Stephen Curry, the superstare behind the record-breaking Warriors team, recently bought a modest $3.2 million home in Walnut Creek. The house came on the market in April for $3.988 million and was more recently priced at $3.65 million. It previously sold for $2.5 million last year.
With 5 bedrooms, 5 bathrooms, and 8,000 square feet sitting on an acre of land, this two-story Mediterranean estate includes a 2,300 bottle wine cellar for lots of wine guzzling and 4 fireplaces for some more s'more making. Just in time for the holidays.
Economists have been predicting a rise in interest rates all year, but this time they might not be crying wolf. The Commerce Department is expected to report that personal income and spending rose in October from the month before. This bump, along with the better-than-expected jobs report, could boost the Federal Reserve's case for hiking interest rates this December for the first time in 10 years. Perhaps the best Cyber Monday deal would be to lock in a rate before it inevitably goes up!
Quoted directly from SF Business Times (because I could never be so eloquent): "As the exodus from the pricey San Francisco office rents has pushed businesses to search for more affordable digs, one city in particular has reaped the benefits: Oakland.
Whether it's Uber buying the 400,000 square foot Uptown Station property, formerly the Sears building, or San Francisco bastion the Sierra Club pulling its 124-year-old stakes, more than a dozen major businesses have fled to Oakland so far this year."
See chart below.
All things real estate.