What is happening on Moraga Drive?  As you know they are still working on the 405, so that impact will continue for a while.  As a result, we are all dealing with the street closures, etc. from time to time.. It can make living in the area a challenge at times.   Has it impacted real estate values directly, I personally think it is a combination of the overall economy (mostly), and the construction (somewhat). With the construction work still going on, and the heat up in the market, it is easier to see where they issues have been.  As far as real estate comparisons between this past quarter and the same one last year, the amount of activity in the area, was as it was last year, somewhat minimal.  For example, there are/were no current listings of homes for sale, no escrows either year, one closed escrow this year, and no homes available for lease nor any that were leased either year.

Please let me know how I can assist you with your real estate needs. 

 Happy New Year… here’s to a Healthy, Happy one!!!

Cordially,

 Carole

 What is happening on Moraga Drive specifically?

Other then the opening and closing of the street on a regular basis with the construction, and the speed with which the construction is going along on the Bel Air Bar & Grill, and of course the fire of a few weeks ago, it has been relatively quiet on your wonderfully beautiful street.  The only difference between the 3^rd quarter of this year and last is that there is one home in escrow, other than that, everything else is the same, no active listings, no closed escrows, no homes available for lease nor leased.