Short housing inventory in California leads to record sales prices!

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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.

Sunday

Apr212013

Sunday, April 21, 2013 at 10:29AM

Due to the shortage of available housing in California, and in many other states, prices are soaring upward at record paces! Depending on the area and price range, some properties are gaining up to 10% value gains in 30 days...The past few months have shown us a Strong Sellers Market. Recently the market has settled to more of a steady flat sellers market. We are still in a sellers market but pricing is stable at the moment. This summer should produce a little bit more inventory but don't expect much...So if you find a home you can't live without, decide quickly and move on it. If you wait and ponder it to long another buyer will surely snap it up! Now is a great time to buy or sell so be sure to call or email me to discuss your options in today's changing Real Estate market. Cell 925.330.3878 Email stevepoirier@pacbel.net

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