Living in Contra Costa County

Brentwood Ca Home Sales – 2011

Brentwood Ca Home Sales – 2011

Brentwood Ca Homes are very popular. The biggest discounts have been in Bank Owned Homes.

My gut feeling is that we are having fewer Bank Owned Homes and more Traditional Sales.

So I took a look at the different types of sales each month and compared.

Brentwood Home Sales

The spread sheet for Brentwood Home Sales month by month in 2011 is to the right. It shows sales by sale type as well as percentage. The charts below also covers the sales.

Brentwood Home Sales Type

Brentwood Home Sales by %

There has not been a big change in number of sales, but even a small change in the number of sales can have an impact on pricing.

It appears as a percentage Bank Owned Home sales are falling and that Short Sales and Traditional Sales are taking their place. This will contribute some what to a price increase in homes.

However, no matter what type of Home Sale when you Buy a Home in Brentwood you are getting a great buy.

This post is part of the:

Real Estate Recovery or Not?
2012 Predictions By the Pro’s Infographic

Take a look at these fine Brentwood Homes and give me a call at 925-260-4321.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

3 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • March 30 2012 08:58PM

Brentwood Real Estate Market - What is the “Absorption Rate”?

Brentwood Real Estate Market

I often use the term Housing Supply or Supply rather than Absorption, but if you are interested in the Brentwood Ca Real Estate Market you need to understand the term Absorption.  Read this post and let me know what you think.

For more information on the Real Estate Market in Brentwood Ca or beyond go to Home Point Real Estate.

Via Myrl Jeffcoat (Real Living Great West Real Estate):

 

 

It’s not often that I am asked the question, “What is the real estate ‘absorption’ rate?”  But, occasionally the question will arise.

 

The question is one sometimes asked by folks interested in buying or selling real estate; or for those simply interested in current market condition.  The term, “real estate absorption rate” is used to help predict the housing market. 

 

The general public sometimes hears the label used via the media, but they don’t often have the data to translate it into meaningful information.  The real estate absorption rate helps the public more accurately determine whether it is a buyer’s or seller’s housing market.


 

In a “Normal Market” the absorption rate is between 5 and 6 months.  In a “Buyers Market” the absorption rate is higher (7+ months).  But in a “Sellers Market” the absorption rate is lower (1-4 months).

 

A clearer definition of real estate absorption rate is to ascertain the number of months it will take to sell all homes currently on the market.  If the inventory of homes presently on the market is a 12 month supply, it would mean at the current rate of sales, the market would need 12 months to clear the inventory, IF no additional homes came on to the market.

 

Being aware of the real estate absorption rate assists in creating perspective for homebuyers and sellers.  It educates sellers so they can have realistic expectations about pricing their home for the market.  By being competitive in price, they improve their odds of having their home sell quickly.  Sometimes while making an offers on homes, buyers will use the absorption rate to obtain a lower price during negotiation.

 

It should be remembered however, that outside influences may dramatically affect the predictability of real estate absorption rate.  For example, government policies and programs can either stimulate or wither the marketplace.   An improved job market would have a significantly positive effect on the economy, which could spur buying and quickly clear out housing inventory and change the absorption rate picture. 

It is important that serious homebuyers and sellers understand their local real estate market, and trends for their area, in order to make informed decisions regarding their real estate needs.

 



Real Living Great West Real Estate
(916) 635-0420
http://www.myrljeffcoat.com

 

 

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 11 2012 12:36PM

Brentwood Ca Home Sales 94513 – For 2010 and 2011

Brentwood Ca Home Sales 94513 – For 2010 and 2011

Brentwood Ca Homes are some of the most popular Homes in East Contra Costa County. Brentwood offers some of the nicest and most affordable homes for the money in Contra Costa County.

Often times I look at trends from month to month and can miss the big picture of long term trends. Well here are some charts and figures for the last two years on a quarterly basis.

These numbers are for Single Family Homes in Brentwood – under one acre. There is probably still some reporting due on for the 4th quarter of 2011, which could alter the numbers.

Prices and number of sales on Brentwood Homes are up and down, tending to spike in the summer. There has been a gradual price decrease on a SF basis over the last two years. However, this should not be viewed as a downward trend in the Brentwood Ca Real Estate Market. Brentwood Ca has excellent well priced large homes, some of the best buys on Large Homes in Contra Costa County. Large Homes tend to sell for less on a SF basis and I think Large Brentwood Ca Home Sales have picked up as people looking for an excellent quality of life at a good price are moving to Brentwood Ca.

Brentwood CA Home Sales

Look at these numbers, look at this chart, look at these homes and give me a call at 925-260-4321.

Brentwood Real Estate Market Trends

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

4 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • December 27 2011 06:49PM

Homes for Sale Brentwood California 94513

Homes for Sale Brentwood California 94513

If you are looking at Homes for Sale in Brentwood California 94513 consider these figures. The number of Homes for Sale in Brentwood California 94513 that sold jumped over 17% in March from February. Prices were up slightly on a SF basis on homes sold from $130.00 to $131.00.

Homes for Sale in Brentwood California 94513 are very popular. The supply of Homes for Sale in Brentwood California 94513 is less than a 3 month supply of Homes for Sale on the market, which is a sellers market.

However, there may be other causes for the jump in sales. Homes for Sale in Brentwood California 94513 are very popular and Brentwood is the finest community in East Contra Costa County. I suspect that of the Homes for Sale in Brentwood California 94561 will continue to go up in price as quality homes in move in condition are more in demand. Investors are still buying fixer Homes for Sale in Brentwood California 94513 will continue to improve home values as they will invest money into fixing up these distressed homes.

There are a lot of factors that go into the prices of Homes for Sale, never take one number and try to read too much into it, but look at all the trends and realize that many of these things vary from month to month and season to season. Often times you cannot spot a trend until it has passed.

If you are looking at Homes for Sale in Brentwood California 94513 or beyond; or are considering selling a home go to HomePointRealEstate.com for more information or e-mail me directly.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

4 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • April 15 2011 07:01PM