925.621.4064 
SEARCHTri Valley Home Sales February 2009
February 6, 2009
Looking at the closed homes below you will see that overall Tri Valley Home Sales were a bit off from previous months, but a recent report by NAR shows Pending Home Sales Up (signed not closed sales). Cheer!!! It’s good news!
In my opinion it’s especially good news for first time buyers in the $500k and under. A lot of these homes are the driving force behind the increase in sales. FHA loans at 3.5% down and 5% interest rates. In areas like Dublin, Livermore and San Ramon the rent and mortgage payments are even. Ill show you a scenario if you ask me.
The downturn started with mass speculation in the lower priced homes and now we are seeing a flood of buyers entering back into the lower tiered homes because of affordability of pricing and comparable rent v. buy options.
Here is a look at sold homes in the Tri Valley from last month.
Your Thoughts???
If You Enjoyed This Post, You May Also Like...
- April 2009 Home Sales Pleasanton & Tri Valley
- Tri Valley Home Sales January 2009
- Tri Valley Home Sales Update September ‘08
Comments
Got something to say?
-
-
Email Newsletter
Don't miss any valuable news and information on Pleasanton and Dublin real estate. Receive blog articles by email.
-
Recent Comments:
- philip c. romero: i may be purchasing a condo in daville about the price range of 360,000 and wanted to know what...
- Morgan Hill Real Estate: Great blog and really nice site. I liked the video tips piece. Hope 2010 is the best year...
- Joe Hackman: Wow, down 67%! Impressive, let me know when you get the data updated I’d love to see it. Joe
- The Moxley Team: Hi Joe, In Danville the inventory is low compared to a year ago. Ill have some information on it...
- Joe Hackman: How is the inventory right now in Danville? I don’t see many for sale signs? Are sales picking up?...
