June Mountain House market trend

95391, Tracy Homes For Sale

The median sales price for homes in Mountain House CA for Mar 09 to May 09 was $315,500. This represents an increase of 0.2%, or $500, compared to the prior quarter and a decrease of 20% compared to the prior year. Sales prices have depreciated 33.6% over the last 5 years in Mountain House.

The average listing price for Mountain House homes for sale on Trulia was $298,036 for the week ending Jun 03, which represents an increase of 3%, or $8,721, compared to the prior week and an increase of 0.7%, or $2,164, compared to the week ending May 13. Average price per square foot for Mountain House CA was $119, a decrease of 24.2% compared to the same period last year.

Online resources for foreclosure shoppers

For everyone looking for foreclosure bargains, there are many comprehensive paid websites as well as some free websites to choose from.

Paid sites include:

Foreclosures.com $49.95 per month
Foreclosure.com $39.95 per month
Realtytrac.com $49.95 per month 4 months minimum

All of these have a free trial period.

Free sites include:

Movoto.com
Cyberhomes.com

Online discussion sites with Answers sections include:

Trulia.com
Biggerpockets.com
Foreclosuretruth.com

And of course, ActiveRain.com gives you everything you want to know about real estate.

Happy Shopping!

New short sale program for homeowners

According to the National Association of Realtors, the government announced a new program today that is designed to provide a uniform process for handling short sales. The Making Home Affordable Program provides incentives for junior lien holders as well as relocation expenses for homeowners. There will also be a standardized timeline and documents for the short sale transaction. To read full details, please go to http://www.realtor.org/press_room/news_releases/2009/05/short_sales_process

Mountain House April Number of Listings

Number of Listings for Mountain House is at an all time low. The banks have not released a lot of REOs and competition among buyers are fierce. Most listings are pending within a week and even not quite as popular short sales are gaining interests. New home builders in the community are also being resorted to as some buyers are simply fed up with bidding wars for bank owned homes. A few pointers for buyers:

• secure your finances before shopping for a home so that you will be able to act right away when the right house comes along.
• get pre-approval letters and documents ready such as proof of funds
  
• find a local agent in the area; this is especially important as these agents will often become aware of what is available as soon as it becomes active, sometimes even before it comes on the market

It is hard work to get the house you want at a bargain price these days when compared to a few months ago. Do your homework, be prepared to sign a few contracts and patience is definitely needed. A lot of it.

Mountain House Homes For Sale Get this Widget

Dwellicious.com - The cool new way to shop for homes

Dwellicious is a social bookmarking site for people to organize, share, and discuss the search for their next home. Dwellicious is a combination of the word “dwelling”, meaning home, and “delicious” meaning yummy!

Now you can share your home search experience with anyone you like, friends, family, your real estate agent, etc...Just like you would with a photo album! But wait, there's more...

Dwellicious lets you search for homes you are interested in, bookmark them and with their cool tools feature, you can find out stats about the home such as comps, history including price changes and photo updates. Your friends can also leave any comments on your home search.

Don't wait any longer, check it out for yourself! And while you're at it, check out my picks of the week for Mountain House, Tracy and Patterson. http://dwellicious.com/bayarea