The Voice of East Bay Living

As of our office meeting this Tuesday with the lender expert, he reported that interest-rates are staying flat - meaning no change. Jumbo rates are currently at 4.375 and conforming rates are at 4.125. The question is what drives mortgage rates? One -economic data  Two-inflationary pressures Three- the stock market  Four-the Federal Reserve Five -politics Six -Global events Strap on your seat belts for this week on the planet. And by the way-The latest real estate report on sales in Oakland shows that 65% of all listings are selling over asking price. What they might want to add is that they are selling way way over asking price like hundreds of thousands of dollars... Not an easy market for buyers or agents. For more information, please contact Sheila Sabine ssabine@grubbco.com

Before & After photos of our lovely Grand Lake home at 649 Mariposa. You will see living room, dining room, master bedroom and front door. Adding a bit of polish to make this house shine.  It closed escrow in 20 days-over the asking price.  Living Room - fresh coat of paint and furniture rearrangement. Dining Room - mirrors added to built-ins cabinets to create depth. Bedroom - new comforter set, pillows, and lights. Front Door - new color, brass kickplate, and brass numbers.