Inventories remain low and activity remains encouraging. A couple more short sales have made their way to the active inventory:
February 28, 2011 Total Bank owned share Short Sale Share
Active 15 0 2
Pending 7 1 1
Sold to date 2011* 8 0 2
*COE 01/01/10 or later
3 more homes went pending this past month – very soon after coming on the market, ranging from 12 to 42 days. It is interesting to note that more than half the active inventory comprises of homes that have been on the market for rather a long time or have come back on the market after being taken off for a period. Fresh inventory which is well priced was picked up quickly!
visit http://www.rubyhillliving.com/ for information on Ruby Hill homes for sale or if you need a realtor for your next Pleasanton, San Ramon, Dublin, Livermore home purchase
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