Wednesday, December 19, 2012

Foreclosures Down Across Bay Area

PRICE DROP! 107 S 19th 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.

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


  • 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.

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.

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