Tri Valley Home Sales for January

The Tri Valley home sales for the month of January were a bit off, but remember sellers are gearing up and placing homes on the market for the spring, bringing up the available number of homes and sold homes for January were signed contracts from November and December which is normally a slower selling time. This throws off months supply slightly.

View Tri Valley homes sales below by clicking link:
Pleasanton Home Sales
Dublin Home Sales
Livermore Home Sales
San Ramon Home Sales
Danville Home Sales

New Lowes in Dublin, CA – Now Open

The New Lowes in Dublin, CA across from the Dublin Ranch Condos of the Villas is now open for business. Actually Lowe’s opened its new 117,000 sf. store in Dublin on the 14th. This Lowes in Dublin will also include a garden area in addition to the over 40,000 items in the store. So how much does it cost to build a store like the new Lowes in Dublin, CA? Well, according to a press release by Lowe’s, the company said it invested $18.5 million in building the store and expects to employ up to 175 people.

A Freeze on Interest Rates for Subprime Borrowers

Major financial institutions and the Bush Admin. are looking into a plan to freeze interest rates for some Subprime borrowers. They are coming close to working out a plan that would on an individual basis look at borrowers and their ability to pay once interest rates reset. The details on how this will work is still up in the air, but it may be a fix or as CNBC says maybe just a band-aid. Below is an interview with Angelo Mozilo, Countrywide Financial chairman/CEO where they talk about such a plan.

http://www.cnbc.com/id/15840232?video=602801604

Dublin Ranch Update- New Developments

Dublin Ranch has see many changes over the years. From the Villages condo development to the Dublin Ranch Golf Course. Most developments are great to see and use, and others still just promises. Set to be open by Christmas, Lowe’s and the Grafton Station will retail will bring a new and exciting addition to Dublin Ranch. Below is a video taken today of the progress on the Lowe’s center.

Dublin Ranch will also see the addition of one more park. Located at the corner of Chancery and Finnian. See video below and sketch. Click sketch for larger image.