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Archive for 'Vacaville'
MLS Graph For Solano County Compares Nov-Dec ‘07 with ‘08
January 23rd, 2009 categories: Benicia, Fairfield-Gr Valley, Market Update, Solano, Suisun City, Vacaville, Vallejo
Our MLS today came out with a graph showing how November and December 2008
compared with the same periods in 2007 for Solano County.
The graph pretty much mirrors the report I prepared several weeks earlier — where I compared all of 2008 and with all of 2007 throughout the county. To see that post, CLICK HERE.
As with my Jan. 12 report, our MLS system’s graph also shows sales up but prices down in ‘08. Days on the market was also down in November & December compared to those same months in ‘07.
Our MLS separates Solano County into two parts:
- Southern (Benicia and Vallejo)
- Northern (Fairfield/Green Valley, Suisun, Vacaville, Dixon & Rio Vista
The reports: SOUTHERN SOLANO and NORTHERN SOLANO
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Housing Inventory Down Throughout Solano County This Past Week
January 19th, 2009 categories: Benicia, Buying, Fairfield-Gr Valley, Foreclosures / Short Sales, Market Update, Solano, Suisun City, Vacaville, Vallejo
Weekly Housing Inventory Report
Surprisingly, at a time of year when you’d expect housing inventories to 
start rising again, throughout Solano County, every city in our market area saw a decline in active listings compared to the previous week.
That’s an about-face from last week’s report, when Benicia was the only city that saw a drop (and only by a single listing). This week, Suisun City saw its inventory drop by 12.5%, followed by Benicia (-5.7%), Fairfield-Green Valley (-2.8%), Vacaville (-1.6%) and Vallejo (-0.7%).
It’s possible this is just a one-week blip and that we’ll again see inventory increasing in the coming weeks, as normally happens after the first of the year. But the decrease in inventory could also be due to several market factors.
- First off, there’s a double incentive of record-low interest rates and very low prices, which is bringing many new buyers into the marketplace. So new buyers are entering the marketplace much earlier in the year than normal.
- Secondly, Fannie Mae and Freddie Mac suspended foreclosures from late November through the end of January.
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