Real Estate Magazine April 2018

Vol. 1 Issue 2 | April 2018

the power is now R E A L

E S T A T E

M A G A Z I N E

Featured Listing 3644 Park Ridge Dr, Richmond, CA 94806 Pg. 8

Premium Listings Available!

Meet Our Top Real Estate Agents

the power is now REAL ESTATE MAGAZINE THE POWER IS NOW INC. Vol. 01 | Issue 2

Eric Lawrence Frazier, MBA President and CEO Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 Eric.Frazier@ThePowerIsNow.com www.thepowerisnow.com www.blogtalkradio.com/thepowerisnow

EDITORIAL TEAM Eric Lawrence Frazier MBA Editor in Chief (800) 401-8994 Ext. 703

Goldy Ponce Arratia Graphic Artist and Design Manager (800) 401-8994 ext. 711 goldy.ponce@thepowerisnow.com

online homebuyer’s seminar • Learn about the state of housing and the Wealth Gap • Learn about Zero Down Payment Home Loans on 1 to 4 units • Learn about Down Payment Assistance Programs with state, county and city • Learn about partnership strategies to buy your first home • Learn how to buy a 4 unit home as a first time home buyer Presented by: Eric Lawrence Frazier, MBA

CalBRE # 01143484 | NMLS # 461807 www.thepowerisnow.com eric.frazier@thepowerisnow.com Ph: 714-475-8629 | F: 800-261-1634

Join us live on Facebook: www.facebook.com/ThePowerIsNow/

on Tuesday Nights from 7:00 to 8:00 PM PST

the power is now REAL ESTATE MAGAZINE CEO & Publisher Eric Lawrence Frazier, MBA 3739 6th Street, Riverside, CA 921506 Ph: (800) 401-8994 ext. 703 EDITORIAL Editor in Chief: Eric Lawrence Frazier MBA Managing Editor: Daniel Mungai ONLINE Web Designer: Design Box DESIGN Art Director & Design Manager: Goldy Ponce ADMINISTRATIVE Administrative Assistant: Kendra Gedeon

SALES National Sales Manager: Christina Kimble National Relationship Manager: Success Money HEADQUATERS The Power Is Now Inc. 3739 6th Street Riverside, CA 92506 Ph: (800) 401-8994 Fax: (800) 401-8994 Email: info@thepowerisnow.com www.thepowerisnow.com www.thepinmagazine.com PUBLICATION AND SERVICES The PIN Magazine The Power Is Now Radio The Power Is Now Publications The Power Is Now Radio Guide The Power Is Now VIP Agent Program The Power Is Now Power Consulting/Coaching The Power Is Now Association Management The Power Is Now Event Management

STATEMENT OF COPYRIGHT: The Power Is Now Real Estate Magazine™ is owned and published electronically by The Power Is Now, Inc. Copyright 2013-2018 The Power Is Now Inc. All rights reserved.

“The PIN Magazine” and distinctive logo are trademarks owned by The Power Is Now, Inc. “ThePINMagazine.com”, is a trademark of The Power Is Now, Inc. “Magazine.thepowerisnow.com”, is a trademark of The Power Is Now, Inc. “Thepowerisnow.com”, is a trademark of The Power Is Now, Inc. “The Power Is Now Event Management”, is a trademark of The Power Is Now, Inc. “The Power Is Now Radio”, is a trademark of The Power Is Now, Inc. “The Power Is Now Publications”, is a trademark of The Power Is Now, Inc. “The Power Is Now Radio Guide”, is a trademark of The Power Is Now, Inc. “The Power Is Now VIP Agent Program”, is a trademark of The Power Is Now, Inc. “The Power IS Now Power Consulting/Coaching”, is a trademark of The Power Is Now, Inc. “The Power Is Now Association Management”, is a trademark of The Power Is Now, Inc. No part of this electronic magazine or website may be reproduced without the written consent of The Power Is Now, Inc. Requests for permission should be directed to: info@thepowerisnow.com 3

Our Professional Realtors ERIC LAWRENCE FRAZIER, MBA CA BRE: 01143484 | NMLS 461807

CHRISTINA KIMBLE CA BRE: 01395886

Phone: (800) 401-8994 x 703 Direct: (714) 475-8629 eric.frazier@thepowerisnow.com

Phone: (800) 401-8994 x 705 Direct: (714) 709-1394 christina.kimble@thepowerisnow.com

DANON BURNSIDE CA BRE: 01835853

LANISE SPANN CA BRE: 01143484 | NMLS 461807

Phone: (800) 401-8994 x 724 Direct: (951) 205-5796 danon.burnside@thepowerisnow.com

Phone: (800) 401-8994 x 703 Direct: (707) 297-0398 lanise.spann@thepowerisnow.com

DONALD DRAKE CA BRE: 01256986

LEON TOWNSEND CA BRE: 01979416

Phone: (800) 401-8994 x 755 Direct: (714) 724-3604 donald.drake@thepowerisnow.com

Phone: (800) 401-8994 x 733 Direct: (626)372-9374 leon.townsend@thepowerisnow.com

CHARLENE NEELY CA BRE: 01235710

LATRESEYA MORALES CA BRE: 02034858

Phone: (800) 401-8994 x 740 Direct: (510) 435-0648 charlene.neely@thepowerisnow.com

Phone: (800) 401-8994 x 735 Direct: (818) 853-1831 latreseya.morales@thepowerisnow.com

ALICIA VENNER CA BRE: 01874114

DAVID ELLIS CA BRE: 01970680

Phone: (800) 401-8994 x 751 Direct: (951) 415-7816 alicia.venner@thepowerisnow.com

Phone: (800) 401-8994 x 744 Direct: (909) 560-1091 david.ellis@thepowerisnow.com

thepowerisnowrealestateservices.com

4

SYLVIA YOUNG CA BRE: 01039092

ALEXANDRA PHILLIPS CA BRE: 01987453

Phone: (800) 401-8994 x 734 Direct: (510) 821-2599 sylvia.young@thepowerisnow.com

Phone: (800) 401-8994 x 753 Direct: (707) 494-2028 alexandra.phillips@thepowerisnow.com

LINDA QUINN CA BRE: 01341680

CHARLES CLARK CA BRE: 01995015

Phone: (800) 401-8994 x 738 Direct: (714) 944-2233 linda.quinn@thepowerisnow.com

Phone: (800) 401-8994 x 746 Direct: (909) 319-1256 charles.clark@thepowerisnow.com

APRIL HARRIS CA BRE: 01988009

ROBIN DAVIS CA BRE: 01971982

Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com

Phone: (800) 401-8994 x 706 Direct: (925) 565-484 robin.davis@thepowerisnow.com

ALSHAUN RODGERS CA BRE: 01374164

CLASSYE JAMES CA BRE: 01991620

Phone: (800) 401-8994 x 742 Direct: (310) 227-2247 alshaun.rodgers@thepowerisnow.com

Phone: (800) 401-8994 x 743 Direct: (650) 804-8326 classye.james@thepowerisnow.com

SHALONDA PILGRAM CA BRE: 01994236 Phone: (800) 401-8994 x 730 Direct: (951) 704-2590 shalonda.pilgram@thepowerisnow.com

5

Could Vallejo, CA be your next home?

T he real estate market in California has come a long way and Vallejo, could be your next stop shop for a home. With a population of about 121,299, this is a city that has shown quite a huge potential for real estate growth. For most people, it is the last place that many Bay Area locals might expect to take a title and currently, there are about 41,607 total housing units which is inclusive of homes and apartment. Well, it might interest you to know that it became the largest city in California to be declared Bankrupt. From the Ash, the City of Vallejo Rises. Lately, this small city has been dubbed as Americas’ hottest real estate market.

Why? You are about to find out.

the house prices in this instance do not compare to the real estate prices in most other expensive California states. Take a look at the following data;

The housing market in Vallejo The city has a median house value of $377,500 and if you look at theses figures, it is easy to conclude that Vallejo presents some of the most competitive real estate costs. Actually, it is among the highest in the nation even though

thepowerisnowrealestateservices.com

The single family detached homes are the most common type of house in Vallejo accounting for 66.7% of the housing units present in the city.

6

Of course, there are other types of housing units that are common and mostly, you will find the large apartment duplexes or even the high rise apartments which account for 16.32% of the housing units.

The home appreciation rates Notably, we cannot argue the fact that Vallejo house appreciation has been below the national average for the last 10 years. The average annual home appreciation rate in Vallejo during this period has been -0.79% which is very low as a matter of fact lower than 70% of the US communities.

Despite the nation wide downturn in the housing market, appreciation rates are very strong in the city of Vallejo. The real estate in this city has continued to rise much higher in value than most communities. If we are to focus on the last 12 months, it is evident that Vallejo appreciation rates continue to be some of the highest in America, at 13.21%. This is higher than the appreciation rates 96.76% of most cities and towns in the US. It is also safe to say that most short-term real estate investors have found Vallejo city a favorable city. In the last Q3 of 2017, Vallejo appreciation rates were 2.95% which equates to an annual appreciation rate of 12.31%.

Comparing this data to most of the California states, it shows that Vallejo annual appreciation rate is typically higher than 90% of most of these

states.

Foreclosures Currently, there are 160 properties in Vallejo which are in some stage of foreclosure, or bankowned or are to be auctioned. The number of the homes listed for sale according RealtyTrac data is 42.

In February this year, the number of the units or properties that received a foreclosure was about 80%, which is lower than the previous month. The median sales prices for a nondistressed home is 365,000 whereas the sales for a distressed home is about 346,000.

Vallejo despite of the economic struggles it had to endure in the past is a city that is slowly creating a name for itself in the real estate market. So, could Vallejo be your next home?

Sources; https://www.realtytrac.com/statsandtrends/ca/ solano-county/vallejo/?address=Vallejo%2C%20 C A % 2 0 r s e d = 1 & c t = val l e j o & c n = s ol an o % 2 0 county&stc=ca https://gordcollins.com/real-estate/us-housingmarket-looking-strong-2016-to-2020/ https://www.n eighborhoods cout.com/ca/ vallejo/real-estate

7

3644 PARK RIDGE DR, RICHMOND, CA 94806

$755,000

LANISE SPANN CALBRE # 01800507 PHONE: 800-401-8994 X 713 DIRECT: 707-297-0398 EMAIL: LANISE.SPANN@THEPOWERISNOW.COM WEBSITE: WWW.THEPOWERISNOW.COM

2,732 Sq Ft - 5 Bedrooms and 3 Bathrooms This 5BR 3BA BEAUTY! sits in the Sterling! Neighborhood of the Country Club Vista. A Cutting Edge Home with the largest floor plan in the division at 2,732 Sq Ft. A Back Yard Breath Taking water view of the Carquinez Bridge and Vallejo. Near by Richmond County Club Golf Course with Restaurants and Starbucks blocks away.

Public transportation within waling distance and easy access to 80 and 580 freeways.

A STELLAR HOME!

PREMIUM LISTING AVAILABLE TODAY!

NEW MARKETING SESSIONS

Your voice is your brand!

Increase lead generation, and give you the POWER to close more deals!

• Streamed live on Facebook, and are rebroadcast on BlogTalkRadio which is syndicated to iTunes, TuneIn and many other online radio platforms.

During the show each agent and their listings are featured for approximately five minutes to discuss why buyers should consider buying their listing(s). In addition, each agent will be given an post-show opportunity to launch a customized marketing campaign to get additional exposure.

Every Thursday 12:30 PM - 1:30 PM Promote Your Listings Online

• These sessions provide real estate agents and brokers a powerful marketing opportunity to access The Power Is Now Network of Agents nationwide and our audience of prospective buyers and sellers that is 1 million strong and growing.

CALL ME FOR MORE INFORMATION ERIC LAWRENCE FRAZIER MBA

CA BRE: 01143484 | NMLS 461807 The Power Is Now Inc. CA BRE: 1980407 | NMLS 1435243

Website: www.thepowerisnow.com Email: eric.frazier@thepowerisnow.com Mobile: 714-361-2105 Office: 800-401-8994 ext. 703

Real Estate in Wine Country (NAPA REGION)

I

f you are a wine lover, then perhaps one of your greatest dream is to own real estate in this region. Well, Wine Country Area is a slice of what paradise seems like. There are so many characteristics that make Wine Country one a favorable region, the unspoiled views, the tight-knit community, a super quiet lifestyle and of course the amazing wine deals makes it a home for many. Who would resist?

Wine Country is in Napa and this is a large medium sized city located in the state of California. It has a population of 80,416 and 28 constituent neighborhoods. It is the 100th largest community in California

thepowerisnowrealestateservices.com

Notably, the real estate here is doing quite fine.

The housing costs are fairly high. However, the city isn’t centered around the white or the blue collar. Instead, it is a mix of both and overall, Wine Country is a city of service providers, sales and the office workers not to forget the professionals.

Education levels of the people living in wine country are quite higher than what would be said for most of the US state. Furthermore, it might interest you to know that the per capita income of the people in the Wine Region according to 2010 data was $34,070 which shows the most people in the region qualify for the middle income relative to California and wealthy relative to the

10

Within the next year, Zillow predicts that the housing prices will rise by 3.3%. The median list price per a square foot in the region is $474 and currently, the median rent price is $2,875 and this is lower than the Napa Metro which has a median rent of $3,175.

Foreclosures in the region These will have a very huge impact on the home values in the next several years. This means that in Napa, already 0.6 homes have been foreclosed per 1000 homes. Comparing this data with the Napa metro, it is higher by 0.2 as the Napa metro has a 0.4 homes being foreclosed.

United States as a nation.

Wine Country Housing market Information The region has a total of 28,448 total housing units, and this includes the homes and the apartments. The median house value is about $616,621.

The average listing price in the area is $751, 064 and there is a small increase of 2.3 year-overyear.

At the same time, you will realize that the area had a slight increase in terms of inventories by 10.3 percent, which saw the area reach 171 listings in 2018.

The mortgage delinquency represents the first step in the foreclosure process. In the region, (Napa) the percentage of the homeowners delinquent on the mortgage payment is 0.5% and this is lower than the national value of 1.6%. The percentage of the homeowners currently underwater on their mortgage is 3.4% and again, this is lower than the Napa metro region with 3.9%.

Appreciation rates Over the last 10 years the appreciation rates in the region have been tracking above the average. The cumulative appreciation rate over this period has been 11.2%, making

the region rank in the top 40% nationwide.

In the last 12 months, the regions’ appreciation rate is at 5.63%, which has been slightly above the national average.

In the last quarter, the region has seen appreciation rates of 0.52%.

The market trends indicate that the region has an increase of $45,750 which represents a 8 % change in the median home sales. Which means that this is an area where real estate is doing quite well.

Sources; https://www.zillow.com/napaca/home-values/ https://www.investsf.com/ napa-valley-real-estatereport-2017-in-review-2018looking-ahead/ https://www. neighborhoodscout.com/ca/ napa/real-estate

11

APRIL HARRIS

MLS # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

3600 Shoreline View Wy , Kelseyville 95451 2 Bedrooms, 3 bathrooms, 2,486sqft, 6,806sqft lot, $170.96/sqft Price: $425,000

Preferred Lender

Imaging waking up to a view of Clear Lake overlooking the Konocti Harbor Resort and Spa! When the Spa re-opens, enjoy free outdoor concerts!! AS-IS “Diamond in the Rough� custom home with a Million Dollar View at a fraction of the cost. Remodel began; the NEW OWNERS can refine the finishing touches. The floor level boasts a two car garage and large shop area in the garage. The lower level entrance begins with a bonus room/ library, a bedroom with full bath (recently remodeled with wood flooring, tile and new bath fixtures and lighting).

ERIC LAWRENCE FRAZIER, MBA CA BRE: 01143484 | NMLS 461807 Phone: (800) 401-8994 x 703 Direct: (714) 475-8629 eric.frazier@thepowerisnow.com www.thepowerisnow.com

3965 Oak Av Clearlake 95422

2beds

2baths

2,208 sqft 9,855 sqft lot Built in1971

APRIL HARRIS

MLS # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

$249,000

$112.77/sqft

OFFERED AT $55,500

APRIL HARRIS

CalBRE # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

ALEXANDRA PHILLIPS

CalBRE # 01987453 Phone: (800) 401-8994 x 753 Direct: (707) 494-2028 alexandra.phillips@thepowerisnow.com www.thepowerisnow.com

11733 Rose Anderson Rd Middletown 95461 Bring plans for your dream home in the Historic Anderson Springs Community that is thriving and rebuilding! This oversized corner lot is ready for construction. Never developed with healthy, mature trees remaining after the fire. Community sewer hookup service is already accounted for when new system is operational, water connection is in place. Within a short distance for a nature walk to the spring which runs through the community or to the clubhouse/pool.

Owner may be willing to sell adjacent lot to expand your estate, which has a septic system in place.

19734 Park Hill Rd | Middletown 95467

$39,900

BRING YOUR PLANS, CAMP GEAR and GOLF CLUBS to build your lovely private estate w/ possible in-law unit! These combine lots (141-461-04 and 141-461-03, must be sold together) total .65 acres of never developed land in the exclusive community of Hidden Valley Lake. The land is situated centered on a short street with a panoramic view of Cobb Mountain and Mt. Saint Helena. Mature trees provide a canopy of shade.The community hosts lots of special features such as a community center, horse trails and a KOA campground. Located a short distance to the 18-hole golf course/ Pro Shop, shopping center and the historic community of Middletown, situated at the southern Gateway to Lake County. Hidden Valley Lake is a reasonable commute to the Bay Area, Napa and/or Sonoma Counties to the south or Colusa and Yolo Counties to the North. Soil analyses on file, water hookup, electricity, cable and phone are available.

APRIL HARRIS

CalBRE # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

ALEXANDRA PHILLIPS

CalBRE # 01987453 Phone: (800) 401-8994 x 753 Direct: (707) 494-2028 alexandra.phillips@thepowerisnow.com www.thepowerisnow.com

2360 Spring Valley Rd - Clearlake Oaks 95423

$35,000

• 0.211 acres • $165,877 Per Acre

APRIL HARRIS MLS # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

ALEXANDRA PHILLIPS

CalBRE # 01987453 Phone: (800) 401-8994 x 753 Direct: (707) 494-2028 alexandra.phillips@thepowerisnow.com www.thepowerisnow.com

This is a rare find for Spring Valley -- water available, soil test on file and architectural plans for a 3/2 home comes at this very affordable price. Corner lot with flat terrain with mountain views. Easy access to HWY 20 -- within 2 hour of Sacramento and San Francisco. Enough room for 4-H and FFA projects; close to the Cache Creek Winery to entertain out of town guests.

APRIL HARRIS

MLS # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

Great opportunity to build a home on a major thoroughfare in the City of Clearlake. A little bit of country in a growing metropolitan area of Lake County. Just blocks from major shopping center, banking institutions, movie theater, restaurants and the lake; just seconds off the main highway.

Easy access from Hwy 20 corridor (from Colusa or Sacramento) or from Highway 29/53 intersection (from Napa/ Sonoma Counties).

Fairly priced for a quick sell.

About 3398 Brown St , Clearlake 95422 Price: $22,000 Lot Acres: 0.1148 $/Acre: $191,638 Lot SqFt: 5,000 ALEXANDRA PHILLIPS

CalBRE # 01987453 Phone: (800) 401-8994 x 753 Direct: (707) 494-2028 alexandra.phillips@thepowerisnow.com www.thepowerisnow.com

$92,500 9276 Pebble Rd , Lower Lake 95457 Another Price Reduction on this .54/ac property with lots of potential! Owner willing to negotiate removing the Existing Trailer. This listing includes two legal lots -- 9256 and 9276 Pebble Rd (APN# 049-072-02-00 and 049-072-03-00) for less than the price of one with all utilities on the premises. There are two garages -- one is a recently built machinist shop. Owner is willing to negotiate; priced to sell quickly.

APRIL HARRIS MLS # 01988009 Phone: (800) 401-8994 x 717 Direct: (707) 814-5457 april.harris@thepowerisnow.com www.thepowerisnow.com

LOTS/LAND LISTINGS 20458 E State Hwy 20 , Clearlake Oaks 95423

$475,000 A rare opportunity to own 249+ acres located above State Highway 20, east of Spring Valley.100+ plant-able acres. Expansive holding with panoramic views, behind a locked gate. Multiple sites for potential building(s). This property has rolling hills, gullies, seasonal springs, scrub brush, oak and pine trees (in clusters to provide necessary cover during summer months and inviting meadows for grazing and/or picnics. Purchased decades ago as a family hunting camp. Unlimited opportunities as a family retreat/ farm, vineyard, orchard, etc.

APRIL HARRIS BRE # 01988009 Office: 800-401-8994 x 717 Direct: 707-814-5457 Email: april.harris@thepowerisnow.com

LOTS/LAND LISTINGS A P R I L H ARRIS BRE # 01988009 Office: 800-401-8994 x 717 Direct: 707-814-5457 Email: april.harris@thepowerisnow.com

3391 Boxwood St , Clearlake Park 95422

$5,000

A lot in one of the last under-developed in Clearlake. Lots of potential with few neighbors and within walking distance to the elementary school and a short distance to the lake, park, restaurants and shopping.

5,232 sqft lot, 0.12 acres, $0.96/sqft

3730 Koloko St , Clearlake 95422

$9,500

Vacant lot in an established community not far from Austin Park and Clearlake PD. Close to shopping, restaurants and other amenities.

4,636 sqft lot, 0.11 acres, $2.05/sqft

$55,000

5718 PONCA WY

0.209 acres $263,158 per acre

APRIL HARRIS

CalBRE 01988009

(800) 401-8994 x 717

$25,000

KELSEYVILLE 95451

(707) 814-5457

www.thepowerisnow.com april.harris@thepowerisnow.com

9548 TIMBERLINE CT KELSEYVILLE 95451 0.1424 Acres • $175,562 Per Acre

APRIL HARRIS

CalBRE 01988009

(800) 401-8994 x 717

(707) 814-5457

www.thepowerisnow.com april.harris@thepowerisnow.com

OAKLAND: Real Estate and Market Trends

O

akland is a rising economy and it is one pace with the entire state of the California, but it has failed to keep up with its neighbors in the bay regions. Since the recession period, the state has made a lot on the ground. The Oakland housing market is one of the greatest beneficiaries of the construction efforts, new projects witnessed in Oakland are the primary source of the Economic growth.

Nonetheless, it would appear that the Oakland state has had a lot to learn from its neighbors, in particular San Francisco. An FHFA report

thepowerisnowrealestateservices.com

identified Oakland as a Metro area where the home prices rose the most in the United States.

Over the first quarter of the year, Oakland Housing Market saw a quick spike in the home values, at 13.4% and at this trend, the prices could even rise higher next year by 7.1%.

Housing Market Trends The median house prices in Oakland state is $560,000. Despite the increase in Oakland

22

According to Zillow, 5.9% of the homes in Oakland real estate are delinquent on a mortgage obligation which only means that they have failed to keep up with the payments.

The percentage of the homeowners in Oakland underwater on their mortgage is about 9.4%, which is currently higher than the San Francisco Metro, 6.6%. real estate market, the median house value is considerably so low as compared to its neighbors, San Francisco which had a media house value exceed $1,000,000. Furthermore, in Berkeley, the media house prices was $918,000. this means that, while Oakland real estate is on the rise, the surrounding areas have made it quite difficult for the Oakland state to thrive.

Market Foreclosure in Oakland The foreclosures in Oakland will have a huge impact on the pace at which the real estate moves for this county. Currently, there are 451 properties in Oakland that are in some stage of foreclosure. Comparing this to a state like San Francisco metro value of 1.3 foreclosure for every 1000 houses.

According to data presented by RealtyTrac, it suggests that the Oakland has about 988 properties in a state of distress. This further translates that the homes could be state of preforeclosure, or they are bank owned or even they could at any time be placed up for auction.

The property owners could at any time lose the property or they already have.

These distressed properties in Oakland only become attractive when you factor in the discount in foreclosure. One impact of this is to say that the distressed properties sell for much lesser value than the non-distressed properties.

More disturbing is that of nearly 1,000 homes that are placed in foreclosure, the ma jority of them are at the risk of going into foreclosure.

23

About 38.3% could be at the risk of losing their home. 31.2% have already lost their homes to the banks. The remaining are set to be placed for auction.

What the future has for Oakland Therefore, there is no way Oakland is at par with the neighbors, nonetheless, it is a good thing, Oakland is at a good pace with the California state. The prices are fairly appreciating at higher rates, the job sector in the county is also able to keep up with the pace. Perhaps one of the ma jor reasons why the Oakland state is doing quite fine is because of the high prices in the neighboring areas like the Silicon Valley. For real estate, Oakland is a much cheaper option, especially for the industrial and office spaces.

thepowerisnowrealestateservices.com

For the residential real estate, the ma jority of the Oakland residents are renters. 55.2% of the housing inventory is already on lease. For the owner occupied units, there are about 36.9% and the remaining 7.9% are vacant.

Looking at the current trends, it is safer to say that Oakland presents the next future for the real estate market in California. Could it be it is only for a short while, or is it here to stay? Be the judge.

Sources; https://www.fortunebuilders.com/oakland-realestate-and-market-trends/

24

CHARLENE NEELY BRE # 01235710 Office: 800-401-8994 x 740 Direct: 510-435-0648 Email: charlene.neely@thepowerisnow.com

2912 Meadow Creek Rd, Clearlake Oaks $35,000 Bare land, facing Views in nice neighborhood.

ACRES: 0.271 | $ PER ACRE: $129,151

Home Ownership

Home ownership brings stability to individuals and families who have never had a dwelling place that they could call their own. There is something special about owning real estate that is unlike anything else on earth you can own.

Real Estate you own is not like cars that decay over time and you have to replace them.

Real Estate you own is not like clothes that go out of style and you have to buy new ones.

Real Estate you own is not like expensive vacations or experiences that only last a moment in time.

Real Estate you own is not like an apartment where the landlord may increase the rent until it’s no longer affordable.

Real Estate you own is not like staying at your parents house where you know can’t stay forever.

Home ownership is the beginning of wealth that increases over time and becomes your estate & legacy Home ownership is the pride of a mother nurturer and the kitchen her domain Home ownership is the pride of a father provider and protector of his territory and family.

Home ownership is the foundation of permanence and the place where life happens, birthdays celebrated, deaths mourned.

Home ownership is the place you build memories that can never be taken from you.

Memories etched in walls and concrete, experienced in rooms and floors, Memories living in trees and shrubs planted by your hand.

Howe ownership is the manifestation of you - your style, your colors, your smell, your stuff, your junk, your memories, your yard and your spaces, your life.

It’s the height markers on your first child’s bedroom wall.

It’s the hearts drawn in the concrete slabs when you pour your patio floor It’s the birthday parties, and anniversaries in the living room and kitchen.

It’s the back yard barbecue with friends, neighbors and family contentions it’s the high school and college graduation, and wedding receptions Its’ the family nights and block parties and the fellowship of family connections Home ownership It’s more than real estate. Land, brick and mortar, wood frame construction and chicken wire.

It’s more than money saved, gifts recieved and grants obtained It’s more than the debt you incur to buy it.

It’s more than the payments you make to own it.

It’s more than the appreciation that comes with keeping it over time.

It’s memories, it’s family, and it’s life that can happen in one place Until you say it’s time to move.

By Eric Lawrence Frazier MBA CA BRE 01143484 | NMLS 461807

Want to Advertise With Us? 1/2 Horizontal ad space Cost: $ 597.00 Trim 7,767” x 4.85” Full bleed 8.267” x 4.85”

Full page ad space Cost: $ 797.00 IFC: $ 1.197.00 IBC: $ 2.297.00 Backcover: $ 1.397.00 Trim 7,767” x 11.192” Full bleed 8.517” x 11.942”

1/4 Vertical ad space Cost: $ 397.00 Trim 3.8” x 4.85” Full bleed 4.85” x 4.85”

Image Requirements: All images provided for ads should be highresolution 72 dpi RGB files, PDF or TIFF file recommended. TPIN Magazine is not responsible for any errors in content. If files are prepared improperly or mechanical requirements are not met, TPIN Magazine does not guarantee the reproduction of the ad. Advertising copy, design and orders are subject to TPIN’s acceptance.

TPIN reserves the right to reject or cancel any advertisement that does not conform to editorial or graphic standards of the organization. Final ad position is at the discretion of TPIN Magazine.

Advertising agencies are responsible for payment of all advertising space ordered.

All ads submitted should be suitable to print as is.

TPIN is not responsible for any errors in content.

If files areprepared improperly or mechanical

1/8 Ad space Cost: $ 297.00 Trim 3,8” x 2.4” Full bleed 4.85” x 2.4”

requirements are not met, ThePowerIsNow does not guarantee the reproduction of the ad.

Please submit all ad materials to: goldy.ponce@thepowerisnow.com christina.kimble@thepowerisnow.com Any questions about ad submission or specifications can be addressed via e-mail: christina.kimble@thepowerisnow.com goldy.ponce@thepowerisnow.com Too technical?

Let us design it for you with ThePowerIsNow Platinum Marketing Service. E-mail goldy.ponce@thepowerisnow.com for more details.

29