Just Listed! 2853 Victoria Ridge Court, Pleasanton

  • Victoria Ridge FrontEnjoy spectacular views of the Valley and Mt. Diablo from practically every room of this beautiful custom home located on an exclusive cul de sac.
  • Gourmet kitchen with breakfast nook and adjacent family room.
  • Decadent Master Suite with private deck, 3 sided fireplace, steam shower and jacuzzi tub.
  • Formal Dining and Living Rooms plus Downstairs bedroom and full bath.
  • Four decks, in ground spa, three car garage and so much more!
  • Click here to tour this stunning home.

Just Listed! 5162 Muirwood Drive, Pleasanton

Single Story with Great Potential!

  • MuirwoodDesirable Westside 3 bedroom, 2 bath home.
  • Incredible Opportunity to Upgrade with Your Design Choices.
  • Access to superb amenities including Top Schools, Parks, Shopping, and Freeways.

Click here to view more photos and information.

Government Approves Loan Limit Increases

Dollar Sign The Office of Federal Housing Enterprise Oversight (OFHEO) today announced it has temporarily increased limits on jumbo loans offered by government-sponsored lenders Fannie Mae and Freddie Mac from $417,000 to as high as $729,750 in fourteen counties for loans originated between July 1, 2007 and Dec. 31, 2008.  Fannie and Freddie are reported to be working out new underwriting standards and expect to begin offering the new loans soon.

Also, on Wednesday, the government raised the conforming loan limit for mortgages guaranteed by the Federal Housing Administration(FHA), and has begun offering the maximum limit of $729,750 for 14 California counties(including ALAMEDA), up from $362,790, for loans originated between now and Dec. 31, 2008.

The Fed’s economic stimulus package approved earlier this year called for the temporary increases on conforming loans to allow troubled borrowers to refinance out of sub-prime loans and make it easier for many new buyers to qualify for mortgages in high-cost areas, particularly in California where they remain among the highest in the nation. (Information provided by CAR.)

Click here to view a list of the new FHA Mortgage Limits by county.

Questions about the new loan limits? Thinking about buying? Contact us for a consultation.

Pending in 18 days!

Who says we’re in a declining market?

Our most recent listing at 3737 Rocky Mountain Court in the Valley Trails community of Pleasanton went into contract after being on the market only 18 days. And our listing was not the only property in Pleasanton to go into contract quickly.

Of the 51 single family homes and condominiums that went pending in February, 28 were on the market less than 30 days.  No single price point went pending faster than any other. These 28 homes ranged in price from $435,000 to $1,150,000.

We’re proud to say that our listing at Rocky Mountain Court received two offers in less than two weeks. 

Our team prepared this home for the best possible offer in the shortest period of time. The home was prepared for sale with pre-sale inspections and repairs, as welll as strategic interior staging. Aggressive marketing to today’s buyer (that means the Internet) got the word out about this home. Most importantly, the home was priced right.

Thinking of selling your home? Contact us for a consultation.