Bay area home sales and prices up?

KCBS is reporting that bay area homes sales are up along with the median prices. What does this mean for you? Please click here to read the full article.

Mid-year Real Estate Market Report

Check out the latest Mid-year stats on each community of southern and eastern Alameda county for the first six months of 2009.

Monthly Market Analysis report

Bay East has just released their Monthly Market Analysis report for selected cities. Please take a look at the latest statistics on,

- Days on market

- Median home prices

- Number of active homes

- Monthly inventory of homes

- Yearly summary analysis etc..

Distressed property report - August 7, 2009

Here is a look at the latest Bay East distressed property market report as of August 7, 2009. The report lists Active detached as well as Attached properties and breaks down the lists into Active, pending, # of REO's etc...

Still interested in Foreclosure Homes?

If you are, you better do your homework, have your finances approved, have earnest money check in hand, inspections taken care of etc.... Otherwise, the competition will beat you out. It is a hot market out there, with multiple offers on low to mid range properties in some markets, and it is getting hotter!

Don't believe it! Please check out the related story on CNNMoney.com.

Home buyer mistakes??

Rushing to buy Bank Owned, Short Sales, Foreclosures or any other good deals out there? You may want to check out the following Wall Street Journal article on "Rookie Home Buyer Mistakes" before you sign on the dotted line.

Livermore Housing Trends - July 2007 to July 2009

Interested in comparing long term housing trends in your city? Are the prices going up or down? Have we hit the bottom?

Please take a look at data for Livermore, CA for past two years - courtesy of Clarus MarketMetrics. Please send an e-mail if interested in looking at trends data available for other cities in east bay area.

Helping the needy! Short Sale, Foreclosure or ??

You may be one of the lucky ones to get a call back from your bank that someone with knowledge and authority has been assigned to work with you on your loan modification, short sale, foreclosure options.

However, what about the folks who are current on their mortgages at the moment, but will run out of money soon if they cannot figure out a way to resupply their fast draining savings due to a job loss and or potential medical bills? Who is willing to listen and help these folks out?

Trying to help, I actually was told by someone at a bank that they cannot help unless people actually default on their loans? Is this the only way out? There has to be a reasonable way to help people who are not defaulting at the moment but may default sometime in the near future. Why does one need to wait till after the fact?

Bank Owned & Short Sale Statistics

Latest Bay East Association of Realtors Distressed property market stats (see below) for single family homes, detached as well as attached are out for selected east bay cities. The spreadsheet shows the number of available active and pending bank owned as well as short sale single family homes as of July 31, 2009.

Please note that San Lorenzo, Hayward and Newark cities lead the pack in detached homes and Union City, Hayward and Newark lead in attached homes for this time period.