680 Corridor Real Estate News...February Update

Real Estate Agent with Tucker Associates Real Estate Services Broker, CalBRE 01165309

East Bay Real Estate Can Be Frustrating!Wow...That is all I can really say about the current happenings in the 680 Corridor Real Estate Market. From Dublin to San Ramon, Danville to Blackhawk and Alamo to Walnut Creek 2013 Real Estate has started off sizzling...Just this week two homes I know of with 16 offers, a condo with 30 and numerous other properties with multiple offers are causing excitement for home sellers and frustration for home buyers.

From a seller's perspective this is welcome news but with it comes a bit of confusion. Marketing times on select properties range from a few days to a week or so. When it comes time to review those offers the highest price is always not the best. Contract terms are important. What type of financing is being proposed (and what bank issued the pre-approval letter)? What inspections are being called for? Is there an appraisal contingency? These are just a few pieces which have a dramatic effect on the quality of the bid to purchase your home.

From a buyer's perspective one must be prepared. The Bay Area Real Estate Market began to turn toward the end of the first quarter of 2012 with the number of buyers outpacing the available inventory of homes for sale. I dealt with numerous transactions last year for listings and sales and they all had one thing in common...MULTIPLE OFFERS. When you are ready to look for homes you must be able to act quickly. Your financing must be ironclad and the number one item is to not get your hopes up too quickly. Understand the terms of what makes an offer attractive from the outset and, most of all, keep a cool head in the midst of CRAZY...


If you are thinking of selling, the time is right...no need to wait for Spring.

If you are thinking of buying, now is also an excellent time but patience is a virtue.


...Just Give Me A Call !!!

Posted by

Thinking of Buying, Selling or would just like to discuss what's going on in your neighborhood?


Doug Anderson

Doug Anderson An Independent Real Estate Broker - Executive Brokers, sm

 800.900.2634 Toll Free...925.974.1171 Direct...925.570.0611 Mobile


Alamo Homes For Sale          Blackhawk Homes for Sale


San Ramon Home Search          Danville Homes for Sale


Walnut Creek Homes for Sale          Contra Costa Bank Owned Homes


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California Bureau of Real Estate Broker Licenses 01165309 and 01190879 

Any statistics were compiled from Public Records and other industry sources and are deemed reliable but not guaranteed. Any square footage quoted is approximate and requires buyer verification. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, family status or national origin.


Equal Housing Opportunity

© J. Douglas Anderson 2010-2013 All Rights Reserved

Comments (4)

Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Info for your market!! Keep up the good work and good luck with your business in 2013!

Feb 13, 2013 09:06 PM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Doug - Good information for both buyers and sellers to know about the 680 Corridor!  Now is the time serious buyers need to be working with a serious, and experienced real estate professional like yourself - Doug Anderson for all of your 680 Corridor real estate needs!

Feb 14, 2013 08:21 AM
Doug Anderson
Tucker Associates Real Estate Services - Danville, CA
Bay Area Real Estate Views

Thanks Bob and Thank You Laura!!!

Feb 18, 2013 06:07 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Wow is right!  Sounds like prices will be going up just to cool down the number of offers.  Love the photo!

Feb 22, 2013 08:29 AM