BENICIA REAL ESTATE STATISTICS FOR MARCH 2010 There were 15 homes sold in Benicia in the month of March.  The average list price was $348,200 and the avergae sales price was $342,667 for Benicia real estate.  This means that some properites were overpriced when they were listed and this resulted in a lower selling price when the appraisals came back in.  The average days on Market for Benicia real estate was 71.   Quick Stats - Averages   Listing $ SqFt Listing Pr/SqFt DOM/CDOM Sale $ Selling Pr/SqFt Residential (15) $348,200 1807 $194 71/118 $342,667 $190 Street Full Address Listing Price Selling Price 439 Brentwood Dr Benicia, CA 94510 470,000 450,000 1770 Clos Duvall Ct Benicia, CA 94510 359,900 368,000 558 Buckeye Ct Benicia, CA 94510 239,000 252,000 137 El Bonito Way Benicia, CA 9... 04/06/2010

Terrific  Tuesday to all, Today we will watch the FED's minutes to see if there is any change. W-ST is giving up some of yesterday's gains + awaiting the FED's minutes. Today's opening was at least higher than yesterday's close. Rate Guard Update Have a great morning! 04/06/2010

Marvelous Monday Morning to all, Economic news today isn't bond friendly.........but positive for the economy. Pending home sales were way up. Rate Guard Update Have a great day! 04/05/2010

Benicia Real Estate Waters End Benicia is a waterfront town in Solano County.  It is an American Main Street City and it is not unusual to find a parade, a fair, farmer's market or food events going on here.  The population is about 35,000 and growing.  Thanks to new housing developments such as Water's End. Waters End brings a sense of style to Benicia with new homes in the gentle hills overlooking the elegant, historical town and harbor. Waters End North offers five well-designed floor plans, ranging from approximately 2689 to 4377 square feet. These elegant plans include all the basics but with an added flair, such as a butler's pantry, a grand foyer, an intimate sitting room, a private retreat, a relaxing courtyard, a rotunda entry to a master suite, or a fabulous bonus room. There... 04/03/2010

Fabulous Friday to all, Late morning update with the bunny rabbit hop down opening with bonds today. Keep in mind the pros are off for a long weekend and Monday will hopefully bring a bunny rabbit hop UP. Rate Guard Update Have a great weekend! 04/02/2010

Terrific Thursday Eve to all, A quick re-cap of bonds today, and look back in the past at rates for 16 years. Rate Guard Update No April Fools! Sorry! Have a great evening! 04/01/2010

Remember a "short" two years ago the word REO (real estate owned) was the buzz word.  It still is, but short sales are climbing into the spotlight more and more.  The average Joe homeowner has actually heard of the word but may not know what it means.  As soon as they become distressed on trying to make their mortgage payment that just went up $500-$1000 a month, some will reach out to educate themselves. Ummmm so what does it mean in a nutshell? a homeowner owes more on his/her mortgage than what the home can sell for at today's market value.  They put the home on the market to sell with an experienced Short Sale Realtor and an agent who has educated themselves in the process, such as a Certified Distressed Property Expert.  An offer is presented, the seller accepts, and then off to th... 04/01/2010

Terrific Thursday to all, This morning jobless claims dominate the news and initial reports are rosy. Manufacturing is also up in the US as well as Europe. Prepare for another choppy day. Rate guard Update. Have a fantastic day! 04/01/2010

Create your OWN Stimulus Package Today the FED's support for MBS (Mortgage Backed Securities) ended. Bonds drooped a bit, but the future is bright. How can you create your OWN stimulus package and purchase more home with the same budget? How can you SELL your home faster for the best possible price? Remember the CHALLENGES we all face simply depend on how we face them! I want you to SOAR with the Eagles and use strategy for the best possible outcome either purchasing your next home or selling your current home and moving up. See how you can CREATE your own stimulus package even without the FED's help. Have a great evening! 03/31/2010

Weds Afternoon Rate Guard Update, Very choppy day with bonds, very much like a rollercoaster ride. W-St is down 52pts also. Rate Guard Update Have a great afternoon. 03/31/2010

Terrific Tuesday to all, Choppy start with consumer confidence up. Expect an interesting day with bonds as we are one day away from the FED's support of MBS purchases. Rate Guard Update Have a great morning! 03/30/2010

Marvelous Monday Morning to all, Expect choppy trading today. Economic news for personal consumption came in at expectations. Rate Guard update Have a great day! 03/29/2010

Fantastic Friday to all, Solid opening  this morning. GDP was revised down slightly. IMF and the EU have moved forward with aid for Greece. Europe still has Ireland and Portugal issues coming. Rate Guard Update Have a great weekend! 03/26/2010

Terrific Thursday evening to all, Good news the BEARS found the honey I hid on W-St. We did recover this afternoon from this morning's drop.  GDP is due out tomorrow..............my thoughts are GDP will most likely be positive...............meaning another wild ride with bonds. Rate Guard Update Yes I have sent out several quick updates yesterday and today...........that to alert as we are in un-charted waters with the FED out of MBS purchases in a few days. Also it's not a bad idea to check clients for qualifying if they were tight ratio wise before yesterday's drop. Positive thoughts we open UP tomorrow! Have a great evening! 03/25/2010

Hang on! The market is selling off without signs of improving so far. GDP tomorrow I expect a rosy report= no help. Rate Guard Update I will update later this afternoon! 03/25/2010

Morning, Bond markets are spooked with Portugal's credit rating being dropped down. Hang on for a wild ride. Rate Guard Update 03/24/2010

Wonderful Weds Morning to all, Mixed economic news: Portugal's credit rating reduced by Fitch, new home sales were down. Durable goods had the 3rd  straight increase in a row. Rate Guard Update Have a great morning! 03/24/2010

Terrific Tuesday to all, Mixed news this morning. Manufacturing was up, house sales down month- month. Consumer confidence is due out later today. Rate Guard Update Be careful float cautiously. Have a great day! 03/23/2010

Marvelous Monday Morning to all, No economic news today short of the Health Care passing in the House. Concerns with Europe surface again. There is one FED speech later today. Rate Guard Update Have a great morning! 03/22/2010

Fantastic Friday morning to all, No economic news today, it's all about the technical's and ,market emotion. W-St is cautious this morning with recent gains............but that is this morning be careful. Rate Guard Update Have a great weekend! 03/19/2010