Extension of loan limits

Congress did not extend the loan limits despite efforts of the California Association of Realtors and the National Association of Realtors. The loan limits of $729,750 expired ion September 30, 2011 and the current limit for a conforming loan is $625,500. Any amount higher than that will be a jumbo loan with a higher interest rate and higher down payment. This will make it more difficult for buyers to qualify for luxury homes.

Meena Gujral
925-425-9491

25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets

25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets.

Open House in Five Canyons, Castro Valley.

Open Saturday and Sunday August 13th and 14th from 1-4 PM.

 

Ruby Hill Fly-Over and Funny Things About Pleasanton!

Ruby Hill from a bird’s eye view.

 

Funny stories about Pleasanton:

 

 

Thanks,

Meena Gujral

meena.gujral@comcast.net

925-425-9491

Real Estate: Finally a Good Investment?

Real Estate: Finally a Good Investment?.

NATION’S HOUSING: Lenders likely to order second, last-minute credit report before closing on a mortgage – latimes.com

If you haven’t signed up to receive your free list of homes for sale in Ruby Hill, you can do that here: List of Homes For Sale

NATION’S HOUSING: Lenders likely to order second, last-minute credit report before closing on a mortgage – latimes.com

Home sales in Pleasanton California, Ruby Hill Pleasanton statistics.

As per the Bay East Association of Realtors, Days on Market (DOM) for the Pleasanton area year-to-date is around 75. The median detached home price in Pleasanton for February was $745,000. As of the last day of February there were 116 active homes in Pleasanton. At current selling rates this means there is approximately 3 months of inventory in Pleasanton remaining. By the way, if you haven’t signed up to receive your free list of homes for sale in Ruby Hill, you can do that here: List of Homes For Sale

	Active	Pending		Sold		Months Supply
Feb 09	231	23		16		9.2
Mar 09	246	45		24		7.9
Apr 09	230	64		29		5.6
May 09	223	73		45		4.4
Jun 09	207	59		62		3.4
Jul 09	180	78		57		2.6
Aug 09	163	70	62		2.3
Sep 09	142	59		64		2.1
Oct 09	121	51		43		1.9
Nov 09	104	45		39		1.8
Dec 09	99	35		44		2.1
Jan 10	94	51		34		2.1
Feb 10	116	48		31		2.6

Ruby Hill Statistics:

As of April 6, 2010, there were 25 active listings in Ruby Hill Pleasanton in the price range of $969,000-8,888,868.  Two of them were short sales and the rest were regular sales.

There were 16 Pending listings in the price range of $1,030,000-3,750,000. Six of these were short sales and two were foreclosure properties.

For borrowers that have stable incomes, good credit history, and FICO scores of at least 620, now is an opportune time to purchase a home in spite of the market challenges they may have to overcome.

• Although home prices have stopped declining in most East Bay areas, and even have risen in some markets like Pleasanton, Dublin, San Ramon and Fremont, mortgage rates may rise, offsetting any potential savings in price. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) projects rates on 30-year fixed-rate mortgages to average 5.6 percent this year.
• The high end of the market didn’t experience the same price appreciation as the low end. Home prices in this segment have not declined as steeply as homes in the mid- to low-end of the market either.  Many sellers in the high end who do not have to sell their homes are choosing to wait until home prices rise before putting their homes on the market.
• Another challenge the high end market is facing is with buyers qualifying for financing.  Many lenders are requiring borrowers to provide proof of income, such as W-2s and recent paystubs, as well as demonstrate their ability to meet the monthly mortgage obligation.

If you are looking to sell a home in Pleasanton, California, or sell a short sale property, call Meena Gujral at Help-U-Sell Achievers Realty 510-279-9580 to see how you can save thousands of dollars by selling your home for a low set fee or go to:

http://www.helpusellachievers.com

To see my Real Estate Blogs click:

Mission San Jose Fremont Blog

Five Canyons Homes Blog

Castro Valley Homes Blog

Pleasanton homes activity in July, 2009

As per the Bay East Association of Realtors, Days on Market (DOM) for the Pleasanton area year-to-date is around 83. The median single family home price in Pleasanton for July was $688,000. As of the last day of July there were 180 active homes in Pleasanton. At current selling rates this means there is approximately 3 months of inventory in Pleasanton remaining.

To see all the homes I have sold in Pleasanton please click on:

http://www.helpusellachievers.com/About_Pleasanton_and_Livermore/page_2051090.html

 For a list of Pleasanton Homes for sale, Real Estate listings, California Real Estate go to: http://www.helpusellachievers.com

To see all my virtual tours in the East Bay area please click:

http://tours.tourfactory.com/results.asp?u=22865&home=achieversrealty.helpusell.com&m=1&p=1

Meena Gujral

Help-U-Sell Achievers Realty

40083 Mission Blvd, Fremont, Ca. 94539

510-279-9580

Are the Pleasnton schools better than Dublin? Can I send my child to the better school?

Dublin and Pleasanton both have good schools, but if you are looking for the better of the two, based on the Great Schools score, Pleasanton is better than Dublin.

Follow the link below to see the comparison of two of the best schools in Pleasanton and Dublin.
http://www.greatschools.net/cgi-bin/cs_compare/ca/?level=e&a…

If you live in Dublin, you cannot send your child to Pleasanton unless you qualify for an inter district transfer and not all schools allow that. You need to check with the school district.

 If you are looking for Pleasanton homes for sale, Homes for sale in Dublin Ca., or a real estate agent specializing in the East Bay, please call Meena Gujral at 510-279-9580.

 

Homes sold and listed by Meena in Pleasanton

 

http://www.helpusellachievers.com

 

To see all my virtual tours click:

Meena’s Virtual Tours

Pleasanton June 2009 Housing Statistics

As per the statistics from 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 June was $681,000. As of the last day of June there were 207 active homes in Pleasanton, Ca. At current selling rates this means there is approximately 3 months of inventory in Pleasanton remaining. 

In April there were 230 active homes, in May there were 223 active homes in Pleasanton.

As you can see just from the last 2 months, inventory is getting low. The market is changing from a buyer’s market to once again a seller’s market. I am finding multiple offers in many areas in the East Bay especially in Pleasanton, California.

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

Homes sold and listed by Meena in Pleasanton

To see all my virtual tours click: Meena’s Virtual Tours

 Meena Gujral

Help-U-Sell Achievers Realty

510-279-9580