Foreclosures in Pleasanton are a hot topic now. It dosen’t matter if you are looking for Dublin real estate deals or short sales in Livermore, bottom line is everyone wants a deal in our area. With the surge of websites like Groupon and Living Social, Americans want a bargain, for real estate, a short sale or foreclosure sound like the way to go.
There is one slight problem when is comes to foreclosures in Pleasanton… they only make up 6% of the total available homes for sale in Pleasanton. Currently there are 126 homes in Pleasanton for sale and 7 are foreclosures. 6 of the 7 foreclosures are below $825,000 and all above $500,000. This dosen’t leave much room for a bargain hunter to find the perfect home at the perfect price, but again this may be why foreclosures in Pleasanton are a bargain.
How to prepare for Foreclosures in Pleasanton?
The best thing to do is to sign up and receive email updates on new homes for sale. You can do it through our site at http://www.moxleyteam.com/search-mls-listings/#ShowRegister
Pleasanton Neighborhoods Update – Laguna Oaks Neighborhood
The Laguna Oaks neighborhood in Pleasanton is located on Pleasanton’s west side and only minutes from I-680 and I-580. The Pleasanton neighborhood of Laguna Oaks was built in the late 1990’s by Davidon Homes. Within the Laguna Oaks neighborhood is a community pool with two tennis courts, basketball court, playground and multiple large grass areas. Homes in this neighborhood range from 3 bedrooms to 6 bedrooms with different options for bonus rooms, dens and guest rooms with homes range in size from 3,400 sq ft to 4,000 sq ft. There is also another neighborhood park that offers a basketball court, volleyball court and multiple large grass areas. The Laguna Oaks neighborhood is tucked away in a private location off Foothill Rd. and no major streets run through the neighborhood offering a private and quiet feel.
- Close location to 680 & 580
- Private location within neighborhood and w/o traffic
- Close to Pleasanton Ridge & Stoneridge Mall
- Large estates with large floor plans
Laguna Oaks floor plans can be found here – Laguna Oaks Floor plans
Recent Sales Activity in the Laguna Oaks Neighborhood
| Days On Market | Status | Address | List Price | Sold Price | SqFt | Beds | Baths | Yr Built | LotSqFt |
| 74 | Sold | 3104 DEVEREUX CT | $1,299,000.00 | $1,230,000.00 | 3853 | 5 | 3 | 1997 | 12,541 |
| 3 | Sold | 2505 Arlotta Place | $1,319,000.00 | $1,300,000.00 | 3830 | 5 | 3 | 1995 | 17,777 |
| 20 | Sold | 8037 REGENCY DR | $1,349,900.00 | $1,300,000.00 | 3182 | 4 | 3 | 1996 | 14,629 |
| 25 | Sold | 7961 PARAGON CIR | $1,329,000.00 | $1,320,000.00 | 3886 | 4 | 3 | 1996 | 15,662 |
| 6 | Sold | 2541 ARLOTTA PL | $1,369,000.00 | $1,320,000.00 | 3500 | 5 | 3 | 1995 | 15,006 |
| 23 | Sold | 3039 BRIGGS CT | $1,399,000.00 | $1,375,000.00 | 3853 | 4 | 3 | 1997 | 15,223 |
| 3 | Sold | 8319 REGENCY DR | $1,399,900.00 | $1,400,000.00 | 4106 | 6 | 3 | 1997 | 20,064 |
| 32 | Sold | 7949 PARAGON CIR | $1,499,000.00 | $1,460,000.00 | 4383 | 4 | 3 | 1995 | 20,048 |
View Laguna Oaks in a larger map
View Homes in Pleasanton Similar in Price
Showing properties
1 - 10 of 11.
See more city of Pleasanton real estate.
(all data current as of
2/8/2012)
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4 beds, 3 full baths
Home size: 4,300 sq ft
Lot size: 21,780 sq ft
Year built: 1996
Parking spots: 3
Days on market: 2
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4 beds, 3 full, 1 part baths
Home size: 4,000 sq ft
Lot size: 1,873 sq ft
Year built: 1999
Parking spots: 3
Days on market: 237
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4 beds, 4 full, 1 part baths
Home size: 3,895 sq ft
Lot size: 34,442 sq ft
Year built: 2011
Parking spots: 3
Days on market: 145
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4 beds, 4 full baths
Home size: 4,291 sq ft
Lot size: 30,927 sq ft
Year built: 2000
Parking spots: 3
Days on market: 253
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4 beds, 3 full, 1 part baths
Home size: 3,464 sq ft
Lot size: 12,682 sq ft
Year built: 2004
Parking spots: 3
Days on market: 134
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4 beds, 3 full, 1 part baths
Home size: 3,533 sq ft
Lot size: 19,429 sq ft
Year built: 2012
Parking spots: 3
Days on market: 96
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5 beds, 3 full baths
Home size: 3,291 sq ft
Lot size: 40,075 sq ft
Year built: 1979
Parking spots: 3
Days on market: 4
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3 beds, 3 full baths
Home size: 3,146 sq ft
Lot size: 20,386 sq ft
Year built: 2005
Parking spots: 3
Days on market: 21
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5 beds, 3 full baths
Home size: 4,125 sq ft
Lot size: 33,976 sq ft
Year built: 1962
Parking spots: 2
Days on market: 251
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4 beds, 2 full, 1 part baths
Home size: 3,076 sq ft
Lot size: 37,897 sq ft
Year built: 1996
Parking spots: 2
Days on market: 27
Listing information deemed reliable but not guaranteed. Read full disclaimer.
This home not only offers 3,107sf. of living space in the main home, but includes a 1,100sf. Guest House complete with kitchen, living room, dining room, bedroom, full bathroom and storage. Optional 6 car garage or workshop. The main house was built by Bas Homes and offers a bedroom on the main floor with a full bath; great for extended family. Beautiful updated kitchen with granite counter tops, hardwood floors and dinette area. The specious rear yard offers privacy with mature trees, Bocce Ball Court, private pool, and so much more!Centrally located in one of Pleasanton’s most popular neighborhoods. Walking distance to Mohr Elementary School, the Chain of Lakes and only minutes from shopping. The Mohr/Martin neighborhood offers a neighborhood feel not found in any other neighborhood in Pleasanton. CLICK HERE TO VIEW FLOOR PLAN
Welcome back to multiple offers on homes. It has been a few years since Pleasanton real estate has seen this level of multiple offer activity. Not only Pleasanton homes, but Dublin real estate, Danville homes and homes in Livermore are seeing higher levels of activity and offers.
As Realtors in Pleasanton selling homes from Livermore to Danville, we see the trends as they are happening. Our sellers are seeing higher levels of buyers looking at their homes. Our open houses are seeing increases in foot traffic and our website is even seeing higher levels of activity!
Our family has been in real estate for 4 generations and we have seen shifts in the market. From 18% interest rates (see chart below) to buyer’s markets and in some areas of Pleasanton and Dublin Ranch, now seller’s markets.
I took some time to look back over the past year at the number of homes for sale in our area.
Livermore homes- Homes For Sale in Livermore
Pleasanton Homes- Homes For Sale in Pleasanton
Danville Homes- Homes For Sale in Danville
Dublin Homes- Homes For Sale in Dublin
San Ramon Homes- Homes For Sale in San Ramon
Lets not forget that interest rates helping with the multiple offer situation. Rates are around 5%. I stole this chart for a Realtor friend of mine in San Francisco at Paragon Real Estate. Inventory is low, interest rates are low, prices are low, demand is up and now homes are receiving multiple offers. Ill add a days on market chart next week, that should be surprising data too.
So you are thinking about buying an investment property and thinking about a foreclosure in Pleasanton or a short sale in Dublin. Unfortunately every time one comes up that is a deal, you get out bid or can’t get an offer in soon enough because you are too late.
For a list of foreclosures or short sales in the Tri Valley comment below.
Here is a game plan incase you don’t have one:
1. At the least get pre-approved, even if you think it will be no problem to do so. If your offer on that short sale in Dublin Ranch does not have one, the bank won’t look at your offer, sorry.
2. Know what you are looking for. 3 bedroom minimum in Pleasanton, must have garage, close to school, no pool, single level, indoor laundry… Focus on those properties you want only.
3. If it’s a rental, know neighborhood rents and be conservative. Don’t forget HOA dues. Dublin Ranch condos are a great investment with prices below $400,000 and rents above $2,000.
4. Looking at a fixer? Don’t sweat the appliances being gone or destroyed carpets and paint. Those are easy to take care of – Visit the Sears Outlet Store in San Leandro. How is the structure? How is the roof? How are the schools? Latest on Tri Valley School scores.
5. Be realistic in pricing. $400,000 condo in Dublin Ranch rents for $2,300. If you put 20% down your payments are pretty close to even cash flow. Most investors looking for a property like this will not go much higher than $400,000, so it will be hard to get it for $350,000. Think about who else might be looking at that foreclosure in Pleasanton you have an eye on.
6. Sweeten the deal. Short sale in Dublin was just secured for our buyers because the seller wanted to stay in the home and the buyer wanted a renter. We told the seller they could stay in the home. Offer Accepted! What makes your offer different from the other 7 offers written?
7. Not everyone is hurting. Even if the economy is ‘weak’ there are a lot of people with money investing in properties and flipping homes. Right now the competition for buyers is an investor who has done their homework. Have you done your homework? If you have, you will get an A in investing and make some great money from this market.
If you would like us to help you develop a plan, email us here.
For a list of foreclosures or short sales comment below.
Remember to do your homework. Here is a post covering that idea. Is Your Home Convenient.
1 Comment |
The Moxley Team | September 15, 2008
Tagged: Bottom of Housing, bottom of housing market, Dublin Ranch Condos, Dublin Ranch Homes, dublin ranch realtor, Dublin Ranch Sales, foreclosure in pleasanton, foreclosure list pleasanton, Foreclosures in Pleasanton, foreclosures in Tri Valley, Jensen-Amador Neighborhood, Pleasanton Homes, pleasanton real estate, pleasanton realtor, short sales in Dublin, short sales in Dublin Ranch, short sales pleasanton
This is not an article about why you should buy a Pleasanton home because everyone buys for different reasons. This may be a bad time for you to buy that condo in Dublin Ranch, but it may be a great time for you to buy that Danville home. This article is what we have observed from working with Tri Valley home buyers over the years.
In 2004 and 2005 the question for many tri valley home buyers and tri valley home sellers was ‘how long will this last?’ Meaning how long will prices increase. Today the question is ‘when will the bottom hit?’ And in 2007 the question was ‘Why would anyone buy a home in this market?’ In the papers and on the television the thoughts were similar. Last year you could pick up the paper and a headline would read ‘Where is the bottom of the market.’ Today I opened the paper and the headline was ‘Housing bottom coming into view.’ Real estate is always looked at in trends of month to month sales or year to year pricing. Since we are tri valley realtors we have a good look at the ‘emotional’ trend of buyers in the Pleasanton, Dublin, Livermore, Danville and San Ramon markets. As you could probably guess the trend or question we get now is ‘When should I buy a home?’ Today we have a lot of clients who want to buy a home, they just want to time is right. From the National Association of Realtors to CNBC many economists are pointing to some point in ’09 to be the bottom and a stabilization moving forward from the end of 2008. Before you say we have a bias opinion, we also see first hand the buyers in the Pleasanton, Dublin, Livermore, Danville and San Ramon markets who are waiting for the right point to purchase. Think of it like a group of runners at a start line shoulder to shoulder holding everyone else back waiting to sprint or ‘jump’ into the market. The number of people waiting is huge and once the media is in line with what those buyers at the start line want to hear or see in the data trends, the real estate market will explode. My point is this – Don’t try to time the market, you will have a hard time doing it because every markt is different, but buy a home for the reason our grandparents did! When the time is right for you, buy and hold.
Buy smart and do your homework!
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The Moxley Team | August 27, 2008
Tagged: Bottom of Housing, bottom of housing market, CA Dublin Ranch homes, danville realtor, dublin home sales, dublin homes, Dublin Ranch Condos, Dublin Ranch Homes, dublin ranch realtor, Home buying tips Pleasanton, Livermore Homes, livermore realtor, Pleasanton home, Pleasanton Homes, pleasanton real estate, pleasanton realtor, plesanton real estate, san ramon realtor, tri valley condos, Tri Valley Home
©2012 Bay East. ©2012 CCAR. ©2012 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 2/8/12 12:13 AM PST.