alameda real estate: Taxing Time - 03/10/09 12:08 PM
I came across a press release from the National Association of Realtors® that I thought was a good reminder as the tax deadline rapidly approaches. Congress and the state of California have made a lot of changes through the stimulus package and the state budget that impact home owners. It is crucial tax information that may affect the bottom lines of all homeowners, buyers and sellers.
“Congress has passed new tax laws that will help many people who may be struggling in these challenging times,” said National Association of Realtors® President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in … (0 comments)

alameda real estate: The Many Are Not Here - 02/24/09 05:36 AM

Flickr Photo Courtesy of DCJohn
 
Visit: 94501 Real Estate @ http://94501realestate.blogspot.com/
I have purposefully held off on writing about the Federal Government’s new “Homeowner Affordability and Stability Plan” until I had a chance to read all the information and understand how it would impact our fair Island.
As details of the plan came out, I did not hold out much hope that it would do anything for Alameda homeowners. Now that I have a chance to review the fine points of the plan it is proving to be true.
Carolyn Said, a very good real estate writer, over at the … (0 comments)

alameda real estate: Grand New Homes - 01/21/09 08:26 AM

Yesterday was an amazing day in terms of people viewing and following the inauguration events and festivities. I know that my Internet access was very slow yesterday do to the volume of people clicking and streaming to follow the day’s events. Here at 94501 Real Estate it is time to get back to looking at how housing in Alameda is holding up and what the future may hold.
Lost in the news yesterday, New Home Builders gathered in Las Vegas to get a handle on direction that segment of the housing market and where it will head in 2009. Frankly, … (0 comments)

alameda real estate: New Inventory hits the Alameda Market - 01/19/09 07:46 AM
Thursday to Friday evening was a busy day for Alameda real estate with six new listings coming on the market. Four of the properties were single family residences and the other two were multi-family. Prices ranged from $479,900 to $800,000, and all of the new listings were in the 94501. On Sunday, a property was added to the inventory in 94502. A little concerning is nearly half of the seven listed properties from the Thursday to Sunday are distressed. A home, 8 Ferro Court and a duplex, 518 Taylor are foreclosures. Adding to the distressed list is a short sale, this … (0 comments)

alameda real estate: The Island is Flat - 12/22/08 09:20 AM
On Friday, the San Francisco Chronicle reported that home values have plummeted to an eight year low to a median home price of $350,000 down 47.8%. It is obvious to say that that is a huge decline, but here in Alameda it appears that the market has held up well over the last year.
I took a look at the Average Listing Price on Island in 2007 verses 2008, and it shows that prices that sellers are asking are slightly down, but overall fairly flat. The main Island saw a 5% decline in the asking price. The average of the actual … (0 comments)

 

John Oldham

Alameda, CA

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