RSS

Author Archives | Greg Fielding

About Greg Fielding

I am a longtime real estate agent who has pretty much seen it all during the housing boom as bust. With experience in selling high-end property and low-end foreclosures, raw land, short sales, development work, apartment buildings, and working with investors, I bring a well-rounded perspective to my work. I cover most of Northern Alameda County and Western Contra Costa county and I live in Danville with my three kids. You can reach me at gregpfielding@gmail.com or call me at 925-212-2908

Investment Funds Crowding Out Local Investors and First-Time Home Buyers

May 24, 2012

2 Comments

REOPhoto-e1317742588967

Inventory is already tight at the low-end, and now local investors and first-time home buyers are having to compete with large institutional funds. This is bad news for all of us little guys. The Wall Street Journal reports: “From the very beginning, we’ve thought of this as eventually becoming a public company,” says Justin Chang, [...]

Continue reading...

Warriors to Move to San Francisco

May 22, 2012

1 Comment

And though I know it makes sense for the team, and I’m sure it will be an awesome arena in the city, I’m kinda sad to see the Warriors leave the East Bay. Not only are there great fans out here, but the games have generally been pretty affordable. Higher prices and harder-to-get tickets in [...]

Continue reading...

NAR: Existing Home Sales Up, Inventory Down

May 22, 2012

6 Comments

EHSInvApr2012

A lack of inventory, especially at the low-end, continued to push median prices higher in April. NAR reports: Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4 percent to a seasonally adjusted annual rate of 4.62 million in April from a downwardly revised 4.47 million in March, and [...]

Continue reading...

Number of Realtors Finally Falling

May 21, 2012

2 Comments

CARElicensees

Thankfully, more and more Realtors are letting their real estate licenses expire. Via Calculated Risk: The number of salesperson’s licenses is off 29% from the peak, and has fallen to 2004 levels. But brokers’ licenses are only off 7% and has only fallen to early 2007 levels. Even if activity and prices have bottomed, the [...]

Continue reading...

Bay Area Housing Inventory Down Nearly 50 Percent

May 16, 2012

6 Comments

sdvv

The total inventory of single family homes for sale across the Bay Area is down huge, compared with a year ago. Realtor.com reports April inventory is off 36.43 percent in San Francisco, 38.25 percent in San Jose, and a staggering 52.85 percent in Oakland. The result, multiple offers and popping prices. And until something happens [...]

Continue reading...