During tour today my colleagues and I were discussing what we thought the market would do in 2012. One said she felt that the Berkeley market, specifically, would see an increase in appreciation of 2% – 3% due to a lack of inventory. ”There are so many buyers looking for homes and without inventory, we [...]
DQ News reported a few days ago about the current status of the double dip, and uses a little humor while doing so. http://www.dsnews.com/articles/double-dip-altos-says-prices-have-been-steadily-rising-since-then-2011-06-02 What I find completely hilarious (and true!) is that the article deems the ebb and flow of home prices as the “Catfish Recovery.” You laugh, but think about it. As the [...]
The number of mortgage default notices filed against California homeowners fell last quarter compared with the prior three-month period, the result of lenders’ evolving foreclosure policies, an uncertain legislative environment and an uptick in the number of mortgages being renegotiated, a real estate information service reported. “It may well be that lenders have intentionally slowed [...]
The average home price is forecast to plummet over the next two years. But these 7 cities are predicted to post gains. Number 1: San Francisco Median home price: $675,000 Value lost since 2006: 25.7% Forecast gain by 2011*: 4.8% The San Francisco metro area has seen its home values drop by a quarter, and [...]
A recent report in the Contra Costa Times (Friday, Sept. 4, 2009) shows some big news for those of us still living in the Bay Area in 25 years: “We will need to find room to build more than 635,000 homes in the next 25 years to accommodate an additional 1.7 million people.” Hmmmm. And how [...]
A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…