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Well, we may as well get it over with quickly. The latest batch of news about the housing slump is hot off the press, and it continues to have an impact on the Pleasanton and Tri-Valley real estate markets:
* Consumer Confidence dropped to its lowest level in a year
* Standard & Poors …
We are almost through the month of August, but it is already apparent that the recent turmoil in the mortgage market is having a big impact on activity in Pleasanton, Dublin, Livermore, San Ramon, Danville, and Alamo/Blackhawk. Month to date pending sales activity in the region is down sharply from July. And July …
As mortgage lenders struggle to adjust to the recent turmoil in the mortgage market, we are hearing rumors of upcoming actions that will hopefully help add stability to the secondary mortgage market (the institutionalized “bond” market where mortgage companies sell packages of loans to investors). One rumor I have heard recently is that the …
The Pleasanton CA real estate market showed a slight increase in inventory at the end of July, as well as a moderate decline in sales. However, these statistics did not reflect the impact of the turbulance in the mortgage markets, and the subsequent impact on the real estate market. Local real estate professionals, …
In case you haven’t noticed, Dublin has embarked on an aggressive campaign of growth the past few years, including several retail and mixed use projects, as well as scores of high density condominium projects.
Now Charter Properties is approaching the city of Dublin looking to build 4 high rise towers, ranging from 19 to 21 stories …
Someone put up a sign on the old Koln Hardware building on Main Street in Pleasanton announcing that Hooters would be opening soon, along with a phone number for job applicants. This immediately caused a stir on the normally quiet streets of downtown Pleasanton. The only problem was it was not true. It …
All of the well publicized mortgage troubles are not just affecting the low end of the housing market. Even the luxury market segment is experiencing disruptions and problems in the financing arena, and it is causing some major stress, hardship, and in some cases, losses.
The credit crunch now is hitting home buyers …
A writer from BankRate.com has compiled a list of 10 features that can add value to your home. Keep in mind that the writer is based in Atlanta, which could make some of her projects impractical and/or not applicable. For the sake of discussion, here is her list of 10 projects that add …
This past week saw some turmoil in the mortgage market, with stories and rumors of local and national mortgage lenders going out of business, or unable to fund (provide the funds) existing loan commitments. In other words, buyers and sellers could be days or even hours away from closing, and find out that the …