Monthly Archives: September 2021

The state of Tahoe real estate: As the Caldor Fire spread, homes in its path were still selling

Sierra Sotheby broker Demian Black advised his clients, buyers Michael and Rhea Wisherop, to postpone the transaction, even if they lost their deposit. The home could burn down, and he doubted whether loan or insurance companies would sign off. His … Continue reading

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Real estate: Buyers hunt deals for bankrupt developer’s Bay Area properties

SAN JOSE — More buyers have emerged for a bankrupt developer’s Bay Area projects, raising hopes that the potential property sales could help investors and creditors recoup some portion of the money they are owed. The prospective property purchases are … Continue reading

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This fire-charred San Francisco Bay Area home just sold for $1 million

A fire-damaged home in Walnut Creek, California, sold for precisely $1 million on Thursday. The accepted offer came significantly over listing price. The two-story, four-bedroom initially listed for $850,000 and immediately incurred a bidding war as well as the attention … Continue reading

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Facebook fund helps bring 500 affordable housing units to Bay Area

“This was a wonderful site that is near transit in one of the hottest real estate markets on the planet,” said MidPen President Matt Franklin. But despite the fact that there were over a dozen other offers, MidPen was able … Continue reading

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Burned-out Bay Area house sold for $1M in less than a week

A four-bedroom home in Walnut Creek, California, just closed for $1 million, two weeks after it hit the market. That’s well below the median list price for the ZIP code, but the house was nearly destroyed by fire. “Bring your … Continue reading

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