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  • East Bay Real Estate | Abio Properties Blog

    Wednesday, May 16, 2018   /   by Abio Properties, Blogger

    Marketing to Millennials: Home Selling 101

    The generation mocked for spending too much cash on avocado toast and $4 lattes is now the largest prospective home buying generation of our time. And these millennials are hungry for some East Bay real estate.
    If you want to sell your house in Oakland, Walnut Creek, or elsewhere, you should know what your prospective buyer wants.
    Let’s start by defining the generation. Millennials are 20 to 36 years old, with peak births in 1990. That means a surge of millennials will turn 30 soon – and 30(ish) is the national average age of first-time homebuyers.
    You’ve probably heard about how poorly millennials are faring in today’s housing market. The number of hopeful buyers far outnumbers the meager number of homes for sale, and the winners are bidding way over the list prices.
    Realtor.com recently identified San Jose – where the median list price is $1.24 million, gu ...

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      east bay real estate, market conditions, sellers tips

    Friday, April 06, 2018   /   by Abio Properties, Blogger

    8 Real Estate Fun Facts That Might Blow Your Mind

    It’s been such a busy real estate season, but we always have time for a little web surfing to relax. Check out these crazy fun facts that we came across… The lighter side of real estate!

    1. Warren Buffet, one of the richest men in the world, never moved out of the modest house he bought for $31,500 in 1958. Take a tour:

    2. The most expensive home listing in the history of the East Bay is an English manor in Alamo for $39 million. 7 Country Oak Lane sits on nearly 21.5 acres and includes 10 bedrooms, 22 bathrooms, a European stone-lined wine cellar, 14-seat cinema, pool, outdoor kitchen with pizza oven, and a suspension bridge leading to a whimsical tree house. Read more about it and other local “Wow Houses” here.

    7 Country Oak Lane, Alamo | Listed by Pacific Union International

    3. Sellers must legally disclose if they believe their home is haunted in ...

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      east bay real estate

    Monday, March 19, 2018   /   by Abio Properties, Blogger

    Multi-Million Dollar Wow Houses: Get ‘Em While They’re Hot!

    The Bay Area real estate industry has been buzzing with news about how the market for homes above $3 million is exploding, including in the East Bay. But why stop being wowed there, when you can really induce shock and awe by looking at the market for homes in the $10+ million range?
    Way back in 2017, the most expensive East Bay home sold for $3.83 million. It was a five-bed, six-bath estate at 1201 Upper Happy Valley Road in Lafayette. But that is nothing compared to what's on the mansion market in 2018.
    Check out the recent listings below. Health advisory: These price tags might make you feel a bit dizzy, especially when you consider that the median home value in the U.S. is $207,600 ...
    Fieldhaven Manor
    7 Country Oak Lane, Alamo
    $39 million

    7 Country Oak Lane, Alamo | Listed by Pacific Union International

    This English manor-style compound is reportedly the most expens ...

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      east bay real estate, market conditions, luxury homes

    Monday, February 12, 2018   /   by Abio Properties, Blogger

    9 Creative Financing Solutions to Help You Buy a Home

    Let’s face it. Not everyone can be the traditionally perfect candidate for a standard 30-year fixed home loan. Some buyers need creative financing to win their dream home.
    Maybe you’re a buyer who doesn’t have enough cash for a 20 percent down payment and closing costs. Maybe you have a less-than-perfect credit score.
    You’re not alone. More than half of Americans have less than $1,000 in their savings accounts, according to a 2017 GOBankingRates survey. Yet, the median down payment for a home in the Bay Area is $170,000, according to the most recent ATTOM Data Solutions report.
    Fortunately, innovative lenders with alternative loans are changing the home buying experience so stressed out buyers don’t have to tap retirement accounts (potentially risky), borrow from family (potentially awkward), or sell organs for cash (um, potentially deadly).
    And if you are one of soc ...

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      east bay real estate, tax reform

    Wednesday, September 27, 2017   /   by Abio Properties, Blogger

    Don’t Despair, Bay Area Homebuyers! See These Hidden Pockets of Affordability

    Bay Area affordable: This 4-bed, 3-bath Concord home on a 6,500-square-foot lot was listed for just $569,000.

    For first-time home buyers and buyers who want to trade in starter homes for something bigger, entering the red hot Bay Area real estate market can feel like facing down a 250-lb linebacker at the Super Bowl – who wants your wallet, your savings, your debit card and PIN numbers.
    But buying a home doesn’t have to be scary or suck you dry if you pay attention to the "hidden" pockets of affordable housing in the Bay Area, especially in Contra Costa County.
    (By affordable housing, we mean relative affordability, considering that the median home price in many Bay Area cities tops $1 million!)
    Check this out: The median price for a single-family home in August was as low as $390,000 in San Pablo and $561,000 in Brentwood. Brentwood’s median increased 16 percent year-over-year, but it’s still a bargain by Bay Area standards, as the Mercury News ...

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      east bay real estate, buyer's tips, contra costa homes for sale