Spring is here and we are at 105

We have now hit 105 homes on the market in Alameda. For quite a long time we have had a low inventory below 100. This can be a chicken and egg scenario with buyers. If nothing new is coming on the market buyers are not as interested and so fewer homes sell.  This can be expected in the winter months, it's common to have a seasonal slowdown. Spring is here and so are new homes and with it some excitement and interest from buyers. Of course it's always the case that the best homes can get most of the interest while some that have been on the market get stale and suffer from lack of interest. Pricing is even more key because if these homes stick around and do not go through price reductions then they really get forgotten about. In this environment pricing is key no matter where the home is.

2125 Spaulding New Listing in Berkeley

This Victorian sits on a charming tree lined street in central Berkeley and has been completely remodeled top to bottom. With a new kitchen, bathroom and furnace. Hardwood floors and mostly new dual paned windows. Many upgrades to systems, plumbing, electric. New foundation and seismic upgrades with the basement ready to finish out to create your own expansion possibilities. Large & lush landscaped yard to garden or entertain. Walking distance to shopping and North Berkeley Bart.
So much more than the stats show you have to see it to get it! More photos at 2125spaulding.com

1412 Seminary New listing

Come discover this hidden gem. Located on a quiet private driveway this cozy Bay Farm home has an updated kitchen and bathroom. With hardwood floors and dual paned windows you can walk out your dining room to a spacious backyard overlooking the golf course. Perfect for entertaining, gardening or relaxing. Close to Godfrey park, shopping and in a desirable Alameda school district. This home is move in ready. OHSun 3/14 2-4 pm. See more photos on my website at 1412seminary.com

First time homebuyer tax credit

The first time homebuyer tax credit effectively ends on April 30th. This is an $8,000 tax credit for homebuyers. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
Read more here.