THE SECOND STORY | April 30th, 2020

Final announcement for this year’s Shredding Party!

Hopefully, I’ll see you this Saturday…9-1pm. Social distancing will be the call for the day! I’ll be wearing this sweatshirt and a mask!

 

Alameda Real Estate this Week

New listings 4

Total pending 31

Sold 8

 

I guess I need to start cleaning my house….but not sure why….nobody’s coming inside to shred their stuff! It’s all outdoors.

But I will prune my roses tomorrow….so I can get the second round of roses going!

If you need my address for the Shredding Party, just email me or just follow the loud sound that will be on Clinton, 2 blocks from Grand St. Look for the shredding truck in the photo above!

Best, marilyn

 

THE SECOND STORY | April 23rd, 2020

What a gorgeous day! The Sun does shine in Alameda!

 

I’ve been a paid subscriber of the Alameda Sun for years. Today I  picked up the paper.                Somebody wrote ‘good morning!”

How lovely!

Today’s post will be brief. Yesterday, Realtors belonging to the BayEast Association, received some stats regarding the sale of single-family homes from 4-2019 through 4-2020. It’s pretty interesting. A few of my clients want to know what’s happening in the market NOW, or in the next MONTH. I have no crystal ball. If I did, I’d be very rich. Hit the link below!

March 2019-20 Alameda Detached Single Family Homes

My 14th Annual Shredding Party will be May 2, 9-1pm at my house! Bring whatever can be shredded! NO COST to you!! Bring Friends! All donations will be given to Alameda Meals on Wheels! And I’ll match those donations! Follow the rules…wear masks and use 6′ physical distancing! 

New and Coming Soon 4 (a new category for the MLS!)

Active 25

Pending 10

Sold 7

Get your stuff together. It’s the shredding time of year!

Best, marilyn

 

THE SECOND STORY | April 16th, 2020

“Everything works out in the end because it’s not the end until everything works out.” Brad Inman, real estate guru.

Recent spring evening bike ride!

 

Recent spring evening bike ride!

14th Annual Shredding Party!

Rain or Shine!

This is my gift to you!

May 2nd Saturday, 9am – 1pm

for our Alameda community—-

FREE to you and all your friends!

If you’d like to make a donation, I’ll match it and all proceeds will go to: 

Alameda Meals on Wheels!

And being obedient to the Alameda County law, we will be ‘physically distancing.’

If you need my address, email me. Many of you will be getting at least 1 or 2 postcards from me with all of the info and you can tell your friends to come by, or  I can pick up your stuff (and your friends stuff) the week before our party.

Come over, dump and run!

Alameda Real Estate this Week

The rules and laws are changing quickly. Be sure you have an agent that knows those laws! That means somebody who knows the laws in Alameda and Alameda County.

I was just on a webinar and a law that was valid a week ago and now it’s been changed. argh! And this is serious stuff! If you want to see a property there are specific rules that need to be followed!

As the attorneys said….folks are relying on us to get the documents signed before we (agent and 2 buyers) can access a property – it’s all about the virus.

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!

New listings 4

Active listings 30 & 1 pch

Pending listings incl. 5 PSB

Sold 8

Be safe, stay well, and come watch your stuff get shredded!

best, marilyn

 

THE SECOND STORY | April 9th, 2020

Spring is busting out all over….

14th Annual Shredding Party!

May 2nd Saturday, 9am – 1pm

Rain or Shine!

This is my gift to our Alameda community—-

FREE to you and all your friends!

If you’d like to make a donation, I’ll match it and all proceeds will go to: 

Alameda Meals on Wheels!

And being obedient to the Alameda County law, we will be ‘physically distancing.’

If you need my address, email me. Many of you will be getting at least 1 or two postcards from me with all of the info and you can tell your friends to come by, or  I can pick up their stuff the week before our party.

 

Come over, dump and run!

      Blooming Backyard.

New 34

Click Here to View Listings

Pending 4

Click Here to View Listings

Sold 8

Click Here to View Listings

You can see that the real estate market is reacting to the world’s condition, based on the numbers. But it’s also hard to show any property in Alameda County, because the County rules take precedence over the State. And based on those rules/laws it’s pretty impossible to show property in Alameda County. If you want more info, ask and I’ll get it to you. 

Best, marilyn

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

THE SECOND STORY | April 2nd, 2020

The real estate biz is very unusual.

Stuff – buh bye! One of the benefits of being stuck @ home for prolong periods of time. Say hello to electronic waste, Stuff.

The rules and the laws are changing very quickly…and so is the news about the Corona Virus. Yesterday Alameda County updated their who-can-view-a-property status. The bottom line is nobody, in person. Yes, they can show a virtual tour of the property, or floorplan. But no private showings.

The goal is to save lives.

Here’s an example:

I get notices from the lockbox vendor, Supra, when a lockbox is opened or closed. This is triggered by the actual lockbox mechanism. It tells me the time of day it was opened, the time of day it was closed, the name of the agent, the company he/she works for, the telephone number/email of the agent.

Yesterday I got a notice that the lockbox was opened. It’s the only listing I have at the moment. I didn’t recognize the name. So I called her. She’s from Santa Clara (the city, not the Alameda street).

Santa Clara is in a different county than Alameda. Alameda County has stricter rules than most other venues/counties. Alameda is a city within Alameda County.  And there are 5 other counties that are using the same rules as Alameda County.

She called me to let me know there was no house key in the box. I called her back. That’s because I removed it from the lockbox maybe two weeks ago.

Turns out she wanted to show her clients another property and that the listing agent for that property sent her a signed addendum/advisory (that our Ca. Association of Realtors attorneys had created 2 days ago) that the seller had signed.

Her buyers signed that addendum/advisory. The goal is to protect the agents, even if the potential buyers want to walk into a potentially dangerous property (read Corona Virus).

So what’s the problem? This agent had no CLUE that in Alameda County we are working off a more severe set of rules than Santa Clara County.

This is why I try to be very aware about the rules. These changes are coming very fast.

IMHO, please get find an agent that knows the town/city that you want to explore to see if they have inventory that may be appealing to you, the buyers. Anything less is a waste of your time.

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!

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)

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!

_________________________________________________________________

New listings 5

Total active listings 27

Total pending listings 33

Total sold 6 

 

Get creative with your weekend…let me know what works for you!

best, marilyn

 

THE SECOND STORY | March 26th, 2020

Communications from those who want to know….

Cloud formations at Alameda Point, today.

……what’s going on with the real estate market (aka with the Corona Virus pandemic)?

I tell folks that I don’t read crystal balls…I don’t pretend to know what the future will bring….and while we can learn from the past….I have no idea how this will shake out.

I do give them items to think about….

-Buyers: How long do they anticipate living there? Is there a chance that  they could lose a job (income)? Is there a chance that they could go through a job transfer to other areas, states? What happens if what they bought loses value, for whatever reason?

-Sellers: Why are they moving? Would it be better to rent out where they now live, instead of selling it? Do they want to downsize? Right-size? Get a single level house/townhome/condo? Do they need to consider an IRC 1031 exchange if they rent out that property now, does it have units that generates income? Cash-out? Leave on a boat and never come back?

I was selling Alameda real estate when we had the earthquake, when we were attacked on 9/11, when the Oakland hills fire decimated everything, and of course when the financial fiasco hit (2008).

Just some things to think about…..

—————————————————————

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!

Alameda Real Estate this Week

Active listings 30 including 4 BOM

Pending listings 7

Sold 15

One of the things that I’ve noticed these 2 plus weeks, is that I smile at strangers more in these troubled times. And they smile back, genuinely.   We are all working through this together. And I don’t want to lose sight of that.

Get a hold of me if you have questions and/or comments.

Best, marilyn

 

 

THE SECOND STORY | March 19th, 2020

It’s a bit weird in the real estate world…..

….and in the whole world. But somehow the weirdness brings out the best in people. I think folks are kinder and smile more readily (even with the face masks on).

 

The above is a sign on the third floor of Alameda’s City Hall. It’s not always so calm up there….but I took the photo over 5 years ago. Now it really means something. May you find peace, calm, satisfaction, and wellness in all parts of your lives!

Needless to say, clients, potential clients, friends and neighbors, are calling, em, texting, stopping me in the stores, and want to know what is happening in our local real estate world. I spoke with a couple this morning (we tried Zoom, but couldn’t get it to work), so we just used our phones.

My response to these folks is: I can’t predict the future. I’ve been through a few of these man-made and/or nature-made events over the years. I may be able to tell my clients various scenarios of what may happen…but there is NO guarantee.

Most of us, in compliance with Gov. Newsom’s order, won’t be holding any properties open, even for the broker tour.  And that’s a good thing!

That doesn’t mean that an agent can’t open up a vacant house and show their buyer(s). They can.

BUT…should an agent ask permission to get into an occupied house? NO! Who would want a stranger inside of their property….even if they’re desperate to sell it? Under today’s circumstances…no way!

In fact, I think this Coronavirus will change the way MOST real estate agents will do business, even after it’s left our lives.

I never show a property unless I have a meeting with the potential clients at a Starbucks, Peet’s, Blue Dot, Wes Cafe, etc.  We have a chance to ask questions of each other, and then we’ll make a decision whether to work together, or not.

Most of my clients come from referrals, not me door-knocking, not me rounding up and hounding people at open houses.

ALAMEDA’S REAL ESTATE MARKET 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)

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!

33 Active 

Click Here to View Listings  

49 Pending

Click Here to View Listings

11 Sold

Click Here to View Listings

OK. That’s my 2 cents worth for now.

Stay calm, cool, and do something great for your neighbor(s)! Even if that just means checking in with them, in person!

best, marilyn

 

THE SECOND STORY | March 12th, 2020

Sunshine, sunset….


My friend and I go out bike riding on Monday’s, late in the afternoon, it’s dark when it’s winter. But it’s glorious when the time changes, in March.

I was talking to some friends this week, and they told me that we voted to get rid of Standard Time. WHA? When did that happen? They said we (CA) voted 2 years ago!

When in doubt, I look it up on google. So I did. And I found this statement from CA. Assemblyman Kansen Chu speaking:

“I am committed to ending the harmful practice of switching our clocks twice a year and delivering on the voter’s decision at the ballot box in support of Proposition 7,” said Chu. “I share voters’ frustration that we will be shifting back to standard time on Sunday. Unfortunately, California and other states cannot move forward with permanent daylight saving time without authorization from the federal government.

“In January, I will introduce an Assembly Joint Resolution urging Congress to authorize states to practice permanent daylight saving time and continue my work to pass Assembly Bill 7 so California is ready for when Congress decides to take action.”

California is one of 14 states this year to introduce legislation for permanent Daylight Saving Time.

There are also four bills waiting in Congress that could allow California and other states to make the time shift: H.R. 1556, S. 670, H.R. 1601, and H.R. 2389. Congress has until December 2020 to act on those bills.

On the list of important things…this may not be so high…but it is, and hopefully it will be! And get rid of the Standard Time Zone for Calif!

 

Alameda Real Estate this Week

Active listings 29

Pending 51

Sold 11

Have a great weekend!

best, marilyn

 

 

THE SECOND STORY | February 28th, 2020

Good old days? Good new days?

I met a friend at Ole’s (Waffle Shop) a week ago. The restaurant has been in Alameda since 1927. My friend was greeted by name by most of the staff!

It was 11:45am and we both ordered breakfast. I’m a fan of their waffles.

 

When Carl and I showed up in Alameda, it was clearly a Navy town back in 1973. The Alameda Naval Air Station was going full blast. I’d never seen anything like A-town before.

We moved into a studio apartment on Central Ave., which was converted to units back in the 1940s, from a Victorian house. I’m not sure how many apartments were in that building.

When my parents drove from Newport Beach lugging a bunch of wedding gifts….they were rather shocked. No, mom and dad, this is NOT Newport Beach. My dad had a brother, who had a large family, and they lived in Piedmont. That’s more than a big step across the estuary!

These days it’s rather depressing about how many stores and shops on Park Street and Webster (and streets in between) have been shuttered and/or are left vacant for years. I get it…it’s a whole new world in retail. Order online…get your stuff/food right away. No driving, no parking your car.

It will be interesting to see what the city does….especially since there’s another big housing shortage, certainly in Alameda, and throughout the state. There is talk about getting rid of some zoning requirements: having 2+ ADU’s (Accessory Dwelling Units) in a backyard, lowering ceiling heights for basement areas to create living spaces.

NEW VIEWS! Just click on the links.  

Active listings 15 including 1 NREO, 2 PCH

Pending 13

Sold 5

(Please let me know if the links don’t work!)

I’ll be at 814 Ironwood Road (aka Bay Farm Island/ Harbor Bay Isle). Come by, say hi, take a look!

Best, marilyn

THE SECOND STORY | February 20th, 2020

Why I love this town…

Even though Alameda is an island, and if (aka when) there’s an emergency and all of the bridges can’t be opened or crossed, and the tube is flooded with saltwater, I still trust that our citizens and guests can rely on each other. 

Why do I say that? Because I believe in people: all kinds of people. Down deep, I think people want to help others.

When I ride my bike around town….I’ll smile first and maybe someone will smile back: walkers, dog walkers, grumpy folks, babies being pushed in strollers by their nannies, mommies, daddies, or siblings. Even if I don’t get the ‘smile’ back to me, it’s okay.

        An issue that is right,  doesn’t gain impact by anger.

And if I take the time to listen, just listen, he, she, they may calm down.

I didn’t watch the full (wannabe) presidential debate last night, but it was a bit fascinating to me. Rich guys, young guys, older folks, ancient folks, women folks (neither of whom are filthy rich).

But our island city is getting more and more like the debates: yelling, interrupting. Folks, just try listening. It might be hard, but it’s worth trying.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

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!

__________________

Broker Tour Tues 8

__________________

Active 27 including 1 BOM, 1 PCH

_________________

Pending 8

_________________

Sold 9

_________________

Market Stats for Active Listings (Days on Market)

High = 1022

Low = 7

Average = 125

Median = 22

__________________

Market Stats for Pending (Days on Market)

High = 8

Low = 0

Average  = 21

Median = 10

________________________

Market Stats for Sold (Days on Market)

High = 85

Low = 0

Average = 21

Median =10

Getting close to Daylight Savings Time!

Have a great weekend! marilyn