California Propositions That Might Effect You As Homeowners & Investors

I don’t endorse any of the following propositions below, but I do hope everyone is aware and encourage folks to vote and learn how each may effect, benefit or negatively impact your private residence, or investment property. Please ask your tax or financial advisor on how these proposition can impact you.

California Propositions

 


Posted on October 21, 2020 at 4:12 pm
Lynne (Watanabe) MacFarlane | Posted in Sellers, seniors, Tax | 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 , , , , , , , ,

Multi-Generational Housing On The Rise And Co-Living Arrangements In The SF Bay Area

San Jose - Sunnyvale - Santa Clara Shared Households

In recent years co-living has gained popularity not only in younger 20’s demographics, but attracting popularity for 50+ Boomer generation. Typically, seniors who opt for the co-living lifestyle as homeowners enjoy additional income from roommates and companionship!

What’s the difference between Co-Living versus Co-Housing?

In co-living people without family ties choose to cohabitate in a single dwelling. Typically, each resident has a private bedroom but other rooms (such as kitchen, laundry room, family room) are considered shared common spaces. In a co-housing community, each individual or family has an independent living unit (single family home, condo or apt) and they might share common facilities such as pools, a library, conference or fitness space.

Silver Tsunami

In the SF Bay Area we know that the lack of affordable housing is difficult as it can hit the senior population hard. As the ‘Silver Tsunami’ and senior households continues to expand over the next two decades, households in their 80’s will be the fastest-growing age group according to the Joint Center for Housing Studies of Harvard University. Many of those households already face cost burdens.

Santa Cruz, Watsonville Shared Housing

Santa Cruz – Watsonville Share of Households age 65+ www.jchs.harvard.edu

As the cost of senior communities continue to rise, along with visitation restrictions which COVID19 has placed on family members not being allowed into these senior communities, the desire for multi-generational housing continues to escalate. These are hard questions all families must decided what is important to them. Families are looking for more options as our lifestyle has shifted during these stressful health crisis times our community and family interdependence has become of greater necessity.

What are Co-Living Advantages?

  1. Sharing household responsibilities can lessen the load and housemates can have complimentary benefits such as one roommate’s ability to drive to the store and another can prep food and cook. This might allow individuals to live independent and active lives.
  2. Fewer seniors own their own homes these days, more are likely to have a mortgage or even a second mortgage. Co-living can help homeowners afford to stay in their home but creating passive income with rent. Sharing space means dividing up utility costs and home maintenance expenses too.
  3. Loneliness is one aspect of aging-in-place that co-living can help remedy. A sense of belonging and community can be nurtured with scheduled co-living events such as “Italian Night!” and plan cooking a dinner while playing Italian opera and watch a favorite Italian movie!

Preventing Co-Living Conflicts

Create a written agreement outlining who pays for what and when. Housemates with declining cognitive abilities and/or mobility issues can make living together difficult so a mutually agreed upon rental contract will help avoid co-living conflicts.

Make sure to interview to find the right fit housemate. Look for someone who is financially stable, and shares your interest, values and lifestyle. Always discuss privacy expectations and do consider looking outside an age range. When meeting with a prospective roommate for the first time, always meet in a neutral public location for safety reasons. Get references from previous roommates and consider a background check and credit check; protect oneself.

Consider a trial period and see if all personalities get along! Will pets or habits become irritating after two weeks? Will you need to consider ‘overnight guests’ and does each roommate need to seek permission and could this be considered an invasion of privacy for some? Some people need more privacy than others and having a written agreement can help communication and expectation.

It can be a wonderful experience co-living with others. Co-living can be multi-generational or the same age, but whatever one decides to do I hope you’ll enjoy the company and appreciate your differences!

** Looking for a Multi-Family Home? Click here for a Search for Single Family Homes with 5+ bedrooms, CA

If you’re interested in other cities, let me know, I can set-up your customized search to assist your needs.

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 July 26, 2020 at 2:59 pm
Lynne (Watanabe) MacFarlane | Posted in Economy, Housing Market, investors, MONTEREY COUNTY, multigenerational, SANTA CLARA COUNTY, Santa Cruz County, seniors, SRES, Sunnyvale, trends | Tagged , , , , , , , , , , , , ,

The Need For Estate Planning

If you have any questions, feel free to reach out and contact me

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate

Intero | A Berkshire Hathaway Affiliate

phone 831.346.2743

DRE# 02066698

 

 

 

 

Lynne MacFarlane is a member of Professional Fiduciary Association of California affiliate member

 


Posted on July 8, 2020 at 6:54 am
Lynne (Watanabe) MacFarlane | Posted in multigenerational, Retirement, seniors | Tagged , , ,

Highlighting The Essential Business Of Caregiving (Video Interview with Home Instead, Leslie Kefer)

As a Senior Real Estate Specialist (SRES), part of my expertise is to introduce features of a home for “Aging in Place” to prospective clients. I often introduce local businesses to clients which can extend living at home longer. As we all shelter in place, we’re learning that the senior population requires more care and assistance during this pandemic. It’s necessary to learn what resources are available to fit you and your family’s needs during this time of crisis. In this video, I interview Leslie Kefer, Director of Home Instead, covering the San Francisco Mid-Peninsula (Belmont, San Carlos, Redwood City, Palo Alto and Mountain View); she explains the process of hiring a professional caregiver and what necessary precautions it takes to continue business during shelter in place.

If you have any questions about caregiving needs, please reach out to either Leslie or me.

Leslie Kefer, Home Instead Senior Care (650) 691-9671

Thanks!

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor
PFAC Silicon Valley Affiliate
Intero | A Berkshire Hathaway Affiliate
phone 831.346.2743 mobile
lmacfarlane @ Intero.com DRE# 02066698

 

Lynne MacFarlane Homes


Posted on May 19, 2020 at 4:21 am
Lynne (Watanabe) MacFarlane | Posted in Community Stories, SANTA CLARA COUNTY, seniors, Shelter in place, SRES, Sunnyvale | Tagged , , , , , , , , ,

Lynne MacFarlane, Realtor with Senior Real Estate Specialist Training

Lynne MacFarlane, SRESMany of you know that I previous worked as Community Liaison for Home Care Assistance, enjoyed working with senior communities and taught HCA’s Cognitive Therapeutic classes, so it’s no big surprise that I’ve been working on my SRES designation (Senior Real Estate Specialists) allowing me to guide homebuyers and sellers through major financial and lifestyle transitions. I can draw from my network of professional contacts that focus on client care (such as tax counselors, financial advisers, estate planners, etc.) Along with my Professional Fiduciary Association of California (PFAC) membership since 2016, I’m happy to refer vetted professionals in the healthcare community & personal home services in the entire SF Bay Area and throughout California.

If you know anyone who needs any help at all, I’m here. Cheers!
Intero logo


Posted on April 19, 2020 at 1:07 pm
Lynne (Watanabe) MacFarlane | Posted in Advance Real Estate Education, seniors, SRES | Tagged , , , , ,

Cities Where Homeowners Haven’t Moved in Decades

When it comes to planting roots, San Francisco area homeowners have some of the deepest in the country (who can really blame homeowners for not moving when they have all of that beautiful California sunshine to soak in?) ☀️

Can you guess which Bay Area City ranked #2 after Detroit?

Find out more in this article from 55 Places.com click here.

Let me know if you or someone you know needs resources to “age in place” I would be happy to help! I have a great network of senior healthcare providers and affiliate services who can help provide a comfortable and safe environment if you chose to stay in your home for 30, 40 or more years!

Lynne MacFarlane HomesLynne MacFarlane, Realtor

(831) 346.2743 text/voice

lmacfarlane@intero.com


Posted on February 6, 2020 at 4:43 am
Lynne (Watanabe) MacFarlane | Posted in Articles, Retirement, seniors | Tagged , ,

Moving into or out of the Bay Area?

Is it time to move to a bigger home across town or out of the city?

According to new census data more than 86,000 people left California for Texas, nearly 70,000 left for Arizona and about 55,000 left for Washington state.

INTERO RELOCATION SERVICES

Let Intero Real Estate Services handle all of the details of finding your new home. I’ll be a part of your team that will help with your relocation and make your transition as easy as possible. I will work with you one-on-one to make sure you land in the right neighborhood, price range and house style for your family—whether you want to buy, sell or rent.

 

 

Our relocation services include:

  • Area Orientations
  • Corporate Inventory Management
  • Group Moves
  • Home Purchase Assistance
  • Home Sale Assistance
  • Rental Assistance

You’ll be amazed by the world-class amenities the San Francisco Bay Area has to offer that include major league sports, museums, restaurants and art events. And coupled with a wide selection of properties and neighborhoods that I can help you choose from, my team and I can make the Bay Area a place you will love to call home!

Let’s get together and start your search today

If you are considering making a change, I can help you learn about your options and help with the transition.

Now’s the time to start planning.

Let’s discuss your move today and make it happen for 2020!

(831) 346-2743 

lmacfarlane@intero.com

 

Lynne MacFarlane Homes

 


Posted on December 19, 2019 at 9:48 pm
Lynne (Watanabe) MacFarlane | Posted in Relocation, Retirement, seniors, trends | Tagged , , , , , , , ,

Open House for Active Senior Living at Exclusive Menlo Commons! April 20th 1:30PM

Any Stanford University Alumni, Stanford, PaloAlto or MenloPark residents ready to downsize in luxury, yet keep the active and stimulating lifestyle of living in town?

Welcome to my Open House at 2140 Santa Cruz Avenue,D107, Menlo Park 94025 tomorrow April 20th from 1:30PM – 4:30 PM

At the exclusive Menlo Commons and you/ your parents will enjoy the turnkey lifestyle of living near the university and Stanford Shopping in this 55+ Active Community with Pool (grandkids are of course welcome!) Fully remodeled with the best view of the complex, come see for yourself and bring your family! Happy Easter and hop to it, make your offer, price was reduced and it won’t last long. Bring your family and have a great weekend! Feel free to call me at 831.346.2743 for a private showing. Lynne


Posted on April 19, 2019 at 7:15 pm
Lynne (Watanabe) MacFarlane | Posted in Menlo Park, Open House, Palo Alto, seniors, Weekend Beat | Tagged , , , , , , , , , , , ,

Yu Ai Kai’s 45th Anniversary Celebration

One of San Jose’s Japantown treasures is the Japanese American senior center, Yu Ai Kai. We celebrated it’s 45th anniversary with an evening gala of festivities including entertainment by the San Jose Taiko, ukelele performance by Hawaiian native, Herb Ohta, Jr. and keynote speaker, gold medalist U.S. Figure Skating champion, Kristi Yamaguchi. It was an opportunity to thank the community that has played an important and vital role in their vision to empower seniors to age well and thrive in our community.

The theme of “bridging Generations” reflects the hope that younger generations will be inspired by this community spirit to bring their energy and ideas to keep Yu Ai Kai’s vision vibrant for the next 45 years and beyond!

 

 


Posted on March 18, 2019 at 6:32 pm
Lynne (Watanabe) MacFarlane | Posted in Articles, San Jose, seniors, Uncategorized | Tagged ,