Pleasant Hill, CA Real Estate News

By Jayne Combs NMLS#222444, Sr. Mortgage Consultant
(Preferred Rate Partnered with American Pacific Mortgage #1850)
  We are very excited to announce that on the next Agent Mastermind Class, special guest Michael J. Maher, author of the book “The Seven Levels of Communication: Go From Relationships to Referrals,” will be our presenter! Michael is also known as North America’s Most Referred Real Estate Professional. This class is a must see so be sure to reserve your seat now. I had the pleasure of sitting in one of his live seminars and I have read his book.  He practices what he preaches!   I am not a reader and his book kept me intrigued enough to read it twice.  Now is your chance to attend a two-part series for free!!!!   In this special class, Michael is going to share: 3 critical business cycles you have to know Crushing the 7 myths of referral generation The one and only goal that can change y...
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By Valerie Crowell, Broker Associate
(Keller Williams)
Pleasant Hill is surpassing all Bay Area cities with the growth it is seeing within the real estate market. The $300,000 price tag for a Pleasant Hill home is a thing of the past. The median sale price in January of 2014 was a whopping $653,000 up from $366,500 in January of 2013, that’s a  78% increase. I haven’t seen that large of a spike in years! And like many other surrounding areas, the supply has decreased over the year, from 41 in January of 2013 to 39 in January 2014, not a huge variance, considering the sale prices are likely enticing home owners to sell sell sell. We’ll see what the remainder of the year has in store for Pleasant Hill real estate but my intuition tells me that prices will continue to soar. Click Here for more updates. Pleasant Hill Community Event  The 43rd A...
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By Jayne Combs NMLS#222444, Sr. Mortgage Consultant
(Preferred Rate Partnered with American Pacific Mortgage #1850)
I watched an informational video by the National Mortgage Post (click here to see it) regarding terms that Realtor's use in their ads.  Some of these terms we have used for decades could now place you in a position for a potential lawsuit IF it offends someone.    Did you know "his or hers closets" or "master bedroom" could be offensive?  In fact, one appraiser stated they are no longer are allowed to use "master bedroom" any longer.  They now call it "main suite" or "main bedroom".    Take a second to watch the video and share your thoughts or experiences you have encountered down below.     
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By Valerie Crowell, Broker Associate
(Keller Williams)
Are you planning on selling your Pleasant Hill home in 2014? If so, you’re making a smart choice since the Real Estate market is only expected to continue to grow in the coming year! We have an increase in home sales and prices to look forward to for the New Year. Looking back at 2013 Pleasant Hill surged ahead as most Bay Area cities did. The median sale price increased 13% from $536,000 in December 2012 to $606,000 in December 2013. In addition the average days spent on the market went from 35 to 22. Overall, 2013 was a steady, healthy market for Pleasant Hill and 2014 will only get better! Click Here to get more updates on the Pleasant Hill housing market.   Pleasant Hill Community Event - January Attention Pleasant Hill parents! Fountainhead Montessori School is hosting an open hous...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Pleasant Hill California and 100% financing on VA Loans - the best loan program and loan payment in the country! 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. - No monthly mortgage insurance. - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans.   So how do you qualify for a VA Mortgage Loan in Pleasant Hill California?   The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Contra ...
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By Daniel Seider
(BTRE Big Trees Real Estate)
Market Report and Trends for Pleasant Hill CA If you are buying or selling, the knowledge you gain will help ypu put you in control of your real estate transaction when buying or selling a home in Pleasant Hill CA or where you choose. To view a full Market report for Pleasant Hill CA Real Estate Trends Click here The Median price for a home listed in Orinda is $609,975 The list price has dropped 7.92 percent from $896,000. The price per square foot is $321   Today's Market Trends for Pleasant Hill * Median Listing Price: $603,710 -0.05% Median Listing Price/Sq Ft: $321.00 0.01% Total Listings: 26 1.60% Total Listings Previous Months: April March   10 13   -0.23% 0.18% * All data pertains to single-family homes The Median Sale price is $578,980 The number of active listing is up. It has...
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By Jayne Combs NMLS#222444, Sr. Mortgage Consultant
(Preferred Rate Partnered with American Pacific Mortgage #1850)
Karen Deiss asked on her facebook page for lenders, what were some of the stupidest underwriting conditions you have ever had.  Here's what the top 24 answers were: Underwriter wanted “high school transcripts.” Underwriter would not allow escrow for scraping and painting condition on appraisal. It’s Michigan in January and underwriter was in Arizona. Underwriter wanted proof that borrower was no longer under house arrest. The 1003 showed they had a 1-year old child. Underwriter wanted LOX explaining why the child was not listed as a dependent on the previous year’s tax return. Then when the letter was written saying that the child was born after the tax return was filed, the underwriter wanted a copy of the birth certificate. Underwriter wanted the death certificate of a borrower’s husb...
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By Kevin Dwyer
(Sellstate Next Generation)
  Foreclosure Alternatives for Pleasant Hill California Homeowners- Keep Your Home California   Hey underwater Pleasant Hill, California homeowners. Have you heard about "Keep Your Home California”? It’s a 2 billion dollar State run program designed to assist low to moderate income homeowners in distress. The program is free to homeowners.   Fifty-five mortgage servicers are now participating in this program that offers mortgage assistance to help families stay in their homes. To date, more than 10,000 homeowners have either received funding or are in the process of getting financial help from Keep Your Home California.   The 55 participants include six of the largest servicing companies in the state: Bank of America, JPMorgan Chase, Wells Fargo, GMAC, CitiMortgage and EMC Mortgage.   T...
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By Kevin Dwyer
(Sellstate Next Generation)
Pleasant Hill, California Real Estate- Pleasant Hill Real Estate Market Update For December 2012 The Pleasant Hill, California Real Estate Market gained in December 2012. A total of 39 homes sold in December, seven more than in November 2012. The average sales price in Pleasant Hill increased in December, to $478,587. Homes that were sold in Pleasant Hill, California had an average listing (asking) price of $469,546. The number of days on market decreased in December to 18 days. The Pleasant Hill market has been showing signs of increasing over the last few months. The average selling price of homes in December 2011 was $363,760. Single Family Residences December 2012 November 2012 December 2011 # Sold 39 32 42 Average $ $478,587 $443,412 $363,760 Days on Market 18 23 53   Currently, th...
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By Jayne Combs NMLS#222444, Sr. Mortgage Consultant
(Preferred Rate Partnered with American Pacific Mortgage #1850)
When making a listing presentation, I’m sure you discuss the open house option with the seller. Here are 9 ideas that you can use with your listing presentation on the unique ways you would hold an open house—and how you plan to get it sold! 1. Prepare CD’s with at least 20 pictures of the home and attached a CD label with the picture of the home, the address, listing info and a “note to pass on to a friend”. 2. Hand out water bottles with the address and picture of the home on the label. 3. Invite a mortgage lender, offering free credit reports to prospects 4. Create a room-by-room feedback sheet. Attach to a clip board and ask visitors to make comments and return the sheet to you. 5. Increase the time for the open house, like from noon to 6 pm 6. Hold the open house in conjunction wit...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
While the FHA 203k loan program is a really good solution for many people seeking to repair their purchase or existing home. About one in a hundred is a major disaster. Sorry to admit that but they aren't all smooth as silk. The good thing is that if you start off with a nightmare 203k then you have 99 more to look forward to that will go very smoothly so don't' despair.We are having an issue with a client right now that had us do a write up about four months ago, we finished our work and turned it in to the lender. Yikes they agent was in the process of changing companies and failed to turn the loan in timely. After 45-60 days it was admitted that he had not performed and another lender took over the file and we retyped the paperwork with the new lender's name. Their 45-60 days came an...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
The June 2012 Pleasant Hill Real Estate Market Summary is the story of changing demographics creating new competition for Pleasant Hill homes.   Let me start with the numbers. In June, 2011 there were 93 detached homes for sale with an average Absorption Rate based on Pended sales of 32.3% (i.e. the percentage of listed homes that went into contract). In June, 2012, there were 23 detached homes for sale with an Absorption Rate based on Pended sales of 121.7%.   What?  More homes went Pending than were for sale?  How can THAT happen?  The Pleasant Hill real estate market is so hot that homes are resold immediately if the buyer cancels the transaction or their financing cannot be concluded.  The new transaction shows as a new Pending on the same listing. The changing demographics are, fra...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
We have several projects in Oakland and several new contractors we are working with that are just fabulouse so far... lol, just kidding. There are so many good contractors out there looking for work and the FHA 203k is just what their Dr. ordered. It is a way to get busy, stay busy, and actually grow their businesses in a climate that is not thought of as robust at the moment.  We have been working with some of our contractor's since the mid 1990's and it is refreshing to  see some new faces mixed in with the old ones as more contractors find the program. If you are a contractor and don't have enough work to keep you as busy as you would like to be please look into the FHA 203k loan guarantee program. It is all good, It is not a cure all but it can get you going and keep you going if yo...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Two in two days... things are heating up with regards to the FHA 203k loan proram in Pleasant Hill CA. I love this as this is where I went to high school and a couple years at the Jr. College. wonderful community and more nice people moving into the area and fixing their new homes up with the program.  I love this business where we get to see smiling faces most every day as they decide on what repairs they will make going into their new home. Yesterday it was a straight purchase then they will do a refinance into the 203k loan program as it is a room addition being their big improvement as well as a garage addition.  Today it is a home with standing water underneath. I'm sitting in front of the home waiting for the agent and borrower and from where I'm sitting I can see the home is sitt...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Selling a Home in Pleasant Hill California If you are thinking of Selling a Home in Pleasant Hill California now may be the time to act.  Pleasant Hill is a popular community in Central Contra Costa County there is easy access to most of the East Bay and BART into San Francisco.  Pleasant Hill is an upscale community offering fine parks, schools, shopping, dinning, golf and other recreational activities. Home Prices in Pleasant Hill have fallen about 8% from last year based on Price Per Square Foot as per the attached chart: However, there are a number of things to consider if you are Selling a Home.  Although prices do seem to be trending downward they spiked over the summer and it appears that they might be trending up somewhat again.  Price per SF is one indicator, and a good one, bu...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Mark your calendars for April 27th at 1 - 3 pm for another event being held by Bank of America and the Jim Black Team. Jim is very knowledgable and you can't go wrong with his team. Jim puts on a spendid presentation and he does it with class. Jim's Team has their presentations around the noon hour and feeds you some snacks or lunch at the same time. If you don't like the program, the food is good... just kidding around. This is one of the best 203k prsentations I've seen and believe me I've seen thousands of them over the years.  They must be good as they have asked me to talk about the duties of the consultant, a feasibility analysis and when to use one, and the just what we do as consultants for our fee. I must tell you that doing an FHA 203k loan with a lender that can do but the St...
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By Chris Fisher
(Your Virtual Assistant)
28 Warhol Way in Pleasant HillOffered at $385,000 Welcome to Gallery Walk Gallery Walk is a charming bedroom community located just north of Walnut Creek and east of Lafayette in the shadow of Mt. Diablo. Prestigious Gallery Walk With full on Mt. Diablo views from the front patio and unobstructed view of the open space, this is the best location in the development Two master suites with private baths 1,509 sq. ft. High ceilings Gorgeous bamboo flooring Corner fireplace in living room open to formal dining room Cook's delight kitchen with ample granite tile countertops, modern appliances, light and bright with lots of windows Full size washer, dryer and refrigerator included Large walk-in finished storage at back of large 2 car garage and separate back entry Complex features community p...
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By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
A Terrific Thursday Morning to all, Morning Economic News: Both Initial & Continuing Jobless claims are up: Leading indicators up slightly but under expectations: Philly Fed Manufacturing Survey surges past expectations. Concerns with global inflation will eventually have an impact here ( we saw food and energy costs rise recently). Be cautious.. Have a great day!
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By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
A Terrific Tuesday Morning to all, Morning Economic News: Retail Sales –Autos came in under expectations, Business Inventories Flat, NY St Manufacturing Index up slightly, NAHB Housing Market Index still down./ Import Prices Y-Y up 5.3% : Export Prices M-M up 1.2%:Import Prices M-M 1.5% Soft Retail sales have helped bonds this morning be careful.. Have a great Day
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By Paul Walton, CMPS
(Cherry Creek Mortgage Co)
A Terrific Thursday Morning to all, Morning Economic News: Both Initial and Continuing Jobless drop (weather could have an effect on initial claims), Wholesale Inventories beat expectations. The positive news will put pressure on bonds be careful! Tomorrow watch for the proposal to phase out Fannie & Freddie… Have a great day!
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