California - North
California Foreclosures Rebound
Notices of Default (NOD) have rebounded from the stall caused by California State Senate Bill 1137, which temporarily slowed foreclosures by imposing new requirements on lenders. With 42,421 filings in December, NODs are back to the record levels reached in the second quarter of 2008, nearly doubling the 21,557 Notices of Default recorded in November.
14Jan2009 | admin | 0 comments | ContinuedCalifornia - East Bay Foreclosures
Investors Gobbling Up California Foreclosures
Here are the latest statistics for short sales, foreclosures and bank owned properties in California’s East Bay area - Alameda & Contra Costa counties.
California East Bay Housing Inventory
MONTHS OF INVENTORY as of October 2, 2008 - a snapshot of where the market is today. The latest numbers show a 11% decrease compared to thirty days ago. In these twenty-seven areas 18 decreased, 8 increased and 1 stayed the same. You need to look at the last three months to see a trend [...]
12Oct2008 | admin | 0 comments | ContinuedReal Estate Investment Values in the East Bay of California
Antioch & Brentwood California Real Estate Investment Opportunities
The August home sales figures are in for California and the San Francisco Bay Area. In eastern Contra Costa County, the communities of Antioch, Brentwood and Pittsburg continue to see brisk home sales activity as investors buy up foreclosures.
Brentwood and Antioch California represent some of the best home [...]
California August Home Sales and Bay Area Foreclosures
An estimated 37,988 new and resale houses and condos were sold in Californai last month. That was down 3.8 percent from 39,507 in July and up 13.6 percent from 33,429 for August last year. California sales for the month of August have varied from 29,764 in 1992 to 73,285 in 2005, the average is 49,927.
Of [...]
Where to Buy - Right NOW
California, Florida & Arizona are HOT Markets for Foreign Investors
Where;s the best place to buy U.S. real estate right now? When you want to get the best deal, look to where the biggest problems are. California, Florida and Arizona accounted for more than half of current foreclosures in the United States.
This doesn’t mean that you [...]
Tax Assessor Says Buy NOW
It’s not very often you get the county tax assessor telling people to buy real estate, but that is exactly what is happening in Contra Costa County in the East Bay of California.
As the Assessor of Contra Costa County since 1995 and a student of the real estate market of the East Bay since 1971, [...]
Percentage of listings that are Short Sales or REO in the East Bay
We have been informing you on the current housing market in the San Francisco Bay Area; again it shows that it is a great time for investors to buy their rental properties, or anybody who wants to get into house. In this last week we have done several transactions where some of the homes were [...]
3Sep2008 | Paul | 0 comments | ContinuedU.S. Housing Market Price Update
The second-quarter national House Price Index from OFHEO, the Federal Office of Housing Enterprise Oversight, came out today, showing that overall, home prices fell 1.7 percent nationally since the second quarter of 2007, as gauged by a survey of both purchase transactions and refinancing transactions.
Here is the color-coded results of home-price appreciation and depreciation:
Here is [...]
28Aug2008 | admin | 0 comments | ContinuedInvestors Buying California Homes
July Home Sales - California
Home sales in most California counties showed similar statisics in July = the median home price was down, the number of homes sold increased.These are the exact results you would expect with investors buying up bank owned properties.
In the San Francisco Bay Area of California, the median price of a home [...]
