Empire Realty Assoc. | Marketing Team | Danville, Walnut Creek, Alamo, Lafayette

Lamorinda boasts gorgeous landscapes and its strong community. The residents pride themselves on their top-rated schools, and commitment to a quality community.

The idyllic weather and prime location near BART and access to San Francisco make it a perfect place to live and call home.Lafayette offers an idyllic environment with a blend of diverse topography, small town atmosphere, established neighborhoods and access to a variety of recreational activities. What began as a farming community has grown into one of the most sought after communities in the East Bay.

The Lafayette Art and Wine Festival is a fun-filled annual summer event located in the heart of downtown. Children in the area attend Lafayette School District for the early grades and move up to the Acalanes District for high school. Test scores are in the top five percentile in the state. For additional info about all the wonderful communites in the area, please click here : http://empirerealty.com/aboutthearea

Here is what the market in Lamorinda looks like this week: Median home prices in Lafayette, Moraga and Orinda are really starting to stabilize and level, especially when you look at the trend lines over the last 90 days. As far as inventory levels, we really saw a spike in all 3 communities in June but inventory levels are beginning to level out again. What we always knew, is still true; homes that are priced well, are "move in ready" and in a great location will typically receive multiple offers.

Median Home Prices Lafayette

Moraga

Orinda

Inventory Levels Lafayette

Moraga

Orinda

To sign up for our weekly market reports, or ror additional market information about Lamorinda and other communties, please click here: http://www.empirerealty.com/localmarketupdate

posted by Katie Lance, Marketing Manager, Empire Realty Associates

Lamorinda boasts gorgeous landscapes and its strong community. The residents pride themselves on their top-rated schools, and commitment to a quality community.

The idyllic weather and prime location near BART and access to San Francisco make it a perfect place to live and call home.Lafayette offers an idyllic environment with a blend of diverse topography, small town atmosphere, established neighborhoods and access to a variety of recreational activities. What began as a farming community has grown into one of the most sought after communities in the East Bay.

The Lafayette Art and Wine Festival is a fun-filled annual summer event located in the heart of downtown. Children in the area attend Lafayette School District for the early grades and move up to the Acalanes District for high school. Test scores are in the top five percentile in the state. For additional info about all the wonderful communites in the area, please click here : http://empirerealty.com/aboutthearea

Here is what the market in Lamorinda looks like this week: Median home prices in Lafayette, Moraga and Orinda are really starting to stabilize and level, especially when you look at the trend lines over the last 90 days. As far as inventory levels, we really saw a spike in all 3 communities in June but inventory levels are beginning to level out again. What we always knew, is still true; homes that are priced well, are “move in ready” and in a great location will typically receive multiple offers.

Median Home Prices Lafayette

Moraga

Orinda

Inventory Levels Lafayette

Moraga

Orinda

To sign up for our weekly market reports, or ror additional market information about Lamorinda and other communties, please click here: http://www.empirerealty.com/localmarketupdate

posted by Katie Lance, Marketing Manager, Empire Realty Associates

Fed Tax credit breakdown | Federal Tax Credit update!

Just a reminder that to be eligible for the Federal Tax Credit buyers must close by Nov 30th. Given that date is quickly approaching, expect a flurry of activity in our industry in the near term.

There is one bill that is in committee with the aim of extending the credit, as well as allowing it for all Buyers, not just first time buyers.

Also, this bill would not have income limitations. The current Tax Credit had similiar details, but these were removed before final passage.

Press Release | 8-21-09

EMPIRE REALTY ASSOCIATES SPONSORS 27TH ANNUAL MUSIC AND WINE FESTIVAL IN ALAMO

DANVILLE - Empire Realty Associates is a major sponsor of the 27th Annual Alamo Music & Wine Festival. This event will take place on Saturday, September 12th. Danville agents, Don Morton and Linda and Frank Cookson, are in charge of involving Empire this year. Together they have gathered several agents to help sponsor this event. All of the proceeds are donated to local schools and community charities.

In 2008, the Alamo Rotary rose over $50,000. This fun event is known as the Alamo Block Party which features all kinds of music beginning at 2pm with the marching bands of Monte Vista & San Ramon Valley High Schools, followed by several music groups throughout the day. The headliner, The Fabulous Cruise Tones, will feature music for dancing under the stars from 8pm to 11pm. Dinner will be served from 5:30 to 8pm and feature selections from Faz, Forli's, Rotary BBQ, Don Jose's and The Peasant Courtyard, Alamo's newest restaurant. The Alamo Rotary Club will also present its Citizen of the Year.

Empire is excited to be a sponsor for this great event because it supports schools, charities, and our local community.

"I am really excited that Empire agents can be a sponsor for this great event because it supports schools, charities, and our local community. Since our inception in 2002, one of Empire's core values has always been about giving back to the community in which we live and work!", says Judi Keenholtz, Chairman of the Board, Empire Realty.

"Our schools need our help more than ever before and I am very pleased that Empire has chosen to sponsor this most worthwhile tradition in Alamo" says Don.

For more information, please contact Don Morton at DMorton@EmpireRA.com or at (925) 217-3123 or www.donmorton.net.

posted by Katie Lance, Marketing Manager, Empire Realty Associates www.empirerealty.com

• 194 Average Days on Market
• Asking Price per Square Foot $ 428
• Percent of Properties with Price Decrease 48 %
• Percent Relisted (reset DOM) 11 %
• Percent Flip (price increased) 2 %