Is real estate cooling off a bit? I have no crystal ball, but I think it may be.
If you look closely, you’ll see a red/pink bird. I took the photo on Wednesday, in my backyard!.
If you know what type of bird it is…let me know!
Unfortunately, the Alameda police Captain did not show up for our Zoom meeting last Friday. I submitted several questions for him…but, oh well. We were to discuss the homeless getting into properties that are on the market. argh!
Have you heard that there may be a POS (point of sale) item coming on the City Council’s agenda?
Our Mayor is suggesting that all property owners should pay for our town to be an all-electric city (which is good) BUT it would be relegated to those properties that are on the market for sale.
This is not a good thing…and who knows how much it would cost? Yes, we need to head in that direction….but there should be a more reasonable/practical way to do it.
Okay. Let’s get on with the stats for this week.
AC (active contingent on selling another property)
PCH (price change)
PSB (pending sale, want backups)
BOM (back on market – fell out of escrow)
REO (real estate owned by the lender, i.e, foreclosure)
DOM (days on market)
34, including 1 BOM and 3 PCH
DOM high 1516 low 7 avg 75 med 16
15, including 3 PSB
DOM high 1516 low 1 avg 14 med 16
DOM high 52 low 0 avg 11 med 8
Let me know if you have questions about the market….or any answers. And if you have any idea of that type of bird in the photo, I’d like to know that!
Be well, be safe, have a good weekend! marilyn