Orinda weather today was PERFECT! 74 degrees with a little breeze. Along with the weather, the Orinda Real Estate Market is starting to heat up. Inventory is starting to increase and buyers are making offers quickly on good properties that are priced well. Take a look at all of the Orinda Homes For Sale and see if anything catches your eye.
If the teams advance according to seedings, Miramonte will play @ Campo for a chance to play in the North Coast Section Championship game. Mark your calendar for Wednesday the 29th as the date the game will take place if both teams take care of business, and get there early! Sure to be a SRO sellout.
If you are looking to buy or sell Real Estate in Orinda, or any of the surrounding communities, take a look at the MLS yourself by going to www.orindahomesearch.com
Many extraordinary accomplishments have occurred throughout the district recently.
AUHSD students reach such heights due to the educational climate provided through numerous sources.
*Originally posted by the California Association of REALTORS, Realegal
Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive. Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupied as provided under California law.
Under the federal law slated to soon expire, a first-time homebuyer may receive up to $8,000 in tax credits, and a long-time resident may receive up to $6,500, for certain purchase contracts entered into by April 30, 2010 that close escrow by June 30, 2010. Additionally, under a newly enacted California law, a homebuyer may receive up to $10,000 in tax credits as a first-time homebuyer or buyer of a property that has never been occupied. The new California law applies to certain purchases that close escrow on or after May 1, 2010 (see Cal. Rev. & Tax Code section 17059.1(a)(4)). California law generally allows buyers of never-occupied properties to reserve their credits before closing escrow, but buyers seeking to combine the federal and state tax credits will not be able to satisfy the timing requirements for such reservations (see Cal. Rev. & Tax Code section 17059.1(c)(1)(A)). Other terms and restrictions apply to both tax credits.
For more information, C.A.R. offers a Homebuyer Tax Credit Chart with a side-by-side summary of the federal and California laws. C.A.R. also offers a legal article entitledHomebuyer Tax Credit Update.
4 bedroom homes for sale in Orinda are typically a hot commodity. As in most communities, the 4 bedroom home in Orinda is the most sought after model. Since January 1st, 2009, 87 4 bedroom homes have sold in Orinda. The average price for these sales is $1,175,000 and the median is $1,085,000. The average number of days on the market was 53. 15 of those sales have taken place this year. For those 15, the average price is $1,063,267 and the median is $1,160,000, with the average days on the market number at 76.
As of this writing, 3/29/2010, there are 15 pending sales in the 4 bedroom homes for sale in Orinda category. 3 of the pending sales are pending subject to lender approval. In other words, they are short-sales, or selling for less than what the owner owes the bank.
Neighborhoods represented in the 4 bedroom homes for sale in Orinda include Castle Gate, Charles Hill, Country Club, Del Rey, El Toyonal, Glorietta, Ivy Drive, Lost Valley, Miner Road, Claremont, Orinda Oaks, Orinda Woods, and Sleepy Hollow.
The Glorietta neighborhood weighs in with the most activity for all actives, pendings, and solds since January 1 of 2009 with 16.
I’ve created the following searches for home-buyers who would like to search current 4 bedroom homes for sale in Orinda in specific price ranges;
It’s that time of year when inventory is growing each week. If you are serious about buying in Orinda and want the best deal possible, of course who doesn’t, contact me and find out what it takes to successfully invest in this competitive market. More 4 bedroom homes for sale in Orinda are coming on the market each week, and the good ones go fast!