FOR SALE: 3559 Walton Way in San Jose. 4 bed 3 bath, 2,200 SF, 2 story home in a very well-established neighborhood (my across the street neighbor). Refinished hardwood floors, designer paint, and a nice neighbor J. Priced at $1,199,000. If you know anyone looking please pass along this email and have them contact me immediately for a private showing. 5 days on market and I have already received 2 offers on the home but they are not what the seller is looking for. BRAND NEW TECH ***360 Degree Pics: https://goo.gl/photos/QjLAaccnNQxUGU5b7 ***
OFF MARKET SALE IN ESCROW: 12230 Mellowood Dr in Saratoga. In escrow for $1,350,000 as an off market sale. It is a 3 bed 2 bath, 1,300 SF, 1 story older home located in Saratoga. The seller preferred a quick sale so I was able to find a buyer from my own personal network within days of our initial meeting. BRAND NEW TECH ***360 Degree Pics: https://goo.gl/photos/h8zsjQL6xo79SwmY7 ***
IN ESCROW: 2210 Canyon Lakes Dr in San Ramon. In escrow for $5,000 above the asking price of $900,000. It is a 4 bed 3 bath plus a den, 2,350 SF, 2 story newer home located on the 8th tee at the Canyon Lakes Golf Course in San Ramon. BRAND NEW TECH ***360 Degree Pics: https://goo.gl/photos/GxbjvPjG2hEpJBU7A ***
SOLD: 173 Northwood Dr in South San Francisco. 3 bed 2 bath, 1,430 SF. I received 9 offers and got the home sold for $980,000 ($180,000 over asking) in 7 days with a free month long rent back! The seller was extremely pleased.
BAY AREA MUST READ: Santa Clara County: Property values continue to soar
In a sign of Silicon Valley's economic health, Santa Clara County's property values are up for the fourth straight year, with the assessment rolls rising by nearly 8 percent to $419 billion, according to assessor Larry Stone. About half of the $31 billion increase in value came from properties changing hands, and the resulting reassessment. About $7 billion came from new… (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: Although we are seeing slightly less activity, there are still plenty of buyers out there, all looking for a good deal. The most attractive homes, both in condition and price, will sell the fastest and with multiple offers for the unforeseeable future.
RECAP: Santa Clara County
The May/June slowdown seems to have leveled off as people are returning from their first break of the summer. What is important to pay attention to is the differential between new listings (yellow) and pending listings (red). Currently that figure is 473 which is consistent with previous months. Any change in this number by greater than 10% in either direction could be signs of a market shift. If the graph below does not appear, click here to view it.
OFF MARKET SALE IN ESCROW: 12230 Mellowood Dr in Saratoga. In escrow for $1,350,000 as an off market sale. It is a 3 bed 2 bath, 1,300 SF, 1 story older home located in Saratoga. The seller preferred a quick sale so I was able to find a buyer from my own personal network within days of our initial meeting. BRAND NEW TECH ***360 Degree Pics: https://goo.gl/photos/h8zsjQL6xo79SwmY7 ***
IN ESCROW: 2210 Canyon Lakes Dr in San Ramon. In escrow for $5,000 above the asking price of $900,000. It is a 4 bed 3 bath plus a den, 2,350 SF, 2 story newer home located on the 8th tee at the Canyon Lakes Golf Course in San Ramon. BRAND NEW TECH ***360 Degree Pics: https://goo.gl/photos/GxbjvPjG2hEpJBU7A ***
SOLD: 173 Northwood Dr in South San Francisco. 3 bed 2 bath, 1,430 SF. I received 9 offers and got the home sold for $980,000 ($180,000 over asking) in 7 days with a free month long rent back! The seller was extremely pleased.
BAY AREA MUST READ: Santa Clara County: Property values continue to soar
In a sign of Silicon Valley's economic health, Santa Clara County's property values are up for the fourth straight year, with the assessment rolls rising by nearly 8 percent to $419 billion, according to assessor Larry Stone. About half of the $31 billion increase in value came from properties changing hands, and the resulting reassessment. About $7 billion came from new… (To read this article please visit my Facebook Fan Page https://www.facebook.com/NathanRealEstate)
RECENT EXPERIENCES:
- Counseled a seller about the benefits and drawbacks of taking an off-market offer on their home.
- Successfully negotiated through a potential deal-breaker problem that popped up in the middle of a sale that was caused by the city discovering some unpermitted work was performed on the house.
- Gave a first time seller valuable advice on how best to improve the curb appeal of the home.
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: Although we are seeing slightly less activity, there are still plenty of buyers out there, all looking for a good deal. The most attractive homes, both in condition and price, will sell the fastest and with multiple offers for the unforeseeable future.
RECAP: Santa Clara County
The May/June slowdown seems to have leveled off as people are returning from their first break of the summer. What is important to pay attention to is the differential between new listings (yellow) and pending listings (red). Currently that figure is 473 which is consistent with previous months. Any change in this number by greater than 10% in either direction could be signs of a market shift. If the graph below does not appear, click here to view it.
RECAP: San Mateo County
San Mateo County only has a differential of 153, and it looks to be following suit with Santa Clara and San Francisco. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click here to view it.
San Mateo County only has a differential of 153, and it looks to be following suit with Santa Clara and San Francisco. CALL ME IF YOU NEED ANY SPECIFIC INFORMATION.
If the graph below does not appear, click here to view it.
Mortgage Rates
| ||
Loan Amount
|
Rate
|
30 Day Trend
|
$625K 30yr
|
3.875%
|
+0.25%
|
Jumbo 30yr
|
4.000%
|
+0.25%
|
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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
* 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
