Melody Yip 
East Bay Realtor  “Connecting Heart With Home”
melodymyip@gmail.com | melodymyip.com | 510.629.0360
Alain Pinel Realtors | License # 01970144

 

 

 



 

Alameda County Update: 2016 vs 2015

As we continue to hear about a possible cooling of the Bay Area market –  I wanted to share Q2 2016 vs Q2 2015 results. In Q2 the overall Alameda County saw a 7% increase in median prices. Oakland saw 11% increase, and Berkeley at 17%.  Both Oakland and Berkeley have diverse neighborhoods. In more homogeneous cities – median prices have begun to level out – cities like Albany saw increases of 1% and Piedmont saw a 2% decrease in median prices.

My prediction is real estate will remain strong in the East Bay as inventory is still scarce. In 2017, the growth rate of median sale prices will not be as high. I do not think prices will go down unless there is a slow down in the job market.

See full story

 

 

 

 

Keeping It Local

 

 

 

 

 

 

My Friday Morning Ritual
I adore and treasure my Friday mornings with Oakland. The hours of 7 to 11 hold a special place in my heart as I am alone with the city. A lot of my client meetings take place over the weekend and hence Fridays give me some time to ground myself. My Friday ritual consists of a jog around the lake, a visit to the Oakland historic farmer’s market, and a hearty bowl of Chow Jew noodles at Vien Hong.

 

 

 

I try to get an early start – I get to Lake Merritt around 7-7.30 AM. A parade of runners, walkers, kid strollers, pedestrian commuters, and Canadian geese march around the lake. The high energy around the lake reminds of a trip I once took to Saigon – the city was bustling at 6AM in the morning. It’s a similar vibe. I have been running around the lake since late 2014. It’s nice catching a smile or wave here and there. My headphones pump a podcast or music. The city buzzes with energy. People are up early and ready for the start of the weekend.

 

 

 

After one or two laps at the lake, I drive over and park in outer Chinatown and get about an hour and half on the meter.  I am headed for some sustenance for the next few days. The Old Oakland Farmer’s Market has been around for decades and operates year round 20-30 vendors. There are many opportunities to ask strangers about how pick and to cook certain vegetables. There is a community out here.

On my last haul, I managed to grab 2 bunches of yam leaves, basil, garlic chives, 2 nectarines, a pumpkin all for $12.36.

 

 

 

My typical Friday morning ends with a visit to Vien Huong for some well earned Chow Jew rice noodle soup. As I gobble up my noodles – I hear pop music playing over head. This particular noodle shop gets a line out the door on Saturdays and Sundays. Guess who is winning?  The flat rice noodles and simple clear both reminds me of the simple joys of life. By 10.30 AM, my day is half over. I pour over the MLS and try to find new listings for my clients. If all things go right, I get short nap in the afternoon.  My Friday morning is my QT time with the city of Oakland.

 

 

 

 

Congrats!
Congrats to Nancy on her well preserved North Berkeley craftsman!
Best Wishes to Chris and Chanel on their Temescal abode.If you or someone you know are looking for a thoughtful, responsive realtor in the East Bay – please do not hesitate to contact me!

 

 

 

PHOTO CREDITS
Top Photo – LocoL on Broadway on a Monday Morning

Personal PhotoAlain Pinel Quarterly Report
https://content.apr.com/marketing/files/Research%20Data/Quarterly%20Market%20Reports%20-%20TrendGraphix/2016/Q2/Alameda.pdf
My Friday Morning Ritual
Personal Photos

 

 

 

 

Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved.
*|IFNOT:ARCHIVE_PAGE|* *|LIST:DESCRIPTION|*unsubscribe from this list    update subscription preferences*|IF:REWARDS|* *|HTML:REWARDS|* *|END:IF|*