Real Estate
OPEN HOME GUIDE AND REAL ESTATE LISTINGS
Low rates lead to more refinancing
OPEN HOMES THIS WEEKEND
Alamo 5 BEDROOMS 16 Garden Estates Ct Sat/Sun 1:30-4 Alain Pinel Realtors
5 BEDROOMS 3030 Picholine Dr Sun 1-4 J. Rockcliff Realtors $1,554,000 314-1111
Danville 3 BEDROOMS 7220 Johnston Rd. Sun 1-4 Coldwell Banker
Dublin 2 BEDROOMS 3456 Palermo Way Sun 1-4 Moxley Team
$466,500 600-0990
4 BEDROOMS 11234 Rolling Hills Dr Sun 1-4 Coldwell Banker
$820,000 847-2200
5 BEDROOMS 7900 Shannon Ct Sun 1-4 J. Rockcliff Realtors
$1,095,000 251-2500
Livermore 3 BEDROOMS 523 Heligan Lane Sat 11-5/Sun 1-4 Coldwell Banker 4892 Rhonda Ln Sat/Sun 1-4 Coldwell Banker
Pleasanton 2 BEDROOMS 5641 San Carlos Way Sat/Sun 1-4 J. Rockcliff Realtors
$1,948,000 847-2200
$939,000 667-2100
$409,000 251-2500
4 BEDROOMS 5802 Arthur Drive $800,000 Sun 1-4 Fabulous Properties 519-8226 4444 Foothill Rd $1,890,000 Sun 1-4 Keller Williams Tri-valley 397-4200 4264 First Street $949,950 Sun 1-4 Weiner McDowell Group 251-2585 5 BEDROOMS 4116 Grant Ct $1,699,000 Sun 1-5 Alain Pinel Realtors 251-1111 1368 Bordeaux Street $1,379,000 Sun 1-4 Keller Williams Tri-valley 397-4200 1023 Sycamore Creek Wy $1,490,000 Sun 1-4 Keller Williams Tri-valley 397-4200
San Ramon $520,000 847-2200 $598,000 847-2200
4 BEDROOMS 109 Barberry Ln $925,000 Sat 3-6/Sun 1-4 Keller Williams Tri-valley 397-4200
Find more open home listings at pleasantonweekly.com/real_estate
WHO’S SELLING
IN
COMING SOON IN PLEASANTON
BY JEB BING
Mortgage applications increased 16.9% from one week earlier, according to data from the Mortgage Bankers Association’s for the week ending July 13. The Market Composite Index, a measure of mortgage loan application volume, increased 16.9% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 46% compared with the previous week. The Refinance Index increased 22% from the previous week and is at the highest level since mid-June. “Refinance application volume increased last week to near peak levels for the year as mortgage rates dropped to a new low, driven down by growing concerns about the health of the U.S. economy,” said Mike Fratantoni, MBA’s Vice President of Research and Economics. “Applications for HARP refinance loans accounted for 24% of refinance activity last week, in line with the HARP share for the past few weeks.” HARP is the government’s Home Affordable Refinance Program. The refinance share of mortgage activity increased to 80.1% of total applications, up from 77% the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 4.1% of total applications. In June, the number of both purchase and
refinance applications increased the most in the West-South Central region, with a gain of 22.0% in purchase and 63.7% in refinance applications. The region with the smallest increase in purchase applications was the New England region, growing by 9.4% while refinance applications increased the least in the Pacific region with a gain of 30.9%. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) decreased to 3.74%, the lowest rate in the history of the survey, from 3.79%, with points increasing to 0.45 from 0.36 (including the origination fee) for 80% loanto-value ratio (LTV) loans. The effective rate decreased from last week. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $417,500) decreased to 3.98%, the lowest rate in the history of the survey, from 4.05%, with points decreasing to 0.32 from 0.34 (including the origination fee) for 80% LTV loans. The effective rate decreased from last week. The average contract interest rate for 30year fixed-rate mortgages backed by the FHA decreased to 3.55%, the lowest rate in the history of the survey, from 3.63%, with points increasing to 0.44 from 0.36 (including the origination fee) for 80% LTV loans. N
YOUR NEIGHBORHOOD 2730 SPINOSA CT, PLEASANTON — OFFERED AT $715,000 Gorgeous home in desirable Stoneridge Place. 4 beds, 2.5 baths & approx 2051 sf living space. Hardwood flooring, granite kitchen, designer paint throughout. Community pool! Close proximity to award winning Mohr Elementary School.
G MINN O C SOO
DRE#01339527
Cindy Whitehand Better Homes & Gardens Tri-Valley Realty
Rare Pleasanton downtown custom with commanding views of everywhere! 4 bedrooms, 3 bathrooms, nearly 2200 sq. ft. on a 1/2 acre. Needs cosmetic help. Will be priced in the low $800,000s.
Attention sellers — now is the perfect time to sell!
EN OP 1-5 SUN
DRE#00851294
(925) 437-5830 direct fred@valleybrokers.net
cindy.whitehand@bhghome.com
4116 GRANT CT, PLEASANTON — OFFERED AT $1,699,000
Offered by
Fred Hempy, Broker/Owner
(925) 200-4102
Custom home in Kottinger Ranch. 5/4 large bedrooms, 3.5 baths, 4072 sq. ft. of living area. 21,000 sq. ft. premium lot with a huge side access. Custom pool and waterfall plus a 5 car garage. This home has it all!
DRE#00697341
Mark James Alain Pinel Realtors
(925) 216-0454 markjames@apr.com
To advertise contact Andrea Heggelund at (707) 363-1934 (cell) or aheggelund@pleasantonweekly.com. Initiatives: Who’s Selling in your Neighborhood, Buying and Selling (Aug. 17), and Pleasanton Life 2012-13 (Sept. 21). Page 20ÊUÊJuly 27, 2012ÊUÊPleasanton Weekly