Oct
23

Is the Market About to go kerplunk?

Posted In: Economy, First Time Home Buyers, For Buyers, For Sellers, Local Market Statistics
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Buyers, Sellers + Realtors were all chatting about the market at our open house this past weekend.  It seems that everyone is confused about the market and what was happening: Is it shifting?  Is it dropping?  Is it seasonal? YES!!!  All of the above.  The problem is that we won’t know which it is until it passes.  The other problem [...]
Oct
02

Albany September Market Stats

Posted In: Albany, Local Market Statistics
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Here are the stats for Albany, CA for the month of September 2017.  Market data is provided by Redfin and Bridge MLS and includes sales for only Single Family Detached Homes for the month of September. Data does not include condominiums or off-MLS sales – call us for more details.
Feb
09

El Cerrito Market Update

Posted In: Contra Costa County, El Cerrito, For Buyers, For Sellers, Local Market Statistics
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This El Cerrito Market update will blow you away! Check out what the median price and median rent in El Cerrito has been doing since the beginning of summer last year. Week Ending Median Price Median Rent Jun – Aug $800,000 $3500 8/13/16 $751,000 $3300 10/8/16 $722,500 $3150 10/22/16 $730,000 $3150 10/29/16 $730,000 $3200 11/5/16 $755,000 $3200 11/12/16 $752,000 $3150 [...]
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 [...]
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). [...]
Sep
12

To Remove Contingencies, or Not to Remove?

Posted In: First Time Home Buyers, For Buyers, For Sellers, General Real Estate News, Local Market Statistics
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Should you remove your contingencies?  We get asked this question all of the time.  We cannot give you advice as to what you have to do, but we do want to demystify what this is all about. When a buyer submits an offer on a property they have an opportunity to include certain conditions within the contract that must be [...]
Apr
04

Bay Area Home Prices By Transit Stop

Posted In: Alameda County, Contra Costa County, First Time Home Buyers, For Buyers, General Real Estate News, Local Market Statistics
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We have all seen the headlines showing that Bay Area home prices are off the charts.  I mean seriously, when I saw that the median price in Alameda County went above $700k I practically spit out my coffee.  But it is starting to get a little crowded around here, and buyers are wondering where they can move to and still commute to [...]
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