Information is power.
If you are buying a home, and you find a home you are interested in, I always suggest that you talk to the neighbors the first opportunity you get. We all know the classic "nosy neighbors" who make it their business to know everyone else's business. Gladys Kravitz on Bewitched and any of the characters on Desperate Housewives are prime examples. While these people can be very annoying to live near, they can be your best source of information when you are evaluating a neighborhood. You see, neighbors have information, insights, and knowledge that comes from actually living in the neighborhood. They know far more about traffic patterns, kids in the neighborhood, what the residents are like, crime, nuisances, pending changes or developments that might impact the neighborhood, barking dogs, and other factors you might not consider. Go to my blog at http://www.The680Blog.com to read the rest of this post.
If you have been following the Pleasanton real estate market these past few months, you know that bears are not the only animals in hibernation. Home buyers have been hibernating as well, forced into hiding by a seemingly unending wave of bad news about the national real estate market. Oh sure, buyers made occasional inquiries and even wondered into an open house or two, but for the most part they have been content to sit on the sidelines and see where things go.
Well, it looks like the hibernation might be ending. Home buyers are starting to venture out. Traffic is up at open houses, and more and more buyers are starting to explore some of the opportunities in the market. Go to my blog at www.680Homes.com to read the rest of this post.
The Pleasanton CA real estate market continued on a slow and steady trend in January, as rainy weather and the dark clouds of bad news on real estate and the economy dampened most buyer's moods. Fears of a recession and dismal national real estate news were instrumental in prompting the Federal Reserve to again lower short term interest rates by 3/4%, which is certainly good news for mortgage rates in the short term. And the impending stimulus plan being proposed in congress, but not yet signed into law, brought even more hope that the bottom of the cycle is near. Perhaps most significantly, the much discussed increase in the FNMA loan limits, which are currently stuck at a laughable $417,000, seemed to pick up steam, with speculation that an increase into the low $700,000's for the Bay Area was being considered. Go to my blog at www.680Homes.com to read the rest of this post.
Doug Buenz, Alain Pinel Realtors. (925) 463-2000 680Homes.com
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