Todd Goforth – Realtor | Blog

Don’t miss this enchanting property in The Crossings, a luxurious enclave just minutes from Walnut Creek. The palatial dwelling presents an expansive interior, encompassing over 2, 880 square feet! 4408 Winterberry Ct is the largest home to be listed in The Crossings in a year. Zoned for ‘choice’ high school, including Walnut Creek’s top-rated Northgate High! The East-facing home graces a peaceful cul-de-sac setting, just steps to a private walking path. Enjoy the serene, verdant lawns as you stroll down the path. Continue to the sparkling swimming pool, dog park, private play structure or get some exercise at one of […]

Here’s a little info on how a seller may save on capital gains taxes after the sale of their property, this topic comes up often with my clients.. When you sell your home, there’s a tax benefit called the home sale tax exclusion. If you’re single, you can exclude up to $250,000 of profit from taxes. For married couples filing jointly, it’s even better – you can exclude up to $500,000. This means if your profit is within these amounts, you won’t pay taxes on it. But if your profit goes beyond these limits, you’ll need to pay state and […]

Understanding the trajectory of real estate prices is vital for buyers and sellers in today’s dynamic market. Analyzing data from January to July reveals a compelling narrative of shifting conditions. Let’s explore the data to gain insights into this evolving landscape. Concord, CA Realtor: Concord housing prices January: List Price: $815,000 | Sold Price: $802,500 The year commenced with a nominal difference between list and sold prices, indicating a balanced market. Properties were selling close to their initial listing prices. February: List Price: $793,500 | Sold Price: $811,250 February marked a turning point, with homes selling for an average of […]

Todd Goforth here, East Bay Realtor. Are you a new homeowner in Concord, Walnut Creek, Danville, Pleasant Hill, Clayton, Martinez, Alamo? As you embark on this exciting journey, one important aspect you’ll need to navigate is property taxes. Property taxes play a significant role in funding local services like schools, roads, and public safety. In this post, I’ll break down the process of paying property taxes in a clear and concise manner. Step 1: Taxes Become a Lien When it comes to property taxes, the process starts with something called a “lien.” Think of it as a notice that’s put […]

I wanted to share this Walnut Creek housing market snap shot with you, let me know what you think ! Below are the median sold prices in Walnut Creek from 18 months ago until now: Prior 3 months to current: $1,550,000 (102.57% of list price) Prior 4-6 month period: $1,460,000 (100.22% of list price) Prio 7-12 month period: $1,450,000 (100% of list price) Prior 13-15 month period: $1,657,500 (107% of list price) Prior 16-18 month period: $1,767,000 (116.45% of list price) How to people buy homes for sale in Walnut Creek, CA? In the last 30 days, 39 homes in WC closed escrow for an avg of 4% over asking ($1,466,000) 13 buyers […]

Todd Goforth, Concord Realtor here, I’ve created a snap shot of the Concord housing market over the last 18 months, I looked at all 1,383 homes that sold in the city, these are their median sales prices: Prior 3 months to current: $840,000 (102.96% of list price) Prior 4-6 month period: $800,000 (101.23% of list price) Prio 7-12 month period: $790,000 (99.47% of list price) Prior 13-15 month period: $875,000 (103.34% of list price) Prior 16-18 month period: $901,500 (110.99% of list price) As you can see, we’re climbing back up, homes are going about 3% over asking again How do people buy homes for sale in Concord, CA? Over last […]

Homes for sale Concord, CA Active listings: Currently, the residential market primarily consists of detached properties. With a price range of $745,000 to $749,999, there is a single listing available. This property presents an excellent opportunity for buyers looking for a high-quality home. Additionally, there are other active listings in different price ranges, totaling to 5 properties on the market. The cumulative dollar volume for these listings amounts to an impressive $3,837,887. The average price and median price stand at $767,577 and $760,000, respectively. On average, these properties spend approximately 27 days on the market. New Listings: If you prefer […]

As you consider selling your home in Walnut Creek, it’s important to understand some key real estate metrics that can impact your sale. One metric that’s worth noting is the Months Supply of Inventory in Walnut Creek, which calculates how many months it would take for all current listings to sell given the current rate of sales. In this case, the Months Supply of Inventory is 1.07, which suggests that the market is currently experiencing a shortage of available homes for sale in Walnut Creek. Another metric to consider is the 12-Month Change in Months of Inventory, which shows how […]

Attention Concord home buyers and Sellers! I’m going to dive into some key metrics that will give you a better understanding of what’s happening in the world of homes for sale in Concord CA and Concord real estate in general. First up, we have the Months Supply of Inventory, which currently stands at 0.92. This metric measures how long it would take for all the homes on the market to sell, given the current pace of sales. A lower number indicates a seller’s market, while a higher number suggests a buyer’s market. With a Months Supply of Inventory of 0.92, […]

Attention, Walnut Creek homeowners! If you’ve been thinking about selling your home in Walnut Creek, CA, now is the time to act! The real estate market in our wonderful city is sizzling hot this Spring of 2023, and it presents an incredible opportunity for you to make a successful sale. As a proud native of Walnut Creek and a top Walnut Creek Realtor, I’m here to be your guide throughout the entire process. Let’s dive into why this is the perfect moment to list your property. Welcome to the Thriving Walnut Creek Real Estate Market in Spring 2023! Get ready […]

I looked at 1200sqft-1600sqft homes that were sold in the 94521 zip code of Concord over the last 24 months. I created this graph below. The market took a major hit during the Winter of 2022 and has rebounded nicely and continuing to climb. What are home prices in Concord, CA? Low inventory (not many homes for sale in Concord) are keeping the home prices high in Concord.

Realtor, Walnut Creek CA As a trusted real estate agent in Walnut Creek, CA, I have some helpful information to share with you regarding the local housing market. In the last two weeks, 13 beautiful homes have closed escrow in this desirable community. Best Realtor in Walnut Creek, CA The median list price of these homes was $1,362,500, which speaks to the high value of properties in Walnut Creek. Even more impressive is the fact that these homes sold for an average of 7% over their list price, demonstrating the strong demand for real estate in this area. Homes for […]

Concord, CA Realtor: Homes for sale in Concord In the past 7 days, a whopping 19 beautiful homes have been listed in the thriving community of Concord. These stunning homes boast a median list price of $799,000, making them an excellent investment opportunity for savvy buyers like you. In the last two weeks, 25 homes have been sold, and their median sold price was an impressive $820,000. These homes were listed with a median price of $780,000, which means they were sold on average, 3% above their list prices. It’s clear that the real estate market in Concord is thriving! […]

Hey there, let’s go explore Concord, CA and have some fun! Here are ten awesome things you can check out in this awesome city: I hope these recommendations help you have a blast in Concord, CA! Realtor, Concord CA | Todd Goforth2001 Salvio St, Concord CA 94520925-788-5741

First on the list is Mount Diablo State Park. The hiking trails, camping options, and breathtaking views make it an ideal destination for nature lovers. Another must-see is the Ruth Bancroft Garden, a 3.5-acre botanical wonderland featuring over 2,000 cacti, succulents, and other drought-resistant plants. If you’re interested in wildlife, the Lindsay Wildlife Experience is the perfect spot. This wildlife rehabilitation center is home to a wide range of native California animals, and visitors can learn about them up close. For art lovers, the Lesher Center for the Arts is a great destination. With its variety of theater productions, concerts, […]

As a Realtor in Walnut Creek and Concord, it’s important for me to help my clients navigate the real estate process with ease. One aspect of owning a property that often raises questions is the supplemental tax bill. In this post, we’ll go over everything you need to know about supplemental tax bills in these areas. What is a Supplemental Tax Bill? A supplemental tax bill is an additional property tax bill that is issued when there is a change in the ownership or value of a property. This can occur when a property is sold or when significant improvements […]

Are you interested in building an Accessory Dwelling Unit (ADU) in Concord, CA? Good news! The City of Concord has introduced a new pre-approved ADU program that can save you time and money during the design, planning, and permitting process. Thanks to a grant from the California Department of Housing and Community Development, Concord now offers six building code-compliant, construction-level drawings that are available to the public at no cost. ADUs in Concord CA? ADUs, also known as “granny units” or “in-law units,” are residential units located on the same lot as an existing or proposed single- or multi-family principal […]

If you’re considering buying or selling a home in Concord, California in 2023, it’s important to understand the local housing market trends. As a certified first time buyer specialist and real estate negotiator based in Concord, I’ve been keeping a close eye on the market. In this post, I’ll share some valuable insights that can help you make informed decisions. The Concord Housing Market, Spring 2023 The Concord housing market has been on an upward trend, and sale prices are up! To provide you with a clear picture of the market, I analyzed single family homes between 1,200 and 1,600 […]

Hi everyone! It’s March 22, fed day. As expected, the Federal Reserve has announced a quarter-point increase in its key short-term interest rate, bringing it to a range of 4.75% to 5%. This move is part of the Federal Reserve’s ongoing efforts to manage inflation and maintain stability in financial markets. While this may sound like just another decision made by policymakers in Washington, it can have a significant impact on consumers and businesses alike. What does this mean for you? Here are a few things to keep in mind: It’s worth noting that the Federal Reserve’s decision to raise […]

What is NEM3 and How Does It Work? In 2022, California’s Public Utilities Commission approved NEM3, the third iteration of the state’s net energy metering rules. These changes, which will take effect in April 2023, will have a significant impact on the cost of rooftop solar installation for new users. Existing solar users may also be affected under certain circumstances. How Does NEM3 Differ from Previous Net Energy Metering Rules? Under NEM3, solar users will receive less compensation from utilities for the excess energy they generate, with payments dropping from an average of $.30/kWh to around $.05/kWh. Additionally, NEM3 solar […]

Moving to Concord, CA Are you considering a moving to Concord, CA? As the largest city in Contra Costa County, Concord has a lot to offer. In this guide, we’ll cover everything you need to know about living in Concord, including homes for sale, local attractions, and more. Homes for Sale in Concord, CA If you’re looking for homes for sale in Concord, you’ll find a range of options available. Concord is a beautiful city with many lovely homes, perfect for raising a family. As a Concord Realtor, I can help you find the right home to fit your needs […]

As a Realtor in Danville, CA, I am pleased to share with you the latest market activity for the 94526 zip code. The Danville real estate market is heating up As we enter the Spring season, which is historically the best time to sell real estate. In the last two months alone, 34 homes were sold in Danville (94526), with an average sold price of $1,915,292. The average original list price for these homes was $2,004,082, and homes sold 3% under asking on average. It’s worth noting that the median days on market was only 8 days, indicating a strong […]

CalHFA, California’s leading housing finance agency, has exciting news for first-time homebuyers in the state. On March 27th, 2023, CalHFA will introduce the Dream For All Shared Appreciation Loan, a down payment assistance program designed to help first-time homebuyers achieve their dream of homeownership. The Dream For All Program was established by the 2022-23 State Budget, which allocated funds to CalHFA to administer the program with broad parameters and specific requirements. The program aims to improve equitable access to homeownership for all Californians, as home equity has proven to be one of the strongest ways for families to build and […]

If you’re considering buying or selling a home in Danville, CA, it’s important to stay up-to-date with the latest housing market trends. Here’s a snapshot of the current market conditions in Danville, based on the latest housing data that I have compiled: Homes for sale Danville, CA There are currently 23 active listings for sale in Danville, with an average of 31 days on the market. This indicates a relatively balanced market between buyers and sellers. 31 days is the average, but well priced homes are selling in less than 7 days and receiving multiple offers. Danville, CA home prices […]

3/12/23 Spring is here, and despite rising interest rates, it is a favorable time for sellers in the area. The low inventory and high demand for homes in Walnut Creek suggest that there may be more buyers than available homes on the market, which can lead to competitive bidding and potentially higher sale prices. Additionally, the median listing price for the past 30 days has increased by 12.9%, which is a significant indicator of a strong and active market. This increase suggests that there is a higher demand for homes in the area, and sellers may be able to get […]

Are you looking to buy or sell a home in Concord, California? If so, it’s important to stay up-to-date with the latest market trends and data. Here’s a look at the current state of the real estate market in Concord, based on recent data for the 94521 area of the city: Number of Active Listings: 13 Average Days on Market for Active Listings: 26 Average Days on Market for Sold Homes (past 30 days): 50 Monthly Change in Active Listings: -45.1% (91) Annual Change in Active Listings: -12.3% (57) Median Listing Price (past 30 days): $838,000 One Month Change in […]

If you’re considering selling your home in Concord, now may be the best time to do it despite the current state of the housing market. Despite high interest rates and a dip in mortgage applications, there are several advantages to selling your home in Concord right now. With fewer people applying for mortgages and buying homes, there are fewer sellers on the market. This means less competition for your home and a greater chance of a successful sale. Additionally, potential buyers may be more willing to consider your home if there are fewer options available to them. While there may […]

Walnut Creek, California is a sought-after location for homebuyers, and the recent sales in the area are a good indicator of the current state of the housing market. These homes were sold within the last sixty days, and are the most recent comparable properties in which appraisers and Walnut Creek Realtors will use to value future homes for sale in Spring. Here are the most recent sales in Walnut Creek, CA:

Are you considering buying or selling a home in Walnut Creek, CA? As a real estate agent born and raised in Walnut Creek, I’d like to provide you with some insights into the current market conditions. As of today (Feb 23, 2023), benchmark interest rates are currently at 6.88% and rising towards 7%. While this may seem high, it’s important to keep in mind that interest rates are historically low. If you’re considering buying a home, now may be the time to do so before interest rates climb even higher. In the last sixty days, homes in Walnut Creek sold […]

As a prospective homebuyer, high interest rates can be intimidating. However, buying a home is still a smart investment even if the interest rates are high. Here’s why: In conclusion, high interest rates shouldn’t deter you from buying a home. Real estate is a long-term investment! High interest rates can lead to lower home prices. Fixed-rate mortgages provide stability, and homeownership offers emotional benefits that can’t be measured in financial terms. Todd Goforth, Realtor (East Bay Area)

Buying or selling a home in Walnut Creek, CA can be a complex process. To help you navigate it successfully, consider these tips from a local real estate agent: By following these tips, you can navigate the Walnut Creek real estate market and achieve your homeownership goals. If you’re interested in buying or selling a home in Walnut Creek, contact the Goforth Real Estate team located at 201 N Civic Dr #130, Walnut Creek, CA 94596. Thanks for reading!

If you’re a real estate investor in California, you may have heard about the benefits of a 1031 exchange. A 1031 exchange is a tax-deferred exchange that allows you to sell your investment property and reinvest the proceeds into another like-kind property without paying capital gains taxes. Here’s a step-by-step guide on how to conduct a 1031 exchange in California: Step 1: Consult with a Qualified Intermediary (QI) To start the 1031 exchange process, you’ll need to consult with a Qualified Intermediary (QI). A QI is a third-party intermediary who will facilitate the exchange and ensure that all the legal […]

Are you looking to sell your home in the Bay Area, CA? Preparing your house for sale is a critical step in the process. There are many great locations and beautiful homes in the Bay Area, which means lots of competition. You want to make sure your home is in the best possible condition to attract potential buyers and get top dollar. Here are 5 tips to help you prepare your home for sale: By following these 5 tips, you can get your home ready to sell and attract potential buyers in the Bay Area. Remember, the more appealing your […]

Danville is a beautiful and charming town located in the San Ramon Valley, in the East Bay region of California. It is known for its top-notch schools, a strong sense of community, and a vibrant downtown area with a variety of shops, restaurants, and cultural events. Whether you’re a young professional, a family with children, or a retiree, Danville has something to offer for everyone. In this post, we’ll highlight some of the top reasons why you should consider moving to Danville, CA, and what you can expect from this wonderful town. Top 6 reasons to live in Danville, CA […]

I get asked this question a lot, especially by my first time home buyers in Walnut Creek and Concord. Owning a home has many benefits over renting, and working with a Realtor can make the process even smoother. The benefits of owning a home vs renting a home in California Working with a local Realtor near you, that has the experience in the exact market in which you’re looking, can provide valuable support and guidance as you navigate the process of buying a home and realizing the many benefits of homeownership.

Many people move to Walnut Creek largely because of the highly rated schools. Some of the best schools in Contra Costa County are located in Walnut Creek. I myself attended both WCI and Las Lomas High School. Northgate Neighborhood in Walnut Creek Northgate is a residential neighborhood located in the heart of Walnut Creek. The neighborhood is home to Northgate High School, one of the most respected public high schools in the Bay Area. Northgate High School offers a wide range of programs and extracurricular activities, including athletics, arts, and clubs, to help students reach their full potential. In addition […]

Should I move to Concord, CA? Are you considering a move to the Bay Area and wondering “Should I buy a house in Concord?” If so, you’re in luck! Concord is one of the top cities to move to in the Bay Area and has a lot to offer its residents. From its convenient location to its thriving nightlife and dining scene, there are many reasons why people should buy a house in Concord, CA. Concord is located just 30 miles from San Francisco, making it an ideal place to live for those who want to be near the city […]

Having lived in Concord myself and selling Real Estate in Concord, CA for years – I’ve gotten to know it quite well! From outdoor adventures to cultural experiences and delicious dining options, there is something for everyone in Concord. Here are just a few of the many fun activities and attractions to check out in the city. Email me if you have any to add! Outdoor Activities in Concord, CA Cultural Experiences in Concord, CA Restaurants in Concord CA There are dozens and dozens, but here are a few favorites! Nightlife:

Concord, California is a great place to raise a family, and choosing the right school is an important decision for families relocating to the area. With the help of a local Concord Realtor, families can find homes in the best neighborhoods with top-rated public and private schools. My wife is a public school teacher and I am a Realtor: together we have a good pulse on the local Concord schools. Public Schools in Concord, CA Mt. Diablo Unified School District operates many of the public schools in Concord, California. With the help of a Realtor, families can find homes in […]

Are you considering selling your house in Concord, CA? The real estate market in Concord is robust, and with the right approach, you can achieve a successful sale in no time. However, selling a house is a complex process that requires careful planning and attention to detail. In this blog post, we’ll provide you with a comprehensive guide to help you sell your house in Concord, CA. The first step in selling your house is to determine its value. You can do this by hiring a real estate agent or using an online home value estimator. A real estate agent […]

Moving to Walnut Creek, CA I was born-and-raised in the city of Walnut Creek. I am a product of the public school system, and have intimate knowledge of the neighborhoods, the pros/cons and the micro markets of the city. Should I move to Walnut Creek, CA? Walnut Creek, CA is a bustling city located in the East Bay region of the San Francisco Bay Area. Walnut Creek is a charming city located in the East Bay region of California, known for its vibrant arts and cultural scene, high-quality schools, and a growing economy. It is home to over 70,000 residents […]