Looking Closer into the East Bay REO & Short Sale Market
May 23, 2011 by Glen Bell · View Comments
When I was compiling my latest set of East Bay Housing Numbers, I decided to take a closer look at the distressed property market and chart the sales since the beginning of 2007.
The graphs consist of all sales on a month by month basis for both Contra Costa and Alameda Counties. It also shows what portion of sales were distressed property (both REO and Short Sales) since the beginning of 2007 to current April 2011 numbers.
The influence of distressed properties reached their peak during the first quarter of 2009, consisting of 72% to 76% of all sales in Alameda County, and 81% to 83% of all sales in Contra Costa County.
While the number of REO sales has since declined to its current levels, (48% in Contra Costa County and 55% in Alameda County), the number of short sales have gradually increased, now almost as much of a factor on sales as REOs.
Glen Appears on KRON4 as their East Bay Foreclosure Expert
March 22, 2010 by Andy Kaufman · View Comments
Recently we received a call from Kate Thompson w/ KRON4 in regards to East Bay foreclosures. Glen met with Kate and talked about the effects that foreclosures had in a San Pablo neighborhood. If case you missed the clip when it aired, you can check it out below.
Here's the 411… Your East Bay Foreclosure Lists
April 11, 2008 by Andy Kaufman · View Comments
Thing are getting nuts out there.
This week, I’m just uploading all the East Bay Foreclosure / REO Lists at Once for you to download and check out.
We’ve got some big changes coming up that I’m super excited about, so stay tuned.
Photo credit Scott Beale | Laughing Squid
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