Why the Housing Market Will Not Recover in the Near Future
August 15, 2008
Today, I am going to play Devil’s Advocate. This is part 1 of 2 for a blog series reporting on opposing views of the direction of the housing market. Next up - a post on ‘Why the Housing Market Will Recover in the Near Future’.
Here are five reasons why the housing market is in for a long recovery period:
- Defaulting Prime Mortgages
- Inventory Supply
- Restricted Credit
- Sale Prices Don’t Cover What Sellers Originally Paid
- Another Round of Adjustable Rate Mortgages are Scheduled to Reset
Each one of these reasons is damaging to a housing market in itself. However, when combined, we could be in for Read more
End of July Tri-Valley Real Estate Update
July 31, 2008
The following consists of real time inventory numbers for Danville, Dublin, Livermore, San Ramon and Pleasanton. Here are the stats for the Tri-Valley cities for the end of July.
Property Tax Bill to Change for Dublin Homeowners
July 5, 2008
The Dublin San Ramon Services District (DSRSD) recently made a change that directly impacts Dublin residents’ property tax bills. Up until July 1, wastewater service charges were paid separately by Dublin homeowners in a bi-monthly fashion. This system has now been changed. Beginning in July, wastewater services will be paid twice a year along with Dublin homeowners’ property taxes.
The annual wastewater service charges will appear on Dublin residents’ property tax bills starting this fall. The annual wastewater service charges for July 1st, 2008 - June 30, 2009 are reported to be as follows:
- Single family home: $292.08/year
- Townhouse or condominium: $202.56/year
One thing to note is that Read more
End of June Tri-Valley Real Estate Update
July 1, 2008
The following consists of real time inventory numbers for Danville, Dublin, Livermore, San Ramon and Pleasanton. Here are the stats for the Tri-Valley cities for the end of June:
End of May Tri-Valley Real Estate Inventory
June 1, 2008
The following consists of real time inventory numbers for Danville, Dublin, Livermore, San Ramon and Pleasanton. Here are the stats for some of the Tri-Valley cities for the end of May:
