The $510,000 median for the nine-county Bay Area represents a jump of 30.8 percent from a year ago and a record 17 percent above March’s median price, said DataQuick, a San Diego real estate service that produced the report.

“The Bay Area is getting back to normal fast,” said Andrew LePage, a DataQuick analyst. “We’ve had just the right ingredients for big increases in the median and other price measures. We’ve got drum-tight inventory of homes for sale, an unprecedented level of investors chasing homes, interest rates lower than most of us alive have ever seen, and changes in the types of homes selling and where they’re selling.”

The median represents a midpoint, meaning half of Bay Area homes sold for more than $510,000 and half sold for less. It is influenced both by actual appreciation in home values and by a changing mix of homes sold.

The Bay Area median peaked at $665,000 in summer 2007. During the real estate downturn, bargain-basement foreclosures and short sales helped drag the median down to a low of $375,000 in March 2009. Now, with far fewer distress sales and more high-end homes changing hands, a similar dynamic is buoying it. DataQuick said the median has regained 59 percent of its losses.

Carolyn Said is a San Francisco Chronicle staff writer. E-mail: Csaid@sfchronicle.com Twitter: @csaid

Article source: http://www.sfgate.com/business/article/Bay-Area-median-home-price-hits-510-000-4520145.php

EUGENE, OR – January 23, 2012 – (RealEstateRama) — IDX, Inc. is pleased to welcome the real estate expertise of Lou Hrono of Century 21 Northshore to the growing network of realty professionals dedicated to serving the needs of their clients. Luxury home seekers can now experience an unprecedented level of accessibility to thousands of Massachusetts MLS Property Info Network (MLSPIN) listings, on Hrono’s convenient and easy-to-use IDX-enabled Century 21 Northshore website. As the raw listings data of MLSPIN properties is now extracted and seamlessly integrated into the search functions Hrono hosts, IDX Broker has forever changed the way North Bay San Francisco area home seekers access the MLSPIN database and find the perfect property online.

Hrono can also make his WordPress blog into a powerful lead capture solution by displaying IDX search forms, widgets, and links both on his blog and on his primary website. IDX Broker makes integration a breeze for Hrono, and by simply choosing one design for all of his IDX results and details pages, he can then utilize the IDX Broker WordPress Plugin to add indexable page links, such as the IDX Lead Login Widget. He can even develop automatic page wrappers, which allow him to synchronize all his design or layout changes with the click of a button.

With access to an administrative login page, IDX Broker helps Hrono effectively and efficiently manage all of the tools his IDX solution supplies to him. From one convenient location, he is able to edit the CSS and global wrappers affiliated with his page to create a unique look and professional branding that represents his company online. By adding a custom IDX solution, Hrono has transformed his professional website to be the most effective real estate resource for his clients.

About Lou Hrono

Lou Hrono is a real estate broker with Century 21 Northshore of Medford, Massachusetts.

About IDX, Inc.

Based in Eugene, Oregon, IDX Inc. is nationally known as a leading provider of real estate search applications. IDX, Inc. actively manages over $1 trillion worth of active listings data from over 450 individual Multiple Listings Services (MLS). IDX, Inc. provides integrated IDX software, customizable listing search utilities and lead management tools for real estate based websites ( IDX Broker ). In addition to the primary web-based software, IDX also provides an integrated WordPress widget for use in WordPress based blogs and websites ( IDX Broker WordPress Plugin ) as well as a dedicated mobile application available for the iPhone and iPad ( myAgent IDX ). The entire suite of real estate software available from IDX is easy to manage and maintain and helps real estate professionals display real estate data from their multiple listing service (MLS) regardless of their technical ability. For more information on all the services provided by IDX, Inc. please visit www.idxbroker.com .

Tagged as: Luxury

Comments

[...] RealEstateRama (press release) Hrono can also make his WordPress blog into a powerful lead capture solution by displaying IDX search forms, widgets, and links both on his blog and on his primary website. IDX Broker makes integration a breeze for Hrono, and by simply choosing one …Find out more from WordPress … [...]

Leave a comment

No related posts.

Recent Posts

• • IDX, Inc. and James Marsden Realty bring innovative property search features to Massachusetts
  • Luxury Massachusetts home listings displayed through IDX Broker WordPress Plugin on website of Lou Hrono
  • Tierney Continues to Call on FHFA to Allow Mortgage Modifications and Keep Families in their Homes
  • Three Historic Homes Offered For Sale
  • Markey, Brady, Schwartz Call For Increasing Size of Northeast Home Heating Oil Reserve

Popular Posts

• • Saugus Real Estate Company Sued by AG Coakley for Posting Discriminatory Housing Advertisements on Craigslist
  • HUD CHARGES MASSACHUSETTS CONDO BOARD AND MANAGEMENT COMPANY WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN
  • Attorney General Martha Coakley Obtains Judgment Against Hyde Park Landlord for Alleged Posting of Discriminatory Housing Advertisement on Craigslist
  • Kerry, Brown: Seven Mass Housing Organizations To Receive $399,780 For Foreclosure Prevention
  • HUD and EPA Enforcement Action Leads to $2.25 Million Settlement from Real Estate Companies
  • Massachusetts Home Sales Down in June and Second Quarter
  • MassHousing Makes Loan Commitments of up to $15.1 Million for Final Phases of the Revitalization of the Franklin Hill Public Housing Development in Dorchester
  • Massachusetts Home Sales Continue to Decline in March and in First Quarter
  • Real Estate Investing Within Self-Directed IRAs: 2008 Seminar Series Announced
  • AG Coakley Obtains Consent Judgment Against Landlord for Alleged Posting of Discriminatory Housing Advertisement on Craigslist

Article source: http://massachusetts.realestaterama.com/2012/01/23/luxury-massachusetts-home-listings-displayed-through-idx-broker-wordpress-plugin-on-website-of-lou-hrono-ID0408.html