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Waterline by Shea Homes Now Selling in Point Richmond

Today I took a hard-hat tour of the newest Point Richmond luxury housing development known as Waterline by Shea Homes. Shea Homes has broken ground on the construction of a total of 60 flats and townhomes. Prices will range from the low $800K up to $1,500,000. I was given a tour of the different floor plans and have to say that they are huge!

The units will range from 2-3 Bedrooms starting at approximately 2,100 SF all the way up to almost 3,000 SF. If you are looking for a home with views then you will not be disappointed as almost all of these homes boast some of the most stunning views of the water and the San Francisco skyline.

HOA dues are expected to be...

1231 Waterview Drive in Mill Valley - Coming Soon!!!

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:

http://1231waterview.com/

We are pricing this...

Marina Bay Anchorage Home at 405 Jetty - Just Listed

Completed in December 2016, this tri-level, end-unit home is truly one of the best built homes in Marina Bay's Anchorage community. With the largest floor plan 405 Jetty boast 3 bedrooms, 3.5 baths and a total of 1,975 SF. (per builder) With $64K spent in builder upgrades it's fair to say that no expense was spared. From soundproofing the interior walls to high-end wood & tile flooring, to brushed nickel faucets and on-demand water heating, every detail was thoroughly thought out and designed. Other notable upgrades include high quality...

Taking Fear Out of the Mortgage Process

Taking Fear Out of the Mortgage Process | MyKCM

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification.

For many, the mortgage process can be scary, but it doesn’t have to be!

In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less), a stable income, and good credit history.

Throughout the entire home buying process, you will interact with many different professionals who will all perform necessary roles. These professionals are also valuable resources for you.

Once you’re ready...

Are You Spending TOO Much on Rent?

Are You Spending TOO Much on Rent? | MyKCM

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household to save money for the future while comfortably covering other expenses.

According to new data released from ...

Still Think You Need 15-20% Down to Buy a Home? Think Again!

Still Think You Need 15-20% Down to Buy a Home? Think Again! | MyKCM

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well!

Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in the national homeownership rate. The study from Urban Institute revealed that nearly a quarter of this generation has the credit and income needed to purchase a home.

Surprisingly, the largest share of mortgage-ready millennials lives in expensive coastal...

20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]

20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC] | MyKCM

Some Highlights:

  • When listing your house for sale, your top goal will be to get the home sold for the best price possible!
  • There are many small projects that you can do to ensure this happens!
  • Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help!

Contact the East Bay Modern Team, your East Bay real estate connection, for assistance buying or selling...

Just Sold! 1 Blue Blossom CT, San Rafael

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!

...

Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

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...

Baby Boomers are Downsizing, Are You Ready to Move?

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...

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