Prices Increasing? - 11/19/09 11:48 PM
Dataquick reports today that the median price of Bay area homes is $390,000, up nearly 7% from September 2009. They report that the increase is due to adip in foreclosures and a rise in the number of high end sales.But at the same time 33% of the Fixed, A paper loans are in default in the 3rd quarter( 21% last year) and 16% increase in defaults on subprime loans( 35% last year).In San Ramon, zip code 94582 the increase in prices and reduction is inventory is very similar.



 
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Windemere YTD Market Summary - 11/18/09 01:51 PM
Year to Date activity in Windemere has seen 129 sold homes reported on the MLS. Sales of New Homes sometimes get reported but not all the time. This data is based on what has been reported and I have broken it down into List Price vs Sold price vs Sold Month:
Activity indicated in the 2000-3000 sq ft homes. Here is the data :Square footage 3000-4000 sq ft starting from January to date, 2009:4000 sq ft plus activity:Out of the 129 sales reported on the MLS, 36 homes were short sales and 20 homes were Bank owned homes.Out of the currently … (0 comments)

Short Sales- are they a valid solution for you? - 11/05/09 08:51 PM
Hardship, Foreclosure and the Homeowner In an uncertain real estate market and troubling national economy, too many homeowners are faced with the immense challenge of maintaining their mortgage by living paycheck to paycheck, taking a large pay cut, having to pay unexpected medical bills, or losing their job entirely. In addition to perhaps having little to no savings and little available credit, the situation can be very grim. There are options for homeowners feeling stuck in this situation and faced with certain foreclosure. Some may be able to sell their home with barely enough money to pay off their mortgage. Some … (4 comments)

Back from Vacation, God is it good to be back ! - 11/04/09 02:25 PM
All it takes me is an overseas trip to a third world country to start realising my blessings and thanking God for them. I would highly recommend all the pundits going crazy with their" The US is going down and everything is bad" negative raaga to go visit a far away country- that would show them what a great life we have here.  Why are we, as a society, becoming a bunch of whiners and complainers? I know when you lose your job, or your healthcare  or lose anything else that is important to you- the tendency is to cry about … (2 comments)

 
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Rama Mehra,Call 925.698.1815 Certified Pre Foreclosure Specialist

San Ramon, CA

More about me…

Keller Williams Realty

Address: 760 Camino Ramon, Ste 200, Danville, CA, 94526

Office Phone: (925) 855-8333

Cell Phone: (925) 698-1815

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You have reached Rama Mehra's blog page ! This is your one stop place to get the straightforward talk about the east Bay cities of San Ramon, Danville and Dublin. You can get home values and learn about things around the area. Most of these blogs are opinion based !


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