San Ramon- Your Next HotSpot in the Bay Area

By
Real Estate Agent with Keller Williams Realty

A recent visit to the South bay was quite the eye opener. What recession are we talking about? Home prices in Sunnyvale, Cupertino and Mountain View are off the charts. 40 year old homes, low square footage and huge price tag??? And people are buying !!!

That got me thinking on why the demographics is moving all the way to San Ramon... the last progression took folks into Fremont and the prices went up in that region. The Mission school district attracted these high tech workers, and the location was perfect- closer to work and great schools- the value proposition made sense. For those who could not afford the Mission, sent their kids to private schools for the higher class of education. But these homes were getting old too and now it was time to move to another area.

San Ramon was the undiscovered gem in the rough, waiting to be captured. The builders were building new homes in Windemere and Gale Ranch and there was an opportunity. The strike came in the downturn when everyone started to find amazing deals. For sometime I almost thought the entire city of Fremont, besides the Mission, moved to San Ramon !! Folks were moving here even from the Peninsula and San Franciso for the wonderful environment, fantastic schools, safety and a family oriented community.

Now the downturn came and went. The Windemere and Gale Ranch markets are stabilizing. There should be NO MORE DEALS now. San Ramon is the hotspot in the East Bay. It has the right mix of what the demographic demand is: New homes, high ranking schools, beautiful landscape, safe community, parks, junior college campus. The taxes are higher but still better than paying $2800/ in rent for a 2 bedroom, 700 sq foot apartment in Sunnyvale !! Yes, you make the sacrifice of commuting 45 miles one way every morning but that is one sacrifice to make to achieve the rest. Windemere and Gale Ranch homes will be your next Mission and there is no reason for prices to be slashed. Just observe the homes for sale in The Bridges- that is one community that is holding its values and desirability in a sustained manner. Prices came down but they are on the increase and so is the demand!! Homeowners are sitting on a  gold mine and if prices become more firm, the low ballers will either exit or convert into realistic buyers. Fasten your seat belts, because this is going to be an exciting ride !!

Click Here to view a list of home available for Sale in Windemere San Ramon CA

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New Listings in San Ramon CA

For a Viewing of the beautiful homes on Fioli Loop and other homes in the San Ramon/Dublin and Pleasanton area, contact

Rama Mehra @ 925- 236-0375 or Sunil Mehra @ 925-698-1816

Rama and Sunil Mehra are available to help you with all your real estate needs including relocation to San Ramon CA, Dublin CA, Pleasanton CA, Danville CA and other nearby areas.

                         



                        

                        

 


 


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A hot spot would imply that there were some cold spots. Cold spots in the Bay Area? Tell me it's not so.

Happy Tuesday!

Jul 26, 2011 05:49 AM #1
Rainmaker
99,539
Rama Mehra
Keller Williams Realty - San Ramon, CA
Certified Pre-Foreclosure Specialist

Its not so !! Its a bit cool right now but it will be a raging hot spot very soon !

Jul 26, 2011 09:45 AM #2
Anonymous
Anonymous
ramon

Hey Rama , You are right people are paying outrageous prices for Junk homes in Cupertino area . But seems like  San Ramon story is exactly opposite , Prices are failing rapidly  there is no  bottom in sight , Look at Bridges there are six listing all of them looks cheap for their quality . Other areas are even worse. No Doubt Bridge is  the Best among them.

I like San Ramon better than Cupertino too untill Employer starts moving to San Ramon , Home prices won't be comparable between the two.

 

Aug 04, 2011 10:11 PM #3
Rainmaker
99,539
Rama Mehra
Keller Williams Realty - San Ramon, CA
Certified Pre-Foreclosure Specialist

San Ramon is the exact opposite because agents controlling the inventory are playing the market for their own benefits. It has become very common to see double ended deals closing for lower prices. hence the buyers think that going to a listing agent will get them a better deal. It is the homeowners who need to make sure that they sell their homes for market value and not upsell or dump. Don't get me wrong but we need to keep an even keel in the market and the pressure from buyers to drop prices should not go beyond the market value. I have been trying to fight this with a few other agents but we are too few in number to make a change.

San Ramon will never be a major employer like the Silicon Valley but the outward bound demographics do not have much choices. Fremont is very expensive in the good school district; Pleasanton is pricier and older homes in the mid price point homes; Dublin has an issue of having only one high school which brings us to San Ramon( because Danville is far for South Bay commuters)- Great schools, newer and bigger homes and good values. How much futher will the demographics move just as yet? Not far ! Things will turn around but only if the people living in the community stop looking to the tip of their noses and realise the big picture- hire agents who care about the customer and the community and not themselves only. Hire agents who are vested; who are professional and not the fly-by-night agents who charge less in commissions but are not there to negotiate the deals ! San Ramon is one of the most perfect neighborhoods to live in, we only need to kick out the people who make an effort to kill our values.

Aug 12, 2011 01:44 AM #4
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