Hello Susan,
There are several short-term owners on the market. The San Ramon/Windemere market has been strengthening since about May. Inventory is very low in the are. Nearby homes have recently sold in the low $1MM's...with larger yards, but they don't back up to open space. The big issue here is that those $1MM homes are Lennar and include lots of basic upgrades and some were immaculate.
If you want to see the sales history for the area, go tohttp://vickiesellshomes.com/san-ramon-ca-real-estate-%e2%80%93-homes-for-sale-in-san-ramon-market-snapshot-for-homes-for-sale-in-windemere-in-san-ramon-ca-november-3-2009/ If you scroll to the bottom you will see links to monthly reports going back about 18 months that include number of homes for sale, number sold, pending, median home price, etc. for Windemere.
Susan, if you are not working with a agent that is expereienced in buyer representation, including short sales and foreclosures (REO's), please contact me.
Respectfully,
Vickie Nagy
Realtor - CDPE (Certified Distressed Property Expert) and PSCc (Pre-Foreclosure Specialist)
Keller Williams
925-407-7987
CA DRE#01363932 - Sun Nov 29 2009, 21:12