market: What are the schools in Castro Valley, CA?
- 02/17/15 02:23 AM
One of the most important features during house hunting is the location and quality of schools in the minds of parents. Understandably, they want to settle in a house not only they can afford but also could give best primary education for their small kids. Incidentally, I touched upon the median home value of Castro Valley and also some information about the top ranking elementary schools in this blog link - http://actvra.in/4ymP The Castro Valley Unified School District website lists down the following schools in the district. For convenience of the interested parents, I will attach the link for each school … (4 comments)
market: Median Price of Single-Family Homes in San Lorenzo, CA
- 02/11/15 07:08 AM
As per Bay East Association of Realtors, the Median Sales Price of single-family homes in San Lorenzo is $462,000 as of January 2015. There were 12 single-family detached units that were sold during January.
However, Realtor Property Resource reported in December that the Median Estimated Home Value for the County $607, 000 while that of San Lorenzo is $440,220 with changes: Change over last month: +0.66% Change over last 12 months: +12.55% A Bit of History: San Lorenzo is located on the route of El Camino Viejo on land of the former Rancho San Lorenzo a Mexican land grant given to Guillermo Castro in 1841, … (2 comments)
market: Median Price of Single-Family Homes in Castro Valley, CA
- 02/11/15 05:06 AM
As per the market data reported by Bay East Association of Realtors as of January 2015, the Median Sales Price is $604,750. The Inventory is low at 28 units as of the last day of January.
For the period ending December 2014, the NAR's Realtors Property Resource website reported that the Median Estimated Home Value is $637,570. Also, it reported the year-to-year increasing trend of home values as per the graph below: The change over the last month +0.75% Change over last 12 months: +9.41%
Regarding the elementary schools in Castro Valley based on their Weighted … (2 comments)
market: Nice and well-maintained home in San Jose, CA
- 09/11/14 12:55 PM
September, the first of the "ber" months signals the end of summer. Green leaves are turning brown and weather is becoming cooler. Excited students are returning to school presumably refreshed and reinvigorated from their vacation. Real estate business tends to slow down at this time for lack of inventory but buyers still abound and hopeful to snatch some late or reduced listings. In the Silicon Valley which includes the City of San Jose, http://en.wikipedia.org/wiki/Silicon_Valley the real estate business continues to move forward. In this light, I am listing a nice and well-maintained home with 4 beds, 2 baths; upgraded kitchen and floor; newer … (9 comments)
market: The Joy of Home Ownership - East Bay Area Market Trends, #1
- 08/31/14 03:01 AM
A great artist named Burt Bacharach once wrote a song entitled, "A House is not a Home" which conveys a message of love and joy. “And a house is not a home When there's no one there to hold you tight, And no one there you can kiss good night. “ “And a house is not a home When the two of us are far apart And one of us has a broken heart.”
However, to a Realtor, there is no perceptible distinction between a House and a Home.
The structure is considered merely as such without delving into the subjective … (2 comments)
Here is a video slide of the home - http://2276bentleyridgedrv.cbrb.com/
The home features are 6 fantastic Bedrooms, 5 Baths with large living area of 4,447 sq. ft. on a vast 10,038 sq. ft. lot with spectacular, unobstructed views all around the city - savoring the colorful city lights and valley around. Additionally, it boasts of a beautiful, large swimming pool, large patio, and … (2 comments)
market: For Sale in San Jose, CA located at 4131 Moreland Way
- 07/01/14 02:10 AM
I have a listing for a 2-story home with 2,991 sq/ft area and 10,370 sq/ft corner lot, near schools/commercial/shopping areas/freeway280. It has pgraded 6 beds, 4 baths, 1 office room. Also, it has upgraded kitchen & baths, new ref, dual oven, and sink. This home is situatied in a quiet neighborhood. There are various fruit trees in the backyard, big back/sideyard & patios. It has 17 solar panels that will help save electricity for the new owner.
… (3 comments)
market: Coming Soon - 4131 Moreland Way, San Jose, CA
- 05/30/14 08:45 AM
This two-story home with 2,991 sq. ft. living area sits on a big corner lot of 10,370 sq. ft. The location is part of Moreland Manor and covered by Saratoga School District, in the western portion of the City of San Jose. It is accessible to schools and commercial establishments. The Assessor's records reveal that the home has 5 bedrooms and 4 full baths. However, through the Seller's improvement of the property through the years, a storeroom was converted to another bedroom and numerous upgrades were done to the home that was initially built in 1952. Also, it has an Entertainment room … (0 comments)
market: Fastest-Growing Brokerages by Sales Volume, Transaction Sides for 2013
- 04/30/14 04:26 AM
This is article is personally interesting to me. I am quite humbled to be part of the company. Quoting from the article: "The following were the top 10 brokerages by sales volume for 2013: NRT LLC: $151.1 billion HomeServices of America Inc.: $63.5 billion The Long & Foster Companies Inc.: $26.1 billion Douglas Elliman Real Estate: $15 billion Alain Pinel, REALTORS®: $10.5 billion Hanna Holdings Inc.: $9.1 billion Realty ONE Group: $7.2 billion William Raveis Real Estate Inc.: $7.1 billion Ebby Halliday Real Estate Inc.: $6.4 billion First Team Real Estate: $5.9 billion The following 10 brokerages ranked the highest for … (0 comments)
market: 4 Types of Homes that are UNLIKELY to be put up for sale
- 04/25/14 07:34 AM
Let me cut the excitement why it so. The types of homes that are unlikely to be put for sale: 1. Low Equity Homes 2. Homes with Low Mortgage Rates 3. Homes Purchased or refinanced in the past 7 years 4. Company or investor owned Homes It was reported by Realtormag, see this link - http://realtormag.realtor.org/daily-news/2014/04/25/4-types-homes-wont-sell?om_rid=AAMyLR&om_mid=_BTWq0yB85q1l0U&om_ntype=RMODaily that "more than half of all existing homes are unlikely to be put up for sale anytime soon, unless there are significant changes in the housing market." Citing findings of Redfin, the magazine reported: "1. Low equity: Estimated 19 percent of homes. These are homes where the home owner … (0 comments)
market: TEN REASONS NOT TO MOVE TO TEXAS ( Go California!)
- 04/22/14 01:55 AM
Just read this article about Texas: - http://marioreyesrealtor.realtytimes.com/consumeradvice/buyersadvice1/item/28392-20140421-ten-reasons-not-move-to-texas, and because of this, I love more California. Please read and the article is informative, writer is knowledgeable. Maybe the writer is from Texas.
1. There are no State income taxes. This means less government employees and retirement dollars for their pensions. If you are the civil service type, this state is not for you. 2. There is a lot of open spaces and clean air. If you are worried about UVA rays, you will obviously want to stay where there is smog to block out the sun. 3. There are over 50 billionaires in Texas. How … (2 comments)
Woodside, Calif., is one of the hottest real estate markets. This home is currently for sale there for $12.5 million. It seems that with the growth of the tech firms and advances in technology, the Silicon Valley attracts people with good paying jobs to stay in Silicon Valley. Where the work is, the home should be where it is. Logical and natural thing to do. Per report of Robert Frank - "The tech boom is turning Silicon Valley dirt into gold." Mr. Frank based his report from … (6 comments)
market: 10 SMALL CITIES THAT ARE BIG ON AFFORDABILITY
- 03/17/14 02:57 AM
With the low inventory of houses for sale in the San Francisco Bay Area that is fueling the rising prices of homes, it is a welcome information that elsewhere in the country there are cities with affordable housing. Per CNN Money report, these are the cities: 1. Kokomo, Indiana 2. Springfield, Ohio 3. Monroe, Michigan 4. Vineland, New Jersey 5. Cumberland, Maryland 6. Davenport, Iowa 7. Lima, Ohio 8. Bay City, Michigan 9. Fairbanks, Alaska 10. Mansfield, Ohio Further it states: "Kokomo, Indiana, tops the list with a population of just over 80,000. The median home price is $85,000 and the median income is $60,100. The percent of homes sold … (2 comments)
market: How Californians Finance Their Homes
- 03/13/14 03:40 PM
As per the below infographic/image from the California Association of Realtors' website, the following interesting data appear: In 2013, majority of Californians preferred 30-year fixed rate rate than other financing options; 91% of Californians financed their homes in 2013; 25% is the average down payment; 91% of the Buyers obtained a fixed rate loan; 85% of the Buyers obtained a 30-year loan; and 83% of the Buyers had not problem with their appraisal. The preference for fixed rate indicates that Californians prefer stability … (3 comments)
market: Big Investors Boosting Home Prices
- 03/13/14 03:02 PM
I am sharing this article that appeared in California Association of Realtor's website with this link - http://www.npr.org/2014/03/10/286261937/big-investors-boosting-home-prices-and-not-everyones-pleased that may serve as one of the reasons why there is not enough inventory of homes for sales to the public, partially quoted as follows: "A major factor in the price rise is hedge funds, private equity firms and other large investors. They've moved aggressively into the residential market over the past two years, buying tens of thousands of distressed properties, often at bargain prices. "Some analysts are worried that those bulk purchases will leave middle-class buyers out in the cold. … (0 comments)
market: Good news! Homeowners having equity!
- 03/07/14 07:26 AM
4 Million Homes Return to Positive Equity Five states alone account for nearly 37 percent of the negative equity in the U.S. CoreLogic reports that the following five states have the highest percentage of mortgaged properties in negative equity: Nevada: 30.4% Florida: 28.1% Arizona: 21.5% Ohio: 19% Illinois: 18.7% Rising home prices helped many home owners welcome the return of equity in their homes last year. In 2013, 4 million homes returned to positive equity, bringing the total to 42.7 million, CoreLogic reports in its fourth quarter 2013 Equity Report. Of the 42.7 million residential properties that now have positive equity, … (0 comments)
market: Got $115,510 annual income to buy medium-priced home in Bay Area?
- 02/18/14 12:46 PM
The San Francisco Bay Area, commonly known as the Bay Area, is a populated region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses the major cities and metropolitan areas of San Francisco, Oakland, and San Jose, along with smaller urban and rural areas. The Bay Area's nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco,San Mateo, Santa Clara, Solano, and Sonoma. Home to approximately 7.15 million people, the nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a network of roads, highways, railroads, bridges, tunnels and commuter rail. The combined urban area of San Francisco and San Jose is the second largest in California (after the Greater Los Angeles area), the … (0 comments)
market: "We loved with a love that was more than love."
- 02/14/14 02:08 AM
The subject is by Edgar Allan Poe. On this special day, I greet everyone a Happy Hearts Day! Realtors do love. We love our families, friends, relatives and clients.
… (4 comments)
market: Bay Area is wet and cold, lead generation continues
- 02/10/14 05:47 AM
For a almost a week now, Bay Area in Northern California has been experiencing rains and in some areas reports of flooding http://sanfrancisco.cbslocal.com/2014/02/09/storm-northern-california-rain-snow/ were reported.
This morning, I watched the TV weather report, and it was said that about "two to three winter storms are on the way." Here is another report from another TV channel regarding drought...yes drought replaced by flooding! http://www.ktvu.com/news/news/local/drought-woes-replaced-fears-flooding/ndGsB/
Rains but not flooding is a good news, much better than the drought that was feared in previous weeks. People will be trooping the Sierra for snowboarding again for some fun. Elsewhere, at the Real Estate offices and at … (0 comments)
market: Housing Market in Castro Valley, California
- 02/05/14 04:23 AM
As for the housing market in Castro Valley particularly on Single Family Residence, the trend is a slow recovery through the years from 2009 to 2013 right after the free fall of the market from 2007 to 2008. In the good old days of 2001 up until 2005, the housing market in Castro Valley enjoyed a robust median price of $679,500, then fell to $460,000 in 2009 and since that time has been steadily rising up to $570,000 in 2013. Whether or not the housing market in Castro Valley will be able to duplicate or surpass its previous highest median price is something to be seen. The … (7 comments)
One of the most important features during house hunting is the location and quality of schools in the minds of parents. Understandably, they want to settle in a house not only they can afford but also could give best primary education for their small kids. Incidentally, I touched upon the median home value of Castro Valley and also some information about the top ranking elementary schools in this blog link - http://actvra.in/4ymP
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