Home staging is key to attracting home shoppers, an maybe even more so in an era where consumers are used to watching TV home-makeover shows. 83% of buyers’ agents say staging a home makes it easier for buyers to visualize a property as their future home. 44% of buyers’ agents say staging a home increases its value.
Realtor.com reports that SAN JOSE, CA ranks #1 where Home Prices have fallen the most, in their findings, dated May 20, 2019. Most recently, the real estate market has experenced a shortage of available homes for sale to balance the demand of Buyer’s needs. Combined with super low interest rates, the results were that the Bay Area housing sales prices escalated at record-breaking speed from years 2011-2018. This year has delivered a “cooling-off” phase, in some areas, such as San Jose, CA as prices have softened and inventory has increased.
Houses priced right are still selling quickly, and some “over-asking.” The market is relatively balanced, and favorable for both Buyers and Sellers. The mortgage interest rates are low and there are more homes to choose from.
Curious how other cities were rated? Read the Realtor.com report HERE: https://www.realtor.com/news/trends/2019-where-home-prices-falling-the-most/ “Falling Stars: You Won’t Believe the 10 Cities Where Home Prices Are Down the Most” for more information.
Jeni Pfeiffer, Broker Associate Realtor
Offered at $750,000 – VISIT: www.3183heather.com Spacious SINGLE LEVEL Condo that feels like a Single Family Home*SUPERB LOCATION*Adjacent to Communications Hill*Continue reading
OPEN HOUSE Sat 1:00-4:00pm – COME VISIT this GORGEOUS Turn-key English Estates Home located in West San Jose at the Saratoga Border. AWESOME Country Lane Elementary School and close to the new Apple Campus! This is an original Leep Buidling Home, known for quality building with hardwood floors, open floorplans, sliders from the Master Bedroom to the Redwood Patio Deck, and more! Asking $1,788,000 CLICK HERE for the website.
OVER $100,000 + INVESTED for IMPROVEMENTS*OUTSTANDING Custom Retrofits & Remodeling includes ENERGY EFFICIENT Green Upgrades resulting in a COMFORTABLE Living Environment w/Reduced PG&E Bills. Continue reading
DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 25, 2015
One in three U.S. households say they plan to move in the next five years, according to a survey conducted by the Demand Institute of 10,000 households’ current living situations. And it’s the location of the home that will be driving most of those moving decisions — more so than the physical home itself.
Seventy-five percent of the households surveyed cited one or more location-related reasons for why they were moving. The top reasons were the desire for a safer neighborhood (30%); being closer to family (27%); a change of climate (26%); being closer to work (25%), and moving for a new job (23%).
More than half — 59 percent — of households say they don’t plan to go too far, with most indicating a move within 30 miles of their current home.
For those seeking a location for climate reasons, the Western and Southern U.S. continue to be the top destinations. Continue reading
What to offer? How much to sell? The AVERAGE Single Family home SALES PRICE closing, in the City of SAN JOSE, during this past week (Jan. 29, 2015 – Feb. 3, 2015) was $796,866. The AVERAGE LIST OVER SALES PRICE same period is 100%.
3560 Mckee Road, featured a large lot size of approx.10,000 s.f., and boasted 130% SOLD OVER LIST PRICE, LISTED FOR $299,000, and SELLING for $390,000 – in 7 DAYS.
The LOWEST SOLD OVER LIST PRICE was 11 year old 1298 Fleming Avenue, taking 100 Days to sell at $940,875, 90% less than the original list price of $1,049,000.
In this market, it pays to keep an eye on the homes that have been listed for some time. Please feel welcome to contact Agent Jeni Pfeiffer BRE#01709666 with any questions.
LIVE IN & enjoy Silicon Valley! 855 Homes for Sale in San Jose today!
Quick Search: bit.ly/sjhms BRE#01709666
Congratulations Gino Blefari – A great businessman, leader, inspirational mentor who I appreciate many great years having been a part of his team!
Courtesy Inman News, June 10, 2014
Earl Lee, the veteran Prudential Real Estate executive who helped launch Warren Buffett’s new real estate franchise brand, Berkshire Hathaway Home Services, will step down as CEO of parent company HSF Affiliates Inc. on Jan. 1 and hand over the reins to Gino Blefari, the founder of Intero Real Estate Services.
Cupertino, Calif.-based Intero Real Estate Services was acquired last month by Buffett’s giant brokerage firm, HomeServices of America Inc., giving the company a foothold in Silicon Valley.
CLICK HERE for the full Inman News article.