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June 2024 - Greater Bay Area - Market Update

June 2024 - Greater Bay Area - Market Update



As we celebrate the warmth of summer we also recognize National Homeownership Month, Pride Month, and Father's Day.

Homeownership is crucial for several reasons:

  1. Stability and Security: It provides a stable environment for families, allowing them to establish roots in a community and build a sense of belonging.
  2. Financial Investment: Owning a home is often a long-term investment that can appreciate over time, potentially providing financial stability and security in the future.
  3. Building Equity: With each mortgage payment, homeowners build equity in their property, which can be tapped into for future needs, such as renovations, education expenses, or retirement.
  4. Freedom and Control: Homeownership offers the freedom to personalize and modify one's living space according to personal preferences and needs, providing a sense of control over one's environment.
  5. Tax Benefits: Homeownership often comes with tax advantages, such as deductions for mortgage interest and property taxes, which can lead to significant savings.
  6. Community Stability: Homeownership fosters a sense of responsibility and pride in maintaining one's property, contributing to the overall stability and vibrancy of the community.
  7. Generational Wealth: Passing down a home to future generations can be a powerful way to create wealth and provide financial security for one's family. Overall, homeownership is not just about owning property; it's about investing in one's future, building wealth, and creating a sense of stability and belonging that extends beyond the walls of the house.
 
Pride month commemorates the Stonewall riots of June 1969, which marked a turning point for LGBTQ+ rights. It's a time to celebrate the LGBTQ+ community, raise awareness about LGBTQ+ rights issues, and promote equality, acceptance, and inclusion. It's a chance to reflect on the progress made and the work that still needs to be done toward achieving full equality and inclusion for all.
 
Father's Day is a special occasion to honor and appreciate the fathers and father figures who have made a positive impact on our lives. It's a time to express gratitude for their love, support, and guidance. Whether it's through a heartfelt card, a thoughtful gift, or simply spending quality time together, Father's Day is an opportunity to celebrate the important role that fathers play in shaping our lives and nurturing our families.
 
Happy June Everyone!

- Tia Hunnicutt, LIC #01840070

My Lazy-Girl Gardening Hack Saves Me So Much Time and Effort

If you love your yard but hate working in it, you need to steal my trick.
 

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Le Creuset's "So Cute" Fruit Cocottes Are a Must-Have for Summer

You'll want them all!


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“Quiet Vacationing” Is the Stress-Free Trend You’ll Want to Try This Summer

 

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San Francisco Market Data

 

Listing Volume for San Francis

 

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 Listing

5729 BUENA VISTA AVE

OAKLAND

1 bedroom |  2 bathrooms | 900 sqft.

$1,050,000

This stunning 1+bed, 2 bath cottage in one of Oakland's most desirable neighborhoods is a serene retreat nestled in the beauty of the hills. Newly constructed in 2002, this architectural gem features exposed beam ceilings, abundant natural light, radiant, heated tile floors throughout, off-street parking, and an additional room and bathroom below with a separate entrance. Perfect for relaxation and for entertaining, the entryway features French doors which open into a private, sun-filled courtyard. Once inside, soak in the extraordinary design elements of this contemporary masterpiece. The gourmet kitchen features a clever use of space in order to offer plenty of cabinet space for even the most discerning chefs. A true oasis, the upstairs bathroom features marble tile throughout, updated fixtures, and radiant tile floors. The primary bedroom is endowed with impeccable natural wood design elements and lovely verdant views of downtown Oakland/San Francisco Bay. Find yourself in nature as directly outside of the bedroom a lovely yard reveals itself. Enjoy access to excellent public/private schools, and proximity to Claremont Country Club, Temescal Regional Recreation Area, and numerous other local and regional parks. Savor the Rockridge, Piedmont, and Elmwood nightlife/shopping.
 
Request A Private Showing
 

Featured Oakland Listing

1432 12TH ST

OAKLAND

6 bedrooms |  4 bathrooms | 1,918 sqft.

$989,000

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

 






 




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Contact Tia today to discuss all your real estate needs!