May 2012 
There are 1 blog entries for May 2012.
The Oakland Real Estate Market is HOT
Wednesday, May 30th, 2012 at 2:41pm. 545 Views, 0 Comments.
I'm happy to say, that there is definitely a significant increase in activity compared to this time last year. Multiple offers are becoming more and more common, I've had several clients in the past few months get outbid on properties. One recent client purchased a home in Castro Valley and paid over 25k over the asking price.
The inventory of homes for sale has went down, which means that naturally demand is increasing. In addition to near historic low interest rates, this has led to our Market in Oakland and the surrounding East Bay to really heat up. I'm hopeful that this also means that we are closer to the days when foreclosures and short sales are just a small fraction of the market...as they should be. Condo developers are putting units on the…
The Oakland Real Estate Market is HOT
I'm happy to say, that there is definitely a significant increase in activity compared to this time last year. Multiple offer... Add Comment Read MoreShort Sale Debt Cancellation Set to Go Away
Originally, when you did a short sale you were taxed on the amount that you were forgiven by the lender. This was a seri... 13Comments Read MoreChanges To FHA Mortgage Insurance Premium
The Federal Housing Administration recently announced an increase in the upfront Mortgage Insurance Premium. Mortgage insuran... 4Comments Read More
