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Realty Times – Five Great Things about Homeownership

meenagujral — Thu, 03 Nov 2011 17:11:40 +0000

Realty Times – Five Great Things about Homeownership.

meenagujral — Sat, 13 Aug 2011 03:22:52 +0000

25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets

meenagujral — Sat, 13 Aug 2011 03:21:42 +0000

25516 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

meenagujral — Fri, 17 Jun 2011 04:42:58 +0000

• 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

meenagujral — Fri, 13 May 2011 16:26:42 +0000

25516 Crestfield Dr, Castro Valley, CA | Powered by Postlets.

New homes in U.S. are growing, survey finds

meenagujral — Mon, 11 Apr 2011 17:28:29 +0000

New homes in U.S. are growing, survey finds.

Foreclosures: Foreclosure activity drops sharply nationwide – latimes.com

meenagujral — Fri, 11 Mar 2011 17:45:49 +0000

Foreclosures: Foreclosure activity drops sharply nationwide – latimes.com.

Home sales in June

meenagujral — Thu, 22 Jul 2010 03:45:28 +0000

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:

Mission San Jose Fremont Blog

Fremont Homes Blog

To see virtual Tours on all my listings click on the link:

My Virtual Tours

20183 Waterford Pl, Castro Valley, CA | Powered by Postlets

meenagujral — Wed, 07 Jul 2010 19:01:11 +0000

My Listing in Castro Valley. Award winning schools

20183 Waterford Pl, Castro Valley, CA | Powered by Postlets

Castro Valley Homes for sale

HOUSING SCENE: Tired buyers often make poor mortgage choices after shopping for a home – latimes.com

meenagujral — Mon, 14 Jun 2010 17:29:42 +0000

HOUSING SCENE: Tired buyers often make poor mortgage choices after shopping for a home – latimes.com.