Tag Archives: orinda

How Did the Lamorinda Real Estate Market Look in Q4?

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Here’s a look at Lafayette, Moraga and Orinda’s Quarter 4 Real Estate Market Report.  There are lots and lots of very qualified buyers out there who are waiting for houses to come on the market. The spring market typically starts this weekend (the weekend after the Super Bowl).  Will we see the inventory pick up?  (Email us if you would like us to send you a clearer copy – BrydonIvesTeam@apr.com.)

Q4 Contra Costa Market

New Glorietta/Orinda Listing – Opportunity Knocks on This Gem!

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Corte Expansive Yard Corte Bombero Front

 Corte Living to Dining Room

As you drive through the black iron-gate w/brick columns & view this absolutely charming 3 BR / 2 BA home, you begin to imagine the opportunity that lies in front of you. This turn-key 1,251+/-sq. ft. home has been updated throughout. The .51+/-ac lot is a canvas on which you can paint your perfect picture. Dont miss this special gem!

Offered at $689,000   www.9CorteBombero.com

Where are the Lamorinda Listings?!?!?

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Where are the Lamorinda listings?!?  We have buyers anxious, qualified and ready to pull the trigger. Do you know of anything that may fit our buyer’s needs?
*Up to $2.8k in Lamorinda with large flat lot.
*Up to $1.8k in Lamorinda
*Up to $1.7k in Lamorinda with 4+ bedrooms, 3,000sf+, nice yard
*Up to $1.7 in Lafayette (Baywood)
*Up to $1.2k in Lamorinda with 4+ bedrooms
*Up to $900k in Lamorinda with 4+ bedrooms, some flat yard
*Up to $800k in Lamorinda with 3+ bedrooms, some flat yard
*Up to $700k in Orinda or Lafayette, 3+ bedrooms, some flat yard

Crystal Ball Sees Stability in 2012

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“After years of decline, housing prices are expected to stabilize or even increase in some parts of the Bay Area this year, according to a new forecast.”  This is according to an article written by Pete Carey in today’s Contra Costa Times (January 9, 2012). http://www.contracostatimes.com/bay-area-news/ci_19691780

The article states that Bay Area home prices in the San Francisco-East Bay metro area were down 4.7% in 2011 and are expected to increasd 0.1% in 2012. (Source: Clear Capital)

The lack of inventory in the Lafayette, Moraga, Orinda (Lamorinda) area has been our biggest hurdle. Due to this fact, many homes have moved quickly and have had multiple offers. These are typically houses that are turn-key with a nice flat yard area.

Interest rates will likely help continue this momentum with conforming rates below 4% and jumbo rates at or just above 4%.

We will just have to wait and see!