Larry "Fly" Young Brentwood Real Estate

During the past few weeks the sales activity and offers on short sale listings has significantly increased. Every day this week I've received calls inquiring on the availability of our office's short sale listings and have seen multiple offers on almost every listing. It appears that buyers and their agents feel that ...

  The table below shows some interesting year-to-date sales versus current pending and active listings data for Eastern Contra Costa county.  Agents, prospective buyers and the media are all reporting increases in home sales activity.City/ LocationSold Since 1/1/08PendingActive ...

On March 13, Ocwen, one of the major loan servicing companies, announced that it will no longer negotiate short sales. This decision includes all pre-existing short sale contracts in which Ocwen has not finalized settlement agreements between its borrowers and potential short sale buyers of the distressed ...

Distressed properties make up 60% of today's listings in eastern Contra Costa real estate market. Of 3908 active listings, we have 1276 foreclosed (REO/bank owned properties) and 1078 short sales. Since nearly half of the distressed property listings and one-third of all active listings are short sales, many buyers are ...