California Housing Marketing Update – August 2020

 

California housing market continues recovery as median home price breaks $700,000 mark, C.A.R. reports

– Existing, single-family home sales totaled 465,400 in August on a seasonally adjusted annualized rate, up 6.3 percent from July and up 14.6 percent from August 2019.

– August’s statewide median home price was $706,900 up 6.1 percent from July and up 14.5 percent from August 2019.

– Year-to-date statewide home sales were down 6.8 percent in August.


Posted on September 12, 2020 at 12:31 am
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , , ,

What’s Your Favorite Feature of Your Home? Seller’s Letter in Saratoga [Video]

 

Seller’s ‘Love Letter’ to a buyer is a good idea – The seller can elaborate about their favorite best features of the property and the memories attached to the home. Also sometimes included in a letter to prospective buyers are neighborhood shops, restaurants, and parks. This love letter from the seller describes the pros and perceived cons and how much they think their home is worth and why. If you’re a seller would you consider writing a buyer love letter to your prospective buyers? Do you think this would benefit the sale of your home?

Leave your comments below and. your questions!

Curious to see the home which seller was referring to?

Check out the post here

 

Lynne MacFarlane Homes

Lynne Watanabe MacFarlane, MCDM, SRES, SRS | Realtor PFAC Silicon Valley affiliate Intero | A Berkshire Hathaway Affiliate

Text/voice: 831-346-2743

DRE# 02066698

www.lynnemacfarlane.com


Posted on September 2, 2020 at 7:13 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY, Saratoga, Sellers, Video | Tagged , , , , ,

100+ Days On Market… in Saratoga? Sept 1, 2020 [Video]

 

 

Here’s my search for all Saratoga homes listed on the market, click here:

https://lynnemacfarlane.realscout.com/homesearch/map?geo_type=city&geo_id=0670280&for_sale=1&for_rent=0

 


Posted on September 2, 2020 at 6:04 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY, Saratoga, Video | Tagged , , , , ,

Weekly Update Look at Five SF Bay Area Counties

It’s the Weekly Update look at real estate activity in the five SF Bay Area counties (San Mateo, Santa Clara, Santa Cruz, San Benito and Monterey). Take a look at the contrast between 2019 vs. 2020 (March 1st – Aug 22nd) and how far we have bounced back from SIP looking at May, June and July differences between the years. In July 2019 we had a total of 2,757 Closed Sales, but July 2020 we had 3,134 Sales, that’s a 13% Year over Year difference.
#realestate #bayarearealestate #sfbayarea #housingmarket #bayarearealtor #Intero #MLSlisting #Aculist


Posted on August 26, 2020 at 10:58 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , , , , , , , ,

August 24 2020 – Wildfires in Bay Area & Creating a Wildfire Safety Plan [Video]

Today in this video we share the areas of the wildfires in the Greater SF Bay Area. We also discuss the importance of creating a Wildfire Safety Plan for Older Adults who are living alone. Also, please note that if you and your family have evacuated Intero has a special discount with Country Inn and Suites –  Address: 1350 N 4th San Jose  Phone: (408) 467-1786

If you or a loved one are in need of any assistance, please don’t hesitate to call.

(831) 346-2743 text anytime
LMACFARLANE @ INTERO .COM

Thank you, take care & be safe.

Lynne MacFarlane Homes

Packing an emergency kit: Assemble an emergency suitcase your family elder can quickly grab in the event of a fire. When a wildfire requires evacuation, every second counts.

Establishing good practices: Developing precautionary habits can keep an older adult safer when it comes to a home fire or a wildfire. Put glasses and hearing aids on the bedside table. Always have cell phones charged. If an older adult uses a wheelchair, walker, or cane, encourage them to keep it nearby.

Purchasing an emergency radio: In the event of a power outage, an emergency radio allows older adults to stay connected. Whether it is a crank radio or a battery-operated one, there are a variety of options to choose from.

Planning evacuation routes: It’s also important to plan escape routes from every room in the house. For rooms upstairs or homes on a higher elevation, you may want to order fire escape ladders that attach to windows. If your loved one may have trouble climbing down a ladder, they should stay close to the ground floor.

Creating a neighborhood escape plan: Just like you need two escape routes from the senior’s home, you also need two separate ways out of their neighborhood. If one is blocked by fire, they won’t lose time trying to figure out what to do. When the order comes to evacuate, it’s also important to know where a safe place to retreat is.

 

California Fire Resources

If you or your friends are affected by the California wildfires, below are links to some helpful resources:

Fire Resources for Realtors®

·        C.A.R. Disaster Relief

General Fire Resources

·        California Department of Forestry and Fire Protection (CAL FIRE) website

·        Fire Incidents Map

·        Evacuation Checklist

·        Air Quality Information

·        Wildfire Relief Funds


Posted on August 24, 2020 at 6:26 pm
Lynne (Watanabe) MacFarlane | Posted in Alameda, Homeowners, SAN MATEO COUNTY, SANTA CLARA COUNTY, Santa Cruz County, Video | Tagged , , , , , , ,

House Hunter Wednesday 8/19/2020 featuring 3063 Woodcrest – Cambrian 95118 [Video]

It’s been a red hot sellers market here in the SF Bay Area and for a few of my buyers, who have trouble seeing property during the weekday, it’s often too late to preview by the time all offers are due!  – Yes,  houses are flying and for buyers it can feel discouraging to see a property that you absolutely love, but disappear!  Popular single family homes will often have multiple offers and offers will be made sometimes sight-unseen, and without contingencies, it’s an aggressive move.  Buyers need education and preparation in this market and I can help you win an offer!

I am here to help folks understand the real estate market of each community of interest and educate with comparable properties and together discuss your likes and characteristics of  a desired home.  As a digital savvy realtor I  show clients homes that are on the market, coming to market and off-MLS. Learn more about the benefits I bring to my clients here.

–  –

Today we visit a modern farmhouse 3 bedroom, 2 bath 1,284 SqFt, with my favorite part of the house, the 6186 Square Foot Lot with raised garden beds to fulfill your farmer soul dreams with fruit trees, drip irrigation.

It’s a single family home in the Cambrian neighborhood in San Jose 95118.

  • Offered at $1,284,000

Schools:

  • Reed Elementary
  • John Muir Middle School
  • Pioneer High School (according to GreatSchools.com)

Listing by Ryan Hatfich

Let’s bring in an offer for this great neighborhood home! Private tours only following COVID19 guidelines – Serious buyers for private tours only. Let’s schedule a consultation to discuss your needs and lock you in a great record low mortgage rate in today’s hot real estate market in the Bay Area market.

Lynne MacFarlane Homes

831.346.2743 text/voice Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate Intero | A Berkshire Hathaway Affiliate

831.346.2743 text/voice

lmacfarlane @ intero.com


Posted on August 19, 2020 at 2:49 pm
Lynne (Watanabe) MacFarlane | Posted in Cambrian, Video | Tagged , , ,

Why Search For Multi-Generational Housing In The SF Bay Area [Video]

Lynne MacFarlane Homes

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate

Intero | A Berkshire Hathaway Affiliate

phone 831.346.2743

DRE# 02066698


Posted on August 14, 2020 at 12:15 am
Lynne (Watanabe) MacFarlane | Posted in Housing Market, multigenerational, Retirement, seniors, SRES, trends | Tagged , , , , , , , ,

Strong Demand for Housing Continues Despite COVID

Here’s the latest from MLSListings Silicon Valley and Coastal Regions

– Single-Family Homes Market OverviewJuly Market Stat in the SF Bay Area 5 Counties

The SF Bay Area real estate market continued to show its strength during July, even in the midst of the COVID19 pandemic.

Median prices again rose across all five MLSListings counties compared to July 2019; the lowest gain was 7% in Santa Clara County, and the highest increase in median price was 19% in San Benito County.

Closed sales remained robust across the board, both month-over-month and year-over year.

Further displaying this resilience, median days on market dropped in every county except for San Benito and new listings coming on the market grew versus last year in all counties except for Santa Cruz.

 

Inventory stayed problematic in all counties, with 4 out of five counties showing year-over-year decreases.

Santa Clara’s inventory is 1/3 less than this time last year and Santa Cruz inventory is down by 35%.

While San Mateo showed a modest 12% gain in inventory, it is still at historically low levels.

Even with the strong demand, premiums paid (amount paid over asking) is close to 100% in all counties and steady with both last month and last year in all counties except for San Mateo, which saw a 4% drop in average premium paid, from 105% of list last year to 101% of list this year.


Posted on August 12, 2020 at 11:14 pm
Lynne (Watanabe) MacFarlane | Posted in Housing Market, MONTEREY COUNTY, SAN MATEO COUNTY, SANTA CLARA COUNTY, Santa Cruz County | Tagged , , , , , , ,

Our Life in 2020 [Original Video]

We’re all trying to figure out life during this health crisis. We all have different needs, our priorities have shifted and our lives have been permanently been effected. We’ve learned how much our lives are intertwined with services, businesses but most importantly, our friends and family. How has your life changed since March 2020?

My focus is helping others in transition so that they can focus on what’s important in their lives.

I’ve experienced multiple transitions in my life and I know that when one must make a move, it is not easy AND the last thing you want to worry about is the physical move (prepping a home, the sale of a home, where will I live, etc…)

If you’re considering a move and change in life, feel free to reach out, we can talk over the phone or on a Zoom or Facetime chat. I can assist with not only the sale of your home (and educate you about the real estate market and home’s worth) but help plan what’s the next steps and discuss your options. I’m a Professional Fiduciary Association California ( #PFAC) affiliate member and a senior resource specialist in real estate #SRES ready to help you or family members. 

Lynne MacFarlane Homes

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate

Intero | A Berkshire Hathaway Affiliate

phone 831.346.2743

DRE# 02066698

www.lynnemacfarlane.com 

https://www.instagram.com/lynnemacfar…

https://www.facebook.com/LynneMacFarl…

https://twitter.com/lynnewatanabe

https://twitter.com/CapitolaHomes

https://bit.ly/LynneYouTubeChannel


Posted on August 12, 2020 at 2:40 pm
Lynne (Watanabe) MacFarlane | Posted in Buyers, Homeowners, SRES, Video | Tagged , , , , , , ,

Santa Clara Co. Real Estate Market – Shift From Condos to Single Family Homes/Suburbs

Lynne MacFarlane - Shift from Condos to single family homes

 

Lynne MacFarlane, Realtor Real Estate Market in Santa Clara County

It’s been a hot market recently, with a sharp decline during Shelter-In-Place (March 16th), but incline of showing interest (only with a July 4th dip), then back to climb.

Would you like information about your neighborhood? Sign Up!


 

Please let me know how you and your family are doing during this health crisis. I am a Professional Fiduciary Association of California of the Silicon Valley chapter affiliate member and a Senior Real Estate Specialist but mostly you’ll appreciate my wide resources and contacts to help you get the help for your family needs.

I’m here for you. Love to hear from you. Cheers

(831) 346-2743 text/voice

LMACFARLANE@intero.com 

Lynne MacFarlane, Realtor - Together, we got this!


Posted on August 6, 2020 at 1:58 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY, Sellers Market | Tagged , , , , , ,