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Concord Naval Weapons Station – Update

March 13, 2015 by Peter Maclennan 1 Comment

Lennar Urban's plan for the Concord Naval Weapons Station
Lennar Urban’s Rendering of their Redevelopment

The redevelopment of the decommissioned Concord Naval Weapons Station is still advancing. This weekend the final three developers are slated to present their plans and to answer questions at a special session of the Concord City Council.

Concord Naval Weapons Station Reuse Plan

As well, the San Francisco Business Times has published an article with more quotes from the three developers. The individual plans from the developers vary is scope and density. It is interesting to note that one of the developers has plans to create an orchard/farm to be a buffer against some of the existing neighbors.

To follow the progress of the development you can receive updates from http://www.concordreuseproject.org/.

Catellus Development Company will present from 8:30 to 10:00 a.m., Lennar Urban from 10:15 a.m. to 11:45 p.m. and SunCal Development Company from 1:00 to 2:30 p.m., followed by public comment from 2:45 to 4:15 p.m.

The meeting will be held in the City Council Chamber at Civic Center, 1950 Parkside Drive and will be televised live on Concord Cable TV channels 28 (Comcast), 29 (Astound), and 99 (AT&T), and streamed on the City’s website, www.cityofconcord.org. Videos of the meetings will also be available for viewing the next day from the website.

 

Filed Under: Concord Naval Weapons Station Tagged With: CNWS, Concord Naval Weapons Station

January Real Estate Market Infographic

March 3, 2015 by Peter Maclennan Leave a Comment

January 2015 Housing Market Sales

The California Associaiton of Realtors® provided the latest infographic on what the market experienced in January of 2015. The San Francisco Bay Area led the state with a median single family home price of $669,590 for the month of January. Meanwhile the number of sales in the San Francisco Area fell by 14.2% year over year.

Right now the market is tight as inventory is low. Home buyers are coming off of the fence because of low interest rates. As well, lower oil and gas prices in January and February provided a bit of breathing room in many budgets. This is inspiring renters to move towards home ownership.

In a survey conducted by Freddie Mac on Home Ownership and Rental Perceptions renters held a very high view of home ownership. In fact, 91% of those surveyed said that owning a home was something to be proud of.Renters' View on Home Ownership

Buyers are coming off of the sidelines and inventory is down.

December 2014 Inventory

All this means that for the foreseeable future, Sellers are in the driver’s seat.

 

Filed Under: Buyers, Real Estate Market, Sellers

December Housing Market Infographic

February 16, 2015 by Peter Maclennan Leave a Comment

December 2014 Real Estate Market Infographic

The California Association of Realtors® has released their market information for December of 2014. The results are a bit mixed. The average sale price was up, but the number of sales was down in the San Francisco Bay Area. The San Francisco Bay Area’s median priced single family home in December sold for $718,370.

Filed Under: Real Estate Market Tagged With: Real Estate News

Concord Naval Weapons Station Reuse Proposals

February 5, 2015 by Peter Maclennan Leave a Comment

Concord Naval Weapons Station

The Concord Naval Weapons Station (CNWS) Reuse Plan has solicited proposals from three master developers to develop the 5,028 acre site. The CNWS Reuse Project will begin Phase 1 with the development near the North Concord/Martinez BART station. The future phases will fan out from the initial development.

The three developers Catellus, Lennar Urban, and SunCal will be presenting their various proposals to Concord’s City Council on February 10th and 11th. Both meetings will be held in the City Council Chambers at Civic Center, 1950 Parkside Drive. The meetings will also be televised live on Concord Cable TV channels 28 (Comcast), 29 (Astound), and 99 (AT&T), and streamed on the City’s website, www.cityofconcord.org. The developers will have 45 minutes to present their proposals, followed by 1 hour and 15 minutes of questions. The meetings are preliminary in the process and the City Council and staff are not planning on making a final decision at these meetings.

The three developer proposals can be viewed at these links:

  • Catellus
  • Lennar Urban
  • SunCal

A printed copy of all materials can be viewed at the Concord Public Library, 2900 Salvio St.

The proposed plan calls for the construction of almost 12,000 new housing units and 8,000,000 sq. ft. of commercial, industrial, and institutional space. Under the proposed development plan almost 3,300 acres of the inland area will be preserved as parks and open space for public use. All three developers have provided designs that differ from the proposal developed by the City of Concord.

Since the CNWS is adjacent to Dana Estates, the development will likely have an impact on the neighborhood and home values.

Photo Credit: 100_5471 by Greenbelt Alliance used by Creative Commons

Filed Under: Concord Naval Weapons Station Tagged With: CNWS, Concord Naval Weapons Station

Highest Value Home Improvements

January 7, 2015 by Peter Maclennan Leave a Comment

Highest Value Home Improvements - Home Improvement Logo
You don’t want Tim Taylor doing home improvements.

Many homeowners wonder what renovations are going to bring the most return when they sell the home? To phrase it differently “What are the highest value home improvements?”

Thankfully the Remodeling 2014 Cost vs. Value Report (www.costvsvalue.com) provides a list of the remodeling projects that bring the highest return on investment once a home is sold. While the costs and returns varied from region to region across the nation, the report details what the San Francisco Bay Area can expect.

5 Highest Value Home Improvements

The five remodeling projects that provide the most value upon sale for the San Francisco Bay Area are detailed below:

1. Wood Deck. The project that is most likely to provide the greatest recovery of its cost is the addition of a wood deck. Not all Homes lend themselves to the addition of the wood deck but that is the item that would the greatest cost recovery at 176% of cost. [Read more…]

Filed Under: Sellers

How To Get Power At Your New Home in Contra Costa County

December 19, 2014 by Peter Maclennan Leave a Comment

Once you buy your new home, you will need to get the services transferred over to your name. Many buyers ask how to get power at their new home. PG&E provides most of the power throughout Northern California. A few cities have their own municipal utility providers (for a list click here).

PG&E has provided a helpful page for its customers that are establishing or transferring service.

PG&E Help Me Move Capture

Establishing New Service

In order to start service with PG&E, you need to call their toll free number 1-800-743-5000. You will then be directed through their automated phone system to establish new service. If you have an account number or phone number established, they will ask for it.

Transfer Service

If you transfer service moving from one home to another, you will need login to your PG&E account or to complete the form located here on PG&E’s website. A transfer of service indicates that you will be stopping service at your original location.

Add a Residence

If you are buying a second home or vacation home, you want to add a residence to your account. This option does not stop service at your original location.

Pilot Light Services

Gas appliances such as water heaters, stoves, and furnaces often have a pilot light that stays lit at all times.

PG&E will inspect, adjust, turn off and relight your gas appliance at no charge. Log in or register for My Energy to schedule or change a pilot relight or turn off appointment.

This service is highly useful if the gas at your new home has been turned off for a period of time.

If you have questions about real estate, please feel free to reach out to us at (925) 385-8798. Or complete the contact form below.

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Disclaimer: This information is in no way endorsed by PG&E. Please contact them for details and problems with service. Information is deemed reliable but should be verified before using it.


 

Filed Under: Buyers, First Time Buyers

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Meet Peter

I moved to Dana Estates with my family in 2012. We love the neighborhood. We love that it is relatively quiet, the neighbors are friendly, and the trees that line the street.
If we aren't hanging out at Starbucks or buying a pizza from P-za Pie, you will find us cruising the sidewalks near Lynwood and Beechwood Dr. Feel free to stop me and say hello.

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Disclaimer: Information on this site is deemed reliable, but is not verified nor is it guaranteed. Peter Maclennan is a licensed real estate broker in the State of California serving the Dana Estates neighborhood in Concord through Maclennan Investment Group, Inc.. CA DRE # 01801793