Pending Bay Area Home Sales Point to Spring Sellers Market

Pending Bay Area Home Sales Point to Spring Sellers Market

The Pleasanton housing market appears headed for a strong spring season. After a brief setback in December, the National Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. Inventory and Days on Market Numbers Low The data puts pressure on … [Read more...]

Surge in Octobers Housing Strength- Danville, CA “Deals” Running Thin

Surge in Octobers Housing Strength- Danville, CA “Deals” Running Thin

  If you're waiting for Danville CA home prices to reach its bottom, you may have missed your window. Best Housing Number Since the Home Buyer Tax Credit Expiration After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the … [Read more...]

Bay Area Home Buyers-Home Sales Unexpectedly Spike In May

Bay Area Home Buyers-Home Sales Unexpectedly Spike In May

The summer housing market is heating up. According to data from the National Association of REALTORS®, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May. Wall Street calls were for an increase of just 0.5 percent. Stronger than Expected New … [Read more...]

Bay Area Home Buyers in the Driving Seat- Summer Market Sluggish

Bay Area Home Buyers in the Driving Seat- Summer Market Sluggish

Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April. Summer Forecast is Gloomy Like the Bay Area Weather The monthly index is published by the National Association of REALTORS® and measures the number of homes on which new contracts have been written. … [Read more...]

Seller’s in the Bay Area Housing Market Looking to Have an Advantage This Summer

Seller’s in the Bay Area Housing Market Looking to Have an Advantage This Summer

The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. A "pending home sale" is a home under contract to sell, but not yet closed. The Pending Home Sales Index rose 5 percent in March, posting its second-highest reading since April 2010. Not … [Read more...]