Moving Up or Down Can Be A Challenge in Today’s Real Estate Market
Whether you’re busting out of your current house and need something bigger, or with the kids gone you’re looking to downsize, buying a new home while you still own your current home can be challenging. There are a number of different routes one can take to achieve this goal, but you can expect some added stress along the way. With home lenders being as conservative as they have been, many are reluctant to lend to home buyer that still has an outstanding loan on another property. They generally won’t take any rent income into...
read moreWhat’s Happening in Today’s Market – Walnut Creek Area Real Estate
The real estate market is going through a pretty substantial change now. Demand has increased dramatically, especially in the lower price ranges, as many foreclosures and short sales on the market are seeing multiple offers and sales over asking price. There has not been a sufficient supply of homes on the market to quench the demand recently, as illustrated in this table. In what many would call a “normal” market, you’d typically expect to see a 3-5 month supply of homes on the market at any given time. As you can see in the table...
read moreWalnut Creek Area Home Sales for January, 2012
Click on the links below to see sales that finalized and closed in our area in January, 2012. The link will show pictures and information for all properties sold though the MLS during the past month. Walnut Creek Home Sales for January, 2012 Pleasant Hill Home Sales for January, 2012 Concord Home Sales for January, 2012 Clayton Home Sales for January, 2012 Martinez Home Sales for January, 2012 Lamorinda Home Sales for January, 2012 Danville Home Sales for January, 2012 San Ramon Home Sales for January, 2012 Dublin Home Sales for...
read moreLooking to Buy a Short Sale or Foreclosure?
Short sales and foreclosures are a large part of home sales in our local market area. Often, buyers that are new to the market are confused by the difference between the process of purchasing one of these homes. The similarities between purchasing a short sale and a foreclosure are that the buyer should expect to get somewhat of a discount below market value and that they can expect the sale will be “as-is” – no repairs will be done regardless of what the buyer finds in the course of any exceptions. Beyond that, the...
read moreWalnut Creek Area Home Sales for December, 2011
Click on the links below to see sales that finalized and closed in our area in December, 2011. The link will show pictures and information for all properties sold though the MLS during the past month. Walnut Creek Home Sales for December, 2011 Pleasant Hill Home Sales for December, 2011 Concord Home Sales for December, 2011 Clayton Home Sales for December, 2011 Martinez Home Sales for December, 2011 Lamorinda Home Sales for December, 2011 Danville Home Sales for December, 2011 San Ramon Home Sales for December, 2011 Dublin Home Sales for...
read moreWhat’s Happening in Today’s Market – Walnut Creek Real Estate
The total number of sales in Central Contra Costa County increased in all areas versus the previous few years over the same period, a reflection of more buyers taking advantage of low interest rates to purchase a home, as well as investors entering the market place in greater numbers. The median sales prices in most areas continued to drop slightly. The biggest factors influencing that are the high number of distressed sales, both short sales and foreclosures, that continue to permeate the market. As you can see from the chart below, short...
read moreBest Improvements to Make Prior to Selling
When I meet a potential home seller for the first time, one of the first things I’m asked is what improvements or repairs they should make prior to putting their home on the market. It’s a difficult question, given there are so many variables that determine what a buyer is willing to pay for a home. Of course, you could spend a fortune to make everything look brand new, but generally, that doesn’t pay off in the end. What I try to look for are improvements that are cost effective – those that when completed as a whole,...
read moreIs Getting A Permit Really Necessary? – Walnut Creek Real Estate
Many times over the years, I’ve been involved in home sales in which the seller had done work to their home without getting permits from the local city or county building department. The reasons are usually along the lines of “I didn’t think I needed one” or “It’s too expensive and unnecessary”. While there may be some added expense and time, it usually is much less dramatic than the homeowner anticipates. There are also a number of very good reasons to get a permit for any substantial work taking place on your property: A...
read moreWalnut Creek Area Home Sales for November, 2011
Click on the links below to see sales that finalized and closed in our area in November, 2011. The link will show pictures and information for all properties sold though the MLS. Walnut Creek Home Sales for November, 2011 Pleasant Hill Home Sales for November, 2011 Concord Home Sales for November, 2011 Clayton Home Sales for November, 2011 Martinez Home Sales for November, 2011 Lamorinda Home Sales for November, 2011 Danville Home Sales for November, 2011 San Ramon Home Sales for November, 2011 Dublin Home Sales for November,...
read moreArea Home Sales for Week Ending 11/20/11
Click on the links below to see sales that finalized and closed in our area this past week. Walnut Creek Home Sales for Week Ending 11/20/11 Pleasant Hill Home Sales for Week Ending 11/20/11 Concord Home Sales for Week Ending 11/20/11 Clayton Home Sales for Week Ending 11/20/11 Martinez Home Sales for Week Ending 11/20/11 Lamorinda Home Sales for Week Ending 11/20/11 Danville Home Sales for Week Ending 11/20/11 San Ramon Home Sales for Week Ending 11/20/11 Dublin Home Sales for Week Ending 11/20/11 Pleasanton Home Sales for Week Ending...
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2950 Buskirk Ave. Suite 300