real estate market: When will home prices come down and what will bring them down? - 08/05/15 07:04 AM
When will home prices come down and what will bring them down?Right off the bat I will say that no one knows for sure. If I could predict every thing I would be rich. But I want to give you some thoughts.
There is an unprecedented run up in home prices over the last four years with as of yet no end in site. As we all know is everything that goes up must come down. Real Estate runs in cycles, many feel we are due for a down turn. However, consider the following:
Prices have still not returned to the pre-crash … (0 comments)

real estate market: Why Real Estate Prices might go up even higher! - 09/30/14 04:32 AM
Why Real Estate Prices might go up even higher!
I caught the National Real Estate Post (NREP) this morning. There are indications that higher housing prices are on the way. I feel higher prices are on the way due to coming inflation, but they had another reason.
You can start your Home Search Here Now!
Per NREP the National Association of Realtors (NAR) says New Housing Starts are only at about 60% of what they need to be. This means there will be even more demand on the resale market come spring.
So why are new Housing Starts not where they … (3 comments)

real estate market: So is the Housing Market Ready to Crash Again? - 09/26/14 04:39 AM
So is the Housing Market Ready to Crash Again?
This is the question I get from many people. If I had a crystal ball I would be rich and not spending my morning writing a blog post, but my general feeling is “NO”!

Home sales have slowed – this is true, but we have gone from the hottest sellers market anyone has ever seen to just a plain Hot Sellers Market. What has disappeared from the market is a lot of the investors buying the low end properties or fixer uppers and flipping them, oh some are still there but … (15 comments)

real estate market: The Crazy East Contra Costa Real Estate Market? 2012 - 02/21/13 03:39 AM
The Crazy East Contra Costa Real Estate Market? 2012 Over the past year we have seen an explosion of Real Estate Prices. Home Prices in East Contra Costa County cities of Bay Point, Pittsburg, Antioch, Oakley, Brentwood, Discovery Bay, Byron, Knightsen, and Bethel Island.
Click Here to Search East Contra Costa County Homes Now!
This jump in Home Prices started in about April or May of last year. Home prices jumped by 33% in a one year period.
Click here to see more details on the price increases numbers.
I do not think prices will fall, even when we … (4 comments)

real estate market: OK – All I could think about was the Real Estate Market! - 04/17/12 02:32 AM
OK – All I could think about was the Real Estate Market!
Did you read Dilbert on 4-16-12?
In my head all I could do was substitute the word “Stock Market” with “Real Estate.”
I cannot show the strip here – but follow the link.
This describes some of my Investor Clients very well.
There are only two types of Real Estate Investors:
Those Investing Now
and those that will wish they had!
(8 comments)

real estate market: When Theory Meets Reality – Reality Wins! - 01/27/12 10:55 AM
When Theory Meets Reality – Reality Wins!
For therapeutic purposes I will write this letter here and not send it to my client. I have given him the gist of it, but much politer:
Dear Investor,
I understand you want to buy 6 or 7 more homes after the one we purchased last year. I also understand you are willing to pay cash for some of them.
The one we closed on last year was a great buy, great Return on Investment and great CAP Rate.
However, in the last year you have been reluctant to pay enough to get yourself … (11 comments)

real estate market: Every Market is Different - Some are doing very well! - 07/01/11 10:45 AM
It seems that every time you turn around there is another negative story about housing prices going down.  Although I am not sure that dropping housing prices is a negative story for families that are now finding an affordable home for the first time.
In fact the latest news reports show an increase in housing prices in March - April. 
Here is an article from the Wall Street Journal that talks about one market where things are booming.  The boom is for certain economic reasons that may not apply to your market - the point is that each market is different … (0 comments)

real estate market: TEN REASONS TO BUY NOW!!!!!! - 10/15/08 10:11 AM
Into the Spring and Summer the market seemed to be picking up. I had clients put in offers on homes that had over 20 offers on them. Most well priced homes were getting multiple offers. Right now there seems to be a slow down, although there are no numbers yet to support the fact, it is just my feeling from talking to people. Here are ten reasons I believe there is a slow down, why it will be short, and now is the time to buy:
1. This is the time of year when there is a traditional seasonal slow down. … (0 comments)

real estate market: Look at the Numbers – The Market has turned! - 02/25/08 04:47 AM
When I talk about the market I always qualify myself by pointing out what a lousy stock picker I am and the fact that I cannot never pick the winner in a football game.  I do not play poker (I cannot bluff), I do play blackjack (where I can look at the numbers and make an educated decision). 
In the past week I have shared anecdotal information about multiple offers on well priced homes, homes being sold before offers can be submitted, and have told you about people loosing out on a home they wanted by low balling an already well … (0 comments)

 
Gene Riemenschneider, Turning Houses into Homes (Home Point Real Estate)

Gene Riemenschneider

Turning Houses into Homes

Brentwood, CA

More about me…

Home Point Real Estate

Address: 50 Sand Creek Road, Suite 316, Brentwood, CA, 94513

Office: (925) 260-4321

Mobile: (925) 260-4321

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