east bay market update: East Bay Market Update--Low Inventory & High Demand: Rising Prices - 11/12/12 02:25 PM
Here’s the quick summary of the basic question: what has happened in our East Bay Area real estate market in the past year. A year ago all the talk was about buyers sitting on the fence. Buyer apathy and lack of willingness to make a decision changed quickly to motivation. The change occurred quickly at the beginning of 2012 in SF, two months later in the East Bay, mid-March, specifically. Rates had been great last year. Yes, they’re even better now, but that wasn’t the big difference. Issues of confidence were huge: buyers needed to see that the bottom had been reached before they were … (5 comments)

east bay market update: What are the 2012 Buyers Looking for in the East Bay? - 02/26/12 10:12 AM
Last year, even with gorgeous interest rates and discounted prices, it was tough to get home buyers off the fence. Getting a “bargain” became more importaa bit more willing to paynt than getting a good home. If the first two months of 2012 are a true indication, buyers this year seem to acknowledge that these phenomenal rates won't last forever and nor will these low prices. Buyers seem ready to buy this year!
It seems the majority of buyers, especially the younger professionals, want to be near amenities: cafes, restaurants, bookstores, transportation. Mostly coffee! I so wish I’d patented my “latté … (2 comments)

Arlene Baxter, Listing/Buying agent, Historic to Green, 2012 REALTOR of the Year, Berkeley Association Berkeley CA & environs (Red Oak Realty)

Arlene Baxter

Listing/Buying agent, Historic to Green, 2012...

Berkeley, CA

More about me…

Red Oak Realty

Address: @GreenBungalows on Twitter, Berkeley, CA, 94707

Mobile: (510) 717-1799

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Arlene Baxter's musings on the state of real estate in Berkeley, CA and its neighboring communities, and the joys and pleasures of this area that inspire so many fine folks to want to live here. In-depth East Bay real estate market updates, restaurant reviews, architectural appreciation and garden gandering!




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