Super Bowl Sunday can’t come fast enough for the real estate market. Historically, this is when the floodgates open and sellers start putting their homes on the market. Good news for Buyers but not as good for Sellers. Read what is happening in the Bay Area below. “What’s happening? First-time buyers are rushing to take [...]
Posts Tagged ‘homes for sale’
THAT SOUND YOU HEAR IS OPPORTUNITY KNOCKING.
THE HOME BUYER TAX CREDIT HAS BEEN EXTENDED AND EXPANDED. Current homeowners can now receive a $6,500 tax credit, while first-time buyers are still eligible to receive an $8,000 credit. But act soon, the opportunity of a lifetime ends April 30th, 2010. First time Home Buyer Credit has now changed 3 times. The biggest change [...]
Monday Morning Market Update – Wk#49 December 14, 2009
Half Moon Bay to Montara had 8 new listings this week with 4 of them listed over $999,000. Total active listings are 104 as the year is winding down to a close. 2 properties went sale pending this last week with one that was listed over a million and the other under $550,000. YTD sales [...]
Monday Morning Market Update Wk#48 December 7, 2009
This past week, our listings all had multiple showings. The open houses this past Sunday were slow. Could have been the weather, the football games or the season. This will be the time that will be remembered as having some of the best real estate deals. Inventory is low due to homes taken off the market as [...]
Monday Morning Market Update November 23, 2009 Wk#46
This weekend the open houses were very well attended once again. Buyers are looking at properties for the second or third time, still trying to make a decision to purchase. Some buyers have lost a few houses they liked due to waiting too long to make an offer before the house got sold. A home that [...]
Monday Morning Market Update October 26, 2009 Wk#43
Still a Buyers Market – HALF MOON BAY through MONTARA,CALIFORNIA with just under half of the listings listed at over 1 Million. The Million plus price range is finally seeing activity. Active Listings-121 Single Family Homes. 52 listed over 1 Million, 15 listed at $900,000 to 1 Million. Pending Sales-36 with 14 listed under $700,000 [...]
Monday Morning Market Update October 19, 2009 Wk#42
Still a Buyers Market – HALF MOON BAY through MONTARA,CALIFORNIA with just under half of the listings listed at over 1 Million. The Million plus price range is finally seeing activity. Active Listings-120 Single Family Homes. 52 listed over 1 Million, 15 listed at $900,000 to 1Million.Pending Sales-41 with 11 listed under $600,000 and 10 [...]
Tax Credit: Expand? Extend? Expire? Market Update by Rick Turley, President CB SF Bay Area
The question everyone is asking is, will the government expand, extend or simply let the $8,000 first time home buyer tax credit expire. With just over 50 days left until it is expires, the debate is on and everyone is anxiously awaiting the result. Whichever side you take on the debate, what you can’t deny [...]
Monday Morning Market Update July 13, 2009
Sellers Market with few Homes for Sale – PACIFICA, CALIFORNIA, San Mateo County Statistic remain consistent another week With the current number of Active Listings divided by the average number of homes sold YTD, there is a little more than 1 month of inventory of Active listings. Active Listings-45 Single Family Homes. 12 listed at [...]
Monday Morning Market Update-May 11, 2009
PACIFICA, CALIFORNIA Active Listings-64 Single Family Homes 2 New Listings this week. Pending Sales-50 Single Family Homes with the highest list price of $1,395,000. 10 Properties went Sale Pending this week and one was listed for $1,325,000 and the 9 others listed for $849,000 or lesss. 66 Closed Sales since January 1, 2009 with the [...]
