Friday, February 22, 2013

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 27th. 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 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: 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 19th 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