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Archive for March, 2012

What is going on in the current market?

I’ve noticed more and more how qualified buyers are looking for homes to buy and there are NO HOMES OUT THERE. Are sellers holding back on selling waiting for a better market price? New listings are needed right away. Now, is a good time to sell because in many communities buyers are bidding well over market. I guess you didn’t read what I wrote: “bidding over market.”

Contact me for a free market analysis.

A recent report in the Oakland Tribune made mention, on the front page, about how many homes are being over bid be as many as 20+ offers. Summer is coming and more buyers are ready to make a move to a new home. The school year is coming to a close and families are on the hunt for homes. Interest rates are on their way up again and this is the best time to place your home in a hot market. Get your home ready for the summer buying season.

Talk to you soon. Leona Greenlow-Turner (510) 712-6537 Leona@LeonaTurner.com

See listings in your area at: www.ISellSanLeandroHomes.com

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The deadline has passed to enroll your child in some of Oakland’s top elementary schools. This blog will discuss top public elementary schools; no charters schools were included in this list. Charter schools will be discussed in a future blog.

Here are the current rankings of Top Oakland Elementary Schools:

School Name Location

API Score

Rank

Montclair 1757 Mountain Blvd.

Oakland, CA 94611

967

10

Hillcrest 30 Marguerite Dr.

Oakland, CA 94618

964

10

Thornhill 5880 Thornhill Dr.

Oakland, CA 94611

956

10

Lincoln 225 11th St.

Oakland, CA 94607

953

10

Anthony Chabot 6686 Chabot Rd.

Oakland, CA 94618

941

10

Crocker Highlands 525 Midcrest Rd.

Oakland, CA 94610

922

10

Redwood Heights 4401 39th Ave.

Oakland, CA 94619

913

9

Cleveland 745 Cleveland St.

Oakland, CA 94606

911

9

Peralta 460 63rd St.

Oakland, CA 94609

910

10

Joaquin Miller 5525 Ascot Dr.

Oakland, CA 94611

897

9

Rankings from www.GreatSchools.com 2012

Sellers, remember if your home is near one of these top elementary schools, you’re in a great position to put your home on the market now. Families are looking during the summer months and may be willing to pay over asking for these desired areas. Contact me for a free market analysis of your home, (510) 712-6537.

If your school is not on this list and you love the school FIGHT FOR YOUR SCHOOL. Join the PTA. Get involved with everything going on at the school. Don’t be a wallflower waiting for others to take action. Ghandi said “Be the change you want to see in the world.”

Looking to buy near these schools?  Contact me.

Note: To parents of new kindergartners, now is a good time to make sure your child knows the basics:

  • Say the alphabet
  • Count to 20
  • Identify their colors
  • Spell their name
  • Sit quietly for increasing periods of time

Read to your babies every single day.

Talk to you soon. Leona Greenlow-Turner (510) 712-6537 Leona@LeonaTurner.com

See listings in your area at: www.ISellSanLeandroHomes.com

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Can you believe Brian Moynihan, the Chief Executive Officer of Bank of America, has higher pay this year? After all the turmoil Bank of America has caused in the past few years, they are going to raise the CEO’s pay? On top of the mortgage crisis, they have asked customers to pay $5 to access our own money via debit card. They rescinded the $5 fee but added higher fees to check orders, overdraft and wire fees. One of these added charges will hit us in one way or another in our banking history.

Now, Mr. Moynihan has pocketed almost $1.8 million as his compensation package. How many jobs can be saved with $1,000,000? If you don’t know, the President of the United States does not earn $1,800,000 for running our 50 States and the District of Columbia. I believe the President’s salary is in the neighborhood of $750,000. What should big bank executives do when faced with a large salary while others are suffering?

I worked for a start-up once and when faced with closing the company while waiting for additional financing, everyone took a pay cut to minimum wage for two weeks. At that time, minimum wage was $6.00 per hour. Everyone took the cut from the CEO to the receptionist. Can I verify this? No, but the pay cut to minimum wage was the communication given to employees.

Such a drastic cut is a bit outlandish for a large company like Bank of America. What we must consider is how much will laid off employees make per hour on unemployment? If they get full unemployment pay at $450 per week, that equals $11.25 per hour. There’s really isn’t much more to say. Make it a great weekend.

Talk to you soon. Leona Greenlow-Turner (510) 712-6537 Leona@LeonaTurner.com

See listings in your area at: www.ISellSanLeandroHomes.com

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The rain is finally making an appearance in the Bay Area. March and April are slated to be the rainiest months of the year. I’m glad for the rain. I also want you to understand how the rain can make you aware of problems with a leaky roof and a cracked foundation. Many homes in the Bay Area are over 100 years old. As I examine properties on a daily basis, many homes are not maintained to keep up with the forces of nature.

I was in Berkeley, CA this week and the homes on Grizzly Peak were one medium-sized earthquake away from total collapse. For those of you that don’t know about the Grizzly Peak/Cragmont section of Berkeley, the streets are primarily on a hillside with breathtaking views of the San Francisco Bay. I’ve had hillside listings where there were definite cracks in the foundation and driveway. Cracks in your driveway are a clear sign of foundation issues.

Rainstorms present a good opportunity to check your homes for leaks. Rain is a big factor in homes sliding off hillsides ,if they are not maintained properly. The maintenance of your home affects your neighbors as well. With significant foundation problems, your home can slide. It may slide into the home next door or into the street. Can you imagine a home in the middle of your street?

The rainy season, believe it or not, is a great time for home-buyers to check out property. Cracks and leaks are clear during and right after heavy rains. Make sure when you are listing or buying a home to watch out for leaks and foundation problems. Money spent on repairs now can save a lot of pain later.

Contact me for a free market analysis of your home.

Talk to you soon. Leona Greenlow-Turner (510) 712-6537 Leona@LeonaTurner.com

See listings in your area at: www.ISellSanLeandroHomes.com

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