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Market Conditions in Danville : Real Estate Advice

  • All158
  • Local Info9
  • Home Buying73
  • Home Selling5
  • Market Conditions8

Activity 8
Sun Sep 28, 2014
Fundriver answered:
It's correct that this home was built and sold in 1991 but Marie Santos has nothing to do with it. Check the records and you will find that it was bought new and that the purchaser still resides there. ... more
0 votes 1 answer Share Flag
Wed Jan 18, 2012
Dana Huelga answered:
Hello Dbuyer -

NOW IS THE TIME TO BUY! Shadow Creek homes are built by DAME and I have a lot of great information on this area as I have lived in a DAME built home in BETTENCOURT RANCH the development very close to Shadow Creek.

7 Key Reasons Why NOW is the Prime Time to Buy a Home:
1. Home affordability is at an all-time high.
The median mortgage payment on the median priced home as a percentage of the median household income is lower than it's been in a generation.
2. Mortgage rates have reached rock bottom.
As interest rates start to inch back upwards, monthly payments and total loan costs will spike upwards.
3. Buy Now; Buy Low!
After declining nearly three years, home prices are stabilizing.
4. Sellers are motivated.
This means that buyers have the upper hand! From banks looking to dispose of foreclosed properties to homeowners who are fiercely competing among an excess of housing inventory, buyers have untold choices and negotiating power.
5. Financing is readily available for qualified buyers!
Banks are getting back in the game and ready to lend to well-qualified buyers.
6. Owning vs. renting is increasingly favorable.
Since 2009, the average principal and interest payment has fallen below the average rental rates, and the gap is now wider than it's been in the past 22 years.
7. Homeownership is at the core of the American Dream!
Owning a home is critical to financial stability and wealth building. It's a forced savings account, a place to live and a fabulous tax deduction.

Call me for Information and ask about my best deals in town!

Dana Huelga
Realtor
#01509831
http://www.searchhomesincontracosta.com
info@searchhomesincontracosta.com
(925) 487-7322 (Office)
... more
0 votes 7 answers Share Flag
Wed Nov 30, 2011
Susan Bieber answered:
It's very simple... Pleasanton is closer to Silicon Valley for commuters.

The prices on the Peninsula have remained strong so many people have chosen to make the commute from the East Bay and Pleasanton is the closest. You get a newer bigger home for a smaller price in Pleasanton compared to the Peninsula.

I am happy to send you data on inventory levels, days on the market, and pricing in different neighborhoods.

Susan Bieber
ALAIN PINEL REALTORS
sbieber@apr.com
925.550.7770
... more
0 votes 3 answers Share Flag
Sat May 14, 2011
Richmond F. answered:
As the for-sale housing market continues its slowing trend, the Bay Area rental market will remain a "landlord's market" according to experts. Rents have increased an average of 7% in each of the past two years with occupancy at over 97% (compared to an average of 90% nationwide). The for-sale market has slowed down in part due to major reform in the mortgage industry which has made it more difficult for many consumers (including first-time buyers) to qualify for a loan. Mid to high-end condominium units, rather than apartments, dominate properties currently under construction in the Bay Area and the inventory of apartments continues to be reduced by condominium conversions. These factors combined with a healthy job market has kept the demand for rentals high. ... more
0 votes 5 answers Share Flag
Sat Nov 27, 2010
Judi Franich answered:
West side Danville continues to be in demand because of it's charm! However, there won't be much happening now through January as is typical for this time of the year. Having said that, I have two suggestions:
1. Pricing is the number one thing that will sell your home more than ever in this market. If you are not EXTREMELY COMPETITIVE, your home will sit and become a stale listing, which attracts mostly investors or buyers who only bid very low when the home has been on the market for a long time.
2. Besides price, buyers are negotiating on work to be done to homes - pest inspection reports, home inspection reports, fireplace and roof reports are common. In order to protect yourself and not waste your time locating a buyer only to find out within 1-2 weeks that the buyer wants to continue negotiations, be sure to order your inspections in advanced ONLY from extremely honest and reliable firms who are highly regarded in the real estate industry. Therefore, when an offer is presented, you can negotiate EXACTLY what you will and will not take care of as part of the sale. The last thing you want is to sell your home and then have it come back on the market within a week or two. It is VERY confusing to Realtors because they assume something is wrong with the home!
... more
0 votes 5 answers Share Flag
Wed Nov 4, 2009
Arturo Shivers answered:
For pleasanton, it is now 30% for homes with 3+ bedrooms and greater than 2,500 Sq. Ft. Median price in October 2008 was about $1.4 million.
0 votes 8 answers Share Flag
Sat Oct 24, 2009
Joe Salcedo answered:
Good Morning,

Last week when I doing a door knocking in my Farm Area the guy approach me
and told me that I always in that area so my response to him is you what that is
good question when I work to this area I know exactly what to tell my client if the
asking some property in this area. I know every ling in this area waht is available
and pending, cancell or off the market. After 3 days there was a listing in the area
and Iam doing a door knocking suddenly he approach me again telling that I want
make an offer on that property... So from then I am working with this buyer..
... more
0 votes 27 answers Share Flag
Fri Feb 6, 2009
Steve Reilly answered:
GdnBear,

Email me and I'll poiint you to the right info source for what you're looking for.
0 votes 1 answer Share Flag
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