Update: Save Pleasanton’s Hills & Housing Cap Initiative
At the Pleasanton City Council meeting on July 15 @ 7:00 the council will meet to discuss adopting two resolutions.
More than 5,000 Pleasanton residents signed a petition asking the Pleasanton City Council to place an initiative on the ballot which would limit development on Pleasanton hillsides. Some of what is asked for is.
- Limiting development on hillsides with grades greater than 25% within 100 feet of a ridgeline
- Stricter definition of ‘housing unit’ increasing the current number of residential units in Pleasanton
Supporters are looking for an ordinance that would stop developments like Oak Grove in Pleasanton which is a 51 lot custom home development on 496 acres in the southeast hills of Pleasanton.
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20 Years of Dublin, Livermore and Pleasanton Home Sales Numbers
Median Prices of Homes in Pleasanton have obviously increased from 1988. As well as Dublin Home sales and Livermore prices.
Here are some numbers for Median Prices of Single Family Homes…
1988 Pleasanton Home in January was $189,000 (interest rate 10.38)
1991 Livermore Home in January was $200,000 (interest rate 9.64)
1999 Dublin Home in September was $320,000 (interest rate 7.82)
FAST FORWARD… May of 2008
Pleasanton Home $1,044,570
Livermore Home $518,469
Dublin Home $640,717
Here is a full report of Median Prices of Pleasanton, Dublin and Livermore Homes
Pleasanton Median Price History
Livermore Median Price History
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Tri Valley Home Sales for July ’08
Pleasanton Home Sales, San Ramon Home Sales, Dublin Home Sales, Danville Home Sales and Livermore Home Sales for June all saw an increase in sales as well as a decrease in Days on Market! Good news for Tri Valley Home owners.
Past months sales
Tri Valley Home Sales
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Stats on Foreclosures and Short Sales East Bay
If you want a Short Sale in Dublin, we can find 40. If you want a Foreclosure in Pleasanton we can find 11. If you want a Foreclosure in Blackhawk, we can find 2, sorry. Good luck finding these types of homes in Orinda, Alamo or Diablo, they are near impossible. Flip side, if you want a foreclosure in Antioch, 47% of homes for sale are your choice. So why the drastic change in numbers? Read my post Is Your Home Convenient for some answers.
View the chart below for some more stats on Short Sales and Foreclosures in Pleasanton, Dublin, Livermore and the Tri Valley.
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Buying Short Sales in Dublin or Foreclosures in Pleasanton
Buying a Short Sale in Dublin or a Foreclosure in Pleasanton is a lot easier than you think, but buying a Short Sale in Dublin or a Foreclosure in Pleasanton is not as easy as you think?? What, I’m confused too. While many people see buying foreclosures here in our area the thing to do, there are good and bad items to consider when buying a Short Sale in Dublin or a Foreclosure in Pleasanton
Allow me to explain…
Why Buying a Foreclosure in Pleasanton is Easy
- Clean Title (bank paid everything off)
- Good Prices (banks dont like holding homes)
- Easy to See (nobody lives there)
Why Buying a Foreclosure in Pleasanton is Hard
- Need Work (not all, but be prepared) Example 1687 East Gate Way
- Multiple Offers (remember, prices are good)
- No Disclosure (bank doesn’t know what went on in the home)
Why Buying a Short Sale in Dublin is Easy
- Motivation (time frame is short before it goes to foreclosure)
- Pricing (Seller needs to sell before bank steps in)
- Condition is Better (Generally, the sellers are taking care of the home)
Why Buying a Short Sale in Dublin is Hard
- Sloooow Response Time (could be a 3 months plus to get lender approval)
- Multiple Offers (Again motivation sets pricing)
- Foreclosure Hits (if it takes too long, the bank could foreclose while in contract)
Overall, if you know what you are doing then buying a Foreclosure in Pleasanton or Dublin can be a great opportunity. A Short Sale in Dublin could be a great bargain.
If you would like a list of Foreclosures in the Tri Valley or Short Sales here too, comment on this post.
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View Pleasanton Homes in Google Street View and Search with ease
Buying a Pleasanton home or tri valley home? Or maybe you heard about Pleasanton and live in Chicago. What would help you out while buying a Pleasanton home? Maybe a view of the Pleasanton home beyond just a simple website for a Pleasanton Home. The link below is to a street view of a home we have for sale 2516 Raven Rd in Pleasanton.
Having all the information you need on a Pleasanton home when you are 300 or 3,000 miles away is very important. This is why we at the Moxley Team are always improving the ability for across town or across the world for buyers to get the information they need. All home on our site will soon have Google Street Views!
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New Home in Pleasanton – Mohr Estates Pleasanton
Where else can you find a Pleasanton home like this? With an acre of land, this home has room to roam. It’s like being in a different part of the state with mature landscaping, quiet streets, large lots and a large home with almost 3,300 square feet.
For more information click here 3623 Cameron Ave.
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Promenade in Dublin Ranch and future Dublin Ranch Developments
Video is a bit rough, but this is a shot of where the Dublin Ranch Grafton Station will be. Ill have higher quality videos soon so be sure to check back soon.
If you are like most Dublin Ranch Condo or Dublin Ranch Home owners you can’t wait for the Promenade in Dublin to break ground. Even if you are a Tri Valley Home buyer you need to look into all the future developments coming to Dublin Ranch. The Promenade in Dublin Ranch will (as stated on the Dublin city website) offer 230,000 square feet of retail, dining, entertainment and office space within the 1,500 acre, master-planned Dublin Ranch community. The project will emphasize a pedestrian-friendly main street with beautiful architecture and charming ambiance and will draw from Tri-Valley residents, out-of-town visitors, and local employees.”
The Promenade in Dublin has been one of the top projects I have seen people searching for.
Here are some of the other projects that will be coming to Dublin Ranch in one form or another.
Grafton Station
Lowes in Dublin
Grafton Plaza
Whole Foods in Dublin
Emerald Place
Fallon Sports Park
For a detailed look at the above Dublin Ranch developments comment below and I will email you a 6 page report which is mostly pictures on these developments.
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Pros and Cons of Homeownership
If you follow the stock market then you may have seen that there was an upgrade in the home improvement sector. Not bad news… but is that a sign of the bottom or the bottom approaching? We cant answer that, but it’s good to see that the home improvement sector is improving. Which brings me to another point of why buy a house and the pros and cons of homeownership.
Lets go over the Pros and Cons of the current market and what we can learn.
Pros:
Interest rates – historically low
Supply – you can take your time and choose the best available
Prices – Lower than 3 years ago
Sellers – Some will negotiate till it hurts (not all)
Population – More people live here = more people need a home than 10 years ago
Land – Less available land than 10 years ago and more land being given to the state, county, and cities = higher long term demand
Opportunity – Like stocks, buy low sell high
Appreciation – Average price of a home in Pleasanton in 1990 was $283,600, today over $1,000,000 – Check this chart Tri Valley Homes Chart
Ask your CPA – Tax write off, capital gain exclusion, deductions…
Cons:
Timing – Is it the bottom?
You tell me the other cons to buying a home
What did we learn:
Obviously there are more pros to buying a home, and if you are overly concerned with timing then the following probably does not apply to why you would buy a home. Remember the reasons to buy a home are: pride of homeownership, a place to truly call home for yourself and family, tax write offs and deductions, long term appreciation… See the pros again.
Here are some recourses to help get a little educated. USE THEM!! You will thank us later.
Podcasts – audio info
RSS Link – get info emailed to you automatically on the market
Technology Sells – For Generation X and Y
Younger home buyers from Generations X and Y, born after 1965, grew up with technology and want high tech built into their homes, says Gopal Ahluwalia, staff vice president for research of the National Association of Home Builders in Washington, D.C.
“In the homes of the future, it’s all going to be about technology,” Ahluwalia says.
Here are some trends in high-tech homes:
Outdoor Theaters. Mount a flat-screen TV by the barbecue. Especially in warm climates where people spend a lot of time outdoors, watching a movie under the stars can be appealing to home buyers.
Whole-house lighting controls. A house can be equipped with four (or more) lighting scenarios: entertaining, everyday living, sleep time, and away-from-home security. Gaining popularity is the ability to control a home’s lighting by touch-screen panels throughout the house, or even via the Internet.
Whole-house automation systems. The home owner can control all systems via the Internet and do everything from feed the cat to run the washer. Indeed, Ahluwalia says the house will be able to run itself: “When food supplies drop, orders will be placed automatically with a grocery via the Internet.”
Solar hot-water systems. A solar water heater that uses energy emitted by the sun has been around for decades. But prices are dropping and in many parts of the country, the systems — which lower water-heating costs — are able to quickly pay for themselves.
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