Pleasant Hill, CA Real Estate News

By Jayne Combs NMLS#222444, Loan Officer & Cert. Divorce Lending Professional
(American Pacific Mortgage dba Preferred Rate)
 On the next live Agent Mastermind class, our special guest Kelly Lucente will give you the strategies that you need to break sales records in 2019. Click here to sign up! Here are some things you will learn from this class:1. Learn how to highlight your rock star services so people buy2. Uncover proven strategies for getting noticed… the right way3. Master how to attract and communicate with your market so they become raving fans4. Discover your uniqueness and use it to grow your business in spadesClick here to sign-up!P.S. I GOT YOUR BACK!!! If you get busy and can’t make the live class (which is always best as these classes are meant to be interactive) don’t worry. The class is normally recorded and I can send you the replay! Just reply back to this post if you need me to send it to ...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
Rent Payments Can Really Add Up!No matter how much you pay in rent, you might be surprised what it adds up to over the years. Investing your money is a wiser financial choice. With the current home prices and mortgage rates, this is an excellent time to look into buying your own home in Pleasant Hill , California.Common Concerns of Renters and Homeowners - Advantages and ConsiderationsBUYINGProperty builds equityResponsible for maintenanceTax deductible mortgage interest*Responsible for property taxesFree to change decor and landscapingResponsible for hazard insuranceNot dependent on landlord to maintain propertyRENTINGLandlord is responsiblefor maintenanceNo equity gainsLandlord is responsible forproperty taxesRent payments are not tax deductiblePossibility of evictionNo control over r...
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By Valerie Crowell, Broker Associate
(Keller Williams)
  The market has been pretty quiet among many Bay Area cities over the last few months of 2015, including Pleasant Hill. Home sales declined in all nine Bay Area counties in the first month of 2015 which was the the result of limited affordability, according to a report released by the California Association of Realtors. Additionally the sales drop-off in the Bay Area was attributed to intense demand and inventory shortages, which have driven up prices. The report also stated that the Bay Area was the only region in the state where the average home seller could expect to take in about 100 percent of original asking price. This is obviously great for sellers but buyers are in a state of limbo. With that, homes haven’t been moving as quickly as they were in 2014. In Pleasant Hill, the med...
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By Valerie Crowell, Broker Associate
(Keller Williams)
  The number of Bay Area homes on the market tightened as 2014 ended and continue to in the first month of 2015. According to the California Association of Realtors December home sales and price report, the months’ supply of inventory for single-family homes across the Bay Area dropped to 1.7 in December, down from 2.3 in November. With that, the Bay Area real estate market remains heavily tilted in favor of sellers, as it did one year ago. Along with inventory levels, home prices also dipped across the Bay Area. Even with the month-over-month slips, Bay Area counties remain the state’s most expensive with CAR stating that homes are selling for an average of 0.6 percent above asking price. January was pretty slow for the Pleasant Hill real estate market. There was steady decreases acro...
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By Valerie Crowell, Broker Associate
(Keller Williams)
  Happy 2015 to all! What a year 2014 was for the real estate market. Overall, the market in Pleasant Hill was steady but like all of the Bay Area, it was nothing to write home about. Employment statistics released earlier in the week by the U.S. Bureau of Labor Statistics (BLS) fall right in line with analysts’ recent predictions that the housing market will make a comeback in 2015. Reports from economists at CoreLogic and Wells Fargo released in December indicated they believe housing will rebound in 2015 after a disappointing 2014, and they cited improvements in the U.S. labor market as a main reason why. The national unemployment rate in November was 5.5 percent, more than a full percentage point lower than the rate reported for November 2013 (6.6 percent). A total of 200 metro area...
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By Valerie Crowell, Broker Associate
(Keller Williams)
  2014 has been a great year for the Pleasant Hill real estate market. And with recent 2015 projections coming out for the U.S. real estate market, 2015 will likely be even better. Freddie Mac’s economic outlook for 2015 calls for 3 percent growth in the U.S. economy, which means good news for Bay Area housing. Home value appreciation is expected to drop slightly which is a positive for buyers and sellers. Home values have appreciated so much throughout the last year so many homeowners are all in all in a good place. This also means buyers will be more active. As far as interest rates are concerned Freddie Mac projects mortgage rates to average 4.6 % and increase up to 5 % by the end of the year. So, if you’re looking to buy, now is the time, as rates have dropped below 4% in the recen...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Pleasant Hill CA and 100% VA Loans -the best loan program 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 great features of this fantastic program: - Up to 100% financing, with no down required. - No monthly mortgage insurance added to your payment. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs. So how do you qualify for a VA Mortgage Loan in Pleasant Hill CA? 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 Pleasant Hill CA VA mortgage loan lender to ord...
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By Valerie Crowell, Broker Associate
(Keller Williams)
With only two more months left of 2014, most are wondering how 2015 projections are looking for sellers and buyers. A recent forecast by the California Association of Realtors gives much hope to homebuyers for the coming year, with a prediction of a growing supply of inventory, leveling home prices and less competition with investors. There is also a prediction that mortgage interest rates will remain at historically low levels throughout 2015. This is an incredible outlook for the coming year. And with that being said, 2014 has been a very solid year in the real estate market. The Pleasant Hill real estate market has remained very steady as far as the median sale price is concerned. The year over year increase was roughly 13%, from $576,250 in October 2013 to $649,000 this October. Co...
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By Valerie Crowell, Broker Associate
(Keller Williams)
The U.S. real estate market is on the incline and beginning to fully recover from the mess we were in beginning in 2008. And like many Bay Area cities, Pleasant Hill is recovering faster than the nation. The median sale price increased slightly, by 7% year over year from $637,500 to $685,000. The number of properties sold is down 11% year over year which is likely due to the increase in home values. And the number of new properties that came onto the market, that number was down by 29% year over year. Again, this is due to the imbalance in supply and demand. Inventory levels are much lower than last year. And properties in Pleasant Hill are not getting stale on the market…they are moving very quickly with a 60% decrease in the number of expired listings. 2015 is nearing very quickly…ca...
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By Jayne Combs NMLS#222444, Loan Officer & Cert. Divorce Lending Professional
(American Pacific Mortgage dba Preferred Rate)
Do the OPPOSITE: Everything You've Been Told About Social Media is DEAD WRONG     Social media can be overwhelming and sometimes cumbersome to figure out. What should you post? What shouldn't you post? When is the best time to post? And so on. Join us for the next Agent Mastermind class on Tuesday, September 16th, and learn from special guest Realtor Shaun Nilsson, as he explains why everything you've been told about social media is DEAD WRONG. In this awesome online workshop, we’ll show you exactly how and why you should do the OPPOSITE of everything you've ever been told for marketing your real estate business on Facebook. PLUS you'll learn how to outsource your online marketing to others and avoid wasting your valuable time each day! Click here to register now! On this upcoming class...
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By Valerie Crowell, Broker Associate
(Keller Williams)
The Pleasant Hill real estate market is generally slow at this time of year. And now that vacations are likely over and school has resumed things may turn a corner once Fall hits. Currently there is an intense demand and constrained inventory, in addition to homebuyers sitting this market out. All of this leads to fluctuations in all aspects of the Pleasant Hill real estate market. The median sale price is increased by 6% year over year, from $570,000 to $605,000. Also, the number of properties sold in the month has gone down by roughly 22%, from 38 to 30. And lastly, the number of new properties coming on the market per month is down 32% from 44 to 30.  As one can see, numbers are all over the place for the Pleasant Hill real estate market. Fall is projected to bring spikes in invento...
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By Pete Sabine, San Francisco Bay Area Real Estate
(Compass)
I  have posted the monthly MLS Statistics for both attached and detached homes in Pleasant Hill, California.   Easy to read charts and graphs to provide you with accurate up-to-the-minute information for the local Central Contra Costa County real estate market.   To learn how to interpret this information or further discuss, please feel free to contact me directly or post a comment to the blog. Contact me at (925) 297-5335 (PST) or send an email to Pete@ContraCostaLiving.com. Visit Pete's web site www.ContraCostaHomeSearch.com
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By Valerie Crowell, Broker Associate
(Keller Williams)
    The Pleasant Hill real estate market is faring pretty well year over year. The median sale price is up roughly 6%, from $600,000 in June 2013 to $636,000 in June 2014. Contrastly, there was a decrease in the number of new properties that came on the market in June. Last June there were 47 new homes that came on the market compared to 41 this June, a 13% decrease. Another disappointing figure were the average number of days a home spent on the market in Pleasant Hill. Last June a home lasted roughly 17 days, compared to 24 this June, an increase of 45% . Summer is typically a busy time for buyers and overall a solid month for the Pleasant Hill real estate market but this month there was a bit of a struggle. As one can see, things change very quickly in real estate so we will see wha...
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By Jayne Combs NMLS#222444, Loan Officer & Cert. Divorce Lending Professional
(American Pacific Mortgage dba Preferred Rate)
Are you ready to add another level of service your real estate clients desperately need? Have you had to turn away business in the past because you lacked the skills needed to assist in managing transactions?   Contract to close services are a rising need in the real estate community. These services are what makes sure you, the agent, get paid for all of your hard work you have put into the sale of a home! And these services are in high demand. Join us for the next Agent Mastermind class on Tuesday, July 8th, where we cover how you can become the master of contract to close. Click here to sign up now!   Some of the reasons these contract to close services are in such high demand is because: Agents can't give the transaction the time it needs while focusing on generating new deals Some a...
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By Jayne Combs NMLS#222444, Loan Officer & Cert. Divorce Lending Professional
(American Pacific Mortgage dba Preferred Rate)
  Do you know what it feels like to have an empty inbox and an extra 30-45 minutes a day? Most of us have over 1,000 emails in our inbox and it takes us forever to find what we are looking for. Tasks get lost as they flow through the never-ending string of emails… Clearing out your inbox and simplifying your email can be a huge relief and time saver. The feeling of having an empty inbox is amazing and we want to share it with you! Take back your inbox and free up your time! Join us this Tuesday by registering here We will share with you: What service to use How to schedule messages to be sent later How to filter 99% of your inbox How to remove all the spam The awesome search function Calendar in the clouds And so much more. This class will truly make your email life much easier so be su...
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By Valerie Crowell, Broker Associate
(Keller Williams)
Pleasant Hill’s real estate market hasn’t seen many highs or lows throughout the last year. As far as the median sale price, year over year we have seen a 2% increase, from $580,000 last May to $590,000 in May 2014. This differs from many Bay Area cities. Similarly, the number of properties sold in Pleasant Hill has remained steady, with a 0% increase/decrease over the last year. The lack of increases on all levels isn’t necessarily a bad thing, Pleasant Hill is simply remaining very consistent. A varying stat coming out of Pleasant Hill is the number of new listings coming on the market. Not a large variance but a change at that. There has been a 7% decrease year over year, from 43 to 40. Pleasant Hill just doesn’t have too much news report. We’ll see what next month brings. Community...
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By Pete Sabine, San Francisco Bay Area Real Estate
(Compass)
I  have posted the monthly MLS Statistics for Pleasant Hill, California real estate for both attached and detached homes.  Easy to read charts and graphs to provide you with accurate up-to-the-minute information for the local Central Contra Costa County real estate market.  To learn how to interpret this information or further discuss, please feel free to contact me directly or post a comment to the blog. Contact me at (925) 297-5335 (PST) or send an email to Pete@ContraCostaLiving.com. Visit Pete's web site www.ContraCostaHomeSearch.com    
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By Valerie Crowell, Broker Associate
(Keller Williams)
The Pleasant Hill median sale price has remained very consistent throughout the past year, with $602,157  in April 2013 compared to $648,000 in April 2014, an increase of 8%. There have been no major increases or decreases in 2014 so far. Comparatively the number of properties sold has fluctuated quite a bit. In April of last year the number was 36, compared to 24 in April 2014, a decrease of 33%.  There has been a steady decline but things are starting to pick back up. Year over year the number of new properties coming on the market is up 18% from 38 to 45. And lastly, the number of days a home is lasting on the market has seen many fluctuations throughout the last year as well. There was a major spike in March with the average number hovering around 41, compared to just 15 days in Ap...
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By Valerie Crowell, Broker Associate
(Keller Williams)
Pleasant Hill Farmers' Market When: Every Saturday, May 3rd through November 15thWhere: Downtown Plaza (in front of Jack’s Restaurant)Time: 9 a.m. to 1 p.m.http://www.pcfma.com Join us every Saturday for the season's freshest produce from your favorite farmers. Throughout the season you'll also find many new producers and products as well as live music and fun special events to make your farmers' market better than ever!
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By Valerie Crowell, Broker Associate
(Keller Williams)
Pleasant Hill has been on a steady climb for the last 5 months. The median sale price for the month of March was $700,000 compared to just under $650,000 in February. That is nearly 10%. And five months ago the median sale price was hovering around $550,000 so things are definitely increasing for Pleasant Hill. On the contrary, inventory actually took a dip for the month of March which is somewhat inconsistent with other Bay Area cities.  In February the number of new properties on the market was around 34 and this month that number was 27. Again, this is inconsistent with other cities but we are seeing fluctuations throughout the market in all areas. Overall, March was a steady month and the market seems to be balancing out with more buyers and more inventory.
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