A Smart Move.
  • Client Sign In
  • Not a User? Sign up

California Property Experts

California Property Experts

shaun
Shaun Zamrykut
(858) 888-8800
#01896658
  • Home
  • About Us
  • Search Properties
  • Advanced Property Search
  • Testimonials
    • Shaun
      • Zillow Reviews
      • Trulia Reviews
      • Yelp Reviews
  • Contact Us

Mountain House Real Estate Market March ’14 Recap

April 1, 2014 By California Property Experts Leave a Comment

Hi Everyone,

Welcome back to our Mountain House real estate market recap. This March the market was exceptionally different and quite reflective of the recent real estate trends effecting Mountain House. We saw a total of 17 sales, ranging from $280,000 to $595,000. Although there was a large spread in the prices of homes sold, there were not many homes between $400,000 and $500,000 sold.

Just as we predicted a few months back, the new loan limits are starting to change the real estate market drastically. This month there were NO FHA sales. For a market that had a large amount of FHA loans the year prior, this is a major impact. With the new loan limit dropping from $488,000 of $304,500 for FHA buyers, there are very few affordable homes in Mountain House for them. On the flip side, as more buyers are now shopping in a lower price range, the prices for these smaller homes is rising.

The real estate market in Mountain House is becoming largely stratified. On one end there are buyers shopping closely to their loan limit, and on the other buyer with lots of cash to put down on a house. Ironically, those with more cash will be able to get the best deals as less buyers can afford to shop above their loan limits of $417,000 or $304,500.

It will be interesting to see the results of next months real estate market.

Filed Under: Blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Find Your Dream Home

At Your Service...

Shaun Zamrykut

Through outstanding performance and dedication, Shaun Zamrykut has earned himself a spot as one of the top real estate agents...
More About Shaun

Client Search Tools

  • Listings Update By Email
  • What is my Home Worth?

Our Contact Information

California Property Experts

Shaun Zamrykut: (858) 888-8800

Copyright © 2023 All Rights Reserved · California Property Experts · 527 Kristin Way Mountain House Ca 95391 · Log in · Site by Clifton Creative Web