Weekly Real Estate Market Watch April 3-10, 2012

Over the last week 60% of the properties that SOLD in San Benito were between $200-000 and $300,000, and half of the properties were normal sales.   Hollister has seen an increase in home inventory compared to the previous months, and the sellers are getting close to asking price.  However there has been a 20 day increase in the average days on the market.  The delay in home selling could be due to lending, as it typically takes 45 days to close a loan after the short sale approval (typically 45 days).

Loan rates have increased over the last week, but overall it is still a good time for buyers to buy property.  Hurry and contact Kristen Jurevich (RealtorKJ)with Intero Real Estate Services for a free list of foreclosures or a free market analysis of your home at 831.635.6719.  Check back for updates on programs.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s