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Dublin : Real Estate Advice

  • All337
  • Local Info17
  • Home Buying229
  • Home Selling9
  • Market Conditions14

Activity 356
Sat Nov 2, 2013
Ali Qureshi answered:
One factor you may want to consider is the difference in the school district between Pleasanton and West Dublin. Vista Area of Pleasanton has schools with an overall rating of 9 and API scores of 900+. West Dublin on the other hand ranks below pleasanton on both API and ranking. The newer part of Dublin has great test results and ranks almost at par of Pleasanton. ... more
0 votes 7 answers Share Flag
Thu Oct 17, 2013
Rajesh "Roger" Sharma answered:
I don't think prices are going down. What I see is that any new listing comes in the market is inflating their prices without any thought.

Buyers did react on the interest rate hike, however, interest rate is still extremely low. I recently refinance my own home at 2.85% for 5 ARM. It was a super jumbo loan and I was surprised to lock that rate. There are always options for refi.

Earlier there were several buyers in the market but low inventory so every other home was going higher than the asking price. Buyers were frustrated and they were putting unrealistic price on any home. Now the inventory is bit more but there are not many buyers, not only because of the interest rate but also due to other factors like: School started in the end of August had a big impact, more inventory in the market.

Even though the time factor and interest rate factors are contributing to a large, home owners are still expecting high price of their home at this time and trying to inflate their home price to get big dollars. And that eventually deflate the price if the home doesn't get sold at that price after 25 days.

My suggestions to all the home owners and their realtors to keep their home price reasonable or little low to get the higher price. Reducing the price at a later stage brings your home value down and is not good for your home, that community, and for the market.

Roger
Home & More Realty Inc
925-980-4113
... more
0 votes 15 answers Share Flag
Tue Sep 24, 2013
Enjoylife answered:
Hey there,

We bought a home in Positano in May. For us, there will never be a right time pricing wise to buy a home, but to buy a right home that meets our requirement and we can afford. We did a lot of research about east dublin before we pulled the trigger. There might be thousands of new homes planned and built in the upcoming 10 years, but those won't happen all at once, so in any given period of time, the supply will be limited. And for us, the location of Positano/ Dublin Ranch area is perfect, we really liked the area.

From the demand perspective, I can tell you we moved from South Bay to Dublin, our future neighbors moved from San Ramon Windemere, pleasanton, Fremont, San Jose, even Cupertino to Dublin for different reasons. So you see, the demand comes from outside Dublin, and even outside Tri-Valley. We don't see this trend will change any time soon as every family would like to live in a newer home, good school district without spending a fortune. Also, my relative from another country wants to buy a property in the bay area to diversify their fortune, after they visited different places, old and new homes, they liked Calarosa the most. Unfortunately, every phase of Calarosa has been sold out and my relative couldn't get money to the U.S. quickly enough to get to the priority list......so you see, there is a potential demand from oversea for the homes in bay area incl. Dublin as well.

3rd, the $650-$750k range is most popular because that's most family have enough downpayment and can qualify for loan to afford. So builders have seen the demand and there was no reason for them not to take the advantage of it. But at end of the day, it is the market price now for new homes.

If you are not in urgent need of a home, probably you could wait for a while and see if the market will cool down a bit. For us, we desperately needed a home, we were so tired of living in an apartment and the never ending increase on rent, when we saw the lot we wanted was released, we pulled the trigger and have been very happy and excited for our new home.
... more
0 votes 13 answers Share Flag
Mon Sep 23, 2013
Shilps answered:
I think Lennar is a good builder... i checked out the new construction by Lennar in Dublin & thought it was a good build. Negatives, i didn't like the floor plan so much & the community was too tight for me. Also the HOA was 220...seems too high!!

You should consider other places which has some backyard for that price...

Standard Pacific is a very good builder but not having backyard is like living in a condo.....think again...

Since you asked this question in June.....were you able to finalize on any property in Dublin area??
... more
0 votes 7 answers Share Flag
Sat Sep 21, 2013
Steve Mohseni answered:
John is absolutely right and sometimes over analyzing will not benefit you in the long run. If buying a home is a right thing to do for you and where you are in your life and you plan to own at least five years, owning real estate would be a great move and risk very low. It is all the people like yourself that look at real estate from a speculative view that end up taking higher risk than they should and may end up not making a best decision. ... more
0 votes 4 answers Share Flag
Sun Sep 15, 2013
roz1850 answered:
Can the BUYER buy on a Fannie Mae loan, then rent the house to someone else - meaning, can the Buyer NOT live in the house purchased?
0 votes 5 answers Share Flag
Thu Sep 12, 2013
Daniel answered:
It is not worth!....they were at 650K just a few months ago!...and prices are definitely going down! don't believe in bad Realtors trying just to sell, instead of giving honest advice to their clients... ... more
1 vote 8 answers Share Flag
Mon Sep 9, 2013
Syed Ahmed answered:
Hi Daniel, Yes some builders has quick move ins since they raised price very quickly, now we have more inventory in the market also, comparing to 8 weeks ago. I have talked to a builder today They have ZERO inventory, still they have waiting list and they are releasing most probably next week a few homes. According to the manger builder may probably increase the price for this release also.
As you know a few weeks ago to get a home in Dublin buyers were paying 10K to 50 K above listing price. some sellers were looking offers with out appraisal contingency only. Now it is not like that, even if some one pays around listed price they can get a home. Still interest rates are low, if any one want to buy still there are lots of properties to choose.
... more
1 vote 3 answers Share Flag
Wed Aug 28, 2013
Susie Kay answered:
It doesn't matter what other buyers are doing, you should stick with what's comfortable for you. I would suggest talking to another lender and see what your options are and you can determine from there.

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

www.dfwdreamhomes.net

Servicing your real estate need is my priority!
... more
0 votes 6 answers Share Flag
Wed Aug 28, 2013
Susie Kay answered:
I would suggest working with a local realtor, they will be able to help and negotiate for you.

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

www.dfwdreamhomes.net

Servicing your real estate need is my priority!
... more
0 votes 3 answers Share Flag
Thu Aug 15, 2013
Alexander Greer answered:
I was just looking through old post and I noticed yours. If you were not able to refinance at the time of the post, I can certainly help you out now. You can call me at 408-352-5147 or email me at AGreer@themortgageoutlet.com. You can check us out at http://www.TheMortgageOutlet.com. I will look at your situation and present you with some options.

Alex Greer
NMLS #1056079
... more
0 votes 6 answers Share Flag
Mon Jul 22, 2013
Robert Spinosa answered:
YJ,

The company doesn't matter as much as the individual. As long as you're dealing with a professional who is accountable and communicates in terms you understand, you have a better chance of being well-served than not.

Best of luck and let me know if I can assist.

Rob Spinosa
rspinosa@rpm-mtg.com
... more
0 votes 1 answer Share Flag
Tue Jul 16, 2013
Billy Leung answered:
Try Joe from Fremont. You can find him on Yelp
1 vote 1 answer Share Flag
Sat Jul 13, 2013
bubblyben answered:
Well, after last two months of strong sales data, the moderation appear to be now officially happening. We'll probably if the current buyers are going to rush and lock at the high prices or wait and see.

http://www.bloomberg.com/news/2013-08-23/sales-of-new-homes-in-u-s-plunged-more-than-forecast-in-july.html

What are your thoughts on the prices with sales falling?
... more
0 votes 11 answers Share Flag
Wed May 29, 2013
Barbara Wilson answered:
negotiate the purchase price down to the appraised price. if you allow it, the appraisal can become part of the disclosures the seller has to show other orospective buyers, so you have the upper hand. ... more
0 votes 6 answers Share Flag
Wed May 29, 2013
Ravisher.dhillon answered:
Thanks a lot everyone for sharing their thoughts on this. This is gonna be really helpful to me in looking around for house.
0 votes 9 answers Share Flag
Wed May 29, 2013
DarthBL asked:
It seems most new development plans are less "grand" these days. Instead of 2-floor high ceilings, foyer entry, or circular staircase, as commonly found from Dublin Ranch/Golf Ranch, the…
0 votes 0 Answers Share Flag
Wed May 29, 2013
Doug Buenz & The 680 Group answered:
Views are difficult to price. Unfortunately, there is no "blue book" that we can reference that will tell you exactly what a given view is worth. The short answer is a view is worth what someone is willing to pay for it, which means it is worth a different amount to every buyer.

I agree with Carl. If you want the view, pay slightly more than your competition if it is a resale, or pay what the builder asks if it is a new home. Views of city lights in my experience are more valuable than golf courses in general, but it depends on the specific view you are talking about.

BTW, you can search view properties on 680homes by going here: http://www.680homes.com/real-estate-search/lifestyle/

Happy Hunting!

Doug Buenz
The 680 Group at Alain Pinel Realtors
(925) 463-2000
... more
0 votes 2 answers Share Flag
Fri May 24, 2013
Michael Koenig answered:
The market rents for a property of that size can vary greatly, depending where in Dublin Ranch the unit is. Condition and terms of the contract of the lease contract also come into play.

Are you looking for a property to rent as a tenant? or as a property owner?

Thanks
... more
0 votes 1 answer Share Flag
Thu May 23, 2013
DarthBL answered:
Don't know about traffic (it was pretty bad when it first opened) but a lot better now, but my wife definitely loves the fact that there are all these luxury shops just around the corner. ... more
0 votes 1 answer Share Flag
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