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Category Archives: Lafayette CA Real Estate Forecast

Why the time may be right in Lamorinda Real Estate…

The national media jumped all over last week’s Case-Shiller data announcement that real estate markets had dropped to 2002 pricing levels and that we were entering a “double-dip” period of the housing market decline.  Bad news sells, and the media hounds were all over this one. It’s important to look at matters like this …

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The Lamorinda Real Estate Market – Spring 2011 – April Sales

We’ve officially got the first real month of the typically vigorous Spring market completed, and the sales data has just been released. Let’s take a look at it’s overall performance within the Lamorinda real estate community: The Lamorinda April 2011 Market April 2011 inventory is down about 18 percent from April 2010, however sales are …

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Lamorinda — Spring 2011… A Buyer’s or Seller’s Market?

Sometimes there is a precarious equilibrium that exists between a buyer’s vs. seller’s market.  I hesitate to suggest that there may be a subtle shift occurring in our Lamorinda real estate market, but there certainly are some signs of subtle change… perhaps only for a brief period of time.  A recent column in the Wall …

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Confounded with Lamorinda Real Estate

Every once in awhile, I just have to scratch my head and wonder what some agents are thinking when they price and market real estate. Perhaps, I’m just too darn idealistic about the importance of trying to maximize a client’s proceeds upon sale in this sometimes challenging market.  Clearly, these principles don’t seem to …

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2011 Lamorinda Real Estate… Hitting Bottom and On Its Way Up?

If we assume that Lafayette real estate and the surrounding Lamorinda real estate communities mimic the overall trends of 47 other national markets, we have officially hit bottom.   Moody’s Analytics tracks the ratio of median home prices to annual household incomes in 74 markets. Based upon that data, the affordability of housing has now …

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Lamorinda Real Estate — A Look Back and a Look Forward Into 2011

Emerging from the dark catacombs of the 2009 recession, we all began 2010 with uncertain expectations about the local real estate market.  The Lamorinda real estate market was propelled in 2010 by our most affordable housing inventory – principally homes in the $800,000 – $1,200,000 price range.  Much of the demand for these homes …

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Being Real about Lamorinda Real Estate

As we enter the beginning of the holiday season, we are also embarking upon what is typically the slowest stretch of the annual sales cycle.  Interestingly, we have been contacted numerous times in recent weeks by prospective clients on both the buyer and seller side.   My counsel to buyers has been far more …

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Lamorinda Real Estate… It’s the Economy…

One doesn’t need to be a junkie of economic news to know that the long-awaited economic recovery has not yet arrived.  We may be seeing its light at the end of the tunnel, but its a long tunnel and my distance vision isn’t quite what it once was. Yale economist, Robert Schiller, (best known …

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The 25,000 Foot View of the Market and Zooming In…

With summer winding down and being on the cusp of the fall real estate market, I thought it would be a good time to take fresh look at the market.  A traditionally busy vacation month, August has been a relatively slow month in Lafayette real estate, as well as in the greater Lamorinda real …

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Lamorinda Real Estate… When Market Statistics Don’t Fit.

In recent months, I’ve talked a lot about the performance of Lafayette real estate and the surrounding areas, often drawing upon objective sales statistics to underscore and substantiate the points I’ve made in the post.  With that said, statistics work best when there’s a large pool of data available.  So, in the case of …

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