Tuesday, December 23, 2014

Shortage of Homes for Buyers

FOR SALE: 16-18 Hoffman Ave in San Francisco $1,949,000 – Nicely upgraded duplex in a fantastic part of Noe Valley. Both units are vacant and there is a bonus room with a bath and kitchen on the ground floor, perfect for in-laws or extra income. Upper unit has a great view of the Bay and city lights. On the market now, CALL ME to arrange a private viewing.
  

FOR SALE:
19820 Graystone Ln in San Jose $1,100,000 – Build your own custom dream home at the top of Graystone Ln with spectacular views of Almaden Valley. A serene and private 1+ acres lot nestled on top of the hill awaits your design. Top rated/Blue ribbon Almaden Schools, Graystone, Bret Harte and Leland. Recent conceptual plans for development are available. Ample room for a pool and all other fun backyard amenities. CALL ME to arrange a private viewing.
  

In Escrow:
1922 13th Ave in Oakland $688,000 – Beat out 6 other offers!
In Escrow: 300 3rd St in San Francisco $1,325,000 – Sold $75,000 under asking!

Sold:
83 Lester Ave in San Jose $825,000 - Received multiple offers and sold over asking!


MUST READ: November home sales are down but demand is not
A booming economy has minted crowds of would-be homebuyers, drawn by low interest rates and pushed by rising rents, but the latest home sales report shows they're stuck once again in a competitive market marked by bidding wars and all-cash buyers, pushing prices ever …
(To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)

RECENT EXPERIENCES:

  • Helped a buyer win a multiple offer situation with 6 competing offers, some all cash.
  • Explained how a Tenant in Common purchase could turn into a very profitable long term investment.
  • Gave a seller advice on market timing around the holidays.


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: The next few months will be challenging for buyers as many sellers are going to take their home off the market for the holidays. If you have a unique property to sell now may be the best time for it to come onto the market. As a buyer I would be concerned about being priced out of these markets if you don’t get into something soon. If you are thinking about making a move call me so we can discuss your specific situation.

RECAP: Santa Clara County
New listings will continue to fall, as they did last year, until we get into 2015. If the graph below does not appear, click here to view it.

RECAP: San Mateo County
San Mateo County inventory finally started falling for the holiday season. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click
here to view it.


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