I listen to KGO for the weather and traffic reports and I’m hearing this ad daily. If you are a competent contractor working with a good agent and you are well capitalized, you can make that much or more with minimal risk. If you don’t meet those criteria, buy the Brooklyn bridge instead.You won’t lose […]
Was a comment by a very experienced appraiser after the Broker’s meeting today. He spoke in regard to 440 Ragle Rd (Mls #21423403) in Sebastopol which went into escrow in 4 days after a bidding war which began with 7 offers. The winning bid was all cash and “Way Over” $800K. The listing agent is […]
I just got back to the office and did a “Standard Search” of active listings in Sebastopol. There are 37 Single Family homes for sale and 9 of them had price reductions over the last 24 hours. Prices ranged from just over $400K to just under $2MM. The homes had been on the market as […]
I have informally polled a dozen experienced agents. The responses were pretty consistent, two told me that prices came up too much, too fast on the low end to be sustainable, but high end prices were still pretty reasonable. Ten told me that yes, we are at or near peak prices for this cycle in […]
Greg Fielding created a post that there is a website that can check if anyone has died in the property. Click on the link to see it…then come back to read this post. Did Someone Die In That House? I understand that some folks may need to know if someone has died in the house/property. […]
If the data is accurate, this is brilliant. Died In House is a new website that will tell consumers if someone has died in a particular home they want to buy or rent. From ABC News: DiedInHouse is the brainchild of Roy Condrey, who tells ABC News he came up with the idea after a tenant […]
Bidding wars have been declining across the Bay Area for since March, though the percentage of Bay Area listings that receive multiple offers is still roughly three out of four. You can see from this chart that the 2013 is following a different trend than prior years. H/T Redfin.