Lamorinda Real Estate

Lamorinda Real Estate - Christmas Shopping - Walnut Creek, Broadway Plaza Christmas Tree

 I was out early Sunday morning to beat the shopping crowds. Quiet enough to hear the Christmas music. Happy Holidays!

Orinda Real Estate - Market Sales Trends

The Orinda real estate market has definitely felt the effects of the economy. The most common question I hear at the holiday parties is, “How’s our market?”

Well, the average selling price for 2009 year to date is 23% lower than it was in 2006. Most of that drop came in the ’08-’09 period with a 14% drop.

The total volume measured in $$ from ’06 -’09 is 35% lower while the number units sold is only 16% lower.

Marketing time has more than tripled from 2006-2009, while the median sales price has dropped about 23%.

Interestingly, the number of homes sold year over year is up 7% from last year, while marketing time is up 39%, with the 14% drop in average price.

With mortgage rates remaining historically low, all of this together leads to the conclusion that it is a great time to buy! See the Business Week article by Marc Roth, “If You Don’t Buy A House Now, You’re Stupid or Broke”.

Snow In Lamorinda

Sorry, no Lamorinda real estate news this time. No Orinda properties or Moraga fixers in this post, just a photo taken early Monday morning from Grizzly Peak.The Lamorinda peaks took on the appearance of Tahoe on Monday morning, making for some great photo opportunities. I had fun running around Orinda, Moraga, Lafayette, Oakland, and Walnut Creek, looking for some unique views. You can see more of my pictures at this special photo page I created. Enjoy!

Orinda Schools Shine Again!

CONGRATULATIONS ORINDA SCHOOLS!!!

Each school in the Orinda Unified School District was recognized recently by the California Business for Education Excellence (CBEE) as "2009 Scholar Schools".

Wagner Ranch Elementary, Sleepy Hollow Elementary, Glorietta Elementary, and Del Rey Elementary, along with Orinda Intermediate School were recognized by California’s business community for having demonstrated consistently high student academic achievement and have made significant progress toward closing achievement gaps among all their students.