SECRET PROPERTY ALERT: 3 bedroom 2.5 bath 1,400SF townhouse in Mountain View, under 20 minute walk to Castro. Not on the market yet. Will be priced around $850,000. Going live on the MLS in late December. Email me for a pre-MLS showing opportunity. (Share this opportunity with friends and make their day!)
IN ESCROW: 5 Caspian Ct in Gilroy $604,900 – Brand new development, and got it for $5,000 off list!
BAY AREA MUST READ: November Existing Home Sales Remain Flat According To Auction.com Residential Real Estate Nowcast
Auction.com, LLC, the nation's leading online real estate marketplace, has released its latest Auction.com Residential Real Estate Nowcast which projects that existing home sales for the month of November will fall between seasonally adjusted annual rates of 5.19 and 5.54 million annual sales, up 8.4 percent year-over-year. "People looking to buy a home today face dual constraints - extraordinarily low inventory and extremely tight credit," said Auction.com Executive Vice President Rick Sharga. "But demand may be weakening as well… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
Second Article: Bay Area grappling with poverty, housing costs per new Census Data
As the Bay Area recovered from the Great Recession, household incomes increased but so did poverty rates and the cost of housing, according to new data released Wednesday by the U.S. Census Bureau. In Santa Clara County, where the tech boom produced tens of thousands of new jobs as the Golden State's economy rose from the dead, median household income rose 9.7… (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 levels will continue to drop until mid-January. Multiple offers and high sales prices will be inevitable.
RECAP: Santa Clara County
Things are continuing to look really miserable for buyers. If you notice in the graph below the red line (number of sales) has SURPASSED the yellow (new listings). Not enough homes are coming on the market. Prices will rise until this trend reverses. If the graph below does not appear, click here to view it.
IN ESCROW: 5 Caspian Ct in Gilroy $604,900 – Brand new development, and got it for $5,000 off list!
BAY AREA MUST READ: November Existing Home Sales Remain Flat According To Auction.com Residential Real Estate Nowcast
Auction.com, LLC, the nation's leading online real estate marketplace, has released its latest Auction.com Residential Real Estate Nowcast which projects that existing home sales for the month of November will fall between seasonally adjusted annual rates of 5.19 and 5.54 million annual sales, up 8.4 percent year-over-year. "People looking to buy a home today face dual constraints - extraordinarily low inventory and extremely tight credit," said Auction.com Executive Vice President Rick Sharga. "But demand may be weakening as well… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
Second Article: Bay Area grappling with poverty, housing costs per new Census Data
As the Bay Area recovered from the Great Recession, household incomes increased but so did poverty rates and the cost of housing, according to new data released Wednesday by the U.S. Census Bureau. In Santa Clara County, where the tech boom produced tens of thousands of new jobs as the Golden State's economy rose from the dead, median household income rose 9.7… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
- Helped a buyer create a 12 month plan for purchasing a home.
- Advised a seller as to the best practices for renting a home out to potential tenants.
- Gave a seller statistical information regarding selling around the holidays.
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 levels will continue to drop until mid-January. Multiple offers and high sales prices will be inevitable.
RECAP: Santa Clara County
Things are continuing to look really miserable for buyers. If you notice in the graph below the red line (number of sales) has SURPASSED the yellow (new listings). Not enough homes are coming on the market. Prices will rise until this trend reverses. If the graph below does not appear, click here to view it.
RECAP: San Mateo County
San Mateo County sales are looking consistent with Santa Clara County. San Francisco is also following the trend. 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 looking consistent with Santa Clara County. San Francisco is also following the trend. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click here to view it.
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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
* 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
