Alameda|News|
Mortgage Rates Push Alameda Homes Out Of Reach: Report
The majority of local families can no longer afford to purchase a home or condo as mortgage rates stagnate at the highest level in decades.
![Mortgage Rates Push Alameda Homes Out Of Reach: Report](https://patch.com/img/cdn20/users/21854731/20231019/071750/styles/patch_image/public/thomas-barrat-residential-house-shutterstock-54343258___19191634961.jpg)
The majority of local families can no longer afford to purchase a home or condo as mortgage rates stagnate at the highest level in decades.
It may not be hot pink like Barbie's dream home, with these California properties offer mountain, ocean and desert vistas.
The 11.55 percent year-over-year drop is the 11th worst in the nation.
House hunting? These properties - $1.4 million to $2.09 million - range from 1,600 to 2,700 square feet.
"I believe it is our duty, my duty as the assessor, to make sure that someone's property tax assessment is correct."
The income levels for the condos are $119,950 or lower for a one person household, and $137,100 for two people.
One of the first residential offerings to deliver in Alameda in 50 years, Launch brings 368 residences to Alameda Marina.
Nearly 200 new, high performance waterfront townhomes are now available for purchase in two different Landsea Homes neighborhoods.
A home with Hollywood pedigree + mountaintop vistas + views of the Golden Gate Bridge: 14 Bay Area homes offered this weekend.
The Bay Area home market has a mixture of cottages and condos, mid-century modern and mansions available to purchase this week.
The holiday weekend is the perfect time to think about a new home with outdoor entertainment space.
This charming Craftsman has vintage details including woodwork, built-in cabinetry with detailed glass cabinet doors, and coved ceilings.
This gorgeous two-bedroom townhouse offers a newly remodeled and spacious living space in Alameda, right on the harbor.
California just expanded a pandemic program to help homeowners who fell behind on their payments or property taxes. See if you qualify.
Compared to March 2021, the median home price in Alameda County has gone up by nearly 23 percent.
Up to $80,000 in past-due payments may be covered. The funds were made available under the federal 2021 American Rescue Plan Act.
The homes are here in Alameda and nearby. Which would you choose?
The company said that 15 percent of the properties will be sold at less than market rate.
Affordability varies widely by community, even within the same county. Here's a look at homes for sale right now.
National home prices have surged over the past year; the Alameda area was no exception.
The Alameda area has experienced explosive home price growth this past year and prices are still moving upward.
National home prices are have surged over the past year; The Alameda area was no exception.
AC Boost is funded by Alameda County Measure A1, passed by voters. The deadline to apply is Aug. 30. Here's a link to learn more and apply.
Even amid economic uncertainty, California home prices broke records this year. See how Alameda fared.
Home prices are higher in the Alameda area recently. See how much.
Landsea Homes will build a master-planned community, including some units set aside at below market value.
The fair market rent for a two-bedroom rental increased from the previous year.
Here is how much home prices have changed over the past year in Alameda County area.
Are you having trouble affording Alameda? Brand-new affordable apartments, homes, and townhomes are being built here in the East Bay.
Homes in 2020 spent an average of 16 days on the market, it was just 12 in October, compared to sitting an average 42 days in 2019.
New builds and retrofits, mansions and tract homes — residents of the golden state take advantage of the sun's rays.
Do you fancy yourself the next HGTV chef? You can chop and saute to your heart's content in these lovely kitchens.
Buyers with "fireplace" on their must-have checklists need to see these properties listed throughout California. Have a favorite?
A million dollar home isn't what it used to be...but what about $5 million? See if these homes wow you!
Are you planning to host the perfect NYE party? These homes with bars will have you mixing cocktails like Don Draper in his Mad Men heyday.
Offerings vary widely throughout California, and some are pretty spectacular!
Are you looking for a home that can accommodate your 13,000-bottle wine collection? You're in luck!
Bungalows are so beloved, there's even a magazine catering to enthusiasts.
The selection includes a condo and dream homes, a fixer upper and new construction. Look what's available nearby!
The increase is compared to August 2015. However, home costs peaked in June 2016 and have fallen $35,000 since the top of the market.