THE SECOND STORY | October 6th, 2016

Gen X is buying…Alameda



Generation X

Ahem….I have a daughter in this generational group…and she and her husband built their home in New Zealand (Sutter is married to Sean, a Kiwi).  I think both of them would agree with the 74% and the 85% who answered ‘agree.’ But for the first question…I don’t think either of them would agree with having a boring job…even if it paid well. life is a beach.

This post will be brief…just returned from a nice vacation in Newport Beach. I drove there and tossed my bike on the back of my car..and had the chance to see son Evan, his wife Erin, and their toddler, Cadel over the weekend. We all rode bikes along the ocean, up and then down the Newport/Huntington beach coast!

But I did do some work while I was gone….wrote two offers..and researched some properties, took a webinar, took a seminar (about databases) and will get some private tutoring next week about how that new database works.

Alameda Real Estate this Week

The market is shifting…note that their are:

-2 Active/Contingent properties on the market (we haven’t seen that in quite some time).  Usually this means that either the Buyer or the Seller needs to sell/buy a different property before they can perform on the current purchase contract.

If another offer comes along without that contingency…it makes life much easier for all of the parties.

-5 price changes this week…folks wanting to get the best price…but the market won’t deliver it.

-1 back on market (deal fell apart). This was a property that I wrote an offer on but my clients didn’t get it…and the next day it went pending…and the next day it was BOM! hhmmm.

Broker Tour Tuesday 13 of which 2 were on BFI

New 14

AC 2 (active contingent)

PCH 5 (price changes)

BOM 1 back on market

Pending 15 (of which 9 listings said they wanted backup offers)

Sold 7

WT 1 withdrawn temporarily

WC 2 withdrawn/cancelled  (I also wrote an offer on one of these…and ours was the ONLY offer. I don’t think the market met the sellers’ expectations!  Ya think?)

Enjoy the weekend! You know how to reach me!

best, marilyn

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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! to see how it has all turned out! I'm so blessed!