Why should you consider pulling a permit for work done on your home? The #1 reason you should get a permit if you’re having work done on your home that requires it is the obvious one: it’s required by law, and you [...]
HOME LOANS AND INTEREST RATES x Interest rates on home loans have been very low lately! If your interest rate is close to, or above, 4%, it could be worth your while to contact your favorite loan person and see if you [...]
The fall is always an interesting season in our real estate market, because we go from one of the slowest times of the year (just before Labor Day) to one of the busiest times of the year (just after Labor Day). We [...]
It was another interesting fall in local real estate, and we saw the usual flood of new listings to the market after Labor Day. Even though this happens pretty much every year (because many sellers wait to list until after Labor Day, [...]
I’m considering selling my home next year. What should I start doing now to get ready? It’s a well-known fact that right now is not the optimal time to sell a home in our area. It is, however, the right time to [...]
BRIDGE LOANS Did you know that it’s possible again to get a bridge loan? A bridge loan is a short-term loan that can be used to access the equity in a home you are planning to sell in order to purchase a [...]
I've mentioned in past newsletters that, in general, smaller properties sell for higher prices per square foot. This chart compares the average sold price per square foot for properties of different sizes. The data is from the area indicated, January 1, 2019 [...]
After a super hot spring 2019, the North Berkeley market settled down somewhat over the summer. Most properties still sold fast and for great prices, but there were a few that took somewhat longer to sell, and average days on the market [...]
The market over the summer in the Berkeley hills was quite good. We all know that prices are determined by supply and demand, and both were in our favor. The supply of homes on the market was relatively low. There were 40 [...]
Why do list prices sometimes increase after a property has been on the market for a while? In most parts of the country, properties come on the market, and if they don’t sell after a period of time, motivated sellers will reduce [...]
