For more info contact Meena:
Realty Times – Five Great Things about Homeownership
November 3, 2011 — meenagujral25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets
August 13, 2011 — meenagujral25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets.
Open House in Five Canyons, Castro Valley.
Open Saturday and Sunday August 13th and 14th from 1-4 PM.
The Price/Rate Trade-Off
June 17, 2011 — meenagujral• Which is better? A lower price or a higher rate?
If home prices decline by 3 percent, the monthly PITI payment of a median-priced home in California in May, would decline to $1,492 from $1,538, a savings of $46. However, if mortgages rise by 0.5 percent to 5.14 percent (the average rate for a 30-year fixed mortgage in May), the monthly payment would increase to $1,560, $68 more than the PITI for the lower-priced home.
• In the long-run, current mortgage rates can save you money
The bottom line is that minor price fluctuations have only a minor impact on the monthly payment, while even small changes in mortgage rates can make a big difference when calculating the monthly payment.
25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets
May 13, 2011 — meenagujral
New homes in U.S. are growing, survey finds
April 11, 2011 — meenagujralForeclosures: Foreclosure activity drops sharply nationwide – latimes.com
March 11, 2011 — meenagujralHome sales in June
July 22, 2010 — meenagujral
As per the Bay East Association of Realtors, Days on Market (DOM) for the Castro Valley area year-to-date is around 55. The median detached home price in Castro Valley for June was $495,000. As of the last day of June there were 131 active homes in Castro Valley. At current selling rates this means there is approximately 3 months of inventory in Castro Valley remaining.
As of July 21, 2010 there were thirteen homes in Palomares Hills listed in a price range of $399,950-1,537,000. Four homes are townhouses and Duets and nine homes are Single Family Homes.
There are ten properties currently listed in Five Canyons, Castro Valley with seven Single Family homes and three condos in the price range of $398,000-949,000.
There are 168 listings currently for sale in Castro Valley California. The price range is $116,100-$3,199,000
| Castro Valley Statistics | Active | Pending | Sold | Months Supply |
| Jun 09 | 102 | 53 | 29 | 2.1 |
| Jul 09 | 108 | 49 | 45 | 2.2 |
| Aug 09 | 100 | 52 | 44 | 2.0 |
| Sep 09 | 107 | 48 | 38 | 2.1 |
| Oct 09 | 103 | 47 | 30 | 2.1 |
| Nov 09 | 78 | 51 | 26 | .16 |
| Dec 09 | 75 | 41 | 42 | 1.6 |
| Jan 10 | 77 | 35 | 23 | 1.8 |
| Feb 10 | 95 | 41 | 26 | 2.3 |
| Mar 10 | 124 | 49 | 36 | 3.0 |
| Apr 10 | 105 | 61 | 31 | 2.3 |
| May 10 | 129 | 49 | 49 | 2.6 |
| Jun 10 | 131 | 47 | 45 | 2.5 |
As per the California Association of Realtors, first time home buyers increased for the second year due to housing affordability and the first time home buyer credit.
The tax credit was the primary reason for those buyers who may not have had enough down payment and the tax credit helped to cover the difference.
Generally speaking, distressed properties and short sales sell for a lot less than the regular properties and with such an abundance of distressed properties on the market, first time home buyers affordability increased.
I specialize in Five Canyons and Palomares Hills. If you are looking for a list of Castro Valley Homes for sale, or sell your home in Castro Valley for a flat fee and save thousands of dollars, please call Meena Gujral at 925-425-9491 or go to my website:
http://www.helpusellachievers.com
Homes sold by Meena in Castro Valley, California
To see my other Real Estate Blogs click:
To see virtual Tours on all my listings click on the link:
20183 Waterford Pl, Castro Valley, CA | Powered by Postlets
July 7, 2010 — meenagujral
My Listing in Castro Valley. Award winning schools
