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Helen and Kathryn's Newsletter | |
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| Greetings! |
 The beginning of 2010 has proven to be very busy for real estate in the East Bay. Even though there are not many homes on the market, many of the ones that are for sale are receiving multiple offers and going for significantly more than the asking price. Interest rates remain very low and the first time home buyer credit has many new buyers entering the market. We hope you find this newsletter useful and interesting. If you need more information on any real estate related needs, please let us know. If you don't want to receive this newsletter, please click on "Unsubscribe" at the top or bottom of the email. |
Some Recent Sales in Berkeley
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Street |
List Price |
Sales Price |
Bd/Ba |
Sq. Ft. |
Date Sold |
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Queens nr Quail |
$879,000 |
$885,000 |
3/2 |
1678 |
2/2 |
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Francisco nr McGee |
$619,000 |
$695,000 |
3/1 |
1199 |
2/11 |
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Bervely nr Monterey |
$750,000 |
$927,000 |
3/2 |
1444 |
2/16 |
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Shasta nr Sterling |
$895,000 |
$1,110,000 |
3/2 |
2026 |
3/4 |
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Keith nr Euclid |
$699,000 |
$735,000 |
2/2 |
1215 |
3/8 |
Data from Multiple Listing Service
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Some Recent Sales in Albany
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Street |
List Price |
Sales Price |
Bd/Ba |
Sq. Ft. |
Date Sold |
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Talbot nr Marin |
$480,000 |
$460,000 |
2/1 |
926 |
1/14 |
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Thousand Oaks nr Santa Fe |
$675,000 |
$691,000 |
3/1 |
1250 |
1/21 |
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Madison nr Clay |
$699,000 |
$699,000 |
3/2 |
2319 |
2/16 |
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Madison nr Clay |
$699,000 |
$699,000 |
3/2 |
2319 |
2/16 |
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Jackson nr Buchanan |
$550,000 |
$606,600 |
2/1 |
1068 |
2/19 |
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Visalia nr Curtis |
$525,000 |
$510,000 |
2/1 |
775 |
3/4 |
Data from the Multiple Listing Service
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Some Recent Sales in Rockridge
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Street |
List Price |
Sales Price |
Bd/Ba |
Sq. Ft. |
Date Sold |
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Miles nr Hudson |
$879,000 |
$951,000 |
3/1 |
1646 |
2/25 |
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Reata nr Chabot |
$612,810 |
$650,000 |
3/2 |
1807 |
2/25 |
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Starview nr Hiller |
$595,000 |
$580,000 |
3/2 |
1873 |
2/26 |
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Boyd nr Clifton |
$675,000 |
$692,500 |
3/2 |
2120 |
3/2 |
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Harbord nr Bdwy Terrace |
$858,000 |
$900,000 |
3/2 |
2364 |
3/5 |
Data from Multiple Listing Service
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Some Recent Sales in El Cerrito
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Street |
List Price |
Sales Price |
Bd/Ba |
Sq. Ft. |
Date Sold |
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Harper nr Gatto |
$769,900 |
$762,000 |
4/4 |
2205 |
2/25 |
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Don Carol nr Arlington |
$980,000 |
$980,000 |
5/2 |
3541 |
3/1 |
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Norvell nr Manila |
$398,850 |
$500,000 |
3/1 |
1185 |
3/2 |
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Contra Costa nr Moeser |
$419,000 |
$515,000 |
2/1 |
1042 |
3/2 |
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Bonnie nr Seaview |
$629,000 |
$600,000 |
3/1 |
1344 |
3/12 |
Data from Multiple Listing Service
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Search for Homes in the East Bay
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Search East Bay MLS
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Mortgage Rates
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National Average Mortgage Rates
as of 3/22/10
15 Year Fixed Conforming 4.25% 30 Year Fixed Conforming 4.75% 5/1 Year ARM Conforming 3.5%
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| 5 Essential Questions to Ask Before Hiring a Contractor |
You're ready to remodel but you want to make sure you get the best contractor for the job. Here's what to ask the candidates before you decide.
For all of the excitement of choosing plumbing fixtures, cabinets, and tiles for a remodeling project, the most important decision you make won't involve color swatches or glossy brochures. It's the contractor you pick that makes or breaks the job. That choice will determine the quality of the craftsmanship, the timeliness of the work, and the amount of emotional and financial stress the process puts on you. To make sure you're getting the best contractor for the job, here are five questions to ask the candidates.
1. WOULD YOU PLEASE ITEMIZE YOUR BID?
Many contractors prefer to give you a single, bottom-line price for your project, but this puts you in the dark about what they're charging for each aspect of the job. For example, let's say the original plan calls for beadboard wainscot in your bathroom, but you decide not to install it after all. How much should you be credited for eliminating that work? With a single bottom-line price, you have no way to know. On the other hand, if you get an itemized bid, it'll show the costs for all of the various elements of the job-demolition, framing, plumbing, electrical, tile, fixtures, and so forth. That makes it easier to compare different contractors' prices and see where the discrepancies are. If you need to cut the project costs, you can easily assess your options. Plus, an itemized bid becomes valuable documentation about the exact scope of the project, which may eliminate disputes later. The contractor shouldn't give you a hard time about itemizing his bid. He has to figure out his total price line by line anyway, so you're not asking him to do more work, only to share the details. If he resists, it means he wants to withhold important information about his bid-a red flag for sure.
2. IS YOUR BID AN ESTIMATE OR A FIXED PRICE?
Homeowners generally assume that the bid they're seeing is a fixed price, but some contractors treat their proposals as estimates, meaning bills could wind up being higher in the end. If he calls it an estimate, request a fixed price bid instead. If he says he can't offer a fixed price because there are too many unknowns about the job, then eliminate the unknowns. "Have him open up a wall to check the structure he's unsure about or go back to your architect and solidify the design plans," says Tampa, Fla., attorney George Meyer, who is chair-elect of the American Bar Association's Forum on the Construction Industry. If you simply cannot resolve the unknowns he's concerned about, have the project specs describe what he expects to do-and if he needs to do additional work later, you can do a change order( http://www.houselogic.com/articles/what-remodeling-contract-should-say/) (a written mini-bid for new work).
3. HOW LONG HAVE YOU BEEN DOING BUSINESS IN THIS TOWN?
A contractor who's been plying his trade locally for 5 or 10 years has an established network of subcontractors and suppliers in the area and a local reputation to uphold. That makes him a safer bet than a contractor who's either new to the business or new to the area-or who's planning to commute to your job from 50 miles away. You want to see a nearby address (not a PO box) on his business card-and should ask him to include one or two of his earliest clients on your list of references. This will help you verify that he hasn't just recently hung his shingle-and will give you perspective from a homeowner who has lived with the contractor's work for years. After all, the test of a quality job, whether it's a bluestone patio or a family room addition, is how well it stands the test of time.
4. WHO ARE YOUR MAIN SUPPLIERS?
You've found a few potential contractors, you've talked to the happy former clients on each of their reference lists, now it's time for one additional bit of homework: talking to their primary suppliers. There's no better reference for a tile setter, for example, than his preferred tile shop; for a general contractor than his favorite lumberyard or home center pro desk; for a plumber than the kitchen and bath showroom where he's on a first name basis. The proprietors of these shops know a contractor's professional reputation, whether he has left a trail of unhappy customers in his wake, if he's reliable about paying his bills-and whether he's someone you'll want to hire. The contractor should have absolutely no qualms about telling you where he gets his materials, as long as he's an upstanding customer.
5. I'D LIKE TO MEET THE JOB FOREMAN-CAN YOU TAKE ME TO A PROJECT HE'S RUNNING?
Many contractors don't actually swing hammers. They spend their days bidding new work and managing their various jobs and workers. In some cases, the contractor you hire may not visit the jobsite every day-or may not even show himself again after you've signed the contract. So the job foreman-the one who's working on your project every day-is actually the most important member of your team. Meeting him in person and seeing a job that he's running should give you a feel for whether he's someone you want managing your project. Plus, it gives the general contractor an incentive to assign you one of his better crews since you're more likely to hire him if you see his A Team. If the contractor says he'll be running the job himself, ask whether he'll be there every day. Again, he'll want to give you a positive response-something you can hold him to later on. It's not only the answers to these questions that will help you judge potential contractors-it's the way they answer them. Were they easy to talk to and forthcoming with details or did they hem and haw and make you ask more than once? Difficulty communicating now means difficulty communicating on the job later. But clear, timely and thoughtful responses-combined with terrific references, great completed work that you've seen, and a smart take on your project-may mean you've found the right pro for your job. A former carpenter and newspaper reporter, Oliver Marks has been writing about home improvements for 16 years. He's currently restoring his second fixer-upper with a mix of big hired projects and small do-it-himself jobs.
By: Oliver Marks
Published: September 30, 2009
Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R). Copyright 2010. All rights reserved.
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| Interesting Local Events & News |
| A few fun things are happening in the Bay Area right now and in the next couple of months.
A new stage production of J.M. Barrie's classic story, Peter Pan, performed in a state-of-the-art 1350-seat theatre pavilion is coming to San Francisco on April 27th at the Ferry Park - more information at www.peterpantheshow.com. "Conceived by an award-winning creative team and featuring 22 actors, stunning puppets, epic music, and dazzling flying sequences surrounded by breathtaking video, Peter Pan was a smash hit when it launched in London in 2009. The world's first 360-degree video projection for live theater flies both cast and audience over Edwardian London.."
San Francisco Opera's Summer season will feature Faust by Gounod, The Girl of the Golden West by Puccini and Die Walkure by Wagner. We are so lucky to live in such a great area for interesting cultural activities.
And Helen's favorite sport, baseball, is back with the San Francisco Giants beginning their season with the first game at AT&T park on April 9th - Cy Young Award night on April 10th. And the Oakland A's first game on April 5th againgst the Seattle Mariners.
Helen was on 4th Street recently and saw the Cupkates truck which is there every Sunday selling cupcakes at 12:30. Other locations and times are on their web site at www.cupkatesbakery.com. It is a local East Bay treasure. |
For more information about any of the properties or events listed above, please call us at 510-207-2968 (Helen) or 510-593-7311 (Kathryn), or simply respond to this email. We'd love to share our real estate tips and experience in the East Bay community with you!
Feel free to visit our website at www.helenandkathryn.com for more information as well.
We honor your privacy and requests to be deleted from the mailing list. Simply click on to the Unsubscribe link below if you are receiving this newsletter, but would prefer not to. On the other hand, if you'd like to pass it along, please do so!
Helen and Kathryn
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