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2 Master Bedrooms Resale All Locations : Nationwide Real Estate Advice

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Activity 113
Showing results for 2 Master Bedrooms Resale [Clear search]
Fri Aug 1, 2008
Wildcat Inspections answered:
I am a home inspector in Houston and I look at hundreds of houses a year including brand new and resale. I can tell you that trends change quickly, so ultimately it’s whatâ€s right for your family. The builders in Clear Lake seem to be installing a lot more tile than wood, but still are putting wood in the study and formal areas. We see only a few houses with wood floors in the upstairs bedrooms. If you have a large dog, though you might consider having real wood flooring instead of the engineered wood. That way when you go to sell you have the real wood floors screened or even sanded and refinished if necessary to get scratches out. The makers of some engineered products advertise that they can be sanded lightly, but I haven’t seen good results from personal experiences. I hope I have been of some assistance in answering your questions. Good luck and if I can help you when you make your decision please look me up at http://www.wildcatinspections.com/. ... more
0 votes 7 answers Share Flag
Fri Jan 22, 2010
Monika Kumar answered:
Some of 2 BR 1.5 BA condos have Master Bedroom or Closet or even 2nd BR's bigger than a 2 BR/2BA will have; Northgate Sq. is a good example of that. Considering where the space is more important to you – it’s easier to decide. Other way of thinking is in
-1 Location, 2 Amenities and 3 Layout - find best available in your price range, I feel It is so easy to get stuck on little things and miss the big one. If I were you I will go check out all 1+ Bath homes to find best Regards, Monika
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Thu Feb 21, 2008
Jim Walker answered:
Here is the contact information for Acorn:

SACRAMENTO

ACORN Housing Corp
4433 Florin Rd., #830
Sacramento, CA 95823
Phone: (916) 451-9659
Fax: (916) 451-9660

email to: [click name]
Diana Navarro - Office Director
Raul Gomez
Passion Thomas

Now for low or median income housing in Placer County:

- The California Housing Finance Agency's (CalHFA), Housing Enabled by Local Partnerships (HELP) Program has awarded the City of Roseville Redevelopment Agency $1.5 million to help finance the development of affordable rental units.

The Redevelopment Agency will leverage the HELP Program financing by pooling it with other sources of affordable housing funds. The HELP funds will be used to assist with the development of 156 affordable residential units in a new multifamily rental complex within a master-planned subdivision. Units will be occupied by tenants with low household incomes along with support services to address the needs of these residents. This project will increase the availability of local affordable rental housing.

The Links:


http://findarticles.com/p/articles/mi_m0EIN/is_2007_August_20/ai_n19453539

http://www.roseville.ca.us/housing/affordable_purchase.asp

The city of Roseville also offers down payment assistance for purchase of some new and used homes. The following is a partial list. of the used homes on their list (some may already be under contract)

The homes listed below represent another component of the City of Roseville Affordable Purchase Housing Program. Initially, these homes were sold to income-qualified purchasers. Upon written notification of resale of these homes, the City of Roseville will financially assist through second mortgage assistance (aka: down payment assistance) another income-qualified purchaser. For the first sixty (60) days the home is on the market, the home must be sold to another income-qualified purchaser.

Currently, funding is very limited and specific to each property listed.

Please contact the City of Roseville Housing Division at (916) 774-5270 or email at housing@roseville.ca.us for details about funding availability and additional information.

"SIERRA CROSSINGS" HOME AVAILABLE

Address: 2108 Beatty Way, Roseville, CA 95747

Asking Price: $367,000 appraised value as of 11/5/07
(price negotiable between seller and purchaser but will be verified by current appraisal)

4 bedrooms, 3 baths (approx. 1,731 sq. ft. per MetroScan)


JMC -"AMERICAN DREAM" HOME AVAILABLE

Address: 2036 Amber Fields Way, Roseville, CA 95747

Asking Price: $269,900 Price Reduced!
(price negotiable between seller and purchaser but will be verified by current appraisal)

3 bedrooms, 2 baths (approx. 1,056 sq. ft. per MetroScan)


THE PHOENICIAN CONDOMINIUM AVAILABLE

Address: 1501 Secret Ravine Parkway, #221, Roseville, CA 95661

Asking Price: $279,900 Price Reduced!
(price negotiable between seller and purchaser but will be verified by current appraisal)

2 bedrooms, 2 baths (approx. 1,129 sq. ft. per MetroScan)


DEL WEBB HOME AVAILABLE
(at least one person in the home must be 55 years or older)

Address: 6017 Whisperlodge Way, Roseville, CA 95747

Asking Price: $320,000
(price negotiable between seller & purchaser but will be verified with current appraisal)

2 bedrooms, 1 1/2 baths (1,119 sq. ft. per Metroscan)

Address: 5640 Red Willow Lane, Roseville, CA 95747

Asking Price: $265,000 Price Reduced!
(price negotiable between seller & purchaser but will be verified by current appraisal)

2 bedrooms, 2 baths (964 sq. ft. per Metroscan)
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Sat Mar 28, 2009
Metropolitan Home Team answered:
For resale on your home you will want to have as many full baths as possible. However, you also have to enjoy the home because it is yours. If you would preferr having a large walk-in shower, odds are another person in the future will agree with you. My point is that you should do what makes you happy, but in regards to this question I don't think you will have a problem selling the home if it has a nice 3/4 bath with a large walk-in shower. If you have any other questions I am always here to help. Feel free to click on the web reference below to get in touch with me. Good Luck ... more
0 votes 5 answers Share Flag
Fri Apr 19, 2013
Rob Summers answered:
The Condo market is a little more sensitive to market conditions than homes. Still average prices have appreciated about 5% over the last 4 years. Whether is makes sense for you depends on your criteria. In terms of resale, as always location is key. There a quite a few (165) properties in that price range, so using a Realtor could save you some time in your search. :) I wouldnt reccomend anything to you without understanding your needs a little better. ... more
0 votes 9 answers Share Flag
Tue Mar 11, 2008
Paul Mackey answered:
Wauconda is a solid choise overall. Only possible downside would be access to 94. If using 12 works then by all means consider Wauconda. On JPMackey.com there are many community resources that will provide School info and other important Community info... ... more
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Thu Mar 13, 2008
Realtor answered:
Hello Jason, Purchase at least a two bedroom 2 bath condo with a decent school district, great location within the complex, low HOA fees & in well maintained condition. Inside laundry is another plus. A garage is good, but you rarely find a condo with a garage. If you need help locating a great condo, please feel free to email me. Good luck. ... more
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Wed Nov 18, 2009
THE COPLAND TEAM answered:
Northpoint Group is a company who helps find people the investment properties all over the country. They are a professional group and would probably be a great option to help your search.

I have a person I deal with and I can refer you their information and they can prepare a few properties that may work for you.

Please, email if you would like the contact information.

Good Luck.

Tiffany Copland
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0 votes 19 answers Share Flag
Mon Jul 12, 2010
Infinity Realty Network answered:
Thats a tough question, that has no real right answer. Just do what makes you feel comfortable. There are arguments for both rationales but, i dont think it would be enough to sway someone either way. The best bet is to just talk to or through email get to know some agents. Get more detailed reasons. San Jose is a very diverse area, and to buy a condo there are many many deals. Not sure if the general help you receive will really benefit you. Try to come down once or twice before the move, and feel things out a bit. Who knows where values will be up or down same goes for rates.

There are tremendous new developments downtown san jose, and the developers are sweetening the deal to meet quota's but make sure with any new development that you use a realtor. You dont want to walk in a purchase alone.

email me if you have area specific quesions and good luck.
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0 votes 13 answers Share Flag
Mon Jul 31, 2017
Voices Member answered:
They build a decent house, but there's also a reason that their homes are so affordable. I've heard horror stories, and I've heard from people who love them.

I do know that they won't allow a Realtor to represent you in a transaction with them, unless it's the rare instance that they have an inventory home just sitting on the market. I have to wonder...why don't they want you to have someone representing your interests and protecting you in the transaction???

I would strongly urge you to hire a professional home inspector when buying ANY new home. Just because it's new doesn't mean there aren't problems. Frequently, more problems are found in new construction homes than in resale homes. Just make sure you protect yourself any way possible.
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0 votes 75 answers Share Flag
Sun Sep 16, 2012
Mark Palace answered:
Hi Wendy: Supply is great...demand is low...we are experiencing a buyers market. There are signs a housing slowdown that has gripped certain high-growth markets during the past few quarters, is now spreading nationwide.

Preliminary reports from builders Hovnanian Enterprises Inc. and Toll Brothers Inc., whose quarters ended April 30, indicate demand is falling faster and more sharply than previously thought, and that the pullback is no longer confined to hot markets that had seen sharp home price run-ups in the past few years.

Hovnanian's orders fell 20% in its fiscal second quarter -- an about-face from the 5.5% order growth reported in its fiscal first quarter. Toll's orders declined 32%, which is steeper than the 29% dropoff posted in its fiscal first quarter.

For Toll, the order decline was across the board as all of its geographical regions reported year-over-year decreases in demand. Chairman Robert Toll attributed the declining demand to higher cancellations and to speculative buyers who are dropping out of the market and putting the homes they recently acquired up for sale. Although Toll said his company doesn't sell to speculators, "we have certainly been impacted by the overall increase in supply."

On top of this, some builders, such as Centex Corp. and Hovnanian, have started taking writedowns in connection with land options. In general, when builders take writedowns to walk away from land options, it is a sign that either land values are falling or demand in that market has dried up. In past cycles, declining land values often were a sign that a market was falling fast.

Until now, home-building executives said the pullback in demand was largely confined to markets where sales had been overheated and home prices had skyrocketed during the past few years, such as Washington, D.C., parts of California (especially Sacramento), Phoenix and parts of Florida. They blamed speculative buyers for much of the pullback, saying investors had exited the market, causing less overall demand and more inventory.

These hotspots continue to see the sharpest pullbacks, but other markets also are slowing.

Majestic Research analyst John Tomlinson, in his monthly report that tracks new-home sales in 40 major markets, found sales fell year over year in every market during February and March, with the average decline being 25%.

Washington, D.C., Los Angeles/Long Beach, Tucson, Ariz., Sacramento, San Francisco, and Phoenix saw the biggest declines with sales falling 22%, 50%, 50%, 46%, 30%, and 37%, respectively. However, even markets that hadn't been weak previously -- such as Philadelphia, Dallas, and Las Vegas -- softened in the quarter, with sales falling 30%, 15%, and 13%, respectively, he said.

"Almost every single major market that we track is showing pretty significant year-over-year declines in sales," Mr. Tomlinson said. "It's much more broad-based" than it was prior to February.

Rising inventory, slowing sales and bigger incentive packages all signal a correction in the housing industry, Mr. Tomlinson added. But time will tell if this will lead to big dropoffs in home prices, "which I think most people are most afraid of," he said.

So far, builders' efforts to offer more incentives and discounts have "failed to move the needle" in driving sales, Mr. Tomlinson said. As a result, he said some may need to resort to bigger price discounts. "That's the million-dollar question," he said.

Bernard Markstein, director of forecasting at the National Association of Home Builders, said there is no question housing demand is slowing nationwide. He said rising mortgage rates have given people reason to "pause" in their decision to buy.

"We've been getting reports of a slowdown in housing across the board," Mr. Markstein said. But so far, he said, it's just a "moderating of activity -- not a falling off of the cliff." He describes it as a "return to normalcy."

Mr. Markstein is predicting that overall housing starts will fall 7% to 1.95 million from 2.1 million in 2005. He sees demand returning to 2004 levels.

If companies continue to build at the pace they had in 2005, there could be more serious inventory problems.

"We were building at a pace that we did not expect to be sustained and we're seeing a slowdown," Mr. Markstein said. He expects builders to slow their pace of construction to meet the softer demand.

However, many builders aren't cutting back, and are instead talking about opening many new communities in order to drive order growth. Toll Brothers, for example, plans to open 80 communities during the next six months, and expects to wrap up fiscal 2006 with 295 subdivisions, up from 230 in fiscal 2005.
Best,
Mark Palace, CEO/Founder
Palace Properties International, Inc.
www.PalacePropertiesOnline.com
321.773.5611
321.704.9305
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0 votes 16 answers Share Flag
Fri Jul 6, 2012
Guy Johnson answered:
Patrick,

Custom home prices vary wildly due to many variables, not the least of which is location. However, in order to provide you with some concrete numbers, let’s take a look at one of Reno’s larger custom home developments, ArrowCreek. ArrowCreek is a Master Planned Golf Community containing a nice mix of production, semi-custom, and custom homes. For the sake of this quick analysis I’ll use $1M as the cut-off between production and custom homes. Sure, a couple semi-custom homes may sneak into the mix, but at least this will provide you with a pretty good idea.

Recent ArrowCreek Solds (I’m going back 4 months for these figures)
Price median $/sq.ft. # homes Sold
$1.0M - $1.499M $312.65 (12 units sold)
$1.5M - $1.999M $365.79 (6 units sold)
$2.0M and up $406.79 (1 unit sold)

One thing to note: Reno doesn’t see many homes sell for over $2M. In fact, only 17 homes over $2M sold in the resale market in all of 2006. In the first half of 2007, we’ve had 9 homes sell for $2M or more. So, it looks like we’re on track for a similar total.

After I ran the above analysis for ArrowCreek, I decided to perform the same for all of Reno. The results are:
Price median $/sq.ft. # homes Sold
$1.0M - $1.499M $312.82 (34 units sold)
$1.5M - $1.999M $410.62 (17 units sold)
$2.0M and up $417.46 (8 units sold)


Hope this helps.
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Wed Mar 5, 2008
Portland Real Estate Cafe answered:
A yard! Not many new homes have big yards like I grew up with. Big grassy backyard in a pedestrian friendly neighborhood...
0 votes 15 answers Share Flag
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