You have a steady job, mortgage is being approved as we speak, have saved enough money for a down-payment and or have so much cash saved up that you just cant hold back and want to spend it on purchasing real estate as an investment. Economy is going ok so far showing strong signs of continuous growth. You are ready to buy that dream house!!
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!
House prices going up, going down? Time to buy or stay put? What is going on with Real Estate Market in Tri-Valley area of East Bay?
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?