Must-Do Experiences in the East Bay
No matter what your interests, the East Bay offers incredible diversity, cultural richness, and natural beauty. Here’s an overview of ten local treasures that are not to be missed.
No matter what your interests, the East Bay offers incredible diversity, cultural richness, and natural beauty. Here’s an overview of ten local treasures that are not to be missed.
HOI, or Housing Opportunity Index, measures the percentage of homes in an area affordable to the median-income family, crucial for assessing housing accessibility. Understanding HOI guides decisions for buyers, investors, and policymakers, offering a clear snapshot of housing affordability.
In the homebuying process, the buyer typically orders and pays for a home inspection after the offer is accepted. Sellers in the inner San Francisco Bay Area often opt for a pre-listing inspection to address issues before listing. Buyers can negotiate a contingency to conduct their inspections.
Purchasing a home is not just about acquiring a place to live; it’s also a significant financial decision. Interestingly, buying a home can simultaneously achieve two key financial goals. Let’s explore what these are and their implications.
Prepaid costs, or ‘prepaids,’ in real estate refer to expenses paid in advance at the time of closing, including homeowners insurance premiums, property taxes, mortgage interest, and escrow account funding. It’s essential to distinguish prepaids from the down payment.
You may have come across the term “STR” in real estate listings or conversations. Short for Short-Term Rental, STR is a growing segment within the real estate market.
In the evolving landscape of real estate, specialized segments like Residential Assisted Living, play a crucial role. Residential Assisted Living is now commonly referred to as “senior housing” or simply “assisted living”. Most elders will face a decision of where to live in their later years.
Like any market, real estate is subject to the laws of supply and demand. But what role does scarcity play in this dynamic? In this article, we’ll explore how scarcity affects real estate prices and what it means for buyers and sellers.
CTG, or ‘contingent,’ in real estate signifies that a property has an accepted offer, but specific conditions or contingencies must be met, such as securing financing or selling an existing home, before the sale can proceed.
COE, or Close of Escrow, is a critical term in real estate, signifying the official transfer of property ownership from seller to buyer upon meeting all contract terms and completing financial transactions.
As we age, the desire to live independently in our own homes becomes increasingly important. A recent study found that 88% of 50-80-year-olds believe in the importance of staying in their homes for as long as safely possible.
The Bay Area has so many recreational, cultural, and gastronomical treats that can’t be found in So Cal.