Luis Cano's Monterey County Real Estate Blog

Click on link to read article. http://www.entrepreneur.com/money/person…

Pease click this link to see a Quarter by Quarter real estate report for Monterey County 2009.
 http://spreadsheets.google.com/pub?key=t…

Current inventory of homes for sale in Monterey County is 1524 homes. 225 homes were sold in February at an average Sale price of $396,900. Average days on the market were 91 days.

This link will take you to a market report for Home Sales in Seaside CA, 93955. Have fun!
Seaside, CA 93955 Home Sales Report 2000 – 2009

By following the link you will find a report on home sales for Marina California from the year 2000 to 2009. Hope you find it helpful!
Marina, CA 93933 Home Sales 2000 – 2009

I got a couple of phone calls from past clients in the last 30 days, with questions about their mortgage payment increasing. On one, the reason was a Protection Plan He got for free for the first year, but after the first year, it would cost $78, + a Month. He called the lender to cancel it, and that is over. On the second we are still trying to find out why it went up by $8.00 Dollars. Worth noting that it is with the same lender (Bank of America)
If you have a similar experience, we would like to hear it!

A quick review of January: New Listings 468, Current inventory 1433, Closed Sales 231, Days on The Market 69, Average Sales Price $390,863. Median Sales Price $250,000. Percentage of List Price Recieved 97.56%. Total Sales Volume $90,289.461. and all this happened in January 2010.

Until February, I will try to simplify it.

Thanks,

Luis

Las casas se estan vendiendo en grandes cantidades.
De acuerdo con la Asociacion Nacional de REALTORS®, los Estados Unidos esta en posicion de vender 4.68 Millones de casas este año. Eso pondria al 2009 como uno de los 5 mejores años en ventas en la historia de Estados Unidos. El Mercado indica que probablemente ya tocamos fondo.

Veamos la diferencia que hace solo el 1% en estos prestamos:

Prestamo Tipo de Prestamo Tasa de Interes Pago Mensual.
$250,000.00 30 Años Fijos 5% $1,342.05
$250,000.00 30 Años Fijos 6% $1,498.88
$250,000.00 30 Años Fijos 7% $1,663.25
El tiempo para comprar es hoy!

By following the link below you will find all recorded sales in Monterey County for The First, Second and Third quarters of 2009.

Click here to see report

The $8,000 tax credit expires November 30Th.  Will it be extended? Probably! What if it wasn’t extended. Will you still buy a home? Prices are still low and so are interest rates.