Some recurring questions in the residential real estate story are, “How far along are we? When will the housing market be “normal” again?” Well, we could debate the meaning of “normal” forever and a day, but one way to add to our knowledge is to estimate how many mortgages are yet to default, or homes [...]
Author Archives | Jay Wiedwald
About Jay Wiedwald
I’m a long-time Oakland resident and homeowner who has no ties to the real estate business, but find the residential housing market a fascinating field of study. It is rich with data and impacts everyone, personally and financially. National and regional statistics have their place, but I’m primarily concerned with the micro aspects of the housing market; particularly as they affect individuals and families. My studies have been focused on Alameda County, with an emphasis on the Bay side of the East Bay Hills. Retirement has its privileges.The Glass is Half Full. And Half Empty – The Story of a Condo Conversion
January 21, 2012
In late 2005, at virtually the peak of the housing price boom, the 285-unit Clarendon Hills Apartment Home in theHaywardfoothills was converted to condominiums. They are now known as the Montierra Condominiums. From the perspective of the apartment complex owner, it couldn’t have been a more propitious time to convert. Essentially all the units were [...]
February 18, 2012
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