THE SECOND STORY | November 14th, 2019

Big difference between Alameda and Modesto!

Loads of locals were watching the sunset.

I rode my bike to a listing at Crown Harbor, on Tuesday. The agent was from Modesto…and she does biz pretty much… everywhere!  She was lovely and we talked a lot about local real estate, her kids, her family. Her gig was that she worked for folks that wanted her to work for them…because they had great experiences, either buying and/or selling property…most anywhere! 

I let her know that there are ‘other’ disclosures in Alameda County and Alameda City. And the fact that rent control is stiffer in Alameda, rather than the law that was passed in the state, this year.

These days, I include that Alameda rent control ordinance (3249) in all of my disclosures, even if the sellers/buyers don’t expect to rent their place out. But life happens and the sellers/buyers may find it worth looking at because it’s a whole new world out there.

I know a lot of Sellers who are thinking about moving out of Alameda (actually out of CA)….too expensive, too crowded, too much traffic, etc. In the past year I’ve had clients who moved to Idaho, to Boston, to Oregon.

I think about moving myself…but where? Not so sure. But it’s good and reasonable to think it through. And I do really like Alameda. It’s got a small-town feel, surrounded by huge cities. And it’s a flat and a nice place to ride a bike.

Alameda Real Estate this Week

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)

Market Stats this week for sold listings

Days on market = 137 high

Days on market = 0 low (1 was an off-market listing)

Average Days on market = 31

Median Days on market = 10

____________________________

Broker  Tour Tues 5

Active listings 42, including 2 price changes

Pending listings 41, including 5 pending sales, want backups

Sold 20

I’ll be having the last open house this Sunday @ 1404 Sherman St., 2-4pm and the Sellers will entertain offers, if any, on Tuesday. Come on by…most of the looky-loos/buyers loved the place because this condo really felt like a house!

Questions? Let me know!

best, marilyn

 

THE SECOND STORY | November 7th, 2019

Autumn…. and real estate….and daylight savings…

Autumn is definitely here.

In the autumn…there’s not so much competition and there are ‘for real buyers’ out there and there are ‘for real sellers’ out there.

Many folks think they need to sell when it’s spring or summer (kids are out of school, it’s a good time to make new friends, it’s vacation time).

These days…maybe not so much. There are year-round schools and vacations are divided up into smaller chunks of time (not 3 months: more like a 1 week here, 2 weeks there, a month somewhere else).

My mom thought canned goods were great. I get it…it made life simpler AND she had 4 squirrelly kids. I look at what I’ve got in my kitchen cabinets/drawers…not too much-canned stuff.

I may be on the older side…but we didn’t live on farms and we certainly didn’t harvest any crops. But I certainly appreciate those who harvest our food.

We also didn’t have any local Farmer’s Markets. But now we do! Food is fresher. And the fruits and veggies reflect the actual season that we’re in! Plus, most folks that I know do grow some types of veggies/fruit – especially if they grow food as part of a co-op.

I was remiss this past year. However, I took advantage of my lemon tree/bush (which is mostly year-round) and I shared those Meyer delights with others.

And a couple of years ago I needed to have Sal, my gardener, chop down our apple tree. It was undermining the carriage house concrete floor. And that carriage house was Carl’s domain, with all of his shop/tools/toys turning nothing into something beautiful.

And daylight savings? Um,  I think I like to be in one time zone all year long. None of this changing- clocks around.

Alameda Real Estate this Week

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)

Market Stats this week for sold listings

Days on market = 18 high

Days on market = 0 low (2 were off-market listings

Average Days on market = 8

Median Day on market = 8

Buh bye! Maybe see you on Sunday?

best, marilyn

————————————————–

Broker Tour Tues 10

43 Active (including 1 incl 1 BOM and 1 PCH)

48 Pending (including 6 PSB)

11 Sold 

I’ll be at 1404 Sherman St. (corner of Central and Sherman), this Sunday, holding an open house, 2-4pm! It’s bigger than most houses (1569 sf), and 3 bedrooms and 2.5 baths, with an in-unit laundry room, a lovely garden/patio, and a 2 car underground parking garage with a 300 sf (per the Seller) storage space! Yep! This is a 4 unit condo project built in 1980! Anderson windows throughout keep it quiet and not hot and not cold, and it has that ‘open concept’ kitchen, dining area, living area. And …Come by and check it out!

best, marilyn

THE SECOND STORY | October 31st, 2019

Halloween

Here are 3 Winners of the Week for Halloween costumes


This kid was a dinosaur.

This kid came as an outhouse. Genius.

 

This kid was a robot, complete with lights.

 

When the big kids come begging for candy, I always say ‘I’ll give you a trick, and then if you complete it, you’ll get a treat!” I usually say, “I want 5 high-kicking legs” for the girls. And I’ll say to the guys…”I want 10-15 jumping jacks.” It surely makes them work for the treats.

Alameda Real Estate this Week

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)

————————————————–

Broker Tour Tues 8

Active 44   incl 4 PCH

Pending  49 incl 6 PSB

Sold 9

Stats for Sold data this week:

Average Days on Market 14

Highest days on market 27

Lowest days on market 3

Median days on market 13

Alrighty…this says it all! I loved that kid who showed up as an outhouse. 

Questions? Answers? I may not know the answer, but I may have a clue….

best, marilyn

Check out my ‘for fun’ blog

Boomer-Chick-Musings.com

 

THE SECOND STORY | October 24th, 2019

S. Cal and N. Cal there is a difference….

…not about the weather, but how agents do biz.

My go-to property/pest inspector told me about the inspections that he performed last Tuesday morning, before we met at a client’s house.

 

Robert told me that the agent flew up from S.Cal to be present at the inspections, as did her buyers. They wanted to know immediately what was wrong with the house…because they said they needed to remove the inspection contingency, along with other contingencies that day. I believe the property was in the hills somewhere. I believed it was listed for 3 million bucks.

Robert held his ground, saying that while he takes extensive notes..it will take him about 3 days to think about the property, type up his observations, and look at the photos (which he includes in the report).

And remember, Robert is a licensed General Contractor. Few in the property inspection biz have a pest license as well  (WDO – wood destroying organisms).

I mentioned a couple of weeks ago that he built his 5000 sf house in Moraga, while doing home/pest inspections).

As he told me this, his thought was that they had ALREADY written an offer and that it was accepted…and now they wanted to get their licks in and knock down the price.

IMHO…a southern California agent has no business writing any offer in N. CA. (and the reverse, as well). The purchase contracts can be different, a title company does the title research, and the escrow company conducts the escrow. Plus, various locations have varying disclosures, rent-control issues, and more.

He was intuitive enough (and had been around the block a few times) to guess what the buyers were trying to do.

So Ms. S. CA….you may be walking your way into a lawsuit. OR you may be walking away from the transaction because the Sellers are being represented by a local agent. Just give a local qualified agent a referral, at leave it at that.

Just thinkin’.

Alameda Real Estate this Week

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)

BrokerTour Tues 9

Active listings 46 incl 5 PCH

Pending listings 45 incl 12 PSB

Sold 16

Stats for Solds this week 

Average Days on Market 104

Lowest Days on Market 4

Average Days on Market 23

Median Days on Market 13

That’s a wrap…call me and allow me to refer you to an agent(s) if you are thinking about moving out of town/area/state! I belong to the RES (Certified Residential Specialist), SRES (Seniors Residential Specialist) and those are comprised of excellent agents to make/give referrals to!

Stay cool!

best, marilyn

Check out my for fun blog….Boomer-Chick-Musings.com

THE SECOND STORY | October 18th, 2019

The natives have claimed their land back….

I took a bit of a working vacation….drove to Newport Beach with my bike on the back of my car. I stayed there for 5 nights. Had some lovely bike rides.

Then I drove to San Diego for a 3-day class to prep for renewing my real estate Broker’s License but stayed in SD for 5 nights. Had nice visits and a bike ride in SD with my son, his wife, and my 2 grandkids.

Then I drove from San Diego to Lodi (that’s a long drive)! Stayed there for 2 nights. Got home on Thurs eve..and now am writing my blogs on Friday eve.

 

Alameda Real Estate this Week

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)

Broker Tour Tues 12

Active listings 51 including 1 BOM ad 5 PCH

Pending 9 including 3 PSB

Sold 18

Text, em, call me if you have questions about this market. Note how many Alameda properties have price reductions this week….that alone tells me about the market.

All good! It’s getting so dark so soon!

best, marilyn

check out my “for fun’ blog….Boomer-Chick-Musings.com

THE SECOND STORY | October 4th, 2019

More meetings…..

I don’t know what planet we can see in the night sky…but it’s really close to the moon. This was taken on my cell phone last night..and it turned out better than I thought it would. 

https://www.timeanddate.com/astronomy/night/@11887772

 

I’ve been to 4 meetings between yesterday and today. And they’re all important, at least to me.

Wednesday’s morning meeting was titled “Better Together” and it’s true…we are all better if we work together and share a bit of our real lives. I find that doing so, will open up doors to us, because we’re being truthful and vulnerable. This was at our Alameda  Chapter of the Bay East Assoc. of Realtors.

Then yesterday evening I went to our (every) Wed evening meeting at our church.  I was an usher, and I ushered folks in through the front door. This is always very calming to me because we have a great organist that plays on our huge pipe organ. There are hymns that we sing.  We listen to our First Reader read selections from the Bible and our textbook, Science and Health with Key to the Scriptures, and there’s some testimony time. These calm moments are more heavenly than earth-bound.

Today, I went out to the BayEast Association of Realtors, in Pleasanton, to hear our Vice President and Assistant General Counsel, Gov (yep, that’s his first name) Hutchinson. I’ve been listening to him for years, going way back to the Harbor Bay Realty days.

Gosh, between his knowledge of rent control for the state of CA and our local rent control in Alameda (local city ordinances do supersede the state laws), I’m slowly, but surely, starting to get a handle on the specifics of our Alameda-style of rent control.

Then I finished up this evening with a group of housing experts from various agencies/companies at Independence Plaza (which is one of the City’s senior apartment/housing facilities, AND our Housing Authority office). This was sponsored by our local League of Women Voters. It was all about adding affordable housing and who/how/why we need it. We had experts there. Our Mayor was there, as well. I’m not sure this issue will be resolved, in my lifetime.

I ask myself…why do I do this? Then I answer myself: I want to hear it coming from the horse’s (person’s) mouth.  Attendance (or watching on Alameda cable 3) beats rumors. I do it for myself, and to keep apprised of what folks are thinking about. And maybe I can contribute something logical to the conversation: either with my clients or with neighbors & friends.

Alameda Real Estate this Week

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 wants backup offers)

Alameda Real Estate this Week

Broker Tour Tues 11

Active listings 64 (including 1 AC & 3 PSB)

Pending listings 11 (including 4 PSB)

Sold 10

That’s a wrap!

Have a good weekend!

best, marilyn

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

THE SECOND STORY | September 19th, 2019

Where ya gonna go…in a tsunami?

I attended a city meeting this evening….about tsunamis. We haven’t felt the effect of one of these for a long time, but the members of the not-crowded City Council chamber was mostly boat owners/dwellers.

I think that the city has records that I own a boat(s). We did own 2 boats and a canoe at one time.

The canoe is now hanging from the rafters in the carriage house (i.e. Carl’s former workshop). The canoe was one way that Carl taught Evan how to build stuff.

I got rid of the 26′ 1966 Chris Craft Hubba Hubba (a twin-engine gas guzzler) years ago. Sold it for $1. Yep…one buck. (see a previous post on Boomer-Chick-Musings.com)

As I was looking at the map on the screen this evening, I realized I’d seen the effects of a tsunami…where was I? Oh yeah. I was in 5th or 6th grade and we lived in San Rafael, in 1964.

That was the first time I’d seen the tide come in and go out within 15 minutes? Usually, the tides run between 6-7 hrs each. The Alaska earthquake hit and we felt the effects: 15 minutes for high tide and immediately 15 minutes for low tide.

COLUMBIA 24 CHALLENGER photo

My dad took me and my brother to the harbor where he kept his sailboat. It was a 24′ Columbia Challenger. San Francisco Bay is a much larger body of water than Newport Harbor, thus the larger boat.

The upshot of the meeting this evening is this: If we have a tsunami: go to Buena Vista Ave. and wait it out there, per the map that the presenters had. And BTW, Clinton Ave is considered high ground. Maybe we can have a bar-b-que.

Bay Farm Island, South Shore, and Eastshore….umm, not so much. They’ll be swamped (literally).

(BTW…Evan built a fence with some of his friends around the front of their house..it’s the type that is now “in” – the boards lay laterally rather than vertically. It looks good because it matches the vintage of the home – circa 1960s.)

Alameda Real Estate this Week

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)

Tuesday Tour 14

Active Listings (including 1 AC, 1 BOM, 4 PCH)

Pending Listings 12 (including 5 PSB)

Sold Listings 12

That’s a wrap! Contact me if you have questions (or if you have the answers) about this market!

best, marilyn

See my for fun blog Boomer-Chick-Musings.com

THE SECOND STORY | September 13th, 2019

Watching the ships roll in…

Action on the Alameda estuary.

I took this photo a couple of days ago. Sometimes I take a drive beyond where folks catch the west-end Alameda ferry over to San Francisco. While the city says there are 700-800 cars creating their own parking lots at ferry, I’ve never seen more than 10 cars in this ‘parking lot.’

It’s a change of scenery for me and I love it: tugboats, container ships (2 at this time: one was off-loading containers onto trucks, the other was full of containers), the ferrys, sailboats, small harbor/police boats, and usually a few guys throwing lines out to catch some fish, and lots of seagulls looking for food.

Alameda Real Estate this Week

Our Fire Chief, Edmund Rodriguez, graced us with his presence at the Alameda Inforum Marketing Meeting (aka AIMM) this past Tuesday @ 8:30am.

The Alameda Chapter of the Bay East Association of Realtors meets at the Grandview Pavillion for breakfast once a month to catch up with city officials, Association leadership, other Realtors/lenders/title company reps, friends,  meet other members, and to have a lovely buffet breakfast, then head out on the Tuesday tour.

The Chief was letting us know what it’s been like to be the Head Honcho in A-town, the shifts that the firefighters have, what’s required of them (all types of issues show up: drug overdoses, illnesses, obviously fires, the training, what they wear and how much it weighs, and what the demands are for finding and retaining good men and women).

I think he said the city still had 8 firefighter positions open. Gosh, if you know somebody who is physically fit, is smart, likes variety, this could be a job s(he) could interview for!  (just sayin’.)

Broker Tour Tues 9

Active 52, (including 1 BOM, 4 PCH)

Pending 55 (including 10 PSB)

Sold 10

Sold stats for this week…

Days on Market:

63 (high)

0 Low

Average 19

Median 14

 

check out my for fun blog…

Boomer-Chick-Musings

best, marilyn

THE SECOND STORY | September 5th, 2019

Too many devices, too few outlets.

I went to the City Council meeting this week.  I rode my bike there. I didn’t speak at all this time. But I was watching and listening. It definitely wasn’t a packed house. Loads of seats were available. I saw several folks that I knew, and came across some long lost friends, as well.

After public remarks, when the city council was discussing the rent control issues, I think some of the council members actually went against what the city employees had recommended.

But I won’t trust what I heard until I see it in writing. Those changes have yet to be published. But I believe the council was attempting to make it a bit fairer towards the owners of rental property.

I went outside to ride my bike home, and I realized I left my helmet behind in the chambers. argh. I went up to the 3rd floor find it..a woman was waving to me. She had seen the helmet on the floor.

Too many items to keep track off: my turn indicator that fits on the handlebars…and the helmet lights up when I press either the left or right button; my speedometer/clock (all in one) that fits on my handlebars; my water bottle; my light that fits on the handlebar (has various settings from dull and steady to bright, brighter, and flashing; the bell on my handlebars (it’s quite loud); my life vest (no it doesn’t blow up) but cars/folks/pedestrians can see the bright orange color and the reflective tape.

Despite the hassle of these safety devices, I’m always glad when I get outside and ride my bike back home. It’s very quiet and still and dark.

And I have yet to figure out what the green-rimmed device is, in the middle of the photo. I think it was one of the folks who has recently worked on the house.

As I rode home, I realized it was one of the calmest council meetings I’ve attended in a while.

Onward.

Alameda Real Estate this Week

Broker Tour Tues 5

Active listings 50 including 2 PCH

Pending sales 13 including 1 PSB

Sold 10

For this week’s Sold properties:

DOM (days on market) 

High 10, Low 5, Average 12, Median 12

If you have ??? I may have some answers…but let me know what you’re thinking about, in this market. Have a fun weekend!

best, marilyn