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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Should you walk away from your home if the value is below the mortgage you owe on it? There is a growing chorus of academics and advisers who suggest you should. The so-called “strategic default” is becoming more commonplace. A strategic default is one where the borrower can afford to make the …
As is normal for this time of year, both inventory and sales of single family homes fell in Danville in December. The inventory was fairly evenly split between homes priced over $1 milliion and those priced under $1 million.
Forbes magazine just released a list of the top 10 cities it says are showing the most improvement in home prices. San Francisco was rated second, just behind Minneapolis, Minn. San Diego and Los Angeles came in at numbers 6 and 7, respectively. The west, in general, was well represented, with Phoenix …
The market saw inventory of single family homes decline for the ninth consecutive month in December to 54 properties. The fact that inventory fell is not a surprise, since inventory usually falls in December. The fact that there were only 54 homes for sale is a bit of an eye opener though. …
For the second month in a row and the third time in 2009, there were more pending sales of single family homes in Dublin at the end December than there were homes for sale. Both inventory and pending sales fell during the month.
Real estate investment by Bay Area residents has increased sharply, with the Sacramento, Las Vegas, Stocton & Tracy markets being the prime targets, according to the San Jose Mercury News. Statistics show that the purchase of out of area property by Bay Area residents is up 58% from last year at this time.
The wave …
For the Pleasanton real estate market a drop in the inventory of single family homes in December is no surprise (it pretty much happens every year) but given the low inventory we already had, this decline feels bigger. The supply fell 25%, from 120 homes to 90. By comparison, the inventory fell 19% …
So you were eying that beautiful little bungalow in Shanghai or perhaps a country estate in Hangzhou. Maybe you had your eye on a rental property in Jinan. Not so fast. According to Reuters, China is moving to prevent “hot money “ from causing real estate prices from rising too fast.
want to …
While the activity in the Ruby Hill neighborhood of Pleasanton was fairy constant throughout 2009, high inventory levels continue to be the story. There is over nine months worth of inventory on the market. The 23 active listings have been on the market an average of 146 days.
Auctions are being used more by sellers for non-bank owned-properties in some cities. It’s an interesting and novel way to market a home.
With no active listings, only three homes sold in the past six months and one additional home pending sale, it has been a quiet year in the Walnut Hills and Canyon Oaks neighborhoods.
To say things have been quite in the Pheasant Ridge neighborhood of Pleasanton would be a huge understatement. There has been no sales in over six months. The last sale took place in June 2009 and there are no active listings or pending sales at this time. There were four active listings …
Yahoo Finance published a great article on things you should try to avoid buying this year. Thank god real estate did not make the list. A couple of the more interesting items:
Home telephone service
red watch movie online
film shutter island
It will probably take a while, but home landlines could become as archaic as the rotary …
Came across this site yesterday thanks to my friend Jay. It is www.Ted.com. The tagline is “Ideas worth sharing”. It is a collection of video lectures, speeches, and presentations on a wide variety of subjects by well known authorities. A quick scan includes videos on business, science, biodiversity, physics, cello, nanotechnology, …
