November 2007 
There are 3 blog entries for November 2007.
Great Deals On Bank Owned Properties in Oakland
Wednesday, November 28th, 2007 at 12:04am. 566 Views, 0 Comments.
Prices on homes in the flatlands of Oakland have come down considerably in the last year. Many of the best priced homes on the market are bank owned properties which have been put back on the market after the owner lost it to foreclosure.
There hasn't been many single family homes on the market for $175-300k in the past few years, but now they seem to be popping up everywhere. Granted these are homes that are usually in need of some TLC (and sometimes more than that) these are still homes that would of sold for much more in 04-05.
When the banks hire agents to put these homes on the market, they usually price them very low in order to attract immediate interest and generate offers. They would rather not have the property languish on the market,…
New Jack London Square Luxury Condos:
Monday, November 12th, 2007 at 5:13pm. 33552 Views, 0 Comments.
As you may already know, Jack London Square in Oakland is in the midst of a $400 Million dollar development lead by the Ellis Partners LLC. Part of the development includes "The Ellington", which is going to be a luxury condominium building at 3rd and Broadway.
Amenities will include a 24hr attended lobby with electronic controlled access, Concierge services, a 50 foot outdoor heated pool, controlled access parking, wifi throughout and a clubhouse.
There's a focus on bringing natural light in as well, wit huge windows that take advantage of the Bay view. There will be one and two bedroom units, and penthouses with rooftop decks available.
As far as pricing, there are going to be one and two bedroom units with different floorplans. The one bedroom…
Interest Rates Still Low
Friday, November 2nd, 2007 at 9:45pm. 530 Views, 0 Comments.
The Fed cut the interest rate by a 1/4 point on their last meeting, which is another positive development for the real estate market. Although rates are still historically low, every time the rates drop by even a little it can mean the difference between qualifying or not for some.
The Oakland Real Estate Market is HOT
I'm happy to say, that there is definitely a significant increase in activity compared to this time last year. Multiple offer... Add Comment Read MoreShort Sale Debt Cancellation Set to Go Away
Originally, when you did a short sale you were taxed on the amount that you were forgiven by the lender. This was a seri... 13Comments Read MoreChanges To FHA Mortgage Insurance Premium
The Federal Housing Administration recently announced an increase in the upfront Mortgage Insurance Premium. Mortgage insuran... 4Comments Read More
