Windemere San Ramon Home Activity May 2011
In the last couple of weeks the inventory in Windemere San Ramon has been increasing slowly. It is now up to 55 homes on the market. 7 homes saw a price change; 7 are new homes; 41 homes active homes.
The homes in the Shelbourne community that was built by Standard Pacific Homes in Windemere are a cause of problems because the HOA is in litigation and no lender is giving loans on those homes.
This means cash buyers are the only ones who can buy and there are short sales coming up in that area with the banks causing delays in sales.
The activity in Windemere is very erratic and changes almost on a weekly basis. There are weeks when things are so hot and the new homes that hit the market go up in price and then there are weeks when it is slow and price changes take place.
It is very odd because there does not seem to be much stability right now and pricing homes in such a market is harder than one can imagine.
The coming summer months will be heated. It always happens- everyone wants to buy at that time due to the schools. There is a 60 day window of opportunity to buy and I see every summer people scrambling to buy.
Honestly, it may be a good time to buy now when price changes are taking place.