Home sales in Walnut Creek are up from last year at this time. 725 properties have sold so far vs. 662 in the same period of 2011. This is the trend that started in 2008.
Sales of Walnut Creek Bank Owned properties are down from last year. I attribute this to the growing number of Short-Sales and the decrease in NODs (Notice of Default) and Notice of Trustee Sales.
Short-Sales in Walnut Creek are up significantly for this year. As you can see from the chart this is a growing trend. The banks are letting them go through much quicker and the requirements are much more relaxed than in the past.
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J Rockcliff Realtors
1700 N Main
Walnut Creek, CA
(925) 381 6577
(925) 765 0808