Archive for May, 2014

JUST SOLD! 1755 Broadway #25, Oakland

May 27, 2014
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This amazing NY-style 2 bedroom, 2 bath flat located in the Heart of Oakland’s Uptown Arts & Entertainment District, directly across from the Fox Theater & BART’s 19th Street station, with a Walk Score of 98….JUST SOLD! Pier Porrino, Realtor® at Caldecott Properties represented the seller.

East Bay condo hotspots see 80 percent price jumps while inventory evaporates

May 22, 2014

East Bay condo hotspots see 80 percent price jumps while inventory evaporates

Golden State Warriors guard Stephen Curry sells Bay Area penthouse

May 21, 2014

Golden State Warriors guard Stephen Curry sells Bay Area penthouse

JUST SOLD! 146 Canon Drive, Orinda

May 19, 2014

Located on a private, quiet street yet short walk into Orinda Village. Chic two bedroom two bathroom home. Large 10,000 square foot lot with nice level lawn area and patio seating area. Mario Feusier, Broker Associate with Caldecott Properties represented the sellers.

JUST SOLD! 1201 Pine Street #139, Oakland

May 19, 2014

One of the largest & most popular floor plans in Pacific Cannery Lofts complex. 2 bedrooms + den, 2 baths with 2 parking spaces. Mario Feusier, Broker Associate with Caldecott Properties represented the buyer.

Home Prices Hit Pre-Recession Levels In Many Bay Area Cities

May 19, 2014

CBS San Francisco

SAN FRANCISCO (KPIX 5) — Real estate website Zillow released a report Monday night that shows home prices in dozens of Bay Area cities have hit pre-recession levels. Experts said prices are likely to keep going up for the foreseeable future.

Zillow said 49 Bay Area cities have already reached pre-recession prices or will very soon.

Read The Report:

“Yeah, it’s really hot right now,” East Bay broker Ray Marquez of J. Rockliff Realtors told KPIX 5.

“In the $800 (thousand) to $1.2 (million), we’re still seeing a lot of multiple offers happening. And even in the $2 million and above we’re seeing cash offers.”

The priciest cities are no surprise. Woodside, Portola Valley, Hillsborough, and Los Altos Hills will see some of the biggest increases, to well above $3 million in 2015.

Atherton, where the median home price is already at $4.5 million…

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Homes are selling fast!

May 19, 2014

Real Estate in Lamorinda

The latest infograph by the California Association of Realtors shows just how fast they are actually going.  According to CAR, half of all homes sold within 6 weeks last year.  Feels like the market is even better in Contra Costa County!

selling fast

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5 Easy Upgrades for New Homeowners

May 19, 2014

Tri-Valley Real Estate Buzz

 

Congratulations! You’re now the owner of a new home.

Whether it’s your first place or the newest in a series of homes you’ve bought over the years, it’s important that you take maintenance steps immediately following the purchase. While the seller probably did some work before putting it on the market, you want to make sure the house stays in top shape for a long time.

Here are some upgrades that every new homeowner should do after settling into their home:

Make sustainable upgrades to the home

As homeowners become aware of the home’s impacts on the environment, take steps to upgrade the interior and exterior to be more sustainable. Energy-efficiency costs will vary depending on what kind of upgrades you decide to do. For example, installing LED lights is an inexpensive project for the weekend, whereas a more extensive sustainable upgrade like new green flooring installation could cost…

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Short Sales, Foreclosures and Modifications.

May 19, 2014

dirktherealtor

One of my first blog posts way back in December was about the current phenomena that is sadly STILL hitting the housing market and families hard.  Short Sale, foreclosures, modifications, and sheriff sales are all part of the sad result of a troubled housing market trying to “correct itself”.

Past Post specifically on Short Sales: http://wp.me/p24GVW-1x

You might wonder what I mean by “correcting itself”. What I mean is that previously before the “busing bubble”, properties were selling like hotcakes at Denny’s.  Their prices went up higher and higher because more people wanted houses and mortgage companies were happy to oblige.  So, house prices skyrocketed, mortgage companies and banks agreed to write loans for them and happy new home owners “agreed” to pay. Next, those loans that home owners agreed to pay changed to sometimes be more expensive than they initially started.  When banks began the process of getting these houses…

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JUST SOLD! 1789 Casterline Road, Oakland

May 15, 2014

This lovely Oakmore Tudor filled with tons of old world charm & character, just sold! Michael Braillard & Shalene Rose, Realtors® with Caldecott Properties represented the seller.