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 [...]
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 [...]
This has been a year of moves for me! First I moved my family to Albany in July, then I put my El Cerrito house on the market in September, and this month I moved brokerages! Needless to say it has been a busy summer. I am so thrilled to be with Berkeley Hills Realty. [...]
Here is an interesting article from the UC Berkeley News Center that came out a couple of weeks ago that talks about how in-law/secondary units could be a great way to help accommodate the projected population growth via dealing with infill development in communities throughout the region. They are currently looking into regulatory challenges, such as parking restrictions, [...]
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…