Weekly Market Watch: April 19, 2011

New listings are coming on the market as San Benito County nears the Easter holiday and Spring Break with short sales.  Our county is following the nationwide trend of about 68% of the market for sale are short sales.  Homeowners are realizing the possibility of buying in the near future, so they do not want to be late on their mortgage payment.  California is starting to recover with an lower mortgage delinquency rate in the past four years, according to Quick Data.  Seems as if Hollister maybe starting to recover as well with short sales and traditional homes priced to sell.


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