Concord Single Family Homes — Apr-09 vs. Apr-10: The median price of for sale properties is up 2% and the median price of sold properties is up 15%.  Click on the Concord homes chart below.

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A good reason for buying a home in today’s market is the affordability index which was at a record low of 15% in year 2009. This along with the US Mortgage rates averaging 5.04% nationwide in 2009, another all-time low, are just two of many reasons to buy a home today.

Don’t forget […]

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I had the pleasure of closing two short sale transactions last week, 108 Mt. Whitney Way in Clayton and 4805 Clayton Road #9, Concord.  I represented the sellers in both of these transactions which took over 6 months once the purchase offer was received by the short sale lien holder.  Each property had one loan […]

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Today there are 547 short sale (single family residences, SFR) for sale on the Contra Costa MLS.  For those of you who don’t know, a short sale is a pre-foreclosure in which the seller is trying to sell their property for less than what is owed.
Pending short sales are currently at 1,693 (SFR) on the […]

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The list below shows all of the REOs (bank owned properties) on the Contra Costa MLS.  This current list includes average list price and average square footage of single family homes for sale.

3 - ALAMO BANK OWNED HOMES - $2,055,000 - 4,964 square feet
60 - ANTIOCH BANK OWNED HOMES - $164,273 - 1,543 square feet
19 […]

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January 5th was the first weekly meeting of the year for Contra Costa Realtors in Motion (CCRIM).  Returning as the tour captain again this year, I was pleased with the large turn out for the meeting at our new location, the Elks Lodge in Walnut Creek.  We had five properties featured on caravan tour:

1863 Lamplight […]

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Government update of the Real Estate Settlement Procedures Act takes effect 1/1/2010, mandates a standard, 3 page Good Faith Estimate that urges consumers to comparison shop for the best loan and helps them compare lenders’ fees.
HOW THIS EFFECTS CONSUMERS
1. Although the Good Faith Estimate has been in use for many years, it has never been […]

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Today there are 363 single family homes in Contra Costa County on the MLS.  This number is on the rise compared to 12/09/09’s number of 314.  The new listings in the last week total 69 single family homes.  Click here for a list of the new bank owned properties in Contra Costa County.

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