SANTA CLARA COUNTY August 26, 2020

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

BuyersHomeownersSRESVideo August 12, 2020

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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https://bit.ly/LynneYouTubeChannel

SANTA CLARA COUNTY July 13, 2020

Know Why Tech Hubs in the S.F. Bay Area / Silicon Valley Have Edge in the Housing Recovery

Tech Hubs, such as #SanJose, #Sunnyvale, #santaclaracounty may have the edge in the housing recovery. “New supply” and “pace of sales” remained below during COVID19/SIP January, but in the West Coast, by June 21, it surpasses and continues to lead the recovery with the overall index now visibly above the pre-COVID benchmark.

What’s Driving Our Recovery?

1) Weather 2) COVID-19 containment 3) Economic resilience are three key factors driving regional differences in the housing recovery.

Realtor’s previous study about the spread of COVID-19 is closely linked to the housing slowdown, with markets with higher cases per capita more likely to see a bigger impact on supply and the pace of sales. It found that the speed and sustainability of the reopening, and each market’s ability to contain COVID-19, are dictating the speed of recovery across the regions.

Lynne MacFarlane, MCDM, SRES Reatlor blogs about market data happening during CVD-19 / SIP in Silicon Valley

Resilient economies may have an edge in the housing recovery, and areas with strong job markets before COVID-19, especially those with thriving #tech sectors, are seeing buyers and sellers reconnect faster than the rest of the country.

Lynne MacFarlane, Realtor discusses why Tech Hubs are helping to pull the real estate market strong

Yep, “West Coast rocks!” says this proud NorCal gal! 🙂

If you have any questions, or looking to relocate and would like any market stats or reports about schools in your desired area, I’m always happy to assist you in your next transition or move.

Lynne MacFarlane Homes

BuyersWhy buy May 30, 2020

Prosperity Home Mortgage – Interview with Rashel Yadegari [Video]

Today I interviewed Rashel Yadegari, Prosperity Home Mortgage as we discuss the common lending myths in the home buying process. If you have any questions with the lending process, please don’t hesitate to contact me or Rashel. Hope you enjoy my interview, as it is meant to be a open conversation and an ongoing discussion; I believe it’s best be informed so you can make smarter decisions.

Rashel Yadegari, Prosperity Home Morgage, Mortgage Consultant
NMLSR ID: 1246397
Cell: 408-912-0570
email: Rashel.Yadegari@phmloans.com

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor
PFAC Silicon Valley affiliate
Intero | A Berkshire Hathaway Affiliate
phone 831.346.2743
DRE# 02066698
www.Intero.com | facebook | linkedin | blog | videos| luxury home collection | committed to our community

Thanks for your interest!

Lynne MacFarlane Homes

Market ReportMONTEREY COUNTYSAN MATEO COUNTYSANTA CLARA COUNTYSanta Cruz CountyShelter in placeVideo April 8, 2020

SF Bay Area Real Estate Market Doesn’t Stop After Shelter-In-Place

Lynne MacFarlane Homes - blog post SIP daily stats

The San Francisco Bay Area real estate market had begun to rebound in the first two months of the year 2020, with strong buyer demand, often with multiple offers, after a flattening of prices in 2019. But the shelter-in-place (SIP) and stock market tumble caused by uncertainty of the pandemic slowed  listings and sales.

Just last week real estate agents and other professionals who are deemed as ‘essential workers’ are allowed to work with the CDC guidelines. With these new strict guidelines real estate agents can not show open houses, give tours and must not show homes with sellers who are still residents of the property. Empty residential properties can be shown with a single agent and with only two prospective buyers. Virtual tours using video (real-time or recorded) is highly encouraged (more on Virtual Agents here).

As one can suspect, this has caused much disruption in the buying and selling of homes but it has not prevented sales by any means! Here’s a snapshot of the most important metrics to keep you informed on the real estate landscape, it includes sold homes, new listings, Transactions Fell Through (TFT) and withdrawn homes. These graphs are gathered and summarized for all five MLSListings’ Counties (San Mateo, Santa Clara, Monterey, San Benito and Santa Cruz Counties) by Aculist/ MLSListings.

Lynne MacFarlane Homes - Discussing Shelter in Place data for real estate trends

Interesting to note is that despite the fact that there is a -25% difference between last year and this year’s new properties on the market, there is -14% difference of sold. This could be because it usually lags 30 days (entered escrow around that time). But not surprising we see an increase of TFT (40%), cancelled (34%) and withdrawn (87%) from last year.

Lynne MacFarlane, Realtor - Shelter in Place discussion

Here we see a big difference between the new 2019 listings in blue vs. the new 2020 listings in orange after SIP.

Lynne MacFarlane, MCDM, PFAC affiliate and realtor discusses the real estate market before, during and after sheltering in place in Silicon Valley and Monterey Counties.

Here we find a fairly regular pattern between the sold listings in 2019 vs  2020 (by the week). It will be very interesting to note what will happen in the next two weeks.

Until then we wish you good health and take the necessary precautions to keep you and your family well!

Lynne MacFarlane Explains Shelter in place with a troll

 

Questions? Text me if you have any plans on selling, buying or investing in 2020. Feel free to ask for a complimentary market analysis and we can discuss your needs!

(831) 346-2743 text/voice anytime

lmacfarlane@intero.com

Lynne MacFarlane Homes

If you want to know what’s going on in the market, sign up here!

ArticlesEconomyHomeownersMONTEREY COUNTYReal EstateSAN MATEO COUNTYSANTA CLARA COUNTYSanta Cruz County March 23, 2020

Will The Corona Virus Create A Housing Crisis …And Our New Norms

Lynne MacFarlane, Realtor - Together, we got this!

I provide a Home & Lifestyle Consultation to prepare what buyers want now! Today’s modern savvy realtor uses virtual real estate technologies. I provide what buyers and sellers truly want in experience and safety. Click on image to learn more!

Concerns about the impact COVID-19 will have on the global and local economy are real. They’re scary too as the health and wellness of our friends, families, and loved ones are high on everyone’s emotional radar.

While we don’t know the exact impact the virus will have on the housing market, we do know that housing isn’t the driver as it was in 2008.

Lynne MacFarlane Realtor explains

A Recession Does Not Equal A Housing Crisis:

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.

As our country begins to collectively roll out shelter in place, I hope we can come together, take the time to share gratitude; let’s remember that this will pass. As a country we’ve experienced multiple divisive events such as Civil War, WWII, and more recent traumatic events as 9/11. The concerns about an impending recession are real, but housing isn’t the driver. During the Dot.com bubble starting in late 90’s, a period of massive growth of Internet & telcos, in 2002 (the dot.bomb) I personally would have lost my entire wealth because I was young (& mostly naive)  never imagined stocks could crash! The only thing that helped preserve it was a little Los Altos house we divested. I sure am grateful for owning real estate – I am not a financial planner by any means, but I am conservative and because I’ve seen these recessions I advise my buyers to diversify their portfolios; try to have 6 months to a year’s worth of savings, have savings that are a mix of stocks, bonds, mutual funds but work towards owning property.  the SF Bay Area our homes are not only places to live, but a wonderful wealth generating asset over time. With our current ongoing global uncertainty, including a U.S. stock market correction, no one could have seen coming. We first should do what’s best for our country, and for our families and that is to take care of one another. 

Let’s fight this COVID-19 epidemic together by staying indoors & practicing social distancing, and checking up on loved ones and neighbors. 

 

Lynne MacFarlane says "No Dancing"

Take care of your needs now & let me know if I can help in anyway!

We’ve got this!

Lynne MacFarlane Homes

 

Lynne MacFarlane, MCDM, Realtor, PFAC affiliate

DRE# 02066698

(831) 346-2743 text/voice anytime

 

CapitolaOpen House October 4, 2019

Capitola Open House at 2167 Francesco Cir – 3 BD, 3 BA [VIDEO]

2167 Francesco Cir – Capitola Open House!
Saturday and Sunday 10/5 – 10/6 from 1-4PM
3 BD, 3 BA 1,690 SQFT, 3,180 SQFT Lot
This home is beautiful turn-key  home ready for you to enjoy living the casual sunny lifestyle that Capitola has to offer! Low maintenance,1700 sq ft,tastefully remodeled to suit a comfortable life style. Custom Gourmet Kitchen w/stainless steel Wolf & Bosch appliances, Blanco sink,Granite slab counters, marble backsplash & travertine floor,Clean white cabinets & breakfast bar,open bright floorplan w/high ceilings on both levels,while many windows invite the cool ocean breeze to flow through making it a relaxing beach retreat.BEST house &one of largest LOT in neighborhood.Three spacious bedrooms, PLUS a den,a cozy wood burning fireplace and landscaped back yard with 6 fruit trees and a soothing water feature are just a few other comforts you’ll enjoy. Of course, living in this conveniently located neighborhood creates a wonderful lifestyle within a very short distance to the beach, surfing, fine dining, shopping, wine tasting, entertainment & the brand new Capitola Library just behind the home.

Welcome Home!

For more information: https://lynnemacfarlane.realscout.com/homesearch/listings/p-2167-francesco-cir-capitola-95010-mlslistings-39

For a private visit please call 831.346.2743 Lynne

Lynne MacFarlane Homes

Accessory Dwelling UnitsEventsSunnyvale August 17, 2019

Small Homes, Big Impact: ADU Resource Fair [Video]

 

I’ll be the host realtor at the ADU Resource Fair presented by The Housing Trust SiliconValley and AARP California, Aug 17 from 1:30 -4PM. You’ll learn how to obtain a building permit, topics about constructing an ADU and various options, lending inquries and more! Join us for an educational day.
#ADU #HousingTrustSilicon#SmallHomesBigImpact