THE SECOND STORY | September 26th, 2019

Lunch on the HORNET

A week ago, some local Realtors were invited to have lunch on the USS Hornet, along with a huge group of local biz owners and local citizens, who were there to hear our new City Manager tell us about Alameda and his plans for The Island City.

The Hornet is truly a veritable floating history museum:

The bow (front end) of the Hornet
Rescue helicopter…for the Apollo spacecraft
This says it all….you never know what you’ll                    bring back to the earth!

Apollo Command Module – the real deal!

Last year the annual lunch was held at the Rock Wall Winery, which is also on the former Alameda Naval Air Station property.

Besides being very cold inside the winery, both locations were loud and echo-y and we could barely hear either of those main-event-speakers over the constant chatter of voices and plates.

These lunches were sponsored by the Alameda Chamber of Commerce. It’s always interesting to hear diverse opinions on the status/state of the city.

In my opinion, they are terrific and it allows some time to talk about biz in Alameda (or other subjects like local politics, gossip, or where people are going or have gone on vaca).

Definitions:

MLS=Multiple Listing Service 

AC= active contingent (the buyer needs to sell something before s(he) can complete the transaction. This could be when another buyer might write a back-up offer. If the primary buyer can’t meet the deadlines, the back-up moves into the primary position and it’s bye-bye to the first buyer). If the second buyer finds a property that s(he) likes…then they can drop out of the 1st property and write on the second property. One thing is for sure…you do NOT want to buy both properties at the same time.

BOM=back on the market (could be that the buyer had some conditions in the contract that s(he) couldn’t meet in a timely manner.)

PCH= price change (seller either raised or dropped the price)

PSB=pending sale (seller wants backup offers)

Tues tour 13

Active listings 65 including: 1 AC, 2 BOM, 3 PCH, 3 PSB

Pending 13 including: 3 PSB

Sold 8

Sold stats for this week…

Days on Market:

51 (high)

9 Low

Average 18

Median 13

All done for now!  Enjoy the weekend…contact me if you have questions about the market, where it’s going, where it’s been, etc. I’ll admit I don’t know all of the answers….

best, marilyn

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Marilyn

I arrived in Alameda in 1973, as a new bride...with husband Carl Schumacher, both of us from Newport Beach. He was embarking on his career as a Naval Architect (i.e. yacht designer) under Gary Mull. Please see the 'ABOUT ME' page in this website! www.MarilynSchumacher.com to see how it has all turned out! I'm so blessed!