Don’t Pay Attention to the Drop in Foreclosures
As you see in the graphs below, the number of foreclosures in the Bay Area dropped dramatically during September and October. Does this mean the worst is over? NO!
This drop refelcts the implementation of new California legislation that took effect September 1. As of 9/1/08, lenders had to […]

The Months of Inventory increased by .78 of a month, up .21% compared to October 2, 2008
The increase was from 3.74 months to 4.54 Months of Inventory.  Only two areas had a reduced number compared to twenty-five areas had an increased number. The highest number of pending sales were in Oakland with 323, 5.25 Months […]

MONTHS OF INVENTORY as of October 2, 2008 - a snapshot of where the market is today.  The latest numbers show a 11% decrease compared to thirty days ago.  In these twenty-seven areas 18 decreased, 8 increased and 1 stayed the same. You need to look at the last three months to see a trend […]

East Bay Housing Inventory for 27 Communities
The total Months of Inventory has been holding fairly steady for the past several months with August 3rd showing a 4% decrease for the twenty-seven communities compared to July 2nd.  Seventeen were lower, nine higher and one even with last month.  Overall active listings decreased by 3% and pending […]