the market less than a week.  No Benicia homes have lowered their asking price recently.
More homes are coming on the market this spring, with 11 of the 34 homes currently listed coming on the market in just the past week.  25 of the 34 have been on the market less than 30 days and only 5 have been on the market … (0 comments)

california real estate: Green Valley April 2014 Home Sales Report - 05/04/14 03:08 AM
The Green Valley April 2014 home sales report for this western Fairfield, CA community reflects a stable market for homes in the area.  In general, home sales are still slow and prices are not escalating as expected this summer.  Of the 18 homes that closed escrow in April, only five sold in less than 30 days and eight took longer than 90 days to sell.  Homes sold included two foreclosures and one short sale.
There are 30 homes for sale today, with five new homes on the market this week.  Four homes recently decreased their asking price, none have increased their price.  Nine … (1 comments)

california real estate: Real Estate Jargon: Cost Segregation - 04/26/14 03:35 AM
Welcome back to another installment of Real Estate Jargon, aka, simple explanations of sometimes confusing real estate terms.  Investors in most types of income property can benefit from an accounting strategy called cost segregation.  If the property was purchased, built or underwent a major remodel after 1987, cost segregation could help to improve the owner’s bottom line.  Let’s look at how cost segregation works.
The ultimate goal of cost segregation is to identify improvements to a property that can be classified as “personal property,” which the IRS allows to be depreciated over fewer years than “real property” improvements such as an entire house or building.  Let’s … (0 comments)

 
John Souerbry, Homes, Land & Investments (Cordon Real Estate)

John Souerbry

Homes, Land & Investments

Fairfield, CA

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Cordon Real Estate

Address: 637 Barrington Court, Fairfield, CA, 94534

Office: (650) 815-6182

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