Albany Market Snap Shot The Albany market is getting hotter now that the New Year is underway. Based on current levels of supply and demand I don’t see the trend in price increasing much, if at all. I can’t believe that last month the Average Sales Price for Albany was in the mid-$350k range. But [...]
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 [...]
Albany prices are still on a downward trend. However if you look at the last 2 years prices start to go up around late January/February. In the market? Time to catch the bottom of the wave before it goes back up.
Dang, 33% of all home sales in California in 2010 were cash. Cash purchases continue to rise in California, and might exceed last years high. Yes, cash! I just had a listing in Berkeley that received 6 offers, 2 were all cash. My 2-bed El Cerrito listing received 4 offers, 1 was all cash. Another [...]
JUMBO Great news! Jumbo Conforming Loan Limits to be Restored! Inman News just reported that in a 60-38 vote Thursday, the Senate approved an amendment to a spending bill that would restore the $729,750 ceiling that was first put in place in 2008 to allow Fannie Mae, Freddie Mac and the Federal Housing Administration to [...]
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…