After a dead market for the past 5 years, the market for million dollar homes in the East Bay is showing signs of life after death.  And a healthy life at that. Looking at Berkeley for instance - In the first three months of this year, the average home price over $1 million was $1.308M, with an a...
Lately, looking for a house for some clients of mine, I happened to think where would I buy a house for $500,000.  For today, I’ll just consider neighborhoods in Berkeley vs. some First Time Buyer neighborhoods in Oakland and give you a few pros and cons. First, in Berkeley.  It turns out, $500,0...
About two months ago, I wrote a blog saying the Berkeley/Oakland real estate market had started off with a bang.  Well, the bang has become an explosion!  Nearly everything coming on the market is now getting multiple offers ... and going over asking price.   Some points in fact: Properties in Oa...
Nothing is easy in Oakland.  And the recently enacted Oakland Sewer Ordinance is no exception.  Actually, it is not Oakland’s doing.  It stems from an EPA suit where each city is required to develop a plan for repairing and operating all sewer pipes in their city. The Oakland Sewer Ordinance, whi...
The 2012 home buying season in Berkeley/Oakland has started off with a bang... as in on your marks, get set, GO!  There are more Buyers ready to buy.  And more Buyers offering on the same house ... as in “Multiple Offers.”  While a lot of real estate agents are bemoaning the lack of “inventory” ...
Interestingly, although home prices in the Thousand Oaks neighborhood of Berkeley are typically above those of the Berkeley Hills, in the last six months, they have reversed themselves a bit.  Enough so that the average sale price in Thousand Oaks is a bit below that of Berkeley Hills.  (Basicall...
Last year, real estate prices in most Berkeley/Oakland neighborhoods dipped again by about 5%.  This is very likely the result of continued high unemployment in the East Bay, an increasing number of short sales and overall cautiousness on the part of Buyers.  This year, however, there are signs o...
Financial guru Peter Lynch of Fidelity Magellan fame used to say that the way to pick a winning stock was to walk around your neighborhood stores and see what was selling.  The same could be said for Berkeley/Oakland real estate.  Amid the gloom of hard times and increasing foreclosures, there ar...
"The real estate market will improve in 2012...gradually."  So says Lawrence Yun, Chief Economist of the National Association of REALTORS®, at a recent conference. According to Yun, tight mortgage credit conditions and consumer confidence have been holding us back.  Nevertheless, he said, there i...
The recent news from the National Association of REALTORS® sounded a pessimistic note amid our struggling real estate recovery.  Pending home sales in the U.S. fell 4.6% last month from August levels.  Of course, Berkeley being Berkeley, we are not following national traditions – even in real est...

Barbara Reynolds

Buyers Agent, Listing Agent, Luxury Homes, Invest
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Barbara Reynolds provides Berkeley-Oakland and Alameda, California home buyers and sellers with community information and real estate resources for making informed decisions about their real estate needs.


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