Bay Area California Real Estate Blog and News

JUST SOLD: 2407 Telegraph Ave #405

1 Bed | 1 Bath | 846 SqFt

Congratulations to my buyer who scored big time on this beautiful, spacious 1 Bedroom condo. The building has a secure parking garage and expansive roof deck. It also has free Webpass internet with speed up to 100 Mbps. The location is ideal: 0.4 miles from BART and close to fun restaurants like Drake’s dealership and in walking distance to Parkway Theater and the Korean Market. But the best part is, that my buyer got this condo at asking price!

You thought in such a competitive market you will have to always overbid? Let me help you find a great home at a great price! Call or text me: 415.342.3954 and we can talk on the phone or meet in my office.

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Renting or Buying...Either Way, You're Paying Someone's Mortgage

Renting or Buying…Either Way, You're Paying Someone's Mortgage | MyKCM

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical Steps to Getting Rich,”

“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t...

759 Tamarack Dr. San Rafael, CA 94903: COMING SOON!

This single level Kenney Home in Terra Linda is almost ready to hit the market and won’t last long.

Keep your eyes open for the OPEN SUNDAY announcement. This 3-bed room 2-bath (2,233 sqft.) home with huge yard and pool is conveniently located off Highway 101 and near open space. This home is fantastic for entertaining, relaxing and year-round fun! Large bedrooms, sunny large living room/dining room combo, eat in kitchen, cozy family room plus a HUGE family rec room! The list of updates is long: new carpet, new paint, new landscaping plus more. Dixie School District.

 Call me for more information and stay tuned for price and professional photos!

www.759Tamarack.com...

JUST SOLD – 455C Central Ave, ALAMEDA $476,000

Congratulations to my client who just closed escrow on this charming 1 bedroom, 1 bath home in Alameda's desirable West End! This quaint cottage features lovely 1912 period details – including hardwood floors throughout and wood wainscoted walls.

My first-time buyer client was able to snag this cozy home with my guidance on her very first offer!

Call me today to find out how I can do the same for you!

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How to Save on a Mortgage Payment Whether Buying or Selling

How to Save on a Mortgage Payment Whether Buying or Selling | MyKCM

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains:

“Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and for much of that time it hasn’t been close.”

It then goes onto ask the question:

“But does the equation change for renters who share their rent with a roommate?”

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The #1 Reason to List Your House, NOW!

The #1 Reason to List Your House, NOW! | MyKCM

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! The inventory of homes for sale has fallen year-over-year for the last 28 months and has had an upward impact on home prices.

NAR’s Chief Economist Lawrence Yun had this to say,

“Home sales in recent months remain at their lowest level...

Millennials Flock Towards Low Down Payment Programs

A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less.

The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%.

An article by Chase points to a new wave of millennial homebuyers:

“We teamed up with Google to help us better understand what customers are searching for and how the home buying landscape is evolving. We found that millennials and first-time homebuyers are making a big splash in the market, and affordability remains top of mind.”

Among millennials...

Record Sales Prices in Richmond's Marina Bay!

As further evidence that the Marina Bay real estate market is hot, my two most recent sales at Anchor Cove set new sales records for the community. 1812 Northshore Dr. and 1912 Northshore Dr. are both identical floor plans with 2053 SF and 3 bedrooms and 3.5 baths. I first listed 1812 Northshore Dr. at $675K in August. We received 3 offers and the property sold for $685K. In September I listed the neighboring property of 1912 Northshore Dr. for $690K. After two weekends of open houses my seller accepted an offer of $701K. For more details on each of these properties please visit:
Needless to say that both of my sellers were ecstatic about the...

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

Contact...

JUST SOLD – 163 Euclid Ave, SAN LEANDRO $665,000

Congratulations to my first-time buyers who just closed escrow on this delightful 3 bedroom, 2 bath, 1,334 square foot home!

Located in San Leandro's sought-after Broadmoor district, this home features an open concept living room, dining room and kitchen. All leading out to a spacious back yard and workshop with endless gardening possibilities. Convenient and walkable to downtown, shopping, schools, and BART.

My clients relocated from San Francisco to enjoy the space and sunshine of the East Bay. I’m delighted to have...