January 17, 2014

Selling Shortly in Hayward

Let’s visit the East Bay today, always good for a fresh angle. 

140116-ocie-redfin466 OCIE Way
Hayward, CA 94541
$460,000

3 Beds
1.5 Baths
1,185 Sq. Ft.
$388 / Sq. Ft.
Built: 1958
Lot Size: 5,005 Sq. Ft.
On Redfin: 14 days
Status: Active
Type: Detached
Stories: 1
Community: Alameda
MLS#: 40641549
Style: Ranch
View: Other
County: Alameda

Great Opportunity! Easy access to Hwy 880 and 92. House Needs TLC. 3 bedrooms one and a half bath. As is Sale.

140116-ocie-tiltWe’re going to take this one if this is really As it Is —>

And while some of the interior shots are almost maddeningly normal, fortunately the agent did not disappoint us with this careful study of the dining room.

140116-ocie-dining

One could almost think the Real Estate Professional was so excited about this Great Opportunity that she couldn’t be bothered to focus the iPhone before running to her car to post the shots.

Comments (10) -- Posted by: madhaus @ 7:06 am






December 11, 2013

Mountain View move-in!

Enough with the catty comments about no posts in two weeks. We’ll post when and if we feel like it, no matter what websites are on your toolbar. Today’s heralded homestead is from z2amiller and this is a hot, hot property! Why? Because it’s CLOSE TO GOOGLE!

131210-spring-redfin1639 SPRING St
Mountain View, CA 94043
$500,000

— Beds
— Baths
— Sq. Ft.
Built: —
Lot Size: 5,300 Sq. Ft.
On Redfin: 6 days
Status: Active
Property Type: Residential Land (Single Family)
Community: North Shoreline
MLS#: 81342322

Lot still has foundation left from house burn down Jan. 2013. Nice neighborhood close to HWY 101

The Streetview photos show the property before house burn down Jan. 2013 (but really, it’s a nice neighborhood close to HWY 101!)  Fortunately, z2a thinks bigger than that.

IMG_20131206-spring-fire2Okay so now I feel bad.  I went to take pictures of this place and there’s basically a person squatting here with possessions scattered around and it looks like they are taking shelter under a tarp tied up in a tree.

I am guessing it is the property owner, with as much stuff as there is the property, MV police would’ve kicked them out if they didn’t belong.  (I think?!)   Also based on the MV voice article the lady who lived there was a hoarder, so given the state of the property (all of the garbage bags and random stuff all over) maybe it is the same person.

IMG_20131206-spring-fire1You can see the back of the person’s head (DHO?) in one of the pictures, hanging out under the tarp.

Anyway I’m having a hard time being too snarky about it now.  :-/

I guess the neighbors will be pretty thrilled when the place sells.

And that could be you, Mr. or Ms. Burbed reader, all three of you. You could put up a six-story apartment house and become rich beyond measure renting out cubicles to Googlers who will only come home to sleep.

Comments (8) -- Posted by: madhaus @ 7:07 am

October 28, 2013

A house every agent will fall in love with

There are houses that wow buyers.  This is a house that will make the real estate professionals thrilled.  Why?  Take a look and find out!  Thanks loads to Burbed reader waiting_for_the_fall for this San Bruno spectacular!

131027-walnut-redfin359 WALNUT St
San Bruno, CA 94066
$439,000

3 Beds
2 Baths
920 Sq. Ft.
$477 / Sq. Ft.
Built: 1948
Lot Size: 2,500 Sq. Ft.
On Redfin: 80 days
Status: Active
Property Type: Detached Single Family
Stories: 1
County: San Mateo
Style: Ranch
Community: Belle Air
MLS#: 81329313

Gorgeous and Affordable Single Family Home! 3 bedrooms, 2 bath with 1 master suite. Featuring a Delightfully Upgraded Granite Countertops, Stainless Steel Appliances, Hardwood floor Double Pane Windows, and Crown molding. Laundry Inside. Close to transportation, Tanforan Mall, SFO Airport and freeways. Street Parking. Good Size Backyard. Great for investment!

131027-walnut-yardSo, why is this a Realtard’s dream?

It’s not just the trifecta of stainless, granite and hardwood, or the “affordable” price of not much less than not a lot of money.  It’s not even the HDR photography that lovingly picks up every bit of the shredded plastic in the back yard.

Let’s hear the answer from wftf:

I have a perfect representation of the last 2 or 3 housing bubbles, all in one house!

131027-walnut-frontdoorMaybe people didn’t realize planes would be rumbling by overhead and couldn’t take it anymore after a year. This might explain the rapid turnover/flipping activity, but not all of it.

Selling 8 times in 25 years and going for number 9?  That’s got to be some kind of record.

Maybe the agent just has their card laminated onto the room divider when the residents give up.

That’s also a record for the fewest steps from the front door to the kitchen we’ve ever seen.  But check this out, the agent wasn’t kidding about close to transportation. And yes, that’s the airport off the right margin of US 101.

131027-walnut-aerial

Comments (10) -- Posted by: madhaus @ 7:06 am

October 14, 2013

We’re #1! We’re #1! We’re… PRICED OUT FOREVER!

Yesterday we shared a San Jose Mercury News (motto: Website now as thin as our newspaper!) piece showing many first-time buyers are going to remain full-time renters for the time being.  And that’s true even if we spot them places like Hayward and Mountain House.

That’s distressing news if you hate your blood-sucking landlord (but we repeat ourselves), your noisy neighbors, or your shiftless property “manager.”  Let’s balance that cup of cold crappy colloquy with some news that will turn your frown upside down.

Where Can the Middle Class Buy a Home?

131013-sf-least-affordable-ggbBy CONOR DOUGHERTY, The Wall Street Journal

If you’re in the middle class and want to buy a home here’s a piece of advice: Move to Ohio (if you’re not already there).

Some 86% of homes in the Akron, Ohio area are within reach of middle-class buyers in the area, the highest share in the nation, according to a report from Trulia, the real estate listings site. The next two cities on the list, with 85% of homes affordable to middle class, are Dayton and Toledo, respectively.

For those of you in the coastal elite who are reading this post for the perverse pleasure of finding out just how unaffordable your city is, you might be surprised to hear that New York isn’t No. 1. San Francisco is the least affordable place to be a middle-class buyer, with only 14% of homes within reach of those making the median San Francisco household income of $78,840, according to Trulia.*

However, we were slightly surprised by the next two most unaffordable places, Orange County and Los Angeles, respectively. New York was the fourth least affordable place to be middle class. After that were San Diego and San Jose and Ventura County.

Sooooo, SF is #1 but Silicon Valley is #6? But note, California completely PWN3D New York and the entire East Coast in the unaffordability sweeps. Washington DC? Shut out by the shutdown. Later, you imperialist running dogs no longer feeding at the public trough for the next few days!  When it comes to places nobody can afford to live in, we can revel in our Specialness!

131013-sf-least-listThe Trulia link above (yes, of course it works) says that while San Francisco has a 60% higher median income than most-affordable Akron, Ohio, homes there sell for (deep breath, now) seven times as much.  Only 14% of homes for sale are affordable to a household earning median income for the area.  Even worse, whoops, we mean better, San Francisco has dropped ten more percentage points in affordability since last October when 24% of homes could be purchased by a median income household.

To get slightly wonky, the real formula was what percent of homes’ monthly payments were 31% or less of the median household income, which shows the problem right there.  Everyone knows if you want to buy a house in SF, Cash is King. Monthly payment? Might as well ask if they’ll sell you the house for a hogshead of buggy whips.

San Jose’s affordability index per Trulia was 31%, but then again, none of the contenders were anywhere close to SF.  Second-place Orange County came in with only 23% of homes rated affordable by the “middle class.”

Trulia also provided a “maximum affordable home price” for each area.  Let’s take a look at what you get for that price.  Here’s a 5 BR/3 BA in SF at only $10K less than the maximum affordable amount. Of course this house is in Bayview and it has some permit issues, but you can’t have everything.

131013-sf-least-newhall

Contrast to how far your dollar S-T-R-E-T-C-H-E-S in San Jose!

131013-sf-least-waverly

Wow, a gated estate with lots of CAPITAL LETTERS and it’s yours AS IS, which means the seller won’t switch houses on you!  And just for giggles, let’s see what an “affordable” house in Akron (highest affordable house: $226K) looks like.

131013-sf-least-akron

OMG look at that house! Those bricks are going down into a big ol’ pile as soon as The Big One hits! Not only that, it would take at least a couple more hours to get to Google from here than the other two houses we showed you.  And when you look out in the boonies like this, notice what you don’t get: a decent fence around the place to keep the nosy neighbors away.

We won’t even get into the difficulty of transferring into Cupertino schools.

Comments (8) -- Posted by: madhaus @ 7:08 am

July 10, 2013

Nothing wrong with this listing that price cannot fix

There is nothing wrong with ANY listing that price cannot fix.  Remember that next time you find a place full of Burbed win and wonder just how the seller will unload it. Let’s take a look at a property that’s been on the market for so long, when it was listed Bush was still President.

Thanks very much to Burbed reader Tom Paine for this one.

130709-redwood-redfin6500 Old Redwood Hwy
Windsor, CA 95492
$400,000

— Beds
— Baths
— Sq. Ft.
Built: —
Lot Size: 1.88 Acres
On Redfin: 2,612 days
Status: Active
Property Type: Lots & Land, Single Family
Community: Windsor
MLS#: 20617574
View: Pasture
County: Sonoma

1.884 Acres of Development Potential. 2 LOTS Zoned Surrounding Residential. Reduced ! Owner Financing available with 25% down

Let’s check in with Major Tom:

130709-redwood-buildingsStarted at $860.5K ! And it comes with a teardown ( there’s a fee for that). Check out home prices in Windsor….

Okay, let’s check out home prices in Windsor.  There’s only two for sale, and they’re both right around this price. For the same money you can get a livable house on not that much land (5-6000 sf). Obviously nobody cares about the house and everyone cares about having lots and lots of space. You can always drag a teardown over from the neighbor’s lot.

But seriously, 2,612 days on Redfin? Which brings us to the next question, we know Redfin is seven years old, because so is Burbed.  So, do there exist listings that have been on the market longer than Redfin has been around?

Click here to post a comment -- Posted by: madhaus @ 7:04 am

June 26, 2013

Begin Your Journey in the Shire

We find all kinds of homes for sale and try to mix up the different options so our readers don’t get bored. Ho-hum, another crapshack in East Palo Alto? Not today! Best of all, you can purchase today’s featured property for Not A Lot Of Money℠! (Not A Lot Of Money is a Service Mark of Burbed Worldwide, which is a subsidiary of Burbed Galactic, a wholly owned enterprise of Burbed Universal.)

Thanks very much to Christin for adding this to her Just Wow Redfin Collection.

130625-blackburn-redfin203 BLACKBURN St
Santa Cruz, CA 95060
$499,000

1 Beds
1 Baths
750 Sq. Ft.
$665 / Sq. Ft.
Built: 1922
Lot Size: 5,053 Sq. Ft.
On Redfin: 7 days
Status: Active
Property Type: Detached Single Family
Stories: 1
Community: West Santa Cruz
MLS#: 81321651
Style: Cottage/Bungalow
View: Neighborhood
County: Santa Cruz

This is one of the most unique, eclectic, properties in Santa Cruz. A true eco urban farm in the heart of Santa Cruz, walking distance to beach and town. The home is made from 2 authentic historic street cars. Greeting you is a huge oak tree with its own treehouse, 2 cob stuctures for office, work or play, a pond, clucking chickens, fruit trees galore, gardens, sauna, fire ring, cob oven, more!

Cob oven? Say no more!

130625-blackburn-windows130625-blackburn-kitchen130625-blackburn-bath130625-blackburn-dutchdoor130625-blackburn-barrel130625-blackburn-barrel2

The house isn’t terribly large, which is a good thing. Gandalf will be coming by any minute with an important mission statement for you. Meet at the Fire Ring.

image

Comments (5) -- Posted by: madhaus @ 6:03 am

June 14, 2013

Game of Thrones in Daly City

130613-parkview-throneWe love featuring all kinds of Bay Area Real Estate win: the bad listing photos, the atrocious listing copy, the ridiculous pricing, the uncorrectable defects better known as location fail, the horrendous décor choices, or any other example of Realty WTF that our readers send us.

Today’s entry will start your weekend off well.  While Game of Thrones just finished its third season on HBO, you can play the game on the Peninsula! Thanks very much to Burbed reader waiting_for_the_fall for this fantastic installment!

130613-parkview-redfin96 PARKVIEW Ave
Daly City, CA 94014
$489,000

3 Beds
2 Baths
1,150 Sq. Ft.
$425 / Sq. Ft.
Built: 1922
Lot Size: 3,300 Sq. Ft.
On Redfin: 40 days
Property Type: Detached Single Family
Community: ‘Original’ Daly City
MLS#: 81315124
Stories: 1
County: San Mateo

Complete fixer in great Daly City neighborhood. City approved remodel plans in place to create legal 3 bedroom 2 bath. Large corner lot close to transportation and shopping. Detached garage and private, low maintenance yard. Lots of sweat equity in this home ready for the handy buyer!

First let’s have a good look around, especially that low maintenance yard.

130613-parkview-gated130613-parkview-paint130613-parkview-window

What does waiting_for_the_fall have to say about this charming cottage?

I got another one for you.  This one is a real stinker.

Check out the steps up to both toilets.  I’ve heard of toilets called thrones before, but this is taking it a bit too far.  The listing history is like a roller coster.  How can anyone think this crapshack (with toilet thrones!) is worth 489k?!?

130613-parkview-bath130613-parkview-bath2

If anyone buys this house at the listed price, they are mentally insane.

If everyone is high on bubbly, that’s not mental insanity. That’s a day in the Bay Area that ends with “-y”!  Y for Yes We Are!

Comments (2) -- Posted by: madhaus @ 5:04 am

May 29, 2013

Welcome to Hilvista!!

Yesterday’s Fremont house was such a hit, let’s return to South Alameda County for today’s property.  Enjoy this premium listing in the highly regarded enclave of Newark!

130528-lakewood-redfin36623 LAKEWOOD Dr
Newark, CA 94560
$489,000

4 Beds
2 Baths
1,360 Sq. Ft.
$360 / Sq. Ft.
Built: 1962 Lot
Size: 7,800 Sq. Ft.
On Redfin: 1 day
Type: Detached
Stories: 1
County: Alameda
Style: Ranch
Community: Hill Vista
MLS#: 40616298

Welcome to Hilvista!! This four bedroom home is located on a quiet cul-de-sac close to Lakeshore Park. Located on a 7800 square foot lot, this home has been very well maintained and comes with a 6 year old composition roof. Spacious kitchen, inside laundry, hardwood flooring under carpeting & more. .

130528-lakewood-yardYes, Newark is indeed an enclave, surrounded completely by Fremont because it didn’t want to join in the the fun when the other 5 towns merged into a ginormous, sprawling mini-Los Angeles, only without the film industry and Rodeo Drive. Instead there’s NewPark Mall, which is better because there’s waaaaay more parking.

Thing about Newark is it’s entirely in the flatlands, so the name Hill Vista (or Hilvista) is a bit of a conundrum. Then we realized the vista is in the back yard.

Comments (4) -- Posted by: madhaus @ 5:05 am

May 24, 2013

Overbids: Now on twitter

Today we’re going to follow up on a tweet that highlights the market in San Bruno.  Thanks very much to @davnic4.

Just in case that embedded tweet doesn’t share the photo attached, here it is:

130522-sanbruno-tweet

Can you believe it indeed?

130522-fleetwood-redfin3445 FLEETWOOD Dr
San Bruno, CA 94066
Sold for $660,000

3 Beds
2 Baths
1,440 Sq. Ft.
$458 / Sq. Ft.
Built: 1964
Lot Size: 0.34 Acres
Sold On: Mar 28, 2013
Property Type: Detached Single Family
Stories: 1
Community: Monte Verde
MLS#: 81308204
Style: Contemporary
View: Neighborhood
County: San Mateo

First time on the market! This San Bruno fixer offers 3 bedrooms, 2 baths with open floor plan with plenty of natural light and inviting garden . Great potential to make this gem shine. MUST SEE!!!

Let’s see what else it offers.

130522-fleetwood-kitchen130522-fleetwood-fireplace130522-fleetwood-wallpaper130522-fleetwood-view130522-fleetwood-patio130522-fleetwood-yard130522-fleetwood-carpet

This carpet looks like it has more chlorophyll than the grass.  Now, check out the aerial view (because there’s no streetview). Looks like you’re going to get to know the neighbors really well!

130522-fleetwood-aerial

And what’s that in the backyard?  A freeway (CA 35) PLUS high tension power lines! Win-win-win!

Comments (6) -- Posted by: madhaus @ 5:08 am

May 16, 2013

Now is the time to Buy!

Today we’re headed to the always exciting City of Sunnyvale, where Burbed reader Dannyman has a found a house for you! No endless windows to clean, doorknobs to polish, or miles of marble to scrub. This house is cute, compact, and convenient: everything at your fingertips!

20130515-duane-redfin596 E DUANE Ave
Sunnyvale, CA 94085
$499,000

3 Beds
1 Baths
1,009 Sq. Ft.
$495 / Sq. Ft.
Built: 1952
Lot Size: 5,600 Sq. Ft.
On Redfin: 14 days
Property Type: Detached Single Family
Community: Sunnyvale
MLS#: 81314510
Stories: 1
County: Santa Clara

Recently remodeled bright home close to N Fair Oaks Avenue. Minutes away from freeways, shopping and restaurants. Large fenced lot with fruit bearing Avocado and Fig trees. Well maintained lawn, lots of big windows. Large lot to entertain and relax.

130515-duane-viewYes, at 1009 square feet, you should be able to clean the ceiling and dust the baseboards at the same time. But here’s why Dannyman sent this to our (and your) attention:

Check sales history. :)

Okay, we shall!20130515-duane-history

Wha, what, sold two weeks ago?

130515-duane-130426596 E DUANE Ave
Sunnyvale, CA 94085
Sold for $385,000

3 Beds
1 Baths
1,009 Sq. Ft.
$382 / Sq. Ft.
Built: 1952
Lot Size: 5,600 Sq. Ft.
Sold On: Apr 26, 2012
Property Type: Detached Single Family
Stories: 1
Community: Sunnyvale
MLS#: 81210383
Style: Traditional
View: Neighborhood
County: Santa Clara

Great starter home ready for your family to move in. Freshly painted exterior. New kitchen cabinets & counter tops. New flooring throughout. Large rear yard, design to your liking, would be great for family or entertaining. Hot water heater new in 2004.

130515-duane-oldkitchenSee that? Even not-Real-Bay-Area homes are such a fantastic investment, you don’t even have to brag about a hot water heater that was new in 2004 anymore. Just buy a house, any house, and put it right back on the market. 

Then sit back in your large lot to entertain and relax while the overbids come pouring in.

You could even keep the hot water heater.

Comments (13) -- Posted by: madhaus @ 5:03 am