I truly wish all who read this a wonderful and prosperous New Year. Hope it makes 2016 pale by comparison and it will be your best year ever. Cheers CVC
A kinder, gentler soul coming to grips with who I am and who I want to be
I often read many posts from other real estate agents and they so expressively tell about their day to day occurrences with their clients. My normal reaction, this is not me. But in an effort to let my readers know a little more about me, I am going to make an effort to try to […]
According to Case-Shiller Home Price Index Home Prices Decline in Fourth Quarter 2010
The U.S. National Home Price Index declined 3.9 percent during the fourth quarter, according to the S&P/Case-Shiller Home Price Indices. The National Index declined 4.1 percent compared with the fourth quarter of 2009, the lowest annual growth rate since the third quarter of 2009. As of December 2010, 18 of the 20 MSAs covered by […]
RealtyTrac.com Reports 26% of All Homes Sold in 2010 Were Foreclosures and Their Value Was 28% Below None Foreclosure Homes
According to RealtyTrac.com’s 2010 Year-End Foreclosure Sales Report, nearly 26 percent of all homes sold during the year were foreclosures, up three percent from 2008 and down three percent from 2009. The average sales price of foreclosures in 2010 was 28% less than non-foreclosure home. California, Nevada and Arizona lead with the highest percentage of […]
Calculating the annual percentage rate (A. P. R.)
Anyone who has purchased a home, bought a car or taken out a time repayment loan has come across these three letters, A. P. R. (Annual Percentage Rate), and probably have come away scratching their head trying to make sense of what it actually means. Wikipedia defines it as so: The nominal APR is calculated as: the rate, […]
Number of price-reduced homes increases in January
Home sellers continued to lower their asking prices in January, hoping to entice buyers to move towards a purchase, according to a report by ZipRealty. ZipRealty’s monthly Price Reduction report, which is generated from a review of MLS-listed properties in 26 markets, shows that inventory rose 2.81 percent compared with a year ago, but the […]
March 1, 2011 Continued Tracking of Napa Valley Distressed Properties in the $800,000 to $2M Range, now 8 of 57
Remember from my July 18, 2009 post “Napa Valley Real Estate, a Tale of Two Times Two Markets“ was the number of distressed sales (in foreclosure, a short sale or a bank owned property, REO) increasing for homes priced $800,000 to $2,000,000, especially up valley. By up valley I mean the Cities of St. Helena, […]
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