The Engels Real Estate

2501 Tamworth Lane San Ramon Open House on Super Bowl Sunday! 2/5 1-4 p.m.

Cindy — Fri, 27 Jan 2012 22:03:38 +0000

Stunning home! Many upgrades, professional landscape, pebble sheen pool, premium lot. Crown moulding, custom iron banister, custom built-ins, hike trails, open space and top-rated schools! See virtual tour here:

Tamworth Lane San Ramon

2353 Rock Point Place Livermore Open House on 2/4 & 2/5 1-4 p.m.

Cindy — Fri, 27 Jan 2012 20:58:18 +0000

Situated on a court, backing up to permanent open space with a lot size over 1/3 acre, this gorgeous one story French Country home offers privacy and space!

http://www.virtualtourcafe.com/mls/5774939

3611 Halifax Way, Concord

Cindy — Thu, 26 Jan 2012 19:46:19 +0000

Charming re-model! Granite countertops, new appliances and fresh paint! Beautiful hardwood floors through-out. Bathrooms with lovely tile and new fixtures. Large backyard with side yard access. Corner lot within walking distance of BART station.

Forecast for 2012!

Cindy — Thu, 26 Jan 2012 19:31:58 +0000

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 neighborhood, continued to fall. This was due, in part, to the effect of foreclosures, bank owned properties and short sales. Also contributing to lower home values was the general economic slowdown and tightening credit by the lending institutions.

At the same time we have seen what appears to be increased demand for homes listed in the medium price range. Rapid rates of sales are not unusual for properties listed at $600,000 and lower.

Very few homes are available and that is the reason demand seems high in those price ranges. There are still steady stream of bank owned foreclosures coming to the market, but not the huge number which are controlled by the” Big Banks” all hitting the market at one time, which we imagined might happen.

The price bracket of upper tier properties, sales activity is not very robust. For example, in Livermore, in the price bracket of $800,000 to $1,000,000 there are currently 24 homes currently listed for sale, which is double the number of homes, (12) “Pending and Sold” in the prior 3 month period. At the price bracket above, $1,000,000 to $1,200,000 there are 5 for sale and 1 pending and 1 sold in the same time period.

It is worth noting that statewide we are one of the healthiest real estate markets. So while we are still somewhat anemic, we are better off than most other California regions.

As to 2012, we know more “distressed” properties will be offered for sale by the banks and individuals who own them. This will continue to hold prices down. The salesman in me would like to be more optimistic, but the reality is that I do not expect home values to rise in 2012. Long term, this is still a great place to buy and own real estate. It is an asset that we all can look forward to performing very well over time. For 2012 though ¬- looks like another year pretty much like the one we just had!

Please, for our opinions of your specific real estate situations, just call or e-mail Cindy or me. We look forward to seeing you in the New Year!

225 Plumpointe Lane San Ramon

Cindy — Tue, 24 Jan 2012 22:07:23 +0000

Highly desirable townhome in Vestrella Community of Gale Ranch.

423 Lasata Drive Tracy (Pending)

Cindy — Fri, 18 Nov 2011 19:04:13 +0000

Pottery Barn perfect! Immaculate Condition! Sellers have been transferred and pride of ownership shows! Newer floors, custom paint with a spacious kitchen/family room combo. Stainless steel appliances, large back yard with patio and lawn. Close to ACE train, walk to new shops and parks. Desirable Jefferson School District.

See the virtual tour here! http://www.virtualtourcafe.com/tour/1774738

3152 Paseo Granada, Pleasanton

Cindy — Wed, 14 Sep 2011 22:04:24 +0000

Professional re-model Ponderosa home in the heart of Pleasanton! Chef’s kitchen with granite and Thermadore applicances, 3 ovens, tile entry, custom cherry & wrought iron staircase, Wainscotting, custom built-in 2 person office, Bonus room with fireplace, 4 bedrooms,3 baths. Newer roof and windows. Walk to great schools!

See the virtual tour here: http://www.virtualtourcafe.com/tour/9721455

892 Madeira Way, Pleasanton (Sold)

Cindy — Wed, 27 Jul 2011 21:34:57 +0000

Recently updated home with a large backyard and walk to Pleasanton schools.

672 Savoy Court, Walnut Creek (Sold)

Cindy — Thu, 21 Jul 2011 22:40:21 +0000

Wonderfully private one-story townhome just waiting for it’s new owners! Light, bright and functional floor plan, family room with fireplace and kitchen with eat in area. Enjoy mornings, afternoons and evenings from your beautiful gated courtyard or backyard deck and patio.

435 Sugar Hill Way, Oakley (Sold!)

Cindy — Mon, 18 Jul 2011 21:38:48 +0000

Gorgeous one-story home in “Riata”, Centex built in 2008. Highly desirable floor plan with big open greatroom. Gourmet kitchen featuring granite, big island with lots of work space, cherry cabinets, some with glass doors. Spacious in-kitchen dining and family room. Close to new schools, park, shops and Highway bypass.