There is a growing awakening to the possibility of a real estate bubble in Australia. Although not universally accepted, there are classic signs that house prices are overvalued: high annual growth rates over many years; no adjustment of prices after the 2008 financial crisis; one of the worlds highest ratios of average house price to average salary.

Since the 1970s property prices have increased by approximately 3% per annum, a figure broadly in line with inflation. From the 1990s however the yearly increase has been closer to 6% per annum, close to double the rate of inflation.

The San Ramon Real Estate, particularly the neighborhood of Old Ranch Estates and Summit has had a slow and barren year so far, and it was caused by a lack of inventory which furthered to a lack of activity in the neighborhood. It is typical for the Old Ranch Estates neighborhood to have about one sale each month but its sales seem to have dipped a big deal with only two closed sales this year, and one additional pending sale. Also, there are no active listings.

It's only sale in pending is located on Rubicon Valley, and is a short sale. Its amount is $779,000 or $284 per square foot and it's been on the market for 53 days.

East of San Francisco Bay, past the beauty of the Oakland hills, is the upscale and exclusive town of Alamo. And Alamo has just about everything one could want in the way of lifestyle. Being centrally-located in the Golden State, the Bay Area provides Alamo with all of the big attractions like the Pacific Ocean (about an hour), the intriguing cultural theaters of the big city, wine tasting in the gorgeous Napa Valley, the World Champion San Francisco Giants, as well as skiing and entertainment fun at Lake Tahoe.

Designing a strong real estate spreadsheet requires some forethought about the uses, calculations, and net results you're looking for. This should be done before you ever get started. Here we demonstrate some key considerations by means of a case study.

To demonstrate the proper approach to designing and building a real estate spreadsheet in Excel, let's use a residential multi-unit rehabilitation project example. To keep it simple, let's assume it has 4 apartment units, was built 60 years ago, has 3 existing tenants, and requires new interior and exterior paint, some plumbing and electrical work to update the property to modern safety standards, and a partial re-roofing to fix some water damage.

Many of us will own a flat or a house that is rented out. I am writing this article to point out the difference between an assured shorthold tenant and an assured tenant. Most tenancies that were created before 15th January 1989 will not be assured shorthold tenancies, they are very likely to be sitting tenants. A property that is occupied by a sitting tenant is all well and good if that is what you agreed to buy when you bought the house.

The problem arises when you ask your tenant to move out only to find out that they have the right to stay there until they die! How has this happened? There are a number of ways this could have arisen but the most likely cause is that there was never a tenancy agreement put in place. Don't forget that after the war and through to the 1980's tenancy agreements never really existed. Tenants were