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 , , , , , , , ,

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 

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

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