Berkeley home sellers are now required to make eco-friendly upgrades









https://www.tiktok.com/t/ZP8bXFoNt/ Chaka Khan



Berkeley home sellers are now required to make eco-friendly upgrades or pay up before handing over the key.
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Government Overreach Rant

 

 All right, let that live be an earwig in your ear for the rest of the day. I hope that brought back some good memories. Chaka Khan.

This is my problem with the government. The government sticks its nose into everything, tells us what to do, and doesn't really consider all the ramifications. A couple of weeks ago, I told you about Campbell requiring all their residents to get rid of their gas appliances and replace their water heater with an electric water heater, and torpedoes be damned, full steam ahead.

They didn't think about how much it was going to cost each resident and the financial impact on everybody. And a good portion of people, even though the houses are worth millions of dollars, a lot of them are living, and they bought their houses back when they were twenty, thirty thousand dollars. They can't afford to put in an electrical panel, a new upgraded panel, which is three, four, or five thousand dollars.

And then on top of that, they have to do the new electric water heater and then get rid of their gas stove and gas this and gas that. It just boggles my mind. 






Berkeley home sellers are now required to make eco-friendly upgrades or pay up before handing over the key.
Eco Upgrades vs Safety
And when Berkeley comes in and says they're requiring every seller to make eco-friendly upgrades, it doesn't make sense why the government is getting involved in this.

Mostly because it has nothing to do... Other things that we have to do when you sell your house are you have to have smoke detectors and carbon dioxide detectors and braced water heaters, right? There's no choice. You have to do that. The appraiser's going to come in and inspect and confirm that he sees smoke detectors in every room and carbon dioxide detectors, carbon monoxide detectors on every floor, and make sure that the water heaters are blay- braced according to the upgraded code.

Those are safety. That's... Those are for safety. These are just for eco-friendly, and they're costing the residents, the sellers, millions or thousands of dollars. So I think it's really stupid that jurisdictions get involved in these types of things. So what do you think? Chaka Khan. 






PROBATE AND ESTATE SALES
Probate Sale Guidance
Probate sales, we're doing a few of them coming up, and it's...

I'm not excited about it. It's just a good service for us to be able to provide for you. When your parents get on the way to older and need to be put into a care facility or an older adult community, let us help you with the property. And a lot of the conversation's wrapped around do you want to own it?

What are the tax ramifications if you keep it? That kind of stuff. Stuff you have to realize that goes through it. So it's not just about selling your house and all that stuff. I want you to be aware of what pitfalls could happen if you keep the house or if you rent it out, or what have you.

So let's talk, have that conversation.n Another video





Open Houses this weekend, Silicon Valley Curated
Homescom Ad Break
All right, let's settle down,n everybody. Now that we have a completely new Homes.com with a beautiful new design and the most in-depth info, all we need now is a new name. 

Do we? 

So we're gonna lock the doors and stay late until we find that name that's synonymous with shopping for homes. 

Here's a wild idea, Homes.com

We're gonna go with homes.com. We're gonna keep it. I love it. Fresh, innovative. This has been fun. 

Ding-dong

Homes.comMarketinginvs. Off-Marketet
No, I talk about it a lot. I don't think it's the greatest thing since sliced bread. It's definitely not perfect, but it's a whole lot better than telling you the best way for us to sell your house is to seoff-market and not expose it to the entire market, and what have you.

Because at the end of the day, you don't really know what your house is worth until you put it on the market. If you sell it exclusively,e there's a place for it, right? Somebody doesn't wanna have one pen house or have a ton of people coming through. You make it very exclusive. I get that, but it's just a total grab.

With Homes.com, it allows me to help you market your house better, take it, and send it out to thousands of people. And again, what we talked about yesterday, if your house isn't selling after 30 days, its price. It's price, period. I have nothing else to say about that. All right. 

Buyer Market Timing

It's now not officially a buyer's market, but this is the time to start looking.

If you're thinking about buying a house and you're putting it off and waiting for what have you, rates aren't gonna come down. I don't think they're coming down in June either. This is the time to look for houses 'cause there's less buyers, there's less competition. 

Santa Clara Price Trends
Download your buyer's checklist. And nothing else is really changing here, but I did do some more research on media or average sales prices across Santa Clara County, and I will be sending this out as well.
This right here is very telling. These numbers that you're looking at right here. Those are the average sales price for that month and that year, that correlation. The reason why I have this one in 2025, March of 2025, is that's when we peaked. Now we're coming back. We're supposed to be in a selling season.
We're at two five four four versus the-- we're fifty thousand dollars off. But here's your chart. Shows you that last year, that's when we peaked. We haven't hit that mark again since then. We've threatened it a couple of times, but we never really got close. And with the rates coming-- well, rates staying stable because of inflation or what have you, we're probably not gonna see a high-- the peak again, not until rates come down considerably.
When I say considerably, I think the ri-- main reason why rates or the values went up here is that houses sold in February for a brief weekend, everybody saw the under six percent, and everybody freaked out and started buying houses again. I think that's gonna continue to go downhill, and we're going into the summer doldrums.

Strategy for Sellers and Buyers

So just be-- if you're thinking about selling, I would say hold off until we know the market's ready to sell. It doesn't mean we can't get your house ready to sell. Get repairs done, get staging done, get photos done, get all the marketing done, and then when we see the market, the rates go down, then we pop it on the market.

I think that's a great strategy for anybody. But if you're a buyer, let's go look for some houses that have been on the market for ninety days. If you've been struggling to find the right house right now, this is a good time. We've gotta look for those houses. Yep, that's it. And nothing else really has changed.

We're still technically in a seller's market, but I think we're getting close to being a buyer's market, especially if something torrential-- terrible happens to the economy, to the globe, what have you. All right. 

Wrap Up and Links

That's it for now. I do have an open house link in my blog, so make sure you jump into that.

The link is down below. I'm Vito with Abitano. Thanks for watching. We'll see you out there.

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Inventory vs Sales

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