Thursday, October 25, 2018 / by Abio Properties, Blogger
Shhh… We want to tell you about an exclusive off-market “pocket listing” that hasn’t hit MLS yet. You could get an edge in the Bay Area’s crazy competitive housing market…
Intrigued? That’s the idea. Pocket listings create an air of secrecy and the cachet of exclusivity. The question is, is this truly the best way to buy or sell a home?
Bay Area real estate agents and sellers are increasingly using this quiet off-market listing strategy that was once the sole realm of the rich and famous who wanted to keep their real estate dealings private.
Why pocket listings grew in popularity
Pocket listings are reportedly at peak popularity because of historically low housing inventory and feverish buyer demand. Up to 30 percent of San Francisco agents’ luxury listings are now off-market listings, according to a recent San Francisco magazin ...
Tuesday, August 1, 2017 / by Abio Properties, Blogger
As Bay Area home prices continued to break records, Abio Properties co-founder Linnette Edwards helped explain the red-hot real estate trend to the San Francisco Chronicle and KRON4 News.
Reporters sought Linnette’s expertise after a new industry report showed that the median Bay Area home price rose to $735,000 in June, up 7.5 percent from the same time last year.
In Alameda County, the median home price jumped 10 percent to $770,000, from last June to this June. In Contra Costa County, the median rose 7.2 percent to $580,000, according to CoreLogic analytics.
The San Francisco Chronicle reported:
"Alameda County posted the largest month-to-month [May 2017-June 2017] rise in prices, 5.9 percent. Some homes in the popular areas of Oakland and Berkeley are selling for 60 percent more than the asking price and approaching San Francisco on a price-per-square-foot basis, said Linnette Edwards, associate broker with Abio Properties. 'I’ve neve ...