Bay Area Home Sales Up, Bay Area Median Price Down
October 30, 2008
September was a very interesting month in terms of the real estate market in the Bay Area. The month of September saw Bay Area home sales fly above the record-low levels of a year ago, marking the largest gain in over six years. However, the median sale price headed in the opposite direction, diving to $400,000. That is nearly 40 percent below its summer 2007 peak, according to San Diego-based DataQuick, a real estate information service.
Let’s discuss both scenarios and possible reasons behind their ascent and descent. Last month’s 45 percent year-over-year sales gain was the highest for any month since April 2002. At that time, sales catapulted 49 percent. However, the numbers from last month are somewhat misleading. The jump is partly the result of the exceptionally weak activity in September 2007, a record low for that month in DataQuick’s statistics that tracked data back to 1988. A number of factors contributed to the low numbers from a year ago. Sales plunged after a credit crunch struck in August 2007, making mortgages harder to obtain. In addition, entry-level sales were already suffering from the subprime meltdown earlier in 2007.
The second scenario is the continued decline in the Read more
Uncommon Steps to Maximize Your Tri-Valley Home’s Selling Potential
October 21, 2008
Do you want your home to stand out from the crowd? The current marketplace is not to be taken lightly if you are a home seller. If you have your home listed or you are contemplating listing your home, there are a number of uncommon steps that you can take to improve your opportunity to sell.
Everyone pretty much knows about the common techniques that most sellers take when putting their home on the market. Everything from de-cluttering to general cleaning to staging tend to be common practice. However, in this marketplace going the extra mile for your home is essential. Try these 5 uncommon home improvement tips to add extra appeal:
- Identify odd smells. Trust your Realtor and ask them if they detect any odd smells in your home. We are often so accustomed to the smells in our own house that we have trouble detecting them. Pay special attention to the kitchen and focus on the refrigerator, microwave and dishwasher.
- Provide an intensive cleaning for your refrigerator and washer and dryer units. Vacuum the coils and grates to show a cleaner appearance. Make sure to clean around and behind the refrigerator, too. In addition, you will be improving your energy efficiency for that appliance. Also, the lint and detergent that may have collected on the washer and dryer units should be removed.
- Clean your blinds and around the window sill. This is an area where Read more
Tri-Valley Receives a Gift in Danville’s Sideboard
October 14, 2008
My wife loves to try new restaurants. She wants me to relay to my readers what she considers a true gem in a newly opened restaurant in downtown Danville. The restaurant is Sideboard, and it is in the quaint Danville Hotel on Hartz Ave.Sideboard is a casual restaurant with a concentration on local, organic (when possible) ingredients. Think of Sideboard as gourmet comfort food at its best. The vibe in the restaurant is cozy chic done in a modern, welcoming way. The attention to detail and thoughtful touches make this restaurant a real stand-out and one that needs to be on the top of your “Go and Try” list.
My wife has gone twice with her friends for dinner. They are open for breakfast and lunch, too. You order at the counter at Sideboard, and they give you a little table marker and bring your food to your table. You gather your own utensils, napkins, water. The water, fruit and herb-infused, is even good at Sideboard. Some may find this approach a bit too casual, but it seems to work at this unpretentious cafe.
Everything comes to your table Read more
Dublin, San Ramon, Danville, Pleasanton, and Livermore’s End of September Real Estate Update
October 6, 2008
This graph consists of real time inventory numbers for Danville, Dublin, Livermore, San Ramon and Pleasanton. Here are the active real estate housing stats for the Tri-Valley cities for the end of September.
TriValleyVine Resident Author
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ADAM GOLDEN REALTOR™ 925.899.6103 |
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