Bay Area real estate blog with latest insights & market news, by Eric Chang, REALTOR, focusing on East Bay and San Francisco markets. Oakland, Piedmont, Alameda, Emeryville, Berkeley homes for sale. Multiple Listing Service
Discover this unique Dimond contemporary. Tastefully renovated, 2936 Madeline Street includes a Jacques Ullman-designed expansion that added a garage and two bedrooms within a flowing layout.
Three bedrooms and two baths sit on a single level. Oak floors and Loewen wood-frame windows blend with generous updates—Jenn-Air and Bosch appliances, recessed lights, and newer baths. Most major systems, including the roof, plumbing, electricals, furnace, and water heater, have been updated too.
Step through the master suite onto the Ipe deck. A private backyard awaits. Or relax on the front porch, to enjoy this most private block on Madeline.
Bustling Dimond and Laurel District shopping are nearby. Visit Dimond Park, Farmer Joe’s, Peet’s, La Farine, and Dimond Library. Drive ten minutes to Redwood Regional Park.
Alex Hardy of Pipespy, Inc. spoke at our office today about the newly effective Private Sewer Lateral (PSL) Ordinance.
Under the PSL Program, most residential sales in Oakland, Piedmont, and Emeryville will trigger mandatory inspection—and in many cases, replacement—of a property’s sewer lateral. The ordinance was adopted to combat rainwater infiltration of the sewer system, which leads to sewage spills and overwhelmed sewage treatment plants.
This is the biggest point-of-sale policy development in our area in recent years. Depending on the purchase terms, either the seller or buyer is responsible for PSL Program compliance. This spells hundreds or thousands of dollars for the cost of sewer lateral inspections, or any necessary replacement. If unprepared, sellers and buyers will face some rough surprises during the escrow period.
Here, Alex addresses many ongoing questions among area agents:
When do we do the PSL inspection?
Which type of inspection should we do first?
Under what circumstances is replacement necessary?
What is the pressure test inspection? The hydrostatic test?
How is the new PSL Program different from existing similar ordinances in Berkeley and Alameda?
Q&A starts at 9:55.
Pipespy is a full-service plumbing, drain and sewer company that specializes in trenchless pipe replacement.
Home prices and inventory levels around the greater Dimond-Laurel area remain “relatively unchanged” in recent weeks. That’s the word from Altos Research, a respected Bay Area company that crunches real-time real estate data. Here’s their latest report of the area’s single family home market. It includes trends on median price, price-per-sf, inventory, and days-on-market. Particularly [...]
Behold 300 pounds of calendars ready to send to 1000+ Oakland residents…! Every November, I transform my corner of the office into a gigantic jumble. I spend a good week unboxing, piling, printing and stuffing…then sorting, then bagging…before delivering the mass to the USPS main branch in West Oakland around Thanksgiving. This annual ritual is [...]
Here are three nifty apps I recently ran across that I’d to share: CrumbTracks—Store, organize, annotate, and share photos and videos you take during you home search, FREE. MagicPlan—Measure, draw, and publish an interactive floor plan on the web by just taking pictures, FREE. My Measure & Dimensions [iPhone] [Android]—Allows you to track dimensions of [...]
Here’s another interesting anecdote from Chicago Title in their December newsletter. In this one, two people collude to sell a property that is not theirs. Though crisis was averted, the story highlights the importance of title insurance had it ended otherwise. Share and Enjoy:
Here is the latest edition of Trends in CA Real Estate, a monthly report from the California Association of Realtors. This November edition opens with a summary of recent market trends with respect to different price segments. The late-September reduction in the maximum conforming loan limit to $625,500 was expected to shake up activity in [...]