Danville, CA

Homes for Sale in Greenbrook in Danville CA, January 2010 - Market Snapshot for Greenbrook in Danville CA February 6, 2010 * provides details on recent home sales and homes for sale in Greenbrook in Danville CA or Greenbrook homes for sale in 94526 as well as the median home price in Greenbrook in Danville CA. There are currently four detached single family homes on the market in Greenbrook. Each is a spacious home ranging in size from a reported 1,943 square feet to 2,431 square feet. The average home price for these listed homes in Greenbrook is $814,487 while the homes range in price from $799,000 to $860,000. The median home price in Greenbrook in Danville CA at this time is $799,475.

No detached single family home for sale in Greenbrook in Danville CA sold during January 2010

How to get there?
Homes for sale in Greenbrook in Danville CA span an area East of the I-680 freeway that is encircled by El Capitan Drive.


As of February 6, 2010 one of the single family detached homes for sale in Greenbrook in Danville CA or homes for sale in 94526 is currently pending sale. This single family home has 2,478 square feet of living space priced at $688,000.

Greenbrook in Danville CA is a sought after planned community that was launched in 1965. The Association consists of 784 homes and townhomes situated on 206 acres of mature landscaping including 24 acres of parks, creeks and walking paths. Convenient shopping and downtown Danville are just minutes away by foot or bicycle on the Iron Horse Trail.

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There are currently three attached homes, each a townhome, on the market in Greenbrook all with a reported 1,542 square feet of living space. The average home price for these listed town homes in Greenbrook is $440,500 while the homes range in price from $415,000 to $469,000. The median home price in Greenbrook in Danville CA at this time is $437,500.

One of the attached homes for sale in Greenbrook in Danville CA or homes for sale in 94526 sold during January 2010. Details on this sale follow.

What did 153 Lawnview Cir. in Greenbrook sell for? 153 Lawnview Cir. in Danville CA sold for $400,000 after 14 days on the market.


None of the attached homes for sale in Greenbrook in Danville CA or homes for sale in 94256 are currently pending sale as of February 6, 2010.

Twenty (up from 16 in 2008) single family homes for sale in Greenbrook in Danville CA or homes for sale in 94526 sold in 2009. The median home price of those sixteen homes is $782,500. Four attached homes for sale in Greenbrook in Danville CA or homes for sale in 94526, all townhomes, sold in 2009. The median home price of those four homes is $350,000.

Greenbrook boasts a million dollar recreation area that serves as a central meeting place for an active community hosting a variety of clubs, groups and social events. Award winning Greenbrook Elementary and Charlotte Wood Middle Schools are an easy walk for most of its children down its private greenbelts through park settings.

Greenbrook is active in many ways including activities for all ages. The recreation area is located in the center of the community and includes a large clubhouse, four lighted tennis courts, community size swimming pool, wading pool, children's play area, a shuffle board and a volley ball court. Tennis is a common interest in the community which supports a number of internal teams and events at both recreational and competitive levels.

Are you interested in what is going on in the hyper-local real estate market at this moment? The market snapshot shows homes for sale and homes recently sold, including price as well as community and school information. Click here to create your own, up to the minute market snapshot directly from the MLS.

Buying or selling a home in Greenbrook or Danville CA real estate, contact us as we are skilled agents, offering extensive knowledge and strong negotiation skills who are truly focused on "Getting You Where You Need to Be!"

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES - CA DRE Lic. #01363932
(925) 407-7987 or click to e-mail Vickie Nagy
OR
Contact Steve Nagy REALTOR®, - CA DRE Lic. #01863790
(925) 407-7853 or click to e-mail Steve Nagy

Please contact Vickie Nagy or Steve Nagy for all of your real estate needs in Alamo, Danville, San Ramon, Dublin, Livermore, Pleasanton, Walnut Creek and Concord. Search for Homes For Sale - Keller Williams Realty

To see homes for sale in Danville CA neighborhoods including Greenbrook in Danville CA visit Danville CA Neighborhoods Real Estate. Click here for the Median Home Price in Danville CA . More information on homes for sale in Danville CA, including foreclosures for sale can be found at www.VickieSellsHomes.com

Recent archives of Real Estate Market Updates for Homes for Sale in Greenbrook in Danville CA include:
December 2009 Homes for sale in Greenbrook and Danville CA real estate market update
November 2009 Homes for sale in Greenbrook and Danville CA real estate market update
October 2009 Homes for sale in Greenbrook and Danville CA real estate market update
September 2009 Homes for sale in Greenbrook and Danville CA real estate market update
August 2009 Homes for sale in Greenbrook and Danville CA real estate market update
July 2009 Homes for sale in Greenbrook and Danville CA real estate market update
June 2009 Homes for sale in Greenbrook and Danville CA real estate market update
May 2009 Homes for sale in Greenbrook and Danville CA real estate market update
April 2009 Homes for sale in Greenbrook and Danville CA real estate market update
March 2009 Homes for sale in Greenbrook and Danville CA real estate market update
February 2009 Homes for sale in Greenbrook and Danville CA real estate market update
January 2009 Homes for sale in Greenbrook and Danville CA real estate market update
December 2008 Homes for sale in Greenbrook and Danville CA real estate market

** Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

The recent waiver of HUD's infamous 90 Day Flipping Rule (that we previously wrote about) has brought much optimism for real estate investors and their fiduciaries. We have already had many requests for FHA financing in response to this new mandate. At Diversified Mortgage Group, we have our finger on the pulse of the lending industry and have made numerous inquiries as to which lenders are aligning themselves with HUD's waiver. We must note that although the waiver is positive news and much-needed, THE SECONDARY MARKET HAS NOT ADOPTED THE PROGRAM. If you are interested in obtaining financing on a property that would earlier have been excluded from FHA financing due to the flipping rule, it is imperative to contact your mortgage professional as soon as possible to ensure a that there is a home for the loan.

I hope I didn't make your head spin too much with the last post about FHA's latest twists and turns. But if you're into the "excitement" read on - there's more!

• Here's the "biggie" - the "E Ticket Ride" that has everyone throwing their hands in the air. Effective for cases assigned on or after February 1^st, HUD has waived its up-to-now dreaded 90 Day Flipping Rule in an effort to facilitate recovery of the housing market. The guidelines for this waiver can be read here. Of course, this is not a free pass - there are still stipulations that must be met for such a transaction to be eligible for FHA financing. For more in-depth commentary on this, we posted an earlier blog on this topic here.
• The next big drop comes in the form of an HVCC look-alike policy for FHA appraisals. Although HUD does not require the use of AMCs for the ordering of an FHA appraisal, it has set forth new guidelines to ensure appraiser independence. Mortgagee Letter 2009-28 originally had this change take effect January 1^st but the deadline was extended to February 15^th. From that point on any party that stands to earn commission compensation from the successful completion of an FHA transaction may not select the FHA roster appraiser. Therefore it will be up to a lender's staff to order the appraisal and we can expect in most, if not all cases, the lender's AMC utilized for conventional loans will be called upon to complete FHA cases as well.
• Finally another loop on the ride comes in the form of a hike in Up Front Mortgage Insurance Premiums for FHA loans. No one is truly shocked by this - we saw it coming when HUD announced their insurance reserve funds were dwindling below the comfort level. On all cases assigned after April 5^th, the new UFMIP will be raised by 50 basis points from 1.75% to 2.25%. As it has been pointed out by many in the industry, since this premium is usually financed on top of the base loan amount, the monthly difference is not too jarring but this hike as well as the looming expiration of the Federal home buyer tax credit are certainly great motivators for potential buyers on the fence! The corresponding Mortgagee Letter 2010-02 can be found here.

Well that's the ride for you! Hope you're not too disoriented. Although I love a good roller coaster, I could use a break from the twists and turns on the FHA ride. But I'm confident that at some point in the future, HUD will begin to benefit from these tweaks, lenders will become more comfortable with the changes and someday (hopefully in the not-too-distant future) the lending landscape will return to a less turbulent experience.

It's only February and HUD has given us quite a bit to digest regarding FHA financing already! Who needs Disneyland with FHA's own roller coaster of changes? Here's a quick roundup of recent changes as well as links to the corresponding Mortgagee Letters:

• On December 16^th of last year HUD released an important guideline regarding potential borrowers who've had a previous Short-Sale or Short-Payoff. Mortgagee Letter 2009-52
• January 1^st: FHA Maximum loan limits went into effect for 2010 as outlined in Mortgagee Letter 2009-50
• FHA reduced the shelf-life of property appraisals from 180 to 120 days on existing homes. It also reduced the validity of appraisals from one year on proposed/under construction properties to 120 days as well. (see Mortgagee Letter 2009-30). This went into effect on Jan. 1 as well.
• Another thrilling change regarding appraisals explained in Mortgagee Letter 2009-29 regarding appraisal portability between lenders. Basically it outlines the various hoops a lender must jump through should there already be an FHA appraisal on a subject property which may happen as a result of a deal that fell through or if the original buyer decides to switch FHA lenders. HUD's guidelines are to prevent appraisal shopping by lenders to inflate value or reduce required repairs.
• Mortgagee Letter 2010-03 puts DE (Direct Endorsement) FHA lenders on high alert that it will be reviewing defaults (90 days or more delinquent)and claim rates during the FHA loan's first 24 months and will reserve the right to revoke FHA underwriting and origination ability of lenders whose default claims exceed the thresholds set forth in the letter.
• The last day for FHA condo "spot approval" case numbers was January 31^st. As of February 1^st, FHA's new condo approval processes (termed HRAP and DELRAP) went into effect. Although spot approvals came in handy, I believe that this process will actually streamline FHA condo financing. Two mortgagee letters (Mortgagee Letter 2009-46b and Mortgagee Letter 2009-46a) outline the new processes.

Whew! That's only the first month's announcements! You probably need to get off the ride now and regain equilibrium before we go any further. I'll outline the next wave tomorrow...buckle up!

Jan 2009 Median Home Price, Homes for sale in Danville CA and the Danville California Real Estate Market Update February 2, 2010. The January 2009 median home price in Danville CA was $869,000 for single family detached homes*. There were 19 home sales of single family detached homes, the highest priced home sold for $1,900,000, the lowest price home sold for $545,000. The average selling price was $962,404 for detached single family homes for sale in Danville CA or homes for sale in 94506 94526 in January 2009. These homes were on the market an average of 84 days. Your Danville California real estate market update was written February 2, 2010. See below for information on single family homes sold on the low and high end.

What 1706 S. Clear Creek Pl. in Danville CA sell for? 1706 S. Clear Creek Pl. in Danville CA sold for $545,000 after 47 days on the market:


What did 4 Ohlson Ln. in Danville CA sell for? 4 Ohlson Ln. in Danville CA sold for $1,900,000 after 38 days on the market:

There are currently 82 single family detached homes for sale in Danville CA or homes for sale in 94506 94526 under contingency contract or pending sale. The pending home prices range from $449,000 to $1,599,950, with an average asking price of $846,441. These homes have been on the market an average of 53 days.

The January 2009 median home price in Danville CA was $472,500 for attached homes for sale in Danville CA or homes for sale in 94506 94526 that sold including duets, condos and town houses. There were 6 attached units sold, the highest priced unit sold for $507,000, and the lowest price unit sold for $325,000. The average selling price was $444,500 for attached homes for sale in Danville CA or homes for sale in 94506 94526 in January 2009. See below for information on attached homes sold on the low and high end.

433 Sycamore Cir. in Danville CA sold for $325,000 after 6 days on the market:


1923 Rancho Verde Cir. W in Danville CA sold for $507,000 after 53 days on the market:

Click here to receive regular market updates for Danville California Real Estate
Click here to request a current list of homes for sale in Danville CA

There are currently 31 attached homes for sale in Danville CA or homes for sale in 94506 94526 pending sale including duets, condos and town houses with a median home price of $425,000. List prices on these homes range from a low of $169,000 to a high of $649,500.

As of February 2, 2010 there are currently 141 homes for sale in Danville CA or homes for sale in 94506 94526 on the market. 97 of these are single family homes with a median list price of $1,099,000 (prices range from $530,000 to $3,995,000). 44 of these are attached homes with a median home price of $429,000 (prices range from $235,000 to $720,000).

400 single family homes for sale in Danville CA or homes for sale in 94582 94583 sold during 2009. The median selling price of these 400 homes was $842,500 and they ranged in price from $465,000 to $3,940,000 and they were on the market an average of 69 days. 118 attached homes for sale in Danville CA or homes for sale in 94582 94583 sold during 2009. Prices ranged from $215,000 to $710,000 and the median selling price of these 118 attached homes was $475,000 and they were on the market an average of 59 days.

Are you interested in what is going on in the hyper-local real estate market at this moment? The market snapshot shows homes for sale and homes recently sold, including price as well as community and school information. Click here to create your own, up to the minute market snapshot directly from the MLS.

Buying or selling a home in Danville or Danville CA real estate, contact us as we are skilled agents, offering extensive knowledge and strong negotiation skills who are truly focused on "Getting You Where You Need to Be!"

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES - CA DRE Lic. #01363932
(925) 407-7987 or click to e-mail Vickie Nagy
OR
Contact Steve Nagy REALTOR®, - CA DRE Lic. #01863790
(925) 407-7853 or click to e-mail Steve Nagy

Please contact Vickie Nagy or Steve Nagy for all of your real estate needs in Alamo, Danville, San Ramon, Dublin, Livermore, Pleasanton, Walnut Creek and Concord. Search for Homes For Sale - Keller Williams Realty

To see homes for sale in Danville CA visit Danville CA Real Estate . Click for the Median Home Price in Danville CA. More information on the homes for sale in Danville CA including foreclosures for sale in Danville CA can be found at www.VickieSellsHomes.com

Recent archives of Real Estate Market Updates for Homes for Sale in Danville CA include:
December 2009 Danville CA real estate market update and homes for sale in Danville CA
November 2009 Danville CA real estate market update and homes for sale in Danville CA
October 2009 Danville CA real estate market update and homes for sale in Danville CA
September 2009 Danville CA real estate market update and homes for sale in Danville CA
August 2009 Danville CA real estate market update and homes for sale in Danville CA
July 2009 Danville CA real estate market update and homes for sale in Danville CA
June 2009 Danville CA real estate market update and homes for sale in Danville CA
May 2009 Danville CA real estate market update and homes for sale in Danville CA
April 2009 Danville CA real estate market update and homes for sale in Danville CA
March 2009 Danville CA real estate market update and homes for sale in Danville CA
February 2009 Danville CA real estate market update and homes for sale in Danville CA
January 2009 Danville CA real estate market update and homes for sale in Danville CA
December 2008 Danville CA real estate market update and homes for sale in Danville CA

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.