Roger Clark

In real estate, “Months of Inventory” is a measurement used to determine the “velocity” of the the market. The measurement is made by taking the number of homes on the market in a given month and dividing it by the number of homes that sold in that same month. This information tells us whether the market favors buyers or sellers, and how strongly it does so.

While the media may have you believe the market is terrible, because of the desirability of homes in Dublin Ranch our market is much better than one may think. Between three and four months’ inventory is considered a market that favors neither buyers nor sellers, while four or more months is considered a buyer’s market. From the above chart, you can see that our market was at its worst in January this year, and seemed to have hit bottom in July and August until the stock market slide effected buyer’s down payments in September. The fact inventory went back down so quickly after the events of September is a strong indication of good things to come.

Home prices aren’t what they used to be, but a well-priced home will sell -- even in this market! If you are thinking about putting your home on the market, don’t miss the great tips in our Special Report How to Sell Your Home in a Buyer’s Market (and Get the Best Price Faster than Anyone Else Around!). To receive your free copy, just send us an an email that includes your mailing address.

At this point, the tool that's best for finding Dublin Ranch real estate isn't in the iTunes App Store, it's a web app. As painful as it may be for us to steer you to another website, Intero Real Estate Services iPhone application is the best we've seen. Just point Safari on your iPhone or iPod touch to intero.terabitz.com/iphone. You can be standing in front of the house, type in the address and *boom!* get the asking price and see photos of the inside right there on the spot. I think the only thing that can make this better is if it incorporated GPS to see where you are and find homes around your immediate location. Maybe when Trulia revises their iPhone app (which isn't a very strong search-tool at this point), this is a change they will make.

Speaking of location-sensitive applications, yesterday Google Earth introduced an application for the iPhone and iPod touch. It's pretty nifty, and allows you to look in your neighbors' backyards from anywhere... hah. Seriously, though, in typical Google fashion it's well done and available in the iTunes app store.

Of course, the best way to keep tabs on real estate for sale in Dublin Ranch is to get free, non-spammy email updates that you can check on any computer and your iPhone. Just let us know what you're looking for (number of bedrooms, maximum price, etc.) and we'll get you set up. You can also go to our website to search for Dublin Ranch Condos and Dublin Ranch Homes for sale right now.

September '08 marked the lowest number of homes on the market in Dublin, CA of any month since last July. That's good news for any one trying to sell a home in Dublin Ranch! Additionally, the number of homes that went under contract (your real estate agent may call that status "pending") doubled from the month before. That means when data is available for the month of October, there could be even better news on the horizon. What may spoil the good news would be the sudden downturn in the financial markets this month which affected home buyers' down payments; we'll have to wait and see.



If you are looking for homes for sale in Dublin Ranch, the market still favors buyers. We're happy to help you in your home search, and you can see Dublin Ranch homes for sale here.

I’m excited to see these new cars, and to experience how quiet they actually are. I’m also excited to see and use the new navigation system with built-in Google search technology. Before the days of $4.00 gas, I really wanted a new X5 -- this new motor could be just the thing to pamper my buyers of Dublin Ranch homes!

By the way, I’ll take this opportunity to make a self-less plug: for a great experience buying or leasing a BMW, go see my friend Rich Cartledge at East Bay BMW right across the freeway, or email him here. I’ve worked with him on several occasions and appreciate his knowledge, his no-pressure style and his professionalism. Please tell him Roger Clark recommended him; you'll be glad you did!