” Your home will go on the MLS next monday and I’ll need a copy of the house keys for the lockbox”. Long silent pause as the husband looks at the wife. ” Tom I’m sure we got the keys when we bought the place 25 years ago, but I have no idea where they [...]
There were 68 present at today’s meeting. 15 new escrows were opened, 20 were closed, 1 price reduction was announced, 18 upcoming listings were mentioned, almost all priced above $500K, 13 “Buyer’s needs” again mostly in the higher price tiers. Multiple offers are still common in the lower price tiers as are all cash deals, [...]
Attendance was light with 45 present. 10 new escrows were opened, 5 were closed, 1 price reduction was announced (Not significant) and 14 upcoming listings were announced. 5 of 7 “Buyer’s Needs” announced were for all cash buyers with $1.5MM the highest amount mentioned. One was of particular interest, 7149 Calder Ave will be coming [...]
Alameda has had property prices increase BIG-TIME this year. That’s old news. But this link may be of interest to those who are buying or are trying to buy at this time. Here’s a line from the Wall Street Journal article, dated May 1: Even with the gains in home prices, housing is more affordable [...]
Nope, not rabid quail. I did warn some very “City” friends about rabid quail not long after I moved to Sebastopol, assuring them that they weren’t “Much” of a problem. They never have come to visit… OK, the real stuff. Ticks and Tick borne diseases, not just Lyme disease. If you, or your dog take [...]
Micro Markets ~Make sure you’re comparing Apples to Apples~ Micro Markets – Make sure that you’re pricing your property according to trends and comps within your unique “Micro-Market.” You may live very close to another property or development with a particular activity level, yet that area may have very, very different features that attract…or detract willing and [...]
This post will cover the 2nd point of the “How To Effectively Price My Home For Sale” post: “How Do Interest Rates (Mortgage Rates) Affect Home Prices?” Interest Rates and/or Mortgage Rates: Interest rates and home prices always inverse coincide: They affect in opposite directions. Standing alone, when interest rates rise…home prices decrease. When interest rates [...]
