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Market Conditions in Hercules : Real Estate Advice

  • All64
  • Local Info4
  • Home Buying24
  • Home Selling1
  • Market Conditions8

Activity 8
Mon Sep 22, 2014
LaDonna Azagra answered:
Depends on the size and year built of the home as well as condition.

For a normal size home 900-1000 home and a home age of 1950-1970 (which is a normal age in that area), and also considering it to be in a good condition,

Youre looking at $220,000-$260,000.

Contact me for specific details.
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Wed May 8, 2013
mapaz217 asked:
This question was asked from
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Tue Feb 26, 2013
Chris Corriveau asked:
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Fri Jul 6, 2012
AB answered:
Thanks All,

I do i have realtor already, but just wanted to do my own research as well. I will definately leave it up to my realtor to keep me informed. I wanted to get a better understading on how these things work prior to meeting with the realtor so i can grasp the concept more when they do explain the process to me. Once again thanks for all your feedback. ... more
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Tue Jun 12, 2012
John Arendsen answered:
If what Barbara's saying is true for your area you may want to get your home ready to market sooner rather than later. One thing is for sure. Interest rates will go up at some point and when they do you can bet that will slow the pace down somewhat. ... more
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Tue Jun 12, 2012
Phil Rotondo answered:
It's been a while; but it's now a Realtor's market.
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Tue Jun 12, 2012
Pacita Dimacali answered:
Everything depends on your situation --- your financials, your plans to stay put, etc.

Depending on what you're paying in rent and what your income is, you may find the current market favors the buyers because of two very important factors
1. The lowest interest rates in 40 years --- you may even qualify to get a loan for less than 4%
2. Lower prices than they were at the peak of the market. In some markets, including Hercules, prices have come down significantly, by 30-50% (especially if you are able to find a foreclosed home in good condition)

If you are planning to move away in less than 5 years, however, consider the costs you will incur in selling your home.

Home ownership may still be advantageous if your property values improve during that period of time and you can build up equity. There are other advantages to owning such as tax right offs.

In the meantime, you may have also noticed that rents have gone up, and in many cases, there seem to be fewer rentals available.
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Sat Mar 28, 2009
Mike Rowland answered:
Market appears to be stabilizing and in some cases we are dealing with multiple offers. Hercules has a lot to offer and in the future will be what i would consider one of the better communities in the bay area with regaurds to locations, crime, amenities, parks, services and housing.

Mike Rowland
Windermere Rowland Realty
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Market Conditions in Hercules Zip Codes