Dear Friends,
I hope this update finds you and your family well.
Feel free to reach out to me if you want more information or if you want to see any of these properties.
Stay safe,
Sophia
Condo, Townhouse & Single Family Properties (7/1/20)
|
|
|
2520 Clement Avenue | Duplex| $1,100,000 | 331 Days on Market
1625 Santa Clara Avenue | Fourplex| $1,297,000 | NEW
2171 San Antonio Ave | Triplex| $1,350,000 | 88 Days on Market
897 Oak St | Fourplex| $1,480,000 | 17 Days on Market
|
Dear Friends,
Lots of activity in the housing market this week. Many properties have come on the market. At the same time, several homes closed escrow this week proving that the lending industry remains stable. Interest rates are still low – hovering around 3.0-3.25% for a 30 year fixed.
Feel free to reach out to me if you want more information or if you want to see any of these properties.
Stay well,
Sophia
Condo, Townhouse & Single Family Properties (6/17/20)
|
|
FAQs
Now that buyers have resumed home shopping, how has the market been overall?
The numbers for May are in. The most striking piece of data for me is the number of homes sold year to date last year versus this year. We are about 62% of homes sold compared to last year in Alameda. March and April were understandably slow. I am not sure how much we can recover for the remainder of the year as many sellers are waiting to put their homes on the market, driving supply down.
Interest Rates this Week
The rates have dropped this week and are hovering around 2.875-3.125% for a 30 Year fixed loan. This drop will likely encourage more buyers to enter the market.
What’s on the market?
Market Activity
Friends,
As always, let me know if I can be of service.
I hope you and your family continue to stay well,
Sophia
Dear Friends,
Lots of properties to check out this week. The big news this week is that interest rates are slightly lower than last week – many lenders quoting under 3% for a 30 year fixed conventional loan.
As always, the health and safety of my community is my top priority. If you want more details about how I am safely helping buyers and sellers, let me know.
Stay well,
Sophia
Condo, Townhouse & Single Family Properties (6/10/20)
|
|