From reader Mike Flaherty: It is informative to know how builders feel about their industry. Is their any direct correlation to the stock market or the overall economy? I love smart questions! Direct correlations are difficult, especially for a truly unique situation we’re in right now (And I would say yes, there is an effect [...]
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According to DataQuick Information Systems Inc., the East Bay housing market had a tough June. No surprise to real estate agents, brokers and title agents, who have been watching this rollercoaster since last year. Although all counties experienced a drop in sales from last year, Solano County experienced the worst June in 19 years. Prices [...]
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According to the National Association of Home Builders, builders lost confidence in the housing market — the lowest point since January 1991. Now, what does that mean? It means they don’t feel that great about crappy sales and huge amounts of inventory. The NAHB puts out a monthly survey to measure attitudes about the next [...]
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I was looking at listings and realized there’s not a lot of million-dollar homes. I don’t meant $1.1 million or $1.25 million, there’s plenty, but straight-up $1 million. The closest I found was this home in Antioch for $1,000,001. Why the extra $2? Doesn’t America want a bargain at $999,999? Doesn’t that sound so much [...]
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Would you like a “Katrina Cottage?” For those interested in creating a smaller footprint, the homes start at 544 square feet. But I like this one, the little mint-green KC 697 sans wrought-iron fence, because it reminds me of a coastal getaway. Plus I love high ceilings and porches that are big enough to use. [...]
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It’s time again for our monthly feature: Cheap Houses in the East Bay, or as it’s called sometimes internally, The Good, the Bad and the Ugly. You decide which is which! Here’s July 2007′s installment. (With information and photos from ZipRealty.com, which requires registration.) In Contra Costa County, we again look to Richmond for the [...]
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