Jason Thoele, Watson Touchstone Real Estate

Monthly Summary Report for Thoele Real Estate Group

In August 2008 median home price sales in Bakersfield were $191,088. this represents a 35% decrease

Here we are more than half way through the year and we are deffinitely gearing up for a busy fall season. There are some great deals to be had out there and many say the market is still under-valued.

The nation’s foreclosure hemorrhage slowed a bit in April, according to a Central Valley-based foreclosure information company.

If your looking for information on Bakersfield Real Estate and investment properties in and around Kern County then you came to the right place.

Small changes in interest rates make up big differences in payment

The pace of home foreclosures in most of the Central Valley slowed in March, according to new figures from Default Research Inc. of Mt. Pleasant, Pa., a seller of foreclosure real estate data.

The Altos 10-City Composite Index was down 1.7 percent for the first quarter of 2008, with most of the decline occurring in March (1.3 percent.)

California's housing market may be dragging along the bottom. That could mean it will be one of the first statewide markets to recover from the housing hangover.

Sales in California, which have been a leaden weight dragging down national market numbers for more than a year, are likely to improve in the coming months as the new "super-jumbo" FHA, Fannie Mae and Freddie Mac mortgages start hitting the street.