Bay Area Jazzlines

I've tracked the pending and active sales in El Cerrito along with 34 other East Bay Cities since July of 2005. Pending and Active Sales give us a better idea on how the market is doing on local levels. At the very peak of the market, during 2004 through the middle of 2005, there were more pendin...

The unsold inventory index has climbed to 6.8 months for the San Francisco Bat Area, based on numbers derived from EBRDI, (East Bay MLS services). We haven't seen relative numbers like this since the late 1990's. The unsold Inventory Index tells us how long it would take to sell the existing supp...

We currently have a 6.5 month supply of homes in the area. How does this compare historically? "A state of equilibrium" is considered 6 months, a point at which you would have an equal number of sellers and buyers. Considerably less, would be considered a "seller's" market, while anything more th...

We, as real estate agents, have access to the MLS, and are able to extract up to the minute information to give us a better clue as to what's really happening in your neighborhoods.However, these bits of information that we are able to pull are only snapshots. Tracking these numbers over time giv...

Prices also up in Alameda County, down Solano County; sales increase in March but down from 2006 - By Barbara E. Hernandez, CONTRA COSTA TIMES.The median price paid for a Bay Area home in March was $639,000, up 3.1 percent in a month's time, bucking the national trend and regaining much of the de...

I have provided the graph above for those of you trying to make sense of the Housing market in El Cerrito. The graph follows Pending Sales and Active Listings on a week by week basis beginning in July of 2005 through January 14, 2007. (Data has been collected from EBRD MLS).Actives - are properti...

"Has the home market hit bottom? That is the key question for the U.S. economy in 2007. According to some housing indicators, there is some light at the end of the tunnel for homebuilders, but that cautious optimism comes with caveats."Read the article found in the January 15, 2007 issue of Busin...