doug anderson real estate broker: Bay Area Mortgage & Market Update for April 12th - 04/12/13 11:43 AM
Mortgage and Market Update
 
Economic News...The minutes of the Federal Open Market Committee did not reveal any substantial change in thought about current monetary policy. A nice tidbit was that the view of the economic results and reports since the last meeting “was somewhat more positive than expected”. Weekly Jobless Claims, while disappointing last week, made a dramatic about-face this week coming in at 346K versus the expected 365K. The two major reports for today have contributed to improvement in the bond markets and mortgage rates. Retail Sales figures were tepid and are definitely worth watching in the near-term as … (3 comments)

doug anderson real estate broker: Bay Area Mortgage & Market Update for April 5th - 04/05/13 04:34 PM
 
Economic News...was a little weaker than expected. The ISM Manufacturing Index and Factory Orders results were mixed. While the headline figures were tepid there was some positive data hidden in the underlying numbers. Employment stats for the week were the real market driver. On Wednesday, the ADP Employment Report results predicted a weaker Employment Situation in Friday’s release. This came true with today’s announcement of 88,000 jobs created versus the 193,000 expected. The unemployment rate trended lower to 7.6% but the labor force participation rate dropped from 63.5% to 63.3% which is a level not seen since 1979. Is the … (2 comments)

doug anderson real estate broker: Bay Area Mortgage & Market Update for March 29th - 03/29/13 10:43 AM

Economic News...We had a fair amount of housing data for the week. The Case-Shiller Home Price Index continued to move sharply higher. New Home Sales for February, while slightly less than expected, followed a very strong January. Pending Homes Sales were mostly flat as increasing portions of the country are experiencing inventory issues. This is good news for housing overall as more regions come to the party California started over a year ago. Interesting news on the consumer front: Consumer Confidence tumbled which was mostly attributed to increased payroll taxes and higher fuel prices while Consumer Sentiment increased to one … (4 comments)

doug anderson real estate broker: Bay Area Mortgage & Market Update for March 22nd - 03/22/13 04:44 PM
 
Mortgage and Market Update...Spring Has Sprung!!!
 
Economic News...There was a lot of housing news released this week. The Housing Market Index (gauge of new home sales) declined for the second month in a row but when you look at the forward data things are pretty good. In addition, the Western Region leads the way by a wide margin. Housing Starts numbers looked just OK but permits made excellent headway in January. This report can be all over the map from month to month due to weather conditions and as well as the volatile multi-family sector. Existing Home Sales, while … (4 comments)

doug anderson real estate broker: Alamo, CA 94507 Real Estate Market Activity 2010 Versus 2009 January Thru September - 10/22/10 01:51 PM
The following numbers represent the comparison of homes sold from January through September 2009 versus January through September 2010 in Alamo, CA 94507.


Keep in mind that real estate markets are local in nature and there will be micro markets in every town.  Alamo experienced a moderate drop in average home price from the first nine months of last year. The good news is that there was a sharp increase in homes sold and a reduction in the days on market compared to last year.
Current market activity in Alamo, California 94507
Community information for Alamo, California 94507 
 
(4 comments)

doug anderson real estate broker: Alamo, CA 94507 Real Estate Market Activity 2010 Versus 2009 January Thru August, Doug Anderson, Executive Brokers Real Estate Group - 09/13/10 03:42 PM
The following numbers represent the comparison of homes sold from January through August 2009 versus January through August 2010 in Alamo, CA 94507.

Keep in mind that real estate markets are local in nature and there will be micro markets in every town.  Alamo experienced a moderate drop in average home price from the first eight months of last year. The good news is that there was a sharp increase in homes sold and a reduction in the days on market compared to last year.
Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found … (2 comments)

doug anderson real estate broker: Alamo, CA 94507 Foreclosure Report as of August 31st 2010, Doug Anderson, Executive Brokers Real Estate Group - 09/08/10 01:30 PM
The following numbers represent the current Foreclosure Sold Inventory data as well as the current "Active" and "Sale Pending" data for Bank Owned (REO) properties in Alamo, CA 94507 for the month of August 2010.

Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(0 comments)

doug anderson real estate broker: Alamo, CA 94507 Short Sale Report as of August 31st 2010, Doug Anderson, Executive Brokers Real Estate Group - 09/07/10 08:08 PM
The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Alamo, CA 94507 for the period ending August 31st, 2010.

Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(0 comments)

doug anderson real estate broker: Alamo, CA 94507 Real Estate Market Activity 2010 Versus 2009 January Thru July, Doug Anderson, Executive Brokers Real Estate Group - 08/16/10 06:32 PM
The following numbers represent the comparison of homes sold from January to July 2009 versus January to July 2010 in Alamo, CA 94507.


Keep in mind that real estate markets are local in nature and there will be micro markets in every town.  Alamo experienced a moderate drop in average home price from the first seven months of last year which may be due to a greater number of homes sold this year with a lower price point.  The good news is that there was a sharp increase in homes sold and a reduction in the days on market compared to last year.
(1 comments)

doug anderson real estate broker: Alamo, CA 94507 Foreclosure Report as of July 31st 2010, Doug Anderson, Executive Brokers Real Estate Group - 08/11/10 02:18 PM
The following numbers represent the current foreclosure sold inventory data as well as the current "Active" and "Sale Pending" data for bank owned (REO) properties in Alamo, CA 94507 for the month of July 2010


Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(1 comments)

doug anderson real estate broker: Alamo, CA 94507 Short Sale Report as of July 31st 2010, Doug Anderson, Executive Brokers Real Estate Group - 08/09/10 04:29 PM
The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Alamo, CA 94507 for the period ending July 31st, 2010.


Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(2 comments)

doug anderson real estate broker: Alamo, CA 94507 Real Estate Market Activity 2010 Versus 2009 January Thru June, Doug Anderson, Executive Brokers - 07/22/10 05:33 PM
The following numbers represent the comparison of homes sold from January to June 2009 versus January to June 2010 in Alamo, CA 94507.


Keep in mind that real estate markets are local in nature and there will be micro markets in every town.  Alamo experienced a moderate drop in average home price from the first six months of last year.  The good news is that there was a nice increase in homes sold and a reduction in the days on market compared to last year.
Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be … (7 comments)

doug anderson real estate broker: Alamo, CA 94507 Foreclosure Report as of June 30th 2010, Doug Anderson, Executive Brokers Real Estate Group - 07/16/10 07:34 PM
The following numbers represent the current foreclosure sold inventory data as well as the current "Active" and "Sale Pending" data for bank owned (REO) properties in Alamo, CA 94507 for the month of June 2010. 
 
Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(3 comments)

doug anderson real estate broker: Danville, CA 94526 Short Sale Report as of June 30th 2010, Doug Anderson, Executive Brokers - 07/14/10 03:50 PM
The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Danville, CA 94526 for the period ending June 30th, 2010.


Current market activity in Danville, California 94526 can be found here
Community information for Danville, California 94526 can be found here
(2 comments)

doug anderson real estate broker: Blackhawk, CA 94506 Short Sale Report as of June 30th 2010, Doug Anderson, Executive Brokers - 07/14/10 03:17 PM
The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Blackhawk, CA 94506 for the period ending June 30th, 2010.


Current market activity in Blackhawk, California 94506 can be found here
Community information for Blackhawk, California 94506 can be found here
(2 comments)

doug anderson real estate broker: Alamo, CA 94507 Short Sale Report as of June 30th 2010, Doug Anderson, Executive Brokers - 07/14/10 02:02 PM
The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Alamo, CA 94507 for the period ending June 30th, 2010.

Current market activity in Alamo, California 94507 can be found here
Community information for Alamo, California 94507 can be found here
(2 comments)

doug anderson real estate broker: Cari Anderson's East Bay Mortgage Update for June 17th, 2010 - 06/17/10 01:31 PM
Cari & I work together on the East Bay Mortgage Market Update. Buyers have an excellent opportunity to take advantage of these rates to maximize their purchasing power.

Cari Anderson's East Bay Mortgage Update for June 17th 2010
Economic News:  Tuesday's Housing Market Index (produced by the National Association of Home Builders) showed weakness in the sector post tax incentives.  The index for May was measured at 22 and the initial reading for June is 17.  Wednesday brought the Housing Starts, Producer Price Index (PPI) & Industrial Production.  The Housing Starts results followed up on the Housing Market Index showing weakness … (0 comments)

doug anderson real estate broker: Walnut Creek, CA 94596 Community Information Provided by Doug Anderson, Executive Brokers sm. - 06/03/10 10:32 PM
The following information provides a brief overview of the Walnut Creek, CA community located in the 94596 Zip Code.  This is a general community overview to be followed up on a regular basis by local information on the community & events.
Population Comparison between 94596 & The State of California

Household Breakdown between 94596 & The State of California

Household Income Information for 94596 Compared with The State of California

Median Home Price Data & Net Worth Comparison between 94596 and The State of California

 
(5 comments)

doug anderson real estate broker: Walnut Creek, CA 94597 Community Information Provided by Doug Anderson, Executive Brokers sm. - 06/03/10 10:05 PM
The following information provides a brief overview of the Walnut Creek, CA community located in the 94597 Zip Code.  This is a general community overview to be followed up on a regular basis by local information on the community & events.
Population Comparison between 94597 & The State of California


Household Breakdown between 94597 & The State of California


Household Income Information for 94597 Compared with The State of California


Median Home Price Data & Net Worth Comparison between 94597 and The State of California


(2 comments)

doug anderson real estate broker: Cari Anderson's East Bay Mortgage Update for May 28th, 2010 - 05/28/10 01:15 PM
Cari & I work in conjunction on the East Bay Mortgage Market Update.  Rates have moved up a bit throughout the week but are still phenomenal.  Buyers have an excellent opportunity to take advantage of these rates to maximize their purchasing power.

Economic News:  Wednesday brought us the Durable Goods Orders & New Home Sales.  Durable Goods Orders came in line with expectations and were 18% higher than year ago levels.  New Home Sales were up over 18% and recorded the largest drop in inventory in 42 years.  Thursday's Gross Domestic Product (GDP) numbers came in below the annualized forecast of … (2 comments)