Part of Alameda Real Estate Swimming

Happy New Year's Eve to all those who love to real about Alameda Real Estate, even on the last day of 2008.

I found this widget on SF Gate about homes that are Under Water. According to Zillow who powers the data, 13-14% of Alameda homes are now worth less than what people owe in their mortgage. So of the 14,561 owned properties in Alameda that is roughly 1,890 to 2,039 homes in the market.

The bigger number was 21.2% of homes in 94501 and the 18.4% in the 94502 that were sold at a loss.

See the SF Gate Data Center has a lot of cool data: http://www.sfgate.com/data/

Have a Safe and Happy New Year