Greetings! we hope you enjoy this month’s Real Estate & local update. Featuring important news articles, Bay Area market reports, and featured listings! Scroll down to find out what else is new. |
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With so few houses for sale, sellers are poised to win big!!
Many homeowners may want to upgrade but do not for fear that they will be unable to find a home to buy, preventing more supply from reaching the market and exacerbating the lack of inventory. As a result, competing buyers are willing to go the extra mile to secure your house, which means you’ll likely get to set the terms that work best for you! Contact us today to learn more about the selling process in today’s market. 🔥💯
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Mortgage rates should remain very low throughout 2021...
...although we may have seen the lowest already. Since reaching a low point in January, the impact on purchase demand has been noticeable. For buyers in San Francisco and the entire Bay Area, mortgage rates are still low (hovering near 3.0%) as compared to last year's average rate. Thus, this is a good time for buyers to enter the market and scoop up their dream home! 🏠📉
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Bay Area Housing Market Trends |
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Below is the latest tabulated housing market report for the entire Bay Area release by the California Association of Realtors. The tabulated report shows the sales and prices of the Bay Area counties for April 2021. Much of the Bay Area real estate market remains firmly in “seller's market” territory with months of supply of available single-family homes being 1.3. |
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JUST LISTED!
4 beds 2 baths 1,809 sqft
Thoughtfully designed with attention to detail this move-in-ready home features an expansive inviting floor plan offering tranquility & space. An incredible opportunity awaits! 😎
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COMING SOON
7033 Morgan Territory, Livermore
8 beds 12 baths 11,778 sqft
Stunning Estate On 92+ Acres With Breath Taking Panoramic Views is a MUST SEE! Formal dining, wet bar & more! The pure definition of an Entertainer's delight! Soaring ceilings & recessed lighting throughout. 😍
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KELLY'S KORNER
ASK KELLY QUESTIONS!
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Q: Which San Francisco neighborhood should I be looking to invest in?
A: Thank you for your question! At the moment, you can drop a pin in Mission Dolores and look out from there. Outer Richmond, Outer Sunset, Merced, then-District 10, being Portola, Excelsior, Bayview. The more you go on the outskirts of the city, the better deal you get. We’re the only city in the world where it gets cheaper to live closer to the beach! 😎
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HOTTEST RESTAURANTS
NOTEWORTHY RESTAURANTS IN THE BAY AREA
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Lou’s Takeaway
621A Del Ganado Rd., San Rafael
A petite parking lot eatery produces imaginative, globally inspired cuisine. Serving food that comforts, nourishes, and excites the senses. The restaurant doesn’t do delivery or online ordering; diners must order takeout at the counter or over the phone. For now, Lou’s is takeout-only.
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Red Chillies
167 S. Main St., Milpitas
Aromatic crab masala, flaky flatbreads, and other Keralan specialties star here. Normally, Red Chillies' Sunday buffet is its blockbuster event, with local families lining up to pile flaky parathas and aromatic fish curries onto their plates.
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SF HISTORY
A BITE-SIZE HISTORY OF SAN FRANCISCO
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The Dutch Windmill is northern of two functioning windmills, the other being Murphy Windmill, on the western edge of Golden Gate Park in San Francisco, California. It was completed in 1903 and placed on the San Francisco Designated Landmark list on December 6, 1981. In the 1870s and 1880s, Golden Gate Park was planted on sand dunes and required substantial irrigation. In 1902, the Park Commission authorized the construction of two windmills to pump groundwater for park irrigation rather than purchasing water at exorbitant costs from the Spring Valley Water Company. The Dutch Mill was completed one year later and pumped 30,000 gallons per hour. Source: Wikipedia.org |
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Thank you for your time reading this email , and stay healthy and safe! |
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Steven
Team Leader
steven@minchenteam.com
415-690-0352
CalBRE# 01367542
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Kelly
Team Leader
kelly@minchenteam.com
415-619-1728
CalBRE# 01811086
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Real Estate & Local Newsletter — June 2021
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