Feeds:
Posts
Comments

Posts Tagged ‘real estate’

SCENARIO A:
You’ve lived in your home for a number of years and like a lot of folks you live with all sorts of things “you’ll get to at some point!” 
The carpets are threadbare, you haven’t painted since the kids were in kindergarten, the wood floors are pretty scratched and the enamel has worn off the tub etc. etc.

SCENARIO B:
Everything is in good shape and you have lovely things but you’re a retiring downsizer and you’ve owned this home for maybe 25+ years.
Your buyers are likely to be closer to the age you were when you purchased and they tend to fall in love with and spend a premium on updated “millenial style” homes! 

Like many agents I’m frequently telling sellers they will get a higher price if they can invest some money in painting, redoing floors, updating light fixtures and staging.

And like many sellers… they would if they could but they can’t… but maybe they can!!

Compass has recently rolled out a great program which can help many sellers with equity in their homes (but with limited cash reserves) by giving short term financing to cover home prep costs.
It takes some advance planning, licensed contractors need to be approved and there are guidelines to follow.

 

I’m happy to answer questions if this is a good fit!

Read Full Post »

Looking back at the First Quarter of 2019 the overall market condition chart shows a strong reduction in the number of homes which sold under list price.
Yes….despite the prevailing trend to under price homes and generate multiple offers, there are homes which come on priced too high.
The slow down in the Fall which started around October seems a things of the past.
As long as sellers are realistic, interest rates and inventory continue low, the buyer demand will remain strong.

As always… the trends are market wide, but the values are house specific!

Neighborhood data you can access below will vary in giving an accurate picture of the market depending on how many homes have sold in the 1st quarter.

Single Family Home Sale Data

 

I’d be happy to speak with you about your specific market or property questions!
Jackie 510-390-8101

Read Full Post »

Back when we bought our last house around 1998 we were considering schools and test scores and the Montclair hills seemed like the spot which best met our needs.

Although we were also very tempted by a couple of super charming homes -one in Adams Point with a gorgeous stained glass transom window and the other a craftsman style home near a wonderful pocket park in what is now more acceptably known as NOBE!

Fast forward about 20 years and the conversation I often have with homeowners in the Berkeley and Oakland hills frequently turns to
How is it possible homes in the hills are not worth more ?”

So here is a little chart giving some idea of relative appreciation over the last 20 years in the hills and the flats.
Yes, the hills were more expensive to start with, but a generational shift
is placing value on urban locations and Lakeshore is very tempting!

Read Full Post »

That Magic feeling!

Every so often a home with that magic feeling comes on the market!

On Brokers tour the agents are “oohing” and “aahing” and say “I could live here!” and you realize you are not alone in responding to the home as you do!

The magical house does not have to be exceptionally fancy.

More likely it is unostentatious, more likely it has a wonderful interface with the outdoors… a place where you can imagine spending today’s precious down-time relaxing in comfort and looking out onto a beautiful garden or view!

How do you value a home like this?

You pull the comps, analyze the data and say…. However… this home is magical!
Data and logic invariably go out the window!

The winning recipe will undoubtedly be whatever the sales data indicates plus whipped cream and a very large $$ cherry on the top!

Will it appraise?
Quite possibly not. Is there going to be a buyer who doesn’t care, probably.

Like the world’s most valuable jewels and artworks a home with “ that magic feeling” is a rare commodity and gets valued accordingly!

closeup photo of pink petaled flower tree

Photo by zhang kaiyv on Pexels.com

Read Full Post »

The holiday season saw somewhat of a seasonal slowdown as buyers turned their attention to the holidays. A few deals were had, many sellers tried the off-market ” Buy it now” pricing and some were successful. Shadow inventory which did not sell in the Holiday season and new inventory will be coming on soon!
Click on the image below to see the last quarter’s report

Read Full Post »

I am so grateful for the opportunities I had in 2018 to help so many wonderful clients!

A BIG THANK YOU! to friends and clients who sent many of these people my way.

If you have a move in mind for 2019 I’m always happy to meet prospective clients, discuss options and put together a plan before the early Spring market gets going!

You can call me, text or leave a message at:  510-390-8101

 

Read Full Post »

How refreshing it is to present a warm and inviting home decorated by a true artist with a flair for color and style!

OK, so we know we’re meant to “neutralize” and beige turned to gray over the last few years and it clings to life with a few brave stagers battling to infuse COLOR into the picture!

So YAY!!

My latest listing is this stylish and colorful, warm and inviting Traditional split-level located in the Woodminster pocket neighborhood of Montclair.

This slideshow requires JavaScript.

Adjacent to Montclair, and zoned for the same schools it’s considered Montclair by many who live there but has the best of both worlds with access to Montclair village and it’s own neighborhood shopping, restaurants and even the ex Montclair Hardware store!

Regional parks are just around the corner with trailhead access to Joaquin Miller Park and Sausal Creek.
Along with the Woodminster ampitheatre just up the road for annual musicals, music in the Redwoods, and the Greek Festival  with music, dancing and food just down the road.

This slideshow requires JavaScript.

Read Full Post »

Older Posts »