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July 2024 - Greater Bay Area - Market Update

July 2024 - Greater Bay Area - Market Update

Happy July!

As we dive into the heart of summer, we have a lot to celebrate. Congrats to those who received Dream For All Vouchers from the California Housing Finance Agency!! This wonderful program is helping thousands of first-generation Buyers enjoy the dream of home ownership.

With Independence Day fireworks lighting up the sky and the warmth of the season encouraging outdoor gatherings, July is a month filled with joy and community spirit. The Fourth of July, also known as Independence Day, holds great significance in the United States as it commemorates the adoption of the Declaration of Independence on July 4, 1776. This historic document marked the thirteen American colonies' declaration of independence from British rule. We celebrated with various festivities, including fireworks, parades, barbecues, and patriotic displays, symbolizing the birth of American freedom and the enduring values of liberty and democracy.

Summer is a season that holds special significance for many reasons. It marks a time of warmth, longer days, and abundant sunshine, encouraging outdoor activities and social gatherings. For families, it's often a period of vacations and creating lasting memories with children out of school. In the real estate market, summer is a busy season, with increased buying and selling activity as people take advantage of the good weather to move and settle into new homes. It's also a time for home improvements and landscaping projects, making properties more attractive and enjoyable. Overall, summer embodies a sense of vitality, relaxation, and opportunity.

Happy Summer!

- Tia Hunnicutt, LIC #01840070


My Tiny Trick for Saving Hundreds on My Summer Electric Bill (It Keeps Me Cool!)

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What’s Behind a Microtrend?

AD’s senior digital design editor weighs in on social media discourse, the proliferation of “-cores,” and what today’s trend reporting is lacking

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Five ways to flip a property successfully

If you love real estate and want to earn profits from making deals and building a property portfolio, the allure of house flipping is undeniable.

Who hasn't dreamt of transforming a diamond in the rough into a stunning home, reaping a tidy profit in the process?

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San Francisco Market Data

 

Listing Volume for San Francisco

 

Oakland Market Data

 

Listing Volume for Oakland

 

Livermore Market Data

 

Listing Volume for Livermore

 

San Jose Market Data

 

Listing Volume for San Jose

 

Sacramento Market Data

 

Listing Volume for Sacramento

 

Featured Oakland Listings

 

2525 CHURCH ST

OAKLAND

2 bedrooms | 1 bathroom | 861 sqft
$459,000

Discover this unique, two bedroom, one bathroom home with a massive back yard with new fencing that’s just waiting to be transformed into your very own urban oasis. This updated, hidden gem combines timeless charm with a thoroughly renovated kitchen with new countertops, new appliances, new flooring, and all of the amenities. Step inside and discover a unique blend of character and sophistication with the inviting floorplan which boasts stunning period details, custom built-ins, original hardwood floors, and abundant natural light. The updated bathroom features new fixtures, new tile, and new flooring. This lovely home is topped off with a new garage door and a new driveway. Commuting and running errands is made simple as the home is located with proximity to transit as well as schools and the shops and restaurants of the bustling Bancroft business district. Sewer compliant!! Open Saturday, 1pm to 3pm

REQUEST A PRIVATE SHOWING

 

1432 12TH ST

OAKLAND

6 bedrooms | 4 bathrooms | 1,918 sqft
$939,000

This recently renovated, West Oakland duplex boasts a full three bedrooms and two baths in each unit. An outstanding opportunity for an owner occupant or for an investor offering spacious living quarters with a touch of old-world charm. Featuring original architectural details, ample natural light, new kitchens and bathrooms and a convenient location, this property is perfect for those seeking both character and modern comfort. Upgrades include: completely rebuilt front steps, new washer/dryer, new stove, refinished tub, new shower/tub tile, new light fixtures, new kitchen countertops, new dishwasher, new shower door installed, new dehumidifiers installed with continuous drainage to outside, new exterior foundation slab waterproofing added, installation of drought tolerant patio and trees), new steel privacy door/gate, new wooden gate. EV car charger and Sewer compliant! Offering memorandum available by request.

REQUEST A PRIVATE SHOWING

 

Fractional Ownership Opportunity

3028 Colby St Deal Highlights:

  • Cash generator with 6% CAP from day 1 with fully occupied student housing multifamily
  • Investor able to get 8% - 9% COC annually based on current rent data
  • With rent raise upside, investor able to have higher return and appreciation potential immediately without any effort of renovation
  • Contact Tia for details

 

 

 


Let‘s Connect

Contact Tia today to discuss all your real estate needs!