Livermore, CA

November 14, 2008 - 42 REO Bank Owned Foreclosures in Livermore CA sold and closed during October. 35 were single family homes and 7 were attached homes (condos, duets and townhomes).*

· The 35 detached single family homes that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $250,000 and a high sales price of $799,900. The median sale price for foreclosed home sales in Livermore for this period is $349,900. These homes were on the market an average of 29 days.

· The 7 attached homes (including condos, duets and townhouses) that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $130,000 (for a 1 bedroom, 1 bath with 674 sq. ft.) and a high sales price of $343,000. The median sale price for REO foreclosure townhouses in Livermore CA, REO foreclosure duets in Livermore CA and REO foreclosure condos in Livermore CA for this period is $225,000.

November 14, 2008 - There are 52 REO Bank Owned Foreclosures in Livermore CA currently pending sale in the MLS.

· 12 are condos, duets or townhomes that were listed at $174,900 (for a 2 bedroom, 1 and a half-bath with 982 square feet) to $383,900 (for a 3 bedroom, two and a half bath condo with a reported 1,385 square feet)

· 40 are detached single family homes that were listed at $209,900 to $1,099,900

November 14, 2008 - CURRENT INVENTORY - There are 96 REO Bank Owned Foreclosures in Livermore CA currently being offered through the MLS.

· 21 are duets, condos and town homes, listed at $101,900 (for a 1 bedroom, 1 bath with 758 square feet) to $439,900 (for a 3 bedroom, two and a half bath with 1,625 square feet)

· 75 are detached single family homes, listed at $156,900 to $980,000

To see details on the current inventory of Bank Owned Foreclosures in Livermore CA including photos, address, price, age, building type, etc., click to request a current list of foreclosures in Livermore CA and to receive new listings for foreclosures as they come on the market!

For more information on these, or other homes of interest in Livermore CA, please contact Vickie Nagy at (925) 407-7987 or Vickie@BestTriValleyHomes.com

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Livermore, Walnut Creek and Concord. Search the MLS - Empire Realty Associates

Visit Foreclosures in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

October 20, 2008 - 78 REO Bank Owned Foreclosures in Livermore CA sold and closed during the 3^rd Quarter (July 1, 2008 through September 30, 2008). 67 were single family homes and 11 were attached homes (condos, duets and townhomes).*

· The 67 detached single family homes that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $224,900 and a high sales price of $820,000. The median sale price for foreclosed home sales in Livermore for this period is $367,900. These homes were on the market an average of 47 days.

· The 11 attached homes (including condos, duets and townhouses) that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $150,000 (for a 1 bedroom, 1 bath with 828 sq. ft.) and a high sales price of $350,000. The median sale price for REO foreclosure townhouses in Livermore CA, REO foreclosure duets in Livermore CA and REO foreclosure condos in Livermore CA for this period is $249,000.

October 20, 2008 - There are 56 REO Bank Owned Foreclosures in Livermore CA currently pending sale in the MLS.

· 11 are condos, duets or townhomes that were listed at $109,900 (for a 1 bedroom, 1 bath with 758 square feet) to $448,900 (for a 3 bedroom, two and a half bath condo with a reported 1,744 square feet)

· 45 are detached single family homes that were listed at $214,900 to $999,900

October 20, 2008 - CURRENT INVENTORY - There are 22 REO Bank Owned Foreclosures in Livermore CA currently being offered through the MLS.

· 15 are condos and town homes, listed at $174,900 (for a 2 bedroom, 1 and a half-bath with 982 square feet) to $439,900 (for a 3 bedroom, two and a half bath with 1,625 square feet)

· 59 are detached single family homes, listed at $180,500 to $1,099,000

• 6 are duets, all with at least 3 bedrooms, listed at $274,900 and $432,288

To see details on the current inventory of Bank Owned Foreclosures in Livermore CA including photos, address, price, age, building type, etc., click to request a current list of foreclosures in Livermore CA and to receive new listings for foreclosures as they come on the market!

For more information on these, or other homes of interest in Livermore CA, please contact Vickie Nagy at (925) 407-7987 or Vickie@BestTriValleyHomes.com

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Livermore, Walnut Creek and Concord. Search the MLS - Empire Realty Associates

Visit Foreclosures in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

October 20, 2008 - 38 Short Sales in Livermore CA sold and closed during the 3^rd Quarter (July 1, 2008 through September 30, 2008). 32 were single family homes and 6 were attached homes (including condos and townhomes).*

· 32 detached single family homes sold from a low of $190,000 to a high of $974,500. The median sale price of short sales in Livermore CA is $511,000 for single family homes after an average 62 days on the market.

· 6 attached homes (including duets and townhouses) that were short sales in Livermore CA that sold had a low sales price of $290,000 (for a 3 bedroom, 2 and a half-bath with a reported 1,322 square feet sq. ft.) and a high sales price of $420,000. The median sale price for short sales in Livermore CA and short sale duets in Livermore CA for this period is $372,499

October 20, 2008 - There are 67 Short Sales in Livermore CA currently pending or under contingency contract on the MLS.

• 47 are detached single family homes that were listed from $224,950 to $998,000 (a 4 bedroom, 3 and a half bath home with a reported 3,732 sq. ft. in Vinsanto)
• 20 are attached homes (condos, townhomes, duets and patio villas) that were listed from $127,500 (for a 1 bedroom, 1 bath with a reported 674 sq. ft.) to $430,000 (for a 3 bedroom, 2-1/2 bath patio villa with a reported 1,350 square feet.)

October 20, 2008 - CURRENT INVENTORY - There are 106 Short Sales in Livermore CA currently being offered through the MLS.

· 26 are condos, townhomes and duets listed from $117,000 (for a 1 bedroom, 1 bath with a reported 690 square feet) to $499,000 (for a 3 bedroom, 2 and a half bath condo with a reported 1,744 square feet). For attached homes, the median price of short sales in Livermore is $285,000.

· 80 are detached single family homes, listed from $199,900 to $1,399,000. For single family detached homes, the median price of short sales in Livermore is $477,500.

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To see details on the current inventory of Short Sales in Livermore CA, click to request a current list of short sales in Livermore CA and to receive new listings for short sales as they come on the market!

For more information on these, or other homes of interest in Livermore CA, please contact Vickie Nagy at (925) 407-7987 or Vickie@BestTriValleyHomes.com

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Livermore, Walnut Creek and Concord. Search the MLS - Empire Realty Associates

Visit Short Sales in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Agents try a new tactic!

Recently a new phenomenon has appeared in the local real estate market in the tri-valley.

Many homes in Livermore and homes for sale in Pleasanton are affected.

Several homes have come onto the market at very deep discounts. These are bank owned properties or “REO”s. The asking price is so low that it does not really reflect the true value of the home. For example, a property in Livermore bank owned and 2100 square feet was listed at an asking price of $330,000. The last home similar to it sold and closed for $550,000 one month ago. There currently exists two others similar on the market for the low $500,000s. By listing the property at an artificially low price, the bank and listing Agent aims to get a lot of excitement and activity immediately and therefore generate multiple offers. The house I give as an example genrated over 20 offers in only 4 days on the market! The idea here is to have buyers ‘bid up’ the price by competing with one another!

There is nothing wrong with this of course nor is it unethical, but I do believe that innocent buyers who believe that they are seeing a great deal need to be counseled that their chance of being successful on purchasing one of these homes at these discounted prices even if they offer full or over asking price is unlikely, moreover they are sometimes being led into the competitive bidding war.

Take care before you make an offer to purchase. Make sure you see the last 2 months sales in the neighborhood of similar homes. We are still in a declining market but if something seems too good to be true, probably it is....

It's once again time for Livermore Downtown Inc.'s 22nd annual Downtown Trick or Treat Night to be held on Wednesday, October 29th. from 4pm-7pm. The Livermore Police Department and the City of Livermore have made it very clear that the handing out of the candy on our public sidewalks and streets must stop promptly at 7PM. Livemore Downtown Inc. staff, board and volunteers will be coming to your areas to assist in the shut down of the candy distribution. Please note the street closure begins at 3PM in order to make sure all cars are removed and event areas are set up by the 4PM event start time.

This year the streets will be closed from 3pm-9pm and event enclosure is as follows;

• First Street from Maple Street to O Street
• Second Street from Livermore Ave to M Street
• Livermore Ave, McLeod & M Street from First Street to Second Street
• J, K & L Street from First Street to Third Street

The streets will be posted with temporary no parking signs to notify the public of the closure. Per Livermore Police requirements, no vehicles will be allowed to enter or leave the closure area during the event. If your business is inside the enclosure then we invite you to participate by passing out candy either inside or in front of your store. In addition to passing out candy, some fun additions would be to decorate your store and store front, play spooky music and/or sounds, have employees dress up in costumes and maybe even have a costume theme!

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