Monday, March 19, 2018 / by Abio Properties, Blogger
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 ...
7 Country Oak Lane, Alamo
7 Country Oak Lane, Alamo | Listed by Pacific Union International
This English manor-style compound is reportedly the most expens ...
Monday, March 5, 2018 / by Abio Properties, Blogger
It’s easier now more than ever to see home listings online, watch 3D virtual home tours, and view drone videos of a property. But would you bid on a home without seeing it in person?
A new survey found that 44 percent of buyers polled in the San Francisco Bay Area metro region did just that in 2017.
The Redfin-sponsored survey interviewed people from 14 major metro areas and found that nationwide 35 percent said they bid on a home without first seeing it in person -- up from 33 percent in May 2017 and 19 percent in June 2016.
Who are these risk-takers?
Foreign buyers. Busy out-of-town professionals. Millennials who are comfortable shopping online. Anxious buyers determined to get their bids in ASAP or risk losing out because of the frenetic, competitive nature of the Bay Area market.
Because the current housing inventory is low, “people see a house go on the market and they think they have to hurry and bid on it,&rdquo ...
Tuesday, February 27, 2018 / by Abio Properties, Blogger
Here’s another reason why we love East Bay living: Smart kids, innovative teachers, and top-ranking schools!
In a recent ranking of the 10 best S.F. Bay Area public high schools, based on 2017 SAT scores, eight East Bay campuses dominated the list.
Students at these eight high-achieving schools earned overall SAT scores far above the national average of 1060, out of a possible 1600 points. In fact, the No. 1 school on the list, Dougherty Valley High in San Ramon, showed up with an average SAT score of 1360. Go Wildcats!
High school juniors typically take the SAT in the spring. Colleges review their scores when considering admissions.
Check out these rankings, according to Niche data and the San Francisco Business Times:
#1: Dougherty Valley High in San Ramon, average SAT score of 1360
#2: Miramonte High in Orinda, average SAT score of 1350
#3: Amador Valley High in Pleasanton, average SAT score of 1340
#5: Campolindo High in Moraga ...
Monday, February 12, 2018 / by Abio Properties, Blogger
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 ...
Wednesday, January 31, 2018 / by Abio Properties, Blogger
The East Bay is hops-friendly, pro-hops, hoppy to see you! The craft beer and taproom scene is buzzing on the bright side of the Bay, and whether you like your beer heavy, sour, malty, grassy, creamy or fruity, you can find it all here.
Beside being home to some of the best-known established West Coast breweries, including 21st Amendment in San Leandro and Trumer Pils in Berkeley, the East Bay hosts an astonishing number of up-and-comers. They are part of a statewide trend in craft brewery growth. More than 900 craft breweries operate across the state, more than any state in the nation, according to the California Craft Brewers Association.
Oakland alone boasts at least a dozen breweries and nine tasting rooms, according to the Oakland visitors center. The East Bay scene is so robust that there’s a dedicated blog for brew geeks called www.eastbaybeer.com.
In honor of the upcoming SF Beer Week (Feb. 9-18) -- ...