Tuesday, December 12, 2017

Happy Holidays: 2018 is going to be big! 🎆✨💥

I wanted to wish you and your family a Happy Holidays! I love this time of year. Much like you, I get to spend time with friends and family and create new memories. I also make sure to reflect on the year's achievements and plan ahead for the next one so I can be sure to help my clients achieve their goals. 

2017 has been an amazing year, but 2018 is shaping up to be even bigger. There are some big changes in Conforming Loan Limits that will impact home buying decisions in 2018. I'm continuing to follow tax changes being proposed that will heavily impact the state of California. Plus, I am monitoring tech industry moves that impact all of us in the area, and if you are looking to remodel your kitchen, here are some questions you need to ask yourself first. 

I have a new listing coming up in January that you need to check out. As you know, I love to share stories of my clients so be sure to check them out and I hope you've been following my market recap and forecasts each month because my predictions this year have been dead on.

Whether you are celebrating Christmas, Hanukkah, Kwanza or just enjoying the holidays. I wish you all the best.


COMING SOON @ $1,350,000
Spacious and bright single family home in the desirable area around Forest Hill Elementary. This property features 3 bedrooms, 2 baths, and is 1,300 SF not including the square footage in the finished garage. There is plenty of room for playing in the backyard and the home will have new modern paint inside and out. Will be coming on the market mid January, but contact me if you would like to schedule a pre-MLS appointment.

Remodeled Mountain View Townhome @ $1,150,000!
The STAR is the home! Fully remodeled townhouse coming in early November. Above picture is artist rendition. Everything will be upgraded from the studs inward using high-end materials and ultra-modern designs.  
  • Walking distance to Downtown Mountain View
  • Close to Google and short commute to Facebook and Apple
  • Perfect for a 1st home or investment

Email Me To See These Homes

SOLD @ $1,175,000!
Absolutely gorgeous, and high quality workmanship turnkey home in Aptos very near to the Aptos Village. Spacious 3 bed 3 baths on a 17,000+ sf lot. Just appraised at $1,180,000 even though my client is only paying $1,175,000. Gourmet kitchen, high-end appliances with plenty of room to expand.

Do you or someone you know want these kinds of results in the next 12-18 months? You'd be surprised how much strategy and planning went into achieving these goals for my clients.
Great Idea - Start Today

In November larger homes jumped the most in value, selling for an average of 4.3% more than in October. Our very low inventory is forcing prices up at rates faster than many of us thought possible. Interest rates stayed flat over the past month, and we're getting a nice bump in the loan limits which will help Bay Area buyers. Our 18 days of market inventory (Market Temp) is right in line with the huge demand for housing we are witnessing, as are the multiple offers we see on 90%+ of all homes for sale. See the infographic below for more market stats and please let me know if you need any advice on how to navigate the market or create a plan for the future.
Send This Info to a Friend or Colleague

FHFA Announces Maximum Conforming Loan Limits for 2018

The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for one-unit properties.

The new ceiling loan limit for one-unit properties in most high-cost areas will be $679,650​

Read the Press Release

Giving Grandma a tax break to get more homes on the market: realtors' Prop. 13 ballot proposal 

In the midst of California's severe housing shortage and a federal tax overhaul, a statewide ballot initiative was quietly submitted this fall with the idea of getting longtime, older owners to sell their homes, freeing them up for younger families to buy.

The proposal from the California Association of Realtors would expand Proposition 13, the landmark constitutional amendment passed by voters in 1978 that has kept homeowners' property taxes artificially low over the years, even as their home values have doubled or even quadrupled. Under the initiative, homeowners who are over 55 or severely disabled would be able to keep those lower tax obligations for life, regardless of how many times they move, as long as they stay in California.​

Read the Mercury News Article

Amazon leases North San Jose offices amid Silicon Valley expansion

Amazon has extended a burst of Silicon Valley expansion by leasing an office building in North San Jose, according to people familiar with the deal.

Amazon has leased the entire 64,000-square-foot building at 2302 Trade Zone Blvd., said three people knowledgeable about the transaction.​

Read the Mercury News Article

Planning a Kitchen Remodel? Ask Yourself These 8 Questions First

Are you contemplating a kitchen remodel? After putting up with your outdated countertop and electric stove for far too long, you may feel it's time to take the plunge. A remodel of any kind comes with its fair share of ups and downs, so before you commit to multiple months' worth of construction in your home, there are some crucial questions you'll need to answer.​

Read the Realtor.com Article





Copyright © 2017 Referral Realty, All rights reserved.

Nathan Nahouraii
Referral Realty
1601 S De Anza Blvd Ste 150
Cupertino, CA 95014