IN ESCROW: 5 Caspian Ct in Gilroy $604,900 – Brand new development, and got it for $5,000 off list!
SOLD: 27043 Tyrrell Ave in Hayward $930,000 – 4-plex – and beat out 3 other offers and wasn’t the highest price!
BAY AREA MUST READ: What’s California real estate going to do in 2016?
California’s housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the improvement, according to a report released Thursday by the California Association of Realtors. According to CAR's 2016 California Housing Market Forecast, existing home sales are expected to rise in 2016 by 6.3% over… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
Second Article: Proposal to phase out fireplaces in Bay Area is dropped
Scorching public opposition has sunk a proposal to phase out old-fashioned wood-burning fireplaces in Bay Area homes. The rule proposed earlier this year by the Bay Area Air Quality Management District would have barred homes from being sold or rented in nine Bay Area counties unless open-hearth fireplaces were replaced or retrofitted with cleaner wood-burning devices, or gas- or electric-fueled ones. To comply, homeowners also could have sealed off their fireplaces… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
THINGS I CAN HELP WITH:
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: Inventory starts falling in fall, so finding properties to purchase will become tougher through till the end of the year. Sellers could stand to make a lot of money as there are fewer homes for buyers to pick from.
RECAP: Santa Clara County
Demand for housing in Santa Clara County is continuing to be very strong. Buying opportunities will remain limited until more people bring their home to the market. If the graph below does not appear, click here to view it.
SOLD: 27043 Tyrrell Ave in Hayward $930,000 – 4-plex – and beat out 3 other offers and wasn’t the highest price!
BAY AREA MUST READ: What’s California real estate going to do in 2016?
California’s housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the improvement, according to a report released Thursday by the California Association of Realtors. According to CAR's 2016 California Housing Market Forecast, existing home sales are expected to rise in 2016 by 6.3% over… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
Second Article: Proposal to phase out fireplaces in Bay Area is dropped
Scorching public opposition has sunk a proposal to phase out old-fashioned wood-burning fireplaces in Bay Area homes. The rule proposed earlier this year by the Bay Area Air Quality Management District would have barred homes from being sold or rented in nine Bay Area counties unless open-hearth fireplaces were replaced or retrofitted with cleaner wood-burning devices, or gas- or electric-fueled ones. To comply, homeowners also could have sealed off their fireplaces… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
- Provided a price analysis for a duplex in Oakland.
- Helped a buyer negotiate a $3,000 credit towards closing costs.
- Gave a seller advice on maximizing returns from upgrades.
THINGS I CAN HELP WITH:
- Considering selling in the next 18 months? Let me know and I can give you advice and strategies to obtain top market value.
- 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: Inventory starts falling in fall, so finding properties to purchase will become tougher through till the end of the year. Sellers could stand to make a lot of money as there are fewer homes for buyers to pick from.
RECAP: Santa Clara County
Demand for housing in Santa Clara County is continuing to be very strong. Buying opportunities will remain limited until more people bring their home to the market. If the graph below does not appear, click here to view it.
RECAP: San Mateo County
San Mateo County sales are staying strong. I think the trend for the coming months will be consistent with the previous 6 months. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click here to view it.
San Mateo County sales are staying strong. I think the trend for the coming months will be consistent with the previous 6 months. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click here to view it.
September
|
Average List Price
|
30 Days Trend
|
Median List Price
|
30 Days Trend
|
Average DOM: active/sold
|
30 Days Trend
|
Number of Listings
|
Alameda County, CA
| |||||||
Single Family under $1M
|
$649,942
|
2.15%
|
$649,950
|
0.15%
|
34
|
-1
|
935
|
Single Family over $1M
|
$1,790,972
|
-2.66%
|
$1,549,800
|
1.37%
|
69
|
-6
|
314
|
Condo/Townhome under $600K
|
$436,674
|
0.14%
|
$449,000
|
0.00%
|
34
|
-2
|
269
|
Condo/Townhome over $600K
|
$752,682
|
1.87%
|
$734,900
|
4.99%
|
29
|
2
|
92
|
San Mateo County, CA
| |||||||
Single Family under $1M
|
$802,097
|
0.01%
|
$799,000
|
0.00%
|
34 / 11
|
-2 / -10
|
133
|
Single Family over $1M
|
$3,762,860
|
-9.92%
|
$1,995,000
|
-12.84%
|
67 / 16
|
-10 / 0
|
324
|
Condo/Townhome under $600K
|
$454,989
|
-5.68%
|
$449,000
|
-9.11%
|
34 / 9
|
5 / -5
|
31
|
Condo/Townhome over $600K
|
$1,018,688
|
-8.36%
|
$898,000
|
8.32%
|
23 / 33
|
-17 / 18
|
79
|
Santa Clara County, CA
| |||||||
Single Family under $1M
|
$765,873
|
1.82%
|
$769,999
|
2.67%
|
39 / 21
|
-1 / -2
|
650
|
Single Family over $1M
|
$2,505,274
|
-0.14%
|
$1,795,000
|
2.57%
|
62 / 9
|
-5 / -14
|
683
|
Condo/Townhome under $600K
|
$461,758
|
-0.94%
|
$469,888
|
-0.66%
|
29 / 21
|
0 / 5
|
133
|
Condo/Townhome over $600K
|
$889,268
|
0.98%
|
$799,999
|
0.25%
|
25 / 16
|
1 / 3
|
188
|
San Francisco County, CA
| |||||||
Single Family over $575K
|
$2,158,000
|
17.66%
|
$1,250,000
|
13.64%
|
38
|
-7
|
254
|
Condo/Townhome over $340K
|
$1,415,838
|
-7.23%
|
$1,095,000
|
0.00%
|
41
|
-10
|
384
|
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: (650) 352-5322
Direct: (415) 236-3826
nathan@nathanproperties.com
www.nathanproperties.com
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
