Hope you and yours are doing well!
Wanted to keep you updated on the market … In some markets in the Bay Area growth has been extremely aggressive, in some cases as much as 10% or more in the month of March. My listing at 3761 Jamestown Rd, Fremont received 9 offers and is selling for a new record price in the neighborhood. I look forward to sharing more details with you once it closes next week!
And I will soon be bringing to the market my new listing … a very elegant home, minutes to Dumbarton, and with the much needed bed and bath downstairs! Stay tuned for more details and please feel free to call me if you or someone you know is actively looking …
For my buyers too this has been a challenging market … and one of my clients recently beat 15 offers to win the house!!! … As I’ve shared with you before this isn’t an easy market for buyers, yet, given that interest rates are supposed to increase a couple of times this year, I am happy for my clients … And if there’s anyone you know who needs a realtor who will go the extra mile for them please introduce me to them 🙂
Last but not least, this is Property Tax time and it will be past due after tomorrow, April 10th …
Have a great weekend!
PS: I am actively interviewing with potential clients for the Spring-Summer months – so please let me know if there’s someone I can help – Thank you!
Happy new Year 🙂 Hope the new year is treating you well!
The market has been truly interesting … inventory is very low and there is tremendous amount of activity from buyers … It is a great time to be a seller!
Even for buyers it is probably a good time to buy before interest rates hike up any further, and it is expected to in the coming months …
A note to all considering Solar Leases … If you plan to stay long term in your current home it’s probably a great idea. But two of my transactions this last year had speed bumps because buyers still have concerns regarding taking on something that is conceptually relatively new. I also faced a recent incident of East coast investors having a hard time approving the lease terms … and this despite Tesla/Solar City being as cooperative as possible.
As we start the new year I’d like this opportunity to thank you for your support always! Like in any other field, my work has it’s challenges, but it’s the people I serve that make all of it worth it – Thank you!
Lastly – this will be a special year 🙂 … when I started working in real estate mid 2011, I had this very ambitious goal of helping 100 families in 5 years … it’s more than 5 years now but I am still looking forward to that Happy Hundred … I’m at 82 and counting, so please let me know who you think I can help next!
Hope you all are doing well …
Wanted to keep you updated regarding the
real estate market here in the
Bay Area … As you might have heard, all over the
Bay Area inventory is historically low … Recently a house in Sunnyvale sold for close to $800,000 over asking and here’s some more on that story
Of course real estate is hyper local and different areas, neighborhoods, have their own dynamics …
In some ways it is a challenging time for buyers with the limited inventory … but since interest rates are still historically low, this is a good time to get off the fence and get started … in fact the market shows consistent growth year-to-year so prices and interest rates will probably inch up higher next year affecting the purchasing power of some buyers .. Here’s some graphs to show the limited inventory and consistent increase in prices in the different counties …
..For anyone looking for dedicated real estate service and proven results, I am here to help 🙂
Dear Friends, Family, and My Blog Readers,
Hope you all are doing well!
I wanted to take this opportunity to thank you – for your support, referrals, and encouraging words! Being an entrepreneur can be challenging at times, yet knowing that you all are there cheering me on is such a blessing – please continue to keep me in your positive thoughts 🙂
You have perhaps heard that I won the Grandmaster Award for 2015. Our local realtor association made the announcement in February … I’m happy that I was acknowledged and even more delighted in serving all the people I did … Each happy client makes me feel like a winner and the challenges we overcome together helps me grow …
I also wanted to remind you of a couple things:
a) For all those who bought a house this last year please remember you will probably be getting a Supplemental Tax bill – please note that you are responsible for that too.
b) Property Tax due date is coming up – the last date is April 10th …
c) In case you would like to set up an appointment with a CPA (and I highly recommend that for the first year of home purchase at least) – please let me know if you need a recommendation – CPAs are extremely busy this time of the year and by April are drowned in work …
Each of you inspire me in your unique way – And I wanted to share with you about one of my friends who is helping raise awareness about Heart Health … This is a huge concern within the South Asian Community since there’s a higher incidence of diabetes and heart disease. Please help spread the word and consider attending the Scarlet Night Annual Fundraiser in support.
Last but not the least, I love helping people, so please continue to connect me to anyone you know who may be buying or selling in the coming months. I promise the best in Negotiations, Marketing, and will come up with solutions to make it a Win-Win 🙂
Your Realtor, Rini
They say it takes a village to raise a child … I believe that we may grow up (yes it’s a choice) but we still need that village 🙂 … especially for those of us who traveled many seas to anchor in a distant land … In many ways I feel blessed that real estate has often offered me that opportunity to bring people together … It’s a joy to see strangers become friends over the years, support each other through challenges, and become part of each others village.
This was Spring/Summer a few years ago and I was busy showing my brood of clients homes in the South Bay … A condo popped up in a building I had sold in the year before and I asked one of my clients looking in that area if he’d be interested to see it… Mmm, only if there was one available on the top floor … I kept my fingers crossed and yes in a week or so there was another one listed AND on the top floor!
Even before we went to see the condo, I promised him friends if he were to live there :)) … I was pretty sure that my past client who lived in that building and her friends would happily welcome him to their village … We did a tour of the property and just as we were leaving the gated community someone called out my name … Yes one of the friends I was planning to introduce my client too 🙂 … It was serendipitous that she was right there at the time, helped answer his questions about commute etc, and in general made him feel welcome … And Yes it was a multiple offer scenario but he did win the house!!!
I have introduced families to other families so that the kids can make friends in a new neighborhood. As adults we stop articulating as simply and spontaneously as kids do -yet seeing these wonderful people interact that day, and support each other over the years has brought immense joy to me … may your hearts be warm, your village strong, and you always have friends …