March 2017 State of Market in Ruby Hill, Pleasanton

Active – As of March 31st, 2017  there were 9 active properties ranging from $1,379,000-$3,749,000.

Pending – 5 Properties ranging from $1,379,888-$2,399,000

Total Closed in March – 5 Properties from $1,936,000-$3,150,000

Overview of Ruby Hill Real Estate

Median Listing Price $2.4 M

Price per Sq Ft $497

Median Closing Price $2.3 M

The median home value in 94566 is $1,077,400. 94566 home values have gone up 4.7% over the past year and Zillow predicts they will rise 0.5% within the next year. The median list price per square foot in 94566 is $495. The median price of homes currently listed in 94566 is $1,198,000

Ruby Hill Real Estate Market Trends Resized

Pending Home Sales Leap 5.5% in February

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable hike in contract activity last month

Lawrence Yun, NAR chief economist, says February’s convincing bump in pending sales is proof that demand is rising with spring on the doorstep. “Buyers came back in force last month as a modest, seasonal uptick in listings were enough to fuel an increase in contract signings throughout the country,” he said. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying, as well as the expectation from some households that delaying their home search may mean paying higher interest rates later this year.”

Added Yun, “Last month being the warmest February in decades also played a role in kick-starting prospective buyers’ house hunt.”

Looking ahead to the busy spring months, Yun expects to see continued ebbs and flows in activity as new supply struggles to replace listings that are going under contract at a very quick pace. This is especially the case at the lower- and mid-market price ranges, where choices are minimal and prices are being bid higher by multiple offers.

“The homes most buyers are in the market for are unfortunately the most difficult to find and ultimately buy,” said Yun. “The country’s healthy labor market is translating to greater job security, but affordability is not improving because home prices in some areas are still outpacing incomes by three times or more because of tight supply. How much new and existing inventory there is on the market this spring will determine if sales can reach their full potential and finally start reversing the nation’s low homeownership rate.”

Existing-home sales are forecast to be around 5.57 million this year, an increase of 2.3 percent from 2016 (5.45 million). The national median existing-home price this year is expected to increase around 4 percent. In 2016, existing sales increased 3.8 percent and prices rose 5.1 percent.

The index in the West increased 3.1 percent in February to 97.5, but is still 0.2 percent higher than a year ago.

If you need to know more about Ruby Hill Real Estate, please feel free to reach out to me and I would be happy to help answer all your questions. If you are looking to sell, Meena Gujral can save you Thousands in commission.

You paid How Much to sell your home

This information has been compiled from the CAR, NAR website, Realtor.com, Redfin, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

HUS logo Full Service Big Savings

February 2017 State of Market in Ruby Hill, Pleasanton

Active – As of March 1st, 2017  there were 9 active properties ranging from $1,379,000-$3,398,000.

Pending – 6 Properties ranging from $1,379,888-$3,395,000

Total Closed in February – 5 Properties from $1,349,000-$3,770,000

Overview of Ruby Hill Real Estate

Median Listing Price $2.6 M

Price per Sq Ft $491

Median Closing Price $2.61 M

The median home value in 94566 is $1,071,100. 94566 home values have gone up 4.5% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in 94566 is $494. The median price of homes currently listed in 94566 is $1,039,000.Monthly market activity

New Reality? Buyers Face Fewer Choices

Daily Real Estate News | Thursday, February 23, 2017

Many markets are seeing so few new listings that they may not be able to meet the strong buyer demand heading into real estate’s traditionally busiest season. Listings are down more than 7 percent compared to a year ago across the country, according to the latest data by the National Association of REALTORS®.

Where Homes Are Selling the Fastest

Realtor.com® inventory data shows the following metro areas had listings that stayed on the market the shortest amount of time in January:

  • San Jose-Sunnyvale-Santa Clara, Calif.: 43 days
  • San Francisco-Oakland-Hayward, Calif.: 47 days
  • San Diego-Carlsbad, Calif.: 55 days
  • Seattle-Tacoma-Bellevue, Wash.: 57 days
  • Nashville-Davidson-Murfreesboro-Franklin, Tenn.: 58 days
  • Vallejo-Fairfield, Calif.: 58 days
  • Greeley, Colo.: 58 days

Source: National Association of REALTORS®

“Competition is likely to heat up even more heading into the spring for house hunters looking for homes in the lower- and mid-market price range,” says Lawrence Yun, NAR’s chief economist.

You paid How Much to sell your home

 

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions. If you are looking to sell, I can save you Thousands in commission.

This information has been compiled from the CAR, NAR website, Realtor.com, Redfin, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

 HUS logo Full Service Big Savings

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

 

December 2016 and January 2017 State of Market in Ruby Hill, Pleasanton

Active – As of February 3, 2017  there were 8 active properties ranging from $1,394,000-$3,400,000.

Pending – 6 Properties ranging from $1,349,000-$3,395,000

Total Closed in December and January – 8 Properties from $1,350,000-$3,300,000

Overview of Ruby Hill and zip code 94566 Real Estate

Median Listing Price $2.6 M

Price per Sq Ft $480

Median Closing Price $1.9M

The median home value in 94566 is $1,065,200. 94566 home values have gone up 4.7% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in 94566 is $497. The median price of homes currently listed in 94566 is $1,025,000.

Existing-Home Sales Slide in December; 2016 Sales Best Since 2006

WASHINGTON (January 24, 2017) — Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors®.

Total existing-home sales which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, finished 2016 at 5.45 million sales and surpassed 2015 (5.25 million) as the highest since 2006 (6.48 million).

In December, existing sales decreased 2.8 percent to a seasonally adjusted annual rate of 5.49 million in December from an upwardly revised 5.65 million in November. With last month’s slide, sales are only 0.7 percent higher than a year ago.

Lawrence Yun, NAR chief economist, says the housing market’s best year since the Great Recession ended on a healthy but somewhat softer note. “Solid job creation throughout 2016 and exceptionally low mortgage rates translated into a good year for the housing market,” he said. “However, higher mortgage rates and home prices combined with record low inventory levels stunted sales in much of the country in December.”

Properties typically stayed on the market for 52 days in December, up from 43 days in November but down from a year ago (58 days). Short sales were on the market the longest at a median of 97 days in December, while foreclosures sold in 53 days and non-distressed homes took 50 days. Thirty-seven percent of homes sold in December were on the market for less than a month.

Inventory data from Realtor.com® reveals that the metropolitan statistical areas where listings stayed on the market the shortest amount of time in December were San Jose-Sunnyvale-Santa Clara, Calif., 49 days; San Francisco-Oakland-Hayward, Calif., and Nashville-Davidson-Murfreesboro-Franklin, Tenn., 50 days; and Billings, Mont., and Hanford-Corcoran, Calif., both at 51 days.

You paid How Much to sell your home

 

If you need to know more about Ruby Hill Real Estate or Homes for sale in Ruby Hill Pleasanton, please feel free to reach out to me and I would be happy to help answer all your questions. If you are looking to sell, I can save you Thousands in commission.

This information has been compiled from the CAR, NAR website, Realtor.com, Redfin, MLS Data, Zillow, Bay East Association of Realtors, Helpusellachievers.com

 

Meena Gujral – BRE#00950378

Ruby Hill Resident and Home Owner

925-425-9491

meenagujral@comcast.net

http://www.helpusellachievers.com

Looking to sell your Home? Call Meena to save Thousands in Commission

HUS logo Full Service Big Savings

 

State of Ruby Hill Pleasanton Market in June 2015

Here is the Current Properties Status in Ruby Hill, Pleasanton

Active – As of July 1, 2015 there were 24 active properties in Ruby Hill ranging from $1,350,000- $5,948,000.

Pending – 6 Properties ranging from $1,335,000-$3,198,000

Sold/Closed June 1- June 30, 2015 – 9 properties ranging from $1,485,000-$3,300,000

Pleasanton 94566 Overview  

The median sales price for homes in ZIP code 94566 in Pleasanton from Mar 15 to Jun 15 was $985,000 based on 125 sales. Compared to the same period one year ago, the median sales price increased 9.4%, or $85,000, and the number of sales decreased 22.8%. The average listing price for homes for sale in 94566 was $1,607,631 for the week ending Jun 17, which represents an increase of 1.2%, or $18,319, compared to the prior week.

REALTORS® Confidence Index

 The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. In addition, the “Questions of the Month,” feature results of a timely aspect of the housing market.

  • For the fifth month in a row, the REALTORS® Confidence Index-Six-Month Outlook was viewed as strong by more respondents than those that viewed the market as weak.
  • First-time homebuyers accounted for 32 percent of sales, up from 27 percent a year ago and 30 percent in April 2015.
  • Inventory, though improving, remained tight relative to demand, so properties typically sold within 40 days nationally.
  • Distressed properties remained at 10 percent of sales, purchases for investment purposes at 14 percent of sales, and cash sales at 24 percent of sales.

Respondents noted several issues weighing down the market’s momentum:

  • Tight inventory
  • Financing issues: difficulty in qualifying for a mortgage due to higher FICO credit score and down payment standards, protracted mortgage approval process
  • Appraisal issues: conservative estimates, use of “out-of-town appraisers,” slow turnaround
  • TRID regulations that may delay closing/settlement of transactions
  • Dampening effect of higher interest rates in the future (although anticipation of higher rates can spur demand in the short-term)
  • Declining demand from international buyers due to a strong U.S. dollar
  • Lack of FHA-approved condominiums

This information has been compiled from the CAR website, Redfin, MLS Data,Trulia, Zillow, Bay East Association of Realtors ,Helpusellachievers.com and Realtor.com.

Meena Gujral – BRE#00950378

925-425-9491

http://www.meena.realtor

“Dream of Homes, I get you there”

meenagujral@comcast.net

Ruby Hill Resident and Home Owner

 

State of Ruby Hill June 2014

Here are the current Pending Properties in Ruby Hill

As of  June 30, 2014 there were 11 active properties in Ruby Hill ranging from $1,895,000-$5,880,000.

Pending sales in Ruby Hill

Pending-8 Properties ranging from $1,250,000-$2,615,000.

Sold in June 2014 – 5 Properties ranging from $1,175,000-$2,280,000

Pleasanton Overview

94566 home values have gone up 5.8% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in 94566 is $424, which is higher than the Pleasanton average of $413.

Days on Market (DOM) for the Pleasanton area year-to-date is around 23. The median detached home price in Pleasanton for May was $953,000 As of the last day of May there were 78 active homes in Pleasanton. At current selling rates this means there is approximately 2 months of inventory in Pleasanton remaining.

 

Sales in Pleasanton 2013-2014

 

Consumer Confidence Improves in May

The Conference Board Consumer Confidence Index, which had decreased in April, improved moderately in May, and now stands at 83 (1985=100), up from 81.7 in April. The Present Situation Index increased to 80.4 from 78.5, while the Expectations Index edged up to 84.8 from 83.9 in April.

Mortgage Rates Fall to Lower Point Than 12 Months Ago (Mortgage Rates June 26th news By: Rachel Stults)

Fixed mortgage rates across the United States are lower than at this time last year. The average rate on a 30-year fixed mortgage dropped to 4.14% from 4.17% last week, according to the latest survey from mortgage buyer Freddie Mac. At this time last year, the average was 4.46%.

             Housing Income Levels in the 94566 Zip Code

      Demographics in Pleasanton

 

 

You can reach Meena at 925-425-9491

meena.gujral@comcast.net

Sell your Home For a LOW SET FEE

http://www.helpusellachievers.com

BRE# 00950378

 

This information has been compiled from the MLS Data, Bay East Association of Realtors website, Zillow, Movoto, Realtor.com and the CAR website.

 

 

 

 

 

 

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

Ruby Hill home

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

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

 

Happy family

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

 

 

 

 

 

Choosing the right agent in Ruby Hill, Pleasanton, California

couple with agt sold sign

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

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

Many people, particularly first-time homebuyers, 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.

 

Real estate should be seen as a minimum five- to seven-year investment in order to give your home time to gain equity. But beyond investment and tax benefits is the security and enjoyment home ownership can bring.

 

Buying a home today is more affordable now than ever before since price are at their lowest levels since 2004.  Prices in Ruby Hill Pleasanton have come down substantially since two years ago and the timing to buy a new home in the Bay Area is perfect.  Builders are still offering incentives to entice buyers, 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 California, or a real estate agent please call Meena Gujral at 510-279-9580.

 

 

 

 

API Scores in elementary schools Pleasanton California before buying a house

elementary school

I currently live in Pleasanton and moved there because most of the schools in Pleasanton are excellent. My daughter goes to one of the high schools in Pleasanton, Ca.

Below is the link to the elementary schools in Pleasanton. Please go to the link and see the scores. Then you may want to find a home in that area. Please call the school before you buy the home to make sure that it will be within that school district. Some of the schools have a waiting list. There is no guarantee that your child will get into that particular school so it is always safe to call the school directly before making a move.
http://www.greatschools.net/schools.page?city=Pleasanton&lc=…

If I can be of further help in answering questions on the great community in Pleasanton, please feel free to e-mail meat meena.gujral@comcast.net

If you are looking for homes for sale in  Pleasanton, real estate in Ruby Hills Pleasanton, or a real estate in Pleasanton, please call me at 510-279-9580

 

Meena Gujral

Help-U-Sell Achievers Realty

925-425-9491