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Walnut Creek California Real Estate Market Outlook Summer 2011

August 2nd, 2011 by Sam Benson · Leave a Comment

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Photo courtesy of 1860 Tice Creek Drive Condominiums, Walnut Creek

Condo and Townhome Sales Heat Up in Walnut Creek as More Seniors “Rightsize” Their Homes

One of the most important demographic trends of our era is the transition of millions of Baby Boomers from the workplace to retirement. As this generation ages (gracefully, of course!) they're increasingly looking for ways to combine an active lifestyle, featuring plenty of social and recreational options, with homes that are a better fit for their needs and budget. This "rightsizing" trend often means a switch from a large single family home, … Read More +

Real Estate Sales Activity Inversely Correlated With Price in the Greater Walnut Creek Area

Recent real estate market data in Walnut Creek and the nearby Contra Costa communities of Concord and Lafayette reveals an interesting, though not completely surprising, correlation between median home prices and the amount of activity in the market. First, let's take a look at median home prices over the past year in these three locations: As you can see, Lafayette is by far the priciest of the three, with home prices just under $1 … Read More +

Trilogy at Rio Vista Combines Amazing Amenities and a Relaxed Delta Lifestyle

The California Delta is a vast network of waterways formed by the confluence of the Sacramento and San Joaquin east of the San Francisco Bay. It's also home to one of Northern California's premier active adult communities, Trilogy at Rio Vista. Rio Vista is far and away my top choice for seniors seeking easy access to all the recreational opportunities the Delta has to offer, including fishing, boating, windsurfing and water-skiing. And for those … Read More +

Rossmoor Reports Strong Resales of Homes in 2011

Reflecting a rebounding local economy and strong interest in its relaxed senior lifestyle, Walnut Creek's Rossmoor reported that 2011 home resales in the active adult community were up over 18% from 2010. In total, 540 Rossmoor homes (known as "manors") changed hands in 2011, a dramatic increase from 457 manor resales in 2010. But this doesn't just a year-on-year increase...in fact, it's the most annual resales at Rossmoor since … Read More +

Steep Drop in California Foreclosures is Mirrored in Walnut Creek & Contra Costa County

Recent reports indicate that the fourth quarter of 2011 (October-December) saw the number of California homes facing foreclosure drop to its second-lowest level in over four years. In total, 61,517 Notices of Default (NODs), the first step in the foreclosure process, were recorded in the fourth quarter. This represents a drop of 13.7% from the previous quarter, and a drop of 11.9% from the last quarter of 2010. The analysis of California's … Read More +

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Sam Benson

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About Sam

Sam's background and history in San Francisco Bay Area real estate is well documented and respected. Buyers, sellers and investors alike depend on Sam's blend of knowledge, creativity and experience. His expertise as a real estate agent, mortgage banker, residential developer and investor gives him a great understanding of the entire process.

Every effort will be made to make sure you know everything you need to know in order to make an intelligent decision. Including Sam's "Concierge" service; inspectors, contractors, consultants, handy-people; all the necessary skilled professionals you may need. Sam's clientèle ranges from his neighbors in the historic Rancho San Miguel, Eichler community to first time home buyers to Corporate buyers and sellers through major Relocation Companies.

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