Livermore Market Report- Detached Homes – January 2014 It’s no secret. Home prices have increased dramatically from a year ago, with a 21% increase from the same time last year. This was a market driven primarily by supply and demand. Imagine how this chart would look if we looked at just the last quarter, or the last 6 months. Confirming that with real estate, it's beneficial to look at trends rather than an isolated point in time. Before thinking that homes lingered on the market in January of 2013, note that the average was just 34 days. But Janary of this year is even less, as inventory levels just have not kept pace with demand. Supply is down from the same time as last year, so it follows that sold units will also be down. Less choices for buyers, and when you break that down to... 02/12/2014

 VA Mortgage Loans in Livermore California and 100% Livermore California VA Loans - the best loan program in California! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the highlights of this incredible program: - Zero Down Payment, 100% financing. - No monthly mortgage insurance added to your payment. - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans.   So how do you qualify for a VA Mortgage Loan in Livermore California? First of all, you must verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. You can work with an approved Liverm... 02/12/2014

January 2014 Livermore CA Real Estate Market Report February 5, 2014 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during January 2014 were down to 44 from 51 last month for single family with 15 (same as last month) attached homes closing escrow. The median single family price for homes sold in Livermore CA is up to $557,000 vs. $550,000 in January 2014 while attached homes are up to $380,000 vs. $376,000 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of February 5, 2014 shows a total of 44 single family (up from 34 on the same date last month) and 11 attached (down from 16 last month) currently on the market. ... 02/05/2014

Buffalo Wild Wings1790 First St.Livermore, CA 94550925-373-9464buffalowildwings.com Do you ever just want some savory snack that you can enjoy with a cold beer? How about a reasonably priced lunch or dinner, for before or after a movie? Well, Buffalo Wild Wings could be just the ticket. Opening today (with an innovative contest I read about on Facebook), their location is a good spot to garner attention. At the opposite corner from the Vine Theater, this spot is likely to temp movie goers before or after a show. It’s a couple of blocks down from the downtown core. I don’t think that will deter anyone. For those wanting to indulge a bit, you can better justify your cravings with a short little jaunt. Neighboring towns of Dublin and San Ramon have the popular restaurant in their respectiv... 01/28/2014

Vine Cinema and Alehouse1722 First StreetLivermore, CA925-447-2545 Remember that cable show, “Dinner and a Movie”? Well that concept is alive and well in Livermore, CA. The Vine Cinema and Alehouse, a downtown fixture since it first opened in 1956, has had a renaissance in the last decade. The biggest change was its decision to showcase Independent films. Tough competition was in the equation when Livermore Cinemas opened in 2006, also in the heart of downtown and with 13 screens. Reinvention was the name of the game, when the Vine obtained a liquor license and partnered with its neighboring restaurant Zephyr Grill to offer beer, wine and select menu items. The addition of bistro tables, and couches along with standard movie seating has created a unique movie-going experience. Along wit... 01/23/2014

Short Sale Homes for Sale Livermore CA December 2013 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary There were a total of 1 single family and 4 attached short sale homes sold in Livermore CA in December 2013 compared to 4 single family and 0 attached the prior month. The single family short sale home sold in Livermore CA in December 2013 was on the market 70 days while attached homes were on the market an average of 18 days. As of this date there were 21 single family and 5 attached short sale homes for sale in Livermore CA pending sale after an average of 26 days and 9 days on the market respectively. For the year 2013 only 85 single family and 26 attached short sale homes sold in Livermore CA which totals are the lowest since 2008. In 2013 short sale homes sol... 01/22/2014

981 Alden LaneLivermore, CA 94550925-447-0280 This Saturday jJnuary 25th, little people (real and not-so real) will descend upon the gardens at Alden Lane Nursery. All ages are welcome, but when I took our little neighbor next door, the majority of the kids were in the 3-10 age range. Attendees are encouraged to don wings or eye patches, glittery tutus or triangular hats and let their imaginations run wild.  A guided tour through the gardens include an interactive adventure where children seek gnomes and fairies hiding with clues throughout Alden Woods. Other delights include secret passageways, face painting, Fairy Food snacks and more. Tickets are $25 for ages 1-14. Older guests are free if accompanies by a child. Purchase Tickets 01/21/2014

Vintage by Signature Homes A popular builder in Livermore, this upscale neighborhood is nestled amount the vineyards and open areas just north of Tesla Road, and was built in 2011 and 2012. This popular area has sweeping grassy areas bordering the street, visually appealing and only found in a couple of areas of Livermore. Homes have many standard upgrades such as granite counters, stainless appliances and hardwood floors. Lot sizes are generous, ranging in size from 10,000-13,500 sq. ft. Three models are available: Rouseanne – One story. 4 bedrooms, 3 baths, 3 car garage (4th bedroom can be an optional den) 2573 sq. ft. Marsanne – 4 bedrooms, 3 baths, 3 car garage (4th bedroom can be an optional den) 3015 sq. ft. Aramon – 4 bedrooms, Den (optional 5th bedroom) 3 baths, 3 car garage  31... 01/19/2014

2020 First St., Livermore; (925) 447-0576. In the heart of Livermore’s vibrant downtown, there’s a new kid on the block. Over the past several years we’ve seen restaurants come and go at this particular location. But I predict this one is here to stay. For one, they’ve improved the interior décor of the restaurant, taking it up several notches over the previous businesses. It’s got an inviting and elegantly casual appearance. The style is modern, yet with a Middle Eastern flair. And like any good restaurant in Livermore, you’ll find a nice selection of wines to pair with your food. Several times passing by I noticed something very different about this storefront when peering it. It was always filled with diners. That alone set it apart from its predecessors. We finally had the chance to... 01/18/2014

Jake's Cafe & Catering of Livermore51 Wright Brother's Ave.Livermore, CA 94551925-292-8088 Reading over the menu just makes my mouth water. Spicy sausage chili (perfect for my husband) while I’ll indulge in the Vegetarian Chili. Turkey club melt sandwich with avocado – yum! Or how about a Pesto Chicken Sandwich on a ciabatta roll? But if I’m going to keep to my healthy resolutions, I’ll have the Spinach and Pear Salad. Three reasons to be excited about this new restaurant: 1) It’s a reasonable, yet healthy walk from my house. 2) It’s perfect fare for Broker’s Tour food – next listing I get, this will be my choice! And…3) I t’s owned and operated by Jake Palmer, long time friend of my youngest son.  We’ve had Jake’s cuisine before at two private affairs, and his food is scrumptious. Fres... 01/16/2014

Sellers in this area have been thrilled to see the price appreciation during the past year. Three of the listings I had were folks who'd wanted to sell before, but weren't quite at a break even. We kept in touch, and as the market heated up, their game plans fell in place. In all cases, these folks ended up with multiple offers and much more cash in their pockets then they'd anticipated. Comparing just December to December would be very misleading in this report. Homes were just flying from inventory throughout much of the year as can be evidenced by Feb thru Nov columns - they're all less than December of last year! There were times during the year where we had as little as a two-weeks supply. The big jump in December likely signifies 2 things.....sellers who've gotten a bit unrealist... 01/11/2014

The graph below shows how homes sales in the Tri Valley break down by city and by type. Equity sales are a much larger percentage of the market than in the previous several years. It's also interesting to see where the bulk of the distressed sale occured.  For Livermore, by percentage and by quantity, this was the townhome market. For Dublin, that was the least affected segment. Pleasanton had the highest rate of distressed sale in the condo market, while for Dublin it was detached homes. These shifts are somewhat representative of the difference in the cities mix of housing types. Dublin has a high percentage of condos and they fared better in terms of distressed sales. That may be due in part to the fact that many of them are newer or new homes, and purchased more recently. In prepari... 01/07/2014

It’s always fun to see the extremes in a real estate market. Not unexpected, the least expensive homes sold were condos, but all of them were short sales. Livermore takes the prize for the least expensive in the Tri Valley as a region, but it was also the smallest home at just 1 bed/1 bath. Of the most expensive homes, only the one in Livermore sold at list price. Pleasanton weighs in with the most expensive sale for 2013 in the region.  Interestingly, none of these ‘extremes’ in terms of prices occurred in the last quarter of the year. Important to note that in some cases, the short sales actually were listed in 2012, but didn't close until 2013. And our market heated up drastically during 2013. (Did not include mobile homes in the criteria). Least Expensive – Dublin7679 Arbor Creek Ci... 01/06/2014

December 2013 Livermore CA Real Estate Market Report January 5, 2014 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during December 2013 were down to 51 from 69 last month for single family with 15 down from 18 attached homes closing escrow. The median single family price for homes sold in Livermore CA is down to $550,000 vs. $635,000 in December 2013 while attached homes are down at $376,000 vs. $401,750 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of January 5, 2014 shows a total of 34 single family (down from 60 on the same date last month) and 16 attached (up from 13 last month) currently on the market. Cli... 01/05/2014

Short Sale Homes for Sale Livermore CA November 2013 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary Short sale homes sold in Livermore CA in November 2013 included 4 single family and 0 attached while the inventory of short sale homes for sale in Livermore CA pending (under contract) remains higher than surrounding towns with 19 single family and 5 attached units, single family numbers are down from 25 and attached homes are down from 8 for the prior month. Because of these numbers the percentage of short sale homes sold in Livermore CA is considerably higher than surrounding towns making the Livermore CA real estate market more dependent on distressed (short sale and foreclosures) properties. The full report shows Livermore CA real estate trends in charts for t... 12/21/2013

November 2013 Livermore CA Real Estate Market Report December 5, 2013 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during November 2013 were down to 69 from 81 last month for single family with 18 down from 22 attached homes closing escrow. The median single family price for homes sold in Livermore CA is up to $635,000 vs. $540,000 in November 2013 while attached homes are down at $401,750 vs. $405,500 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of December 5, 2013 shows a total of 60 single family (down from 71 on the same date last month) and 13 attached (down from 17 last month) currently on the market. C... 12/05/2013

Short Sale Homes for Sale Livermore CA October 2013 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary Short sale homes sold in Livermore CA in October 2013 included 6 single family and 2 attached while the inventory of short sale homes for sale in Livermore CA pending (under contract) remains higher than surrounding towns with 25 single family and 8 attached units, single family numbers are down from 29 and attached homes are up from 7 for the prior month. Because of these numbers the percentage of short sale homes sold in Livermore CA is considerably higher than surrounding towns making the Livermore CA real estate market more dependent on distressed (short sale and foreclosures) properties. The full report shows Livermore CA real estate trends in charts for the y... 11/27/2013

October 2013 Livermore CA Real Estate Market Report November 5, 2013 Livermore CA Real Estate Monthly Commentary Homes sold in Livermore CA during October 2013 were up to 81 from 74 last month for single family with 22 down from 25 attached homes closing escrow. The median single family price for homes sold in Livermore CA is down to $540,000 vs. $587,500 in October 2013 while attached homes are down at $405,500 vs. $425,000 over the same period. Remember to consider the small number of homes sold when viewing these median price trends. The availability of both attached and single family homes for sale in Livermore CA as of November 5, 2013 shows a total of 71 single family (down from 81 on the same date last month) and 17 attached (down from 20 last month) currently on the market. Clic... 11/06/2013

VA Mortgage Loans in Livermore California 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 active duty and honorably discharged Veterans. Here are some of the highlights of this incredible program: - Up to 100% financing, with no down required. - No monthly mortgage insurance. - Compared to other types of mortgage loans, easier credit-qualifying requirements. - Low fixed mortgage rates result in a low monthly payment. Here's how to qualify for a VA Mortgage Loan in Livermore California: First of all, you must verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Livermore VA mortgage loan lender to order your COE quickly, ... 11/01/2013

Short Sale Homes for Sale Livermore CA September 2013 Market Report Short Sale Homes For Sale Livermore CA Monthly Commentary Short sale homes sold in Livermore CA in September 2013 included 4 single family and 1 attached while the inventory of short sale homes for sale in Livermore CA pending (under contract) remains higher than surrounding towns with 29 single family and 7 attached units, single family numbers are up from 25 and attached homes are down from 9 for the prior month. Because of these numbers the percentage of short sale homes sold in Livermore CA is considerably higher than surrounding towns making the Livermore CA real estate market more dependent on distressed (short sale and foreclosures) properties. The full report shows Livermore CA real estate trends in charts for t... 10/23/2013