Jane Pacheco's (pachecorealty) Blog

Watch out for this bank owned condo that is soon to be on the market. Nestled on the hillside of Hayward just below CalState East Bay, this lower level condo unit is 1000 sq ft, with 2 bedrooms and 2 bathrooms.   25714 Spring Dr., Hayward, CA 94542.   Clean up is in progress...    

  If you have extra cash of at least $5,000, do you want to put this into good use and pay down your mortgage principal? You can actually do better than that. You can ask your lender to re-cast your loan payment based on the original interest rate and terms. The idea is to lower your payments fo...

  When my client decided to use his credit union to get a pre-approval letter to be used for making offers, he told me he really got a good deal with his bank. According to him, he has locked in his rate at 3.75% for 3 months, enough time for us to look for a home, make an offer, go in contract,...

  Real estate activity in Livermore was slowest in December compared to the last 12 months:   -         There were fewer homes sold. -         Home prices declined. -         Marketing time was longer. -         New listings dropped.   With 253 active listings and 186 pending sales, Livermore ha...

  When I transferred my membership from Santa Clara County Association of Realtors (SCCAOR) to Bay East Association of Realtors, I had to make sure all my lockboxes were also transferred over. To do this (and I did this yesterday), I had to visit three Realtor board offices.   1.      SCCAOR, in...

Can you guess which structures in the photo are made of mostly cardboard material? Answer: None of the foreground structures are real. This elaborate depiction of this town's cathedrals was meticulously built for a town celebration. I actually had to take a second look when we drove by this marv...

  There were more homes sold in Newark for the month of December compared to that of the previous month. Median prices increased as well for sold homes. The numbers are comparable to their levels a year ago.   Housing supply is healthy – less than 3 months worth of supply – as a result of increa...

  Home prices in Union City dropped to its lowest level in more than 12 months in December. At the same time, more home sales were recorded.   Current housing inventory levels are down in December; even so, it is still over 7 months worth of supply. Short sales make up the majority of homes on t...

  Despite a typically slow month, there was an increase in the number of homes sold in Hayward compared to the previous month. Median price of sold homes remained stable at $260,000.   The majority of closed sales in December were regular sales and REOs or bank-owned properties.   On the other h...

  Fremont’s real estate activity in December 2010 posted an improvement compared to both the previous month (Nov. 2010) and 12 months ago (Dec. 2009). This increase was recorded on the following parameters:   -         Increase in the number of sold homes -         Increase in median price of so...