Keller Williams EAST BAY

Magazine Area guide to for those looking to buy sell or rent property in the California East Bay Area.

EAST BAY

Our corner of THE WORLD Discover some of the attributes that make this city and the wider area so attractive to home hunters and investors. P6

Best Restaurants Find food venues and restaurants that are loved by foodies throughout Palo Alto. P20

expert advice Information on how to make your California home more sustainable. P22

INTERIOR DESIGN STYLE TIPS & IDEAS • SCHOOL GUIDE • ADDING VALUE TO YOUR HOME

2024 | WELCOME

Welcome,

EDITORIAL Work-Haus

ADVERTISING Simon Peacock

Dear Neighbor,

DESIGN Brigita Butvila 2BDesigner IMAGES Shutterstock Tourism Dept

On behalf of all at Keller Williams Advisors, a very warm welcome to the East Bay! We are delighted to have you and your family become part of our diverse and thriving community. The East Bay offers a unique blend of urban energy and natural beauty, with its stunning waterfront views, lush parks, and a rich cultural scene. This magazine is designed to help you settle into your new home and connect with local experts who can help you personalize and enhance your new property. Our region is home to fantastic schools, world-class dining, and plenty of family-friendly activities. Whether you choose to explore the trails of Tilden Regional Park, take a ferry ride to San Francisco, or enjoy a weekend farmers’ market, you’ll find endless opportunities to make lasting memories. The East Bay is also a hub for arts and entertainment, with local theaters, museums, and live music venues providing year-round fun for all ages. Plus, with easy access to BART and major highways, getting around the Bay Area is a breeze. We hope you take full advantage of everything our wonderful community has to offer. Please don’t hesitate to reach out to the Keller Williams team if you have any questions or need recommendations—we’re here to help make your transition smooth and enjoyable.

FINANCE Donna Billsborrow

Keller Williams Magazine is published by Work-Haus Limited. Nothing in this magazine can be reproduced in whole or part without the express permission of the publishers. Transparencies or any other material submitted for publication or any other material are sent at the owner’s risk and while every care is taken. Work-Haus Limited has endeavoured to ensure that all the information in this magazine is accurate at the time of going to press, however prices and details may be subject to change.

Rick Cunningham Operating Principal

Welcome home!

Best regards, Rick Cunningham Owner & CEO, Keller Williams, East Bay

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TABLE OF CONTENT | 2024

Our Schools Tips for Parents

When choosing where our kids will learn and grow, it’s super important to think it through. To help you out, we’ve put together some tips to make the decision easier.

20 24

Recommended Eateries Best Restaurants in East Bay Find local food venues and restaurants that are loved by foodies throughout the neighbourhood – from all-day dining hotspots and cosy gastropubs, to local Japanese restaurants, Insta-worthy brunch faves and unique eateries.

East Bay Our Corner of The World

Expert Advice The sustainable home owner Making your California home more sustainable involves a combination of energy efficiency, water conservation, and sustainable materials. Here are several strategies to help you create a more eco- friendly living environment.

Explore the vibrant area of East Bay.. Discover a wide range of local activities, including cultural events, recreational opportunities, and entertainment options.

Design & Style Tackling Interior Design in Your New House

Moving into a new house is an exciting milestone, brimming with possibilities for personalization. By following a structured approach and keeping a few key principles in mind, you can transform your new house into a home that reflects your personality and meets your practical needs.

2024 | TABLE OF CONTENT

Venture Capital / Tech Boom AI World East Bay’s recent tech and venture capital boom reflects significant investment growth in advanced tech sectors like artificial intelligence (AI), biotechnology, and green technology.

Adding Value to Your Home 7 Great Strategies In the realm of real estate, adding value to your home is not just about sprucing up its appearance; it’s an investment that can yield significant returns when done strategically.

Much ADU About Housing Our Corner of The World ADUs are also increasingly seen as a sustainable approach to urban development in East Bay, aligning with the city’s environmental goals. ADUs are small, self-contained living units either attached to or detached from a primary residence, and they provide additional housing space in areas with limited land for new development.

Famous Names Notable Residents East Bay has provided residence to a diverse array of notable individuals,

including rock stars, celebrities, athletes,

academics, and artists. Here are a few prominent figures who have called this area home.

Expert Advice Tenancy in Common Tenancy in Common (TIC) ownership has gained popularity across the Bay Area as a viable and flexible way to achieve homeownership in one of the most high value real estate markets in the U.S.

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EAST BAY | Our corner of THE WORLD

Our CORNER of

EAST BAY

East Bay, part of the larger San Francisco Bay Area, is a fantastic place to live for many reasons. With its diverse communities, thriving economy, stunning natural beauty, and vibrant cultural scene, this part of the Bay Area offers an exceptional quality of life that attracts people from all walks of life.

Our corner of THE WORLD | EAST BAY

One of the biggest draws of this area is its diversity. Cities such as Oakland, Berkeley, and Walnut Creek offer a rich blend of cultures, languages, and traditions. This is reflected in everything from the local food scene to community events and public art. Whether you’re looking for authentic dim sum, Mexican street tacos, or Ethiopian cuisine, you can find it all here. The region also has a strong sense of community, with numerous neighborhoods that are welcoming and full of character. The local economy is both strong and growing. It is home to a wide range of industries, including technology, healthcare, education, and the arts. Many people who work in San Francisco choose to settle here due to the relatively lower cost of living and excellent public transportation options, including BART (Bay Area Rapid Transit). Additionally, cities such as Oakland have thriving business hubs, including the Uptown district, which has become a hotspot for startups and entrepreneurs.

For those who love the outdoors, this part of Northern California offers unparalleled access to nature. The East Bay Regional Park District maintains over 120,000 acres of parkland, providing ample opportunities for hiking, biking, and wildlife spotting. Popular destinations include Redwood Regional Park, with its towering coastal redwoods, and Mount Diablo State Park, which offers breathtaking panoramic views of the Bay Area. Additionally, the shoreline along the San Francisco Bay provides scenic walking and cycling paths, perfect for those who enjoy waterfront views. Education is another major advantage of living in this region. It is home to world-class institutions such as the University of California, Berkeley, one of the top public universities in the world. There are also numerous highly rated public and private schools, making the area an attractive choice

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EAST BAY | Our corner of THE WORLD

for families. Libraries, museums, and cultural centers further contribute to its reputation as a hub for learning and innovation. The cultural and entertainment scene is second to none. Oakland has a thriving arts community, with music venues, galleries, and theaters showcasing local and international talent. The Fox Theater and Paramount Theatre are iconic venues hosting concerts and performances year-round. Berkeley’s famous Telegraph Avenue is a hotspot for bookshops, cafes, and live music, while the city’s renowned theater district includes the Berkeley Repertory Theatre, known for its high-quality productions. Finally, East Bay enjoys a fantastic climate. With more sunshine and warmer temperatures than foggy San Francisco, it offers the best of California weather without the extreme heat of inland areas.

Overall, this dynamic and desirable region offers diversity, economic opportunities, natural beauty, top- notch education, and a rich cultural life—all while maintaining a unique identity that sets it apart from the rest of the Bay Area.

Tips for Parents | LOCAL SCHOOLS

OUR

TIPS FOR PARENTS

The East Bay region of California offers a variety of exceptional educational institutions across all age groups. Here are 12 notable schools, ranging from elementary to high school levels:

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LOCAL SCHOOLS | Tips for Parents

Lincoln Elementary School Oakland, CA ousd.org/lincoln Lincoln Elementary is recognized for its strong academic programs and commitment to student success. The school offers a diverse and inclusive environment, fostering a love for learning among its students.

Joaquin Miller Elementary School Oakland, CA ousd.org/joaquinmiller Known for its dedicated staff and supportive community, Joaquin Miller Elementary provides a comprehensive curriculum that encourages critical thinking and creativity.

Los Perales Elementary School Moraga, CA lp.moraga.k12.ca.us Los Perales Elementary offers a nurturing environment with a focus on academic excellence and character development. The school boasts strong parental involvement and a variety of enrichment programs.

Four Steps To Selecting A School For Your Child

TIPS FOR PARENTS

STEP 1 Understand your child’s need When selecting an school for your child it is important to take into account your child’s individual needs, learning style, interests, and goals when making this decision. STEP 2 Research on different Schools Once parents know what type of a school their child will benefit in, they should start researching those schools and make a list. By researching different schools, parents can get an in-depth understanding of the educational opportunities that each school provides and determine which school would be best suited for their child’s needs. Additionally, researching on different schools can provide parents with insight into the safety and security measures that are in place at each school, and give them a better idea of the quality of education they will be providing for their child.

STEP 3 Visit the shortlisted schools Once parents have made a list of the shortlisted schools, the next step should be to visit them. Visiting different schools gives parents an opportunity to assess the quality and worthiness of each school and determine which one is best suited for their child. STEP 4 Application Form For a parent, the final step to selecting a school for your child should be to apply to the top selected schools. It’s important for parents not to restrict themselves only to one school application and apply to at least 2-3 best schools in case the child doesn’t get selected in one of them. Also its important for parents to start the application process as soon as possible before the school stops taking in more students.

Tips for Parents | LOCAL SCHOOLS

Montera Middle School Oakland, CA ousd.org/montera

Montera Middle School provides a dynamic learning environment with a wide range of academic and extracurricular programs designed to meet the diverse needs of its student body. The College Preparatory School Oakland, CA ollege-prep.org This private high school is renowned for its challenging academic programs and a strong focus on preparing students for college. The school fosters a collaborative learning environment and offers a variety of extracurricular activities. Serving students from kindergarten through 12th grade, Head-Royce is a private school known for its rigorous academics and commitment to diversity and inclusion. The school offers a wide range of programs in the arts, athletics, and community service. Bentley School Lafayette, CA (Upper School) bentleyschool.org Bentley School is a private college preparatory school serving students from kindergarten through 12th grade. The Upper School in Lafayette offers a rigorous academic curriculum, small class sizes, and a strong emphasis on critical thinking and creativity. Head-Royce School Oakland, CA headroyce.org Ecole Bilingue de Berkeley Berkeley, CA eb.org This private bilingual school offers a French-English curriculum for students from preschool through 8th grade. The school emphasizes academic excellence, cultural fluency, and the development of critical thinking skills. Bishop O’Dowd High School Oakland, CA bishopodowd.org A Catholic college preparatory high school, Bishop O’Dowd is known for its strong academic programs, commitment to social justice, and

vibrant campus ministry. The school offers a variety of extracurricular activities, including competitive sports teams and arts programs.

Albany High School Albany, CA ahs.ausdk12.org

Part of the Albany Unified School District, Albany High School offers a comprehensive curriculum with numerous Advanced Placement courses. The school is recognized for its academic excellence and diverse student body. Piedmont High School Piedmont, CA piedmont.k12.ca.us/phs Serving the small community of Piedmont, this high school offers a personalized educational experience with strong community involvement. It is known for its robust academic programs and a wide array of extracurricular activities. Acalanes High School Lafayette, CA acalanes.k12.ca.us/acalanes As part of the Acalanes Union High School District, Acalanes High School is recognized for its strong academic programs, including numerous Advanced Placement courses. The school also offers a variety of athletic and arts programs. These schools represent some of the top educational institutions in the East Bay area, catering to a range of age groups and offering diverse programs to meet various student needs.

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About Cari Designs Architecture

Why Hire an Architect for Your Renovation? An architect is your advocate, ensuring your renovation aligns with both your lifestyle and practical constraints. From initial sketches to permitting and construction oversight, we guide you through the process, helping you make informed decisions and avoid costly surprises. A renovation is a significant investment—having a professional by your side ensures a smoother, more successful outcome. Our Process We begin with a 20-minute online meeting to discuss your vision, budget, and timeline. If it’s a good fit, we schedule an in-person consultation to assess the site and refine the project scope. Afterward, we review a detailed proposal via an online meeting, ensuring transparency and clear communication—key to a successful collaboration. For inquiries, use our website contact form, email projects@cari-designs.com , or call 510.467.0768 during business hours.

Cari Rosner Jelen, Architect

At CDA, we believe in making the most out of every opportunity, be it design or otherwise. We believe that awe and inspiration are just as important as safety and security, and that the devil is most certainly in the details. We thrive on the idea that our work is making a difference in the daily lives of our clients. We believe in nurturing our relationships and local community and have dedicated our practice to helping homeowners to this end. Most importantly, our goal is to ensure every client is happy with the final result. I’m fortunate to have a team that shares these values. My passion for architectual design began in second grade when I built a model hotel for a class project. The power of being able to determine the experience of those imaginary inhabitants was intoxicating! That early spark led me to focus my career on: • Expanding homes to meet the needs of growing families • Designing ADUs to accommodate aging-in-place and provide supplemental income • Improving your home’s connection to nature • Reimaging your space to support and enhance your daily life • Helping homeowners make informed decisions about the costs/benefits of renovating

A Project We’re Proud Of: Mid-Century Sanctuary – Kensington, CA We revitalized and expanded this mid-century modern home, creating a seamless indoor- outdoor living experience. A new multi-purpose sunroom connects to a spacious party deck with a built-in hot tub and outdoor shower. Expansive folding doors allow the indoor pool to flow naturally onto the deck, the complex design required close collaboration with the engineers and contractors. Updating this architectural gem was both an honor and a responsibility. The homeowners’ involvement made the process even more rewarding, and the final result blends harmoniously with the original structure. Words of Encouragement When you collaborate with a team that understands your needs, the journey becomes not just productive but truly inspiring. Finding the right architect—one who shares your values, design sensibilities, and communication style— ensures a smooth, fulfilling process. A well- matched partnership fosters creativity, trust, and excitement, making every step of your project a rewarding experience.

Check us out on Yelp! | cari-designs.com | 510-467-0768

DESIGN & STYLE | Interior Design in Your New House

Tackling INTERIOR DESIGN IN YOUR New House

BENEFICIAL TIPS AND GUIDELINES

Moving into a new house is an exciting milestone, brimming with possibilities for personalisation. However, the process of interior design can seem daunting with countless decisions to make and numerous styles to consider. By following a structured approach and keeping a few key principles in mind, you can transform your new house into a home that reflects your personality and meets your practical needs.

Interior Design in Your New House | DESIGN & STYLE

the ‘work triangle’ concept, which optimises the distance between the sink, stove, and refrigerator for efficient use. ◊ STORAGE SOLUTIONS: Adequate storage is essential for maintaining an organised home. Incorporate built-in storage solutions where possible, and invest in multi-functional furniture like ottomans with hidden compartments or beds with under- bed drawers.

PRIORITISE FUNCTIONALITY

While aesthetics are important, functionality should not be overlooked. Your home needs to work for your lifestyle, so consider how each space will be used. ◊ ROOM FUNCTION: Define the primary function of each room. For example, the living room may serve as a space for relaxation and entertainment, while the kitchen is for cooking and dining. Understanding the purpose of each room will influence your design choices, from furniture selection to layout. ◊ FLOW AND ACCESSIBILITY: Ensure that the layout allows for easy movement and access. Avoid cluttered spaces and create clear pathways. In rooms like the kitchen and bathroom, consider

CHOOSE A COLOUR SCHEME

Colour plays a pivotal role in interior design, influencing mood and perception of space. When selecting a colour scheme, consider the following: • ACCENT COLOURS: Introduce accent colours to add interest and personality. These can be incorporated through cushions, rugs, artwork, and decorative items. Use the 60-30-10 rule:

START WITH A PLAN

Before you dive into decorating, it is essential to create a comprehensive plan. This involves assessing the space, identifying your style, and setting a budget. • ASSESS THE SPACE: Begin by evaluating each room. Consider the architectural features, such as windows, doors, and built- in elements. Note the room’s dimensions and how natural light interacts with the space. This will help you determine the best layout and design choices. • IDENTIFY YOUR STYLE: Take time to explore different interior design styles. Whether you prefer modern minimalism, rustic charm, or classic elegance, understanding your aesthetic will guide your decisions and ensure cohesion throughout the house. Create a mood board with images, colours, and textures that resonate with you. • SET A BUDGET: Interior

60% of the room should be the dominant colour, 30% a secondary colour, and 10% an accent colour.

Whether you prefer modern minimalism, rustic charm, or classic elegance, understanding your aesthetic will guide your decisions and ensure cohesion throughout the house.

design can be expensive, so it is crucial to establish a budget. Prioritise the rooms that need immediate attention and allocate funds accordingly. Be realistic about what you can achieve and consider cost-saving measures like DIY projects or upcycling existing furniture.

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DESIGN & STYLE | Interior Design in Your New House

• BASE COLOURS: Choose a neutral base colour for larger areas such as walls and floors. Neutral tones like white, beige, and grey provide a versatile backdrop that can be easily updated with accessories and furnishings. • COHESION: Ensure a cohesive flow throughout your home by selecting colours that complement each other. Consider using a colour palette that extends from room to room, creating a harmonious transition.

FURNITURE AND LAYOUT

Selecting the right furniture and arranging it effectively is key to a well-designed space. » SCALE AND PROPORTION: Choose furniture that fits the scale of the room. Oversized pieces can make a small room feel cramped, while too-small furniture can make a large room feel sparse. Measure your space and consider the proportion of each piece in relation to the room. » FOCAL POINTS: Identify focal points in each room, such as a fireplace, a piece of art, or a statement piece of furniture. Arrange your furniture to highlight these features and create a balanced composition. » COMFORT AND QUALITY: Invest in quality furniture that is both comfortable and durable. While it might be tempting to go for cheaper options, well-made furniture will stand the test of time and provide better comfort and support.

LIGHTING

Lighting is a crucial element that can dramatically affect the ambience and functionality of your home. ◊ NATURAL LIGHT: Maximise natural light by keeping windows unobstructed and using light, airy window treatments. Mirrors can

activities, and accent lighting highlights architectural features or artwork. Use dimmer switches to adjust the intensity and create the desired mood. ◊ LIGHT FIXTURES: Choose light fixtures that complement your design style. Chandeliers, pendant lights, and wall sconces can serve as statement pieces, while recessed lighting offers a subtle, modern look.

also be strategically placed to reflect light and create a sense of spaciousness. ◊ LAYERED LIGHTING:

Incorporate a mix of ambient, task, and

accent lighting. Ambient lighting provides overall illumination, task lighting focuses on specific

Interior Design in Your New House | DESIGN & STYLE

PERSONAL TOUCHES

Personal touches make a house feel like a home. Incorporate elements that reflect your personality and interests. • ARTWORK & DECOR: Display artwork,

Choose materials that are environmentally friendly and sustainably sourced.

photographs, and decor items that hold personal significance. This could include travel souvenirs, family heirlooms, or pieces created by local artisans.

» ENERGY EFFICIENCY: Opt for energy-efficient appliances and lighting. Install programmable thermostats and consider using solar power where possible. » INDOOR PLANTS: Indoor plants improve air quality and add a touch of nature to your home. Choose low-maintenance varieties that thrive indoors, such as succulents, spider plants, and peace lilies.

SUSTAINABLE CHOICES

• TEXTIES AND ACCESSORIES: Use textiles like cushions, throws, and rugs to add texture and warmth. Accessories such as vases, candles, and plants can inject colour and life into a room. • BOOKS AND COLLECTIONS: Showcase your favourite books and collections. This not only adds a personal touch but also provides insight into your interests and passions.

Incorporating sustainable design practices can benefit both the environment and your well-being. » ECO-FRIENDLY MATERIALS: Choose materials that are environmentally friendly and sustainably sourced. Look for furniture made from reclaimed wood, organic fabrics, and non- toxic finishes.

Final Thoughts Tackling interior design in your new house is a journey that requires patience, creativity, and careful planning. By prioritising functionality,

choosing a cohesive colour scheme, selecting appropriate furniture, optimising lighting, adding personal touches, and making sustainable choices, you can create a space that is not only beautiful but also uniquely yours. Remember that your home is a reflection of your personality, so don’t be afraid to experiment and infuse it with elements that make you happy. Enjoy the process and take pride in the home you create.

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Tell us a little about the background of your company. Vought Construction specializes in high-end, luxury homes and complex remodels in the Bay Area. Founded with a commitment to quality craftsmanship and seamless collaboration, we work closely with homeowners, architects, and designers to bring challenging projects to life. Our expertise lies in handling intricate renovations, hillside builds, and historic home restorations, ensuring that every project meets the highest standards of excellence. What or who inspired your career in the construction industry? My journey into construction started at 16 when I spent summers working with my uncle Earl, a hillside homebuilder. He taught me the fundamentals of building a home and the unique challenges of complex sites. Later, I met Julie Nachtwey, a local realtor who introduced me to potential clients and helped me grow my business. In my early twenties, I had the opportunity to work with Bart Elmer of WB Elmer & Co., an award-winning luxury home builder. Under his mentorship, I learned what it takes to build high-end homes with precision and craftsmanship. Over the years, building has grown naturally into something I truly love— blending problem-solving, creativity, and the satisfaction of seeing a project come to life.

Specializing in luxury homes & remodels

What type of jobs are you able to take on? Vought Construction specializes in building custom homes from the ground up, particularly on vacant lots and challenging hillside properties. We also take on complete tear- down and rebuild projects, as well as full-home remodels down to the studs. Our expertise lies in complex structural work, advanced foundation systems, and high-end finishes, ensuring that every home we build is both beautiful and built to last. We thrive on projects that require creative problem-solving and seamless collaboration with architects and engineers to bring unique designs to life. What advice would you give to someone planning a renovation project? The key to a successful renovation is thorough planning and assembling the right team. Start by clearly defining your goals, budget, and must-haves before beginning the process. Work with experienced professionals—an architect,

contractor, and designer—who understand the complexities of your project and can help anticipate challenges before they arise. Communication is essential; maintaining open discussions with your team ensures the project stays on track. Lastly, expect the unexpected— renovations, especially on older homes, often come with surprises, so having a contingency budget and a flexible mindset will make the process much smoother. What aspect of your job do you most enjoy? What I enjoy most about my job is the challenge of turning complex projects into beautifully crafted homes. Whether it’s building on a difficult hillside lot or executing a full-home remodel, I love the problem-solving and precision required to bring a vision to life. Seeing a project go from an idea on paper to a finished home that clients will enjoy for years is incredibly rewarding. Every project is unique, and that keeps the work exciting and fulfilling.

devon@voughtconstructioninc.com | voughtconstructioninc.com

RECOMMENDED EATERIES

Best

RESTAURANTS

OUR PICK OF EAST BAY’S RESTAURANTS

La Marcha Tapas Bar Berkeley, CA lamarchaberkeley.com

Jo’s Modern Thai Oakland, CA josmodernthai.com

Specializing in authentic Spanish tapas, La Marcha offers a variety of small plates and an extensive wine list in a lively atmosphere. Price Range: Moderate. Bardo Lounge & Supper Club Oakland, CA bardooakland.com Inspired by mid-century American dining, Bardo offers a contemporary take on classic dishes in a stylish setting. Price Range: Expensive. Top Hatters Kitchen & Bar San Leandro, CA tophatterskitchen.com This globally inspired restaurant features a menu of seasonal dishes crafted from locally sourced ingredients. Price Range: Expensive.

Offering a modern twist on traditional Thai cuisine, Jo’s provides a vibrant dining experience with inventive dishes and cocktails. Price Range: Expensive.

The East Bay area of California boasts a diverse culinary scene, offering a wide range of dining experiences to suit various tastes and budgets. Here are 12 popular eateries in the region:

Reve Lafayette, CA reverestaurant.com

A French bistro offering classic dishes with a modern flair, complemented by an extensive wine selection. Price Range: Very Expensive. Wood Tavern Oakland, CA woodtavern.net Known for its hearty American fare and warm ambiance, Wood Tavern is a favorite for both lunch and dinner. Price Range: Expensive.

RECOMMENDED EATERIES

Kiraku Berkeley, CA kirakuberkeley.com

Belotti Ristorante Oakland, CA belottirb.com

This izakaya-style restaurant offers an array of Japanese small plates and an impressive sake selection. Price Range: Moderate.

Specializing in Northern Italian cuisine, Belotti is renowned for its handmade pastas and authentic flavors. Price Range: Expensive.

Postino Lafayette, CA postinorestaurant.com

Kingston 11 Cuisine Oakland, CA kingston11eats.com

Serving Italian-inspired cuisine, Postino features a menu of handmade pastas and wood-fired dishes in an elegant setting. Price Range: Expensive.

Offering Jamaican and Californian fusion dishes, Kingston 11 provides a community-oriented dining experience with vibrant flavors. Price Range: Moderate.

Cheese Board Pizza Berkeley, CA

Vientian Café Oakland, CA vientiancafe.com

cheeseboardcollective.coop/pizza A worker-owned collective offering a daily-changing vegetarian pizza, often accompanied by live music. Price Range: Inexpensive.

These establishments showcase the rich and varied dining options available in the East Bay, catering to a wide range of culinary preferences and budgets.

A family-run establishment serving a blend of Laotian, Thai, and Vietnamese dishes in a cozy atmosphere. Price Range: Inexpensive.

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Interview with RE Mortgage Advisors

typically have limited options and rigid criteria, and if a client doesn’t meet those requirements or if the property doesn’t align with their standards, they may decline the loan. With our broad range of lenders, we can almost always find a suitable option. Examples of this include our ability to close in 7-21 days, as well as our expanded criteria or Non-QM offerings, which allow for lower FICO scores, higher LTV (loan- to-value) ratios, bridge loans, buy-before-sell programs, hard or private money, and many other financing options that big banks typically don’t support. What changes do you foresee for the California mortgage industry in the future? We’re hoping for relief on mortgage rates, but it’s uncertain when or how low rates will go. With California still facing an inventory shortage and increasing demand, clients will need access to diverse lending options to expand their capacity. Additionally, we’ll likely see a growing interest in multi-unit properties, PUDs (Planned Urban Developments), condos, ADUs (Accessory Dwelling Units), and investment opportunities as the shortage is addressed over the next few years. Hopefully, a combination of factors will help increase inventory levels, as demand is far outpacing the current supply. What kind of financial difficulties have you been able to help buyers with? The RE Mortgage Team helps clients navigate various financial challenges. It’s not just about low FICO scores - we offer loans with no minimum credit score requirements. In high-cost markets, we provide financing with up to a 55% DTI ratio, while most banks cap at 45%. For down payment issues, we offer assistance programs with up to 100% financing and loans requiring only 10% down for amounts up to $3 million. We specialize in unique financing solutions. Since the pandemic, self-employed borrowers have faced significant hurdles and struggle to qualify through traditional methods. To help, we offer bank statement programs for both corporate and personal accounts, as well as asset dissipation loans. These programs allow us to qualify individuals with large asset portfolios but without stable W2 or business income. In California’s high-cost market, financial challenges are common, and at RE Mortgage Advisors, we provide customized solutions to meet each client’s specific needs.

Michael Houghton, Executive Finance Manager

Tell us a little about the background of RE Mortgage Advisors. RE Mortgage Advisors was created to simplify the home and commercial financing experience for clients and partners. Our platform allows clients to get preapproved through a single application, maximize their financing potential, and shop multiple providers for the best rate and program. We quickly deliver secure, compliant, fully funded loans. Our dedicated NMLS-licensed Finance Managers handle all communications from initial contact to funding, ensuring clear, compliant channels between clients, agents, title companies, insurance providers, banks, and all parties involved. Our ownership group is committed to providing market center teams with the resources needed to deliver the best possible experience. Why should people select you for their property financing ? With a single online application, clients can get preapproved without a hard credit pull and gain access to the largest network of wholesale and retail lenders. This ensures the best rates and terms for financing. Our platform also makes document uploads easy and keeps all parties informed throughout the process, offering a seamless experience. Can you give an example of how you have benefited a client during a difficult negotiation? In today’s competitive real estate market, clients often need multiple financing options to navigate potential challenges. Through our extensive network of wholesale and retail lenders, we offer solutions that many banks can’t provide. Banks

rmaloans.com

Navigating

with Expert Guidance

Our experienced Finance Managers guide clients through the entire mortgage process, ensuring all available options are considered and the best path forward is clear. By thoroughly assessing individual needs and goals, we provide expert advice to help identify the most suitable solutions for each client’s financial situation. Expert Mortgage Guidance Trust and commitment are the foundation of every client relationship. With a focus on transparency and integrity, we provide reliable guidance to help clients make informed decisions. Our priority is safeguarding the financial well- being of those we serve, offering consistent support and peace of mind throughout the mortgage process. Trust and Commitment We offer a wide range of mortgage solutions with flexible options designed to meet each client’s unique needs. Our team takes the time to understand both immediate goals and long-term plans, ensuring current needs are met while securing future financial stability and growth. Tailored Financing Solutions

Sustainable homeowner The

Making your Bay Area home more sustainable not only contributes to environmental protection but can also yield significant tax benefits. Here are some strategies to enhance your home’s sustainability along with relevant tax breaks.

BENEFICIAL TIPS AND GUIDELINES

The Sustainable homeowner | EXPERT ADVICE

water-efficient fixtures can qualify for rebates through programs like Santa Clara Valley Water District’s rebate system, although these do not have direct federal tax benefits.

can make a substantial difference in your home’s sustainability. Homeowners may qualify for the **Energy Efficient Home Improvement Credit**, which offers a tax credit of up to 30% on qualifying home insulation, energy-efficient windows, and doors. This credit has an annual limit for each category, so you can spread out improvements over multiple years if necessary. Energy-efficient appliances, such as refrigerators, dishwashers, and water heaters, use less electricity and water. California has a variety of incentives through its rebate programs, and some energy-efficient appliances qualify for tax credits as well. The federal **Energy Efficient Home INSTALL ENERGY-EFFICIENT APPLIANCES AND HVAC SYSTEMS

INSTALL SOLAR PANELS

Solar panels are a great investment for long-term energy savings and sustainability. They reduce reliance

CONSIDER AN ELECTRIC VEHICLE (EV) CHARGING STATION

on fossil fuels by providing a renewable energy source for your home. California’s sunny climate makes it an ideal location for solar energy production, so you can significantly cut electricity costs while reducing your carbon footprint. The federal

Every small change contributes to a larger impact, fostering a sustainable future for both your household and the community at large.

Installing an EV charging station at home supports a sustainable lifestyle and can also earn you a federal tax credit. The **Alternative Fuel Vehicle Refueling Property Credit** provides up to 30%

government offers the **Residential Clean Energy Credit**, which allows homeowners to deduct 30% of the cost of installing solar panels from their federal taxes. This credit will decrease to 26% in 2033 and 22% in 2034, so now is a good time to make this upgrade. Palo Alto also offers its own solar rebates, and some utility companies offer additional incentives to make solar installation more affordable.

back on costs associated with EV chargers, capped at $1,000 for residential use.

Improvement Credit** also covers up to 30% of the costs associated with upgrading to an energy-efficient HVAC system.

CONCLUSION

Local residents can enhance their home’s sustainability by implementing renewable energy solutions, improving insulation, and adopting water conservation practices. Taking advantage of federal tax credits and local rebate programs can significantly offset costs and make your journey toward sustainability even more affordable.

Good insulation reduces the need for heating and cooling, which saves ENHANCE HOME INSULATION AND WINDOWS

IMPLEMENT WATER CONSERVATION MEASURES

Water conservation is especially important in California. Installing a smart irrigation system, low-flow showerheads, and faucets can reduce water waste. In some cases, installing

energy and money. Upgrading your insulation and replacing old windows with energy-efficient ones

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FAMOUS NAMES | Notable Residents

Notable Residents

East Bay has been the birthplace or home of several famous individuals spanning various fields. Here are ten notable figures from the area:

ZENDAYA ACTRESS & SINGER

TOM HANKS ACTOR & FILM MAKER

SHEILA E. DRUMMER & SINGER

The legendary musician, known for her work with Prince and solo hits like The Glamorous Life, was born in Oakland into a family of talented performers.

AMY TAN AUTHOR & NOVELIST

Born in Concord, CA, Tom Hanks is an Academy Award-winning actor known for films like Forrest Gump, Saving Private Ryan, and Cast Away.

The acclaimed author of The Joy Luck Club grew up in Oakland and has written numerous bestsellers exploring Chinese-American identity and family dynamics.

Raised in Oakland, Zendaya gained fame on Disney Channel before becoming an Emmy-winning actress for Euphoria and starring in major films like Dune and *pider-Man: No Way Home.

MC HAMMER RAPPER & ENTREPRENEUR)

ANGELA DAVIS ACTIVIST & SCHOLAR

The rapper behind U Can’t Touch This grew up in Oakland and became one of the biggest stars of the early ‘90s, later venturing into business and philanthropy.

A civil rights icon, professor, and former Black Panther, Davis has long been associated with the East Bay, particularly through her activism in Oakland and Berkeley.

RYAN COOGLER FILM DIRECTOR & SCREENWRITER

STEVE WOZNIAK APPLE CO-FOUNDER

CLINT EASTWOOD ACTOR & DIRECTOR

The co-founder of Apple Inc. was born in San Jose but has long been associated with the Bay Area’s tech scene, influencing the rise of Silicon Valley. KAMALA HARRIS FORMER U.S. VICE PRESIDENT Born in Oakland, Kamala Harris made history as the first female Vice President of the United States, previously serving as California’s Attorney General and a U.S. Senator.

Born and raised in Oakland, Coogler is the director of Black Panther, Creed, and Fruitvale Station, known for bringing powerful storytelling to the big screen.

The legendary actor and filmmaker grew up in Piedmont and later lived in the East Bay. Eastwood is known for Dirty Harry, Million Dollar Baby, and Unforgiven.

These individuals have left a lasting impact in their respective fields while maintaining strong ties to the East Bay.

AI WORLD | EAST BAY

Venture Capital / Tech Boom EAST BAY Sources: Playground Global Press Release Crunchbase

East Bay’s recent tech and venture capital boom reflects significant investment growth in advanced tech sectors like artificial intelligence (AI), biotechnology, and green technology. This surge is part of a broader Bay Area investment uptick, spurred by the global AI demand. The Bay Area alone has secured around 41% of the U.S. venture funding in 2023, a high mark driven mainly by Palo Alto-based AI companies and other high-tech startups.

Companies like Inflection AI have attracted major investments, including a $1.3 billion injection from heavyweights like Microsoft and NVIDIA, underscoring the region’s central role in AI innovation and commercialization. This growth has cemented the Bay Area as an AI hub, especially in cities like San Francisco and Palo Alto, now referred to as “Cerebral Valley” for its concentration of AI talent and activity. The excitement isn’t limited to AI. Venture capital firms in Palo Alto, such as Playground Global and Catapult Ventures, are channeling funds into “deep tech” areas that include next- gen computing, advanced automation, and synthetic biology. For instance, Playground Global recently raised $410 million to support early-stage companies pioneering fields such as engineered biology, automation, and decarbonization. These investments are transforming sectors from drug discovery to sustainable energy, promising both technological advancement and new market leadership for the U.S. tech industry. This boom is part of a trend where local firms not only back AI and deep tech but also play active roles in nurturing these startups. Firms

like Norwest Venture Partners and Hercules Capital provide mentorship, strategic insight, and access to extensive networks to foster growth and

developed to address complex global challenges.

In essence, Palo Alto and the broader Bay Area are experiencing a tech investment renaissance, with venture capital focusing heavily on foundational and disruptive technologies. This trend not only revitalizes

The boom is part of a trend where local firms not only back AI & deep tech but also play active roles in nurturing these startups.

the local economy but also repositions the Bay Area as a center for innovation amidst

innovation in these emerging fields. These approaches ensure that startups in Palo Alto aren’t just financially supported but are also strategically

nationwide funding declines, with strong impacts expected in sectors like AI, biotechnology, and sustainable tech.

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EXPERT ADVICE | Tenancy in Common

tenancy IN COMMON Tenancy in Common (TIC) ownership has gained popularity across the Bay Area as a viable and flexible way to achieve homeownership in one of the most high value real estate markets in the U.S. TIC ownership allows multiple individuals to hold separate, undivided interests in a single property, which can be advantageous for those who may not afford traditional single-family homes or condos independently.

Tenancy in Common | EXPERT ADVICE

can be converted into TICs, enabling each buyer to own part of the property without paying the full cost of a traditional down payment or mortgage alone. For many, TICs represent one of the few accessible entry points to homeownership in these high-demand urban centers.

responsibilities, and financial contributions, making it a highly adaptable ownership model. However, TICs come with unique challenges. Financing can be more complex since TICs do not involve individual deeds for separate units, as condos do. Buyers often require specialized fractional loans, which not all banks offer and may carry higher interest rates. Further, TICs demand comprehensive legal agreements to manage co-ownership issues, dispute resolution, and the process for selling shares. Clear guidelines are crucial to avoid conflicts and ensure smooth, cooperative management of the property. Despite these challenges, TIC ownership remains a popular option in the Bay Area because it provides a way to live in desirable, often central neighborhoods at a more accessible price point. TICs have also become increasingly structured to support owner stability,

A major advantage of TIC ownership is flexibility. Owners can transfer

or sell their shares independently, although some agreements may give other owners a first right of refusal. Additionally, while TIC agreements typically assign specific units or rooms

Unlike condo ownership, TIC properties are not formally subdivided; instead, owners hold a percentage of the entire property and often specify exclusive rights to certain units or spaces within it through legal agreements.

with lenders and real estate professionals developing expertise in TIC-specific financing and contracts. As housing prices continue to climb, TICs represent a creative and pragmatic solution for Bay Area residents seeking an alternative path to homeownership. This trend reflects a broader shift

The Bay Area’s soaring property prices have made,

The Bay Area’s soaring property prices have made homeownership increasingly out of reach for many. TIC arrangements address this by allowing buyers to pool their resources to purchase a property together, which

home ownership increasingly out of reach for many. TIC arrangements address this by allowing buyers to pool their resources to purchase a propety together.

can drastically reduce individual costs. This

for exclusive use, these arrangements can also allow owners to customize the terms for shared spaces, maintenance

toward innovative ownership models in response to California’s housing affordability crisis.

structure is especially appealing in cities like San Francisco, Oakland, and Berkeley, where older buildings

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EXPERT ADVICE | Adding Value to Your Home

adding to your home value

7 GREAT STRATEGIES

In the realm of real estate, adding value to your home is not just about sprucing up its appearance; it’s an investment that can yield significant returns when done strategically. Whether you’re looking to sell your property in the near future or simply aiming to enhance your living space, here are seven proven strategies to boost your home’s value.

Adding Value to Your Home | EXPERT ADVICE

on modernizing the kitchen with updated appliances, countertops, and cabinetry. Opt for timeless designs and neutral colors that appeal to a broad range of tastes. Additionally, consider adding functional elements such as a kitchen island or a pantry to increase both aesthetics and utility.

Consider replacing worn-out tiles, installing energy-efficient toilets, and adding extra storage space. A clean, well-maintained bathroom can significantly increase your home’s value and appeal.

ENERGY-EFFICIENCY IMPROVEMENTS

BATHROOM UPGRADES

In today’s environmentally conscious world, energy- efficient homes are highly sought after.

Similar to kitchens, bathrooms are key selling points for homes. Upgrading fixtures, such as faucets and showerheads, can instantly give a bathroom a more luxurious feel.

CURB APPEAL ENHANCEMENT

The first impression matters. Invest in enhancing your home’s curb appeal by maintaining a well-manicured lawn, planting colorful flowers, and adding appealing exterior lighting. Fresh paint for the front door and clean, well-defined pathways can make a world of difference. Potential buyers or visitors should feel drawn to your home from the moment they arrive.

Investing in energy-saving upgrades not only reduces utility bills but also adds value to your property. Consider installing solar panels, upgrading to energy-efficient windows and doors, and enhancing insulation. These improvements not only benefit the environment but also make your home more attractive to potential buyers.

OPEN FLOOR PLAN

Many modern homeowners prefer open, spacious layouts that facilitate seamless interaction between different areas of the house. If feasible, consider knocking down non-load-bearing walls to create a more open floor plan. This can make your home feel larger and

KITCHEN REMODELING

The kitchen is often considered the heart of a home, and it’s a prime area for adding value. Focus

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