Check out my latest listing in the Anchorage community of Richmond's Marina Bay. Built in 2010, this tri-level home has one of the most desirable floor plans in Marina Bay's Anchorage community. Featuring 3 bedrooms, 2.5 baths and a total of 1,330 SF (per tax records) this home is in impeccable condition and boasts tile and engineered hardwood floors, granite kitchen with gas stove, plantation shutters, private balcony & spacious patio.
A perfect layout for entertaining and overnight guests, this home has a central living/dining space alongside a large kitchen with bar-style seating and a half bath, all on one level. Both front...
With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago.
Here are three key metrics that will explain why:
- Home Prices
- Mortgage Standards
- Foreclosure Rates
HOME PRICES
A decade ago, home prices depreciated dramatically, losing about 29% of their value over a four-year period (2008-2011). Today, prices are not depreciating. The level of appreciation is just decelerating.
Home values are no longer...
The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home.
This ‘seller’s market’ has driven home prices to new heights. Home price appreciation averaged over 6% across the country.
However, home price growth has recently started to cool down. The latest report from CoreLogic shows that home prices have only risen by 4.7% over the last 12 months.
Many buyers and sellers planning to enter the housing market this year...
927 Idylberry Rd. San Rafael, CA 94903: JUST LISTED Open Sunday Feb. 24, 2019
Be prepared to fall in love with this home, as it is the perfect blend of pristine original Eichler, custom Frank Lloyd Wright inspired Usonian element built-ins and a modern-day remodel. The kitchen features gorgeous quartz style slab counters and all new appliances while maintaining original layout, cabinets and lighting. Both baths are tastefully remodeled and flooded with natural light. Your feet will love the warmth from the radiant heat (copper pipe) on the unique new Sono flooring throughout the common areas and new carpet in all 4 bedrooms.
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Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!
NerdWallet’s 2018 Home Buyer...
Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.)
For Americans approaching retirement age, one of the greatest benefits to homeownership is the added net worth they have been able to achieve simply by paying their mortgage!
The Joint Center for Housing Studies at Harvard University ...
The new year usually brings resolution about cutting spending. Consider including home energy efficiency upgrades – a decision that will save money and increase your comfort for as long as you live in your house – among your 2019 resolutions. Here are three ways to get started:
- Energy Audit. Energy auditors test your house to see where you’re losing the most energy and recommend upgrades to improve energy savings and comfort.
- Budget and plan. Prioritize your...
One of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices allows buyers to imagine themselves living in the house.
Those planning to sell soon are in luck! Marie Kondo, the inventor of the KonMari Method of Tidying Up, has gained popularity with her new ...
If you’re a current homeowner, or in the market to buy, you’re probably curious about the latest trends in home design.
Sellers who make strategic updates before listing a property can generate increased interest from buyers and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget.
Even if you have no immediate plans to buy or sell, we advise our clients to be thoughtful about the colors, materials, and finishes they select when planning a remodel. Making over-personalized or unpopular design choices could hurt a home’s value when it does come time to sell. And selecting out-of-style or overly-trendy elements could cause...
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, 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”:
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