Monday, March 25, 2013

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 3rd. 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 ...


<![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.

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.

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.


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