Quick Home Search

Login : Sign Up to Get Homes by Email

Why Real Estate Markets Will Improve in 2007

There are reasons to be optimistic about real estate next year, a BusinessWeek Online analyst says. New and existing home sales might slide further in 2007, but there won’t be a sharp decline like there was in the early ‘80s and ‘90s. Why? Because the overall economy is in good shape. Some markets will become much more affordable, making a home purchase possible for people who never could have … [Read more...]

Dublin Condo Market Numbers

The East Dublin condo market is seeing a bit of a jump compared to previous months. With the number of sold homes close to the all time high and the number of available homes at level of early '06, this market is starting to realize its potential. Check back for more information on East Dublin and the driving force behind this market. Click the graph below for a larger picture … [Read more...]

Pleasanton Market Update

November saw close to the same numbers as October regarding available homes on the market with the number of sold homes slightly off from the previous month. November of 2005 saw 57 sold homes with 64 available at the end of the month. We are not yet in the clear when it comes to numbers of a year or two ago, but many feel 2007 will be a good year with 2008 doing very well. Look for our future postings … [Read more...]

What can we expect in 2007?

The housing correction is about two-thirds finished, but the market will hit a trough in the first half of 2007, predicts Freddie Mac Chief Economist Frank Nothaft, speaking at the 10th annual Home Building Conference, sponsored by the New York Society of Security Analysts. "We're most of the way there," he says. "We've still got a bit of decline going forward. I do think by the second half of 2007 we … [Read more...]

Rates Fall for Fifth Consecutive Week

The 30-year fixed rate mortgage is now at the lowest level since Jan. 26 of this year at 6.14% from 6.18 a week ago according to Freddie Mac. The 15-year, fixed-rate mortgage is now at the lowest level since Feb. 2, 2006 at 5.87 percent, down from 5.91 percent last week but up slightly from 5.81 percent a year ago. “Mortgage rates drifted lower this week, bringing long-term rates to levels below … [Read more...]

Existing sales on the rise, but prices are not following

Existing home sales increased .5% to an adjusted annual rate of 6.24 million last month. The National Association of Realtors reported on Tuesday that it was the first increase after seven consecutive monthly declines. David Lereah, chief economist for the Realtors, said he expected home prices to continue falling for the rest of the year as sellers, accustomed to the booming market conditions of … [Read more...]

Mortgage Activity at 10-Month High

Home-loan volume, buoyed by the lowest interest rates seen since January of this year, surged 4.3 percent last week. The Mortgage Bankers Association reported a 6.5-percent jump in refinancing demand, which reached its highest level in more than 12 months. Meanwhile, purchase-loan applications, which two weeks ago were at a three-year low, rebounded 2.7 percent for their best performance in four months. … [Read more...]

Loan Rates Decrease and Applications Rise

Interest rates were down slightly and mortgage applications were up almost even with last year, despite a week shortened by the Veteran’s Day holiday, according to the Mortgage Bankers Association. The Market Composite Index, a measure of mortgage loan application volume, was 647.5, an increase of 4.3 percent on a seasonally adjusted basis from 620.9 one week earlier. On an unadjusted basis, the index … [Read more...]

Delinquency Rate Soars on Riskiest Loans

 Values of homes are not jumping off the paper any longer, borrowers who expected to see fast appreciation may see their selves on the wrong side of the market. Many sellers are in serious trouble and need someone to bail them out, in this case a buyer. Just as fast appreciation cannot last forever, neither will a softening market. Hold on to your home if you can and avoid default at all costs.  … [Read more...]

Pleasanton’s October numbers

As we look at the numbers for October and head into the holiday season, sold home numbers are off from the recent highs of the past few months. October '05 saw 52 homes sell compared to 48 last month. In comparison to the past few months there is a decline in both sold and available homes, but these numbers are usual for this time of the year. Advice as we move forward? Value, buyers want it and sellers … [Read more...]

©2016 Bay East. ©2016 CCAR. ©2016 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 2/7/16 3:22 AM PST.

This IDX solution is (c) Diverse Solutions 2016.