Anthony Pigati ~ Broker/Owner

Hot off the Press & Just In!!

A home in Antioch, Oakley & Brentwood on average recieved almost $7,000 over their asking price with the largest amout being $65,000 from June to July 2009! This is out of about 270 closed transactions.  I believe this number will increase as well as list prices over the next year.  Our current inventory is to low and the demand will shift the market shortly.  Even if the banks releases some of the foreclosures that are currently on hold it wont be enough to satisfy the amount of buyers flooding into the market.  The current buyers are made up of primarily home owners, some being first timers.  Contrary to what some may think the amount of investors is significantly less compared to people purchasing as a primary residence.