The market trends in the 95127 zip code area for foreclosures are improving significantly for homeowners. Values are rising significantly and many distressed property owners are finding their situation improving as home prices rise. Currently there are 29 active homes on the in 95127 market, of which 3 are short sales and 2 are bank owned properties for sale.
There are 77 homes that are pending sales and of those 40 are short sales and 1 is a bank owned property. For the past 6 months banks have been focusing on cooperating with short sales over the foreclosure. I believe the trend will continue with the banks preferring the short sale over a foreclosure and if the market continues to improve you will see less and less distressed sales.
The average marketing time of homes today is less than 30 days and inventory as a whole remains very low which will continue to put upward pressure on homes that come to market.
I hope this answered your question. Have a great day.... more
Trends are based on time. What do you want it compared to? Also, 95127 Covers Alum Rock and Berryessa.
If you want to a report specific to your house, drop me an email with the details and I'll email it to you.... more