Case-Shiller Records 3.7% Annual Drop in Home Prices Data released this morning by Standard & Poor’s showed an annual decline of 3.7 percent in November for the 20-city composite reading of its S&P/Case-Shiller home price index. Analysts were expecting a year-over-year drop in the range of 3.2 to 3.4 percent. Eighteen cities were in negative [...]
Albany Market Snap Shot The Albany market is getting hotter now that the New Year is underway. Based on current levels of supply and demand I don’t see the trend in price increasing much, if at all. I can’t believe that last month the Average Sales Price for Albany was in the mid-$350k range. But [...]
DQ News reported a few days ago about the current status of the double dip, and uses a little humor while doing so. http://www.dsnews.com/articles/double-dip-altos-says-prices-have-been-steadily-rising-since-then-2011-06-02 What I find completely hilarious (and true!) is that the article deems the ebb and flow of home prices as the “Catfish Recovery.” You laugh, but think about it. As the [...]
Here are the recent housing figures for Alameda and Contra Costa Counties. The table represents aggregated values based on MLS data for the specified date.
Glen Bell from My East Bay Agent had some interesting things to say about the East Bay Market this month. It seems that inventory and pending sales crept up slightly since last February: pendings were up 3.1% and supply remained steady at 3.3 months (months supply at this time last year was 2.5 months). The [...]
A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…