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Market Conditions in Contra Costa County : Real Estate Advice

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  • Local Info5
  • Home Buying37
  • Home Selling3
  • Market Conditions1

Activity 111
Fri Mar 29, 2013
Edith Karoline Jasser answered:
copy the address and go to Google, click on maps and put in the address, once the map appears
zoom out to see more of the surroundings, there is no large city really close by.... But check it out
yourself this way.

Hope this helps.
Good Luck to you

Sincerely yours,
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)

Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)
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0 votes 4 answers Share Flag
Tue Feb 26, 2013
Chris Corriveau asked:
This question was asked from http://www.trulia.com/foreclosure/3105486297--Park-St-Hercules-CA-94547
0 votes 0 Answers Share Flag
Thu Jan 3, 2013
Gene Riemenschneider answered:
"Good area" is a subjective term and one of those terms that gets Agents in trouble. I think many people feel Antioch is a troubled community in parts with public service under a lot of stress budget wise. However, Antioch is moving to hire more police and has a very good infrastructure. I am positive about Antioch in general.

As to if a specific neighborhood will work for you I would need to get more information about budget, and what you want in a home.

The link is to all the homes for sale in Antioch. Please let me know what I can do to help.
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0 votes 3 answers Share Flag
Thu Dec 13, 2012
Darrell & Julie Hanson answered:
This property is located in a very nice subdivision called Tuscany. It is near the Highway 4 bypass, but don't think it will be an issue where it is located.

The property is currently pending in MLS and is listed as a Short sale

Darrell Hanson
Intero Real Estae
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0 votes 3 answers Share Flag
Thu Feb 12, 2015
The Medford Team answered:
To calculate the CAP rate for anything, you do the following:

1. Get the most recent sale price or, in the case of new construction, order an appraisal and get a fair market value.
2. Determine the net operating income for the property (current or projected gross rental income minus current or projected expenses paid by the owner (taxes, insurance, any financing costs, operating costs, etc.).
3. Divide the net operating income by the sale price (or appraised value, if new) to get the CAP rate.

NOI / Price = CAP Rate

In this case, we would need extensive information from you to actually determine the CAP rate. Since you’ve given us nothing, I’m hoping the above formula is what you actually need.
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0 votes 2 answers Share Flag
Thu Nov 1, 2012
Dot Chance answered:
Slowfoodisgood,

You have asked the questions that so many are asking! My opinion is that whichever way the election goes, people will be more inclined to put their property on the market. There is no way of knowing for sure that this will even things out.

I don't believe the banks are holding as much inventory as you might be thinking. After foreclosure there is a period of time the bank needs to make sure that everything was done properly. They allso usually need time for cleaning the place out and sometimes they make repairs before putting the property on the market.

We will see very soon if the election makes a difference inour market!

Dot Chance, Realtor®
Certified Distressed Property Expert – CDPE®
DRE License #01494182
Keller Williams Realty World Media Center
www.DotChance.com
818.339.7712

WHEN YOU THINK OF REAL ESTATE...Think DotChance.com! My business thrives from your referrals!
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0 votes 9 answers Share Flag
Mon Sep 24, 2012
Sharleen Milland answered:
They can vary, anywhere from $30 to $37 per month.
0 votes 3 answers Share Flag
Mon Jul 23, 2012
Monika Luedtke, Walnut Crekk, Ca asked:
This question was asked from http://www.trulia.com/homes/California/Concord/sold/2974758-1450-Bel-Air-Dr-102-Concord-CA-94521
0 votes 0 Answers Share Flag
Tue Jul 17, 2012
Pacita Dimacali answered:
This property is still available for sale, with price reduced from $349K to $325K

It's currently offered as a short sale

Listing agent said that buyers should offer at least the list price, and should be willing to wait up to 60 days (very common) to get answer from short sale lender

Looks like they have two loans on the property, both with Washington Mutual, now with JP Morgan who posted Notice of Trustee Sale (foreclosure at auction) back in April 20....It's possible the bank gave extension for sellers to find buyer.
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0 votes 1 answer Share Flag
Fri Jul 13, 2012
Rajeshwor Dahal asked:
This question was asked from http://www.trulia.com/property/3086627097-1601-Dover-Ave-San-Pablo-CA-94806
0 votes 0 Answers Share Flag
Fri Jul 6, 2012
Tim Moore answered:
All homes will be different. You will need a Realtor to work up fair market value for the home in question.
0 votes 5 answers Share Flag
Thu Jun 21, 2012
Robert Spinosa answered:
Joan,

Mortgage history is determined mostly by the credit report. As for paystubs, usually we want to see however many it takes to cover a 30-day period. This is combined with the two most recent tax returns (in most cases) and/or W-2 forms.

If you have any questions about qualifying for a mortgage, let me know. I am relatively local.

Rob Spinosa
rspinosa@rpm-mtg.com
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0 votes 2 answers Share Flag
Mon Jun 18, 2012
Davey Cetina answered:
This question is a little difficult to answer without knowledge of the property in question. However, the lack of inventory has caused an increase in prices over the past 4 months or so. You may want to begin interviewing realtors so that they can inform you how properties are selling in your area and advise you on the best strategy for your property- short and long term, if applicable.

If you have any other questions please feel free to contact me!

Davey Cetina
Buyer’s Specialist | DRE# 01887446

Better Homes and Gardens Real Estate
2095 Rose St, Ste 100 | Berkeley, CA 94709
[t] 510.517.7238 | [f] 510.780.2110
david.cetina@bhghome.com
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0 votes 2 answers Share Flag
Tue Jun 12, 2012
DiDi Huntley answered:
At this moment in time renters are jumping to get in place for the summer. Rentals are getting scooped up quickly. If you can buy now I recommend you do so. Rates are low, lenders are eager to get those loans closed and the current inventory and pricing of homes is very good. ... more
0 votes 1 answer Share Flag
Tue Jun 12, 2012
DiDi Huntley answered:
Jacqueline, It is definitely a Buyer's market with loads of inventory available and fabulously low mortgage rates.
0 votes 3 answers Share Flag
Tue Jun 12, 2012
Barbara Wilson answered:
there are so few homes on the market that we are in a sellers market. there are many offers on homes, within a few days of becoming available, and many going over asking. especially under $1million, there are many cash offers, offers weith no appraisal contingency... now is a great time to sell, and a little tough to be a buyer. ... more
0 votes 2 answers Share Flag
Thu Sep 13, 2012
Linda Urbick answered:
Julieanna

Gale Ranch is a very popular area and the homes sell quickly. There are currently only 5 homes on the market in Gale Ranch. Homes in Gale Ranch sell on average within 25 days of becoming active and some sell within 5 days.

Any other questions, let me know.

Linda
... more
0 votes 7 answers Share Flag
Thu May 31, 2012
Sandra Strobel answered:
Great question. I would recommend you search the City of Brentwood Police department website.
http://www.brentwoodca.gov/department/pd/index.cfm
They have a really cool crime mapping tool - you can search by types of crimes (burglary, auto theft, etc.) Brentwood has a few gated communities, but Deer Ridge is not one of them. Deer Ridge is a lovely community with a public golf course meandering through it. If you need assistance locating the gated communities (for families or 55 and older) please feel free to give me a call. (925) 766-3791. I am an area expert. Take care and happy house hounting!! ... more
0 votes 3 answers Share Flag
Tue Feb 7, 2012
James Tan answered:
I think the market in the Greater Bay Area in general and Antioch in particular, seem to be bottoming out this year. Whether that is on a sustainable uptrend remains to be seen.

However, if you look at the foreclosure statistics from foreclosureradar, i.e.
http://www.foreclosureradar.com/california/contra-costa-county/antioch-foreclosures/listings
you will notice that bank owned inventory is down 33.22% from last year. Preforeclosure, and scheduled for sale volume is down as well. Notice of Default filings (leading indicator for foreclosures) are down 37% from last year.

At the same time Trulia statistics ( http://www.trulia.com/real_estate/Antioch-California/market-trends/ )
reports that the average listing price has been going up, number of listings is down and the average price per sqft is stable.

These are all encouraging signs about the market in Antioch. I think that the combination of extremely low interest rates, strong investor demand from affluent Bay Area neighborhoods, the BART extension project, booming economy in silicon valley, and very low home prices seem to result in strengthening resale prices in Antioch.
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0 votes 2 answers Share Flag
Fri Jan 20, 2012
John D Fink answered:
Hi, I am a local realtor and property manager in Brentwood. I have a home I manage on Diamond Spring Ln for almost three years now. It is a great, family style neighborhood and I have had no issues in that time at all. If you find something there, I would suggest you move on it. ... more
0 votes 1 answer Share Flag
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