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April 2008 - Posts

Friday, April 25, 2008 9:34 AM

Berkeley weekly sales stats April 18-25

closed sales week of April 18 to 25th Address DOM LP SP BR Bth SqFt BT Lot SqFt Pric diff 1094 CRAGMONT AVE 10 $799,000.00 $905,000.00 2 2 1142 DE 6750 113% 982 GRIZZLY PEAK BLVD 4 $1,025,000.00 $1,075,000.00 3 3 1979 DE 5754 105% 1373 CAMPUS DR 17 $1,065,000.00
Posted by Philip Kaake | 0 Comments
Friday, April 25, 2008 9:07 AM

Alameda weekly sales stats April 18-25

Make of these stats what you will. First off nothing closed at list price this last week. I also double check the original list price so that this chart acurately reflects the original list price of the property. Prices of closed properties are coming
Posted by Philip Kaake | 0 Comments
Friday, April 18, 2008 8:58 AM

This weeks sales in Alameda

This weeks sold homes in Alameda. (April 11 to April 17) DOM refers to days on market. List to sold is the percentage different that the home sold for versus it's list price. One could infer a trend towards lower than list price sales, remember these
Posted by Philip Kaake | 0 Comments
Thursday, April 17, 2008 8:35 AM

Short Sales

A short sale is when the homeowner owe's more on the property than it will probably sell for. Short sales are the first stop on a homeowners trip trying to avoid a possible foreclosure. If the price is right they will look very enticing. I have not
Posted by Philip Kaake | 0 Comments
Thursday, April 17, 2008 8:26 AM

Neighborhoods in Transistion

Nice post this week about the Elmwood neighborhood in Berkeley http://sfbay.redfin.com/blog/2008/04/college_avenue_elmwood_a_street_in_rapid_transition.html
Posted by Philip Kaake | 0 Comments
Tuesday, April 15, 2008 1:42 PM

Price reductions. Just a glimpse

Not that long ago people put their houses on the market and were almost assured that they would sell at or above asking. Then the other shoe dropped and those same sellers placed their house on the market and would wait. A few were lucky and saw buyers
Posted by Philip Kaake | 0 Comments
Thursday, April 10, 2008 1:45 PM

Behavioral Finances

New terms for both psychology and finances seem to be in the process of being created. An interesting radio interview popped up on my radar the other day. Needless to say the psycholgy of finances and how people make decisions is extremely interesting
Posted by Philip Kaake | 0 Comments
Thursday, April 03, 2008 1:42 PM

Blogging about blogging about Real Estate... in Berkeley

Hey just what a circular self referential blog should be. A comment from Tracy Taylor at Redfin about my blog. I read their blogs regularly and find them to be interesting dialogs on the state of the Bay Area Real Estate Market. http://sfbay.redfin.com/blog/2008/04/berkeley_housing_market_finally_breaks.html
Posted by Philip Kaake | 0 Comments