The above map is a link from the San Francisco Chronicle article "Zillow maps ups and downs of housing prices"Zillow gives "zestimates" and all real estate is local. That's one of the reasons I'm no fan of Zillow or their zestimates. Two homes side by side can have vastly Continue Reading
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The assessed value on the tax records is only $276,000!
The assessed value on the tax records is only $276,000!How come the sellers are asking so much more money for it?That's because the assessed value is based on the purchase price plus the annual increases allowed by Prop 13. That means that there's no relationship between Continue Reading
North Berkeley Adventures – The Cheese Board
One of the many reasons I love Berkeley... the amazing sights!I was on the phone to my good friend Brenda Jones from Bennington Vermont. We have a mastermind call every Monday Morning... when all of a sudden I said "There's a dog crossing the Shattuck with a baguette in Continue Reading
There’s a crack in the wall!
I saw a post on Trulia Voices Berkeley - "I'm interested in buying a house in the Berkeley Hills. But landslides worry me... if a house has cracks in it's walls, there's a meaning to it..."Here's how I answered...Gravity... not just a good idea.. It's the Law!Cracks are a Continue Reading
How much are property taxes in Berkeley?
Taxes are 1% of purchase price + bonds/assessmentsIn general, if you use 1.2-1.3% of the purchase price as the annual taxes, it will give you a good gauge for annual taxes. The taxes increase by about 2% per yearSo.. If taxes are 1.2% of $1,000,000 = $12,000, then the next Continue Reading
Amazing Connections… 1 Degree of separation!
Amazing connections today.. Simply amazing!We hosted a housewarming party for some wonderful clients. Marianne was referred to me by her sister Judy who bought a home from us 10 years ago.We drove Judy around for several days showing her the neighborhood... That's when I Continue Reading