Jul
17

This Just In From Chet Gohd, Loan Officer With RPM Mortgage

Posted In: Mortgage & Finance
Words by Chet… Here’s the latest update of our economy and mortgage rates.While the economic data released during the week generally matched expectations, the outlook for future economic growth improved due to strong earnings reports, tame inflation data, and a revised forecast from the Fed. Stronger economic growth was good news for the stock market, and the Dow rose over [...]
Jul
10

Oakland Sky Traffic

Posted In: Community, Oakland
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The traffic on the 80 corridor heading towards the Maze always kills me.  During rush hour (or any hour, really) I have seen the following: a man wearing a suit jacket drinking coffee directly out of the mug with no lid, a professional typing onto a laptop that was sitting in the passenger seat, and a woman curling her hair using a [...]
Jul
06

FHA Finalizes Anti-Flipping Rule

Posted In: For Buyers, For Sellers, Foreclosures & Short Sales, Mortgage & Finance
Real estate flippers got a new set of marching orders last week — at least those flippers who want to use FHA mortgage financing.The Federal Housing Administration issued long-awaited final regulations on property flips last Wednesday. The rules take effect nationwide July 7. Flipping involves resales of houses or other real estate shortly after acquisition, typically at a substantial price [...]
Jul
02

New Listing in Albany! www.1225BrightonAve.com

Posted In: Albany, Listings
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JUST LISTED: 1225 Brighton Ave. in Albany! This immaculate and sunny home is located in Albany, CA, where the schools rule, the weather is superb, and the location couldn’t be more convenient.  With three bedrooms and two baths, this home was built in 1937 by the renowned Charles “One Nail” MacGregor and has all the charm and quality of its early [...]
Jul
01

Berkeley Market Stats

Posted In: Berkeley, Local Market Statistics
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                               21-Jun          28-Jun New Listings           28                 23 Price Reductions     2                   5 Avg. Listing Price   $905,520       $906,811
Jun
30

Analysis of Current MLS Inventory

Posted In: Local Market Statistics
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These numbers include single family residences, condos, townhouses and duets.  The first number represents activity via Foreclosure Radar, a site which tracks the status on properties that are either heading into default, in default, or foreclosed; the second number is the level of inventory on the MLS.  Data is as of June 1, 2009.                                            FR         MLS El Sobrante & Pinole        [...]
Jun
27

Fourth of July Happenings

Posted In: Berkeley, Community, El Cerrito, Fun for Grown Ups, Fun for Kids, Oakland
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EL CERRITO El Cerrito hosts the 11th Annual WorldOne Festival featuring live reggae, dub and world music. On Saturday from 10am to 6pm there is a family festival with games for children, food, arts and crafts as well as live entertainment on two stages, Circus Imagination will amaze young children with an interactive animal-free circus show and Carnival Rides.  This [...]
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