THE SECOND STORY | February 13th, 2020

Co-living…..

 

It doesn’t matter if you have somebody special or not. Everybody deserves to be listened to and actually heard. So Happy Valentines Day to all! The photo above was sent to me by some very dear friends. 

 

I received an email a few moments ago explaining what ‘co-living’ is. I’ve been by myself for so long…I’m more than happy to continue that way. I can argue with me, be quiet with me, fall asleep anywhere: in my back yard, my bed, my reclining chair, with my radio on NPR, with my TV on.  

Check this out…

https://www.cnbc.com/video/2020/01/24/start-up-bungalow-is-taking-homes-and-making-them-co-living-communities.html

Of course, this video doesn’t talk about rent-control and all of those ramifications that could be involved. Or if somebody moves in, and then acts like an ass?  What if the owners want to sell the house — are the renters able to stay? How about if one or more folks are not nice and mean? But it’s an interesting idea! 

 

Definitions:

MLS=Multiple Listing Service 

AC= active contingent (the buyer needs to sell something before s(he) can complete the transaction. In this instance, another buyer might write a back-up offer. If the primary buyer can’t meet the contract deadlines, it’s bye-bye to the first buyer. And the back-up offer moves into the primary position. Be sure your agent explains all of this to you! You do NOT want to lose your deposit to the Seller.)

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 & agent wants backup offers)

REO=  Real Estate Owned by the lender (The seller may have stopped paying the lender, was behind a few months, etc. It’s a foreclosure!)This the first time in years that I’ve added this to our list!

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Broker Tour Tues 8

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Active 27 including 1 BOM, 1 PCH

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Pending 8

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Sold 5

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Market Stats for Active Listings (Days on Market)

High = 1022

Low = 7

Average = 125

Median = 22

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Market Stats for Pending (Days on Market)

High = 8

Low = 0

Average  = 21

Median = 10

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Market Stats for Sold (Days on Market)

High = 85

Low = 0

Average = 21

Median =10

Have a great 3 day weekend!

best, marilyn

check out my ‘for fun’ blog – Boomer-chick-musings

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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!