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Bay Area Pastor Buys Property Fully Submerged in Alameda Lagoon, Sight Unseen – Hoodline

A crab named Sebastian once told us, “Under the sea, darling it’s better, down where it’s wetter, take it from me.” A Bay Area man might just believe that catchy children’s song, after buying a property that is literally underwater and was listed for nearly four times more than he paid. The property, located at 610 Grand Street in Alameda, was acquired sight unseen for $100,100 by a San Lorenzo pastor, who did not realize his investment was submerged in a lagoon until it was far too late, SFGate reported.…

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Top 10 home deals in Palo Alto the week of May 13 – The Mercury News

A condo in Palo Alto that sold for $1.3 million tops the list of the most affordable real estate sales in Palo Alto in the past week. For comparison, the overall average price of real estate in Palo Alto during the last week was $3.2 million. The average price per square foot was $1,642. A total of 13 home sales were recorded for the period with an average square footage of 1,933 square feet, 3 bedrooms, and 2 bathrooms. The top 10 list below includes the best deals on real…

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American Canyon Listings

Embattled Sonoma Valley developer Ken Mattson has Piedmont mansion up for sale – Sonoma Index-Tribune

Controversial Sonoma County developer Ken Mattson has his Piedmont mansion up for sale as allegations from his business partner that he defrauded investors unfold. The six-bedroom, 8.5-bath Bay Area home was posted for sale online by real estate brokerage Grubb Co. for $9.9 million on Thursday, a development reported by the San Francisco Chronicle on Sunday. The day after the home went on the market, the FBI conducted a morning raid of another Mattson home northeast of the city of Sonoma, as first reported by The Press Democrat Friday. Neither…

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Real Estate Marketing

Silicon Valley luxury home market heats up amid AI boom – AOL

Artificial intelligence companies’ explosive growth is boosting the San Francisco Bay Area’s luxury real estate market. Sales of homes priced at $5 million or more in Santa Clara County — the most populated county in the Bay Area and home to Silicon Valley — spiked in April. The median home price is nearly $1.8 million, according to real estate agency Compass. Local analysts and agents attribute the bull run to the success of tech companies, most notably in the AI industry. “There’s been a huge increase in value in stock…

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