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Market Conditions in 94531 : Real Estate Advice

  • All39
  • Local Info3
  • Home Buying27
  • Home Selling0
  • Market Conditions0

Activity 6
Thu Jan 3, 2013
Gene Riemenschneider answered:
"Good area" is a subjective term and one of those terms that gets Agents in trouble. I think many people feel Antioch is a troubled community in parts with public service under a lot of stress budget wise. However, Antioch is moving to hire more police and has a very good infrastructure. I am positive about Antioch in general.

As to if a specific neighborhood will work for you I would need to get more information about budget, and what you want in a home.

The link is to all the homes for sale in Antioch. Please let me know what I can do to help.
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Thu Jun 21, 2012
Robert Spinosa answered:

Mortgage history is determined mostly by the credit report. As for paystubs, usually we want to see however many it takes to cover a 30-day period. This is combined with the two most recent tax returns (in most cases) and/or W-2 forms.

If you have any questions about qualifying for a mortgage, let me know. I am relatively local.

Rob Spinosa
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Tue Feb 7, 2012
James Tan answered:
I think the market in the Greater Bay Area in general and Antioch in particular, seem to be bottoming out this year. Whether that is on a sustainable uptrend remains to be seen.

However, if you look at the foreclosure statistics from foreclosureradar, i.e.
you will notice that bank owned inventory is down 33.22% from last year. Preforeclosure, and scheduled for sale volume is down as well. Notice of Default filings (leading indicator for foreclosures) are down 37% from last year.

At the same time Trulia statistics ( )
reports that the average listing price has been going up, number of listings is down and the average price per sqft is stable.

These are all encouraging signs about the market in Antioch. I think that the combination of extremely low interest rates, strong investor demand from affluent Bay Area neighborhoods, the BART extension project, booming economy in silicon valley, and very low home prices seem to result in strengthening resale prices in Antioch.
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Tue Sep 14, 2010
Sj209 answered:
No one know for sure and it depends on the neighborhood but most expect prices to possibly fall a bit but interest rates could be heading higher which is a very important consideration when buying. ... more
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Fri May 23, 2008
Eric Bryant answered:
Get a local Realtor my friend. In this market, especially with REO's, you need one. It's ok, they won't bite! Best of Luck! The Coach
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Mon Mar 24, 2008
Johnny Huang, MBA answered:
You have to compile the data yourself pretty much to get an accurate feel of the rental market. Not all parts of Antioch command the same rental. Some areas are nicer, some are slummy, it really depends on where you need to look. ... more
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