Friday, June 15, 2012

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 19th 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.

570 4th 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.

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Eligible California homeowners can access up to $25,000 for energy-saving projects like insulation, heating and cooling systems, and solar panels. Visit for more information.

* Mortgage rates were collected from publicly available sources ( 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