Weekly Real Estate Market Watch: September 27-October 4, 2011

San Benito County Weekly Market Watch

Look at all those real estate homes that were sold to first-time home buyers, investors, and buyers looking for a change in the Hollister and San Benito County area.  Majority of the homes SOLD in the last week of September were short sales, which confirms that short sales are leading the home sales in the area.  Eight homes were over $300,000, so buyers are taking advantage of the low rates and great home values.  The status changed from active to pending is equal for short sales and bank owned, and getting a home is most important rather than WHO is selling them such as: bank, investor, borrower, etc.

*Remember that the nationwide real estate market does not mean it is your real estate market, use your local real estate agent. For San Benito, Santa Clara, and Monterey real estate questions ask Kristen Jurevich, Realtor, CDPE, with Intero Real Estate Services 831.635.6719

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