East Bay Area Real Estate

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A Sickening Dip, Then Maybe A Jump – The real estate news in the Bay Area was bad in January, with sales volume down as much as 38% and prices down 5% or more. Interest rates just jumped from 4.81% to 5.05%… Buyers have come out in force in February, and we may soon see more sellers rise to the bait, putting their homes on the market. (Redfin)

To Buy or Not to Buy: Condo Realities Most condos are significantly less expensive to purchase than houses in the same area, so it’s easy to understand their appeal. However, the old adage “caveat emptor” (buyer beware) applies even more to condos than to single family homes. (HomeSpun)

Will My Home Appraise? Most folks don’t think about the hidden hurdle an appraisal can become until well into the buying or selling process. The appraiser may actually have the final say about a home’s value as seen by banks. With this in mind, we interviewed Adam Lehman, Certified Residential Appraiser, Yovino-Young, Valuation Consultants, to learn more about this process. (MarvinGardens)

BERKELEY

1564 Allston Way, Berkeley 2 bedrooms, 1 bath $579,000 Open Sunday February 13, 2:00-4:30pm
http://www.carolynjonesrealestate.com The Grubb Co.

1428 Delaware Street, Berkeley 2 bedrooms, 2 baths $605,000 Open Sunday February 13, 2:00-4:30pm – http://www.1428delaware.com Pacific Union International

1740 Rose Street, Berkeley 3 bedrooms 1.5 baths $649,000 Open Saturday & Sunday Feb. 12 & 13 2-4pm http://www.justsellmyhouse.com Red Oak Realty

OAKLAND

1024 Norwood Ave., Oakland 3 bedrooms, 2 baths $529,000 Open Sunday February 13, 2:00-4:30pm – http://www.LongCordeiroTeam – Red Oak Realty

6948 Colton Blvd., Oakland 3 bedrooms, 3 baths $687,000 Open Sunday February 13, 2:00-4:30pm
http://www.tericarlisle.com – Pacific Union International

99 Roble Road, Oakland 3+++bedrooms, 2.5 baths, $985,000 Open Sunday February 13, 1:30-4:30pm – http://realtyadvocates.com Realty Advocates

East Bay Real Estate Price Reductions – March 23, 2010

545 Pierce Street, Albany- Now $315,000
722 Key Route Blvd. , Albany – Now $545,000

2828 College Avenue, Berkeley – Now $2,600,000
2512 9th St, Berkeley – Now $649,000
1422 66th Street Berkeley – Now $392,900
1239 Martin Luther King Jr. Berkeley – Now $516,000

69 Kingston Rd, Kensington – Now $750,000

3701-7 8th Street, Oakland $559,000
2450 Palmetto Street, Oakland – $139,000
3000 Carlsen Street, Oakland – $480,000
3230 Stuart Street, Oakland $328,300
1351 E 36th Street, Oakland – $499,900
3925 Oak Hill Road, Oakland – $419,000
5729 Bancroft Avenue, Oakland – $199,500
15 Montwood Way, Oakland – $450,000
9931 Lawlor Street, Oakland – $285,900
3810 Delmont Avenue, Oakland – $249,000
1515 14th Avenue Oakland – $190,000
2621 Wakefield Avenue, Oakland – $329,900
222 Broadway, Oakland – $820,000
585 9th , Oakland $265,000
3831 West Street, Oakland – $249,000
3307 Magnolia Street, Oakland – $359,950
611 61st STreet – $499,988
3618 Kingsley Street – $749,000
5785 Chelton Drive, Oakland – $869,000
6378 Valley View Road, Oakland – $799,000
716 Sycamore Street, Oakland – $165,800
1555 Lakeside Drive, Oakland – $325,000
3760 39th Avenue, Oakland – $159,000
5458 Roberts Avenue, Oakland – $510,000

331 33rd Street, Richmond – $152,000
2548 Maricopa Avenue – $145,000
1329 Monterey Street -$170,900

East Bay Real Estate Price Reductions – March 22, 2010

Price Changes Listed today:
537 Chester, Oakland – Now $78,000
4800 Wall Avenue, Richmond – Now $119,000
3760 39th Avenue (CND), Oakland – Now $159,000
716 Sycamore Street, Oakland – Now $165,800
1326 Monterey Street, Richmond – Now $170,900
1515 14th Avenue, Oakland – Now $190,000
851 West Grand Avenue (CND), Oakland – Now $199,950
2215 Curtis Street, Oakland – Now $199,950
853 West Grand Avenue (CND)- Now $199,950
3846 Delmont Avenue, Oakland – Now $229,500
2217 Curtis Street, Oakland – Now $269,950
753 Hutchings Drive, San Leandro – Now $299,900
14970 Swenson Street, San Leandro – Now $324,900
2621 Wakefield Avenue, Oakland – Now $329,900
606 Douglas Drive, San Leandro – Now $339,000
2219 Curtis Street, Oakland – Now $369,950
3925 Oak Hill Road, Oakland – Now $419,000
15 Montwood Way, Oakland – Now $450,000
2213 Curtis Street, Oakland – Now $469,950
2340 Marina Blvd., San Leandro – Now $599,950
11031 Broadway Ter, Oakland – Now $610,900
288 Crestmont Drive, Oakland – Now $699,900
2 Miranda Ct., Alameda – Now $759,000
1050 Creston Road, Berkeley – Now $899,900
4775 Commonwealth, Oakland – Now $1,325,000
120 King Avenue, Piedmont – Now $3,100,000