What $800K can get you in the Berkeley Hills…

Looking for a “bargain” in one of the most fantastic areas of the East Bay? Then you’ve gotta check out 2564 Buena Vista Way. Described as a romantic Spanish Mediterranean Home in North Berkeley near the campus, it has bay and bridge views, cathedral ceilings, carbed trusses, period details, 2 master suites, 2 fireplaces and a suny and bright enclosed atrium, waterfall and lily pond! At $800K up in the hills this is truly a bargain for the area. Read more

Alameda County Statistics 3/08 to 3/09…

Want to know what’s going on in Alameda County? It’s on FIRE!! Multiple offers are common place. Cash buyers are everywhere and FHA buyers are having a hard time. It’s as if we are back in 2005/2006. If you are looking at property under $400K you better run to that property and put in a bid.

Offers without contingencies are back. Offering 30, 40, 50K over asking is not unusual. Appraisals are a pain in the ass. Not the appraiser but the system itself. Getting an appraiser that is familiar with a local area is a crap shoot, a roll of the dice. Today you need to move fast, be creative and have an agressive offer price with sweet terms. Read more