Livermore real estate agent steveshomesearch.com

Livermore real estate news
www.StevesHomeSearch.com
Steve EvelethI really believe we are starting to see the bottom, prices have been leveled off for a couple months now…in Livermore that is. There are a lot of people waiting on the fence, and when they all decide to jump off, history says that’s when the prices go back up, more demand, less inventory, specially in the entry level market where there is always more demand…just something to think about. Of course this is all theory & speculation based on past real estate history… who knows when “the time” is right to jump. I know I am going to hold my properties & ride the wave. Livermore real estate is bound to go up again & when it does everyone will be doing what they’ve always done. That is run out & start purchasing again. Investors will come out, first time buyers, second home owners. One thing that is holding that back from happening now is the financing mop up that is still taking place. The banks will come out with new programs, government will up FHA limits, private investors will buy notes on wall street again. Livermore real estate Another thing we can look forward to is solar & bio-tech, alternative fuel. These will all create great economic factors that will contribute relative to the hi-tech boom in the early 2000’s. People will be rolling again in dough, spending it as fast as they earn it……that’s what we do. repeat history over & over again….till there’s no history to repeat….www.StevesHomeSearch.com

Livermore ca real estate pleasanton ca agent

I will manage your investment property for free for 1 year for using my exclusive buyer agent services.Steve Eveleth Livermore real estate agent. This includes:::Free tenant placementFree marketing of your rentalFree quartly property inspectionsFree credit report ran on all prospect tenantsFree employment, reference & income verification of tenantFree lease & disclosures drawn upFree contactor rescorces from management for all maintenance & repairsFree move-in move-out inspections of property
Livermore rents are up 20% in past year. FHA is currently working on bail-out, re-fi, 100% no money down programs as we speak. History & current events facts say the current real estate market we are in will change. Now is still a good time to buy investments while the good deals are available. This will not always be the case. The current inventory & buyers market advantages could change soon. Dont do what everyone else is doing....when eevryone else starts buying again you will wish you would have made a move while you had the chance...
Steve Eveleth 925-487-2246http://www.steveshomesearch.com/

Livermore Rental Market off the hook by Steve Eveleth

Livermore rental market is off the hook. I recently listed a few properties including one of my own for rent in the Livermore. The responses I received were overwhelming. I had to stop taking calls. Because of this discovery and the decline in active Livermore real estate transactions, I have decided to pursue Livermore property management for a while. It's a lot of work & time for a small amount of dough, with a ton of potential headache, but just think long term of all the other business with real estate & loan transaction that will come out of it...re-fi's helping renters become home owners, sales of the rentals eventually...I must have received 15 phone calls from two rental ads that were tied in with Livermore real estate. I will start posting new available rentals on my website http://www.steveshomesearch.com/. Click on "rentals". Another reality is there are many Livermore real estate agents getting out of the business which means there are less available rescores for landlords/investors to grasp. The strong will survive during these times......and when the business picks up again and our doors are open we will be remembered as some of the few who survived the tuff times in the tri-valley Livermore area....if people have 10 stores to shop at and 6 of them close there doors, were will everyone go when its time to jump off the fence and purchase again? http://www.steveshomesearch.com/ its all about exposure baby! By Steve Eveleth

Now is the time to buy Livermore real estate

happens the door may swing wide open to buyers jumping off the fence and making a move.If rates come down 1/2 to 1 % (which they very well could based on the latest talk from the fed as of yesterday) There will be an inventory of buyers again and less of an inventory of homes available to purchase.http://www.google.com/search?hl=en&q=steveshomesearch.com&btnG=Google+Search This means if you decide to wait and purchase when everyone else does you will have less of an inventory to choose from, sellers with begin to hold the gold again, less closing costs paid, less sellers agreeing to repairs, and possible price increases on the current homes for sale! So whether you wait for rates to come down and home prices to go up, or purchase now and get the home you want at a good price, isnt it all relative? Have you ever heard the saying "its never a bad time to buy real estate" especially if you look at the history of real estate over the past 40 years.....ups,downs,flat spots and around it goes again...so what are you waiting for? http://www.google.com/search?hl=en&q=steveshomesearch.com&btnG=Google+Search

Livermore real estate financing

OK so the feds dumped 38 billion into the economy yesterday to ease the credit pinch we are in...great more money available to spend and even better ON credit.....!!!! so what will this do the housing crisis??? NOT A DAMN THING! All this will do is cause more dollars out there for people to spend which in turn will cause more inflation, which in turn will allow for rates to either stay the same or go up to control the inflation.....At lease they recognize there’s a problem and are doing something...weather its the right thing or not is the broad controversial question....Steve Eveleth

Here’s my suggestion to everyone.....sit your butt down and adjust your budget for 6 months.....im talking about cutting your frivolous spending in half for 6 months....yes we the people take a break from the spend spend spend mode for 6 months. What will this do? two things....(this is my theory, its all speculation right??)1)It will cause the feds to lower rates!!! Duhhhhh don't we get it??? As long as we keep spending, weather its cash or credit we keep the cycle in motion...the cycle that is going to backfire eventually...or what am I talking about...already has....has been for a while...thank God people are making decent $ with job availability and pay increases...if we didn’t have that right now....bye bye baby...recession come to daddy!!!!
second thing this will do is create less dollars out there for retailers product so inflation will stay under control!!!

SO by cutting down on your spending (operative word is YOUR) every single one of us has to do this and IT WILL WORK!!! This will effect all of us and here will be the benefits::

Home buyers: Lower rates to afford a home!

Home sellers: you will get more for your home because there will be less inventory and more buyers!! This will also even out the market and you wont get beat up by buyers on your sale of your home!!!

Real estate agent & finance industry: Maybe keep the doors open for the rest of the year!!!
www.StevesHomeSearch.com

Average consumer: you will save money because inflation will be under control( prices of merchandise will remain stable or decrease because there isnt as much cash flow out there to buy there product!!

Here’s the problem people:::::: In order for this to work you must start educating yourself, planning budgets and sticking to it....CUT DOWN ON YOUR SPENDING!!!maybe not going to the lake one summer...not having your kids get the $120 jeans.....no super latte star bucks every morning....make your own. you get the picture!!!!!This is our problem::: As long as we keep spending things like we do things will not change.

Can you imagine if we all cut our spending by 1/3 for 6 months???? The fed would freak!! and lower rates....come on lets try it!!! www. StevesHomeSearch.com

The financing mess .....StevesHomeSearch.com

I see only three options on the horizon:

1) the feds wake up and realize WTF is really going on, Lower the rates like they did after 911. The problem with that is So they lower rates witch could possibly bail it out but then there's good old inflation...as soon as the feds lower rates there will be more dollars out there available for retailers to jack up there prices to the consumer and then there's us....or most of us that is...who love to spend $$$$$ lots of it, we just live for today and spend it as fast as we get it....which is why the average American is in debt 15-35K with credit cards, car loans, equity lines..ect...So who really created this mess...the loan agents that got you your loan? President Bush that is getting rich off the cost of gas (he could care less about the housing market)which in turn causes retailers to jack up there prices to the consumer because it costs them more to get there product? Or is it the typical "spend for today" don't worry about tomorrow attitude of so many Americans that take a leap of faith and worry about it later attitude......After all its our own education and our own decisions that we make, no one forced you to obtain a loan with a minimum payment that you knew wouldn't last forever... www.StevesHomeSearch.com

2) the prices of houses come down enough to where people can afford them...what is that number? Who knows based on your debt-to-income ratio...I don't think anyone really wants to know what they can "really" afford....the problem with home prices coming down further is it will hurt the economy because a good portion of the money people spend comes from the equity ATM in there home...which is currently" out of order" The good news is that most homeowners do not want to take a big hit on there home if they have equity in it...which most don't because they cashed it all out and wil not sell there home unless they have too...If youve bought in the past 5 years you probably owe as much as your home will sell for..if youve cashed it out like most people.. Also people cannot re-fi to cash out to spend because there LTV(loan to value) have depleted....And one more thing, about 70% of loan agents & realtors and packing up and getting out of the business....does the feds realize how much money they were putting into the economy? yea all the money they made on the unregulated lending standards off all the loans that people are defaulting on now.....fronted $$$ that the ecomonmy will miss or $$$ that should have never been there to begin with and is part of the mess were in now due to it....either way people in the real estate loan business are bailing...too bad for them...im hanging in there.....when people had 10 stores to shop at and now only have three...guess who will get all the business? www.StevesHomeSearch.com

3) people start making a shitload of money quick...stock market goes nuts, stem cell takes off, solar power goes nuts....alternative fuel...something relative to the high tech boom...something needs to take off quick... Comment on this blog http://www.google.com/search?hl=en&q=steveshomesearch.com&btnG=Google+Search

Livermore real estate market update & services

::::::PUBLIC NOTICE::::::

DO NOT SELL YOUR HOME

JUST BECAUSE ALL THE DOGS ARE BARKING UP THE SAME TREE DOESNT MEAN ITS THE RIGHT TREE!!!!!!!!!

STEVESHOMESEARCH.COM

Now is the time to buy not sell!!!
All my buyers & investors are currently benefiting from this market with:
-Closing costs paid
-Most reasonable repairs performed by sellers
-Price negotiation.......absolutely!!!!
-The average Livermore rent has increased by 20% in the past year(just look and see in the rentals section of CL)
-Rents are going to go up even higher due to supply & demand in desirable tri-valley
-great inventory to choose from!!! No fixing up anything. If your partial to one we move along to the one down the street thats even nicer!!!!!!
FACTS:
There are currently 534 homes on the market in Livermore.
Rents in Livermore are up 20% in past year.
The average 1400 3/2 SFR in Livermore is renting for $2000 per month (conservative #)
Why sell and get rid of your tax writeoff?
Why do what everyone else is doing?
BUY LOW SELL HIGH!!! Everything is on sale right now!!!
Myself and finance associates will help you with:
Free quote on re-fi your existing home, cash out to by investment while prices are low (who knows how long this will last....solar power and stem cell is on its way...the next booms are around the corner) Are you in position for the next real estate boom?????
Free credit report
Free credit counseling
Free tax advice on new tax base w rental property
Free personal finance evaluation
Free advice on investment strategies
Free certified market evaluation of the current value of your home
Free property management for 3 months
Free tenant placement
Steve Eveleth 925-487-2246
http://www.google.com/search?hl=en&q=steveshomesearch.com&btnG=Google+Search

Livermore rental market strong

Heres a little info on the current rental market in Livermore. StevesHomeSearch.com I currently have a duplex available to rent that will be finished being built in a month or so. It is merely 700 sq ft with w/d hookups and a one car attached garage. I listed these places for $1,595 thinking I was a little high. The reason for this steep (so I thought ) rent was everytime in the past two years I put one of my rentals on the market for what i thought was average rent I got slammed with responces...im talking about 8 -10 reponces in 2-4 days. So I say what the heck lets see what the real market for rentals is like and whats the most rent I can get for these rentals..well iv'e got 4 respnces in 3 days already....jesus what could I really get if I leave these things on the market for two weeks or so???? 1,895??1,995????? I mean these places are 700 sq ft 2/1 with a tiny garage.....I will leave them at $1,595 and take it. I feel that is fair rent and it will cover most of my mortgage anyway....I dont like greedyness but am blown away at the high demand and the price people are willing to pay to live in Livermore...StevesHomeSearch.com

Livermore down town hype

OK so whats the real deal with all the "downtown Livermore hype" Its looks like some property owners need a reality check when it comes to there expectation of realistic value of there close proxsimity to downtown Livermore.There are a couple pieces of Livermore real estate for sales on Chestnut st and 2nd st in Livermore right now. Both owners have there price about 100K over realistic market value of what there home would sell for. Notice the opporative word "would" I use that word because there home will sit....and sit...and sit....just because something is located close to downtown Livermore is not that big of a deal....yet....("yet"another opporative word)If and when downtown Livermore takes off values around immediate downtown may be a little more dersiable but come on just because you have a oversized lot that is duel zoned is great for someone to come in and build on...in a different market.... due to this sub-prime shakeout people can barely get financing to buy the house, let alone buy and build! That means the owners are marketing to investors who would build. Only problem with that is any investor knows only to pull the trigger on any purchase in this market or a purchase to built at that, is sitting on the side lines watching all the other over priced homes sitting around.So you either have to find an over axtios investor that loves to throw money around and just loves to build for a hobby with no brains or realize that your overpriced home close to downtown Livermore is only worth what someone will pay for it today! Another problem this causes is an unrealistic perception of what the market is doing based on certain prospect sellers that have homes way overpriced sitting on the market for long periods of time. So when someone asked me about the Livermore real esatte market I have to ask them...well it all depends my friend. Timing, location, pricing, inventory all come into play at the end of the day! It kind of reminds me of the gold rush(though I wasnt actually around then) but in theory from the few historys classes in school that I actually participated in I remember the simularities.I think once the performing arts theator kicks in we should see some different views of option & attraction in the downtown Livermore real estate market....who knows, its all speculation right? p.s. don't pull any light handed ribbing on my spelling, spell check doesnt work on real time blog entries....besides I said in this blog I wasnt around much in high school........www.StevesHomeSearch.com

Livermore home buyer trends

Livermore home buyer trends

The average Livermore home in the entry level price range in still averaging about 60 days on the market. About 70% of all homes sold in Livermore are under 600K. (steveshomesearch.com) this tells me that homes in the mid to high price range are either out of reach for the market of buyers buying right now, or the people that can afford the higher end homes are waiting on the fence to see what the market will do, or there may be a bigger inventory of available entry level homes too… Another theory is most of the people buying right now are not buying because they think it may or may not be “the right time” they buy because they have to buy….or rent. With family’s expanding, people getting married, family wanting to be close to each other, weighing out tax advantages rent/verses own….. if they choose to rent they have no tax breaks, live under the thumb of the big bad wolf landlord, are not in a position to ride the next equity waves when it hits. Most everyone knows the advantages to buying. There are enough rescores out there that anyone that is remotely able to buy and gives it any half ass attempt will know weather they can or not pretty quickly. I say this only because its not hard these days to find out if you qualify for a loan unless you don’t own a phone, tv, talk to friends or family members or come in contact with the ever so abundant population of loan agents and realtors on every corner….www.StevesHomeSearch.com Steve Eveleth Every time rates drop it widens the gap of first time buyers in the Livermore real estate market that can now purchase a home.
Now about interest rates, if history dictates the coming months ahead, I am hoping for some rate decreases coming in the next couple months. As long as inflation does not get out of control. In order for inflation to stay under control, gas prices need to remain stable…or drop….what does gas prices have to do with inflation? Simple. It costs the realtors more to get the product to them, so they pass that cost on to you…you know who we can thank for that? That’s right Mr Bush! Did you know that most of his money is invested in oil stocks? Do you think he is worried about the price of gas???Hell no, every time he fills up he is just reinvesting his money in his own pocket!!!! OK im ganna get crazy here…time to stop, besides im way off the subject…. www.StevesHomeSearch.com Steve Eveleth

Should I use a Livermore real estate agent?

So I've been a Livermore real estate for 6 years now and have been working with these new home builders recently and wanted to give everyone a little status on my progress and recent experience with new home sales near Livermore. Most of my marketing up until recently consisted of Livermore real estate homes simply because Livermore real estate is where I focus my strengths and know the Livermore tri valley the best. My recent discovery of new homes 10 minutes from Livermore real estate (if your doing 90+, kids do not try this at home!!!!) but seriously you can get to Mountain House in about 15-18 minutes and enjoy the drive and Livermore surrounding area on your way out of town. First let me tell you about the prices of these homes, can you say the word "half" yes that's right, you will pay about half of what you will pay for a Livermore home for a brand new home in Mountain House. StevesHomeSearch.com These homes come with everything you see in the models. That's right you do not get nailed with another 100K just to get your new home somewhat comparable with the beautiful model they lure you in with...and the incentives...wow....and once I get in there as your exclusive buyers agent and grind them down on price, get your incentives & your closing costs paid from builder....There is nothing more that I am passionate about then getting my buyer the best deal possible on a new home....by the time I get down with the sales reps at these places, they are practically giving the house away to us! I just spent 5 hrs on Fri afternoon neg with builder in Oakley for a buyer. The sales rep could not produce so I got on the phone with her manager, she could not get me what I wanted so I got on the phone with vice president and got what I wanted......O and then there was "the list" as soon as I blew the sales rep, manager, and VP hair back and pretty much got everything my clients wanted I brought out a list of things my buyers wanted the builder to do to the house before move in! You should have seen the look on the sales reps face...priceless. My buyers asked me before I presented the list if I thought it was a good idea, I told them a little saying I live by is this:" if you don't ask the answer is always NO!" and the funny thing about this situation was this particular client questioned weather or not it was necessary to use a real estate agent before I met with him at builder....this home was priced at 663k to start with 118k in upgrades. When I was done negotiating I got client this home for 512K all incentives, all upgrades & closing costs paid! Do you think this guy would have got that deal going in represented? You tell me! The builders sales rep would have made mincemeat out of him...you know the saying "its kind of like having sex with a gorilla, its not over till the gorilla says its over" This guy would have paid what ever the builder said he was going to pay, as soon as they knew he wanted the house...of course they would have manipulated the wording and made it sound like he was getting the deal of a lifetime....One thing I have come to realize in the real estate game is every deal is like a court trial at times....two lawyers hashing it out. if you don't have a backbone and know when to use it...in a tactful way, sometimes not, your client will see your skills appreciate your possession and never question weather they should use realtor or not...I know these particular clients will not....! www.StevesHomeSearch.com!

Livermore real estate holding steady

Its been several weeks now and home sales in Livermore are holding steady. more info www.steveshomesearch.com There is of course the occasional seller that "just wants out" and drops there home 15% under other active comparables in there area. This does two things: first it throws of comps in broad spectrum compared to the realistic average sale of other comparables with other Livermore homes in there area. second: it makes it that much harder for people trying to re-fi at higher LTV because an impatiant seller got sweaty palms and panic sold there Livermore home. Attention Livermore sellers: If you do not need to sell now don't! Rent out your Livermore property. Rents in Livermore are super strong right now. There is a shortage of Livermore homes for rent due to the decrease in investors and everyone "getting out" of the market. I predict rents will increase 20-30% in the next year! I have already increased rent on my Livermore homes 20% in the past year. Another thing is where are all these people going into foreclosures and short sales going to go???? You guessed it, rentals are in huge demand right now.....go buy some Livermore homes and rent'em out while everything is on sale! If you do have to sell, it is pretty typical of a home to be on the the market 8 to 12 weeks or so....so prepare yourself. Plan your timeframes accordingly if you want top dollar for your home. It will sell if its nice and priced right in this Livermore buyers market. If you would like to get a quick snapshot of what your Livermore home is worth go to my site www.steveshomesearch.com click on my home value quick & plug in your address. Results in less then 30 seconds. This is a great tool. Thank you for reading my post sincerly, Steve Eveleth

Livermore Market Picking up stream

While other agents are wondering what they are going to do in this so called "slow market", I am compelled to scream ALL ABOARD on the next train to Livermore. My phone rings off the hook some days from prospect buyers looking for a good deal on a piece of the Livermore real estate pie. It is my experience that anything 5-10% under recent Livermore comps there is a never ending supply of pre-approved buyer's ready for the take. With Livermore real estate being the true last stop before the "over the hill" trip I would like to say one thing to Pleasanton, Dublin, San Ramon and even Danville agents: Might as well get use to the fact that Livermore is soon going to be the place to be maybe sooner then you think.....we've got it all...where else will you find two national labs employing over 9000 people, Rodeo grounds, 48 whineries, airport, hindo temples, two lakes, unique restraunts, performing arts theator all within 5 miles??????