Bay Area Home Sales Up Slightly, But it’s No 2006

All Homes          #Sold    #Sold    Pct.    $Median   Median     Pct.                                    5/09   5/10   Chng    May-09    May-10     Chng                                                                      Alameda             1,477   1,596   8.1%    $330,000    $390,000   18.2% Contra Costa      1,694   1,704   0.6%   $234,500    $293,750   25.3% Marin                     220   264   20.0%     $620,000    $675,500      9.0% Napa                       121   127   5.0%         $370,000    $350,000   -5.4% Santa Clara         1,688   2,164   28.2%  $445,000   $525,000   18.0% San [...]

The Winery/Golf Course Blues

My nemesis and Seattle carpetbagger fellow Bay Area freelance writer, Kristina Shevory, wrote an interesting article about buying into Diablo Grande Winery & Resort in Patterson, Calif. It turns out, like all grand developments opened in 2007, going belly-up and sold at auction. Although one family in the article, the Gardalis, bought  a $500,000 home (I [...]

Bay Area Average Price: $350,000 — Just Like in 2000

DataQuick came out today with their monthly sales numbers for November — nothing terribly surprising except the average price in Contra Costa County was $265,000. I think that’s affordable for most people. I guess all those $50,000 homes in Gun Point Bay Point helped.   Sales Volume Median Price All homes Nov-07 Nov-08 %Chng Nov-07 [...]

A Good Time to Buy?

Not that I believe everything I read, but Ron Lieber of the New York Times seems to think that now’s the time to buy that first house. Hmm, coming hard on the heels of the Chronicle’s latest cheerleading for houses under $100K — it may seem as if the world is conspiring against you to buy, [...]

PRICE CHECK: $250,000 Buys *This*!

Don’t get too excited, folks, it’s a $250,000, but you can probably afford more than you think. So let’s get started. In Alameda County, you can get this three-bedroom, one-bath house in Hayward. It’s been on the market two weeks and hasn’t been reduced, so the sellers are probably still optimistic. The 1,046-square-foot house originally [...]

Price Check:$300,000 Buys *This*!

OK, I’ve been Debbie Downer lately, so we are introducing a new feature: Price Check! Where we pick an arbitrary price and see what one can buy, preferably the least skanky. Feel free to suggest your own prices, since mine will be boring and ending in 000s. Onward: There were many, many homes in Richmond, [...]

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