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Rama Mehra Certified Pre Foreclosure Specialist

Gale Ranch vs Windemere- Movement of Price Index

RESIDENTIAL Detached

GALE RANCH MAY 09 SOLD PRICE ANALYSIS

Address Original Price Sold Price Original Price % DOM
106 ELEGANS CT $1,159,000 $805,000 69% 187
139 Maidenhair ct $549,000 $549,000 100% 24
3054 Sweetviolet Drive $1,038,679 $850,000 82% 100
3030 Sweetviolet Drive $1,002,886 $860,000 86% 32
5219 Kenilworth Way $1,083,156 $735,000 68% 94
3408 BROWNTAIL WAY $529,000 $569,000 108% 16
Totals $5,361,721 $4,368,000 81% 76

GALE RANCH JUNE SOLD PRICE ANAYLSIS

416 Maxwell Ct $828,000 $789,750 95% 78
148 Dahlia Ct $1,185,745 $960,000 81% 12
2024 Feathermint Dr $975,000 $975,000 100% 0
340 BROWER CT $689,000 $685,000 99% 5
Totals $3,677,745 $3,409,750 93% 24


WINDEMERE MAY SOLD PRICE ANALYSIS

5831 Kyler Lane $960,000 $925,000 96% 103
7038 Emerson Lane $1,099,900 $1,050,000 95% 2
506 CASELLA CT $1,149,950 $865,000 75% 144
600 Dromana ct $898,000 $750,000 84% 162
1343 KELLYBROOK $799,000 $720,000 90% 136
3095 HASTINGS WAY $960,000 $820,000 85% 63
2580 TAMWORTH LN $879,000 $830,000 94% 16
1251 Halifax Way $789,900 $670,000 85% 50
1257 Halifax Way $729,900 $580,000 79% 48
553 MONTROSE CT $689,000 $680,000 99% 15
1525 CRAIGLEE WAY $669,000 $625,000 93% 37
3590 YORK LN $949,900 $850,000 89% 45
733 BOWEN CT $843,900 $801,705 95% 6
2500 MCLAREN LN $639,900 $633,500 99% 10
1740 BLAKESLEY DR $695,000 $690,000 99% 15
Totals $12,752,350 $11,490,205 90% 57

WINDEMERE JUNE SOLD PRICE ANALYSIS

1249 ANDREAS WAY $885,000 $743,000 84% 335
7087 Emerson Lane $1,079,990 $1,059,000 98% 63
7071 Emerson Lane $1,099,990 $1,094,395 99% 30
1772 BLAKESLEY DR $714,900 $686,000 96% 66
3080 Paddington Way $777,900 $685,466 88% 34
3096 Paddington Way $793,900 $730,320 92% 52
3088 Paddington Way $747,900 $680,080 91% 50
3706 Stonehenge Way $949,000 $1,050,000 111% 47
5622 Wells Lane $955,400 $920,000 96% 33
5600 Wells Lane $975,400 $975,400 100% 7
7079 Emerson Lane $1,099,990 $1,048,969 95% 10
2378 KEATS LN $874,900 $880,000 101% 4
3658 STONEHENGE WY $823,000 $850,000 103% 8
2177 N DONOVAN WAY $629,000 $635,000 101% 3
Totals $12,406,270 $12,037,630 97% 53

For more detailed reports, email me or call Rama Mehra at 925-698-1815


What is happening in Windemere?

Let me just say it in one simple word" CRAZY"

For the last 2 weeks I have been putting offers in Windemere, scouring the MLS a hundred times a day to find new homes but to no avail. Buyers are getting frustrated because since the month of April, the market has taken a 360 degree turn. Inventory is at its lowest and demand is high, especially in the price range of 500K to under 900K. New homes communities are getting are closing out and people are making a mad dash for them.

In the resale market in Windemere, a lot of short sales and distressed properties that have pending for months, are now closing.Current inventory is getting offers over asking price.Just in the month of June, the properties closing are at an average of 99% of list price.The Bank owned homes are going into contract for over asking price.

Builders are holding very tight on prices and I can already see prices creeping up.There have been camp outs of people waiting for days outside sales offices, ready to grab the houses that are released ! If you are a seller and have been thinking of selling your home, NOW is the time. There is a heavy demand and very low inventory in the market. Please email Rama for a private consultation.

Sold Price Analysis
Class ... Type ... Area MLS # Address Original Price Sold Price Original Price % DOM
RESIDENTIAL-Jan 09
Detached
San Ramon
40363719 2732 MOET LN $599,900 $600,000 100% 10
40379461 3526 Sandalford Way $852,500 $800,000 94% 57
40380702 2317 Baker Way $699,000 $730,000 104% 42
Totals $2,151,400 $2,130,000 99% 36
RESIDENTIAL-Feb 09 40367372 3552 SANDALFORD WAY $844,900 $745,000 88% 96
40368749 569 Byer Ct. $848,900 $757,627 89% 117
40377139 3751 VINDARA LN $715,000 $721,000 101% 77
40382426 500 ANDREAS CT $854,900 $808,900 95% 44
40385294 3960 KNIGHTSBRIDGE WAY $855,000 $882,500 103% 27
40385883 3538 ALDWYCH WAY $729,000 $699,000 96% 43
40386634 3291 GLENCOE CIR $857,500 $830,000 97% 31
40389774 2318 Millenium Ln $599,950 $610,000 102% 8
Totals $6,305,150 $6,054,027 96% 55
RESIDENTIAL-March 09 40371959 2515 MCLAREN LN $648,000 $684,434 106% 62
40378115 3068 HASTINGS WAY $899,000 $880,000 98% 79
40386899 520 QUIMBY CT $793,000 $750,000 95% 29
40389768 2141 N DONOVAN WAY $589,000 $575,000 98% 17
40392055 2120 N DONOVAN WAY $609,000 $587,000 96% 20
40392160 7056 Emerson Lane $1,195,900 $1,070,000 89% 32
40392187 2872 VERNON WAY $799,000 $773,000 97% 23
40393542 1436 ALLANMERE DR $779,000 $760,000 98% 5
40397135 2367 BAKER WAY $699,500 $711,116 102% 3
Totals $7,011,400 $6,790,550 98% 30
RESIDENTIAL- April 09 40377057 615 Kyler Court $980,000 $930,000 95% 123
40379477 6876 ABERDALE CIRCLE $687,500 $632,000 92% 98
40389039 709 CLIFTON CT $664,900 $722,000 109% 6
40389704 848 BANDOL WAY $929,000 $825,000 89% 58
40390821 2239 S DONOVAN WAY $600,000 $585,000 98% 37
40391152 2358 BAKER WAY $859,000 $797,000 93% 50
40392139 5226 PEMBROKE WAY $921,900 $855,000 93% 43
40393000 238 PAIGE CT $989,000 $950,000 96% 28
40396482 7812 Kennard Lane $1,013,700 $925,000 91% 46
40396485 6183 Kearny Way $921,650 $858,650 93% 46
40396628 6865 Aberdale Circle $639,950 $620,000 97% 9
40397482 7070 Emerson Lane $1,050,000 $1,023,000 97% 12
40398297 2330 JASPER HILL DR $715,000 $718,000 100% 7
40399453 5052 HOLBORN WAY $949,000 $949,000 100% 3
40401370 5508 LONDON WAY $889,000 $880,000 99% 5
40401868 501 Wells Ct. $935,000 $925,500 99% 4
Totals $13,744,600 $13,195,150 96% 36
RESIDENTIAL- May 09 40377042 5831 Kyler Lane $960,000 $925,000 96% 103
40378753 7038 Emerson Lane $1,099,900 $1,050,000 95% 2
40380880 600 Dromana ct $898,000 $750,000 84% 162
40383667 1343 KELLYBROOK WAY $799,000 $720,000 90% 136
40383790 3095 HASTINGS WAY $960,000 $820,000 85% 63
40390462 2580 TAMWORTH LN $879,000 $830,000 94% 16
40391904 1251 Halifax Way $789,900 $670,000 85% 50
40391912 1257 Halifax Way $729,900 $580,000 79% 48
40394968 553 MONTROSE CT $689,000 $680,000 99% 15
40399433 1525 CRAIGLEE WAY $669,000 $625,000 93% 37
40399475 3590 YORK LN $949,900 $850,000 89% 45
40401117 733 BOWEN CT $843,900 $801,705 95% 6
40402086 2500 MCLAREN LN $639,900 $633,500 99% 10
40405068 1740 BLAKESLEY DR $695,000 $690,000 99% 15
Totals $11,602,400 $10,625,205 92% 50
RESIDENTIAL- June 09 40344386 1249 ANDREAS WAY $885,000 $743,000 84% 335
40390733 7087 Emerson Lane $1,079,990 $1,059,000 98% 63
40390963 7071 Emerson Lane $1,099,990 $1,094,395 99% 30
40395423 1772 BLAKESLEY DR $714,900 $686,000 96% 66
40398514 3706 Stonehenge Way $949,000 $1,050,000 111% 47
40401875 5600 Wells Lane $975,400 $975,400 100% 7
40408985 2378 KEATS LN $874,900 $880,000 101% 4
40409736 2177 N DONOVAN WAY $629,000 $635,000 101% 3
40412920 2420 MILFORD DR $2,600 $2,600 100% 1
Totals $7,210,780 $7,125,395 99% 62

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San Ramon Pending Sales report

Current activity in San Ramon is picking up tremendously. Supply is low and demand is high due to pries having come down and more buyers in the market.Here is a snapshot of the activity:

Total inventory
Detached Townhomes Condos Short sales Bank owned % short sales % Bank owned
# Active 264 188 42 33 84 19 32% 7%
# Pending 241 165 25 49 105 35 43.50% 14.50%


If you are thinking of selling your home, whether you are under water on the value of your home or not, this is the best time to look for a buyer.Just in the months of April and May, 172 properties have gone pending and only 109 properties were listed. The supply and demand squeeze has narrowed and we have moved from a Buyers market index of 16 to a Buyer market index of 20.
Weekly Market Trend Reports for San Ramon
Real-Time Housing Market Reports for San Ramon,Danville...
Year to Year HomeTrends Analysis from January 2007 to Dec 2008

For real time reports to be emailed to you on a weekly basis, please send an email to Rama

Deciding to Sell Your Home? Do read these Free reports for Sellers

Resources for San Ramon, Danville, Dublin, Livermore:
City of San Ramon Relocation Guide
City of Danville Relocation Guide
City of Dublin Relocation Guide
City of Livermore Relocation Guide
Local Area Links | Local Schools Info | Tri Valley City Links | Housing Opportunities | Child Care | Senior Services | Health and Medical Services

Diversity, Feng Shui and Vaastu

Dealing with buyers and sellers of diversity, it becomes a great learning ground for me on the orientation of the house. If a South Asian buyer does not want a South Facing home, then the Oriental buyer looks for the same ! Builders had no clue when they started construction, but very soon our buyers made them smart n these aspects and now the desirable lots have a premium ! So I thought, let me put together some interesting facts that I found.

5 Feng Shui Concepts to Help a Home Sell

To put the best face on a listing and appeal to buyers who follow feng shui principles, keep these tips in mind.

1. Pay special attention to the front door, which is considered the "mouth of chi" (chi is the "life force" of all things) and one of the most powerful aspects of the entire property. Abundance, blessings, opportunities, and good fortune enter through the front door. It's also the first impression buyers have of how well the sellers have taken care of the rest of the property. Make sure the area around the front door is swept clean, free of cobwebs and clutter. Make sure all lighting is straight and properly hung. Better yet, light the path leading up to the front door to create an inviting atmosphere.

2. Chi energy can be flushed away wherever there are drains in the home. To keep the good forces of a home in, always keep the toilet seats down and close the doors to bathrooms.

3. The master bed should be in a place of honor, power, and protection, which is farthest from and facing toward the entryway of the room. It's even better if you can place the bed diagonally in the farthest corner. Paint the room in colors that promote serenity, relaxation, and romance, such as soft tones of green, blue, and lavender.

4. The dining room symbolizes the energy and power of family togetherness. Make sure the table is clear and uncluttered during showings. Use an attractive tablecloth to enhance the look of the table while also softening sharp corners.

5. The windows are considered to be the eyes of the home. Getting the windows professionally cleaned will make the home sparkle and ensure that the view will be optimally displayed.

Source: Sell Your Home Faster With Feng Shui by Holly Ziegler (Dragon Chi Publications, 2001)



VASTU TIPS FOR REAL ESTATE PURCHASE

According to vaastu consultants, before you buy a plot /building check:
Yellow colour soil is good for business class.
Rocky, non cultivable land is not good.
Plots/buildings sold by rich people for reasons other then misfortune & poverty is good. Sale by distressed, unfortunate people should be avoided.
Rectangular plot with long north to south is better then long east to west.
Wider front gate & narrow end is not good. Narrow front with wide back is good.
A small sized plot between two bigger plots is not good.
Reject any site with well towards North or East.
If your plot is not rectangular see that at least South East and South West Corners have a 90 degrees angle.
Except in North East, if your land is elongated towards any other side it is not good.
Never buy a plot which is cut on the North East corner.
If North East corner of the plot is extended it is very good.
The plots should not be in the neighbourhood of any religious place, public places, like marriage halls, hospitals, courts, factories and burial or cremation grounds.
The South or West of the plot must be higher than North and East. If it is not, you should be able to make it so by filling and putting more earth on the same. If it is not possible you should not buy the plot.
If you are making an underground tank for water storage in your house, locate it in the North Eastern corner of your house. Muncipal water supply should also start from North East direction of the house.
Sourthern side road is not considered to be very good.
Northern side road is good.
A road on the Western side is reasonable.
Roads surrounding plots :-
A square plot surrounded by roads on all four sides is excellent. Buy it even at a higher cost.
If a road ends in your house from the North Eastern corner it is considered very good.
Roads on South is not good (can be good in some cases).
Road on North or east is good. Roads in East and North is good.
Road on West is ok, Roads in north and west is ok.
Land surrounded by roads on 3 sides.
Roads on East, West & North - not good, also roads on North, West & South is not good.
A road ending in the house is very bad. Never buy a plot in which road comes like a dagger provided it is not coming from North East directorion.
There should not be anything blocking your main gate (like electric and telephone pole or a tree or some other pillar), it is very bad.
A stream of filthy water in front of your house, factory or office is a clear loss of wealth. Even stationary dirty water is bad.
Do not use any material from an old building in a new building.
Circular, oval, triangular plots are not good.
Gate of the plot on the North, North East or the East is very good.

Did your jaw just drop open? Sure ladies and gentleman, I deal with this EVERYDAY !! SO I wanted you to have fun !!!!!!!!!!!!!
I am not only an expert in Real Estate Sales, I can also find you homes based on your personal horoscopes, and don't laugh because this is serious.

Please contact Rama Mehra for all of your Real Estate needs for San Ramon, Danville, Pleasanton and Dublin.
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Are you a Wachovia loan holder?

Yes, I love blogging but only when I have a point to make or with something substantial and I am excited today.

If your mortgage holder is Wachovia or their affiliates and you are in a hardship sitation, you have a solution now and do not ignore it.

Just got out of a meeting with Wachovia an hour ago and they amazed me at their willingness to negotiate a Short Sale.If you need to short sell your home, please do not wait another minute.If you have been served a Notice of Default or are very close to foreclosure, you can still be helped.

If you fall under the category of a Hardship, I am confident( and have been given the assurance by Wachovia) I can:

  • Directly negotiate a Short Pay transaction.
  • Arrange for a personal consultation between you and the Short Sale Manager.
  • Get you an SPO demand with "minimum net" within 48 hours of receipt of appraisal and BPO
  • Local Short Sale Manager is the point of contact for the duration of the transaction... No Black Hole!
  • Negotiate and Complete the Sale of your property.

I am convinced that Wachovia is 100% on board with trying to help their customers and I want to help too. There were some other very exciting things that I learnt today and will be sharing them with all the readers soon.But if you or a friend you know who is in a hardship/ have a loan with Wachovia and want to short sell, do not wait. Pass on the message and we will leave no stone unturned to get it done!!