If this newsletter does not
appear to be formatted correctly with images, colors and links, this is
probably related to
your email client settings. You can read the complete newsletter
in your web browser at http://www.sbgibbons.com/archives.shtml
|
Visit www.BernardGibbons.com
for the Latest Listings and Real Estate Information
State Of The Real Estate
Market In The As
we move into June, there is no shortage of homes for sale in most price
ranges throughout the
* Figures in parentheses show home sales closed in
May 2005 The
answer would appear to be that buyers are finding it difficult to make the
decision to buy! Having spoken to many potential home buyers and real estate
agents about this state of affairs, it seems there is a common thread. Many
people who are in a position to buy are reluctant to do so because they think
home prices may decline. Some have even moved into temporary rented
accommodation while they wait to “see what happens” Home
prices do appear to have declined to some extent although it would be
misleading to assume that your home has lost x% of it’s
value over the past few months. The reality is that many homes were sold for
more than they should have been in recent years as prices realized were
driven by a shortage of homes for sale. If
you are thinking of making a move, now is a good time to list your home for
sale, provided you are prepared to do so at a realistic price. Nice homes
that are priced appropriately are still selling reasonably quickly although
multiple offers are unusual. Homes that are dated or need work are taking
longer to sell and homes that are over-priced are just sitting on the market.
Having
found a buyer for your home, you are in a strong position. For you, now is
truly a great time to buy a home. Motivated sellers are likely to accept an
offer well below the list price so there are some great buys to be had. There is also another factor that should be taken into consideration. If you delay making your move, it will probably cost you more in the long run. Interest rates appear set to climb upwards for some time now. Even if home prices were to fall slightly, the net effect is likely to be increased monthly mortgage costs. ■ What’s Your Home Worth? Thinking of
selling? Home
prices have increased at a phenomenal rate over the past few years. To get a Free Up-To-Date Valuation of
your home without any obligation, together with suggestions for what you can
do to maximize its appeal, visit www.BernardGibbons.com or for an immediate response
call Restaurant Review
Uncle Yu’s, 2005 Crow Canyon Place, San Ramon It may seem strange to recommend a Chinese
restaurant in the The menu is similar to most Chinese
restaurant menus in the Particularly good are the Mongolian Beef
and the Sweet and Sour Pork. And I have been very impressed with all of the
seafood dishes I have eaten here. But there is so much more to this place than the food.
The total dining experience is what makes it all come together so well. The
waiters all wear tuxedos and are particularly attentive yet friendly. The
surroundings are elegant. The price is a little higher than most Chinese
restaurants but it feels a bargain for an enjoyable evening out. Finally, no review of Uncle Yu’s would be complete
without reference to the wine list. This is the most extensive wine list I
have ever seen in a Chinese restaurant (more than 8 pages) and the sommelier
is extremely knowledgeable and will happily discuss what wine to drink to
complement the various dishes. No mean feat with Chinese food. You can spend
well over $100 on a bottle of wine here but you can equally enjoy a very good
wine for around $25. If you haven’t been to Uncle Yu’s, give it a try. They
have another restaurant by the same name in Reviews such as the one above are included as a service to introduce
people to interesting restaurants in the
Spotlight San Ramon - Are Home Prices Headed Up Or Down? Now we have 5 months of solid
sales data in 2006, it makes sense to take a quantitative look at the
direction the home sales market has taken so far this year, safe from the
hype of the “reporters” who are mostly concerned with newspaper circulation
figures. People with homes for sale
are generally finding that they are taking a long time to sell but that seems
down to buyer uncertainty. Let’s take a look at the
facts (San Ramon figures from the MAX/Contra Costa MLS). Numbers of closed
sales for the first 5 months of this year is as follows, with figures for
2005 in parentheses: January 43 (46) February 50 (57) March 94 (99) April 74 (91) May 77 (79) That doesn’t look much
like a failing market. Apart from April when sales were down 20% on 2005
figures, everything appears very similar. Now consider median sale
prices, again with 2005 figures in parentheses: January 805K (731K) February 767K (730K) March 825K (790K) April 761K (765K) May 815K (791K) That’s right! Median sales
prices in San Ramon are actually up 4.3% year to date on 2005. While it is true that
homes are taking longer to sell and there is more to choose from than usual,
I think most would have to agree that this does not look like a weak real
estate market. Expect similar results from now through September and possibly
higher price increases from October onwards. How Will You Decide Who Will List YOUR
Home For As housing inventory increases and interest rates continue
to rise, it is more important than ever to work with a Realtor® who has the
knowledge and experience to market your home to its fullest potential in
order to obtain the best price for your home. My High Impact Home Marketing Program is the most
comprehensive home marketing system in real estate. This, combined with my
affiliation with Intero Real Estate Services, the foremost real estate
company in the Bay Area, ensures that your home gets the maximum level of
exposure from start to finish. Through multiple channels and networks I
market your home every day to potential homebuyers and real estate agents who
represent buyers in your area. This targeted marketing approach ensures
maximum exposure to potential buyers. Communication is absolutely critical. I will keep you fully
informed regarding the status of your home sale at all times and do
everything in my power to ensure a smooth, stress-free transaction. Call me
any time for a confidential discussion without any obligation - (925)
997-1585.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address |
City |
Beds |
Baths |
Part |
Sq Ft |
|
Sold Price |
DOM |
|
547 Sycamore Cir |
|
3 |
2 |
0 |
1390 |
2132 |
$610,000 |
2 |
|
|
|
3 |
2 |
1 |
1590 |
3008 |
$715,000 |
8 |
|
226 Abigail Cir |
|
4 |
2 |
1 |
2396 |
4000 |
$799,950 |
5 |
|
|
|
4 |
2 |
0 |
1948 |
5000 |
$800,000 |
8 |
|
44 |
|
3 |
2 |
1 |
1862 |
2880 |
$842,500 |
25 |
|
|
|
4 |
3 |
0 |
3349 |
7400 |
$1,329,000 |
17 |
|
|
|
5 |
3 |
0 |
4000 |
12028 |
$1,400,000 |
30 |
|
|
|
4 |
3 |
|
2658 |
49614 |
$1,650,000 |
1 |
|
|
|
4 |
2 |
0 |
1442 |
10010 |
$860,000 |
35 |
|
|
|
5 |
2 |
0 |
2375 |
31500 |
$975,000 |
9 |
|
|
|
3 |
2 |
0 |
1949 |
18295 |
$1,150,000 |
4 |
|
1340 |
|
4 |
2 |
1 |
2716 |
21780 |
$1,360,000 |
29 |
|
3570 O' |
|
4 |
3 |
|
2600 |
19549 |
$1,420,000 |
13 |
|
|
|
4 |
3 |
0 |
2925 |
19100 |
$1,807,000 |
12 |
|
|
|
3 |
2 |
0 |
1791 |
11000 |
$1,015,000 |
16 |
|
|