Business Week just released results of fourth quarter sales for last year versus 2007. These are numbers of sales, not prices. However, they do show that the lowered prices have stimulated interest…and several cases of multiple offers.
California has 8 of the top ten, but all are in markets that had risen most quickly, captured many flippers and speculators on the way up, then fallen hardest.
The analysis only used ZIP codes of 10,000 or more households and only one ZIP per metropolitan area.
See the entire article at:
http://finance.yahoo.com/real-estate/article/106700/Signs-of-Life-From-the-Real-Estate-Market
City & Zip / Increase Q-4 8 vs. Q-4 '07
1. Fairfield CA 94533 / 225%
2. Rialto CA 92376 / 170%
3. Sylmar CA 91342 / 149%
4. Mira Mesa CA 92126 / 119%
5. Cape Coral FL 33914 / 103%
6. Simi Valley CA 93065 / 77%
7. San Jose CA 95123 / 67%
8. Surprise AZ 86379 / 65%
9. Fresno CA 93372 / 61%
10. Elk Grove CA 95624 / 56%
Please let me know if this is of interest to you.
I welcome your feedback!
HARD
See the entire article at:
http://finance.yahoo.com/real-estate/article/106700/Signs-of-Life-From-the-Real-Estate-Market
City & Zip / Increase Q-4 8 vs. Q-4 '07
1. Fairfield CA 94533 / 225%
2. Rialto CA 92376 / 170%
3. Sylmar CA 91342 / 149%
4. Mira Mesa CA 92126 / 119%
5. Cape Coral FL 33914 / 103%
6. Simi Valley CA 93065 / 77%
7. San Jose CA 95123 / 67%
8. Surprise AZ 86379 / 65%
9. Fresno CA 93372 / 61%
10. Elk Grove CA 95624 / 56%
Please let me know if this is of interest to you.
I welcome your feedback!
HARD
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