Recent Yahoo! Real Estate updates show the median price for Livermore homes decreasing 2.7 percent from August to just $510,000 while the price for foreclosed homes dropped 1.5 percent to just over $450,000. This spells good news for Livermore real estate which has suffered significantly less compared to similarly-sized communities throughout California and the western United States. In fact, percentage changes below five percent are often regarded as insignificant decreases, according to industry experts.
Livermore homes for sale were also mentioned in a recent Associated Press article published on September 25, 2009, locally by the Oakland Tribune. The article claims that the Bay Area, including Livermore, experienced much of the same negative change as the rest of the nation. The report states that “home resales dipped unexpectedly last month, falling 2.7 percent from a month earlier, the National Association of Realtors said Thursday, reversing steady monthly gains since April.” The author also hypothesized that “the drop in sales last month may reflect delays in completing sales due to tough lending standards and new rules for appraisals.” Additionally, while low mortgage rates are helping to increase the number of people eligible to purchase homes, uncertainty has certainly played a role in keeping shaky buyers away from signing purchase papers.
However, there is relief for some. Robert B. Jones’ September 27, 2009 article in the Contra Costa times explained that “even with the significant downturn in the real estate market, some first-time homebuyers can find it difficult to come up with a down payment to buy a home. Others may find it difficult to qualify for a loan at all.” For people interested in purchasing properties in the Bay Area, including real estate in Livermore, there are programs that may make housing more affordable. The article claims that “the City of Livermore offers a city program that helps to defray the cost of home ownership or even offers certain properties in designated developments at set prices.” While this may be attractive for cash-strapped home buyers, these homes typically come with restrictions on resale and valuation attached.
According to 
On September 17, 2009, reporter Robert Jordan of the Contra Costa Times featured a Pleasanton couple, Hin and Holly Liu, in his 
Some of the most popular real estate in South Orange County is in the exclusive and elite neighborhood of Laguna Beach, a thriving beach community reserved for only the most selecting and wealthy residents. Luckily, recent analyses have seen an increase in the home prices and stability of beach markets like Laguna Beach. In fact, “September was the 15th consecutive month to see year-over-year sales gains,” claimed the writers of 
“After four-straight months of price gains, the median sales price of a Bay Area home fell by $35,000 from July to August while the number of homes sold also fell on a month-to-month basis,” reported Eve Mitchell of the Silicon Valley Mercury News on September 17, 2009. Fortunately, Palo Alto real estate has not been forced to bear the brunt of these massive price drops. In fact, Pete Carey of the 
As a part of the greater Santa Cruz area, most Capitola real estate follows similar trends and patterns in relation to its much larger counterpart. However, 
Real estate reporter for 
Orange County real estate is finally seeing some good news after years of recession and dropping house prices. For the first time in two years, Orange County home prices rose, according to Jeff Collins, Jonathan Lansner, and Mathew Padilla of 
Hints of a firming housing market are beginning to reinstate trust into one of the most adversely affected industries in the United States. 
Decreasing beach property prices doesn’t mean some of San Diego’s most elite residential communities will be inundated by new people. 