Blackhawk, CA Real Estate News

By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA October 2013 Market Report November 7, 2013 Blackhawk CA Real Estate Monthly Commentary Homes sold in Blackhawk CA increased in the month of October 2013 with a total of 10 single family vs. 7 last month and 3 attached homes sold vs. 1 last month. The median price for single family homes sold in Blackhawk CA dropped to $1,022,500 in October 2013 compared to $1,065,000 last month. Remember to consider the small number of homes sold when comparing median price trends. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. $1,998,000 : 5054 BLACKHAWK DR, BLACKHAWK 4 beds, 3 full, 1 part baths Home size: 6,034 sq...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA September 2013 Market Report October 6, 2013 Blackhawk CA Real Estate Monthly Commentary Homes sold in Blackhawk CA remained the same in the month of September 2013 as the prior month with a total of 7 single family homes sold in Blackhawk CA and 1 attached homes sold. The median price for homes sold in Blackhawk CA dropped to $1,065,000 in September 2013 compared to $1,220,000 last month. Remember to consider the small number of homes sold when comparing median price trends. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. $1,348,000 : 3236 BLACKHAWK MEADOW DR, BLACKHAWK 3 beds, 2 full baths Home size:...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA August 2013 Market Report September 6, 2013 Blackhawk CA Real Estate Monthly Commentary Homes sold in Blackhawk CA decreased in the month of August 2013 with a total of 7 single family homes sold in Blackhawk CA and 1 attached homes sold in August 2013 compared to 10 and 0 respectively for the prior month. The median price for homes sold in Blackhawk CA dropped to $1,220,000 in August 2013 compared to $1,315,000 last month. Remember to consider the small number of homes sold when comparing median price trends. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. $1,019,000 : 4331 QUAIL RUN LN, BLACKHAWK 3 b...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA July 2013 Market Report August 6, 2013 Blackhawk CA Real Estate Monthly Commentary Homes sold in Blackhawk CA increased in the month of July 2013 with a total of 10 single family homes sold in Blackhawk CA and 0 attached homes sold in July 2013 compared to 8 and 0 respectively for the prior month. The median price for homes sold in Blackhawk CA dropped to $1,315,000 in July 2013 compared to $1,672,500 last month. Remember to consider the small number of homes sold when comparing median price trends. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. $699,900 : 387 S Eagle Nest Ln, BLACKHAWK 3 beds, 2 full...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA June 2013 Market Report July 6, 2013 Blackhawk CA Real Estate Monthly Commentary A total of 8 single family homes sold in Blackhawk CA and 0 attached homes sold in June 2013 compared to 11 and 2 respectively for the prior month. The median price for homes sold in Blackhawk CA rose to $1,672,500 in June 2013 compared to $1,598,000 last month. Remember to consider the small number of homes sold when comparing median price trends. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. Showing property 1 of 29. See more Call Vickie Nagy (925) 407-7987 for more info. (all data current as of 6/29/2013) $5,250,000 :...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Remember Those Who Made The Ultimate Sacrifice For Our Great Nation   Economic News...For housing was oozing with positive data! Despite the constrained inventory of available homes both the Existing Home Sales and New Home Sales reports showed strong results. Durable Goods Orders beat estimates and Weekly Jobless Claims bounced back from last week’s disappointing report. Mortgage Markets...Mortgage rates continue to march higher during May. Mortgage Backed Securities are currently underperforming the Treasury market. The 10 Year Note is currently trading at 2.013% which is up from last week’s closing yield of 1.956%. Next Week’s Market Moving Reports...Tuesday: Case-Shiller Home Price Index, Consumer Confidence Thursday: Jobless Claims, Gross Domestic Product Friday: Consumer Sentiment...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA April 2013 Market Report May 6, 2013 Blackhawk CA Real Estate Quarterly Review Homes sold in Blackhawk CA in first quarter of 2013 totaled 23 units which was up from 22 in Q1 of 2012. The median price for single family homes sold in Blackhawk CA was $1,195,000 in Q1 2013 which was an increase of 19.5% compared to the median price in Q1 2012. The single family homes sold in Blackhawk CA in Q1 2013 were on the market for an average of 54 days compared to 102 days in Q1 2012. Attached homes sold in Blackhawk CA totaled 2 units up from 0 units in Q1 2012 with the attached median price being $540,000 in Q1 2013. Attached homes sold in Blackhawk CA were on the market an average of 9 days in Q1 2013. Click here to receive ongoing monthly market snapshots for Blackha...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA March 2013 Market Report April 6, 2013 Blackhawk CA Real Estate Monthly Commentary Seasonal demand for Blackhawk CA real estate rose comparably to surrounding towns and neighborhoods leading to an increased number of homes sold in Blackhawk CA in March 2013.  A total of 13 single family homes sold in Blackhawk CA and no attached homes sold in March 2013 compared to 4 and 1 respectively for the prior month. Available inventory of homes for sale in Blackhawk CA increased slightly with 23 single family and 1 attached home currently on the market compared to 20 and 1 respectively for the same date last month. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate As part of a gated community, homes for sale in Blackhawk CA feature 24-hou...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Well the first quarter of 2013 is over so it is time to take a look at how the real estate market in Blackhawk Country Club performed versus the same period a year ago. The market is very active right now but that does not reveal itself in the number of homes sold (24 last year compared to 25 this year). Inventory levels have been on the decline all over the Bay Area which has prices increasing as well as a reduction in the number of days it takes to get a home into escrow. In 2013 the average days on market was 57 versus 97 in 2012. It is certainly a move in the right direction when you compare it to the first quarter of 2011 when the average days on market was 123! We are seeing a bit of an increase in the median price as well. I would estimate that the 2013 median price in the 2nd qu...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Economic News...We had a fair amount of housing data for the week. The Case-Shiller Home Price Index continued to move sharply higher. New Home Sales for February, while slightly less than expected, followed a very strong January. Pending Homes Sales were mostly flat as increasing portions of the country are experiencing inventory issues. This is good news for housing overall as more regions come to the party California started over a year ago. Interesting news on the consumer front: Consumer Confidence tumbled which was mostly attributed to increased payroll taxes and higher fuel prices while Consumer Sentiment increased to one of the highest points of the recovery??? FHA PREMIUMS TO RISE APRIL 1ST. This is not an April Fools joke! The increase is .1% and is the third such rise in the...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Economic News...The stock market continues to roll on with the Dow Jones making new highs (four in a row this week). While the growth of equities is good news for the consumer and market in general, it traditionally comes at a cost to the debt markets. This morning’s Employment Situation report was “icing on the cake” for traders and has sent mortgage rates higher. Weekly Jobless Claims also continued to move lower and once again beat estimates. There was an interesting article in last week’s New York Times which highlights the value of excellent communication and customer service. “About a third of customers are willing to pay more for a mortgage that comes with superior customer service and less stress”. I would like to see a similar survey on the listing of homes. Just last week I wa...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA February 2013 Market Report March 7, 2013 Blackhawk CA Real Estate Monthly Commentary As an exclusive area with higher than average median home prices, homes for sale in Blackhawk CA have been fairly steady throughout 2012 and 2013 is continuing in the same vein. On average there were 27 single family homes for sale at any given time in 2012 and on March 7, 2013 there are 20 on the market (up from 18 last month). Similarly homes sold in Blackhawk CA average 5 a month in 2012 and in February 2013 4 single family homes sold (same as last month). The average median home sold price in 2012 was $1,202,333 and in February 2013 the median home sold price was $1,307,000, which was up from $1,075,000 last month. Click here to receive ongoing monthly market snapshots f...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA January 2013 Market Report February 6, 2013 Blackhawk CA Real Estate Monthly Commentary On average there were 27 single family homes for sale at any given time in 2012 and on February 6, 2013 there are 18 on the market. As an exclusive area with higher than average median home prices, homes for sale in Blackhawk CA have been fairly steady throughout 2012 and 2013 is continuing in the same vein.  Similarly homes sold in Blackhawk CA average 5 a month in 2012 and in January 2013 4 single family homes sold. The average median home sold price in 2012 was $1,202,333 and in January 2013 the median home sold price was $1,075,000. Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate As part of a gated community, homes for sale in Blackhawk...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Mortgage and Market Update Economic News...Existing Home Sales were reported lower than anticipated. While typically this could be seen as a negative a closer look reveals that the lack of inventory of homes for sale is to blame. So, on the positive side is a simple story of supply and demand where lack of supply (coupled with greater demand) will drive prices higher. This was also evident in the New Home Sales numbers. Weekly Jobless Claims were much better than expected for the second week in a row. Keep an eye out on jobless number revisions as three states, including California, did not report their totals leading to the utilization of estimates in the report. There is certainly a lot of economic news on tap next week which could continue the upward pressure on mortgage rates.Mortga...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Mortgage and Market Update Economic News...There was hardly any data released this week. Jobless Claims moved up slightly to 371,000. The biggest news was the release by the Consumer Financial Protection Bureau of the rules regarding “Ability to Repay & Qualified Mortgage Standards Under the Truth in Lending Act”. If you think the title is long the actual document is over 800 pages. Thus far there does not seem to be too much consternation from the industry and the rules do not go into full effect until January 10th 2014. Mortgage Markets...The debt markets have settled down a bit after losing a lot of ground to begin 2013. While mortgage rates improved earlier in the week they are currently under a bit of pressure. The 10 Year Note is currently trading at 1.877% versus last week’s clos...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Homes For Sale Blackhawk CA December 2012 Market Report January 1, 2013 As part of a gated community, homes for sale in Blackhawk CA feature 24-hour security, a greenbelt, and lush landscaping. Homes in Blackhawk are conveniently located near Blackhawk Plaza, Safeway, CVS Pharmacy and dining. Families with children will be pleased to know that this development is located in the highly regarded San Ramon Valley Unified School District. Homes For Sale in Blackhawk CA Currently on the Market* The newest listing of homes for sale Blackhawk CA, is displayed below. Showing property 1 of 19. See more Call Vickie Nagy (925) 407-7987 for more info. (all data current as of 1/1/2013) $1,500,000 : 45 BLACKHILLS PL, BLACKHAWK 5 beds, 4 full, 1 part baths Home size: 3,833 sq ft Lot size: 27,878 sqft ...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Mortgage and Market Update Economic News...for the week trended to the positive. Continued good news in the housing sector dominated the reports. In 2012 we were able to see mortgage rates remain low as well as experience a rebound in our local housing markets. Low inventory, multiple offers and increasing prices were certainly welcome indicators to a sector continuing its recovery. HAVE A SAFE & HAPPY LAST FEW DAYS OF 2012 AND BEST OF LUCK IN 2013!!!...   Mortgage Markets...Were pretty quiet in this holiday shortened week but with the fiscal cliff talks set to heat up there may be some volatility next week. The 10 Year Note is currently trading at 1.716% which is slightly lower than last week’s closing yield of 1.761%.Next Week’s Market Moving Reports...Wednesday: Motor Vehicle Sales, ...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Mortgage and Market Update Economic News:  The major news of the week was the forward guidance issued by the FED regarding interest rates. The “exceptionally low” interest rate philosophy seemed to change from a specific timeframe to one that is tied to the employment picture. A target of 6.5% unemployment or below would be the benchmark. Operation Twist is also coming to an end but will be replaced by a similar program. Loan demand for home purchases reached a 2012 high for the third week in a row. Who says the purchase market cools off in the Winter months??? Now for a look at how the California Housing Market did over the past year. Per DataQuick...Home sales were up 14.7%, the median price paid rose 19.3% and foreclosure sales in October were down 32.9%. Pretty good news for the rea...
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By Doug Anderson, Bay Area Real Estate Views
(Tucker Associates Real Estate Services)
Mortgage and Market Update Economic News: Another week of mixed data that trended more toward the positive than negative. The ISM Manufacturing Index was a little disappointing as it fell to 49.5. A reading greater than 50 marks expansion. Construction Spending results offset the weaker manufacturing numbers by continuing to rise and is up 9.6% versus this time last year. October Factory Orders handily beat estimates by rising .8%. On the employment front we saw Weekly Jobless Claims decline and the unemployment rate decrease to 7.7%. There was some concern with the decreased rate being tied to a shrinking labor participation rate. Lastly, Consumer Sentiment experienced a sharp decline which was attributed to the lack of progress  between the White House and Congress on resolving the “f...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Who would have guessed we would be working in some of the nicest neighborhoods with the FHA 203k loan program? Certainly not me. This is a home the first time we saw it... a licensed contractor was workoing on it and this is the result... when the home owner said "why is there  a post in front of my window the contractor suggested it had to be there and it would be  a great place to hang her photos....  This is outrageous that an architect drew the plans and allowed this licensed contractor to build it this way.  This was not originally a 203k and these guys are in the wrong business in my opinion. I wonder how many times they have used this design? BTW they took 3 years to get it to this point...  We got involved and brought in a new contractor, a real contractor, and they are currentl...
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Blackhawk, CA Real Estate Professionals