The Pleasanton housing cap voted in 12 years ago set a cap of 29,000 housing units. Pleasanton’s housing cap still needs a bit of tweaking. On Nov. 4th you can decide exactly what a house is. Pleasanton is about 3,000 housing units away from the 29,000 voter approved cap and based on the Nov. 4th results, Pleasanton voters will essentially decide how many ‘homes’ will be built in the future to meet the voter approved housing cap in Pleasanton.
What is a house?
Pleasanton Measure QQ and Measure PP will let you define what a home is.
Pleasanton Measure PP
A housing unit will be defined as a unit with a kitchen sink, cooking device and fridge the unit would also have a bathroom with toilet and shower or tub.
Measure PP also states the Pleasanton City Council must uphold the housing cap and must not be allowed to grant waivers to allow housing units that meet this definition.
Pleasanton Measure QQ
Supported by 3 of the 5 City Council members. Pleasanton Measure QQ defines a housing unit as a single family home, condominium, town home, half a duplex/duet, one mobile home and one apartment unit. Also, second units (in-law), rooms in extended stay hotels and units in assisted living facilities would NOT count towards the cap.
The Promenade at Dublin Ranch has been one of the most anticipated developments in Dublin Ranch. Club Sport has been in talks with the Promenade at Dublin Ranch developers for some time. Last August a preliminary plan was presented to the planning commission of Dublin.
Plans call for 3 buildings at the South East corner near the Terraces (1 of 6 phases).
Building 1 – A ‘Main Street’ building at the entrance will house the fitness center with a group exercise room, pool, spa, spa treatment rooms, aerobics room, lockers, cafe and offices. They expect to employ 85 people with 35 working at a given time.
Building 2 – 3 Stories with a restaurant and offices.
Building 3 – 4 tier parking structure to the North
This aspect of the Promenade is not yet approved because of the use permits. This section of the Promenade is part of the overal 230,000 total square feet of the Dublin Ranch Main Street, The Promenade at Dublin Ranch. The Promenade will have dining, entertainment and office space located within the Villages at Dublin Ranch community.
What will 2025 look like for residents of Pleasanton? For one, probably no more new housing built as we approach the voter approver 29,000 Pleasanton Housing Cap. Side note, if you want to develop some land into housing, you might want to do it sooner than later since there are only a few thousand units left before the Pleasanton housing cap it met.
The City Council and Planning Commission have revised the general plan after 5 years of meetings and planning.
To view the updated plan visit www.pleasantongeneralplan.org or pick up a hard copy at the Planning department at 200 Bernal Ave.
This is your opportunity to review the Pleasanton General Plan and make your voice heard to the Council at the upcoming meetings. With issues like the Oak Grove in Pleasanton it is important to make sure the city leaders are heading down the right path.
Biggest thing I see is a home buyer who thinks they know what they are doing, even if you have bought a dozen homes, you are probably not in the ‘market’ every day. It would be similar to getting on a medical site or a ‘how to carpenter’ site, the problem here is I am not trained as a doctor or a carpenter. I may have built a deck or repaired a sink, but sometimes projects get a bit too complicated. Look to an expert for help.
Number one – Look to an Expert
An experienced agent handles many transactions in many different ways, there is little an experienced agent hasn’t heard or experienced. If you have something on your mind or something you want to hide, ask it and tell it. Your agent will probably have a better plan or better way to help because they have seen it before. No two transactions are the same, but an experienced agent has the knowledge of previous transactions to help you in yours.
Two – Changing Your Credit
Lenders lend money based on credit scores, income and the ratio it provides. Ratios are key. For sake of easy math let’s use a word problem to explain, if you make $100,000 a year and have expenses of 35,000 you have a debt to income ratio of 35%. If you add on a debt (car purchase) before obtaining a loan you could exceed the maxim amount of debt to income a lender will allow. The moral of the story is, don’t make large purchases on credit prior to obtaining a loan.
Three – Buying a House You Shouldn’t Have
When you hire an expert agent you will most likely go over your wants and needs in a home. By doing so you will narrow down your search and ultimately purchase of a home that matches your needs and desires. Do you need 2 bathrooms or 5? If you have 1 child probably 2 will be fine. If you have a family of 8, you might need a few extra bathrooms. Make sure the home you purchase matches your finances first, your needs second and your emotions last.
Did you hear the news! Congress OK’s a Rescue Plan. We will not feel the effect of the plan on Pleasanton Home Values, Dublin Home Values, Danville Home Values, San Ramon Home Values and Livermore Home Values for some time. So… here is what we do know, the the stats from the home sales in the Tri Valley are below.
The Dublin Unified School District is placing Measure L on the ballot in November for Dublin residents to vote on a $96 parcel tax (seniors citizens and disabled persons can elect to not to be a part of the tax). Measure L is intended to…
“To support high academic achievement in math, science, reading, writing, and technology; attract and retain highly qualified teachers; maintain small class sizes; and provide ongoing teacher training, shall the Dublin Unified School District levy $96 dollars per parcel annually for five (5) years with an exemption for seniors and disabled persons, an independent citizens’ oversight committee, no money for administrator salaries and all dollars staying in our community to maintain a high quality education.” DUSD.
This is a hot topic – See the Around Dublin Blog post from Sept. 28th. Measure L Parcel Tax.
Many home owners are concerned over how Measure L will affect their home values.
Moxley Team serves Pleasanton Home Buyers and Pleasanton Home Sellers. From Dublin Ranch Condos to Dublin Ranch Luxury Homes the Moxley Team of Alain Pinel in Pleasanton provides Home Buying Tools and Home Selling Tips. MoxleyTeam.com provides info from Pleasanton Home Sales to Dublin Ranch Developments, Dublin Ranch News and Foreclosures in Pleasanton and Short Sales in Dublin Ranch.
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