Real Estate

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Thanking My Clients For a Successful 2018!

It is my pleasure to help so many wonderful clients find a home in this community. Their trust in my services and their ability to quickly learn the realities of the Lamorinda market make us a strong force to contend with. In may cases we are able to identify and then purchase the first home they…

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New Phenomena with Millennial Buyers

There is a new phenomenon in Lamorinda. Millennials are walking, ubering and bike riding to and from BART. New, first time buyers are specifically looking for homes close to transportation and BART. In fact, the actual lot and foot print of the home has become less important than a convenient location.  Don’t mistake me, buyers…

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Measure L in Lafayette, Something to Consider

LAFAYETTE — May 1st, 2018 – Voters will decide on June 5 whether to allow 44 houses to be built on 22 acres, and while opponents have been vocal, they say they would prefer a scaled-down project. The campaign surrounding Measure L has been contentious, with accusations of misinformation over air pollution, a sports field,…

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The Spring Market As I See It

Spring has arrived. Brisk activity, with plenty of inventory is anticipated. Interest rates are currently at 4.65%. One thing is clear. The entry level market has changed and has surged dramatically upwards. Improved 1500 square foot homes are selling for up to $1,250,000. 2000 sf homes are selling up to $1,500,000. This leaves it very…

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Contra Costa Association of Realtors – Newsline 12/27/2017

President Signs Tax Reform Bill Last week, President Trump signed the Tax Cuts and Jobs Act tax reform bill. All individual provisions of the measure are generally effective after December 31, 2017 for the 2018 tax filing year and expire on December 31, 2025 unless otherwise noted. The provisions do not affect tax filings for…

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Out Migration: It’s A Housing Story

California has an out-migration problem. Recently released figures from the State’s Department of Finance (DOF) shows that the number of Californians leaving the state each year is on the rise. After falling significantly during the Great Recession, outmigration from California is exhibitionist on a 4- year uptrend. The DOF reports that nearly 118,000 people moved…

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Parents Helping Their Kids Buy Homes

Parents helping kids compete in bidding wars Source: Wall St. Journal To help their adult children, more parents are reportedly taking out equity in their own home so their child can buy a home of their own. More parents are finding that their adult children need the extra financial footing in order to compete in…

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How interest rate jumps affect purchase decisions and affordability in CA

Mortgage rates have shot up in the two weeks following the election, moving to highest levels in two years, with the 30-year fixed rate loan at 4.25 percent. This has instantly pushed up the cost of borrowing and home purchasing for many people in California, caused many to try to lock in current rates and…

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First Home!

We were able to find the perfect home for this wonderful couple. This was the first home they truly fell in love with. They mobilized quickly, buyoemsoftonline.com trusted the process, and we came in at what we believed to be the perfect offer price. Unfortunately, another buyer came in at the same price with all…

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