Housing Inventory Snapshot

Housing Inventory Snapshot

October 31, 07

Average List Price
Median List Price
Average Days On Market

Santa Clara County, CA

Single Family under $1M
$677,331
$655,000
70

Single Family over $1M
$2,081,736
$1,499,999
74

Condo/Townhome under $600K
$431,154
$423,888
70

Condo/Townhome over $600K
$737,048
$695,000
62

San Mateo County, CA

Single Family under $1M
$715,505
$699,950
65

Single Family over $1M
$2,350,851
$1,559,000
68

Condo/Townhome under $600K
$460,472
$469,000
74

Condo/Townhome over $600K
$942,612
$775,000
103

Santa Cruz County, CA

Single Family under $1M
$649,161
$645,000
93

Single Family over $1M
$1,934,603
$1,495,000
100

Condo/Townhome under $600K
$440,022
$450,000
85

Condo/Townhome over $600K
$858,676
$799,000
74

Monterey County, CA

Single [...]

Subprime Mortgages Will Return, But With Some Changes

BOSTON (MarketWatch) — Although “subprime” has become a four-letter word in the country’s collective lexicon and no one is sure when the credit crisis that was spawned by a meltdown in the risky lending sector will ease, mortgage bankers say you can count on this: Subprime shall return.
The next generation of subprime mortgages, however, will [...]