San Francisco Chronicle Real Estate

Thursday, February 28, 2008

Alameda County Home Sales Comparison

A statistics sheet recently found it's way onto my desk compliments of Tara White at Financial Title and I was compelled to share the numbers with our readers. The stats report resale single family residences and condos as well as new homes for January 08 and the % change from January 07. Below is data of some of the zip codes our clients have purchased or sold homes in:

| ZIP Code | # Sales | % Chg Sales | Median | % Chg Median |
94501 / 16 / -40.7% / $552,500 / -16.3%
94502 / 3 / -75.0% / $751,000 / 31.8%
94706 / 2 / -60.0% / $539,000 / 86.2%
94702/ 4 / -63.6% / $482,500 / -21.3%
94703 / 4 / -20.0% / $359,500 / -42.0%
94705 / 2 / -77.8% / $1,234,000 / 72.1%
94707 / 4 / 33.3% / $631,000 / -16.7%
94708 / 4 / -33.3% / $773,000 / -7.6%
94710 / 2 / 100.0% / $429,500 / n/a
94608 / 8 / -82.2% / $539,000 / 86.2%
94601 / 8 / -69.2% / $372,500 / -20.3%
94602 / 13 / -7.1% / $526,000 / -11.2%
94605 / 30 / -41.2% / $405,000 / -27.0%
94606 / 4 / -63.6% / $470,500 / -3.4%
94607 / 7 / -66.7% / $290,000 / -37.8%
94609 / 1 / -93.8% / $639,000 / 19.4%
94610 / 6 / -64.7% / $312,500 / -37.1%
94618 / 6 / -64.7% / $1,018,500 / 38.9%
94619 / 6 / -71.4% / $340,000 / -39.0%
94611 / 10 / -50.0% / $709,500 / 21.3%

Wednesday, February 20, 2008

Emeryville's New Voice

A quick welcome to yet another established blog in the East Bay that is devoted to the Emeryville community. Emeryville Live Blog is a fantastic resource for our friends that we have helped to move there as well as our buddies over at Pixar. If your curious about what else Emeryville has to offer besides great shopping, stop by EmeryLive.com.

Claremont Middle School Community Day

On Friday February 22nd the Rockridge District Association will be hosting the first ever Claremont Middle School Community Day. In the morning of the 22nd business owners along College Avenue will open their doors and volunteer their time to host tour groups of eager middle schoolers, as they examine Rockridge's thriving thoroughfare. This will offer students be an inside look at the mechanics of restaurant, retails and service oriented operations including Maison Nouveau!

Namaste Working on Rockridge Blog

It's recently been brought to my attention that Namaste has been working on a fantastic blog resource for our Rockridge Community. I would encourage all to keep an eye peeled for this site once it officially goes live as Rockridge was in desperate need of a local voice for events and happenings. And if you need any assistance please don't hesitate to contact us over at Maison Nouveau, I'm always willing to lend a hand!

Monday, February 18, 2008

Economic Stimulus Package

President Bush signed the economic stimulus package last week which offers people in high-priced real estate markets a little relief but does it have the punching power to really dent the real estate mess. Below are a short list of links regarding this economic stimulus package:

Tuesday, February 12, 2008

Gallery Opening This Evening 6-8PM

A quick reminder of this evening's festivities at Maison Nouveau. We will be featuring the work of two local photographers, Joan Lakin Mikkelsen and Margaretta K. Mitchell. It's not too late to RSVP by calling the office at 510-594-7700.

Thursday, February 7, 2008

NAR Predicts Home Prices To Continue To Fall

The National Association of Realtors has recanted on a previous forecast of 2008. Stating that instead of home prices remaining flat as previously projected, homes sold in '08 will take a 1.2% drop in price. In this CNN Money article NAR makes many bold predictions on next year's housing market based on economic projections for the next year. Click HERE for the full article.

Wednesday, February 6, 2008

Baby Boom & Bust

Hugh Robertson forwarded me this great article featured in The Economist, discussing the market as it pertains to the "generational housing bubble" with baby-boomers. Click HERE for a quick read on an interesting topic.

Today"s Real Estate News Provided by Inman News