Consumer Sentiment Surges to 3 Year High

Lower oil and gasoline prices and favorable economic news propelled the consumer sentiment indes to its highest level in 3 years, providing more evidence that the U.S. economy is poised for more growth in 2007. The preliminary January reading on sentiment by the Reuters/University of Michigan Surveys of Consumers rose to 98.0 from 91.7 at…

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Pleasanton December Market Update

After a surge in activity in November, the Pleasanton real estate market quieted down in December. Sales were down from November, which is to be expected given the holidays, and the inventory of available homes continued to decline after peaking in July. In homes under $1 million, pending sales showed a decline in December after…

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East Bay Jobs Hit Milestone

Real Estate bubble? Not likely. Friday’s report that the East Bay employment base surpassed the 1 million mark in December, making it the largest employment base in the Bay Area, shows continuing strength in the East Bay economy. San Francisco and the South Bay were both under the 1 million mark. So much for the…

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East Bay Market Outlook

Ok…here we are in the first few days of the New Year. Along with the deluge of diet and health club ads we get predictions for what this year will bring for the Pleasanton area and East Bay real estate markets. We know one thing for sure… there is no consensus. Some see a market…

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Days on Market – A Worthless Statistic?

There is a continuing debate in the Real Estate industry regarding Days on Market (or DOM) and the practice of “relisting” homes for sale. In short, when you see DOM statistics currently, they are largely meaningless. The reason is that many realtors “relist” listings if they have not sold and have been on the market…

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The 680 Blog 2006 Archives

To View Archives for Prior Posts for the year 2006, simply click on this link http://680homes.blogspot.com/

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