Real Estate Holiday Season

MUST READ: High home prices shut out buyers
MLSListings Inc., which serves the five counties of San Mateo, Santa Clara, San Benito, Santa Cruz and Monterey, reports the increase in home sales in the month of October was most evident in San Mateo and San Benito counties, where sales rose 28 percent and 29… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)

RECENT EXPERIENCES:

• Consulted with a client the benefits of selling vs renting.
• Helped a buyer determine fair market value of multiple properties prior to writing offers.

THINGS I CAN HELP WITH:
Looking for a home in a specific school district? My website can do that for you.
Looking for a home with an “open floorplan” or “big backyard”? My website can do that too. Email me for these CUSTOM services.

Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: This time of year can actually be a fantastic sweet spot for sellers who are considering listing their home. Holiday buyers are serious and motivated. Consumer confidence is higher than at any other time of year. Relocating families tend to have more time and reason to shop for a new home over the holidays. However, the most compelling reason the holidays are a good time to list your home is the simple fact that there are fewer homes on the market at this time of year, which means less competition. Contact me and we can discuss your specific situation.

RECAP:
Things appear to be back on track for the areas east of highway 880. The holiday season hasn’t stifled demand as of yet.

For Comparison: Demand hasn’t been as strong for properties located WEST of 880. We are finding that different neighborhoods are experiencing a slowdown while others are still in very high demand. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.

SNAPSHOT:

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

If the table above does not appear, you can click here to view it over the web.

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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com

Gov Shutdown Impacts Home Sales

Secret Property: I have a 3 bed 2 bath plus bonus room single family home coming on the market near the intersection of Blossom Hill and Snell in San Jose. Will be coming on the market this week, and will be priced at $599,000. If you are interested CALL ME. The seller is highly motivated and the home will be move in ready.


Just Closed: 921 Barbara Ave in Mountain View $1,305,000. Won the bid against 9 other bidders but wasn’t the highest price!
603 Easton Dr in San Jose $349,000. 35 Offers! Sold to my buyer for OVER $430K!
1446 Arundel Ct in Lodi $415,000. Won the bid and then brought the price down $10K!

MUST READ: Shutdown derailing mortgage lending
The government shutdown could derail Cristina Bravo Olmo and Brett McBee-Wise from buying their dream house, a 99-year-old Craftsman in Rockridge. Before the sale can close, Bravo Olmo must finalize the sale of her one-bedroom condo in San Francisco's Hayes Valley to a buyer who offered a bit more than the $699,000… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)

RECENT EXPERIENCES:

·        Helped manage a large remodel for a client preparing their home for sale.

·        Worked with a buyer to identify the “Must Have’s” in a property prior to looking for a new home.

THINGS I CAN HELP WITH:
In case you didn’t see from my last email, finding a home might have just gotten easier. Use this link to search for properties with keywords like “open floorplan” or “big backyard”.

Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: If you had wanted to sell before the end of the year, the time to start working on that is now! Going on the market during the holidays can have its advantages and disadvantages, so we should discuss your goals and see what makes the most amount of sense. Buyers should take this opportunity to make a move while you have less buyer competition. Contact me and we can discuss your specific situation.

RECAP:
The uncertainty of our government shutdown hasn’t had as large of an impact in the areas east of highway 880. Since July things have picked back up, although we should start seeing things slow down as we get closer to the holidays.

For Comparison: Demand has definitely slowed down for properties located WEST of 880. We are finding that different neighborhoods are experiencing a slowdown while others are still in very high demand. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.

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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com

Mortgage Rates Hit 2 Year High

Secret Property: I have a 3 bed 2 bath plus bonus room single family home coming on the market near the intersection of Blossom Hill and Snell in San Jose. Will be coming on the market in mid-October, and the price will be around $600,000. If you are interested CALL ME. The seller is highly motivated and the home will be move in ready.


Just Sold: 921 Barbara Ave in Mountain View $1,305,000. Won the bid against 9 other bidders but wasn’t the highest price!
603 Easton Dr in San Jose $349,000. 35 Offers! Sold to my buyer for OVER $430K!
1446 Arundel Ct in Lodi $415,000. Won the bid and then brought the price down $10K!

Just Closed:
450 Halsey Ave in San Jose $755,000. Won the bid but not the highest price!
835 Bing Dr #29 in Santa Clara $271,500. Sold UNDER asking!
7350 Crawford Dr in Gilroy $535,000. 1^st offer I wrote for my clients!
*My Listing* 425 Costa Mesa Terrace #E in Sunnyvale $320,000 sold for $380,000. SOLD $60,000 Above!

MUST READ: Mortgage rates hit two-year high
The average weekly rate for a 30-year fixed-rate mortgage jumped to a two-year high, Freddie Mac said on Thursday. The rate is now 4.58%, up from… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)

RECENT EXPERIENCES:

• Negotiated a discount of $10,000 on a sales price when an appraisal came in low.
• Put a road map together for a seller who needed to understand all of her options.
• Advised a seller on which improvements to make to maximize her return.

THINGS I CAN HELP WITH:
In case you didn’t see from my last email, finding a home might have just gotten easier. Use this link to search for properties with keywords like “open floorplan” or “big backyard”.

Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: Use this market to get your home sold if you think it may have a negative like a less than ideal floorplan or a large amount of car/train traffic. I can help get a buyer into your home so you can move up to a better property.

RECAP:
Interest rates are taking their toll. The chart below shows that cities east of highway 880 are beginning to slow down ever so slightly. It could be seasonal, although it is too early to know for sure.

For Comparison: For the 6^th month in a row new listings outpaced sales for properties located WEST of 880. We are finding that different neighborhoods are experiencing a slowdown while others are still in very high demand. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.

SNAPSHOT:

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

If the table above does not appear, you can click here to view it over the web.

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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com

State of the Housing Recovery

Secret Property: 603 Easton Dr in San Jose $349,000. 1,271 SF 3 bedroom 2 bath attached single family home on just under a 4,000 SF lot. NOT ON THE MLS YET - CONTACT ME if you want more information.
    

For Sale: 492 Minnesota Ave in Willow Glen $849,000. This home near downtown Willow Glen is NOT ON THE MLS but still for sale. It is a fully updated 3 bedroom 1,593 SF home with a 7,496 SF lot. - Contact me to see it.
    

Just Sold:
450 Halsey Ave in San Jose $755,000. Won the bid but not the highest price!
835 Bing Dr #29 in Santa Clara $271,500. Sold UNDER asking!
7350 Crawford Dr in Gilroy $535,000. 1^st offer I wrote for my clients!
*My Listing* 425 Costa Mesa Terrace #E in Sunnyvale $320,000 sold for $380,000. SOLD $60,000 Above!

Just Closed: 1264 Woodlawn Ave in West San Jose - $852,000. 1^st offer I wrote for my clients! Beat out 5 other offers and still came in below the highest offer!

MUST READ: Bay Area housing frenzy update
The Bay Area's frenzied housing market, marked by soaring prices, short supply and a scramble for homes, is showing signs of cooling. Some buyers, fearful of a new bubble or worried about higher interest rates, are putting their plans on hold, while new listings of homes for sale have been increasing since March, which should… 

RECENT EXPERIENCES:

• Navigated a tricky HOA issue to help increase the value of a condo by $50,000.
• Pushed to get my client’s contract accepted from a backup position.
• Provided advice to a family regarding either selling or renting.

THINGS I CAN HELP WITH:
In case you didn’t see from my last email, finding a home might have just gotten easier. Use this link to search for properties with keywords like “open floorplan” or “big backyard”.

Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: Use this market to get your home sold if you think it may have a negative like a less than ideal floorplan or a large amount of car/train traffic. I can help get a buyer into your home so you can move up to a better property.

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

For Comparison: For the 5^th month in a row new listings outpaced sales for properties located WEST of 880. The pace is reversing, so next month will be a very important indicator. Again, the change could possibly be seasonal, so we will need to wait a few more months to know for sure. It could also be the start of a leveling off period. CALL ME IF YOU FIND THIS CONCERNING.

SNAPSHOT:

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

If the table above does not appear, you can click here to view it over the web.

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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com

Distressed Sales: Virtually Non-Existent

For Sale: 492 Minnesota Ave in Willow Glen $849,000. This home near downtown Willow Glen is NOT ON THE MLS but still for sale. It is a fully updated 3 bedroom 1,593 SF home with a 7,496 SF lot. - Contact me to see it. Might be coming on in the next 60 days.
    

Secret Property: 425 Costa Mesa Terrace #E in Sunnyvale $320,000. 880 SF 2 bedroom 1 bath upstairs condo with inside laundry. NOT ON THE MLS YET - CONTACT ME if you want more information.
    

Just Sold: 1264 Woodlawn Ave in West San Jose - $852,000. 1^st offer I wrote for my clients! Beat out 5 other offers and still came in below the highest offer!

MUST READ: Distressed sales continue downward trend
Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five…

RECENT EXPERIENCES:

• Aided a seller in removing a pet odor prior to listing.
• Bid on a property described as a “contractor’s special” with 25+ offers.
• Discussed with a seller the benefits of selling within 36 months of converting to a rental.

THINGS I CAN HELP WITH:
In case you didn’t see from my last email, finding a home might have just gotten easier. Use this link to search for properties with keywords like “open floorplan” or “big backyard”.

Selling before buying can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: Use this market to get your home sold if you think it may have a negative like a less than ideal floorplan or a large amount of car/train traffic. I can help get a buyer into your home so you can move up to a better property.

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

For Comparison: For the 3^rd month in a row new listings outpaced sales for properties located WEST of 880, and this month it was by a fairly large margin. This change could possibly be seasonal, so we will need to wait until the June/July numbers come out to know for sure. It could also be the start of a leveling off period. CALL ME IF YOU FIND THIS CONCERNING.

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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com

2013 Housing Recovery Chart

For Sale: 492 Minnesota Ave in Willow Glen $849,000. This home near downtown Willow Glen is NOT ON THE MLS but still for sale. It is a fully updated 3 bedroom 1,593 SF home with a 7,496 SF lot. - Contact me to see it.
    

For Sale: 702 El Granada Blvd in El Granada $910,000. 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!
    

Just Sold: 1577 Duvall Dr, San Jose $875,000 – Won the bid over 12 other offers. Highest offer was $905,000!!!

Just Sold: 695 Mariposa Ave, Oakland $385,000 – Won the bid over 8 other offers. Highest offer was $415,000!!!

MUST READ: Bay Area housing recovery spreads to East Bay
The Bay Area's overheated housing market is restoring thousands of homes to their pre-crash peak values in a ZIP-code-by-ZIP-code recovery that is rapidly spreading from Silicon Valley to the East Bay. Thirty-four of 185 ZIP codes in five counties have… (To read this article please go here)

RECENT EXPERIENCES:

• Witnessed an open house that was too crowded to enter!
• Wrote an offer on a condo in San Jose with 23 offers.
• Provided advice to a seller regarding which repairs to make prior to listing.

THINGS I CAN HELP WITH:
Finding a home might have just gotten easier. Use this link to search for properties with keywords like “open floorplan” or “big backyard”.

Need to sell before you buy? That can be really tricky in a market like this, but you do have options. Let me help by first filling out this form so I can get started on pricing your current home, and then we can discuss options to prevent a double move, or worse, not being able to buy the replacement!

FORECAST: This market is perfect for selling properties that are a tough sell. If your home has a small negative feature, less than ideal floorplan or a large amount of car/train traffic, now is the time to get a buyer and move up to a better property.

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

For Comparison: For the 2^nd month in a row new listings outpaced sales. This could be only a temporary shift which is making up for so few homes on the market in December.

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

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US Housing Starts Are BACK!

For Sale: 492 Minnesota Ave in Willow Glen $849,000. This home near downtown Willow Glen is NOT ON THE MLS but for sale. It is a fully updated 3 bedroom 1,593 SF home with a 7,496 SF lot. - Contact me to see it.
    

For Sale: 702 El Granada Blvd in El Granada $910,000. Will be on the MLS April 3^rd. 2,440 SF 3 bedroom 2.5 bath with great views of the ocean and coast set in a unique European architectural design. Website should be fully updated within 24 hours. CONTACT ME if you want to arrange a private showing before this home debuts!
    

In Contract: 1577 Duvall Dr, San Jose $875,000 – Won the bid over 12 other offers. Highest offer was $30,000 over our offer!!!

Just Sold: 87 Hollywood Ave, San Jose $390,000 – Won the bid over 28 other offers. Highest offer was $22,000 over our offer!!!

MUST READ: US housing starts rise, permits at 4 ½-year high
U.S. builders started more houses and apartments in February and received building permits for future construction at the fastest pace in 4 ½ years. The increases point to a housing recovery that is gaining strength. The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of ...

RECENT EXPERIENCES:

<![if !supportLists]>·       <![endif]>Won a 13 offer bidding war and still came in $30,000 below the highest price!

<![if !supportLists]>·       <![endif]>Saw an $800,000 home sell for over $900,000.

<![if !supportLists]>·       <![endif]>Negotiated a buyer up to cover commissions for my seller.

THINGS I CAN HELP WITH:
Know someone who needs a bigger house? Let me help them through all the options of moving up in this fast market. Have them fill out this form and I’ll get started on pricing their current home. Once we know how much they will net from the sale we can then start targeting suitable replacement homes. Now is the time since the market is so lacking in good homes to buy!

To have me get started on finding your next home go here and tell me what you are looking for.

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.

FORECAST: This market is perfect for selling properties that are a tough sell. If your home has a small negative feature, less than ideal floorplan or a large amount of traffic, now is the time to get a buyer and move up to a better property.

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

For Comparison: For the first time in years new listings outpaced sales. This should be only a temporary shift which is making up for so few homes on the market in December.

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

More Homes Above Water

PRE-MLS Opportunity: 492 Minnesota Ave in Willow Glen $849,000. This home near downtown Willow Glen will be coming on the market on February 27^th. It is a fully updated 3 bedroom 1,593 SF home with a 7,496 SF lot. Website will be fully updated by next week. Contact me for a pre-mls opportunity to see it.
    

For Sale: 601 Matadero Ave in Palo Alto $1,299,000. This home near Stanford will be coming on the market on January 30^th. Pictures will be up on Tuesday of next week. It is a updated 4 bedroom 1,488 SF home with a 5,500 SF lot. Ideal for a family looking to live minutes from Stanford or Palo Alto. Contact me for a pre-mls opportunity to see it.
    
In Contract: 87 Hollywood Ave, San Jose $390,000 – Won the bid over 28 other offers. Highest offer was $22,000 over our offer!!!

Just Sold: 107 S 19^th St, San Jose $965,000 – Received 2 offers on this unique, tough to sell home!

MUST READ: Rising home values push more Bay Area homes above water, Zillow says
Rising prices pushed thousands of Bay Area homes back above water last year, according to a report released Wednesday, another sign that the region's housing crisis is easing as the economy recovers. The report, by the housing website Zillow, shows drops… (To read this article please visit http://www.mercurynews.com/business/ci_22632190/rising-home-values-push-more-bay-area-homes)

RECENT EXPERIENCES:

• Won a 28 offer bidding war and still came in $22,000 below the highest price!
• Saw a $730,000 home sell for over $900,000.
• Brought in some creative financing to overcome a low appraisal.

THINGS I CAN HELP WITH:
Know someone who needs a bigger house? Let me help them through all the options of moving up in this fast market. Have them fill out this form and I’ll get started on pricing their current home. Once we know how much they will net from the sale we can then start targeting suitable replacement homes. Now is the time since the market is so lacking in good homes to buy!

To have me get started on finding your next home go here and tell me what you are looking for.

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.

FORECAST: There are 4 times the number of buyers than sellers. Each home I wrote an offer on had an average of 22 offers. Finding a qualified buyer for your well-priced home is easier today than it has been for the past 3 years! It’s also a great time move up to a larger property. Economy is on the mend, and prices are predicted to rise through 2014.

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