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walnut creek: History of Home Prices and Interest Rates - 02/08/10 05:13 PM
I couldn't wait to see what the graph looked like this year as 2009 was a down year for home prices across the country. In normal markets, when interest rates are low (see history of interest rate chart below), home prices normally increase. Even at the previous historic low in 1963 rates were around 6%. Last year they averaged just under 5%. The government has kept interest rates artificially low. There is always a price to pay when the government interferes in the markets. Unintended consequences can be expected later this year and in future years.
Here are the actual percentage decreases in home … (2 comments)
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walnut creek: History of Home Prices and Interest Rates - 02/18/09 08:21 PM
Average Selling Price for Detached Single Family Homes
Average selling price, since 1983, for detached single family homes for the towns of Alamo, Blackhawk, Danville, San Ramon and Walnut Creek, California, with corresponding inserted interest rate chart.
I've charted and graphed price changes for the last 25 years in these areas. It's interesting to note that if you were to project a line at an angle aligning the most stable years you'll see we're still about 25% higher now than we should be, but that's just my opinion.
Take a look at the interest rate chart which goes back to 1963. Current interest rates … (2 comments)
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walnut creek: Walnut Creek, Rossmoor Listing - 11/29/08 05:50 PM
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walnut creek: Walnut Creek Rossmoor Price Reduction - 08/16/07 03:05 PM
$6,000 PRICE REDUCTION! Now just $179,950 Address: 1300 Canyonwood Court, Suite #7 Type: Residential Style: Single Story "Contemporary" Bedrooms: 2 "Spacious bedrooms" Bathrooms: 1 "Shower over tub" Garage: n/a "Carport parking" Size: 1,054 sq. ft. "Public records" Lot Type: Rectangular Year Built: 1967 MLS: 40269342 Offer Price: $179,950
Move right in to this 2 bedroom, 1 bath Sequoia model in the retirement community of Rossmoor. Beautiful views of the surrounding hills from your private balcony with lots of room for multiple seating. Carport #2 provides close-in parking and a storage locker. Enjoy golf, tennis, swimming, clubhouse and all of the Rossmoor activities for an active retirement. Clost to downtown Walnut Creek with plenty … (2 comments)
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walnut creek: Diablo Hills Golf Course, Walnut Creek, California, Heather Farms - 04/17/07 04:19 PM
Diablo Hills Golf Course
The Diablo Hills Golf Course is located on Marchbanks Road, off Ygnacio Valley road in Walnut Creek, California.
The 9-hole Diablo Hills course at the Diablo Hills Golf Course facility in Walnut Creek, California features 2,302 yards of golf from the longest tees for a par of 34. Designed by Robert Muir Graves, ASGCA, the Diablo Hills golf course opened in 1975.
1551 Marchbanks Drive, Walnut Creek, CA 94598. The owner is Hardev Singh. The golf pro is Nick Andrakin. For more information or to schedule a "T" time call (925) 939-7372.
Select this link to view driving directions. … (0 comments)
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walnut creek: Updated History of Home Prices, Contra Costa County - 12/29/06 06:05 PM
As a real estate broker, it's my responsibility to provide my clients with the information they need to make informed decisions. I use Microsoft Excel to chart and graph the average yearly contract interest rate and sold price of single family homes in Alamo, Blackhawk, Danville, San Ramon and Walnut Creek.
When home prices and interest rates are displayed in chart format, it's much easier to educate prospective buyers and sellers about the real estate market. But more importantly, it shows what a fantastic investment real estate is, especially considering it's usually a leverage investment. An interest rate chart is included showing rates from 1983 … (1 comments)
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Gene Ward
Danville,
CA
More about me…
Area Pro Realty NorCal
Address: 425 El Pintado Road, Suite 170, Danville, CA, 94526
Office Phone: (925) 552-1222
Cell Phone: (925) 890-6278
Email Me
Information and real estate market statistics for Alamo, CA. An inside look into the truth about real estate. How to find the right properties and negotiate the best deals. Real Estate professionals of Area Pr Reaty NorCal.
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