Bay Area real estate “shake up”!

Can you shake it up anymore in the East Bay right now? What I mean is, I have been showing property to different sets of clients in Pittsburg, Antioch and Hayward and all the homes have 10-20 offers on them! What the heck is going on?? I thought this was a buyer’s market!

Well, what we have observed is the real estate market in those areas have reached rock bottom!

• In Antioch, there are two to eight year old homes listed for $199,000, bank owned REO’s that sell for up to $100,000 over the list price with 10-20 offers.
• In Pittsburg, there are sprawling older ranch style 4 bedroom homes on 12,000 square foot lots listed at $229,000, bank owned REO’s, pending with multiple offers and back ups.
• Hayward has some awesome deals that I don’t even want to think about right now because they are being snatched up so fast!

Now, I live and work in San Bruno and there are:

• 10 houses for sale under $400,000- San Bruno
• 5 houses for sale under $400,000- Daly City
• 17 houses pending in San Bruno, SSF, Pacifica and Daly City UNDER $400,000

Now THAT’S a real estate “shake up” because we haven’t seen activity like this is a few years now!

 

San Bruno Realtor, Karin Cunningham at Your Service!

I learned along time ago, in my waitressing days at the Hyatt Regency in Burlingame, that service with a smile makes all the difference in the world to the consumer. When service industry people like their jobs, it makes a world of difference to the worker, as well! When I switched from waitressing to real estate, it felt like almost the same job, just a different product! When I was serving drinks at the lobby bar at the Hyatt and within a few hours went to our Prudential kiosk at Tanforan, I felt like I was still behind a bar but just serving a different kind of drink! Definately a more expensive one!

Tanforan Kiosk

Now that I am an experienced real estate agent or Realtor, I am happy to say that choosing real estate was the best career decision I ever made. I have helped people buy and sell homes all over the Bay Area from San Francisco to San Jose and all over the East Bay from Antioch to Fremont. I have enjoyed every minute, every step of the way and I look forward to many more!

I have a family and we have established ourselves in San Bruno, it only made sense to me to become a part of the community as much as possible and carry on those service lessons that I learned at the Hyatt, especially since I love using those skills. I am on the Allen Elementary School PTA, the San Bruno Chamber of Commerce Board of Directors, I go to every San Bruno Concert in the Park in August, swimming lessons, baseball games, soccer games, and most recently I am entered in our San Mateo County Association of Realtors arm wrestling contest! Holy Moly! What am I getting myself into!

San Bruno swimming lessons

If you know anyone thinking of buying or selling a home anywhere in San Francisco, the San Mateo Peninsula or East Bay, I hope you will let them know about me, send them to this blog and my website at www.KarinCunningham.com so I can give them the same great service that I speak of today. I look foward to building my business with you and others who are interested!  Thank you!

Karin Cunningham

“Bouncing Along the Bottom”

Last month I attended the Inman Real Estate Conference at the Palace Hotel in San Francisco. It was so cool because I got to listen to different panels of experts talk about the state of the real estate market, new and improved real estate technology, and a lot about blogging and websites.

It was interesting hearing from some of the econimists in the “Bear vs. Bull” panel where on a positive note, experts expect the housing market to “bounce along the bottom” for the next year and a half or more! WOW! If that analogy is true then this would make it a great time to buy a home as long as you qualify! If you don’t know if you qualify for a home loan or what your monthly payment would be it would be a good idea to find out! It doesn’t hurt or cost anything to try!

San Bruno has 7 homes for sale under $400,000, South San Francisco has 1 or 2 and Daly City has about 8. Those prices haven’t been seen around here since 2003! 

        

San Bruno Concerts in the Park FUN!!

So far we have been to all 2 of the concerts this month. This Friday is the Tom Petty tribute and I am looking forward to that. There are still 3 more to go and then we are going to have movie night inthe park during the month of September!!

This is the first year my kids have sold popcorn at the concert for 50 cents a bag. Its my special gourmet recipe and it been a real hit! They walk around with my husband’s metal Corona bucket with sandwhich bags full of popcorn. Its such a joy to see their sales skills in action so early! Ha!

So, we have been hanging out on our big blue blanket with friends, eating french bread and cheese, letting the kids run around like puppy dogs, and movin’ to the music. Its so much fun! Its such a great way to end the week. I live for San Bruno concerts in the park! YaHOO!

  Kids selling popcorn!

  Me and ma’ group! Oh yeAH!

  People listening and dancing to the music in the gazebo!

Can you really buy a house at the San Mateo County Fair?

The San Mateo County Fair runs from Aug. 8th- Aug. 17. Our office has a booth and we have been really busy answering questions about  home prices, loans, REO’s, short sales and all kinds of stuff! Its a casual environment not like the tidy, quiet and clean office we’re accustomed to. Its fun to chat with people at the fair because the atmosphere is not so “closed in”. We have a binder of homes for sale that fair goers can flip through and get a good idea of what homes are selling for in their favorite neighborhoods. Come join us at the fair! We’ll even sign you up to win an iPod nano!

Shokoofeh and I working the booth!