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The Northgate Area-  Comprised of many neighborhoods with a lot of homes. Located in East Walnut Creek, most of the homes were built in the 50's, 60's, 70's and 80's and have long been popular for their traditional style single and two story floorplans. 

New Northgate- Some of the newer constructed Walnut Creek homes are located in the Northgate Area. Subdivisions like Rancho Paraiso were built throughout the 90's by Herald Smith Construction. 

The Woodlands- Once nothing but farmland and walnut groves. This all changed in 1961 and 1962 when several developers, including Leadership, MacKay and Hofman, were the first to break ground and build the Woodlands.

Lake Lakewood Area- It's always a surprise to anyone who doesn't know, that there's a lake in Walnut Creek. Lake Lakewood was man made and has a lot of history. Most of the home development in Lakewood began in the 1930's when it was expected that the opening of the Caldecott Tunnel would increase demand for homes in Walnut Creek.

Crystyl Ranch- Crystyl Ranch is a beautiful neighborhood nestled in the Mt. Diablo foothills of Concord, Ca. Located between Walnut Creek and Clayton, homes in Crystyl Ranch are close in proximity to parks, shopping, dining, entertainment, schools and just about the best the East Bay has to offer.

Elderwood Glen- Elderwood Glen is a subdivision located in Martinez, Ca. There are 55-60 homes, homes range from 3-5 bedrooms and are known for their spacious rooms. Elderwood Glen is also centrally located to downtown Martinez, downtown Pleasant Hill, Concord, Lafayette and Walnut Creek. 

Chateau Ridge- Chateau Ridge is a wonderful neighborhood settled in the foothills of Martinez, Ca. The neighborhood has a private setting with most of the homes backing to the open space and green belt. 

Valley High- These beautiful homes were built by the well know builder, Davidon Homes.  There are many home models to choose from, ranging from single stories to split level homes. The 3-4 bedroom homes have luxury features including skylit entry halls, vaulted ceilings, wet bars, woodburning fireplaces and spacious Master suites.

Alamo, CA- Alamo, CA is an unincorporated community with high demand real estate. It is located in the East Bay region of the San Francisco Bay Area, nestled between Walnut Creek and Danville. The average home price in Alamo is $1.1 million in comparison to the average home price in the state of California at $347,000.

« The Lakewood Area | Main | Running Out of Time »
Friday
Apr162010

The Steve Poirier Update

DateFriday, April 16, 2010 at 3:55PM

Hello Everyone!

Wow where do I begin..there is so much to cover..lets get rolling...

CALIFORNIA WILL NOT TAX "FORGIVEN HOME DEBT".. Governor Schwarzenegger on Monday, signed SB 401 into law. This provides distressed homeowners with a state tax exemption on debt forgiven in a SHORT SALE, FORECLOSURE, or Loan Modification.

MORTGAGE RATES JUMP.. ^ Mortgage have been going up over the past few weeks. There are signs the rates the rates will continue to climb^. This is raising some concerns regarding the recovery of the very fragile housing market..

GETTING A LOAN IS GOING TO BE PRICIER As this economy continues to improve/mend, the cost of borrowing money for a big purchase (Jumbo Money) could start to increase.

FREE CREDIT REPORTS NOT FREE ANT LONGER.. Companies that offered free credit reports (Have you seen the two singing goof balls on that TV Commercial) appear to be skirting a new federal disclosure requirement designed to crack down on misleading advertising..to be continued..

In other news..

FOR SOME CALIFORNIA MARKETS BUBBLE-ERA (OOPS WAS THAT A BUBBLE??) PRICES ARE DECADES AWAY.. Now that the experts have had some time to mull over the data from the past couple of years, indicators are pointing out that bubble-era prices were outrageously overblown!! Home prices in some very hard hit areas wont return to those peak level prices for a long, long time..decades in some extreme cases, according to a recent report provided by; Fiserv, Inc.

LAST BUT DEFINITELY NOT LEAST IMPORTANT, BUT QUITE DISTURBING: FED-UP HOMEOWNERS WHO CAN'T PAY THEIR MORTGAGE SIMPLY ARE NOT..Here is the story.. There was a time not long ago (2-4 years to be exact) when most Americans would do almost ANYTHING to HANG ON TO THEIR HOMES!! That commitment appears to be fraying as more and more Americans fall behind on their home loans. The general home owner, tax paying citizen is SICK and TIRED of watching the financial institutions that along with our government, triggered this recent WORLD Financial crises return fully back to PROSPERITY while the rest of us are loosing jobs, income ETC and they are still showing record profits/Bonuses using out Federal Tax Money, this is a crime and NOBODY IS DOING A DARN THING ABOUT IT..I don't know about you but we need to ALL go to Capital Hill and DEMAND OUR MONEY BACK!!

Steve Poirier Executive Brokers

Don't miss my "Real Estate Marketing Minute" Stevepoirierrealty.com/Centralhubtv.com

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