Living in Contra Costa County: California: Pittsburg

Commuting From Pittsburg Ca

Commuting From Pittsburg Ca

When people consider homes in East Contra Costa County Commuting is always a key issue.  We have beautiful and affordable homes, but some people think they are a little far from where they work.

What I see is many people moving out this way that commute in off hours, work less (as they have a much smaller house payment) or use public transportation.  Many are excited about the expansion and widening of Highway 4 as well as the eBART Light Rail System going in.  

Some people choose Pittsburg Ca as a place to live as the Commuting is easy.  Railroad Avenue provides a short cut all the locals know - keep going up the hill and it become Kirker Pass Road and lands you in the heart of Contra Costa County on Ygnacio Valley Road.  Walnut Creek and Concord are major job centers accesable from Kirker Pass Road. 

Pittsburg Ca is also close to BART in Bay Point and is very close to the pass on Highway 4 that brings you right down to the wide highway and the 242 Junction; from that point many have smooth sailing.

Pittsburg Ca provides fine housing at an affordable price with an easy commute.  Take a look at these homes and then let me know what you would like to see.

Pittsburg Ca Deep Water Dock Homes

Pittsburg Ca Deep Water Dock Homes

People don't often think of Deep Water Dock Homes when they think of Pittsburg Ca.  Well if you drive through the wonderfully redeveloped Old Town Pittsburg down towards the water not only will you find a Marina but you will find a community with Deep Water Dock Homes.

Pittsburg sets right on the Sacramento River just before if flows into the San Francisco Bay and is ideal jumping off spot of boating, fishing, water skiing or touring the delta. 

These Deep Water Dock Homes are very affordable and with the revitalized Pittsburg Ca downtown I think the value can only go up.  

Take a look at the map below and see if there are any homes on the water right now!  E-mail us and tell us what you want in a home and we will send you a list of homes and information to help you get the home for you!

Investment Property - Pittsburg California - Turnkey 13% Cap Rate

Turn Key Investment 13% Cap Rate


Overview
Maps
Photos
Features
Neighborhood
Market Stats


















$139,000
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
1 Unit
Interior: 1497 sqft
Lot: 6,095 sqft
Location
43 Ramona
Pittsburg, CA 94565
USA

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Eugene Riemenschneider

Eugene Riemenschneider

HomePointRealEstate
(925) 260-4321
Gene@HomePointRealEstate.com
http://HomePointRealEstate.com



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Buying a Home in Pittsburg CA 94565

Buying a Home in Pittsburg CA 94565

Many people are thinking about Buying a Home in Pittsburg CA 94565 - Well it is time to stop thinking about Buying a Home and actually Buy a Home. 

Prices are low and interest rates are low Buying a Home is as easy and affordable as it has ever been. Pittsburg CA 94565 is popular with people Buying a Home for many reasons.  It offers affordable homes in nice neighborhoods, fine parks, revitalized downtown, new schools and it provides an easy commute to Central Contra Costa County and beyond.

If you are looking at Buying a Home in Pittsburg CA 94565 or beyond call Gene with Home Point Real Estate or e-mail me directly.

Pittsburg California 94565 Homes for Sale

Pittsburg California 94565 Homes for Sale

Pittsburg California 94565 is a dynamic East Contra Costa Community.  Homes for Sale in Pittsburg California 94565 are very popular as people see the value in the community.  What is it people see in Pittsburg California 94565 that make them want to live here:

  1. Quality Affordable Homes for Sale!

  2. Many fine parks and community activities.

  3. A revitalized Down Town.

  4. Easy Commute to Central Contra Costa County and beyond via Highway 4, Kirker Pass Road, and Bailey Road.

  5. Opportunities for real appreciation in Home Values.

Although Homes for Sale are well priced and bargains can be found the market is tighter than many people think.

There are 145 Homes for Sale in Pittsburg California 94565 right now.  However only 52 of those are Bank Owned Homes and 65 are Short Sales.  In April 76 Homes sold and in March 84 Homes sold.  However, there are 209 Short Sale Homes Pending and only 24 closed escrow in April and 22 in March.

Why I find the above interesting is that is shows of the Homes for Sale on about 11% of the Short Sale Homes will actually close escrow.  This means the effective number of Homes for Sale is far less than 145 and is probably less than 100.  The supply of actual supply of homes is less than 2 months - Pittsburg California 94565 is a Sellers Market.

Short Sale Homes are also selling higher than most Homes for Sale in Pittsburg California 94565 and Bank Owned Homes.  The average sold price of Homes for Sale per SF is $109 and for Bank Owned Homes it is $97.00, but for Short Sales it is $111.00.

For more information on Homes for Sale in Pittsburg California e-mail me directly or go to HomePointRealEstate.com.  Get a Free Book on 19 Things you need to Know to Short Sale Your Home or a Book on Buying a Short Sale Home.  Get free information on Bank Owned Homes.

Investment Property - Pittsburg California 94565 - 10% Cap Rate!

Investment Property - Pittsburg California 94565 - 10% Cap Rate!

This Fantastic Property is an excellent opprotunity for a Real Estate Investment.  This is the best value on a 4 bedroom - 2 bathroom home in Pittsburg California 94565. 

Investment Property Pittsburg California 94565

This wonderful home has expansive interiors with Living Room, Family Room and an eat in Kitchen.  Located in a popular area of Pittsburg California it provides an Easy Commute to Central Contra Costa County or to nearby BART.

Currently it is occupied by tenants and based on current owners experience there would be a 10% CAP Rate at this price.  With 25% Down at market rates these home would provide an aproximate ROI of 18%.  ALL NUMBERS ARE ROUGH FIGURES BASED ON EXPERIENCE AND CURRENT RENTAL AND LENDING MARKETS.  ALL PERSPECTIVE BUYERS SHOULD RUN THEIR OWN PROJECTIONS.  PROJECTIONS DO NOT FACTOR IN VACANCY.

To view or for more information call 925-260-4321 or E-mail me Directly.

Homes for Sale Pittsburg California 94565

Homes for Sale Pittsburg California 94565

If you are looking at Homes for Sale in Pittsburg California 94565 consider these figures.  The number of Homes for Sale in Pittsburg California 94565 that sold jumped over 22% in March from February.  However, prices dropped about 3% based on price per SF from $103.00 to $100.00.

Did more Homes for Sale sell because prices dropped? I suspect that might be part of it, but we have less than a 3 month supply of Homes for Sale on the market, which is a sellers market. 

However, there may be other causes.  Homes for Sale in Pittsburg California 94565 are popular with investors who are hunting out distressed properties and paying cash for fixer uppers.  I suspect that Homes for Sale in Pittsburg California 94565 are retaining there value and maybe even improving in value.  In fact the influx of Investors buying Homes for Sale in Pittsburg California 94565 will actually improve home values as they will invest money into fixing up these distressed homes. 

There are a lot of factors that go into the prices of Homes for Sale, never take one number and try to read too much into it, but look at all the trends and realize that many of these things vary from month to month and season to season.  Often times you cannot spot a trend until it has passed.

If you are looking at Homes for Sale in Pittsburg California 94565 or beyond; or are considering selling a home go to HomePointRealEstate.com for more information or e-mail me directly.

Bank Owned Homes for Real Estate Investors – Pittsburg California 94565

Bank Owned Homes for Real Estate Investors – Pittsburg California 94565

Real Estate Investors love the great Investment Properties in Pittsburg California 94565 because they are well priced and demand good rents providing excellent Cap Rates and Return on Investment.

People want to live in Pittsburg California 94565 because of the easy commute to Central Contra Costa County and the affordable lifestyle it offers.

The best buys on Investment Properties in Pittsburg California 94565 are Bank Owned Homes. Bank Owned Homes have now dropped to less than ¼ of the Market in Pittsburg California 94565.

However, even with Bank Owned Homes being in Short Supply, with less than two months worth of homes on the market, they are selling for 10% less than the average Home Sale in Pittsburg California 94565. This is a significant savings that will increase the bottom line of any Real Estate Investor.

For more information on Bank Owned Homes go to HomePointRealEstate.com and request our information packet on buying Bank Owned Homes.

Click here to get a Free Book on Real Estate Investing!

Home Point Real Estate is a full service Real Estate firm located in Brentwood California and serving the East Contra Costa County Communities of Brentwood, Oakley, Discovery Bay, Antioch, Pittsburg and beyond.

Originally Posted at RealEstateInvestorInsites.com.

Selling a Home in a Short Sale Pittsburg California 94565

Selling a Home in a Short Sale in Pittsburg California 94565

Selling a Home in a Short Sale is one of the biggest challenges in Real Estate.  In Pittsburg California 94565 there are 96 Short Sale Homes on the market, which is almost half of the homes for sale. 

Right now there are 155 Short Sale Homes Pending in Pittsburg California 94565.  Pending can mean that the home is in contract, and that it is in some stage of working towards closing.  For most of these these means waiting on approval from the bank for the Short Sale.

In January 17 Short Sale Homes sold in Pittsburg California 94565 and 23 sold in February.  These means only one in every 7 to 8 Short Sale Homes pending closes each month.  The reality is many of the Short Sale Homes never actually end up selling. 

However, Recently the HAFA Short Sale program was revised and it should be speeding up the process of Selling a Home in a Short Sale.

If you want to find out about Selling a Home in a Short Sale contact us for information on the HAFA program and request our Free Booklet on Nineteen Things You Need To Know To Short Sale Your Home.  I am an experienced Broker with a SFR (Short Sale & Foreclosure Resource) Designation and will work with you to find alternatives to selling or guide you through the Short Sale if this is the best option for you.

If you are looking to buy a Home, with Short Sales dominating the Market in Pittsburg California 94565 you may have to consider making an offer on a Short Sale Home. 

We can help you determine which Short Sale Homes are most likely to get Bank Approval and guide you on how to put together the best offer possible on a Short Sale Home.  Get our Free Booklet on Buying a Short Sale Home.

Our goal at Home Point Real Estate is to help you meet your Real Estate Goals.  Home Point Real Estate is in Brentwood California, serving the East Contra Costa Communities of Brentwood, Oakley, Antioch, Pittsburg, Discovery Bay and beyond.

Buying a Home in Pittsburg California 94565

Buying a Home in Pittsburg California 94565!

Buying a Home in Pittsbburg California 94565 is an exciting opportunity.  Pittsburg California 94565 offers an easy commute to central Contra Costa County while providing fine affordable housing.

Right now there are 197 homes available if you are looking at Buying a Home in Pittsburg California 94565.  The Average Asking price is $187,704.00 or $110.00 per SF.  In January 47 homes sold in Pittsburg California 94565 and 50 sold in February with an average price per SF or $106.00. 

For those Buying a Home this is a good time with low prices and low interest rates.  The Supply of Homes in Pittsburg California 94565 is 4 months, this is considered a Balanced market.  (Anywhere from 4-7 months is considered balanced.) However, the abundance of Short Sales makes the market seem more buyer friendly than it is.  Many Short Sales never close so the actual number of available homes if you are Buying a Home in Pittsburg California 94565 is much less.

Make sure you have Prepared Before Starting out Buying a Home.  Do you know the four loans that take the lowest down payment in this area?  Do you understand Bank Owned Homes?  Short Sales? Are you looking to Invest?

Home Point Real Estate is here to help you with Buying a Home, Selling a Home in Pittisburg California 94565 or Beyond.  Call us or e-mail us with any questions you might have.