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Discovery Bay, CA Real Estate News

By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Delta Water Front Access Homes – June 2012 Market Looking for a Home on the Water? A Deep Water Dock Home? Well then you need to be Looking for Homes in Discovery Bay California. The Delta's premier Recreation Community featuring Water Front Living. At this time the East Contra Costa Real Estate Market is very hot with some absorption rates over 100%. Right now there are 24 Deep Water Dock Homes on the market priced from $230,000.00 to $1,750,000.00. (Don't get too excited about the low end one – I have had several calls on it. The property needs 150K minimum in rehab.) The average price is $912,504.00 and the median price is $799,000.00. In May 10 Deep Water Dock Homes sold from $346,500.00 to $895,000.00 with the median price of $536,950.00 and an average price of $546,970.00. April s...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Buying a Home – 10 Things to Know when Make an Offer #5 – Credits Credits are a very important consideration when Making an Offer on a Home. In our 5th post I will explain Credits to you. Number 5 – Credits. Many Home Buyers do not know what Credits are or how they are used. When Buying a Home there are different expenses both on the purchase and on the loan. A buyer can request a credit, generally a %, but sometimes a flat dollar amount on the offer. This money can be used to pay those expenses. The nice thing about Credits is it allows you to finance part of your home purchase and keep cash in your pocket. Credits work well for First Time Buyers without a lot of cash and they work or Investors trying to maximize cash flow and keep cash in their pockets. Different Lenders and Different...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Discovery Bay Homes for Sale – May 2012 Discovery Housing Supply The Discovery Bay Real Estate Market is a strong Sellers market with the Absorption rate nearing 100%. This means you have almost as many Home Sales each month as you have homes on the market at any given time. Home Sales in Pittsburg Ca Right now there are 47 Beautiful Homes for Sale in Discovery Bay, with 102 Pending Home Sales. The Pending Sales is high due to the large amount of Short Sales that take time to close if they close at all. In April 30 Homes Sold in Discovery Bay. What is a balanced Discovery Bay Real Estate Market? For a balanced Discovery Bay Housing Market we would need 4 to 6 times as many homes on the market as there are sales each month. With this many sales we should have about 120to 180 Discovery Ba...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Ugly Little Secrets about Selling a Home in Brentwood or Discovery Bay Selling a Home is tough for people and they have lots of questions. Today on a bulletin board where I sometimes answer questions a guy Selling a Home post a question on Short Sales. I didn't think much of it. I rarely get clients off the bulletin board, but I like to help people out when they are Selling a Home and it was a reasonable question about Selling a Home. One other agent in the area had responded before me and his Home Selling Information seemed reasonable too; although our responses were divergent on the issue they were not mutually exclusive. After I posted a response I thought that would be the end of the story. Then I get an e-mail that there is another response. I almost deleted it, then decided I woul...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Deep Water Dock Homes in Discovery Bay – Live Life on Vacation! Deep Water Dock Homes in Discovery Bay are about a lifestyle and that lifestyle is fun. How many of us put off doing the things we like until we it is too late to take advantage of them? How many people never get the boat out of the driveway/garage/backyard? How often do we tell the kids we will take them fishing and never do it? Why does water skiing have to be a special event? Right now Deep Water Dock Homes in Discovery Bay are a Bargain! But this market is turning. Experts say now is the time to buy! Prices are headed up and interest rates cannot stay this low. Take advantage of the market while you can to have the lifestyle you have always promised you and your family! Have the boat right out side in the water – ready ...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Homes in The Lakes in Discovery Bay – 2011 Price Trends. The Lakes Homes in Discovery Bay is an exciting Gated Community in Discovery Bay offering Luxury Homes at very reasonable prices. These homes surround two private lakes. The Lakes Homes is a new community with on going New Home construction and amenities in the works. There are a limited number of Homes in The Lakes at Discovery Bay, therefore a limited number of Home Sales. That provides for occasional fluctuations in price. Per the chart to the right and those below Homes in The Lakes at Discovery Bay have had a steady price through 2011. The Lakes Homes in Discovery Bay Provides great homes in a secure Gated Community at reasonable prices. Take a look at these great Homes for Sale at The Lakes in Discovery Bay then e-mail me or...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Buying a Deep Water Dock Home in Discovery Bay Deep Water Dock Homes are what define Discovery Bay. Although there are many fine things about Discovery Bay that are not on the water Deep Water Dock Homes are what people generally want when they move to Discovery Bay. So when is the best time to Buy a Deep Water Dock Home? Right Now! Deep Water Dock Home Sales tend to spike in the Summer when people want to be on the water. Deep Water Dock Homes are a small segment of the Discovery Bay market and and trends tend to have wide swings due to the small sampling of sales. But I completed the following chart on sales. They do spike during the summer and taper off into the fall. There was some spike this winter and that was probably due to the mild weather and low interest rates. However, it ap...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Discovery Bay Deep Water Dock Homes – January 2012 is the Time to Buy! Deep Water Dock Homes are the most popular homes in Discovery Bay and honestly it is Deep Water that makes Discovery Bay into Discovery Bay. Deep Water Dock Homes provide water front living for year around recreation including, boating, fishing, water skiing, swimming and much more. Discovery Bay provides many other amenities, including Golf Course Homes and Gated Communities. Although Discovery Bay Living offers both Vacation Homes and Year Round Living I find it odd that people prefer to buy their Deep Water Dock Home in the Summer rather than grab a bargain in the Winter and have the home ready for fun when the weather gets warmer. Although Discovery Bay Homes are eclectic in nature with a wide range of prices. Re...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Now is the Time to Buy Your Deep Water Dock Home in Discovery Bay! I am going to give you 3 Reasons Why Now is the Time to Buy: Interest Rates have not been this low in the life time of most of us.  Most of us also understand that these rates will not last and inflation may be on the way.  We have an unbelievable combination of not only Low Interest Rates but Low Prices with Homes at Prices we have not seen in over 10 years in some cases.  Rarely do you get this combination of Low Interest Rates and Low Prices. It is Raining Cats and Dogs out!  Why does it make a difference if it is raining?  Because for some reason people do not realize that owning a Deep Water Dock Home in Discovery Bay is a 365 Day a Year Experience and some how only get the urge to buy a Deep Water Dock Home when th...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
The Lakes in Discovery Bay The Lakes is an excellent gated community in Discovery Bay featuring two large man made lakes (with another coming) and a great community. The Lakes has many large executive style homes as well as entry level homes.  There is still new home construction in The Lakes in Discovery Bay.  Homes in The Lakes at Discovery Bay are very affordable for large luxurious homes.  There are community walking trails around the lakes and parks. The Lakes at Discovery Bay is truly an excellent community at a very affordable price. Take a Look at this home in The Lakes at Discovery Bay and Let Me know if you want to see any of them or other nearby communities.
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By Chris Alston, Silicon Valley, California
(Chris Alston (Keller Williams Realty, Silicon Valley, California))
Sooo...  uhhh...  I guess I can't lie about the size of this fish...  It is HUGE, right? So, as you can see...  This HUGE catfish was my prize fish of the day. Actaully, I caught about 8 fish that night and this one was in the early morning.  And was one of the smallest. I threw 'em all back, but catfish sometimes can put up a fun fight. I was fishing with 10 lb line, on a shakesphere pole, using nightcrawlers as bait with a few weights on the line to keep it on the bottom.  This part of the delta has strong currents, as it is affected by the tide. Ski Beach is located near Discovery Bay, CA. Which is South of Sacramento.  Yuuup!   -Chris Alston
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Selling a Deep Water Dock Home in Discovery Bay - What is your Curb Appeal? I show lots of Deep Water Dock Homes in Discovery Bay  most of them are on the MLS with a photo of the front of the house as the lead picture.  There is also a picture of the Deep Water Dock. Some of these pictures of the front of the home in Discovery Bay with Deep Water Docks look pretty nice - most are OK - and some are a down right turn off.   But no matter how nice that picture of the Front of your Discovery Bay Deep Water Dock Home looks you are making a big mistake!  Now 99% of the time when I look at homes on line if the lead picture is not of the front of the home or there is no picture at all this screams RED FLAG to me. However, no one Buys a Discovery Bay Deep Water Dock Home based on curb appeal - t...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Buying a Home in Discovery Bay Many people are thinking about Buying a Home in Discovery Bay - Well it is time to stop thinking about Buying a Home and actually Buy a Home. Prices are low and interest rates are low Buying a Home is as easy and affordable as it has ever been. Discovery Bay is popular with people Buying a Home for many reasons. Discovery Bay is the East Contra Costa Counties recreational community - a great place for the weekend and a great place to live full time. Discovery Bay offers affordable luxury homes in nice neighborhoods, fine parks, new schools, golf course homes, High end luxury homes, gated communities; and Best of All Homes with Deep Water Docks to help you enjoy the many exciting Delta Water Recreation Activities like Boating, Fishing, Water Skiing and Swim...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Homes for Sale at The Lakes in Discovery Bay! The Lakes in Discovery Bay is an exciting new gated community in Discovery Bay California - Contra Costa Counties leading recreational community. The Lakes in Discovery Bay is called the Lakes because basically it is a community built around two large lakes with a 3rd on the way.  Most of the Homes for Sale in the Lakes are larger executive style homes. If you are looking for a large Home for Sale at an affordable price in a very upscale community The Lakes is for you. This chart looks at trends with Homes for Sale in The Lakes in Discovery Bay with Active Homes for Sale and Homes Sold over the past year.   As you can see prices are reasonable and there is a decent amount of Homes for Sale at The Lakes in Discovery Bay.  Looking at the numbe...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Discovery Bay Deep Water Dock Homes for Sale! Deep Water Dock Homes are one of the best reasons to live in Discovery Bay.  Discovery Bay is for Boaters and what better way to live a Boating Lifestyle than with a Deep Water Dock Home in Discovery Bay. Discovery Bay is a charming and eclectic community with a wide style and size of homes.  There are many unique custom built homes.  This is great for someone looking at Discovery Bay Deep Water Dock Homes for Sale, but it also makes it hard to track home prices.  The relatively small number of sales and the wide variety of homes makes it hard to spot trends and price homes. This chart looks at Deep Water Dock Homes for Sale and tracks the history of Deep Water Dock Home Sales for the last year. There are very few Bank Owned Deep Water Dock ...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Discovery Bay Homes for Sale Discovery Bay is a dynamic East Contra Costa Community. Homes for Sale in Discovery Bay are very popular as people see the value in the community. Discovery Bay is a recreation community with the motto of "Live Where you Play." What is it people see in Discovery Bay that make them want to live here: Quality Affordable Homes for Sale! Many fine parks and community activities. Water Recreation including home with deep water docks for Boating, Fishing, Swimming and Water Skiing. Both Large Executive Style Homes and Starter Homes. Two Story and Ranch Style. Opportunities for real appreciation in Home Values. Golf Course Homes. Gated Communities. Although Homes for Sale are well priced and bargains can be found the market is tighter than many people think. There ...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Homes for Sale Discovery Bay If you are looking at Homes for Sale in Discovery Bay consider these figures. The number of Homes for Sale in Discovery Bay that sold jumped 25% in March from February. Prices were were down on a SF basis on homes sold from $133.00 to $122.00. Homes for Sale in Discovery Bay are very popular. The supply of Homes for Sale in Discovery Bay is about a 3 month supply, which is a sellers market.  So why the price drop?  Did sales go up because prices went down?  I don't think so. However, there may be other causes for the jump in sales and drop in prices. Homes for Sale in Discovery Bay are eclectic mix with Luxury Water Front Property with Deep Water Docks, gated communities, and golf course homes.  However, there are Homes For Sale in Discovery Bay that are aff...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Bank Owned Homes for Real Estate Investors – Discovery Bay Real Estate Investors love the great Investment Properties in Discovery Bay because they are well priced and demand good rents providing excellent Cap Rates and Return on Investment. Discovery Bay is the recreation community in East Contra Costa County offering great prices on fine homes with golf and water front recreation, including homes with deep water docks. However, there are many great investment grade properties available to buy and lease. The best buys on Investment Properties in Discovery Bay are Bank Owned Homes. Bank Owned Homes have now dropped less than 1/5 of the Market in Discovery Bay. However, even with Bank Owned Homes being in Short Supply, with less than two months worth of homes on the market, they are list...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Selling a Home in a Short Sale in Discovery Bay Selling a Home in a Short Sale is one of the biggest challenges in Real Estate. In Discovery Bay there are 21 Short Sale Homes on the market, which is almost a third of the homes for sale. Right now there are 67 Short Sale Homes Pending in Discovery Bay. Pending can mean that the home is in contract, and that it is in some stage of working towards closing. For most of these these means waiting on approval from the bank for the Short Sale. In January 7 Short Sale Homes sold in Discovery Bay and 9 sold in February. These means only one in every 9 to 10 Short Sale Homes pending closes each month. The reality is many of the Short Sale Homes never actually end up selling. However, Recently the HAFA Short Sale program was revised and it should b...
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