The East Bay has seen a significant decline in the average value of homes over the past year; however we are seeing more buyers than the previous weeks.
The percentage of foreclosures is still growing in the East Bay, with Antioch been the hardest hit community followed by the Brentwood area. The number of properties in […]

Will the Fed’s rate cut last week lower mortgage interest rates? ARM’s maybe, 30 year – probably not.
ARM’s are more closely linked to the Fed short-term rates and LIBOR.
Long-term interest rates are tied to the inflation rate and concerns about inflation. The Fed cut rates to help stimulate the economy, stimulation increases inflation concerns, inflation […]

It’s Spring and the inventory of houses for sale in the East Bay is increasing. This is a seasonal norm.
This year’s Spring selling season has a couple of twists over last year’s. In 2007, just as the Spring season was ramping up, the subprime loan meltdown was starting to show it’s face.
The high point of 2007’s […]

Spring is almost here and buyers are making their mark on the East Bay  markets.  Months of Inventory is down 29% compared to a month ago, 7.30 months vs. 10.33 months on February 1st. The low is Moraga with 2.05 months and Hayward is the high with 11.24 Months of Inventory.  Twenty-seven communities are included […]