Foreclosures Down Across Bay Area

PRICE DROP! 107 S 19^th St in San Jose now reduced by $100,000 to $999,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities included assisted living. Email me for more details or to arrange a private showing.
    

SOLD: 21 Valley Oak St in Portola Valley for $2,300,000 – Interested in knowing how I saved my buyer $190,000 off the asking price? Email me and I’ll share the strategies.

INTERESTING READ: Bay Area foreclosures down in November as banks cancel auctions
Banks auctioned off fewer foreclosed Bay Area homes in November as the holiday season began, a foreclosure tracking company reported Tuesday. The decline, which followed an increase in October, comes as five major banks turn from foreclosing on those behind on their mortgages to…

RECENT EXPERIENCES:

• 4 out of every 5 homes that I've seen on the market have received multiple offers.
• Counseled a past client who was pondering selling versus renting.
• Helped a referred buyer identify school district boundaries to aid in their search.

THINGS I CAN HELP WITH:
Know someone considering upgrading their home or investment property? Let me help by guiding them through a comprehensive market analysis and pre-market consultation. I will make suggestions that pay my commission. Fill out this form telling me a bit about the property in question and I can get to work on it immediately. You are less likely to invest money where it won’t give you a good return when you sell! Start now or forward to your family, friend or co-worker who lives in the area that I know best.

My buyers WIN in multiple offer situations! Be a hero and forward this email to your friends who are struggling to get their offers accepted in this ultra-competitive market.

FORECAST: Inventory levels are at a 5 year low. The holidays will cast its normal slowdown in sales, and I predict the first quarter of 2013 will be a very strong seller’s market followed by a possible cooling off period if interest rates rise.

RECAP:
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing. 

For Comparison: Sales in the cities west of highway 880 are slowing down slightly. 

SNAPSHOT:

The table represents aggregated values based on MLS data for the specified date.
As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Real Estate Has Officially Bottomed Out

$100K PRICE DROP! 107 S 19^th St in San Jose $999,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities included assisted living. Email me for more details or to arrange a private showing.
    

In Contract: 4974 Bel Canto Dr, San Jose $815,000 – Wasn’t the highest offer!

INTERESTING READ: September home prices jump as Bay Area housing market shows strength
Single-family home prices continued to jump in the Bay Area in September, with the numbers suggesting the "move-up" buyer is back, the latest sign of the market's strength. The region saw double-digit price…

MUST READ #2: First-time homebuyers shut out in California
The number of homes for sale in the state has declined 40% to 50% since last year, particularly in lower price ranges. Nationwide, most cities have fewer homes for sale. We’ve written several times about how surprised would-be homebuyers are when they set out expecting to find a great deal on a house and then realize how hard it is to find any houses for sale at all, especially in the…

RECENT EXPERIENCES:

• Every property had a minimum of 3 offers, the most was over 20 offers.
• Got an offer accepted in a multiple offer situation that was not the highest price.
• Navigated some tricky financing for a buyer to ensure my seller sold their home.

THINGS I CAN HELP WITH:
Know someone moving to Silicon Valley? Let me make some neighborhood choices! I know it is hard to concentrate on just a couple neighborhoods, but I can help!! Fill out this form telling me what you need, want and wish and I will give you the names of the neighborhoods or areas that fit best for you so your search parameters are smaller, and easier to research. You are less likely to miss your perfect home! Start now or forward to your family, friend or co-worker moving into the area that I know best.

To get the most current price on your home just call me directly or visit my website and click on the “Free Analysis” button.

If you are at all considering selling property in the next 24 months talk to me about your goals.  I will make suggestions that pay my commission.

My buyers WIN in multiple offer situations! Be a hero and forward this email to your friends who are struggling to get their offers accepted.

FORECAST: There are 2-3 times the number of buyers than sellers, so finding a buyer for your well-priced home is easier today than it has been for the past 3 years! It’s also a great time get into your first property or move up to a larger property. People’s sentiments about the economy are improving, so the trend will likely continue, but there is no way to know for how long.

RECAP:
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are slowing down slightly.

SNAPSHOT:

The table represents aggregated values based on MLS data for the specified date.
As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Buying Now Cheaper Than Renting-Study Shows

FOR SALE: 107 S 19^th St in San Jose $1,099,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities included assisted living. Email me for more details or to arrange a private showing.
    

In Contract: 20833 Dunbar Dr in Cupertino $1,110,000

SOLD: 939 Jackson St #302 in San Francisco $905,000 – Won the bid in a multiple offer situation!
SOLD: 795 Tehama Dr in South Lake Tahoe $555,000 – Bank Owned Property

INTERESTING READ: Buying Beats Renting in ALL 100 Largest U.S. Metros
Despite recent price increases in many markets, it's now cheaper to own a home than rent in all 100 of the largest U.S. metro areas, thanks to climbing rents and low mortgage rates and tax breaks for homeowners, according to a rent-vs.-buy report released today by real estate search site Trulia. Homeownership is most affordable in (To read this article click here)

RECENT EXPERIENCES:

• Every property I wrote an offer on had multiple offers.
• Helped an investor buyer buy a condo and obtain a tenant for the property.
• Navigated some tricky financing for a buyer to ensure my seller sold their home.

THINGS I CAN HELP WITH:
Know someone moving to Silicon Valley? Let me make some neighborhood choices! I know it is hard to concentrate on just a couple neighborhoods, but I can help!! Fill out this form telling me what you need, want and wish and I will give you the names of the neighborhoods or areas that fit best for you so your search parameters are smaller, and easier to research. You are less likely to miss your perfect home! Start now or forward to your family, friend or co-worker moving into the area that I know best.

To get the most current price on your home just call me directly or visit my website and click on the “Free Analysis” button.

If you are at all considering selling property in the next 24 months talk to me about your goals.  I will make suggestions that pay my commission.

My buyers WIN in multiple offer situations! Be a hero and forward this email to your friends who are struggling to get their offers accepted.

FORECAST: Employment is surging in the area, so I suspect the home buying to continue for the time being. Prices have started to slow down since school began, but there are still multiple offers for well-priced properties. Now would be a great time get into your first property or move up to a larger property. Interest rates have actually dipped since the last time I updated you, and I’m not certain they will rise anytime soon.

RECAP:
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are slowing down slightly.

SNAPSHOT:

The table represents aggregated values based on MLS data for the specified date.
As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Capital Gains Tax on Property Sales May Double in 2013

FOR SALE: 107 S 19^th St in San Jose $1,099,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities included assisted living. Email me for more details or to arrange a private showing.
    

SECRET PROPERTY **Coming Soon: Shad Ct in Foster City $1,100,000 – Fully remodeled 4 bedroom 2 bath 1,900 SF home set on an oversized private lot (6138 sq.ft)in quiet cul-de-sac. It is a light, bright home facing a big backyard with A/C, and just a few steps to Chad Park. Close to schools, shopping and transportation. Call me or email me to arrange a private showing before this property hits the MLS!
 

In Contract: 20833 Dunbar Dr in Cupertino $1,110,000

SOLD: 939 Jackson St #302 in San Francisco $905,000 – Won the bid in a multiple offer situation!
SOLD: 795 Tehama Dr in South Lake Tahoe $555,000 – Bank Owned Property

Must Read Regarding Capital Gains taxes on Real Estate:
If you have property that you are thinking about selling in 2013 this article may cause you to change your mind.  If Obama becomes elected your capital gains rate may increase beginning in January causing the taxes you pay on the sale of a property to nearly DOUBLE. (Click HERE to read this article)

IN THE TRENCHES: Nathan’s Recent Experiences

• Written numerous offers on properties in San Jose below $750,000 and everything had multiple offers.
• Counseled sellers in San Jose, Foster City, and Los Altos about market timing and preparation.
• Negotiated several complicated purchases all the way through to closing.

Short sales are becoming a thing of the past. I’ll update you on the price on your home. Just call me directly.

If you are a seller in the next 24 months let me meet you, understand your goals and see the property.  I will make suggestions that pay for my commission.

My buyers WIN in multiple offer situations! Be a hero and forward this email to your friends who are struggling to get their offers accepted.

NATHAN’S TAKE: Normally this time of the year things should be slowing down, but we haven’t seen the dramatic slow-down yet. This could be an indication that inventory levels by the end of the year we may be at record lows. Interest rates will probably not change too much, until after the election, but I bet they will rise soon after. Tax rates could be changing which could have a large impact on supply and prices, but we will need to wait and see.

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are slowing down slightly.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Real Estate's Stifled Recovery

FOR SALE: 107 S 19^th St in San Jose $1,099,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities. Email me for more details or to arrange a private showing.
    

IN ESCROW:

·         939 Jackson St in San Francisco $905,000

·         795 Tehama Dr in South Lake Tahoe $529,000

IN THE TRENCHES: Nathan’s Recent Experiences

·         Won a multiple offer situation in San Francisco, and still paid under the asking price.

·         Helped a client purchase a home at auction in South Lake Tahoe.

·         Written multiple offers for properties in the below $400,000 range.

·         Counseled sellers in Sunnyvale, Los Altos and Burlingame regarding what it would take to get top dollar for their home.

Prices in 2012 for homes below $1M have risen roughly 10%.  If you would like to know the latest price on your home CALL ME or send me an email.

Improperly prepared properties don’t get the attention they deserve. I can show you how to get more than you expect for the sale of your home…FASTER.

Buyers who follow my advice are getting offer acceptance! Be a hero and forward this email to your friends who are struggling to get their offers accepted.

NATHAN’S TAKE: The housing market has definitely slowed down from April/May. We are seeing much less desperation on behalf of buyers, so if you are considering selling now may be a better time than later in the year. The European crisis and recent downgrade in earnings expectations of local tech companies has stifled the recovery.  If you wanted to make a move this year, now may be the best time. All of this hinges on interest rates staying put, but if they don’t we will see a more dramatic slowdown. As a buyer, low interest rates are key to bringing payments down. Contact me and we can pencil out some scenarios that might work for your situation.

Market Recap
East of highway 880 is starting to see the seasonal drop in activity.

For Comparison: West of highway 880 is slowing down as well.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

Energy Upgrade California!
Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit https://energyupgradeca.org/overview for more information.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

Applying Cutting Edge Systems and Strategies to Find the RIGHT Buyer or Seller in ANY Market.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Who could have predicted this?

FOR SALE: 117 Pinon Dr in Portola Valley $2,195,000 ***JUST REDUCED $150,000*** Email me to arrange a private showing of this exquisite property!


FOR SALE & Open House: 107 S 19^th St in San Jose $1,099,000. This home is an impressive 4,400 SF property built with multiple families in mind. It sits on a 17,000+ SF lot and has 9 bedrooms, 6 bathrooms, and 2 kitchens! Ideal for extended families, combination live/work arrangements, or numerous rental income opportunities. Email me for more details or to arrange a private showing. Held open this Saturday from 1:00 to 4:00.
    

SOLD: 570 4^th Avenue, Redwood City $515,000 – Won the bid in a multiple offer situation!

IN THE TRENCHES: Nathan’s Recent Experiences

·         Facebook’s IPO didn’t serve up the buyers we expected. Real Estate activity since the IPO has fallen dramatically.

·         Counseled sellers in San Jose, Willow Glen and Portola Valley about preparing their home for market.

·         Written numerous offers on properties in San Francisco.

Prices have risen since the end of last year, so if you thought you were going to be in a short sale situation, you might not be….get the latest price on your home by calling me directly.

Properties are still sitting on the market for long periods if they aren’t well prepared. I can show you how to get more than you expect for the sale of your home…FASTER.

Buyers who follow my advice are getting the properties of their dreams! Be a hero and forward this email to your friends who are struggling to get their offers accepted.

NATHAN’S TAKE: The housing market has again shifted in the blink of an eye. We are seeing fewer multiple offers than last month but there is still enough buyers out there if you need to make a sale happen. The decline of the stock market and loss of Facebook steam has definitely had its impact on the housing economy. I’m hoping that the Euro debacle doesn’t drag down our economy any further in the coming months than it has already.

If interest rates rise, even just a little, purchasing power will drop and that will surely impact prices. Now is a fantastic time to start considering your next move whether you are a buyer, seller, or both.

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are slowing down slightly.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

Energy Upgrade California!
Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit https://energyupgradeca.org/overview for more information.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

I provide guidance and build confidence in people, enabling them to reach their full potential and turn their dreams into reality.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Time to make that move!

FOR SALE: 117 Pinon Dr in Portola Valley $2,349,000
 

IN ESCROW: 570 4^th Avenue, Redwood City $515,000

IN THE TRENCHES: Nathan’s Recent Experiences

·         11 groups came through my open house on 117 Pinon Dr in Portola Valley.

·         Competed for a home with 11 offers and another on a home with 9 offers.

·         Counseled sellers in Sunnyvale and Woodside on what it would take to prepare their home for a successful sale.

·         Won the bid on a multiple offer situation for clients in Redwood City and then the property appraised $5K over sales price!

The housing market has drastically changed in the past 6 months. We are seeing many multiple offer situations, and inventory levels are so low that the shortage is actually causing a decline in sales as there aren’t enough properties to keep up with demand.

If you thought you were a short sale seller, you might not be….get the latest price on your home by calling me directly.

If you allow me to make a few suggestions while you are considering a sale of your property, I will show you how to get more than you expect…FASTER.

My buyers are achieving their dreams!

This increase in activity may not last very long. If interest rates rise, even just a little, purchasing power will drop and that will surely impact prices. Now is a fantastic time to start considering your next move whether you are a buyer, seller, or both.

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are becoming stronger.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

Energy Upgrade California!
Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit https://energyupgradeca.org/overview for more information.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

I provide guidance and build confidence in people, enabling them to reach their full potential and turn their dreams into reality.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Short Supply of Homes in Silicon Valley

FOR SALE: 117 Pinon Dr in Portola Valley $2,449,000
 

FOR SALE/RENT: 702 El Granada Blvd in El Granada $899,000. For rent @ 3850/mo.
  
IN ESCROW:
17791 Via Valencia in San Lorenzo $271,000
369 Wayside Rd in Portola Valley $2,475,000

SOLD:
147 Pinon Dr in Portola Valley $2,495,000 (within 3 days of being on the market)

IN THE TRENCHES: Nathan’s Recent Experiences

·         Wrote an offer for a tri-plex in Oakland, asking 500K, sold with 10+ offers above 600K.

·         Wrote an offer for a property Belmont, asking 925K, sold with 6 offers above 1M.

·         Discussed with my financial advisor the benefits to holding property in an LLC for tax benefits.

STEPS YOU CAN TAKE TO BECOME MORE REAL ESTATE SAVVY:
1. Buy properties with your Self Directed Real Estate IRA.
2. Learn about the benefits of a pre-listing consultation.
3. Make sure your dream house is really out there before you put your home on the market.

Buyers compete for short supply of homes in Bay Area
In case you missed the Mercury News article dated 3/24/2012, here it is!
Peter is smack in the middle of a major shift in the Bay Area housing market. The Peninsula real estate agent recently had a modest Palo Alto ranch-style home draw 38 offers and sell in eight days for nearly a half-million dollars more than the asking price, all par for the course in Palo Alto's overheated real estate market. "We started at $1.2 million and ended up selling for ...

Distressed homeowners may lose hefty tax break tied to mortgage modifications
Given the huge public and private resources being devoted to helping financially distressed homeowners — including the recently announced $25 billion national mortgage settlement with five major banks — you might assume that a key federal tax-law benefit underpinning these efforts would be a shoo-in for renewal. But it’s not. The Mortgage Forgiveness Debt Relief Act is set to expire in …

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are becoming stronger.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

Energy Upgrade California!
Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit https://energyupgradeca.org/overview for more information.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

I provide guidance and build confidence in people, enabling them to reach their full potential and turn their dreams into reality.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com

Warren Says "Now's the time"

FOR SALE: 117 Pinon Dr in Portola Valley $2,449,000

IN ESCROW: 17791 Via Valencia in San Lorenzo $268,000

COMING SOON: 702 El Granada Blvd in El Granada $899,000. Should be on the MLS by the end of the week. 2,440 SF 3 bedroom 2.5 bath with great views of the ocean and coast set in a unique European architectural design. CONTACT ME if you want to arrange a private showing before this home debuts!
  

IN THE TRENCHES: Nathan’s Recent Experiences

·         13 groups came through my open house on 117 Pinon Dr in Portola Valley.

·         Wrote an offer for a property in Portola Valley over $2M, which was not accepted by the seller.

·         Counseled multiple first and second time home buyers regarding different buying opportunities.

The Best Way to Bet Against the Dollar, Richest Man Explains
In a rare television appearance yesterday, the one-time world's richest man explained a unique and simple way Americans can bet against the dollar... He called it "as attractive an investment as you can make." And yet you don't need a brokerage account or any real prior investing experience to take advantage of this opportunity. Warren Buffett built his $50 billion fortune simply from his investment ideas... mostly through buying great companies in the stock market, like Coca-Cola, Procter & Gamble, and most recently IBM. So I was surprised by the answer he gave on CNBC when asked whether he'd recommend people buy stocks or houses right now... “If I knew where I was going to live for the next five years or 10 years, I'd buy ...

Bay Area home remodeling picks up as economy mends
In another sign of an improving economy, residential remodeling is picking up in the Bay Area after several lean years, helped along by homeowners who are deciding to fix up places they can't sell because of the housing crunch."There is an awakening," said Rick Evans of Bauman Builders in San Jose. Last year "was like a switch that flipped." Fueling the upward trend is growing confidence in job stability and a booming tech stock market that helps pay for new kitchens, bathrooms and landscaping. Few homeowners are borrowing for the work, builders say. "It's all cash, nobody's borrowing …

Market Recap
The chart below shows that cities east of highway 880 are still experiencing a very high demand for housing.

For Comparison: Sales in the cities west of highway 880 are becoming stronger.

Market Snapshot

The table represents aggregated values based on MLS data for the specified date.

As always I welcome referrals from friends, co-workers or family members looking to buy a piece of property.  I am also happy to provide unbiased sound advice at any time. You can rely on my integrity and follow-through.

Energy Upgrade California!
Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit https://energyupgradeca.org/overview for more information.

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

I provide guidance and build confidence in people, enabling them to reach their full potential and turn their dreams into reality.

Warm regards,
Nathan Nahouraii
Direct: (408) 404-6444
Direct: (415) 236-3826
Direct: (650) 352-5322
nathan@nathanproperties.com
www.nathanproperties.com