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Category Archives: Lamorinda Real Estate Market Statistics

Getting Zillowed in the Land of Lafayette, CA Real Estate

Although I freely admit to advertising on Zillow because of the consumer success the site has enjoyed since its inception about 8 years or so ago, I never quite understood what really attracted people to the site.  There was always a lot of glitz, but the listing information provided was often erroneous due to …

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Lamorinda Real Estate — Bidding Wars at Fair Market Value

In the last couple of months, the majority of homes that we’ve brought to market have had multiple offers, with a concentration in the price segments below about $1.2M.  The swift change in the market tide has caught buyers off-guard, since it represented such a profound shift from the past several years.  In spite …

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Lamorinda Real Estate Market Forecast For 2012

I’m quietly stirring my healthful cup of green tea this morning as I carefully read the tea leaves and try to carefully craft my predictions for 2012 Lamorinda real estate.  Let’s begin with the broader economy and work our way to greater specificity: 1.  Volatility will persist in the US financial markets:  Volatility is …

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How’s Lamorinda Real Estate Doing vs. the “National Market”?

A flurry of media attention is once again turning to the performance of the “national real estate market” as third quarter performance shows less than encouraging results.  According to a Wall Street Journal article, US home prices dropped 4.7% for the third quarter 2011 over 2010.  A nationwide interactive map shows locally that the San …

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A Look at the Lamorinda Real Estate Market YTD 2011 and What Lies Ahead

Let’s look at our local market as we work our way into the last quarter of the year and near the end of October.  Inventories have decreased significantly from this time last year… running about 25%+ below where they were last year.  In fact, we have been experiencing about 3 months of inventory in …

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Lamorinda’s July Defies National Markets

I couldn’t resist the sensationalized headline to this post, especially since traditional media sources have been relying upon these types of headlines to broadcast how anemic the “national” real estate market has been.  If you are a regular reader of this blog, you KNOW there is no such thing as a “national” real estate …

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June Swoon in the Lamorinda Real Estate Market?

The stats were just released for June real estate sales, and it looks like buyers took a break from the market, while sellers were busy putting their homes on the market.  Let’s start with a broad brush view of what transpired last month. Inventories grew by 12% over May, but are running about 10% …

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Does Anyone Really Know What’s Going On in the Lamorinda Real Estate Market?

I apologize for the brief break in the continuity of my normally frequent blog posts.  The truth is that I’ve been swamped with real estate work, and getting that done is the first priority.  Quiet moments for reflection and writing have been few and far between the last couple of weeks.  With that said, …

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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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Time to Jump into the Lamorinda Real Estate Market!?

It’s easy to be negative about the economy and the real estate market.  After all, we’ve traversed economic territory over the last several years, previously unseen by anyone since 1929 and the Great Depression.  Our recovery has been sector-specific, and many people are still unemployed or under-employed.  If you were to spend time down …

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