From the monthly archives:

December 2009

Alameda condo & townhouse trends

December 21, 2009

People ask me about the Alameda market. My best description is “schizophrenic.” The variables are all over the place: price trends, inventory, property condition. One major problem has been the low inventory of quality, non-distressed property throughout the year. If you were on the market for a 3BD townhouse anywhere on the Island in 2009, [...]

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Mid-Peninsula trends

December 21, 2009

What’s going on in the Mid-Peninsula? Take the single family home market in San Carlos – a desirable market like Burlingame but less pricey. Volume-wise, it appears the levels of inventory and buyer activity are similar year-over-year, if not a tad lower in 2009. Price-wise, seller expectations appear unchanged, though closed sales suggest a downward [...]

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Short sale scenario – approved at $XYZ

December 18, 2009

A short sale listing posts the following hook: “Buyer backed out but bank has approved sale at $535,000.” You’re willing to offer that sum for the property. Importantly, you think that doing so will assure a swift entry into escrow – bypassing the usual time-consuming short sale headaches. But not so fast! Your agent must [...]

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18-month trends – Oakland 94602

December 11, 2009

Here’re trends for single family homes in Oakland’s 94602 zip code. It covers much of the Lower Hills, from Glenview to Redwood/35th, including a sliver beneath 580.

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Knock, knock

December 6, 2009

It’s that time of the year! I’ll be delivering calendar packages to the Andante today. This year, I’m adding the Andante Emeryville to my “farm.” I’m including the in the packages everyone’s unique access key to the new site I’ve built: AndanteEmeryville.com.

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