Saturday, January 26, 2013

Home Supply Near Record Lows

Secret Property Alert! 601 Matadero Ave in Palo Alto $1,299,000. This home near Stanford will be coming on the market on January 30th. 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: 107 S 19th St, San Jose $965,000 – Received 2 offers on this unique, tough to sell home!

Just Sold: 4046 26th St, San Francisco (Noe Valley) $1,261,500 – Won the bid over 3 other offers and then got a $38,500 price reduction!

INTERESTING READ: Housing market's for-sale inventory has shrunk
Homebuyers are back. But they're not finding many for-sale houses to choose from. This dearth of houses isn't imaginary. In fact, the pool of properties actually has shrunk in housing markets across the nation. Only 2.32 million (Click here for more)

MUST READ #2: 2012 Home Sales up Over 2011
An estimated 39,760 new and resale houses and condos sold statewide last month, up 6.1 percent from 37,481 in November, and up 5.4 percent from 37,734 sales in (Click here for more)


  • My clients are writing only 2 offers a piece before they get 1 accepted!
  • Got an offer accepted in a multiple offer situation and then negotiated a credit of close to $40,000.
  • Helped a seller secure a backup offer in the event the first offer couldn't close.

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 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.

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