Is it the right time to buy a home in Ruby Hill, Pleasanton, California?

Ruby Hill home prices too have made an adjustment just as all of California. For example, homes that were selling for $2.5 Million are now selling less than 2 million. Interest rates are still very low. I would say it is a great time to buy in Ruby Hill.

As of July 7, 2009, there were 36 active listings in Ruby Hills. What that means is that buyers have a huge selection of homes ranging from $969,000-$10,000,000.

The Real Estate activity has always been good in Ruby Hill, Pleasanton. There are 6 pending listings and 17 homes have closed escrow since January 1, 2009. These numbers may not seem to be too high, however upper end properties have a limited pool of buyers, therefore they take longer to sell.

The sold numbers were about the same from January- July 2008 and from July-December 2008. In other words, the activity in Ruby Hill has been the same for a long time in spite of the market conditions. There were only 2 short sales and 2 REO (foreclosure) properties in the last six months.

Ask yourself these questions:

Would buying a home in Ruby Hill mean stretching your financial limits? Will you still have enough left over for unexpected emergencies? What can you afford comfortably?

When pre qualifying you for a loan, lenders look for three main areas: income and expenses, credit score, down payment including closing costs.

As a general rule, your credit score should be above 700 to get a good interest rate on a conventional loan in Ruby Hill. You should also be looking at having at least 30% for a down payment.

As far as financial benefits of homeownership in Ruby Hill are concerned, tax advantages are one of the biggest financial benefits of homeownership. As a general rule, most homeowners can deduct most or all of their interest payments on their home loan, property taxes and loan points, but check with your tax advisor to be sure. As you know Ruby Hill has so much to offer with the exclusive estate homes, the beautiful Golf Course, the club house, best Pleasanton schools, the Pleasanton and Livermore wineries and close proximity to downtown and major freeways.

Now you tell me…. Is it the right time for You?

If there is anything you need to know about Ruby Hill or Pleasanton you can reach me at 510-279-9580. You can also go to my website at http://www.helpusellachievers.com

Meena Gujral

Help-U-Sell Achievers Realty

510-279-9580 / 925-425-9491

April Housing statistics in Pleasanton

As per the Bay East Association of Realtors, days on Market (DOM) for the Pleasanton area year-to-date is around 97. The median single family home price in Pleasanton for April was $665,000. As of the last day of April there were 230 active homes in Pleasanton. At current selling rates this means there is approximately 6 months of inventory in Pleasanton remaining.

Homes sold and listed by Meena in Pleasanton

http://www.helpusellachievers.com

Statistics for home sales in Pleasanton in February 2009

As per information gathered from the Bay East Association of realtors, Days on Market (DOM) for the Pleasanton area year-to-date is around 120. The median single family home price in Pleasanton for February was $752,107. As of the last day of February there were 231 active homes in Pleasanton. At current selling rates this means there is approximately 9 months of inventory in Pleasanton remaining.

http://www.helpusellachievers.com

What is the tax credit for first time home buyers in the stimulus package?

To be eligible for the $8,000 tax credit, a first-time homebuyer must purchase a principal residence from January 1, 2009 to November 30, 2009. The deadline is November 30, 2009, and not December 31, 2009 According to an IRS announcement on February 25, 2009, first-time homebuyers who qualify for the $8,000 tax credit by purchasing a home before December 1, 2009 have a special option of claiming the tax credit on either their 2008 or 2009 tax returns The maximum tax credit for an individual first-time homebuyer is 10 percent of the purchase price, not to exceed $8,000. For married individuals filing separate tax returns, the tax credit is capped at $4,000. Both spouses must be “first-time homebuyers”. The first-time homebuyer tax credit may be restricted by the taxpayer’s income. The tax credit starts to phase out for an individual taxpayer with a modified adjusted gross income from $75,001 to $95,000 (or $150,001 to $170,000 for joint filers).

If you have any other questions please call Jasbir or Meena at 510-279-9580.

http://www.helpusellachievers.com

Housing Statistics in Pleasanton,California for December 2008

Days on Market (DOM) for the Pleasanton area year-to-date is around 75. The median single family home price in Pleasanton for December was $798,500. As of the last day of December there were 179 active homes in  Pleasanton. At current selling rates this means there is approximately 6 months of inventory in Pleasanton remaining.

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Homes sold and listed by Meena in Pleasanton

Statistics for Pleasanton California

As per the Bay East Association statistics, Days on Market (DOM) for the Pleasanton area year-to-date is around 75. The median single family home price in Pleasanton for November was $700,000. As of the last day of November there were 207 active homes in  Pleasanton. At current selling rates this means there is approximately 5 months of inventory in Pleasanton remaining.

http://www.helpusellachievers.com

Homes sold and listed by Meena in Pleasanton

Days on the Market in Pleasanton, California?

Days on the market for the Pleasanton area year to date as per statistics from the Bay East Association of Realtors year to date is 76 (DOM). The median single family home price in Pleasanton, Ca for October was $810,000. As of the last day of October there were 227 active homes in Pleasanton California. At current selling rates this means there is 5 months of inventory in Pleasanton remaining.

Is it a good time to buy in Ruby Hill, Pleasanton?

Many people still aren’t sure if homeownership is feasible. Prices, interest rates, mortgage lenders and market speculation are just a few of the things that are cause for concern among those looking to buy a home.

 

This recent downturn is allowing the California real estate market to correct itself to more affordable levels. Real estate especially in Ruby Hill Pleasanton, California should be seen as a minimum five- to seven-year investment in order to give your home time to gain equity. With that average in mind, real estate is a solid investment.

 

But beyond investment and tax benefits is the security and enjoyment a new home can bring in an exclusive area with pristine estate homes built around the Ruby Hill Golf Course.

 

The truth is homeownership is within grasp of more prospective new buyers looking in Ruby Hill, Pleasanton in today’s new home market with prices at their lowest levels since 2004, and relatively low interest rates make real estate investment a very good idea right now.

 

How long is this “Buyers Market” going to last? No one can actually predict, however the typical cycle in real estate starts to change when inventory shrinks below demand, driving up prices.

 

If you are looking for Pleasanton homes for sale, Homes for sale in Ruby Hill Pleasanton Ca., or a real estate agent specializing in Ruby Hill, please call Meena Gujral at

510-279-9580.

 

Homes sold and listed by Meena in Pleasanton

 

http://www.helpusellachievers.com

 

 

 

Amador Valley High School in Pleasanton, California

Today I read an article in the Independent newspaper about Amador Valley High School. 

Pleasanton’s Amador Valley High school has some of the best high-school mathematicians in the country. Several students received individual awards in the 2008 Fall Startup Event, a national mathematics contest administered by National Assessment and Testing therefore achieving the 15th position in the nation.

I was very pleased to read the article since my daughter goes to Amador. She is not one of the mathematicians but I am still proud of her achievements in other areas in the school.  Needless to say, it is an excellent school and I am glad we have the privilege to send our daughter to AVHS.  

AVHS prepares you for college with AP and honor classes with outstanding teachers, has a diverse student population, and provides a friendly and comfortable atmosphere for students. The staff members on campus make an effort to get to know students on a more personal and understanding level. The atmosphere, even when you just walk on campus, is positive and happy. The teachers are dedicated, enthusiastic and professional.

 

Choosing the right agent in Ruby Hill, Pleasanton, California

At a minimum, speak with 2 or 3 brokers from different agencies. Ask prospective brokers the same list of questions in order to compare their answers. Find out what they would do to sell your house in Ruby Hill, Ca. Above all, choose a broker that you feel comfortable with and like. This person will help you make the biggest sale of your life, so find someone you think will do a good job!

 

The following is a list of questions that may be helpful to ask while speaking with prospective real estate brokers:

1. How many years have you been in business?

2. How many homes have you sold in Ruby Hill?

3. How many houses did you sell in the past year?

4. What is your commission?

5. If I were to work with you, how would you market my house in Ruby Hill, Pleasanton?

6. Will you organize meetings with potential buyers and will you coordinate them personally?

7. Can you give me names and telephone numbers of other families that you have represented in Ruby Hills that have used your services?

 

If you are looking to sell a home in Pleasanton, California,  Homes for sale in Ruby Hill Pleasanton Ca., or a real estate agent specializing in Ruby Hill, please call Meena Gujral at 510-279-9580