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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Bay Area Market ... Bank-Owned and Short Sale Properties For Sale In Orinda and Lafayette

Orinda and Lafayette are two of the most beautiful communities in the Bay Area.  They combine small town appeal, great schools, and easy access to Oakland, San Francisco, Walnut Creek and Napa Valley.  My better half and I enjoy Friday dinner at Yankee Pier (her business is conveniently across the street), Sunday morning brunch at Chow, walking around the reservoir on a breezy afternoon, and taking in a movie at the intimate Orinda Theatre.  The California Shakespeare Theatre (Cal Shakes) produces modern versions of classic Shakespeare at the nearby Bruns Amphitheater, a great place to picnic and enjoy outdoor theater on warm summer nights.

There are many homes on the market in the area, including bank-owned (REO) or short sale (SS) properties.  Although home prices in these communities are generally high, deals can be found.  Here are bank-owned and short sale properties offered for sale under $1,500,000 as of today (March 29, 2011).

Orinda

Type

Bed/Bath

Price

Square Feet

Single family, SS

5/3.5

$1,199,000

3,326

Single family, REO

4/3.5

$1,020,000

4,579

Single family, SS

4/3.5

$950,000

2,025

Single family, REO

5/3.5

$849,000

3,101

Single family, REO

3/2

$699,900

2,005

Single family, REO

4/2

$699,900

1,719

Single family, REO

3/2

$581,000

1,560

Condo, REO

2/1

$175,988

764

 

Lafayette

Type

Bed/Bath

Price

Square Feet

Single family, REO

4/3.5

$1,235,000

3,422

Single family, SS

3/3.5

$1,100,000

2,893

Single family, REO

4/3.5

$996,900

4,778

Single family, SS

4/3

$899,000

2,484

Single family, REO

3/2.5

$864,900

2,205

Single family, SS

3/2

$699,000

2,006

Single family, REO

4/3

$699,000

2,003

Single family, SS

3/2

$650,000

1,596

Single family, SS

2/2

$625,000

1,715

 

Would you like to receive email alerts when REO, short sale, or traditional sale properties come on the market that fit your needs?  Drop me a line at john@jsrealproperty.com or call me at (925) 323-1450.

For local, regional and national market information, subscribe to our Housing Trends eNewsletter when you visit our web site at www.jsrealproperty.com .

Comments

By Mitch Larrivee,  Tue Mar 29 2011, 07:18
Good info. Thanks

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