Jun
03

Transfer Taxes for Alameda and Contra Costa Counties

Posted In: Alameda, Albany, Berkeley, For Buyers, For Sellers, Oakland, Richmond, Taxes
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Many cities in Alameda and Contra Costa Counties impose a point of sale ordinance on real property.  The chart below will show which cities will impose a transfer tax.  Both Alameda County and Contra Costa County have a county transfer tax of $1.10/$1,000. Example: If the sales price of a house in Berkeley is $500,000 then the seller can expect to pay $500 for [...]
Sep
18

How Much Have Prices Dropped?

Posted In: Albany, Berkeley, El Cerrito, General Real Estate News, Local Market Statistics, Oakland, Richmond
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One of the biggest questions I get lately is “how much have prices goine down?”  This is pretty easy to answer.  If you look at the statistical date from the height of the market (2006 – 2007) and compare it to today’s numbers you will see that Richmond has taken the biggest hit, primarily because of foreclosures.  Because of the [...]
Feb
25

Days On Market, Last 2 Years: Berkeley, Albany, El Cerrito, Kensington, Richmond and Oakland

Posted In: Albany, Berkeley, El Cerrito, Kensington, Local Market Statistics, Oakland, Richmond
Let’s take a look at what the average days on market has done over the last two years in each of our neighborhoods.  Percentages are from Jan/07 vs. Jan/09. Albany, down 66% Jan 2007  24 Jan 2008  43 Jan 2009  8 Berkeley, all, down 7% Jan 2007  45 Jan 2008  43 Jan 2009  42 Berkeley Hills, up 7% Jan 2007  [...]
Jan
24

Sewer Lateral Replacement Rebate Program in Richmond

Posted In: For Buyers, For Sellers, Richmond
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This just in from Richmond’s North and East Newsletter: “City rebate program offers financial incentive to comply with sewer lateral standards — Qualified residents and non-profit business owners in Richmond’s Sanitary Sewer District Number One can apply for grants to offset the cost of bringing sewer laterals into compliance with ordinance 12/17, article XII of the Municipal Code. For more [...]
Jan
10

Contra Costa County Homeowner Repair Loans

Posted In: El Cerrito, General Real Estate News, Home Improvement, Home Maintenance, Kensington, Mortgage & Finance, Richmond
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          Did you know that there are programs out there to help low-income homeowners fix up their homes?  In Contra Costa County there is a program called the Neighborhood Preservation Program which is operated by the CCC Building Inspection Department.  The program, created in 1975, makes loans to very-low and low-income homeowners to help fix up [...]
Jan
06

Future of Point Isabel in Richmond

Posted In: Albany, Berkeley, El Cerrito, Richmond
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A developer is proposing to amend Richmond’s general Plan Land Use Map from Light Industrial to a Regional Commercial District, demolish all buildings at 2700 Rydin td and 4903 Central Ave., and construct a 99,000 square foot Kohl’s department store with almost 400 parking spaces near Costco on Pt. Isabel.  The plan also inclsudes reservation of a 76,000 square foot pad [...]
Sep
22

Grand Opening of Five Fields Sports Complex @ Gilman

Posted In: Albany, Berkeley, El Cerrito, Emeryville, Fun for Grown Ups, Fun for Kids, Neighborhood Businesses, Neighborhoods, Richmond
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Five years ago five cities came together to address the challenge of a shortage of sports fields in the region. The cities of Richmond, El Cerrito, Berkeley, Albany and Emeryville came up with this: Develop a regional sports complex at the intersection of I-80 and Gilman Street in northwest Berkeley. Earlier this month the leaders and politicians of each of [...]