Best Time to Buy A Home in Four Years! Learn How to Buy Under market.

By
Real Estate Agent with Windermere Diablo Realty

Are you thinking of buying a home in today's real estate market?  Did you know that in East Contra Costa County nearly 80% of the homes listed for sale are listed as a "Short Sale" or "REO/Bank-Owned?"  Did you know that nearly 50% of the homes in Concord and Martinez are listed as a "Short Sale" or REO/Bank Owned?

Are looking to buy a home under $550,000?  If so, chances are that you will come across a Short Sale, Foreclosure, REO/ Bank-Owned or Auction Property.

Auction, Short Sale, Foreclosure and Bank-Owned Properties are common terms uses to describe homes for sale in the current market.  The Pleasant Hill Community Center is offering an education class specifically for the home buyer.

You will learn:

  • How each type of home for sale differs.
  • The pros and cons of buying each.
  • The impact of each on you as a buyer.
  • How to buy a home under market value.

The class will be valuable whether you are a first-time home buyer, a move-up buyer or are contemplating the purchase if investment real estate.

 

Class:  4608.202

Date:  Thursday, March 20th, 2008

Time:  7-9 pm

Location:  Pleasant Hill Community Center (Off Taylor and Pleasant Hill Road.)

Fee:  $14 (Pleasant Hill resident) or $29 (non resident)

To register, call 925-676-5200 or visit www.pleasanthillrec.com

READ ON FOR INTERESTING STATISTICS ON TODAY'S REAL ESTATE MARKET.

 

Nov.07Jan.08Feb.09
ANTIOCH
Total # of Homes for Sale119911501185
Single Family Homes110310251058
Short Sale/REO65%90%84%
Price Range$159-$979$109-$979$79-$979
BRENTWOOD
Total # of Homes for Sale633556533
Single Family633543516
Short Sale/REO75%95%74%
Price Range$299-$4.5 $200-$3$185-$5.2
OAKLEY
Total # of Homes for Sale376339363
Singel Family Homes376338356
Short Sale/REO50%87%90%
Price Range$159-$2.8 $199-$2.85
CONCORD
Total # of Homes for Sale837676724
Single Family Homes569448473
Short Sale/REO42%87%60%
Price Range$249-$1.6mil$164-$3.5$199-$3.6
MARTINEZ
Total # of Homes for Sale285192216
Single Family285192165
Short Sales/REO15%53%48%
Price Range$250-$2.8$250-$2.2$139-$2.7
PLEASANT HILL
Total # of Homes for Sale285192143
Single Family285192105
Short Sale/REO15%53%23%
Price Range$250-$2.8$250-$2.2$259-1.5
WALNUT CREEK
Total # of Homes for Sale181258292
Single Family Homes181122152
Short Sale/REO5%10%8%
Price Range$550-$1.5$$475-$3.5 mil$479-$3.5

 

 

Comments (1)

Angela Martinez
Windermere Diablo Realty - Walnut Creek, CA
This class has recieved excellent reviews from students.
Feb 26, 2008 08:54 AM