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Rob's Blog

Apr 28, 2010 - The Bottom: Is it near, here or clear?

Some say we are at the bottom of this Real Estate Market. Others say we have a long way to go. I say, it depends on the Local Market Conditions & relative Price Point: Pleasanton, for example, is stable between $400K & $900K, finding its' bottom (at 20% - 30% below the peak prices of 2007) in the $1.0 - $2.0 million range, and still turbulent above $2.0 million.

So, depending on what Price Range, the bottom of this Real Estate Market is probably all three: here, near & clear!

Apr 14, 2010 - Buyers are out there, but they all want a "deal".

Recent sales activity in Ruby Hill suggests that the market is picking up steam. While sales "numbers" are increasing, sales "prices" are not. Sellers must remember that we are still in a "Buyer's Market". Buyers don't just "want", but now "expect", a "deal" or they won't buy!

Mar 1, 2010 - Early Spring "House-Hunting" Begins

The sun came out on Sunday afternoon and so did the "House-Hunters". Every house I went to in Ruby Hill on Sunday was filled with Buyers looking to get in on the action while this Buyer's Market is in full swing. Don't miss-out on some great values! Call us today for the best deals we have seen in years!

Feb 16, 2010 - Pent-up Demand for High-end Houses?

Where have all the High-end Buyers gone? They have been sitting patiently on the sidelines, just waiting for the opportunity to "score".

Many believe that all of this "waiting" is creating a situation similar to that of a Salmon Run. Like the spawning salmon that gather in "pools" prior to making their final run up stream, so the High-end Buyers have been "pooling-up" in anticipation of the ideal buying conditions.

With a scarcity of really good high-end properties in any given area, this "pent-up" demand is showing signs that it is getting ready to strike. Traffic numbers on Realtor.com (for my high-end properties) for example, increased over 40% from December, 2009 to January, 2010. Showings and inquiries are also on the rise.

Common sense tells us that people have 3 basic needs: food, shelter and clothing. Housing is shelter. Demand for shelter doesn't just disappear. Demand for High-end shelter doesn't just disappear either. In my opinion, it has been "resting" for the journey to come!

Jan 24, 2010 - A Perfect Time to be "Lucky".

We all have stories of the Investor that "got lucky" and hit it big. More often than not, that "lucky" Investor put him/herself in a position to be "lucky" with years of hard work, saving money & being smart. With Real Estate Prices in Ruby Hill down 20% - 30% from their peak, it just may be the perfect time to become "lucky".

Dec 20, 2009 - Happy Holidays from Ruby Hill Sales!

May this Holiday Season bring all of our Friends, Family & Clients Peace and Happiness. We are Thankful to have all of you in our Lives!

Nov 2, 2009 - Ruby Hill Holiday Season (Good-Deal-Time) is here!

Year-End Real Estate activity in Ruby Hill remains strong! Pending Sales are good and Inventory is low. It's time to get a head-start on Next Year's "Good Deals" Now!