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NAI BT Commercial opened its fifteenth Northern California office this week in Pleasanton. The office, at 5000 Hopyard Road, will serve the Tri-Valley region. NAI BT opens 15th area office - San... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Home Sale Price Medians Home Sales Recorded in October 2008 Berkeley continues to be Alameda County’s #1 most stable median price, Dublin #2 and Pleasanton #3. Alamo is clearly #1 in Contra Costa! Take a look at the other cities in this report. County/City/Area # Sold October 2008 October 2007 % Chg Yr-to-Yr Alameda County 1,519 $370,000 $575,000 -35.65% ALAMEDA 53 $570,000 $715,000 -20.28% ALBANY 19 $570,000 $370,000 54.05%
If it were not for all of the news I watch on TV or the newspapers and internet news, I wouldn’t think I was in a recession! I don’t live in a bubble, in fact, I live in the Bay Are and I am a Realtor. My phone rings everday with people who want to buy real estate at the new opportune prices and I receive emails each day as well. The malls, Serramonte and The Shops at Tanforan, where we have our real estate kiosks see 1,000s of holiday shoppers all day long and meet PLENTY of people interested
On November 4, 2008, Alameda CA voted to increase its city transfer taxes from $5.40/$1000 of sales price to $12.00/$1000, or an unbelievable increase of 122%. It passed by a narrow margin: 15,256 (50.70%) in favor, to 14,836 (49.30%) against, or a difference of only 420 votes. The change will take effect on December 12, 2008 and the impact of this increase remains to be seen, but it would seem that this would definitely have an impact on the sales of homes in Alameda. More will remain to be
The U.S. Dept. of Housing and Urban Development (HUD) has announced updates to the Real Estate Settlement Procedures Act (RESPA), including the requirement of a three-page “good-faith estimate” that provides borrowers with rates, fees, prepayment penalties, and possible increases in monthly payments for every mortgage transaction. KEEP THIS IN MIND • The Real Estate Settlement Procedures Act (RESPA) is a 1974 law that sets standards for homepurchase transactions. The purpose of RESPA is to pr
When you look at your calendar you may find the months already overloaded with seasonal obligations — shopping, entertaining, children’s pageants, charity work, decorating the house, and so much more. If you are also trying to sell your home, you are under extra pressure to keep your home in “showtime” condition. And that could be the last thing you need before the holiday spirit is broken. It is understandable why you would be tempted to take your home off the market d
The end of the year is upon us with the holiday?s right around the corner. It has been a very interesting, volatile and bumpy ride with the economy, stock market, Presidential election and real estate crisis. We witnessed some of our largest financial institutions go under, Fannie Mae and Freddie Mac both become taken over by the government and the stock market loose nearly 4 trillion dollars. We have witnessed world renowned business and economic figures such as Warren Buffet and Alan Greenspa
With home buying continuing to be slow, apartment rental rates are likely to remain steady and even to increase. According to Mercury News, the Bay Area continues a three year slide in housing starts as October numbers reveal builders have put a hold on starting new projects until the market show signs of improvement. So far, 2008 data shows a 55.5 percent fall for single family and a 21.2 percent slide for multi-family housing starts according to the California Building Industry Association.
Thanks for all of you that attended last Saturday’s Rainmaker Properties Client Appreciation Movie Event featuring Madagascar 2. It was great to see so many clients and friends. On behalf of the Rainmaker Properties team, we want to thank you for all of your support. Click on the video to see our red ticket raffle drawing. There’s also a great slide show toward the end of the video, so don’t forget to check it out. Hope you all had a Happy Thanksgiving! Rainmaker Properties Raffle & Clien
My joy at leaving work early, getting lost in the fog trying to find an Office Depot and failing, wandering too long at a Hallmark store than a discount store, where I was unable to choose three pillar candles to set in a housewarming gift, picking up pies M. had ordered from a local bakery and ultimately lying on the couch, is glorious. For hours on end, I have done nada, fuckall, nothing, and I am digging it mightily. My goal for the weekend is a little fancy cooking for two tomorrow and tha
If it looks like a duck, smells like a duck, guess what? It IS a duck. Feel free to replace "duck" with "recession". There's no longer any doubt that the economy has entered a recession, and there are many different perspectives of how long it will last and how severe it might be. All the rhetoric is nothing more than speculation -- in other words, whose crystal ball do you believe in the most? As the new Obama transition contemplates its options on how to effectively stimulate the economy
On first impulse, most homeowners would say that, of course, they want their agents to tell them “the whole truth and nothing but” when it comes to the sale of their home. But do they really? There is a common mistake that home sellers make: choosing a real estate agent based on the price that the agent says they can get for the home. Don’t make this common mistake! Real estate agents don’t set the sales prices for the homes (although it would be fantastic if we could)…the market (mea
Baldwin County Real Estate: Bailout Bill’s Impact On Real Estate The Emergency Economic Stabilization Act of 2008, also known as ‘the bailout bill,’ has real estate leaders talking about its impact on the industry. Dave Liniger, chairman and co-founder of RE/MAX International, offers his thoughts about the bailout, what it means to consumers and the government’s new role in real estate in an interview with RISMedia.com. Here’s what Mr. Liniger had to say: RISMedia: What are your overall
With the price of Southern California homes down more than 40 percent from their peak, the housing market has now slid further than most economists expected. Prices were dragged down by the large number of foreclosed homes on the market: For the first time since the slump began, repossessed properties in October accounted for more than half of residences sold. In Northern California, thousands of homebuyers around the San Francisco Bay Area kept snatching up foreclosed homes last month, dragg
Mobile Bay Real Estate For Sale: Haleys Lane, Daphne AL 36526 MLS# 133955 Best value on the Bay! 158 feet of bay frontage with wide sandy beach in Daphne. Easy commute to Mobile. Beautiful views. Nice elevation. Covered patio with deck plus terrace. Inground pool. Easy access to bay. Oversized rooms. Den with wood burning fireplace. For more information on Haleys Lane or other Baldwin County AL real estate, visit JudySells.com or give us a call, 251-990-0569. Search all Baldwin County AL
Alameda County Month-to-Month Comparison Month Sep-2008 Oct-2008 % % Sold Price to List Price 98.15% 98.25% 0% Sold Listings 1,041 1,274 22% Listing Price Per Listing $ 500,334 $ 462,356 (8%) Sold Price Per Listing $ 491,101 $ 454,254 (8%) Sold Price Per Sq Ft 317 298 (6%) MLS Days On Market Per Listing 54 53 (1%) End of Month Inventory 6,520 6,479 (1%) Talk with a local East Bay Real Estate Agent. Read detailed neighborhood profiles in San Francisco Bay Area, CA. Search for East Ba
I think home prices are coming back to reality. Despite an increasingly uncertain economy, thousands of homebuyers around San Francisco Bay kept snatching up foreclosed homes last month, dragging... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Hi faithful readers. I apologize for the long delay in my writing. First it was the elections that distracted us all. Then for me, there has been a time of evaluation going on regarding this year working in this rather challenging market. The reason it is challenging to agents is that there are far less sales than usual. This means taking a huge pay cut for most agents as we only get paid when a transaction closes. I have been struggling with what I wanted to write about and decided that it
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