Livermore, CA Real Estate News

By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Charts are great for showing the big picture. The median price spike for 2013 was in November, but it has now been surpassed by March of this year, with a slightly lower median in April. Still up 9% from April of last year. There is a noticeable change in December of last year. Looking just at this chart, it bears the question, what the heck happened? In reality, this spike can be attributed to a single listing for new construction that was on the market 90 days. And that high average was still only at 37 days! And in keeping with what we saw most of last year, still very low market time. Supply down, demand up. That's been the tale for much of this area. However, the trends don't emerge just looking at what happens in a single month. Notice that inventory started out low and is gradua...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
 VA Mortgage Loans in Livermore California and 100% Alameda County VA Loans - the best loan program in California! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the highlights of this incredible program: - 100% financing, no down payment required. - Monthly mortgage insurance is not tacked on to your payment. - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans. How do you know if you qualify for a VA Mortgage Loan in Livermore California? You must first verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. An approved Livermore Califo...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Livermore California and 100% financing on VA Loans - the best loan program and loan payment in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the main features of this great program: - Up to 100% financing, with no down required. - Monthly mortgage insurance is not tacked on to your payment. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs.   How do you know if you qualify for a VA Mortgage Loan in Livermore California? The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. A Livermore California V...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
April 2014 Livermore CA Real Estate Market Report May 5, 2014 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during April 2014 were down to 73 from 87 last month for single family with 28 (up from 25 last month) attached homes closing escrow. The median single family price for homes sold in Livermore CA is down to $636,000 in April 2014 vs. $639,000 last month while attached homes are down to $416,000 vs. $447,000 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of May 5, 2014 shows a total of 76 single family (up from 69 on the same date last month) and 22 attached (up from 21 last month) currently on the market. ...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Livermore median home prices had a nice increase in median price (higher than Pleasanton, but lower than Dublin). As the most affordable of the Tri Valley cities, there has been considerable demand. Also up in the median price for homes sold. In an appreciating market, the for sale prices will usually outpace the sold prices, and closed sale represent homes that came on the market approximately 20-45 days earlier. Affordability likely has something to do with this graph, as Dublin and Pleasanton have seen an increase in market time, not a decrease as this shows for Livermore. No drastic dips by any account, but drops of any kind in terms of inventory aren't welcome news to buyers working hard to find a house. Demand for a chart such as this measures what has actually been in contract an...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Short Sale Homes for Sale Livermore CA March 2014 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary At the close of Q1 2014 it is apparent that the continued rise in home prices across the Tri-Valley and San Ramon Valley real estate market areas has had a positive impact on all homeowners validating the saying that goes "a rising tide lifts all boats". Homeowners who had long been underwater on their mortgages now find themselves with equity again, thus when it is time to sell the homes become regular sales instead of a short sale. Given the far lower number of short sales in the Livermore CA real estate market we will no longer report on them on a monthly basis going forward. Short sale homes sold in Livermore CA are identified in our monthly Livermore CA Real Est...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
This favored market segment for First Time Buyers in Livermore, as well as for investors has seen healthy increase in price, but the demand has been even more noteworthy. 10% up in prices isn't as high as some market segments. But look at the 44% increase year over year in demand. Some of those fence-sitting buyers have gotten serious about their searching. And are finding more competition than they anticipated. The slow start at the first of the year is very evident in this Days on Market snapshot. But look at it take a nosedive in March.  With an AVERAGE of 12 days on market, you can presume than many are going pending in days or less than a week. With a healthier economy, some of those who purchased at the bottom, are able to leverage their equity and make a move-up purchase. And inv...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
March 2014 Livermore CA Real Estate Market Report April 5, 2014 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during March 2014 were up dramatically to 87 from 48 last month for single family with 25 (up from 10 last month) attached homes closing escrow. The median single family price for homes sold in Livermore CA is up to $639,000 vs. $595,000 in March 2014 while attached homes are up to $447,000 vs. $442,000 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of April 5, 2014 shows a total of 69 single family (up from 59 on the same date last month) and 21 attached (up from 10 last month) currently on the market. ...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Bruce Spruce Tree Downtown Livermore, CA  This is a city landmark of sorts, and really in the heart of the city. Directly across from the towering flagpole downtown, it sits at the southeast corner of Livermore Avenue.  Each corner has its attraction – Lizzie Fountain to the northwest, the Bank of Italy building, housing the town newspaper – The Independent, and the trellis Fountain, small greenbelt and flagpole to the southwest.  Throughout the year, the tree is bedecked with yellow ribbons in honor of servicemen and women in the community. Come 4th of July you’ll see the ribbons changed out from red, white and blue.  And the time of year the tree takes center stage?  Christmas for the Holiday Tree Lighting ceremony, and the Holiday Lights and Sounds Parade topped off by Santa’s arriva...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Simply Fondue2300 First StreetLivermore, CA 94550925-443-6638  If you are looking for a different dining experience, look no further than Downtown Livermore.  Upscale look, but casual atmosphere. This is the perfect place for a romantic dinner for two, or a gathering with a group of friends.  It’s a popular place, so reservations are probably a good idea, especially if you are there on a weekend.  This is a favorite spot to try something new in the adult beverage department. The bartenders are friendly, the drinks are refreshingly different and delicious. We love to try a new Martini drink when we go – truly their specialty and such an amazing selections from the Martini menu. My personal favorite is the Flirtini. But of course you can choose beer or wine, (naturally selections from the...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Spring Time Country Showing Take a look at the picture posted here, and you’ll see one of my favorite things about spring. Livermore may be a city of 80,000+ residents, but we’re surrounded by rolling hills and beautiful wine county.  Within a ten minute drive of my home, I can see Tuscan style vineyard estates, cattle or sheep on ranches, or ranch style homes on parcels devoted to growing olives. It’s a great area to hop on a bike and see nature up close and personal. If you have to work on a weekend, these surroundings make it very appealing.  The day before I had taken the same client at the east end of town, where suburbia gives way to wide open spaces. It was gorgeous out. The hundred-acre property we saw had views from every room. Temps were in the low 80s. Even though California ...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
What a difference a year makes. 49% is a significant jump. Many homeowners now have the equity to make a move. Do you? Anytime a percentage point goes up this drastically, it's worth another look. In 2013 an average of 8 days on the market was insane. So, yes it's gone up incredibly at 185% over last year. But, really....23 days average market time?  That's still a very brisk market. These arrows are moving in opposite directions from each other. For sale numbers are only different by 3 units. Demand is certainly down as reflected with a 62% change. Higher home prices may shrink the investor buyer pool a bit. Hopefully that will translate to less competition for those owner occupant buyers. So compared to last year, we have half the inventory we did. Sometimes it's the mix of home sizes...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Big jump from the same time last year (26%), but not terribly out of sync throughout the year. Remember, one very high or low priced home can sway the numbers greatly. (One at $1.9 million - a pretty hefty price tag for Livermore) 68% increase seems incredibly high unless you look at the detail. From 12 to 20 days average days on market. Oh, but wouldn't other parts of the country love to see that hit their market! Supply down? Definitely. Demand down? Not really. But if the supply is not there, a buyer can't offer and close now, can they? Agents in this area are lamenting - we need more inventory! Inventory levels are virtually unchanged since the same time last year. Not unusual. Folks who intend to sell are preparing their homes and waiting for the spring weather to set the sunny sce...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Short Sale Homes for Sale Livermore CA February 2014 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary There were a total of 2 single family and 1 attached short sale homes sold in Livermore CA in February 2014 compared to 2 single family and 0 attached the prior month. The single family short sale homes sold in Livermore CA in February 2014 waere on the market an average of 32 and 25 days respectively. As of this date there were 16 single family and 5 attached short sale homes for sale in Livermore CA pending sale after an average of 27 days and 5 days on the market respectively. On the date of this report there were 1 single family and 1 attached short sale homes for sale in Livermore CA on the market. The full report shows Livermore CA real estate trends in char...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
February 2014 Livermore CA Real Estate Market Report March 5, 2014 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during February 2014 were up to 48 from 44 last month for single family with 14 (down from 15 last month) attached homes closing escrow. The median single family price for homes sold in Livermore CA is up to $595,000 vs. $557,000 in February 2014 while attached homes are up to $442,000 vs. $380,000 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of March 5, 2014 shows a total of 59 single family (up from 44 on the same date last month) and 10 attached (down from 11 last month) currently on the market. ...
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By Dale Corpus, Realtor - San Ramon, Danville, Dublin & Pleasanton
(Dale Corpus Real Estate powered by eXp Realty)
Whether you're just visiting for the day or the weekend or you live here and one a learn more about Livermore California, here are some of my favorite picks on things to do and see in Livermore. Livermore is part of the Tri-Valley area located just east of Pleasanton at the intersection of Interstate 580 and 680. It's nestled south of Springtown and most of the city is located south of Interstate 580. Visitors, residents and guests can certainly get on local discount sites such as Groupon, Living Social and TripAdvisor to find some of the favorite and most documented things around the area but it takes someone that lives in the area to know what you really shouldn't miss. Wineries and Vineyards - no need to travel to Napa or Sonoma visit Livermore for a weekend excursion at some of our ...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
Short Sale Homes for Sale Livermore CA January 2014 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary There were a total of 2 single family and 0 attached short sale homes sold in Livermore CA in January 2014 compared to 1 single family and 4 attached the prior month. The single family short sale homes sold in Livermore CA in January 2014 was on the market an average of 19 days. As of this date there were 19 single family and 4 attached short sale homes for sale in Livermore CA pending sale after an average of 27 days and 5 days on the market respectively. On the date of this report there were 1 single family and 2 attached short sale homes for sale in Livermore CA on the market. The full report shows Livermore CA real estate trends in charts for the year to date h...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
Just a tiny change up from the same time last year, but that is probably reflective of specific homes sold, without the typical mix of inventory we might see in the spring selling season. But the trend throughout the past year was markedly up. This chart is actually in keeping with market norms. Fewer days on market during the spring and summer months, building up in the fall and winter. Supply is actually up over last year, and demand has scooted down somewhat. More inventory, and less closed sales. That would indicate a flattening off. Watching the next month will show how this plays out. Supply in this category is definitely up. In part this is due to several complexes with litigation, which as slowed sales in those communities. Lending is a little trickier and it does give pause to...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
                                  Detached home sales on the previous post showed a 21% increase in median home price. Look at the jump for attached homes - 37%! This is a good reminder about stats - comparing like properties will give you a better feel for your home type than looking at market stats for both detached and attached homes.                                 These homes are taking a little bit longer to go into contract that a year ago. This may be in part due to HOAs as buyers and their lenders have more to consider before placing their offer. And, this market segment is appealing to investors, so some of the properties may be tenant occupied with less convenient showing times for would-be buyers. Supply was flat comparing year to year numbers, although this shows a decreas...
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By Karen Crowson, Your Agent for Change
(Coldwell Banker Residential Brokerage)
  Livermore Market Report- Detached Homes – January 2014 It’s no secret. Home prices have increased dramatically from a year ago, with a 21% increase from the same time last year. This was a market driven primarily by supply and demand. Imagine how this chart would look if we looked at just the last quarter, or the last 6 months. Confirming that with real estate, it's beneficial to look at trends rather than an isolated point in time. Before thinking that homes lingered on the market in January of 2013, note that the average was just 34 days. But Janary of this year is even less, as inventory levels just have not kept pace with demand. Supply is down from the same time as last year, so it follows that sold units will also be down. Less choices for buyers, and when you break that down to...
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