real estate: Reducing The Stress When You Sell Your Home And Buy Another One
- 09/13/11 09:49 AM
One of the biggest headaches most people face when selling their home is how to tie it into the purchase of the home you are moving to. Should you sell first or buy first? If money is not an issue, there is no problem. Just buy your next home first and then list your existing home for sale. But for most of us, money is an issue so that approach won’t work very often. First Carry Out A Feasibility Study Having decided you want to move or you need to move, the first step should be to see if your expectations … (4 comments)
real estate: First Quarter 2011 San Ramon Valley Real Estate Review
- 05/03/11 11:18 AM
Buyers and sellers are still asking me if the real estate market has bottomed out and if prices are going to rise any time soon. In view of the contradictory reports you read in the national press, this is not surprising. One week we are in recovery mode, the next week we see predictions of a "double-dip". It really doesn't matter what you read on a national basis. It is really all meaningless because real estate is local. How can you expect to see similar markets in California and Ohio? Even the East Bay and the South Bay have vastly different … (2 comments)
real estate: Short Sales - The Good, The Bad and The Ugly
- 03/14/11 01:25 PM
When I first got into the real estate business over 10 years ago, I never thought that I would have to deal with Short Sales or Foreclosures, but then greed, unregulated lending and very questionable lending practices that were deemed acceptable by banks and mortgage brokers became the norm and the result was the housing crisis that we are still experiencing today. Not surprisingly, few banks and real estate agents had any expertise in dealing with Short Sales so the early days were a challenge to say the least. Eventually, with input from the California Association of Realtors, real estate attorneys … (1 comments)
real estate: Danville CA Real Estate Market Watch - March 2011
- 03/14/11 01:08 PM
Latest Full Months Statistics for Danville CA Homes (including Blackhawk and Diablo) At the time of writing (March 8th, 2011) there were 174 detached single family homes for sale in Danville CA (25 more than last month) and 42 condos and townhomes etc., not much change there. So there is still around 3 months supply of homes on the market. Danville CA real estate has been encouragingly stable for a few months now. But although it is stable, there is still insufficient supply to meet the demand. The most desirable homes that come on the market are seeing incredible … (0 comments)
real estate: San Ramon CA Real Estate Market Watch - March 2011
- 03/11/11 08:43 AM
Latest Full Months Statistics for San Ramon Homes Source: MAX Contra Costa/Alameda MLS) At the time of writing (March 8th, 2011), there were 126 detached single family homes for sale in San Ramon, CA (about the same as a month ago) and 79 condos and town homes etc. (an increase of almost 50% on last month). We generally see more new listings coming on in February and March, so the condo figures are not really as dramatic as they sound but there is a real shortage of single family detached homes for sale in San Ramon. The numbers of sales of … (0 comments)
real estate: San Ramon Valley Real Estate - State of The Market - February 2011
- 02/16/11 09:08 AM
It has been a harrowing few years in real estate markets across the nation and even the East Bay home values have been seriously impacted by the economic downturn. Can we look forward to better times in 2011? Is there at least a light at the end of the tunnel? Read on to find out. We entered 2010 with mortgage interest rates around 5.5%. Now they are around 4.75% and have been for some time. 15 year rates are as low as 4.25% and even lower rates are available for those with the nerve to take on adjustable rate mortgages. … (0 comments)
real estate: Danville CA Real Estate Market Watch - February 2011
- 02/01/11 12:30 PM
Danville CA Real Estate Market Watch Latest Full Months Statistics for Danville CA Homes (including Blackhawk and Diablo) At the time of writing (February 1st, 2011) there were 147 detached single family homes for sale in Danville CA and 40 condos and townhomes etc., This is virtually the same as last month at this time and represents around 3 months supply of homes of all types and would be generally considered a sellers' market by traditional standards. Now, at least in the single family home market, we are starting to see slightly increased prices. This is probably related to the large numbers … (0 comments)
real estate: Danville CA Real Estate Market Watch - January 2011
- 01/12/11 11:05 AM
Latest Full Months Statistics for Danville CA Homes (including Blackhawk and Diablo) At the time of writing (January 11th, 2011) there were 142 detached single family homes for sale in Danville CA and 45 condos and townhomes etc., This represents around 3 months supply of homes of all types and would be generally considered a sellers' market by traditional standards. Why then, if this is the case, are we not seeing rising prices? The answer relates to appraised value. Regardless of what price a buyer is willing to pay for a home, if recent comparable sales do not support that … (0 comments)
real estate: San Ramon Real Estate Market Watch – January 2011
- 01/12/11 10:51 AM
The San Ramon Real Estate Market Latest Full Months Statistics for San Ramon Homes (Source: MAX Contra Costa/Alameda MLS) At the time of writing (January 11th, 2011), there were 113 detached single family homes for sale in San Ramon, CA (about 25% less than a month ago) and 80 condos and town homes etc. (again, about 25% less than December). Taking seasonal variances into consideration, this is perhaps to be expected. New home sellers are typically reluctant to list their homes for sale in January and February and we will probably see some increases from March. The numbers of sales agreed … (2 comments)
real estate: Closing Gifts
- 01/12/11 10:00 AM
When I first got in to the real estate business in the San Ramon Valley (in the San Francisco East Bay) around 10 years ago, it was common practice for agents to give their buyers a "Closing Gift" when the transaction closed. Sometimes a $50 or $100 Home Depot voucher, sometimes something a little more personal - perhaps a framed photo of their new home. Gift baskets and bottles of Champagne were others. Now it seems that this practice is dying out. Sure, the older hands who have been in the biz for years still do it but I don't see it … (7 comments)
real estate: Could The Market Be Changing For The Better In The San Francisco East Bay?
- 04/03/09 12:06 PM
I just carried out an analysis of real estate activity in San Ramon (using Clarus Market Metrics of course - what a great tool!). I was just considering detached single family homes. The results were encouraging to say the least. We have seen an increase in median sales price for 3 straight months now. And in numbers of sales agreed for 4 straight months. These are not just small increases and this is despite the fact that we are seeing increasing numbers of home for sale. The inventory is being taken up faster than new homes are listed. At the end … (0 comments)
One of the biggest headaches most people face when selling their home is how to tie it into the purchase of the home you are moving to. Should you sell first or buy first?
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