You are on page 1of 1

Green Zone

Green Zones are zones of high value and are not fully developed. In nearly all instances they are the new well planned sections of the city, and almost synonymous with the zones mortgage lenders with available funds were willing to make maximum loans to be amortized over at 10-15 year period, perhaps up to 75-80% of the appraisal. They are homogenous; in demand as residential locations in good time or bad; hence on the upgrade. Detrimental Influences: Distance to local and San Francisco transportation and shopping centers

Favorable Influences: Characterized by steep slopes and rolling hills, which lend themselves to view home locations and landscapes. Mansions set on large, park-like, tree and shrub covered homesites. Zone to single-family residences. Restricted to Caucasians. One of the best residential districts of the East Bay Area.

Inhabitants: Type: professional and business executives Ethnicity: no concentration Estimated annual family income: $550,000 Structures: Average Age: new to 25 years Repair: Very good Sales Values: $7,500-30,000 Investment: Home Owners: %95 Sales Demand/Activity: Good Rent Demand/ Activity: Fair/ Little Availability of Mortgage: Home Purchasing: Ample Home Building: Ample Date: 1937 Source: T-RACES

You might also like