#A Pleasant Realtor for Pleasant Hill - Mary Ann Cadorna - Real Estate Market Update

Did you know last check only 37% of the people in the San Francisco Bay Area are fortunate enough to buy a home? Don’t know if you’re ready? Check out Mary Ann Cadorna’s “A Pleasant Realtor for Pleasant Hill” Rule of 5 Formula:

1. Years of full time employment (2 years)
2. Income
3. Credit Score
4. Interest Rate
5. Home Prices

When your years of employment, income, credit score, interest rate and home prices can glean you a monthly payment that you are comfortable with, then you are ready. You see, there is nothing like having a fixed monthly housing payment, it can stabilize your life. Now that we are becoming a Renter Nation, and subject to increases by private and corporate landlords, your budget may not reach those yearly hikes! So if you fit Mary Ann Cadorna’s Rule of 5 Formula then take a hike from renting for owning is always better than paying for space to occupy.

You can call me: 415-928-9099 or email: MaryAnnCadorna@gmail.com Search the MLS at www.MaryAnn.REALTOR

But you’ve got to be able to afford the home along with the taxes and insurance. The taxes and insurance are the add ons to your monthly mortgage. However, your mortgage interest rate and property taxes are tax deductible (please see your tax adviser for specific details) now that is a benefit that renting doesn’t get you.

ACTIVE MARKET UPDATE:

We only have 10 active detached/single (no condos or town-homes) properties on the market today:

10 Active

No short sales, no REO’s (Foreclosure) and no contingent, back on market or price changes. The prices range from $529,000. to $1,049,999. Median price is $617,000., Average Price is $661, 094. Lowest list price was $495,000., and the highest is $1,049,999.

DOM/Days on Market: Average days on market is 79, Low 8, Median 22, and Highest days on market is 379. Days on market are dictated by the variables created by listing price, home’s condition, location, etc. Lower than market comp prices typically sell fast and the higher priced home stays on the market the longest.

Please do reach out if you need any real estate information, buying, selling or investing. I am here and just a phone call away at 415-928-9099 or email MaryAnnCadorna@gmail.com

By Mary Ann Cadorna

415-928-9099

Realtor® Residential & Commercial

CalBREo1345274

Realty ONE Group BMC Associates

CalBRE01522885

www.MaryAnn.REALTOR (Search MLS for properties)

www.MaryAnnCadorna.com (blog page)