Gevon Polgar - Real Estate

Here we have a fine piece of Real Estate in Mountain House, CA. One of a kind gorgeous, tastefully remodeled Bethany Home just walking distance from award winning Bethany School in Mountain House. Stunning Hardwood floors and remodeled kitchen with granite counters, custom backsplash and stainless steel appliances. This beautiful home also boasts Elegant Designer paint throughout the home, new carpet, second floor balcony for relaxing, the list goes on! Must See! Hurry won't last! If you or anyone you know is interested in this property or interested in buying or selling in or around Mountain House, don't hesitate to call me anytime. 

Building permits for single-family homes rose 1.8 percent in December to a rate of 444,000 units compared with November, according to a joint release by the U.S. Census Bureau and the Dept. of Housing and Urban Development. Single-family housing starts rose 4.1 percent to a seasonally adjusted annual rate of 657,000. An estimated 611,900 housing units were authorized by building permits in 2011. This is 1.2 percent above the 2010 figure of 604,600. Approximately 606,900 housing units were started in 2011. This is 3.4 percent above the 2010 figure of 586,900. Gevon Polgar

California home sales rise in December, posting 11-month sales high California home sales rose for the third consecutive month in December, marking the highest level since January 2011, according to data from C.A.R. Sales also were up from a year ago, marking the sixth consecutive annual increase. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 520,940 in December, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. December’s sales were up 3.3 percent from November’s revised pace of 504,420 and were up 0.1 percent from the revised 520,330 sales pace recorded in December 2010. The statewide median price of an existing, single-family detached home posted its second consecutive monthly gain, increasing 1.8 percent to $285,920 in December, up from a revised $280,960 in November. However, the median price was down 6.2 percent from the r...

Mortgage Rates Reach New Record Lows Daily Real Estate News | Friday, January 13, 2012 Mortgage rates were back to hitting record lows again, pushing housing affordability even higher to home buyers, Freddie Mac reports in its weekly mortgage market survey. For the sixth consecutive week, the 30-year fixed-rate mortgage, the most popular choice among buyers, has averaged below 4 percent — unheard of until a few weeks ago. "Mortgage rates eased slightly this week to all-time record lows following mixed indicators in the labor market,” Frank Nothaft, chief economist at Freddie Mac, said in a statement. The economy added 1.6 million jobs in 2011 — the highest number since 2006 — but overall unemployment still remains high, Nothaft noted. Here’s a closer look at rates and the new record lows they posted for the week ending Jan. 12: 30-year fixed-rate mortgages: averaged 3.89 percent, with an average 0.7 point, reaching a new all-time low. Previously, 30-year mortgages’ rec...

After getting the good news on a Friday night that their offer topped all the others on a foreclosure in Vacaville they wanted as their retirement home, Jack and Donna Pfister spent the weekend packing. But the following Tuesday they were told the bank had decided to go with an all-cash buyer, whose offer was $25,000 less than the $475,000 offer from the Pfisters. "My husband was heartbroken," said Donna Pfister, of Rodeo. "I was heartbroken because he was heartbroken. ... Right now, we both feel kind of let down." The Pfisters are far from alone. In the Bay Area, about one-fifth of all homes sold in July were purchased by absentee buyers, mostly investors looking for rentals or properties to fix up and then sell, according to DataQuick, a real-estate reporting service. About six out of 10 absentee buyer transactions (which can also involve second-home purchase) were all-cash purchases. In July 2010, absentee buyers accounted for 17.4 percent of home sa...

Let's go look at some NEW Homes For Sale in Mountain House !! THE ADVANTAGES OF BUYING A NEW HOME In this economic atmosphere, the prospects of getting a good deal may lure your clients toward buying a short sale or REO. But while up-front costs may seem lower on an REO or short-sale, buyers often end up paying in other ways. Here are five advantages of buying a new home to think about: 1. NO REPAIRS. With a short sale or REO, the previous owner may have stopped maintaining their property. That means your client could end up with expensive repair bills. But new home purchases often include builder warranties for workmanship, materials, and structural problems to help protect your client against large out-of-pocket repair expenses. 2. NO SURPRISES. With a new home, what you see is what you get. With an REO or short sale, what you might not see is what you get. New home purchases often come with many disclosures from the seller, though in reality, very lit...