After I did my duty of voting and then posting the Pleasanton Election Results and Dublin Election Results the following day I ran the home sales numbers as I do every month and was excited to see Pleasanton Home Sales, Danville Home Sales and Dublin Homes sales did very well in October. Below are home sales for the Tri Valley cities.

Tri Valley Home Sales November 2008 - Octobers numbers

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condos Sales

Livermore Home Sales

San Ramon Home Sales

Danville Home Sales

The Pleasanton housing cap voted in 12 years ago set a cap of 29,000 housing units. Pleasanton’s housing cap still needs a bit of tweaking. On Nov. 4^th you can decide exactly what a house is. Pleasanton is about 3,000 housing units away from the 29,000 voter approved cap and based on the Nov. 4^th results, Pleasanton voters will essentially decide how many ‘homes’ will be built in the future to meet the voter approved housing cap in Pleasanton.

What is a house?

Pleasanton Measure QQ and Measure PP will let you define what a home is.

Pleasanton Measure PP

A housing unit will be defined as a unit with a kitchen sink, cooking device and fridge the unit would also have a bathroom with toilet and shower or tub.

Measure PP also states the Pleasanton City Council must uphold the housing cap and must not be allowed to grant waivers to allow housing units that meet this definition.

Pleasanton Measure QQ

Supported by 3 of the 5 City Council members. Pleasanton Measure QQ defines a housing unit as a single family home, condominium, town home, half a duplex/duet, one mobile home and one apartment unit. Also, second units (in-law), rooms in extended stay hotels and units in assisted living facilities would NOT count towards the cap.

Get out and vote on Nov. 4^th

Fore more information on Measure QQ and PP visit

www.savepleasantonhills.com

www.yesonqq.com

Friends Of Pleasanton

No on QQ

Yes on PP

Other Related Topics

Save Pleasanton’s Hills & Housing Cap Initiative

Did you hear the news! Congress OK’s a Rescue Plan. We will not feel the effect of the plan on Pleasanton Home Values, Dublin Home Values, Danville Home Values, San Ramon Home Values and Livermore Home Values for some time. So… here is what we do know, the the stats from the home sales in the Tri Valley are below.

Tri Valley Home Sales Update October ‘08

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condo Sales

Livermore Home Sales

San Ramon Home Sales

 Danville Home Sales

Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.

Thinking about a Foreclosure in Pleasanton or maybe a Short Sale in Dublin? Sure you are, who isn’t. I say that because many buyers are looking at Foreclosures or Short Sales in the Tri Valley as a great deal opportunity. I wrote a post in February about Foreclosures in Pleasanton and Tri Valley where I said ‘bank owned homes in Pleasanton are some serious deals.’ I now update my statement. Today many foreclosures in the Tri Valley are being listed under comparables of recently sold homes and then you have a bidding war on the home, bringing the price up. While I believe there are still ‘deals’ to be made on foreclosures, they are not the only way to go.

Change of strategy… Go for short sales if you want a deal too. Short sales in the Tri Valley will eventually become Foreclosures, so show the bank the benefit of avoiding foreclosure and hope that the listing agent and your agent know how to work a short sale, it’s an art. Also, hire an agent with short sale and foreclosure experience.

Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.

So you are thinking about buying an investment property and thinking about a foreclosure in Pleasanton or a short sale in Dublin. Unfortunately every time one comes up that is a deal, you get out bid or can’t get an offer in soon enough because you are too late.

For a list of foreclosures or short sales in the Tri Valley comment below.

Here is a game plan incase you don’t have one:

1. At the least get pre-approved, even if you think it will be no problem to do so. If your offer on that short sale in Dublin Ranch does not have one, the bank won’t look at your offer, sorry.

2. Know what you are looking for. 3 bedroom minimum in Pleasanton, must have garage, close to school, no pool, single level, indoor laundry… Focus on those properties you want only.

3. If it’s a rental, know neighborhood rents and be conservative. Don’t forget HOA dues. Dublin Ranch condos are a great investment with prices below $400,000 and rents above $2,000.

4. Looking at a fixer? Don’t sweat the appliances being gone or destroyed carpets and paint. Those are easy to take care of - Visit the Sears Outlet Store in San Leandro. How is the structure? How is the roof? How are the schools? Latest on Tri Valley School scores.

5. Be realistic in pricing. $400,000 condo in Dublin Ranch rents for $2,300. If you put 20% down your payments are pretty close to even cash flow. Most investors looking for a property like this will not go much higher than $400,000, so it will be hard to get it for $350,000. Think about who else might be looking at that foreclosure in Pleasanton you have an eye on.

6. Sweeten the deal. Short sale in Dublin was just secured for our buyers because the seller wanted to stay in the home and the buyer wanted a renter. We told the seller they could stay in the home. Offer Accepted! What makes your offer different from the other 7 offers written?

7. Not everyone is hurting. Even if the economy is ‘weak’ there are a lot of people with money investing in properties and flipping homes. Right now the competition for buyers is an investor who has done their homework. Have you done your homework? If you have, you will get an A in investing and make some great money from this market.

If you would like us to help you develop a plan, email us here.

For a list of foreclosures or short sales comment below.

Remember to do your homework. Here is a post covering that idea. Is Your Home Convenient.

Do you watch the news, read the papers or other real estate blogs? If you do then you know interest rates took a drop this week. Pleasanton Home Sales, San Ramon Home Sales, Dublin Home Sales, Danville Home Sales and Livermore Home Sales will hopefully see a continued increase in home values as we are starting to see in Pleasanton, San Ramon and Danville from the drop in rates. Visit the Housing Value Stats page.

Tri Valley Home Sales Update September ‘08

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condo Sales 

Livermore Home Sales 

San Ramon Home Sales

Danville Home Sales 

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This is not an article about why you should buy a Pleasanton home because everyone buys for different reasons. This may be a bad time for you to buy that condo in Dublin Ranch, but it may be a great time for you to buy that Danville home. This article is what we have observed from working with Tri Valley home buyers over the years.

In 2004 and 2005 the question for many tri valley home buyers and tri valley home sellers was ‘how long will this last?’ Meaning how long will prices increase. Today the question is ‘when will the bottom hit?’ And in 2007 the question was ‘Why would anyone buy a home in this market?’ In the papers and on the television the thoughts were similar. Last year you could pick up the paper and a headline would read ‘Where is the bottom of the market.’ Today I opened the paper and the headline was ‘Housing bottom coming into view.’ Real estate is always looked at in trends of month to month sales or year to year pricing. Since we are tri valley realtors we have a good look at the ‘emotional’ trend of buyers in the Pleasanton, Dublin, Livermore, Danville and San Ramon markets. As you could probably guess the trend or question we get now is ‘When should I buy a home?’ Today we have a lot of clients who want to buy a home, they just want to time is right. From the National Association of Realtors to CNBC many economists are pointing to some point in ’09 to be the bottom and a stabilization moving forward from the end of 2008. Before you say we have a bias opinion, we also see first hand the buyers in the Pleasanton, Dublin, Livermore, Danville and San Ramon markets who are waiting for the right point to purchase. Think of it like a group of runners at a start line shoulder to shoulder holding everyone else back waiting to sprint or ‘jump’ into the market. The number of people waiting is huge and once the media is in line with what those buyers at the start line want to hear or see in the data trends, the real estate market will explode. My point is this – Don’t try to time the market, you will have a hard time doing it because every markt is different, but buy a home for the reason our grandparents did! When the time is right for you, buy and hold.

Buy smart and do your homework!

We can all agree that more parks in Pleasanton will increase Pleasanton Home values. It’s one of those things that adds to the value of a Pleasanton neighborhood and the entire town. Staples Ranch in Pleasanton is a 124 Acre development off Interstate 580 and El Charro of which 17 Acres will be a community park.

In addition to the park at Staples Ranch in Pleasanton the following will also be included:

• 37 Acre Auto Mall (Pleasanton Auto Mall)
• 46 Acre Senior Care Community (Stoneridge Creek)
• 11 Acre Commercial/Retail
• 5 Acre Neighborhood Park with Storm Basin
• Don’t Forget the San Jose Sharks Ice Rink

Staples Ranch in Pleasanton Previous Post from April ‘08

British owned Fresh  & Easy to move into the current spot of Express Fitness. The Rose Pavilion saw a new resident in Golfsmith a few weeks ago so the new grocery store along with Golfsmith will bring new light to the center. Fresh & Easy will take up 15,585 sf. and the relocation of Express Fitness is currently unknown at this time.

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 Pleasanton Home Sales, San Ramon Home Sales, Dublin Home Sales, Danville Home Sales and Livermore Home Sales for July again saw decrease in Days on Market! This is due to either an increase in the number of homes sold, decrease in number of available homes or both. Check the home sales of your city below.

Tri Valley Home Sales Update August ‘08

Pleasanton Home Sales

Dublin Home Sales

Dublin Ranch Condo Sales

Livermore Home Sales

San Ramon Home Sales

Danville Home Sales

Past Months Sales Updates

July Home Sales

June Home Sales

May Home Sales

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