October 2018

Found 5 blog entries for October 2018.

I am thrilled to announce my new Coming Soon listing in Mill Valley.

This recently updated 1,783 sq. ft., 3 bedroom, 2.5 bath home featuring an open kitchen, dining and living room area with panoramic views and a deck to the yard that make it perfect for entertaining. Upper level has a master suite with views of the bay, Angel Island and Alcatraz, two bedrooms and second bathroom with a double sink floating vanity. This unique property has a 2 car attached garage, laundry room, ample storage and a useable yard. Adjacent to expansive open space with access to hiking and biking trails and an easy commute location, just minutes to the freeway.

Please visit the property website for more details and take a virtual 360 tour:

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Just Sold! Even with several competing neighborhood listings, this beautiful, light and bright contemporary 3 bedroom, 2.5 bath Lucas Valley Estates home sold quickly. To learn how to increase your chances of a successful, quicker, more trouble-free sale, please call me. I'll look forward to hearing from you!

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In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:

  1. New listings jumped 8% year-over-year nationally, the largest increase since 2013
  2. Total listings in the 45 largest markets are now up 6% on average over last year

This increase in housing inventory has sparked two different reactions. Some are saying this is the first sign of a potential collapse while others are saying it is a welcomed reprieve from the lack of inventory that has stalled the market recently. As Zelman & Associates reported in a recent ‘Z Report’:

“With the rate of home price appreciation starting to decelerate alongside the uptick in inventory, we expect significant debate whether this is a bullish or bearish

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For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?

Here’s what some of the experts have to say on the subject:

Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier and working longer than previous generations, which means they aren’t yet ready to sell their homes.”

According to a study by Realtor.com, 85% of baby boomers indicated they were not planning to sell their homes.

It is true that baby boomers are healthier and are thus working and living longer, but are they also refusing to sell their homes? 

Last month, Trulia looked at the housing situation of seniors (aged 65+) today compared to that of a

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Are We About to Enter a Buyers’ Market? | MyKCM

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening?

The market has definitely softened. However, according to two chief economists in the industry, we are a long way from a market that totally favors the purchaser:

Dr. Svenja Gudell, Zillow Chief Economist:

“These seller challenges don’t indicate we’re suddenly in a buyers’ market – we don’t expect market conditions to shift decidedly in favor of buyers until 2020 or later. But buyers certainly are starting to balk at the rapid rise in prices and

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