Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Rossmoor - Walnut Creek. Low interest rates in a stabilizing market makes a home purchase a great value! Call now for more information at 925-787-6357 or visit my website www.LoriYoung.com

Average Home Price $400,000 - View Graph Trend
Average Price Compared to Last Year Up 5-10%
Average Time on Market 90-120 days
Best Selling Price Range$400,000 - $449,000
Worst Selling Price Range$550,000 - $599,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Increasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Rossmoor - Walnut Creek isIncreasing
Seller Activity for the past 90 days in Rossmoor - Walnut Creek is?Increasing
Multiple Offers?No
Multiple Offers CommentaryBecause Rossmoor - Walnut Creek is comprised of various micro markets ranging from $100,000 - $1,300,000 each market is unique within itself.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Inventory CommentsRossmoor, the Premier 55+ Active Retirement Community has homes from $100,000 - $1,400,000 with various micro markets. The average priced home in 2009 was $279,000 and the high $1,250,000. Our lower priced market time is significantly longer then our higher priced homes simply because of the large supply of surrounding communities feeding into Rossmoor which have significantly higher priced homes. The trend is quickly moving to less market supply and shorter time on the market. The next step will be increase in values.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Rossmoor is retirement living at its best .... homes are situated in luxury garden-style and mid-rise condominiums, villas, town homes and co-ops to single-family detached estates with state-of-the-art architecture and a wide selection of quality homes. Rossmoor offers an ideal environment for active adult living... nationally recognized, award winning active adult community located on 2,200 acres in a picturesque valley in Walnut Creek where there is an a abundance of shopping, restaurants, theatres and cultural activities The excellent recreational facilities include 27 holes of NCGA-rated golf, four resort-style swimming facilities, health fitness center, movie theatre, eight outdoor tennis courts, three lawn bowling greens, miles of hiking trails and so much more all to complement whatever lifestyle you want to have, connecting you to all there is.
Nearest Metro AreaSan Francisco
Housing Hot SpotsMost cities within the Contra Costa County area are considered ’Housing Hotspots’ NOW is the time to buy; home prices haven’t been this low in decades.
Average Sold Price $400,000 - View Graph Trend

Rossmoor - Walnut Creek Local News


News for Rossmoor - Walnut Creek, CA - December 13th, 2010 8:20pm
Wonderful Homes That Are Really Great Values Available. Rossmoor is a Resort Style Retirement Community in the Heart of the San Francisco Bay Area. Please Contacct me to Take a Closer Look and Obtain Detailed Information. I'd Love to Help!
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Lori Young
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December 2010 (1)

Mortgage Rates
– Feb 10th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Lori Young
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Lori Young
Rossmoor Realty
Rossmoor Realty

  925-787-6357




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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