For owners at Santana Row, the potential to get back over $1000/SqFt is strong with any market pickup. For buyers with eyes on getting into the most well-known community in the South Bay, with rates low, now is an opportune time to do so.

Tim McMullenApril 3, 2020San Jose, santana row, Brett Burns

Why Now Might Be The Best Time To Sell A Property

What if we've hit the peak? We’ve been accustomed to there being no such thing as the Top Of The Market in the Bay Area, California for a very long time. Desirability has been at an all-time high since the dot com boom, the quality of life in the Bay is better than most other parts of the country, and 18 of the world’s Fortune 500 companies have their HQ in the San Francisco Bay Area.

Tim McMullenApril 3, 2020San Francisco, coronavirus, San Jose, Tim McMullen

How To Get Coronavirus Mortgage Relief

According to the Federal Housing Finance Agency (FHFA), your individual situation will determine your eligibility, whether your monthly mortgage payment will be reduced or paused, and how long the relief will last.

Tim McMullenMarch 24, 2020coronavirus, San Jose, San Francisco

The 88 | A Year In Review

The 88 had a total of 13 sales in 2019 and just 10 in 2018. While 2018 consisted of just 3 2-bedroom units sold, 2019 saw significantly more opportunity to land one of 8 2-bedroom sales at the first sign of lower prices year over year since a slight dip from 2015-16 and before that since 2012.

Tim McMullenMarch 20, 2020San Jose, Brett Burns

The Next 3 Sales..

It is imperative that listing agents fight to retain pre-coronavirus values in all properties selling this month and next. All it takes is one listing to sell for 5-10% below BC value to set the trend of a devalued real estate market.

Tim McMullenMarch 20, 2020San Jose, San Francisco, coronavirus, Tim McMullen

Axis | A Year In Review

Axis has seen an average of 20 units sold each year over the past 5 years. 2018 at Axis resulted in just 13 sales and 2019 saw the second-lowest number of sales in the past 5 years.

Tim McMullenMarch 15, 2020San Jose, Brett Burns

How to get a ‘deal’ in a hot market

When the market is on fire and there are multiple offers on nearly every property, getting a ‘deal’ may mean getting your offer accepted at all. There are no gifts in this market.. the bright side of these rapidly appreciating values is that, from the time you get your offer accepted to when you close escrow, you may have already gained some equity.

Tim McMullenMarch 6, 2020San Jose, San Francisco, Brett Burns

Selling in a Hot Market | How to Set a Record High

With the internet dictating how people find homes, there is a baseline amount of exposure the home will get simply by being on the market and the listing is published on the big sites buyers use to search for homes. But is it turning heads?

Mike GalvinFebruary 28, 2020San Jose, San Francisco

Should you buy a condo or a single family home?

While condo communities and complexes often allow buyers to get a bit more size or a better location than they would be able to afford in the single-family home market, the concern is valid. People want to know if getting a condo that suits their needs is going to pay off in the long run - especially when compared to buying a single-family residence (SFR) that may be smaller or farther away.

Mike GalvinFebruary 21, 2020San Jose, Brett Burns

What Makes a Good Real Estate Agent?

There are major companies being financed to attempt to swallow up the home buying and selling market-based solely on how much (or how little) they are charging. As margins for agent services become increasingly razor-thin, we’re seeing a trend in which agents don’t really care about clients - because they increasingly deal in volume. Thus, who is really winning in this situation?

Mike GalvinFebruary 14, 2020San Jose, San Francisco, Brett Burns

A Year in the San Jose Market

Kicking off 2020, San Jose’s real estate market is rapidly shifting and showing strong signs of returning to the ever familiar seller’s market from 2013-2018 with buyers galore and inventory lacking across all neighborhoods in virtually every price point.

Mike GalvinFebruary 5, 2020San Jose

The best deals come between Thanksgiving and the New Year

How to buy discounted property in San Francisco. Play the market timing to your advantage.

Tim McMullenNovember 29, 2019San Jose, San Francisco

California-Wide Rent Control Bill Passes

As of January 1st, 2020, the entire state of California will be rent-controlled. Assembly Bill 1482, signed by California Governor Gavin Newsom this week, mandates a 5% limit to rent increase year over year, in an attempt to decrease evictions and retain affordability throughout the state.

Tim McMullenNovember 14, 2019San Francisco, San Jose

How Do You Sell A Property Off-Market?

Ironically, the marketing process isn’t too different.

Tim McMullenOctober 29, 2019San Francisco, San Jose

Mixed Reality in the Real Estate Industry

For realtors, buying a client a birthday card or muffin basket was once considered to be superior service. Such gifts are now largely consigned to the past, as virtual and augmented reality offer realtors a futuristic way to add value to prospective buyers.

Mike GalvinSeptember 26, 2019San Francisco, San Jose

What is a Pocket (Off-Market) Listing?

What’s a pocket listing? The irony is, off market listings account for a good percentage of sales in most major markets around the U.S. with up to 30% of condominiums selling off market in San Francisco.

Tim McMullenAugust 15, 2019San Francisco, San Jose