Teri Carlisle https://www.tericarlisle.com/ Realtor Piedmont, Oakland & Berkeley Mon, 07 Aug 2017 21:18:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.tericarlisle.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png Teri Carlisle https://www.tericarlisle.com/ 32 32 Pacific Union Market Pulse Q2 2017 – East Bay https://www.tericarlisle.com/2017/08/06/pacific-union-market-pulse-q2-2017-east-bay/ https://www.tericarlisle.com/2017/08/06/pacific-union-market-pulse-q2-2017-east-bay/#respond Sun, 06 Aug 2017 15:00:32 +0000 http://www.tericarlisle.com/?p=17815 This one-minute video offers a high-level overview of real estate activity in Pacific Union’s East Bay region in the second...
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This one-minute video offers a high-level overview of real estate activity in Pacific Union’s East Bay region in the second quarter of 2017.

 

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A Plea to Homeowners: Honeybees Need Homes, Too! https://www.tericarlisle.com/2017/08/03/plea-homeowners-honeybees-need-homes/ https://www.tericarlisle.com/2017/08/03/plea-homeowners-honeybees-need-homes/#respond Thu, 03 Aug 2017 18:00:32 +0000 http://www.tericarlisle.com/?p=17813 California’s almond growers generate more than $21 billion in revenue. Without bees there can be no almonds. University of California,...
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  • California’s almond growers generate more than $21 billion in revenue. Without bees there can be no almonds.
  • University of California, Davis is home to the Honey Bee Haven — part research station and part outdoor museum.
  • University of California, Berkeley operates an Urban Bee Lab, with welcome words on the dreaded “sting factor.”
  • You’ve read news reports about the dangerous drop in honeybee populations in recent years. Honeybees are essential to California’s agricultural economy, and each year, farmers in the Golden State import millions of them to pollinate their crops. The state’s almond industry alone generates more than $21 billion in revenue each year, and without bees there can be no almonds.

    What does this have to do with Northern California homeowners? Plenty, it turns out.

    Bees need flowers, and the University of Califorina Cooperative Extension, a division of the state agriculture department, is asking homeowners to add bee-friendly flowers, shrubs, and trees in yards and open spaces to promote honeybee colonies.

    UC experts recommend that homeowners use a mix of plant families — good choices include the mint, sunflower, rose, buckthorn, figwort, and plantain families. And since bees vary in size, flower color preferences, and feeding styles, give them a choice by planting flowers of varying shapes, sizes, and colors. And place several of the same plant together rather than spreading them around the garden.

    UC Berkeley operates an Urban Bee Lab, and the UC Davis campus is home to a one-of-a-kind Honey Bee Haven — part research station, part outdoor museum. Its website offers detailed information on the workings of the haven, a schedule of classes for both novices and experts, resources for homeowners and teachers, and more.

    Here are some links to help you learn more about backyard beekeeping:

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    California: Home to More Than Half of America’s 20 Most Expensive Housing Markets https://www.tericarlisle.com/2017/07/31/california-home-half-americas-20-expensive-housing-markets/ https://www.tericarlisle.com/2017/07/31/california-home-half-americas-20-expensive-housing-markets/#respond Mon, 31 Jul 2017 21:08:23 +0000 http://www.tericarlisle.com/?p=17811 The median sales price for an existing U.S. property again rose to a new high in June: $263,800. Marin, San...
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  • The median sales price for an existing U.S. property again rose to a new high in June: $263,800.
  • Marin, San Mateo, San Francisco, Santa Clara, Napa, Alameda, and Sonoma counties rank among the nation’s 20 real estate markets with the highest list prices.
  • Atherton’s 94027 ZIP code had the highest median list price in America in June, at $9.6 million.
  • U.S. home prices rose to another new all-time high in June, as tight supply conditions continued to worsen. The Bay Area’s housing shortage is evident by its elevated prices, with seven local counties ranking among the nation’s 20 most expensive real estate markets.

    The latest existing home sales report from the National Association of Realtors says that the median price for an existing U.S. property climbed to $263,800 in June, up 6.5 percent from one year earlier and the 64th straight month of annual gains. There were 1.96 million homes on the market at the end of June, a year-over-year decrease of 7.1 percent and the 25th consecutive month of annual declines.

    Coastal California’s well-documented inventory drought makes it one of the most expensive places in the country to buy a home, with Golden State counties accounting for 12 of the nation’s 20 priciest real estate markets, according to supplemental NAR data. With a June median list price of $1,499,500, Marin is the nation’s second most expensive county behind New York. Six other Bay Area counties are also among the nation’s 20 most expensive: San Mateo ($1,389,800), San Francisco ($1,199,300), Santa Clara ($1,055,000), Napa ($849,000), Alameda ($792,500), and Sonoma ($749,000).

    Atherton‘s 94027 ZIP code was America’s most expensive in June, with a median list price of $9,584,500, almost $4 million higher that No. 2 90210 in Beverly Hills. ZIP codes in Los Altos, Belvedere-Tiburon, and Burlingame were also among the 20 U.S. communities with the highest median list prices.

    Limited supply conditions across the country meant that properties continued to sell at a brisk clip in June, an average of 28 days, six days faster than one year earlier. Three Bay Area counties rank in the top 10 for the fastest pace of sales by average days on market: Alameda (24) and San Mateo and Santa Clara (both 27).

    While a shortage of homes on the market and plenty of competition can be frustrating for would-be California and Bay Area buyers, the late summer may provide them with a window of opportunity.

    “Prospective buyers who postponed their home search this spring because of limited inventory may have better luck as the summer winds down,” NAR President William E. Brown said. “The pool of buyers this time of year typically begins to shrink as households with children have likely closed on a home before school starts. Inventory remains extremely tight, but patience may pay off in coming months for those looking to buy.”

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    No Vacation Necessary: The Best Bay Area Summer 2017 Events https://www.tericarlisle.com/2017/06/20/dolor-in-reprehenderit-in-voluptate/ https://www.tericarlisle.com/2017/06/20/dolor-in-reprehenderit-in-voluptate/#respond Tue, 20 Jun 2017 08:45:59 +0000 http://bergtest:8888/?p=95 Summer officially begins next week, and with its arrival, the housing market usually slows, as thoughts turn to vacations instead...
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    Summer officially begins next week, and with its arrival, the housing market usually slows, as thoughts turn to vacations instead of open-house tours. But if you plan to stay put this summer and shop for homes while the competition is less fierce, you have plenty of entertainment options all around the Bay Area.

    Below, we’ve curated a list of the many things to do this summer across the Bay Area and the Lake Tahoe region as recommended by our local offices. Enjoy your summer!

    Contra Costa County/Tri-Valley

    Danville Summerfest, Danville

    On June 17 and 18, the Danville Area Chamber of Commerce presents Danville Summerfest 2017. Family-friendly and dog-friendly, the festival features art, food, entertainment, and a classic-car show.

    Lafayette Rock the Plaza, Lafayette

    Celebrate the 50th anniversary of the Summer of Love in Lafayette at the Lafayette Rock the Plaza Concerts. Enjoy the groovy sounds of the Bay Area’s best cover bands in Lafayette Plaza Park on Friday nights through the end of June — for free

    Alameda County Fair, Pleasanton

    This year’s Alameda County Fair will be held from June 16 through July 9 and will feature concerts, learning opportunities, an action-sports arena, horse racing, entertainment, and of course, a carnival midway.

    Summer Cinema Series, Livermore

    On select nights in August and September, Wente Vineyards in Livermore invites you to bring your blankets and lawn chairs and enjoy its Summer Cinema Series. These events are free, and of course, wine is available for purchase to enjoy as you catch a flick al fresco.


    East Bay

    Art + Soul Oakland

    Art + Soul Oakland has been named among the top “7 Bay Area Music Festivals To Get Your Groove On.” But there is much more than music at this two-day festival in “America’s 15th coolest city to visit,” which takes place on August 19-20. Dancing, food, vendors, and art make this a fun event for the whole family.

    Berkeley Kite Festival

    If you live in the Bay Area and have not yet attended the Berkeley Kite Festival, you are in for a treat. On July 29-30, you’ll get a chance to see kite stunts and team flying competitions, participate in kite-making lessons, and more. Head over to the festival’s website for details and to watch a video about the event.

    Alameda Art & Wine Faire

    On the last weekend in July, head to the island of Alameda to experience the Alameda Art & Wine Faire. Besides art and wine, the event offers live entertainment, food, crafts, and a special kids’ area.


    Marin County

    Summer of Love Reception, Bolinas
    Seek out the Bolinas Museum for the Summer of Love Reception on June 17. The event features a free outdoor concert celebrating the 50th anniversary of the Summer of Love, as well the museum’s “Counter-culture & Creativity” program.

    Fourth of July Celebration, Corte Madera

    Everyone loves a parade, and if you are in or near Corte Madera on July 4, that’s what you’ll find. The parade starts at 10:30 a.m. and will feature several incredible bands. Festivities continue at Corte Madera Town Park, where you’ll find art, entertainment, food, and activities for kids.

    Marin County Fair, San Rafael
    The Marin County Fair always features fantastic concerts, but there’s much more: carnival rides, fireworks, contests, arts and crafts, baked goods, horse shows, livestock, and all the great things you’d expect to find at a first-rate fair. This year’s fair runs from June 30 to July 4.


    Napa County

    Taste of Napa, Napa

    On Saturday July 15, Taste of Napa presents more than 70 local wineries, restaurants, and food artisans. Add live music, and you have a perfect summer afternoon in the Wine Country. 

    Summer Music Series, Oakville

    For almost five decades, Robert Mondavi Winery has hosted talented artists at its Summer Music Series. This summer, Patti LaBelle, Ben Harper, and others will provide the tunes. And, the best news: Proceeds from the concerts benefit the Napa Valley Unified School District Music Program. Everyone wins!


    San Francisco 

    Outside Lands

    This year, Outside Lands celebrates its 10th anniversary. The festival takes place in Golden Gate Park from Aug. 11-13 and is described as a “celebration of music, food, wine, beer, art and comedy.” Come for Metallica, The Who, Lorde, or a Tribe Called Quest, and stay for the tamales, cheeseburgers, crab rolls, and funnel cakes. Ticket options include single-day admission, weekend-long passes, and VIP passes.

    The Yerba Buena Gardens Festival

    Billed as “Free, Outdoors, Fresh,” the Yerba Buena Gardens Festival takes place throughout the summer, ending on Oct. 29. You’ll find music, theater, poetry, and dance performances. The festival also provides a Children’s Garden Series for kids under 10 and lunchtime concerts. Visit its website to see a full schedule.

    Various Street Fairs

    San Francisco has a plethora of street fairs every summer, including the North Beach Festival in June, the Fillmore Jazz Festival in July, and the Nihonmachi Street Fair in August. Check out a comprehensive list of free San Francisco summer street festivals at SF Station.


    Silicon Valley

    Christmas in the Park, San Jose

    Christmas in July? OK! The 2017 Christmas in July event on July 15 at San Jose’s History Park will feature live music from the HouseRockers. Food, drink, a live and silent auction, and fun activities like a zip line ensure that this night, which helps raise money for the nonprofit Christmas in the Park, will be a blast.

    Hillsborough Concours d’Elegance, Burlingame

    Do you like cars? If so, head to the 2017 Hillsborough Concours d’Elegance on July 16 to view prized vintage vehicles. “For 61 consecutive years, The Hillsborough Concours d’ Elegance has built and maintained a proud tradition of honoring and celebrating excellence in automotive design and engineering” according to its website. The event takes place at the Crystal Springs Golf Course in Burlingame.

    Menlo Charity Horse Show, Atherton

    If horses are more your thing, mark your calendar for Aug. 8-13, when the 2017 Menlo Charity Horse Show will be held. Inaugurated in 1970, the event is recognized as one of the finest equestrian events in the United States, and it raises money for numerous charities. This don’t-miss event takes place at the Menlo Circus Club in Atherton.


    Sonoma County/Sonoma Valley

    Meet the Maker, Sonoma

    Treat your palate to something special at the Meet the Maker: Corner 103 Wine & Bacon Dinner on Saturday June 24. At the event, oenophiles will be guided through pairings of owner Lloyd Davis’ Sonoma County wines with locally produced small bites.

    Art & Garden Festival, Petaluma

    Arts, crafts, music, food, wine and beer — sounds perfect! Find them all at the Art & Garden Festival in downtown Petaluma on July 9.

    Rivertown Revival, Petaluma

    Celebrate Petaluma and the river at the Rivertown Revival, which takes place on July 22 and features music, art, boat races, kid-play areas, local food, and beer. Participants are encouraged to don creative costumes.

    NHRA Sonoma Nationals, Sonoma

    Are you ready for some exciting drag racing? The NHRA Sonoma Nationals take place July 28 – 30. Get your tickets for a front-row seat; you don’t want to miss a new track record!

    4th of July on the Plaza, Sonoma

    Sonoma’s 4th of July on the Plaza begins with a parade at 10:00 a.m. Festival goers will enjoy live music, games, food, beer, and wine at Sonoma Plaza during the day before a fireworks display in the evening.

    Summer Concert Series, Healdsburg

    Chris Isaak, Kenny Loggins, and Kool and the Gang? You can find these great shows at the Summer Concert Series at Rodney Strong Vineyards. These fantastic outdoor events will take place throughout the summer; check out the schedule on the official website.

    Broadway Under the Starts, Glen Ellen

    From June 16 through Sept. 10, you can experience Broadway Under The Stars at Jack London State Park in Glen Ellen. To quote the official website, “This award-winning series of four Broadway-inspired concerts in Sonoma’s Wine Country features incredible talent from the New York and Hollywood stages and screen.” Sounds awesome!


    Lake Tahoe

    Music on the Beach, Kings Beach, California

    Every Friday night from June 30 to Sept. 1, visitors and locals alike enjoy free concerts directly on the shores of Lake Tahoe. Besides music, the event offers a rotating selection of beers from a local microbrewery, wine, and food. Check out this website for a full schedule.

    Summer Concert Series, Lake Tahoe, Nevada

    The Lake Tahoe Summer Concert Series at Harvey’s Outdoor Arena hosts renowned musicians from every genre, including Sammy Hagar and The Circle, Train, Lenny Kravitz, Third Eye Blind, The Who, Linkin Park, Jack Johnson, and Eric Church. The series begins June 25 with a performance from the legendary Paul Simon.

    The Magic of Rob Lake, Stateline Nevada

    Magician and illusionist Rob Lake performs nearly each night at Harrah’s Lake Tahoe from June 23 – Sept. 4. His show, The Magic of Rob Lake, features large-scale illusions and theatrical presentations.

    (Photo: iStock/Andrew Cribb)

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    The Bay Area’s Five Fastest Appreciating (and Depreciating) Housing Markets https://www.tericarlisle.com/2017/06/15/reprehenderit-in-voluptate/ https://www.tericarlisle.com/2017/06/15/reprehenderit-in-voluptate/#respond Thu, 15 Jun 2017 08:46:22 +0000 http://bergtest:8888/?p=97 The Bay Area saw an average of 8 percent annual home price appreciation from January through April of 2017, according...
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    The Bay Area saw an average of 8 percent annual home price appreciation from January through April of 2017, according to a recent analysis by Pacific Union Chief Economist Selma Hepp. But of course, home price changes varied by individual markets, ranging from 31 percent gains in one Marin County community to 35 percent losses in a couple of trendy San Francisco neighborhoods.

    Check out the 10 Bay Area ZIP codes that experienced the largest housing price gains and losses — including single-family homes and condominiums — as of April, according to MLS data. (Note that only ZIP codes with at least 10 sales year to date as of April have been included in this analysis.) Click here to see the full list of Bay Area ZIP code-level price changes to help guide you when selling a home making an offer on one, along with expert advice from your trusted real estate professional.

     

    2017’s Top Five Bay Area Housing Markets, Highest Annual Appreciation

     

    2017’s Top Five Bay Area Housing Markets, Highest Annual Depreciation

    Source: Terradatum, Inc. from data provided by local MLSes, June 7, 2017.

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    Real Estate Roundup: Is the U.S. Headed for a Housing Inventory Crisis? https://www.tericarlisle.com/2017/06/12/voluptate-velit-esse-cillum-dolore/ https://www.tericarlisle.com/2017/06/12/voluptate-velit-esse-cillum-dolore/#respond Mon, 12 Jun 2017 08:45:38 +0000 http://bergtest:8888/?p=93 Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious. ECONOMISTS ALARMED BY HOUSING SUPPLY...
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    Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious.

    ECONOMISTS ALARMED BY HOUSING SUPPLY AND DEMAND DIVIDE
    Both housing starts and building permits dropped in May, a trend that has some prominent economists worried about the nation’s housing supply shortage going forward.

    Citing data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, HousingWire.com reports that housing starts declined to a seasonally adjusted annual rate of 1.092 million in May, down on both a monthly and yearly basis. First American Chief Economist Mark Fleming told the publication that housing demand has outstripped new supply for the past eight years, and that the U.S. needs 1.5 million new units per year to meet that demand.

    National Association of Realtors Chief Economist Lawrence Yun described the situation in more ominous terms.

    “Housing shortages look to intensify and may well turn into a housing emergency if the discrepancy between housing demand and housing supply widens further,” he said. Yun added that the U.S. economy is adding 2 million jobs per year, which will translate into even more demand for housing.

    Both Bill Banfield, Quicken Loans executive vice president of capital markets, and National Association of Home Builders Chairman Granger MacDonald pointed to a lack of skilled labor in the construction sector as a primary factor holding back building activity.


    CALIFORNIA HAS THE NATION’S SECOND-BEST ECONOMY THIS YEAR
    California was named the world’s sixth-largest economy last year, and the state’s unemployment rate dropped to a 16-year low in May. So it comes as little surprise that a recent study ranked the Golden State as one of the country’s top economies in 2017.

    That’s according to an analysis by WalletHub, which gauged states’ economic health on a 100-point scale based on three major criteria: economic activity, economic health, and potential for innovation. California received a total score of 73.78, second only to Washington. The Golden State ranked second in the nation for economic activity, including GDP growth and quickly expanding businesses. California also ranked second in the U.S. for innovation potential, which includes the share of jobs in high-tech industries.

    Despite California’s thriving tech sector, the state actually ranked fifth in the nation for the highest percentage of jobs in the industry, behind Massachusetts, New Mexico, New Hampshire, and Washington. The Golden State tied Utah for the most independent investor patents per 1,000 workers, a statistic almost surely boosted by the Bay Area’s plentiful number of startups.


    TRYING TO GET A MORTGAGE? BE PREPARED TO WAIT AT LEAST A MONTH.
    Mortgage rates remain near their 2017 lows, offering prospective homebuyers a chance to lock in favorable financing, even as the Federal Reserve raised interest rates last week. But obtaining a mortgage can take longer than the average buyer might think, underscoring the importance of planning as far in advance as possible.

    A realtor.com article estimates that the entire mortgage process takes about 30 days on average but can take up to twice that long during busy months. Applicants with issues such as low credit scores, previous foreclosures, or too much debt can expect additional delays.

    But the No. 1 cause of mortgage delay is one that buyers can control: not submitting paperwork on time.


    FACEBOOK’S ZUCKERBERG TO HELP BAY AREA TEACHERS BUY HOMES
    Silicon Valley’s exorbitant housing costs have kept many teachers out of the real estate market, and now one of the region’s best-known tech figures has stepped in to lend a hand.

    The Mercury News reports that Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, have donated $5 million to a fund that will help San Mateo County educators overcome the down-payment hurdle. In partnership with San Francisco startup Landed, the program will pay half of the 20 percent down payment at no interest. If the home is sold in a few years at a profit, the homeowner will keep 75 percent of the appreciation value, while if it loses value, the owner absorbs 75 percent of the depreciation.

    The initiative is projected to assist about 60 teachers in three San Mateo County school districts: Redwood City, Ravenswood City (East Palo Alto), and Sequoia Union High School (Redwood City). Even with the financial assistance, educators face a steep barrier to homeownership in Silicon Valley, with the median sales price in San Mateo County at $1.4 million in April.

    (Photo: iStock/Feverpitched)

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