Wednesday, February 24, 2010

Help.... We need inventory!

Do you know anyone who is looking to sell this year? If so, I would love to speak with them. We, in the Bay area are in a strange predicament, the market has definitely changed but we still live in a area where everybody would love to own their own home. What we are seeing in places like Rockridge, Crocker Highlands and Areas of Berkeley have experienced a bit of an adjustment in price of about 10%-12%. However, there is little inventory and a ton of buyers. Because of this, we are also seeing multiple offers on homes that are priced right and show well.

Other places that are a in a more transitional area including North Oakland, South Berkeley and certain parts of East Oakland have seen some major price adjustments yet for homes under $500k there has been some major competition with as many offers of 5-15 total on a home. More than ever, it's important that your home shows well and that can be accomplished with home staging and/or working with a Realtor like myself who can help you rearrange your own furniture to make your home sparkle. You we be amazed what a fresh coat of paint can do for a home.

If you or someone you know, are considering selling, please have them contact me. I can help create a strategy that will get them top dollar in the time they want.

Thursday, February 04, 2010

Mortgage Protection Program Extended.

C.A.R.'s Housing Affordability Fund Mortgage Protection Program has been extended through December 31, 2010 or until funds are exhausted. Under the program, first time home buyers who lost their job due to lay-offs may be eligible to recieve up to $1500 a month, for up to 6 months, to help make their mortgage payments. An addition, a qualified co-buyer can recieve up to $750 a month for up to 6 months.

For additional information go to: