February home prices posted exceptionally strong gains across the Bay Area and the Tahoe/Truckee region, led by San Francisco, where the median sales price for a single-family home jumped $166,000 — 26 percent — in a year’s time. Read all about it: http://bit.ly/Yr7HiA
Friday, March 22, 2013
Thursday, March 7, 2013
Bay Area Real Estate Market Enjoys Intense Pace in 2013
The table represents market conditions that are
enjoying an intense pace. The percentage of new listings and closings in the
first 6 weeks of 2013 is unprecedented. Here are the numbers:
If you are ready to buy a home, sell a home, or want more information about the market, now is the time to call me for all your real estate needs.
Thursday, February 14, 2013
3927 Enos Avenue, Oakland, CA. Just Listed!
Urban Farmer Wanted!
In a tree lined "Leave it to Beaver" neighborhood,
enjoy the morning light on your breakfast table in the updated country kitchen
of this charming 1940's split level California Bungalow. You'll love the chic
entry, the open living and dining room with fireplace, the generously sized
bedrooms and closets and updated bath. Other features include gleaming hardwood
floors, period details, plenty of storage space, big garage, deck with views and
an enormous yard with a fruit orchard and garden with two sheds for the farmer
in you. Offered at $425,000. Open Sunday, February 17, 2013, 2pm to 4:30pm.
Sunday, January 27, 2013
Art on the Rise! Christie’s Data Reinforces Recovery
From Pac Union's partner, Christie's:
We have been growing increasingly optimistic
with the pace of our real estate recovery in the past 12 months, which has been
supported by growing economic strength in the Bay Area. But we also look to
indicators outside our industry for reinforcement – and are pleased that we’re
finding those, too.
Case in point: the just-released 2012 summary of
art-auction activity from Christie’s, the parent company of Pacific Union’s
real estate partner, Christie’s International Real Estate. The venerated
auction house posted sales of $6.27 billion last year and saw increases in both
new clients and the number of bidders per auction. The highest auction price
for the year at Christie’s was paid for Mark Rothko’s Orange, Red, Yellow which
sold on 8 May in New York for $86,882,500, establishing a world record price
for any contemporary work of art sold at auction.
For more, read the full story at Christies.com: http://bit.ly/ULTkCL
Sunday, December 9, 2012
New Listing at 157 Hagar Avenue, Piedmont, CA.
comes in one large package! This gorgeous "Brown Shingle" home with authentic detailing and many original details features 4+ bedrooms and 3.5 baths with a modern kitchen, magnificent living and dining areas, a luxurious master suite and remodeled baths, fireplaces, rumpus-room, large basement, landscaped yard and AWE inspiring San Francisco Bay vistas that will take your breath away. All this in one prime Piedmont location! www.157Hagar.com. Open Sunday 2-4:30pm.
Sunday, November 11, 2012
Berkshire Hathaway Inks an Acquisition Deal that Reshapes the Real Estate Industry
From the Pac Union blog, November 8, 2012:
The real estate industry has received a major vote of confidence with the news that billionaire investor Warren Buffett’s Berkshire Hathaway Inc. has acquired a majority interest in the Real Living and Prudential Real Estate brands.
Real Living and Prudential were aquired by HomeServices of America Inc., a Berkshire Hathaway affiliate, in a deal announced last week. The companies will be rebranded under a new name, Berkshire Hathaway HomeServices, beginning next year. Read more . . . http://bit.ly/S0FFnA
The real estate industry has received a major vote of confidence with the news that billionaire investor Warren Buffett’s Berkshire Hathaway Inc. has acquired a majority interest in the Real Living and Prudential Real Estate brands.
Real Living and Prudential were aquired by HomeServices of America Inc., a Berkshire Hathaway affiliate, in a deal announced last week. The companies will be rebranded under a new name, Berkshire Hathaway HomeServices, beginning next year. Read more . . . http://bit.ly/S0FFnA
Friday, October 26, 2012
A New Era for Oakland's Jack London Square
From the PU Blog, October 23, 2012:
With major changes under way at Oakland’s Jack London Square, some are calling the area "a beacon of light" for the city of 400,000.
New buildings have gone up at the square over the last few years as part of a 350 million dollar redevelopment project that began almost a decade ago. With major tenants moving in and the Jack London Square Market scheduled to open next year, city officials are predicting the site will attract even more visitors and residents to Oakland. Read more . . .
Sunday, October 21, 2012
Home Affordability at 50%
Courtesy of Interest.com, October 17, 2012:
A median-income household can only afford a median-priced home in 14 of the nation’s 25 largest metropolitan areas. Atlanta, Detroit and Minneapolis-St. Paul are the most affordable cities, according to Interest.com’s first Home Affordability Study. San Diego, New York and San Francisco are the least affordable.
With home prices down an average of 30% from their peak in 2006, and mortgage rates at record lows, there’s a lot of talk about how homes are more affordable now than they’ve been in decades.
In some places, that's true. But in many cities, it’s not. Read more . . .
A median-income household can only afford a median-priced home in 14 of the nation’s 25 largest metropolitan areas. Atlanta, Detroit and Minneapolis-St. Paul are the most affordable cities, according to Interest.com’s first Home Affordability Study. San Diego, New York and San Francisco are the least affordable.
With home prices down an average of 30% from their peak in 2006, and mortgage rates at record lows, there’s a lot of talk about how homes are more affordable now than they’ve been in decades.
In some places, that's true. But in many cities, it’s not. Read more . . .
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