Home Sales Report

Home Buyers Market Report Oakland CA 94610 Market Update – Oakland 94610 – July 8, 2022 This week the median list price for Oakland, CA 94610 is $1,647,000 with the market action index hovering around 66. This is less than last month’s market action index of 77. Inventory has increased to 18. “How’s the Market?” (rate of sales versus inventory) The market […]
Home Sales Report Oakland Sidewalk Ordinance (Temporary Suspension) Oakland sales have a new requirement: Sidewalk Ordinance. This requirement resulted because too many people were tripping and falling on the uneven, cracks, and holes on the sidewalks. And then, the people were suing the City. For example, an uneven sidewalk caused caused a man to trip and fall on June 12th. The fall resulted […]
Home Sales Report Don’t Lose Your Deposit Money – Contingencies Because of the competitive situation in the San Francisco Bay Area, some agents are writing offers without any contingencies. Or listing agents are telling buying agents that in order to be considered, the offer should have no contingencies. Contingencies protect the buyer’s deposit money in case buyer wants to cancel. Remember that in a real […]
Home Sales Report Future of Real Estate Market After COVID-19   What will the market do after COVID-19? What will it look like? There are various opinions. A short survey done in May found that some Latin agents think that the market will go down. It was hard to determine when and by how much. The change probably would happen by the middle or end […]
Home Sales Report 2020 Home Buyer Trends (NAR) According to the Census Bureau’s Housing Vacancy Survey (HVS), the USA home ownership rate reached 65.3% in the 1st quarter of 2020 vs 64.2% in 2019. It increased! Go figure! First-time buyers made up 33% of all home buyers, the same as last year. Fifty two percent of buyers 30 to 39 years and 88% […]
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