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Showing posts from February, 2017

CALIFORNIA HOUSING SHORTAGE PUTS THE SQUEEZE ON MIDDLE-CLASS WORKERS

Source: KPCC For the last two years, Amber Bowser has driven an hour-and-a-half every day to and from her home in West Covina to work at a car rental service in Van Nuys. The commute is dreadful, but like many Californians, Bowser said she has to strike a balance between housing and work.  "It's the best job I could find because applying to places it’s either minimum wage, and even if you get a server job, you have to have so much experience," Bowser said.  High housing costs are not only a big problem for California workers but also for companies. Developers, politicians, and business leaders gathered at a forum called "Housing Our Workers" Wednesday in Van Nuys to try to come up with solutions aimed at easing the housing crunch for middle-class workers. Read the full story SUNIL SETHI REAL ESTATE Property Search | Featured Listing | Neighborhoods | Home Value

January 2017 Alameda County Housing Inventory Snapshot

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Housing Inventory Snapshot January 28, 2017   Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active/sold 30 Days Trend Number of Listings Alameda County, CA Single Family under $1M $670,529 3.74% $669,900 6.34% 42 -11 386 Single Family over $1M $1,823,940 -5.23% $1,379,950 -4.27% 61 -22 180 Condo/Townhome under $600K $452,829 2.69% $462,000 5.72% 30 -10 100 Condo/Townhome over $600K $769,195 -0.12% $718,000 -2.17% 40 -11 81 San Mateo County, CA Single Family under $1M $791,396 -0.52% $790,000 -1.13% 46 / 42 -6 / 17 62 Single Family over $1M $3,859,853 -8.62% $1,998,000 -4.85% 83 / 99 -34 / 70 190 Condo/Townhome under $600K $517,041 6.56% $515,000 3.21% 49 / 27 -11 / -11 19 Condo/Townhome over $600K $1,081,788 7.74% $975,000 13.64% 27 / 34 -11 / 7 52 Santa Clara County, CA Single Family un