Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

East Bay Market Update--Low Inventory & High Demand: Rising Prices
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 truly motivated—concerns over jobs were a major factor. Now the increase in tech jobs has trickled up from Silicon Valley, to SF, and across the Bay, increasing confidence.
—there’s an emotional component—many buyers  simply got tired of waiting
—enormous increase in rental rates first in SF and then in the East Bay have motivated buyers to jump into the market. Oakland rents are up over 19% from last year! I’ll write a separate post focusing on that! But just so you know, average rental rates in SF are now between $2700-3000 for 600-900 sq. ft.  I’ll show you what that ... more

__________________________________________________
Are you on The Rain? Grow Your Network!