FORECLOSURE CRISIS: ONE MILLION IN US EXPECTED TO LOSE HOME THIS YEAR..

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The Northgate Area- Comprised of many neighborhoods with a lot of homes. Located in East Walnut Creek, most of the homes were built in the 50's, 60's, 70's and 80's and have long been popular for their traditional style single and two story floorplans.

New Northgate- Some of the newer constructed Walnut Creek homes are located in the Northgate Area. Subdivisions like Rancho Paraiso were built throughout the 90's by Herald Smith Construction.

The Woodlands- Once nothing but farmland and walnut groves. This all changed in 1961 and 1962 when several developers, including Leadership, MacKay and Hofman, were the first to break ground and build the Woodlands.

Lake Lakewood Area- It's always a surprise to anyone who doesn't know, that there's a lake in Walnut Creek. Lake Lakewood was man made and has a lot of history. Most of the home development in Lakewood began in the 1930's when it was expected that the opening of the Caldecott Tunnel would increase demand for homes in Walnut Creek.

Crystyl Ranch- Crystyl Ranch is a beautiful neighborhood nestled in the Mt. Diablo foothills of Concord, Ca. Located between Walnut Creek and Clayton, homes in Crystyl Ranch are close in proximity to parks, shopping, dining, entertainment, schools and just about the best the East Bay has to offer.

Elderwood Glen- Elderwood Glen is a subdivision located in Martinez, Ca. There are 55-60 homes, homes range from 3-5 bedrooms and are known for their spacious rooms. Elderwood Glen is also centrally located to downtown Martinez, downtown Pleasant Hill, Concord, Lafayette and Walnut Creek.

Chateau Ridge- Chateau Ridge is a wonderful neighborhood settled in the foothills of Martinez, Ca. The neighborhood has a private setting with most of the homes backing to the open space and green belt.

Valley High- These beautiful homes were built by the well know builder, Davidon Homes. There are many home models to choose from, ranging from single stories to split level homes. The 3-4 bedroom homes have luxury features including skylit entry halls, vaulted ceilings, wet bars, woodburning fireplaces and spacious Master suites.

Alamo, CA- Alamo, CA is an unincorporated community with high demand real estate. It is located in the East Bay region of the San Francisco Bay Area, nestled between Walnut Creek and Danville. The average home price in Alamo is $1.1 million in comparison to the average home price in the state of California at $347,000.

Saturday

Jul242010

Saturday, July 24, 2010 at 4:52PM

Hard to believe but More than ONE MILLION UNITED STATES HOUSEHOLDS will lose their homes to FORECLOSURE this year! Lenders are cutting their way through a HUGE Backlog of borrowers that have fallen behind on their loans..

Nearly 528,000 homeowners lost their homes during the first 6 months of this year! This alarming rate of Bank Foreclosures is on track to Eclipse the more than 900,000 homes repossesed in 2009. To give you an idea of how critical this situation is; by comparison, Lenders have historically Foreclosed on an average of 100,000 homes a year..This surge represents the Dynamic of a Foreclosure Crisis never seen before..it remains to be a crippling drag on the Economic Recovery...

For more information regarding Today's Current Real Estate Market or if you are interested in buying or selling a piece of Real Estate, please call or email me at:

Direct: 925-330-3878

Email: stevepoirier@pacbell.net

http://www.stevepoirierrealty.com

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