Monday, September 24, 2012

Buying Now Cheaper Than Renting-Study Shows

FOR SALE: 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 included assisted living. Email me for more details or to arrange a private showing.

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

939 Jackson St #302 in San Francisco $905,000 – Won the bid in a multiple offer situation!
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


  • 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.

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.

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.

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 ( 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