Foreclosures in Pleasanton:
NODs (notice of default) declined in March after being on an upward trend for the previous two months.They were down by over 53% as compared to the same time last year. NOS’s (notice of sale) were down from February and the previous year by significant numbers. There were 3 NOS’s and 5 NOD’s in the million plus price range as in the previous month.
The number of properties in the preforeclosure (properties that have had a notice of default filed against them) declined from the previous month,but were considerably higher than the same time last year. Properties scheduled for sale and bank owned inventories were down by both comparisons. by 26.68% over last year, whereas those scheduled for sale fell from the previous month and year. There were a total of 74 bank owned properties in Pleasanton.
Wrap-up
The bay area continued to add jobs in March, and real estate inventories remained low. Properties priced under one million sold quickly throughout the bay area including, Pleasanton. Investors have been gobbling up properties in Dublin and Livermore in the under $400k price range. Pleasanton obviously does not have much to offer in these lower price ranges. The stock market has continued to do well and the buyer confidence seems to be returning as interest rates remain low. Foreclosure inventories have been declining and fewer bank owned homes have shown up on the Pleasanton market. The local real estate market seems to be looking to brighter days ahead.
If you are thinking of buying or selling a home in Pleasanton, please contact Anju@anju4homes.com or visit http://www.anju4homes.com/ for more information
NODs (notice of default) declined in March after being on an upward trend for the previous two months.They were down by over 53% as compared to the same time last year. NOS’s (notice of sale) were down from February and the previous year by significant numbers. There were 3 NOS’s and 5 NOD’s in the million plus price range as in the previous month.
The number of properties in the preforeclosure (properties that have had a notice of default filed against them) declined from the previous month,but were considerably higher than the same time last year. Properties scheduled for sale and bank owned inventories were down by both comparisons. by 26.68% over last year, whereas those scheduled for sale fell from the previous month and year. There were a total of 74 bank owned properties in Pleasanton.
Wrap-up
The bay area continued to add jobs in March, and real estate inventories remained low. Properties priced under one million sold quickly throughout the bay area including, Pleasanton. Investors have been gobbling up properties in Dublin and Livermore in the under $400k price range. Pleasanton obviously does not have much to offer in these lower price ranges. The stock market has continued to do well and the buyer confidence seems to be returning as interest rates remain low. Foreclosure inventories have been declining and fewer bank owned homes have shown up on the Pleasanton market. The local real estate market seems to be looking to brighter days ahead.
If you are thinking of buying or selling a home in Pleasanton, please contact Anju@anju4homes.com or visit http://www.anju4homes.com/ for more information
No comments:
Post a Comment