Competition is getting high, listing prices are getting high, multiple offers are getting high and bidding is getting high. There are buyers everywhere but not enough homes to satisfy everyone’s needs!
Yes, unless you are one of the lucky ones who purchased their dream homes already in three to six months ago, it may be too late for some of us waiting on the sidelines! Or, unless, if you bring plenty of cash, offer a quick close and a clean contract!!
As you may know that Interest rates are still the lowest in many years. So when folks are thinking about obtaining a new loan or even refinancing, most will only inquire about the rates that each lender/broker is offering and fail to ask or compare all the fees and commissions that may be tagged on to their total loan package.
What is going on with Single Family Home values in Pleasanton, Livermore, Dublin, San Ramon and Danville markets? Have they bottomed out or still on a downward slide? Or are they actually starting to rise?
Take a look at the median prices since January 2009! Is it going up, staying the same or going down?