Alamo March 2009 Real Estate Market Update

And another

It’s 2:03… very quick motions… quake…very strong sudden moves….

Did you Feel That Earthquake

Shortly before 2:00 am, 6/6/08 we had a very nice rumble……this really moved the house quickly…Terry

To CERT or No CERT…. Please pass the mint jelly.

Yes… we will never have a disaster…. Well, maybe never… But, if it happens and it may, I  would you rather be prepared not hopelessly naked… I mean naked…Not being prepared for what you and your family must and will endure is just not acceptable…. Yes, McDonalds will not be open, nor will your telephone, water or computer, gas, or electricity……… I choose to be Prepared. I like to eat three meals a day……..

So, Sally our neighbors to hear Herbert Cole, Cert Area leader and Ray Bryant about the local CERT program……. Wow…. water and food we have……. but we’re a little short on other thisngs…. Like having a USB stick… filled with important documents. Put your most valuable record on your stick.  Your pictures, inventory of your home, picture of your valuables, insurance papers, poster of missing person like you or your spouse, kids and family… Relief workers will have computers, so you will be able stick your USB thumb drive into their computers and immediate get relief….. and you will have a resource of information to expedite either the search or recover………Email me….Terry@terrymcdaniel.com and I will send you a list of resources, plus direct your to the CERT info….. Be the Hero… then go and do…Terry

2008 January Real Estate Sales

Alamo Community Foundation

It’s time for us to really consider Incorporation.  If you missed the big fund raising event a Roundhill, you missed a good time……. $60k raised to help pay for the incorporation study….But we’ll need $200k to complete the feasibility study and other required  studies for LAFCO….If you live in Alamo, you future will be effected by this decision….Get involved…. Let’s talk about… Right now we need to raise more money….. Questions… contact Claudia Waldron…..  or visit… AlamoCommunity  

Terry McDaniel

Where it’s Hot and Not

Real Estate values nationally are dropping to stable, but not everywhere….USA average appreciat 1.9%…. California not so good… Head to Texas 6.8% growth…. Well, pack the bags and head to Alamo, Texas.. oops….Not…. Alamo, California…. where life is good and you don’t have to change your shirt twice daily……

TOP HOUSE APPRECIATION RATES IN PAST YEAR

Wenatchee, Wash.: 15.70 percent

Provo-Orem, Utah: 14.35 percent

Grand Junction, Colo.: 14.05 percent

Ogden-Clearfield, Utah: 13.95 percent

Salt Lake City, Utah: 13.95 percent

Idaho Falls, Idaho: 11.69 percent

Austin-Round Rock: 9.67 percent

Beaumont-Port Arthur: 9.44 percent

Asheville, N.C.: 9.44 percent

Billings, Mont.: 9.07 percent

Source: Office of Federal Housing Enterprise Oversight

Did you feel the earthquake

Wow…. just like in the movies…. the lamps were moving and I headed towards the door frame….. I still remember the earth moving in Lost Hills…. the s-wave came at me… I literally when up and down  and fence post just moved with me….. I still remember that feeling… wow… God is still in control…….  Terry McDaniel  Real Estate Evangelist

Alamo Art

I was driving down Danville Blvd today and notice some very seasonal art…..It’s that time of the year……. Only in Alamo…..We love you Alamo……

 

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What Now…..

The market for Alamo homes remains directionless…… The sub-prime market has effected all types of home loans. Underwriting criteria and cost have quickly changed. Appraisal standards have quickly altered….. Lenders are doing everything possible to open the secondary markets… Without liquidity, lenders don’t have cash to make loans…. This is very interesting… I have seen this several times, hopefully this time, the Feds will step in quickly and provide the liquidity. I have a great report from the NAR that drills down on what is happening…..You may want to read the attached document as well. The Credit Crunch… If you would like a pdf copy, email back… until next time…..Terry