This time of year provides just the right moment to take a brief look at the year past, and a thoughtful look forward to where we envision the Real Estate market will move. This past year we experienced seemingly contradictory and sometimes confusing sales activity. On the one hand, prices, depending on your city and… Read More
Recap of 2010 Real Estate Market & FORECAST For 2011!
January 18, 2011 By Leave a Comment
RECAP OF THE 2010 REAL ESTATE MARKET & FORECAST FOR 2011 As I do each year, I am writing to recap the 2010 real estate market and to forecast what is coming in 2011. In regard to 2010, the sales activity in the Tri Valley reflected the increased number of “distressed properties”, that is “short sales” and… Read More
Tri-Valley Market Update! (July/August 2010)
July 30, 2010 By Leave a Comment
THE ENGEL TIMES (July/August 2010) WHERE DO WE GO FROM HERE? The Real Estate Market in the Near Term: Our take on it is that it all depends on…jobs. Affordability is the driving force impacting home prices right now. If in the East Bay’s economic future, employers start hiring, (and paying competitive salaries), then demand… Read More
(March 2010) Mortgage Rates!
March 2, 2010 By Leave a Comment
(March 2010) Mortgage Rates! Rates are still good!! 5% 30 year fixed. 5-1 Arm as low as 3.875% And Jumbo 30 year fixed at 5.50% Rate Update, Thanks to: Staci M. Fraser Home Mortgage Consultant Stagecoach Priority Certified Wells Fargo Home Mortgage MAC A0327-011 5075 Hopyard Rd. Ste 200 Pleasanton, CA 94588 925.251.4307 Tel 925.321.0744… Read More
(February 2010) Mortgage Update!
February 2, 2010 By Leave a Comment
The Engels (Good time to Buy? Sell? )
December 15, 2009 By Leave a Comment
As lifetime members (third generation) of our community, the Engel Team, Joel & Cindy, would like to introduce themselves! Joel and I have been full-time Residential Realtors in the Tri Valley area for 22+ years. We have an excellent understanding of the local builders and the communities. This experience and knowledge speak to our years… Read More
Short Sales
December 15, 2009 By Leave a Comment
With the many changes in the market, we wanted to help to educate our clients and answer some frequently asked questions about short sales. If anyone you know has any questions about short sales, please contact us, as we have relationships with CPA’s and Attorneys who have the latest information. Since each transaction is unique,… Read More
Interest Rates & Market Update
November 21, 2009 By Leave a Comment
(November 2009 Update) Since home sales and home values are so closely tied to the cost of borrowing money, we thought we would focus some attention on current interest rates, along with the general Real Estate related topics we usually discuss. The cost of borrowing money to finance home purchases are currently at very low… Read More
The Middle Man
January 19, 2009 By Leave a Comment
There are many new companies that offer their service as “negotiators”. These companies for a fee (usually 1-2% commission) will negotiate directly with the lenders involved. Their claim is that they have experience and will stay in constant contact with the lender. Usually, they are employed by the listing agent. It is important to know… Read More
Over-pricing vs. Under-pricing
January 19, 2009 By Leave a Comment
When listing short sale property, a Realtor may start with an asking price that looks to be too high compared to the current market. This may be a part of a required process on the part of the lender involved. Many times the lender will require the home to be marketed for several weeks. If… Read More
Cindy Engel
©2012 Bay East. ©2012 CCAR. ©2012 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 5/18/12 9:08 PM PDT.
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