Thursday, January 30, 2014

2012 - 2013 Alameda market comparison


Below is a snapshot comparing the Alameda real estate market from 2012 to 2013 
562 properties sold in 2013 compared to 560 properties in 2012. 
Whats amazing is the percentage increase in median price of homes even from last year.
The press has been reporting on prices rising, cash offers and all the frenzy around multiple
offers for the last year. I wanted to find out what where the numbers from my MLS came in
for the market specific to Alameda.
Median price means that half sold above and half below this price point.
Median sale price for a single family home in 2013 was $716,000
in 2012 it was $570,000 and increase of 20%
Prices are continuing to rise in large part because of the low inventory and low interest rates
for home mortgages. Of course prices cannot continue to rise indefinitely so as the year progresses
we will see how the price appreciation continues. If interest rates go up this would have an effect
on prices as well.




















All information is derived from EBRD MLS data.
Alameda, alameda home sales, alameda real estate, alameda market statistics.

Friday, January 24, 2014

Alameda Open Homes Jan 25th & 26th

If you have any questions about any of the homes or can't make an open house please
give me a call so that we can set up a viewing.

1712 2nd Street $229,000 Sunday 2-4:00pm
415 Maitland $495,000 Sunday 2-4:00pm
122 Shepardson Ln $499,000 Saturday and Sunday 2-4:00pm
1125 Bismark Ln $525,000 Saturday and Sunday 2-4:00pm
3233 1/2 Briggs Ave $595,000 Sunday 2-4:00pm
913 Independence Dr $599,000 Sunday 2-4:30pm
1209 Post St $599,000 Saturday and Sunday 2-4:00pm
1361 Court St $749,000 Sunday 2-4:30pm
1700 Cornell Dr $749,000 Sunday 2-4:30pm
593 Terryton Isle $749,000 Sunday 2-4:00pm
1035 San Antonio Ave $759,000 Saturday and Sunday 2-4:00pm
749 Limerick Ave $839,000 Sunday 2-4:30pm
1009 Lincoln Ave $849,000 Sunday 2-4:00pm
142 Purcell Dr $859,000 Sunday 2-4:00pm
9 Palm Beach ln $925,000 Sunday 1-4:00pm
2905 Sea View Pkwy $1,380,000 Sunday 1-4:00pm

Tuesday, January 21, 2014

Really? Data Shows Selling a Home in Winter Pays Off

While we are enjoying some unusually warm weather here in Northern California there is still a persistent myth that selling a home during this time is not as good as spring or summer. I recently read this article that calls attention to data and some insights that challenge this assumption.

READ FULL ARTICLE HERE

Friday, January 17, 2014

Alameda historic theater showing Niners game sunday

For those who get out to open houses early you can come down to the Historic Alameda Theater and watch the Niners beat the Seahawks sunday.


Alameda Open Homes Jan 18th & 19th

The following is a list of homes open the weekend of Jan 18th & 19th in Alameda.
If you have any questions about any of the homes or can't make an open house please
give me a call so that we can set up a viewing.

And if you happen to be watching the game instead of going to an open house. GO NINERS!

1712 2nd Street $229,000 Sunday 2-4:00pm
1436 Bay Street $399,000 Sunday 2-4:00pm
415 Maitland $495,000 Sunday 2-4:30pm
122 Shepardson Ln $499,000 Saturday and Sunday 2-4:00pm
3233 1/2 Briggs Ave $595,000 Sunday 2-4:00pm
1033 Holly St $690,000 Sunday 2-4:00pm
1361 Court St $749,000 Saturday and Sunday 2-4:30pm
593 Tarryton Isle $749,000 Sunday 2-4:00pm
126 Jervis Bay $849,000 Saturday and Sunday 2-4:00pm
142 Purcell Dr $879,000 Sunday 2-4:00pm

Friday, January 10, 2014

Alameda Open homes Jan 11th & 12th

If you have questions about any of the homes or cannot make an open house give me a call so we can arrange a viewing.

1712 2nd Street $229,000  Sunday  2-4:00pm
1612 Sherman Street $649,000 Saturday and Sunday 2-4:30pm
3233 1/2 Briggs Ave $675,000 Sunday 2-4:00pm
1033 Holly Street $690,000 Saturday and Sunday 2-4:30pm
1361 Court Street $749,000 Sunday 2-4:30pm
593 Tarryton Isle $749,000 Sunday 2-4:00pm
142 Purcell Drive $879,000 Sunday 2-4:00pm
122 Purcell Drive $899,000 Sunday 2-4:00pm



98 Steuben Bay $1,100,000 Sunday 2-4:00pm
2905 Sea View Pkwy $1,380,000 Saturday and Sunday 1-3:00pm




Tuesday, January 7, 2014

Adjustable-rate mortgages regain popularity as prices, rates rise

Adjustable rate mortgages popular during the boom years fell out of favor after the crash. They are back and regaining popularity.

adjustable-rate mortgage
noun
plural noun: adjustable-rate mortgages
  1. 1.
    a mortgage whose rate of interest is adjusted periodically to reflect market conditions.

READ FULL ARTICLE HERE

New ways to search for apartment listings


A new group of startups is challenging craigslist for apartment listings. If clients ask me about rentals I always recommend they check out Craigslist. I checked out Lovely.com and apartmentlist.com and found they both have a good selection of listings and are much easier to navigate than craigslist. However if your looking for a rental with this competitive rental market you would probably want to double check craigslist as well. I imagine that many of these sites will overlap listing since many of them have a feature that allows people to post listings but they are also scraping sites for the listings.

  READ THE FULL ARTICLE IN BIZJOURNAL HERE

Other sites to look at rentals.

https://livelovely.com
http://www.apartmentlist.com
https://www.zumper.com
http://www.rentalroost.com