Here is another Napa Valley town’s 2011 residential real estate sales statistics. This time I have chosen Yountville, arguable the heart of the Napa Valley. Yountville besides being such a gastronomic hot spot has been a place well know and a favorite for both residents and those who purchased second homes here. In my estimation, approximately half who reside here are full […]
Napa County real estate stats for 2011
Here are the stats for 2011 for the Napa Valley The most significant thing to note is the consistency of the number of sales, the dwindling inventory but the fact prices have remain flat from 2010 to 2011. The other very interesting stat is the static days on market. This is due primarily to the […]
Hope for real estate in the Napa Valley, number of Napa County foreclosures at four year low
The number of Napa County foreclosures in 2011 are at a four-year low. From the Napa County Assessors office there were 1,087 property owners here who received a Notice of Default (NOD) in 2011 compared to 1,173 in 2010. A notice of default may be filed after an owner is 90 days delinquent in payments, […]
Loss in home values for U. S. homeowners continues in 2011, estimate nearly $700 billion
U.S. homes set to lose nearly $700 billion in value during 2011 U.S. homes are expected to lose more than $681 billion in value during 2011 – 35 percent less than the $1.1 trillion lost in 2010 – according to analysis of a recent Zillow Real Estate Market Reports. The bulk of the total value […]
Finally some good news about real estate sales in California and here in the Napa Valley
The total number of residential sales in the Napa Valley for 2011 is 1,429 which is 6.5 percent increase over last year. Below is a ten year look at residential sales in Napa County. California pending home sales post higher for seventh straight month California pending home sales fell 9.1 percent in November but were up from […]
Some interesting statistic from the 2011 NAR Profile of Home Buyers and Sellers
The charts and graphs below are from the 2011 NAR Profile of Home Buyers and Sellers. Some of the interesting facts I thought as looking at these: the dramatic increase in the number of home buyers using agents from 2009 to 2011, 22% the importance of belong to professional groups ( the alphabet soup some agents use), […]
As of the end of the second quarter 2011, CoreLogic states nearly 11 million American homes are underwater
Nearly 11 million homes are underwater in America as of the end of the second quarter of 2011, according to CoreLogic data. In response to the widespread illness of homes with negative equity, Credit Sesame created an interactive graphic to illustrate how each state stacks up. The Western region and the Southeastern region have been […]
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