This Just In From Chet Gohd, Loan Officer With RPM Mortgage

Posted In: Mortgage & Finance
Words by Chet… Here’s the latest update of our economy and mortgage rates.While the economic data released during the week generally matched expectations, the outlook for future economic growth improved due to strong earnings reports, tame inflation data, and a revised forecast from the Fed. Stronger economic growth was good news for the stock market, and the Dow rose over [...]

Oakland Sky Traffic

Posted In: Community, Oakland
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The traffic on the 80 corridor heading towards the Maze always kills me.  During rush hour (or any hour, really) I have seen the following: a man wearing a suit jacket drinking coffee directly out of the mug with no lid, a professional typing onto a laptop that was sitting in the passenger seat, and a woman curling her hair using a [...]

FHA Finalizes Anti-Flipping Rule

Posted In: For Buyers, For Sellers, Foreclosures & Short Sales, Mortgage & Finance
Real estate flippers got a new set of marching orders last week — at least those flippers who want to use FHA mortgage financing.The Federal Housing Administration issued long-awaited final regulations on property flips last Wednesday. The rules take effect nationwide July 7. Flipping involves resales of houses or other real estate shortly after acquisition, typically at a substantial price [...]

New Listing in Albany! www.1225BrightonAve.com

Posted In: Albany, Listings
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JUST LISTED: 1225 Brighton Ave. in Albany! This immaculate and sunny home is located in Albany, CA, where the schools rule, the weather is superb, and the location couldn’t be more convenient.  With three bedrooms and two baths, this home was built in 1937 by the renowned Charles “One Nail” MacGregor and has all the charm and quality of its early [...]

Berkeley Market Stats

Posted In: Berkeley, Local Market Statistics
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                               21-Jun          28-Jun New Listings           28                 23 Price Reductions     2                   5 Avg. Listing Price   $905,520       $906,811