Serena Russell ~ Bay Area Real Estate Specialist

A friend called me from across the bay to ask about the market  in the east bay and tri cities.     We chatted a while, and then I gave her some idea in a nutshell of what the market.

• If your are looking for something under   200K then keep your mind open to condos and townhomes, and you will find lots of great buys!  Offers are  all cash only for the most part.   Investors are jumping out of the woodwork having discovered that it’s better to invest in Real estate (which is real and tangible) than waste their time on stocks!
• If you are looking for something over 200K you can still find a decent home   but it may not be  move in ready.  Be prepared to put your special touches on the home . You may have to change carpets, paint and remove wallpaper in some homes.
• Between 250 – 350K  you may  find a larger percentage of older SFR properties to choose from and some newer condos with amenities.
  
• If you are concerned about location, amenities, distance to  freeway and BART , good schools, then work with an experienced agent to narrow down your options.

Always remember that your real estate agent is going to be your best friend when it comes to giving you all the information you need about pricing and competition.  Your agent knows how to negotiate with  sellers agents, REO banks and short sale lenders.

If you are a motivated seller, then now mayt be the best time to get value for your dollar.

Homes are selling faster than before.  You many need to make plans to move sooner than your expected, which might be a good thing for you.  I consider it a great time  to sell as well as to buy.  Finally we may be approacing a meeting of the minds.   If you sell today, you   will have the luxury of deciding  between multiple offers.    Want to sell quickly and move on?  Now is the time.

If you are a motivated buyer,  then be ready to move quickly.

It is the best time to buy in today’s market.  Are you ready to move forward ? Have you been pre-approved for a loan?

Please check my blog again , for the latest updates in the market.  I look forward to meeting you and assisting you with your real estate needs.

Serena Russell
Realtor®
REALTY WORLD, VIKING & FINANCIAL
2698 Mowry Avenue, Fremont, CA 94538
PHONE:  510.303.2549  mobile
Fax 510.794.9843
email: srussell@rwnetwork.com
Member National Association of Realtors (NAR)
Member California Association of Realtors (CAR)
Member Bay East Association of Realtors
DRE License #01824057