Monday, October 14, 2013

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


·        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.

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.

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.


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: (650) 352-5322
Direct: (415) 236-3826