Hi,
The June sales numbers are in and for the third month in a row, they are above the monthly sales average. In an unscientific poll taken yesterday at a meeting of realtors in my company, the consensus was that there is more sales activity in the last couple of months than there has been for some time.
There are still foreclosures on the market around the county. One area in particular has seen quite a lot of activity, Hidden Valley Lake in southern Lake County just north of Napa County. Prices are really excellent there right now and some extremely nice homes are bargins in comparison to other areas. I have seen a good number of escrows open there in the past month or so.
At this point, very good prices along with a very good selection of available homes, are driving sales here in Lake County. As we scrape somewhere along the bottom of this market, buyers seem interested and sellers are pricing their properties well.
The old saying is still true - all real estate is local! I will do my best to keep you up to date with the local Lake County real estate market. For today the news from here is that for the third month in a row sales are above average.
Best Regards,
Steve McKenzie
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