Tag Archives: Short Sales

REOs? Short Sales? They’ve All But Disappeared

Our MLS system allows us agents to save search templates. One of mine that I check often is a quick search of short sales and REOs for sale in Pleasanton, Dublin, Danville, Blackhawk, Alamo, Diablo, Walnut Creek, Pleasant Hill, Lafayette, Moraga, and Orinda. My neck’s of the woods. This morning produced the lowest count I’ve […]

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There’s Really No Such Thing As An As-Is Sale

With all of the REOs, Short Sales, and newly-emboldened Sellers out there right now, we are seeing a large share of “as-is” sales. This is confusing for Buyers, Sellers, and Agents because, as long as there are inspection contingencies, there is really no such thing as an as-is sale. The phrase “as-is” means that the […]

Existing Home Sales Debate: Why I Disagree With Calculated Risk

Today’s Existing Home Sales report from the National Association of Realtors came in below expectations with sales falling roughly 1% from November to December. Most analysts are calling this a disappointing report, but Calculated Risk’s Bill McBride disagrees. Me? I think everyone is wrong. Total existing-home sales, which are completed transactions that include single-family homes, […]

Small condos lead the way in a slow-motion market

In the spirit that this is the Bay Area Real Estate Trends blog, I’m going to be updating some of my earlier posts to get an idea of just what some of those trends are. And appropriately, on the one-year anniversary of my first post, I’m going to revisit the Montierra Condominiums in the Hayward […]

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California’s Millionth Foreclosure Sale

In recognition of California’s millionth foreclosure since the housing bubble burst, ForeclosureRadar offers a retrospective look at the foreclosure crisis and how our real estate market will be impacted in 2013. Here are some highlights… Regarding politics and Uncle Sam’s determination to slow or stop foreclosures: As the time to foreclose climbed steadily and the […]

Why 2013 Is The Year To Buy A House

As we round up the fiscal year 2012 and move into 2013, the next 12 months is showing compelling reasons why would-be home buyers are going to be buying more homes. In the beginning of 2012, the consensus was the real estate market was low, even flat in some parts. In summer 2012, purchase business […]