Terry Osburn, Broker Associate

Homeowners if considering selling and you would like a more detailed breakdown of your home value in todays market please contact me.

Shows trend of sales over the past year.

Facts and TrendsTM
Published Oct. 2009
Location : Martinez/Pacheco (Area 56)
Number of Homes For Sale vs. Sold vs. Pended (Jul. 2008 - Sep. 2009)
Price Range: $0 - $1,099,999
SQFT Range: 0 - No Limit
Single Family Home

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
For Sale	99	100	1%	137	100	-27%	153	100	-34.6%
Sold	35	29	-17.1%	37	29	-21.6%	27	29	7.4%
Pended	39	49	25.6%	31	49	58.1%	38	49	28.9%

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Facts and TrendsTM
Published Oct. 2009
Location : Martinez/Pacheco (Area 56)
Avg Price For Sale & Sold (Jul. 2008 - Sep. 2009)
Price Range: $0 - $1,099,999
SQFT Range: 0 - No Limit
Single Family Home

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
Avg. Active Price	454	460	1.3%	476	460	-3.4%	471	460	-2.3%
Avg. Sold Price	306	325	6.2%	381	325	-14.7%	424	325	-23.3%

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Facts and TrendsTM
Published Oct. 2009
Location : Martinez/Pacheco (Area 56)
Months of Inventory based on Closed Sales (Jul. 2008 - Sep. 2009)
Price Range: $0 - $1,099,999
SQFT Range: 0 - No Limit
Single Family Home

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
Months of Inventory (Closed Sales)	2.8	3.4	21.4%	3.7	3.4	-8.1%	5.7	3.4	-40.4%

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

DRE License #01255032

Below is Facts and Trends for the past year for Concord Single Family Homes up to $599000.

If you want a breakdown more specific to your home and neighborhood , give me a call or email me.

You can see the inventory has dropped considerably.

Understand there are neighborhoods that command more in purchase price than others. Obviously is relative to condition of home.

Facts and TrendsTM
Published Oct. 2009
Location : Concord (Area 57)
Number of Homes For Sale vs. Sold vs. Pended (Jul. 2008 - Sep. 2009)
Price Range: $0 - $599,999
SQFT Range: 0 - No Limit
Single Family Home

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Facts and TrendsTM
Published Oct. 2009
Location : Concord (Area 57)
Avg Price For Sale & Sold (Jul. 2008 - Sep. 2009)
Price Range: $0 - $599,999
SQFT Range: 0 - No Limit
Single Family Home

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Facts and TrendsTM
Published Oct. 2009
Location : Concord (Area 57)
Months of Inventory based on Closed Sales (Jul. 2008 - Sep. 2009)
Price Range: $0 - $599,999
SQFT Range: 0 - No Limit
Single Family Home

All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Fransisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

DRE LICENSE #01255032

http://ag.ca.gov/loanmod/

If you and/or someone you know has questions or concerns about a company that has promised to assist you in loan modification go to the link above and check the company out.

Jerry Brown has requested that all must sign up with his office to legally provide services in the State of California.

Loan Modification Fraud has become so rampant and many people in financial distress are seeking any glimmer of hope for their situation that allows for them and opens them up to become victims of the various fraudsters and scams .

I recently heard of a victim who paid not once but twice to different companies....

NEVER pay any upfront fees to someone to do a loan modification.

The banks would rather work directly with you the client. You do not need someone unless you are having difficulty filing the paper work etc but you still do NOT pay fees up front.

There is a lot of good information for the consumer in regards to this at the link provided.

DRE License # 01255032

It is amazing how things have changed from even a year or so ago. Short sales are going to be around for at least another 2 years.

For the homeowner in distress this means even in a short sale situation there is a lot of competition for buyers. Will this change in the coming new year with more inventory expected? Remains to be seen.

There are so many variable in terms of area, school, condition, age , upgrades, commute etc.

The bottom line is there are many buyers poised to purchase a home. Some are waiting for the new year to arrive in hopes prices will be driven down further. Others are still waiting to see if the tax extension is passed.

Depending on your lender, investor involved, recourse or non recourse loan will depend on how cooperative and fast your lender witll work with you to approve a short sale once a buyer has been located and procured.

Short sales do successfully close. Despite many of the negatives you hear and the horror stories. Catherine and I have successfully closed a huge percentage of homes listed as short sales.

Sometimes it was like pulling teeth and at times appears games are played but persistence and hard work has paid off for our sellers as well as the buyers.

There is no guarantees but there is hope.

Wachovia loans in short sale are a breeze to do now since Wachovia streamlined the process.

Wells Fargo is in the process of streamling their process. When that will take effect is unknown but would surmise within the next 6 months or less.

BofA (Countrywide) has gone the opposite way and has made life difficult for all parties involved, however we have closed escrows with them.

If a short sale turns out to be the best option for you then contact us to discuss your entire short sale needs and listing of your home. You can find a lot of information on our short sale blog www.ccshortsales.com.

Please note we are not attorneys and we cannot advise as to what is your best option . We are here to provide a service of listing your home, procuring a buyer, submitting the short sale package to your lender(s), negotiating the short sale and hopefully bringing to a successful resolution for all concerned.

You are never charged a fee. Our fees are paid by the lenders at close of escrow.

DRE License #01255032

It's called Murphy's law sometimes.......but here is another reason to have your furnace serviced each year to keep it in tip top shape.....

Depending on the type of furnace you have you may encounter issues with water dripping both inside the furnace and onto the surface below causing floor issues.

Sometimes the condenser freezes, the line to the condenser becomes plugged or the fittings somehow loosen.

I went in to change my filter today. I usually change it every 3 months only to find water in the furnace, on the floor and going , HUH?

Yes, I have called the local service provider. They cannot come out until til tomorrow.

I was told it could be from several causes. I guess I will find out when they show up.

I am really glad I have kept up my home warranty. It is events like this that can come back and bite hard that makes a home warranty worth it.

Probably will not pay for the damage to the floor, but my regular insurance should.

Preventive maintenance is a must. Change those filters often and look for signs of unusual changes.

Water would be one of those in a furnace............