If you’re in the market for a Dublin Ranch condo or townhome, you have a couple of options: be aggressive in trying to get your offer accepted, or wait it out for the market to return to more favorable terms for buyers. The Months’ Supply of Inventory in Dublin Ranch for condos and townhomes has, since the beginning of the year, been on a steep decline. That’s good for sellers, but bad for buyers. When the market tips this strongly… read more →
Readers of our blog will know -‐ one of the ways we measure the “velocity” of the market for Dublin Ranch homes is by looking at the “Months’ Supply of Inventory” or “MSI.” It’s because it makes something complicated it an easy thing to understand. Think of it this way: if no more homes come on the market after today, how long would it take to sell through the current inventory at the rate that homes are selling? If the… read more →
The real estate market for Dublin Ranch condos and townhomes has changed significantly over the last year. Demand increases are on the rise, and there are quite a few reasons why — lenders have slowed down on foreclosing and have allowed a wider variety of work-out options for owners in distress. For owners who can’t afford a work-out option, short sales are taking much less time and that means properties don’t have to be marketed and re-marketed when homebuyers eventually… read more →
Little by little, month by month, the market for Dublin Ranch condos and townhomes is inching toward a seller’s market. It’s still a good time to buy, but each month that goes by sees less supply and more demand. Looking at the “Supply and Demand” statistics published by Terradatum, the condo/townhome market here in the City of Dublin has seen a 36% drop in supply, and a 22% increase in demand, since this same time last year. Inventory has seen… read more →
According to statistics published by Terradatum, our local real estate market here in Dublin Ranch has made a sharp turn for the advantage of sellers of single family homes. Inventory has plummeted from 74 homes for sale in October to only 44 homes for sale in November, but that hasn’t stopped home buyers from wanting to buy! The result is a strong seller’s market; there are only 36 days’ inventory in the City of Dublin. For those of you who… read more →
Sellers of Dublin Ranch single-family homes have something to celebrate — the real estate market continues to be in their favor! “Months of Inventory” for last month was at just below two months, which is a good seller’s market. People ask us, all the time, “How’s the real estate market?” We’ve found that the easiest way to describe any market is by talking about the “months of inventory” statistics. This stat measures the length of time, with current buying activity,… read more →
The number of Dublin Ranch detached homes on the market has decreased 69% since December of 2007! Even over just the past 6 months inventory has fallen by 48%. As the Dublin Ranch community remains in steady demand, asking prices will continue to climb. This strong seller’s market offers excellent news for Dublin Ranch homeowners, as home equity builds with the inclined market value. Those of you who are a little more real estate savvy may wish to point out… read more →
The value of Dublin Ranch homes, whether they be single-family homes, or condos and townhomes have stabilized for the time being. That’s good news. The concern is how long that change is going to be around… It’s true, there are a LOT more loans that are in default right now than are actually being foreclosed. I remember reading recently that only about 5% of the loan modifications from the “Making Home Affordable” program are actually going through, and that’s not… read more →
If you’re looking to buy in the Dublin Ranch area and detached homes are your thing, you’re likely to find you’re not the only one. I suppose that went without saying, considering just how desirable this neighborhood is. The point I’m trying to make is that the number of available homes in Dublin Ranch is significantly low. With less than a month of inventory on the market you’re going to be dealing with serious competition. Not all of that is… read more →
Real estate in December is rarely exciting. Most everyone is spending extra time with family and friends who are in town or they’ve gone out of town themselves. Typically, that means deals have to be put on hold and often it means new listings get put off entirely. So, why did I grab your attention with yummy breakfast foods? Well, let’s just say the December numbers for Dublin Ranch townhomes and condos haven’t exactly been typical. New listings and the… read more →
As more and more owners of Dublin Ranch condos and townhouses put their properties on the market to take advantage of the recently developed seller’s market, we’ve begun to see a relatively stable inventory develop. Since April of 2009 there have been two to three months of inventory on the market. While this is indicative of a seller’s market and the majority of the “too good to be true” deals have passed, it’s still a good time to invest in… read more →
Great news for owners of Dublin Ranch homes today – the real estate market is strongly tipping in their favor as demand for Dublin Ranch Homes is up 107% since October, 2007! According to Terradatum, an independent analyzer of real estate data, the demand for Dublin Ranch homes has nearly doubled in the last couple of year. Maybe we can all start to breathe easier… the years of taking a beating on home values seem to be over. Another interesting… read more →
We heard so much about the Real Estate Rescue Plan for so long; was it worth the wait? Before the President’s speech in Phoenix this week, the expectation of many in the real estate community could have been likened to the Second Coming of Christ. So now it’s here, and you have a home in Dublin Ranch – will you qualify for help with your mortgage? The truth is, probably not. There are a couple of reasons for that. We’ll… read more →
Amidst a firestorm of bad news surrounding the economy, the stimulus package, and the housing market there was, last week, a glimmer of hope for our Dublin Ranch neighbors and friends who are owners of Dublin Ranch homes. Are you as shocked as we were? You would have loved to have been a fly on the wall at some of the holiday parties I attended last year. Obviously, one of the first questions anyone has after “What is your name?”… read more →
