Dec
03

City Transfer Tax Update

Posted In: Alameda County, Berkeley, Contra Costa County, El Cerrito, Oakland, Taxes
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Happy December!  Last month voters passed some ballot measures that will affect transfer tax rates within certain cities.  If you intend to buy or sell a home in the following cities next year this could apply to you. Starting next year, possibly as early as January 1st, the following changes will occur: ALAMEDA COUNTY Berkeley (Measure P) For sales above [...]
Sep
10

Who Should Vote for Prop 5, Property Tax Law

Posted In: Alameda County, Contra Costa County, General Real Estate News, Legal, Taxes
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(as reposted from the Abio blog) Proposition 5, a measure developed by the California Association of Realtors, is headed to the ballot Nov. 6, and advocates say it could ease not only the property tax burden on seniors, but also relieve the state’s housing crunch. Here’s what you need to know before you vote on Prop. 5, also known as the Property Tax Transfer Initiative: [...]
Mar
02

Three Reasons to Visit Lake Merritt

Posted In: Alameda County, Arts and Entertainment, Community, For Buyers, For Sellers, Fun for Grown Ups, Fun for Kids, Oakland
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Posted by the cool peeps at Berkeley Hills Realty So you’re thinking to yourself, “What should I do today where I can get great exercise and do some people watching while I am at it?”  Or you think to yourself, “My kids need to get out today and I want to go somewhere that is fun for them and not [...]
Jan
13

What Kind of Market is THIS

Posted In: Alameda County, Berkeley, First Time Home Buyers, For Buyers, For Sellers, Foreclosures & Short Sales, General Real Estate News, Investing, Listings, Local Market Statistics
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Multiple offers, oh my!  No contingencies, oh my!  As long as you aren’t in Berkeley, Albany or Oakland, then it might be considered normal.  Normal is defined as a market where buyers and sellers have equal bargaining power.  Yah right, not here!  But all joking aside, even in these very competitive markets we are starting to see some normalcy.  Indeed [...]
Dec
07

East Bay Realtors Come Together to Support the Victims of the Ghost Ship Fire in Oakland

Posted In: Alameda County, Arts and Entertainment, Community, Neighborhood Businesses, Oakland
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Our office, Berkeley Hills Realty, along with the entire East Bay community, is grieving the loss of 36 young lives in the recent massive warehouse Ghost Ship fire that occurred on December 2nd in the Fruitvale District of Oakland. The East Bay artist community makes the region vibrant and eclectic and many lives have been affected by this tragic event. [...]
Nov
13

Bart vs. Bus: How Living Outside of the BART Zone Will Cost you Less

Posted In: Alameda County, Berkeley, Contra Costa County, First Time Home Buyers, For Buyers, Kensington, Local Market Statistics
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Did you know that if you live outside of a designated BART zone that you will not only pay less for your home but you will likely miss the feeding frenzy of multiple offers? The average home in the area around the North Berkeley BART station is selling for 130% over list price and in some cases as high as [...]
Oct
03

Prices comparing 2007 to 2016 are up, and down

Posted In: Alameda County, Contra Costa County, For Boomers, For Buyers, For Sellers, Foreclosures & Short Sales, General Real Estate News, Local Market Statistics
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Seven out of ten of the Bay Area counties have surpassed 2007 prices.  I am so surprised.  Surprised, I tell ya!  And here I thought that all counties had surpassed 2007 prices.  But I was wrong. Why do we compare today to 2007?  2007 was the height of the real estate cycle (Note: real estate cycles typically last 7-10 years). [...]
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