Are we at the peak?

It sure feels like we are approaching the peak as some houses have not received any offers this week and are “lingering” on beyond the usual 14 days on the market.  That said I have been writing offers every week for clients and have come in 2nd one too many times.  Just this week I wrote an offer $400,000 over asking price and came in yet again 2nd…. It is really disheartening for clients to keep writing offers and be rejected even when they write that much over the list price.  Is the list price way too low?  Yes in some cases but the market is such that buyers expect to overbid 10%-20%. If a seller decides to price high there will be hardly if any overbids.  My colleague wrote an offer on a home listed within 5% of value and even though they wrote $200,000 over asking price the sellers rejected their offer..

Have you seen the  new trend of “transparent” prices?  It is popping up everywhere.  Sellers list a home at the price they expect to receive or agree to sell their home for.  Those “transparent” prices are quite high but maybe that is the way to be fair and more honest to the buyers too.  What do you think?  As a seller or a potential buyer would you prefer to deal with transparent prices from now on or keep the status quo?

Best regards,

Catherine

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Special OFF MLS home for sale

Off market opportunity awaits you in this well appointed home in the coveted neighborhood of St Jerome’s.  Listed for $1,200,000. Won’t last.

Open house tomorrow Thursday from 9:30am till noon.

 With a walk score of 81, 325 Pomona is in close proximity to Bart, shopping, restaurants, parks, Solano Ave, Colusa Circle, and the freeway.  The front porch provides for shaded leisure and neighborly greetings, the driveway is equipped with an EV car charger , and the attached garage provides ample storage.

This beautiful home has the perfect indoor/outdoor connection to enjoy the California lifestyle.  The garden offers fruit trees, veggie beds, a lush landscaped backyard with an alfresco dining area, wired speakers for the evening ambience touch, a lighted patio, and a special treehouse too!

Inside this perfect pied-a-terre you will find an open concept living/dining room with a tastefully updated fireplace, hardwood floors and a gourmet kitchen with bright white cabinets, concrete counter tops,  Thermador stove and dishwasher, and other stainless steel appliances.  Enjoy your morning coffee from the cozy and well-appointed deck with terracotta tiles off of the kitchen leading to the backyard.

On the main level you will find 3 bedrooms plus an office and 2 bathrooms including a luxurious bathroom complete with marble flooring, high end bathtub and a custom teak vanity worthy of any 5 star hotel.

The lower level currently offers a large family room, full bathroom, and a jaw dropping man cave with a huge climate controlled wine cellar,  bar area with its own draft beer tap.  Concrete counters and stained concrete flooring along with recessed lighting complete this amazing space.  This space could also be used as an au pair or separate living space as it has its own private entry as well!  In addition to the lower level is a generously sized workshop, laundry area, and more storage space.

Click here for the slideshow

Catherine Krueger

510-813-0970

Email me

 

 

 

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New Listing In Pill Hill, Oakland

If you are familiar with Oakland you will know how vibrant of a neighborhood Pill Hill is.  Name comes from the various medical buildings on that “hill” nestled between Telegraph Avenue and Broadway a few short blocks to either MacArthur Bart Station or 19th Bart Station.

If you are looking for the perfect pied a terre in Oakland this one has it all.

Nearby parks: Durant Mini Park, 25th Street Mini Park and Franklin Square. Airy corner unit boasts 1126 sqft of living space (per public records) high ceilings, a patio off of the LR. 2 large bedrooms plus a cozy den/office space, updated kitchen w/SS appliances, granite counter tops and deep pantry; nicely appointed bathroom, W/D in unit. Deeded parking in garage and storage room. Large common courtyard w/separate dog run. Great commuter location within walking distance to BART, restaurants, cafes and Sprouts (94 walkscore).  More pictures if you click below.

Listed for $599,000

HOA dues $525/month.

Open Houses Saturday June 17th and Sunday June 18th 2-4pm

Perfect corner flat

 

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What staging brings to your marketing!

As a Realtor I get asked the questions a lot by potential sellers:  To stage or not to stage?

I understand that staging can be expensive and sellers ponder whether to spend the extra money staging or not.  (I work with many stagers and prices can vary drastically between them).  Marketing starts online and it is easier to visualize yourself in a “lived-in home” than in an empty home.  Think about staring at your computer screen to an empty wall with a window for what is supposed to be a bedroom as opposed to a bed with night stands and lights.  If sellers still struggle, you can insist that “oh yes it is worth it” but i think pictures are worth a thousand words!!

Here are before and after photos of my latest listing.

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Given that over 90% of buyers check all the listings online first which home do you think will attract the most buyers?  Seeing the dramatic difference usually sells the sellers as to the advantage of staging. Were you sold too?

If you are thinking of selling your home in the East Bay or know someone who is I would be grateful for any recommendation you can give me. I promise to take care of you and your referrals with utmost respect, professionalism and results.  That is the way I would expect to be treated by any Realtor.

Best regards,

Catherine Krueger

510-813-0970

Catherine@CatherineKrueger.com

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Coming Soon in the El Cerrito hills

Let yourself be transported by the fabulous unobstructed panoramic views of the Bay, San Francisco, Mt Tamalpais and three bridges from the one-level ranch-style home at 1729 Arlington Boulevard, El Cerrito. Bask in the sun on the deck, or meander down the large terraced backyard abutting an undeveloped 15 acres of land.

 

Built in 1960s, this sunlit home combines Midcentury values of openness to nature with very 21st century energy-efficient updates, including solar panels and dual-pane windows throughout. On cold winter days, enjoy warm bamboo floors under your feet and comfortable temperatures throughout, thanks to radiant heat that is all solar generated. If the sun gets too intense for you, at the touch of a button you can lower the blinds and enjoy the comfort of your cool home.

empty LR with view

This delightful home also offers an electric plug in the two-car garage to charge your car, tankless water heaters (one for heat and one for bathrooms and kitchen), and an over-sized kitchen ready to be transformed into an open concept floor plan, with adjacent living and dining rooms. Just a three-minute drive to the El Cerrito del North BART station, shops, and fine restaurants. Offered at $899,000.

Front yard

Agent: Catherine Krueger, Marvin Gardens.  510.813.0970.

Please join me during the open houses scheduled below.

Open Sunday 4/23 2-4pm, Open Thursday 4/27 9:30am to noon, Saturday 4/29, and Sunday 4/30, 2-4:00.

http://www.1729Arlington.com

 

 

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Homebuyers’ Tax EXEMPTION

Your Tax Deduction Checklist

Here are the homeowner tax breaks you should be taking advantage of during tax time!  

PLEASE CONFIRM WITH YOUR TAX ACCOUNTANT AND TAX ATTORNEY!

Mortgage Interest

 

Property Taxes

 

Home Sale Exemption

Private Mortgage Insurance (PMI)

Points

Renewable Energy Upgrades

Here is a great resource from Energy.Gov that details energy efficiency tax credits. Use this resource to calculate the home tax deductions you are eligible for with your home improvements.

Home Improvement Loan Interest

Home Office Deduction

 

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Spectrum award!!

City Beat News is pleased to announce Catherine Krueger earned a 5 star rating and the 2017 Spectrum Award.
Performing to the level needed to earn this recognition in consecutive years is impressive. You and your staff have proven the exceptional service you provide is embedded in your company’s values and mission.
By consistently providing great service, you’ve earned the opportunity to leverage your verified performance into new business. When people see you are a consecutive year Spectrum Award Winner, they won’t have reason to wonder how good your service is—they will know.

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