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Now what: Your builder is bankrupt One minivan, one mom, five kids The economic 'value' of Mom First-time homebuyer help People in Business: A weekly list of achievements for May 8 Wal-Marts seek OK to sell beer, wine Launch what you cook Check out what homes are selling for! Foreclosure charts! Blue=Bad; more glum housing stats January 08 February 08 March 08 April 08 May 08 Contact us with your news and information: Team leader: Christine Peterson, cpeterson@bakersfield.com, 395-7418 Assistant team leader: John Cox, jcox@bakersfield.com, 395- 7345 Reporters: Courtenay Edelhart, cedelhart@bakersfield.com, 395-7372 Vanessa Gregory, vgregory@bakersfield.com, 395-7379 Jenny Shearer, jshearer@bakersfield.com, 395-7234 Gretchen Wenner, gwenner@bakersfield.com, 395-7368
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Check out what homes are selling for!
Our latest home sales map is ready for a peek. No need to grab a map to find Snowdrop Drive and Rose Petal Street. (Homes on those streets recently sold.) We’ve done the work for you. The map is updated with homes that sold in Bakersfield from March 17 to March 23, color-coded by sales price. We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned properties, now account for an increasing number of weekly sales, sales between banks and individuals are now being included. Check out what homes are going for with the information from First American Real Estate Solutions that's compiled by reporter Vanessa Gregory. Highlights for the week of March 17 to 23: • 76 homes are new on this map. •¨Priciest? One sold for $1.1 million in the 93309 ZIP code. • Cheapest? One sold for $50,000 in the 93309 ZIP code. What do you think of the prices? — Christine Peterson 2 comments from 2 users
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posted by
etbartley
on May 6, 2008 at 05:49 PM
Based upon the prices of the other homes that sold in the area, I'd say my sister got herself a real good deal. posted by
Maggiepoo
on May 7, 2008 at 08:23 AM
Pending Home Sales Hit New Low
NEW YORK — An industry group said Wednesday that pending U.S. home sales dropped to a new low in March, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. The National Association of Realtors' seasonally adjusted index of pending sales for existing homes fell to 83.0 from a downwardly revised February reading of 83.8, the index's previous low. The index stood at 103.9 in March 2007. A reading of 100 is equal to the average level of sales activity in 2001, when the index started. Falling home prices and a tight credit environment have pummeled the housing market and sent potential buyers to the sidelines to wait out the slump. So far, there's been no evidence that the traditionally strong spring selling season is jump-starting any sales activity. http://www.huffingtonpost.c...
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