Having said all that, I wouldn't expect to see significant appreciation in any of our market areas. The days of 10% per year are long gone. Plan for a fairly stable market for the next year or two, then maybe 2-3% appreciation. This is sustainable. 5-10% is not.
Bernard Gibbons, J. Rockcliff Realtors
DRE License # 01331583
Phone (925) 997-1585 - email@example.com
Real Estate markets always go in cycles. Over the last 5 years or so we have been in a falling cycle. Our market has now stabalized and showing signs of recovery in nearly all of our East Bay areas. San Ramon's market has become very active with a high demand and very little inventory. When the market rises or falls the entire area seems to adjust together. San Ramon and all of the cities in our valley have so much to offer they will all appreciate together. Right now the areas with the highest demand are the newer areas, Windemere, The bridges and all of the Gale Ranch areas. Really any home in our mid market here in San Ramon, the $600,000-$900,000 or so are showing the best appreciatiation. Now that we have hit bottom and we are seeing improvement, I don't think you can go wrong in any area of San Ramon, Danville or our 680 market.
Best of luck to you,
San Ramon caters to a diversity of home buyers and offers smaller starter homes, mid range comfortable homes to executive larger estates. Several factors attribute to the migration of families wanting to live here. Outstanding schools, community activities, headquaters to many fortune 500 companies, reasonable commute to the south bay and San Francisco and hopefully soon a beautiful downtown. Also, it's fantastic for those who love the outdoors. Hiking and biking trails meander throughout the canyons. Parks are abound with basball fields, soccer fields and running fields. Demand for housing is strong and supply is very low. It's a gem of a town and if you have the opportunity to buy here, do it.
Broker / Owner
Windermere Bay Area Properties