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 [...]
Posts Tagged ‘pacifica homes’
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 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 [...]
Monday Morning Market Update September 14, 2007 Wk#37
ABSORPTION RATE Absorption Rate is the number of months it takes to sell the current inventory at the present rate of sales. 6 months supply is a balanced market. Less than 6 months supply is a Sellers market. More than 6 months supply is a Buyers market. Still a Buyers Market – HALF MOON BAY [...]
So Much for a Sleepy Summer
by Rick Turley Generally speaking the Bay Area real estate market has seen a bit of a bounce this summer with sales increasing in all categories—from the entry level homes and condos to the high-end market. National figures showed June with an 11% increase in home sales and the Bay Area seemed to share that [...]
Monday Morning Market Update August 17, 2009 Week #33
ABSORPTION RATE Absorption Rate is the number of months it takes to sell the current inventory at the present rate of sales. 6 months supply is a blanaced market. Less than 6 months supply is a Sellers market. More than 6 months supply is a Buyers market. Still a Buyers Market – HALF MOON BAY [...]
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 June 15, 2009
Sellers Market with few Homes for Sale – PACIFICA, CALIFORNIA 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. Not much competition for new sellers, especially in the the under $700,000 price range Active Listings-44 [...]
