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Lunar New Year in the East Bay

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See what homes are for sale now in Oakland

Lunar New Year in the East Bay

The Lunar New Year in the East Bay is a great time to buy a new East Bay home: new home, new start.The Lunar New Year (more commonly referred as Chinese New Year) is one of the most globally known annual events and, here in the East Bay, it’s no different.  For the more traditional Asian families, Lunar New Year lasts 15 days, with each day containing certain activities (with some varying differences between cultures).  Some highlights include a traditional dinner on New Year's Eve, fire crackers and lion dance and, my favorite, handing out red envelopes filled with money.  To most outsiders, it’s just the Asian version of New Year's.  But it’s really so much more than that.  The Lunar New Year symbolizes luck, prosperity and, most importantly, a new beginning.

Search homes for sale in the Berkeley-Oakland areaWithin the Asian culture, before the start of every new year, we take the time to clean our entire home from top to bottom.  It is believed that, when we clean our home thoroughly, we release all of the evil and negative spirits that burden us.  By doing so, we start the new year off with a clean state of good energy.  It is also believed that how you spend the first day of New Years will strongly dictate how the rest of the year goes for you.

Speaking of new starts, now would be a wonderful time to invest in a home in the East Bay.  Whether you’re looking to live here or to get into rental properties, home prices in Oakland have been steadily and consistently improving for the past three years and only look to continue the trend.  According to Trulia, single-family homes for sale in Oakland list at about $513,000 and have had an 86.4% sale price increase since 2009.  Within the past year alone, the median sale price in Oakland has increased 22.4% (or approximately $75,000), according to Trulia.

If you’d like to make your own luck this year, give us a call at 510-847-2409 for more information on great neighborhoods to buy a home in the East Bay and see what new beginnings lie ahead of you.

Barbara Reynolds, your East Bay real estate specialist

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Comment balloon 0 commentsBarbara Reynolds • February 07 2014 07:51AM