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Old 06-04-2012, 09:14 PM
 
232 posts, read 29,861 times
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Default housing price in pleasanton

I looked around reasonably priced condo around bay area but chances are running pretty low. People are buying with cash and real estate agents do not even bother responding. I am looking around Pleasanton area further inland so I am wondering how is the situation there now? Are prices are moderately lower compared to bay area? Is pleasanton considered to be part of bay area or is it not? Thanks,
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Old 06-05-2012, 10:53 AM
 
Location: Newark, Ca
1,304 posts, read 1,974,338 times
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Pleasanton is part of the Bay Area. It's part of the inland East Bay area of Alameda county. Pleasanton actually has one of the highest median household incomes in the entire country and is not exactly known for being affordable. The whole I-680 corridor (Pleasanton, San Ramon, Danville, etc.) is one of the more affluent parts of the Bay Area and housing is not cheap.

The area is less expensive than many other affluent parts of the Bay Area, but still expensive. You may want to consider Dublin or Castro Valley. There are some good deals to be found there and they are good places to live.
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Old 06-05-2012, 06:58 PM
 
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Yes Pleasanton is pretty expensive. What city do you work in? What is your budget? How much do you have to put down on a house? Have your been preapproved for a loan already? Was it a conventional loan or an FHA? Most real estate agents aren't going to take you too seriously unless you are preapproved. In order to buy a condo With an FHA loan the condo complex must meet FHA guildlines and be approved for FHA loans. I live in Livermore and it borders Pleasanton to the east and is less expensive than Pleasanton. Livermore is a nice city with a pretty nice downtown and has around 40 wineries and thousands of acres of vineyards.
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Old 06-06-2012, 01:59 AM
 
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great info guys, i think i shd consider livermore and dublin. i live currently in fremont area and commute to milpitas. so kinda distance from me and my to pleasanton/livermore area my distance will double. thanks.
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Old 06-11-2012, 12:12 PM
 
1,334 posts, read 548,221 times
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Quote:
Originally Posted by guyencd000 View Post
great info guys, i think i shd consider livermore and dublin. i live currently in fremont area and commute to milpitas. so kinda distance from me and my to pleasanton/livermore area my distance will double. thanks.
Take care to consider the cost of driving. Not only will you be spending more money on your vehicle and on gas, but you will be spending more time (a scarce, valuable resource) doing an unproductive activity (being stuck in traffic). People just seem to believe that not being home is "okay," and that spending more time in a car doesn't have much effect on your health and your life.
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Old 06-15-2012, 05:27 PM
 
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YES that is definitely consideration actually i always take that into account. at least for now, my work schedule is pretty flexible arrive late and return home late. so i tend the miss the rush hour. i usually take either 680 or 880 from fremont so far it is reasonable. i am not sure how worse it will get once i move further.
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Old 06-17-2012, 09:14 AM
 
Location: SF Bay Area, CA
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Pleasanton is a great area. It's inland, so it will be hot and the commute may be tough, depending on the hour of day.
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Old 06-19-2012, 01:34 AM
 
232 posts, read 29,861 times
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i actually thought about alternative plan: being a sole earner in bay area, housing is really almost out of reach, i am wondering of how plausible the idea is of buying real estate in smaller cities and rent it out. I experienced a job loss few times during my career i know how horrible it is. But being jobless in bay area you drop like a stone, worse if u own expensive house. So kinda protectionist measure by adding a sense of "floatiness" by buying cheaper place in smaller cities nearby and in case of job loss move there or something. During good times, rent it out. What do u think of this possbility? It is extra-pessimist thinking.
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Old 06-19-2012, 02:51 AM
 
748 posts, read 954,441 times
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Quote:
During good times, rent it out
So you want to be a long distance landlord? Also, who will pay the mortgage/maintenance/utilities/taxes when you can't find a tenant? When you do have a renter, who's going to do repairs (and pay for them) on the house when something breaks down (this usually happens late at night or on holidays)?
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Old 06-19-2012, 02:54 PM
 
232 posts, read 29,861 times
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yEAH, the factors mentioned definitely concern, but now i just contemplating the idea and wanted to know how others are doing etc. I actually used to have a landlord she forced to rent her house due to job relocation and was living well over 100 miles away from the rented house. She said it is hard but still doable. All these maintenance and distance commuting I can manage but I predict the toughest part will be when it is not rented out and I wold have to pay the double rent including the empty place and the place I rent. So good plan I think is to find a place where rent need is hi etc.
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