Doug Buenz
Real Estate Broker
Alain Pinel Realtors
(925) 463-2000
Email me!
I am a local Real Estate Broker with Alain Pinel Realtors serving the Pleasanton and the Tri-Valley area. I am an avid watcher of the local real estate market, as well as cultural and political events. But that is what I do, not who I am... » read more
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The Prima neighborhood of Livermore has been quite active during the last six months, after a very slow start to 2009. There are five pending and six closed sales in the neighborhood, while there is only one active listing. There were only two closed sales during the first half of 2009. Homes …
The California Public Employees Retirement System lost a whopping $500 million on one transaction alone in New York City. It is the biggest deal ever in the United States for a single piece of residential property
According to the Los Angeles Times:
The owners of Stuyvesant Town and Peter Cooper Village, a complex of 56 buildings …
As with many other neighborhoods in the Tri-Valley, Canyon Crest in San Ramon saw a significant increase in activity during the past six months. While there is only one active listing, there were seven closed sales during the past six months, as well as two additional pending sales. There were only four closed …
The Federal Housing Administration (FHA) announced new rules on Wednesday that will make it harder and more expensive for first time homebuyers to get an FHA backed loan. Some potential buyers will be priced out of the market altogether.
The new rules are designed to help the agency reduce the number of foreclosures …
The real estate market in the Bollinger Hills neighborhood of San Ramon definitely picked up in the second half of 2009. There were more than twice as many sales in the second half (15 including 3 pending sales) as there were in the first half (seven).
There is only one active listing, on …
The San Ramon real estate market saw steady activity in December, with 42 closed sales of single family homes, up slightly from 40 in November. Prices ranged from $465,900 to $1,450,000, with a median price of $697,500. The median price per sq ft was $305, up from $297 in November. On average, …
The Dublin real estate market showed slower sales activity, with 20 single family home sales in December, down from 24 in November. Prices ranged from $397,650 to $800,000, with a median price of $525,000, which is down from $627,000 in November. The median price per sq ft was $270, and average days on …
The Pleasanton real estate market had a strong showing in December, with 44 closed sales, up from 39 in November. Sales prices for single family homes ranged from $321,052 to $3,500,000. The median sales price was $654,000, down from $670,000 in November. The median price per sq ft was $356, with an …
New federal regulations went into place on January 1 requiring lenders to issue new Good Faith Estimates (GFE) regarding loan fees and closing costs. The lender is now required to provide estimates on lender related charges that are the same as or nearly the same as the actual fees charged at closing. There …
Anything that goes on the market in the Tassajara Meadows neighborhood sells very quickly. The eleven homes that sold in the past six months or are pending sales were on the market for 13 days, on average.
Talk about expensive real estate. The “skinniest” house in New York City sold for $2.1 million. The house, originally built in 1873 is a mere nine and a half feet wide and 42 feet long. That’s 400 sq ft, or $5,250 per sq ft. Ouch.
According to Yahoo News,
The red brick building …
The Kottinger Ranch neighborhood of Pleasanton saw a significant increase in activity over the past six months, after a very slow start to 2009. There were four closed sales during the past six months. There are also two pending sales. That is compared to no transactions at all during the first half …
The Bent Creek Neighborhood in San Ramon was very hot in the second half of 2009. Eleven homes sold in the neighborhood during the past six months, compared to two during the first half of the year. And they sold quickly, 30 days on average. The homes sold for an average price …
Okay, lenders these days are getting absolutely ridiculous, if not down right stupid. Us REALTORS are a pretty pliable bunch, and we have learned to roll with the punches as lenders struggle to cope with new regulations and edicts from the all-knowing federal regulators, who are largely responsible for this mess in the first …
While the inventory of single family homes in Blackhawk fell in December, it remained fairly high, escpecially in light of the low sales numbers. There was over nine months of inventory in Blackhawk at the end of December.
