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Kathy and Michael Rain - The Rain Team

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Tips And Trends For Homeowners, Buyers And Sellers

by Kathy and Michael Rain - The Rain Team


 

It pays to know! So, what's your home's value?

by Kathy and Michael Rain - The Rain Team

Price it for a Competitive Market

by Kathy and Michael Rain - The Rain Team

By Mike James

The real estate market in Northern California is seeing varying activity depending on the counties, cities, neighborhoods and homes. This issue of Market Watch is a strong indicator of this shifting dynamic. Competitively-priced homes in any range are expected to sell steadily and swiftly, and properties under $750K are not sitting on the market for long. The sub-$750K homes are also seeing tighter inventories than higher-priced homes.

With additional inventory expected to appear over the coming days and weeks of summer, buyers who have been waiting for new listings will be competing for homes that are priced right and primed to sell. Sellers testing the market with listing prices above the competitive range will see their homes sitting longer, and the perception among buyers will be unfavorable. It’s critical even in this market to list at the right price for the county, city, neighborhood and home. Now more than ever, sellers and their agents need to be mindful in determining a listing price.

Hot markets like San Francisco will continue to experience more buyers competing for less properties, which will drive up closing prices significantly in desirable communities. Here’s what was happening in our local Northern California offices since the last issue of Market Watch:

 

East Bay – In the Berkeley area there has been a steady increase of both listing inventory and sales activity. Some of the largest markets in the region include Oakland with 248 available properties and 279 under contract; Richmond/El Sobrante with 81 active houses and 94 under contract. Pleasanton has also seen steady listing inventory increasing by 22 properties.

El Dorado County – El Dorado Hills has solid inventory at the high-end market. Although properties are selling, some are overpriced due to the message of an inventory shortage. There have been multiple offers on properties under $500,000 and cash proves king in this range.

Monterey County – Monterey launched Coldwell Banker Global Luxury since the last update and it has been well received. The high-end market had recent price adjustments of $1-3 million. The mid-range market has slower activity at open houses, limited listings and tight supply. However, the market is expected to pick up as we enter summer and more listings appear.

North Bay –  North Bay has seen a market favoring sellers, driven by demand and an increase in sales activity. Areas such as Marin saw homes going 15-22 percent over asking price. With approximately 365 available properties, only 65 are listed under $1 million. Although Santa Rosa Bicentennial had an increase in sales activity, it also experienced a slowdown in offers.  The development indicates that the trend is home-specific in this area as opposed to a market indicator.

Placer County – Tahoe offices saw a decrease of approximately 18 percent in sales for luxury properties over $1 million from 2016. This is also reflected in the year over year sales; 2017 had 75 sales while 2016 sold 92 properties for the same period. The median sales price for luxury properties in 2017 is $1.4 million, a five percent decrease from 2016.  The average sale price of luxury homes in 2017 stands at $2.1 million compared to $2.3 million in 2016, an eight percent decrease. As more homes are expected to be listed, savvy buyers and investors will be searching over the coming weeks as mortgage interest rates remain favorable.

Sacramento County – Folsom has experienced increased listing inventory and an increase in sales activity with 35 ratified offers. Fair Oaks saw decreases in listing inventory and sales due to a surplus of sellers and a lack of buyers. In the $450,000 price range, there were multiple offers on properties indicating a continued sellers’ market. Elk Grove has seen a 12 percent increase in listings with a 25 percent increase in pending sales. Homes under $350,000 have been in especially high demand with less than .2 months of inventory.

San Francisco – San Francisco has had mixed results since the last update. SF Lakeside saw a slight slowdown in overall activity including open houses. SF Lombard had slowdowns in the $2.5-$3 million range and high-end markets. However, single family homes have remained hot with multiple offers and sales over asking price. SF Pacific Heights had tight inventory with decreased listings, but still had an increase in sales activity.

SF Peninsula Burlingame, Half Moon Bay and Menlo Park each saw steady listing inventory and steady sales activity, but with different results. Burlingame’s tight supply prompted multiple offers on properties and many sold above asking price. Half Moon Bay also had tight inventory and carefully managed pricing. Overpriced properties linger on the market and typically bring in lower offers, so appropriate pricing is key. Palo Alto had increased listings and sales, but comparisons show inventory and sales are down from 2016. Redwood City had a slight decrease in inventory and sales activity, but remains competitive. One local buyer finally purchased a home after losing out on 14 previous properties, so demand remains high for competitively priced homes. San Mateo saw an increase in listings and sales, a good sign for a hot summer sales season.

Santa Cruz County– In Santa Cruz, the price of high-end homes is currently $3-$4 million. Single family residences were in low supply with 320 active properties and demand remained steady. Overall, the county saw the number of properties that have gone into contract continue to be nearly as high as the number of new listings to the market.

Silicon Valley – Cupertino reported multiple pre-emptive offers with a hot market and high activity. Listing inventory and sales activity increased and the area ended the period with 30 ratified offers.

The Rain Team offers unparalleled service to ALL clients in San Mateo County, including areas such as Half Moon Bay,El Granada, Moss Beach, Montara, and Pacifica. Give us a call at (650) 888-6903 or contact us here to see how we can help you with all your real estate needs.

See the original article here.

 

Your Guide To Coastside Walking Trails

by Kathy and Michael Rain - The Rain Team

                                       

One of the great benefits of coastside living is enjoying the wonderful outdoors around us. We are avide hikers and enjoy many trails that surround us. There are a wide variety of trails in our area that are perfect to get out and enjoy. Here is your guide to the top coastside trails.

Devil’s Slide Coastal Trail –Located between Pacifica and Half Moon Bay,

Mori Point Trail- Located in Pacifica

Sweeney Ridge Trail- Located in Pacifica

Milagra Ridge-Located off Sharp Park Road in Pacifica

Half Moon Bay State Beach Waling Trails-  Coastal trails near Half Moon Bay

Rancho Corral de Tierra Trail- Located on the San Mateo peninsula/El Granada

600 Hikes In Bay Area- Great list of over 600 hikes in the Bay area        

Pacifica Trails- A great resource for trails, beaches and recreation in Pacifica

San Mateo County Real Estate Report

by Kathy and Michael Rain - The Rain Team

Below is the most recent San Mateo County Market Report summarizing recent real estate activity. Please keep in mind that the values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification on any of the figures or if you wish to take additional steps toward property ownership, please let us know. We are happy to help you feel free to contact us at 650-888-6903.

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81651981 0 Vicinity Higgins WAY PACIFICA   -/- $7,500,000 16
Active ML81650273 496 6th ST MONTARA 4 2/2 $3,750,000 28
Active ML81653869 800 Harmony WAY PACIFICA   -/- $2,748,000 2
Active ML81638788 0 Bay View RD MONTARA   -/- $2,649,000 109
Active ML81649270 203 Granelli AVE HALF MOON BAY 4 3/1 $2,375,000 32
Active ML81647815 243 Del Monte RD EL GRANADA 4 4/1 $2,300,000 43
Active ML81645824 770 Alta Vista RD MONTARA 6 5/1 $2,299,000 27
Active ML81651962 639 Santiago AVE EL GRANADA 4 3/- $2,200,000 16
Active ML81649718 15 Ashdown PL HALF MOON BAY 4 3/1 $2,150,000 30
Active ML81652141 2191 Bayhill CT HALF MOON BAY 4 3/1 $2,100,000 15
Active ML81652256 109 Carnoustie DR HALF MOON BAY 4 3/- $2,098,000 15
Active ML81648961 1300 Alamo ST MONTARA 5 3/- $2,000,000 28
Active ML81644521 152 West Point AVE EL GRANADA 3 2/1 $1,985,000 64
Active ML81644101 152 West Point AVE EL GRANADA   -/- $1,985,000 67
Active ML81647613 1 Tranquility PACIFICA 5 3/- $1,888,888 44
Active ML81652983 2910 Court Of San Marco HALF MOON BAY 5 5/- $1,780,000 9
Active ML81650159 2291 Winged Foot RD HALF MOON BAY 4 3/- $1,700,000 28
Active ML81652476 261 Bayhill RD HALF MOON BAY 4 3/- $1,678,950 14
Active ML81640456 654 Isabella AVE EL GRANADA 4 2/1 $1,599,000 70
Active ML81652485 132 Mckinney AVE PACIFICA 3 3/0 $1,475,000 6
Active ML81650754 406 Sevilla AVE EL GRANADA 4 3/- $1,280,000 24
Active ML81653379 452 Manor PLZ PACIFICA   -/- $1,250,000 7
Active ML81647690 1375 Birch ST MONTARA 3 3/1 $1,150,000 43
Active ML81652200 436 3rd ST MONTARA 3 2/- $1,099,000 15
Active ML81634430 314 11th ST MONTARA 3 2/1 $999,999 154
Active ML81653245 1075 Birch ST MONTARA 4 2/- $948,000 8
Active ML81653923 1028 Zamora DR PACIFICA 3 2/- $925,000 2
Active ML81651656 323 Heathcliff DR PACIFICA 4 2/- $900,000 17
Active ML81651449 366 11th ST MONTARA 3 2/- $899,000 19
Active ML81652965 296 Reichling AVE PACIFICA 3 2/0 $879,000 9
Active ML81652521 450 Metzgar ST HALF MOON BAY 3 2/- $869,000 13
Active ML81653097 8 Brookhaven CT PACIFICA 4 2/- $829,000 8
Active ML81652266 243 Nelson AVE PACIFICA 3 1/0 $824,969 15
Active ML81651155 743 Lockhaven DR PACIFICA 4 2/- $818,000 21
Active ML81652531 528 Del Mar AVE PACIFICA 3 1/- $799,000 12
Active ML81653277 706 Grandview BLVD HALF MOON BAY 3 1/1 $779,000 7
Active ML81649414 100 Troon WAY HALF MOON BAY 3 2/- $773,888 32
Active ML81649055 365 Rockaway Beach AVE PACIFICA 2 2/- $728,000 35
Active ML81650356 935 Fassler AVE PACIFICA 2 2/1 $719,000 27
Active ML81645019 000 West Point AVE EL GRANADA   -/- $689,500 61
Active ML81653255 1234 Rosita RD PACIFICA 2 1/1 $689,000 7
Active ML81650970 105 Santa Rosa AVE PACIFICA 1 1/- $679,000 23
Active ML81653251 1099 Oddstad BLVD PACIFICA 2 2/- $649,000 7
Active ML81641407 825 Edison ST MONTARA   -/- $625,000 87
Active ML81653425 1312 Poplar AVE PACIFICA 2 2/- $595,000 7
Active ML81652861 4 Sand Dunes CT HALF MOON BAY 2 2/- $399,000 10
Active ML81651587 18 Seascape DR HALF MOON BAY 2 2/- $384,900 8
Active ML81653718 2782 Pullman AVE HALF MOON BAY   -/- $349,000 3
Active ML81652245 0 Cabrillo Hwy MOSS BEACH   -/- $299,000 15
Active ML81644776 000 Sunshine Valley Road MOSS BEACH   -/- $249,900 63
Active ML81652652 0 Dolphine AVE EL GRANADA   -/- $150,000 11
Active ML81646294 270 Capistrano #44 HALF MOON BAY   -/- $99,000 52
Active ML81651071 21 Cranham CT PACIFICA 3 2/- $3,600 22
Active ML81642991 731 El Granada BLVD #Lower Unit EL GRANADA 2 1/- $3,250 75
Active ML81652669 1221 Palmetto AVE PACIFICA 1 1/- $3,200 11
Average       3 2/1 $1,301,783 29
High       6 5/2 $7,500,000 154
Low       1 1/1 $3,200 2

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81642002 97 Beach ST MOSS BEACH 3 2/- $2,895,000 71
Pending (Do Not Show) ML81645734 241 Cortez AVE HALF MOON BAY 5 3/0 $1,699,000 47
Pending (Do Not Show) ML81639769 1469 Perez DR PACIFICA 5 3/- $1,499,000 59
Pending (Do Not Show) ML81650434 236 Shoreview AVE PACIFICA 2 2/- $1,350,000 18
Pending (Do Not Show) ML81642069 522 Ferdinand AVE EL GRANADA 3 2/1 $1,248,000 60
Pending (Do Not Show) ML81651472 2790 Pullman AVE HALF MOON BAY 4 2/1 $1,198,950 9
Pending (Do Not Show) ML81652357 1056 Everglades DR PACIFICA 4 3/- $1,188,000 11
Pending (Do Not Show) ML81641140 1475 East AVE MONTARA 4 2/1 $1,150,000 59
Pending (Do Not Show) ML81643971 423 Roberts RD PACIFICA 3 2/1 $1,100,000 44
Pending (Do Not Show) ML81651085 480 Cypress AVE MOSS BEACH 3 2/- $1,100,000 13
Pending (Do Not Show) ML81644746 1068 Crespi DR PACIFICA 3 3/- $1,058,000 43
Pending (Do Not Show) ML81650443 724 Cape Breton DR PACIFICA 3 2/0 $899,000 8
Pending (Do Not Show) ML81652632 1195 Alicante DR PACIFICA 3 3/- $899,000 10
Pending (Do Not Show) ML81649673 250 Edgewood DR PACIFICA 4 3/- $898,888 15
Pending (Do Not Show) ML81649946 544 Heathcliff DR PACIFICA 4 2/- $898,000 9
Pending (Do Not Show) ML81646945 852 Arguello BLVD PACIFICA 4 2/- $889,000 33
Pending (Do Not Show) ML81652650 1168 Fernandez WAY PACIFICA 4 2/- $888,000 10
Pending (Do Not Show) ML81652566 415 Sonora AVE EL GRANADA 3 2/- $865,000 11
Pending (Do Not Show) ML81651301 1252 Crespi DR PACIFICA 3 2/- $849,000 12
Pending (Do Not Show) ML81651527 1064 Glacier AVE PACIFICA 4 2/- $839,000 10
Pending (Do Not Show) ML81648105 935 Irving ST MONTARA 2 1/1 $835,000 10
Pending (Do Not Show) ML81652715 741 Franklin ST MONTARA 3 2/1 $800,000 8
Pending (Do Not Show) ML81651336 532 Fremont AVE PACIFICA 3 1/- $799,888 5
Pending (Do Not Show) ML81649413 260 Poplar ST HALF MOON BAY 4 1/- $799,000 17
Pending (Do Not Show) ML81649083 1420 De Solo DR PACIFICA 3 1/- $799,000 6
Pending (Do Not Show) ML81653067 574 Heathcliff DR PACIFICA 3 1/- $789,000 7
Pending (Do Not Show) ML81650075 667 Lockhaven DR PACIFICA 4 2/- $778,000 12
Pending (Do Not Show) ML81649713 888 Rockaway Beach AVE PACIFICA 2 1/- $719,000 17
Pending (Do Not Show) ML81651279 1232 Terra Nova BLVD PACIFICA 2 1/1 $609,000 14
Pending (Do Not Show) ML81650914 1391 Terra Nova BLVD PACIFICA 2 2/- $599,000 10
Pending (Do Not Show) ML81651509 1311 Terra Nova BLVD PACIFICA 2 1/1 $589,000 10
Pending (Do Not Show) ML81652211 1394 Terra Nova BLVD PACIFICA 2 1/1 $588,000 7
Pending (Do Not Show) ML81650800 2355 Beach BLVD #101 PACIFICA 1 1/- $549,000 15
Pending (Do Not Show) ML81648879 997 S Colonel WAY HALF MOON BAY 2 1/- $500,000 8
Average       3 2/1 $975,404 21
High       5 3/1 $2,895,000 71
Low       1 1/1 $500,000 5

 

Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81639307 630 Miramar DR HALF MOON BAY 5 4/- $2,399,000 $2,300,000 86
Sold ML81653213 311 Magellan AVE HALF MOON BAY 4 3/- $1,900,000 $1,900,000 1
Sold ML81648233 270 Beaumont BLVD PACIFICA 4 3/1 $1,395,000 $1,485,000 11
Sold ML81653314 948 Reina Del Mar AVE PACIFICA 3 2/- $850,000 $850,000 1
Sold ML81648821 1159 Rosita RD PACIFICA 4 2/- $799,000 $905,000 4
Sold ML81649201 45 Patrick WAY HALF MOON BAY 2 2/1 $799,000 $860,000 10
Sold ML81649674 43 Eastridge CIR PACIFICA 3 2/- $798,888 $900,000 1
Sold ML81651233 2355 Beach BLVD #303 PACIFICA 2 2/- $649,000 $675,000 1
Sold ML81653500 0 Magellan AVE HALF MOON BAY   -/- $275,000 $275,000 1
Sold ML81651079 0 Ocean AVE HALF MOON BAY   -/- $10,000 $10,000 9
Sold ML81649832 254 San Clemente RD EL GRANADA 3 2/1 $4,500 $4,500 27
Average       3 2/1 $898,126 $924,045 14
High       5 4/1 $2,399,000 $2,300,000 86
Low       2 2/1 $4,500 $4,500 1
* Baths: F = Full, P = Partial

Northern California Starts Spring Homebuying Season Strong

by Kathy and Michael Rain - The Rain Team

By Mike James

Northern California had a strong start to the Spring home buying season notwithstanding low inventory. The housing market continues to experience an abundance of buyers, and in most cases, multiple offers on reasonably priced listings. New listings continue to come on the market, but not at a rate that meets buyer demand.

According to the National Association of REALTORS® (NAR), existing-home sales reached their highest pace in 10 years during March largely due to low inventory.

“The early returns so far this spring buying season look very promising as a rising number of households dipped their toes into the market and were successfully able to close on a home,” said Lawrence Yun, NAR chief economist. “Sales will go up as long as inventory does.”

Northern California continues to sustain a sellers’ market due to its low inventory. Most reasonably priced listings receive multiple offers because buyers continue to outnumber the listings. However, there are not as many buyers for luxury properties in most regions.

Northern California has continued to maintain its strong Spring start into May. Here’s what was happening in our local Northern California offices earlier this month:

 

East Bay – The year-over-year first quarter statistics for the East Bay area: Alameda saw its overall median sales price increase 4 percent from $818,500 to $849,500 reflected in a 6 percent leap in short sales and foreclosures from $935,000 to $990,000 and a 10 percent jump in condos and townhomes from $655,500 to $722,250. Oakland’s overall median increased from $550,000 to $625,000, representing a 14 percent increase. Short sales and foreclosures moved from $550,000 to $650,000, representing an 18 percent increase, and condos and townhomes moved from $556,144 to $561,254, representing a 1 percent increase. Berkeley now has an overall median price of $1,055,000, representing a 21 percent leap. Short sales and foreclosures grew from $901,000 to $1,100,000, showing a 22 percent increase. Condos and townhomes went from $565,900 to $762,500, increasing 35 percent. Albany grew from $733,000 to $870,000, showing a 19 percent increase, with single-family houses jumping from $848,888 to $975,750, which is a 15 percent increase, and condos and townhomes moving from $418,000 to $525,000, which is a 26 percent increase. El Cerrito also saw significant gains with the overall median moving from $740,000 to $885,000, representing a 20 percent increase, and short sales and foreclosures moving from $775,000 to $915,000. Buyers continue to outnumber the listings as inventory remains less than a one-month supply.

Monterey County – The top five companies in Monterey County for the month of May saw a 25 percent decrease in units and sales. The average price is hovering around the $1 million mark. The last seven days, 14 properties went into contract in all price points, but the under $1 million price point still continues to be the most competitive. The inventory has tightened and prices seem to have peaked. As a result, buyers appear to be waiting for price adjustments or making low offers to get the negotiations started.

North Bay – For Greenbrae, inventory continues to be outpaced by demand, and multiple offers continue to be prevalent. Buyers are negotiating more once they get into contract, which has led to more escrows falling out than normal. In Novato, the luxury market over $1 million has improved. Currently 50 percent of the inventory is in contract with the majority in the $1 million to $1.5 million range. A new listing in Novato this week priced at $1.2 million sold less than seven years ago for $600,000 with little remodeling done. Prices will continue to trend upwards as inventory remains low. During April, the number of units sold in Novato was slightly higher than last April and prices were up 5 percent to a median price of $915,000. The average days on market went down 10 percent to 26 from 29 last year. There has been an increase in listing inventory, but it only equates to two months of available inventory. Currently Novato has 55 active properties and 80 properties in contract. In Santa Rosa, many properties are receiving multiple offers and many buyers continue to write offers even though their previous offers have not been successful. Total sales for April were 15 percent below sales from April of last year and more than 4 percent below sales from March of this year. April over April median price in Sonoma County is up just under 10 percent. In Sebastopol, listing agents are seeing offer dates come and go on properties in all price ranges, but buyers’ agents are still competing for properties. Interest rates still remain low, and more buyers are heading north from the Bay Area.

Placer County – In Tahoe, the luxury sales for properties priced above $1 million are down 20 percent from 2016. For 2017, there have been 65 luxury properties sold as compared to 82 sold last year for the same period. The median sales price for luxury properties in 2017 thus far is $1,425,000, which is down 3.5 percent from the median sales price of $1,476,405 in 2016. The average sale price of luxury homes in year to date stands at $2,148,121 as compared to $2,371,101 in 2016 and is down almost 10 percent.

There continues to be considerable interest in the market as many buyers and investors are actively looking for homes. With the continued favorable mortgage interest rates and inventory coming, buyers will be able to acquire homes in many of the Lake Tahoe and Truckee resort communities.

Sacramento County – In Fair Oaks, the market is bifurcated. There is more luxury inventory than buyers, but the under $400,000 market is still a sellers’ market with listings receiving multiple offers. In Sierra Oaks, the luxury market is strong with an increase in activity. Overall, there are more listings and buyers moving forward. In El Dorado Hills, there is luxury market inventory for up to a year, but the luxury market has slowed. Four luxury homes were listed and only two luxury homes went into escrow. None of the homes that closed during this period were in the luxury market. There is little inventory of homes under $600,000. Open houses have anywhere from six to 35 groups each week, which produce many leads. There are still numerous buyers from the Bay Area, especially East Bay, but there has also been an increase in buyers from the Elk Grove to El Dorado Hills area. There was a large open house held at Serrano last week with a great turn out with people from the Bay Area. These large open houses happen every second Sunday of the month—weather permitting. Land seems to be selling at a greater pace than seen in recent years. Builders are looking at buying several lots. New subdivision lots are selling as well as previously sold lots. There is some seller financing on some of these lots that is very attractive to many buyers. There is still little affordable workforce housing available in many areas. Programs are being proposed that would streamline some of the processes and fees to aid in the construction of new homes as well as second homes on properties that already have one home. In Elk Grove and West Sacramento, there has been an increase in the number of listings in the past two weeks. However, inventory remains below one month and is down 25 percent from last year at this time. Average sales prices in Elk Grove for the month of April were over $400,000, which is up 11 percent from April 2016. The average days on the market has continued to decline and is 45 percent less than the 2016 average days on the market. There is a huge demand for homes in Elk Grove in the under $350,000 range and a lack of homes available in that price point. In several cases offers on properties have come in well above asking. For example, a listing at $450,000 received offers as high as $45,000 over asking price while a property listed at $390,000 received offers as high as $30,000 over asking price. In many cases, buyers in the under $400,000 price point marker must submit several offers before one gets accepted. Open houses have continued to see huge turnouts with several this past weekend including up to 25 or more attendees. There have been many buyers from outside of the local market, with the majority from the Bay Area.

SF Peninsula – In Burlingame, the demand for all properties is once again high due to low inventory. Inventory is growing, but it is still historically low. Almost all of the properties that sell are receiving multiple offers and are selling for much more than the list price. In Half Moon Bay, there are 45 listings currently for sale. Most experience an average 60 days with a low of four days and high of 365 days. There are currently 17 pending listings. Most experienced an average of 42 days on the market with a low of one day and high of 269 days. There were a total of 32 recently sold listings. They spent an average 31 days on the market with a low of one day and high of 220 days. Half Moon Bay has a little over a two-month supply of inventory. Menlo Park continues to have low inventory. Listings in the lower price ranges of $2 million and below, and listings above $2 million sell very fast. For Palo Alto, inventory in year-to-date is substantially lower in the area as well as in the North and South. In Redwood City, there continues to be low inventory but each mid-peninsula city and town is gradually gaining a little more inventory. Buyers are becoming a little more cautious with their offers, which means there are not as many multiple offers, but most property listings still receive two to five offers. In San Mateo, inventory is picking up. Woodside and Portola Valley still have very low inventory and most homes receive preemptive offers.

Santa Cruz County– The number of homes listed for more than $1 million is approximately the same as 2016. The number of sales for properties over $1 million dollars is slightly lower than those of April 2016. There have been several additional sales this April compared to last year, which appears to be a trend that will sustain through the summer. The real estate market in Santa Cruz County is still showing attributes of a sellers’ market. There are multiple offers on well-priced properties, primarily for properties listed under $1 million dollars. There are approximately nine single-family homes hitting the market per day. However, the total inventory of single-family homes in Santa Cruz County is 317, which is quite low. Inventory is approximately 20 percent below 2016.

Silicon Valley – In Cupertino the luxury market remains steady. Last week saw the most sales pending in Santa Clara County for year-to-date. Inventory has increased but there is still high demand for more inventory to satisfy buyer needs. New home developments are springing up all through Morgan Hill and Gilroy. Many developers are offering upgrade incentives and mortgage assistance to attract more potential buyers to their new homes. As a result, house tours now include new home developments as well as lived in properties. In Los Altos, the luxury market — homes priced over $4.5 million — is steady, but multiple offers continue to be the exception. Overall, inventory levels are still very low compared to buyer demand. Currently, there is less than one month’s worth of inventory in Los Altos. Most homes are receiving multiple offers, which typically leads to a sales price that is over asking. The market in Mountain View is even hotter with barely two weeks’ worth of inventory. The number of homes coming on the market for sale each week is slowly on the rise in both the Los Altos and Mountain View areas. However, these homes are being absorbed quickly and are selling very fast. Most homes coming on market are priced to induce offers and are selling in less than 10 days. The markets of Los Altos and Mountain View are still very strong and extremely robust.

The Rain Team offers unparalleled service to ALL clients in San Mateo County, including areas such as Half Moon Bay,El Granada, Moss Beach, Montara, and Pacifica. Give us a call at (650) 888-6903 or contact us here to see how we can help you with all your real estate needs.

See the original article here.

 

 

San Mateo County Real Estate Report

by Kathy and Michael Rain - The Rain Team

Below is the most recent San Mateo County Market Report summarizing recent real estate activity. Please keep in mind that the values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification on any of the figures or if you wish to take additional steps toward property ownership, please let us know. We are happy to help you feel free to contact us at 650-888-6903.

 

MARKET SUMMARY
Pacifica, Montara, Moss Beach, El Granada, Half Moon Bay
As Of 05/18/2017

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81651981 0 Vicinity Higgins WAY PACIFICA   -/- $7,500,000 2
Active ML81650273 496 6th ST MONTARA 4 2/2 $3,750,000 14
Active ML81648247 125 Spyglass LN HALF MOON BAY 5 4/1 $3,225,000 25
Active ML81638788 0 Bay View RD MONTARA   -/- $2,649,000 95
Active ML81649270 203 Granelli AVE HALF MOON BAY 4 3/1 $2,375,000 18
Active ML81649123 6 Tranquility CT PACIFICA 4 3/- $2,299,000 20
Active ML81645824 770 Alta Vista RD MONTARA 6 5/1 $2,299,000 13
Active ML81651962 639 Santiago AVE EL GRANADA 4 3/- $2,200,000 2
Active ML81646995 116 Spyglass LN HALF MOON BAY 5 3/- $2,195,000 32
Active ML81649718 15 Ashdown PL HALF MOON BAY 4 3/1 $2,150,000 16
Active ML81648961 1300 Alamo ST MONTARA 5 3/- $2,000,000 14
Active ML81647613 1 Tranquility PACIFICA 5 3/- $1,988,888 30
Active ML81644101 152 West Point AVE EL GRANADA   -/- $1,985,000 53
Active ML81644521 152 West Point AVE EL GRANADA 3 2/1 $1,985,000 50
Active ML81650159 2291 Winged Foot RD HALF MOON BAY 4 3/- $1,700,000 14
Active ML81645734 241 Cortez AVE HALF MOON BAY 5 3/0 $1,699,000 43
Active ML81646473 000 Roberts RD PACIFICA   -/- $1,600,000 37
Active ML81640456 654 Isabella AVE EL GRANADA 4 2/1 $1,599,000 56
Active ML81646914 325 Esplanade AVE PACIFICA   -/- $1,575,000 34
Active ML81650434 236 Shoreview AVE PACIFICA 2 2/- $1,350,000 11
Active ML81648205 363 San Juan AVE EL GRANADA 4 3/- $1,299,000 25
Active ML81650754 406 Sevilla AVE EL GRANADA 4 3/- $1,280,000 10
Active ML81651472 2790 Pullman AVE HALF MOON BAY 4 2/1 $1,198,950 4
Active ML81647690 1375 Birch ST MONTARA 3 3/1 $1,150,000 29
Active ML81651085 480 Cypress AVE MOSS BEACH 3 2/- $1,100,000 8
Active ML81647792 550 El Granada EL GRANADA 3 3/- $1,090,000 29
Active ML81649197 2200 Cabrillo Hwy S. HALF MOON BAY 3 2/- $1,066,000 19
Active ML81634430 314 11th ST MONTARA 3 2/1 $999,999 140
Active ML81648473 1230 Oakwood PACIFICA   -/- $950,000 24
Active ML81651656 323 Heathcliff DR PACIFICA 4 2/- $900,000 3
Active ML81651449 366 11th ST MONTARA 3 2/- $899,000 5
Active ML81647141 439 Sonora EL GRANADA 3 2/- $898,888 32
Active ML81651482 513 San Benito ST HALF MOON BAY 3 1/- $895,000 4
Active ML81648119 1144 Seville DR PACIFICA 3 2/- $889,000 27
Active ML81651301 1252 Crespi DR PACIFICA 3 2/- $849,000 7
Active ML81651527 1064 Glacier AVE PACIFICA 4 2/- $839,000 4
Active ML81651155 743 Lockhaven DR PACIFICA 4 2/- $818,000 7
Active ML81648150 218 Palmetto AVE #5 PACIFICA 2 2/- $798,800 21
Active ML81649414 100 Troon WAY HALF MOON BAY 3 2/- $773,888 18
Active ML81650356 935 Fassler AVE PACIFICA 2 2/1 $750,000 13
Active ML81650848 662 San Carlos AVE EL GRANADA 2 1/- $750,000 9
Active ML81649055 365 Rockaway Beach AVE PACIFICA 2 2/- $728,000 21
Active ML81649713 888 Rockaway Beach AVE PACIFICA 2 1/- $719,000 16
Active ML81645019 000 West Point AVE EL GRANADA   -/- $689,500 47
Active ML81650970 105 Santa Rosa AVE PACIFICA 1 1/- $679,000 9
Active ML81651279 1232 Terra Nova BLVD PACIFICA 2 1/1 $609,000 7
Active ML81650914 1391 Terra Nova BLVD PACIFICA 2 2/- $599,000 4
Active ML81651509 1311 Terra Nova BLVD PACIFICA 2 1/1 $589,000 4
Active ML81650800 2355 Beach BLVD #101 PACIFICA 1 1/- $549,000 9
Active ML81647994 00 Marinero HALF MOON BAY   -/- $365,000 28
Active ML81643312 1495 Terra Nova PACIFICA   -/- $250,000 59
Active ML81649310 615 Isabella RD EL GRANADA   -/- $245,000 18
Active ML81646294 270 Capistrano #44 HALF MOON BAY   -/- $130,000 38
Active ML81649041 0 Lewis EL GRANADA   -/- $125,000 21
Active ML81649832 254 San Clemente RD EL GRANADA 3 2/1 $4,500 16
Active ML81651071 21 Cranham CT PACIFICA 3 2/- $3,600 8
Active ML81651394 724 Arnold WAY #A HALF MOON BAY 2 1/- $2,600 6
Active ML81651623 1625 Palmetto #4 PACIFICA 1 1/- $2,250 4
Average       3 2/1 $1,286,342 23
High       6 5/2 $7,500,000 140
Low       1 1/1 $2,250 2

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81639307 630 Miramar DR HALF MOON BAY 5 4/- $2,399,000 86
Pending (Do Not Show) ML81648551 429 Wave AVE HALF MOON BAY 5 3/- $1,495,000 12
Pending (Do Not Show) ML81647730 88 Paloma PACIFICA   -/- $1,450,000 13
Pending (Do Not Show) ML81646702 380 San Pedro RD EL GRANADA 4 2/1 $1,325,000 9
Pending (Do Not Show) ML81644746 1068 Crespi DR PACIFICA 3 3/- $1,058,000 43
Pending (Do Not Show) ML81647866 522 Monterey #B PACIFICA 3 2/1 $999,000 14
Pending (Do Not Show) ML81649178 425 Copeland ST PACIFICA 3 3/- $998,000 11
Pending (Do Not Show) ML81646071 924 Sonora AVE EL GRANADA 4 2/- $899,000 9
Pending (Do Not Show) ML81650443 724 Cape Breton DR PACIFICA 3 2/0 $899,000 8
Pending (Do Not Show) ML81649673 250 Edgewood DR PACIFICA 4 3/- $898,888 15
Pending (Do Not Show) ML81649946 544 Heathcliff DR PACIFICA 4 2/- $898,000 9
Pending (Do Not Show) ML81648955 340 Heathcliff DR PACIFICA 4 2/1 $895,000 14
Pending (Do Not Show) ML81646945 852 Arguello BLVD PACIFICA 4 2/- $889,000 33
Pending (Do Not Show) ML81644642 377 Monterey RD PACIFICA 4 2/- $885,000 14
Pending (Do Not Show) ML81647868 428 3rd ST MONTARA 3 2/- $850,000 13
Pending (Do Not Show) ML81647132 369 Spruce HALF MOON BAY 3 2/- $849,950 17
Pending (Do Not Show) ML81648474 107 Mckinney AVE PACIFICA 3 2/- $839,000 16
Pending (Do Not Show) ML81651336 532 Fremont AVE PACIFICA 3 1/- $799,888 5
Pending (Do Not Show) ML81647706 411 Firecrest AVE PACIFICA 3 2/- $799,000 8
Pending (Do Not Show) ML81644735 475 Glasgow DR PACIFICA 3 2/- $799,000 34
Pending (Do Not Show) ML81649413 260 Poplar ST HALF MOON BAY 4 1/- $799,000 17
Pending (Do Not Show) ML81648821 1159 Rosita RD PACIFICA 4 2/- $799,000 4
Pending (Do Not Show) ML81648282 1151 Hawthorne ST MONTARA 3 2/- $795,000 7
Pending (Do Not Show) ML81648190 300 Moana PL PACIFICA 3 2/- $789,000 10
Pending (Do Not Show) ML81650075 667 Lockhaven DR PACIFICA 4 2/- $778,000 12
Pending (Do Not Show) ML81649237 501 Brighton RD PACIFICA 2 1/- $689,000 8
Pending (Do Not Show) ML81634148 50 Ocean View HALF MOON BAY 2 2/- $245,000 123
Pending (Do Not Show) ML81651079 0 Ocean AVE HALF MOON BAY   -/- $10,000 7
Average       3 2/1 $922,455 20
High       5 4/1 $2,399,000 123
Low       2 1/1 $10,000 4

 

Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81642730 351 El Granada BLVD EL GRANADA 4 3/- $1,099,000 $1,200,000 28
Sold ML81643598 456 Grand BLVD HALF MOON BAY 3 2/- $985,000 $985,000 21
Sold ML81649050 231 Dolores EL GRANADA 3 2/1 $935,000 $935,000 1
Sold ML81644369 1519 Perez DR PACIFICA 3 2/1 $898,000 $1,110,000 14
Sold ML81645826 736 Edgemar AVE PACIFICA 3 1/- $829,999 $1,010,000 4
Sold ML81649674 43 Eastridge CIR PACIFICA 3 2/- $798,888 $900,000 1
Sold ML81647909 75 Eastridge CIR PACIFICA 3 2/- $795,000 $950,000 12
Sold ML81651233 2355 Beach BLVD #303 PACIFICA 2 2/- $649,000 $675,000 1
Sold ML81647923 655 Potter AVE HALF MOON BAY   -/- $550,000 $611,000 8
Sold ML81648091 102 Ocean View AVE HALF MOON BAY 3 2/- $419,000 $407,000 5
Sold ML81634354 31 Seascape DR HALF MOON BAY 2 2/0 $335,000 $315,000 108
Sold ML81645574 0 Beach AVE HALF MOON BAY   -/- $10,000 $5,500 8
Sold ML81646352 217 Marvilla CIR PACIFICA 3 2/- $3,700 $3,700 19
Sold ML81646588 44 Santa Rosa AVE PACIFICA 5 4/- $3,000 $3,000 16
Average       3 2/1 $593,613 $650,729 18
High       5 4/1 $1,099,000 $1,200,000 108
Low       2 1/1 $3,000 $3,000 1
* Baths: F = Full, P = Partial


 

Home Improvement Projects That Pay Back

by Kathy and Michael Rain - The Rain Team

By Mike Rebholtz

Ideally, home improvement projects make your home look nicer and add to its overall value. But not all projects are created equal. Before you start making updates, consider the value added for each and prioritize the ones that will give you the biggest return when it comes time to sell.

The Exterior
Recent and long-term trends indicate cosmetic changes to the exterior of the house result in greater return on investment (ROI) than interior updates. These curb appeal projects range from the simple, such as replacing a front door, to the more complex, like updating the siding or the windows. Exterior upgrades can be particularly important if you intend to sell your home in the near future.

The Top Three
The only project that returns a higher amount than its cost is attic insulation. Putting fiberglass insulation in the attic offers an ROI of 107.7 percent. Replacing an entryway with a steel door comes in next with an ROI of 90.7 percent. And at 89.4 percent, the third highest ROI project is manufactured stone veneer.

Timeless Options
If you don't plan on leaving your home anytime soon but still want to refresh some areas, keep an eye on trends. Avoid anything that could lose its appeal next year. Instead, consider classic updates with a modern feel. Many consider subway tiles, for example, to be an enduring style choice. Marble kitchen countertops may look great today, but wood may be the hot new thing tomorrow

See the rest of the article here.

Low Inventory Preserves Sellers’ Market in Northern California

by Kathy and Michael Rain - The Rain Team

By Mike James

Northern California continues to experience a healthy sellers’ market with median and low priced properties and, in some areas, with reasonably priced luxury properties. Due to the limited inventory and high demand for median priced properties, most reasonably priced listings receive multiple offers above asking price.

According to the National Association of Realtors® (NAR), in March there was a 0.8 percent decline in the Pending Home Sales Index based on contract signings from February to March, but there was a 0.8 increase in the Pending Home Sales Index based on contract signings compared to March 2016.

“Sellers are in the driver’s seat this spring as the intense competition for the few homes for sale is forcing many buyers to be aggressive in their offers,” said Lawrence Yun, NAR chief economist. “Buyers are showing resiliency given the challenging conditions. However, at some point—and the sooner the better—price growth must ease to a healthier rate. Otherwise sales could slow if affordability conditions worsen.”

Competition is high in most of Northern California because there is an abundance of buyers seeking affordable family homes, which are in low supply. Most open houses for new listings are seeing attendance as high as 50 people on weekends. The low inventory is also keeping some sellers from listing their property out of fear that it will sell before they are able to secure a new home.

According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), “Even with a strong performance in March closed escrow sales, a shortage of available homes and robust price growth that’s eating away at affordability stifled pending home sales for the third straight month.”

Unless inventory remains low, buyers may find some relief in the coming months as the Spring Market continues to bring new listings to the market in hopes of meeting the high demand.

Here’s what was happening in our local Northern California offices in late April:

 

East Bay – The year-over-year first quarter statistics for the East Bay area: Alameda saw its overall median sales price increase 4 percent from $818,500 to $849,500 reflected in a 6 percent leap in short sales and foreclosures from $935,000 to $990,000 and a 10 percent jump in condos and townhomes from $655,500 to $722,250. Oakland’s overall median increased from $550,000 to $625,000, representing a 14 percent increase. Short sales and foreclosures moved from $550,000 to $650,000, representing an 18 percent increase, and condos and townhomes moved from $556,144 to $561,254, representing a 1 percent increase. Berkeley now has an overall median price of $1,055,000, a 21 percent leap. Short sales and foreclosures grew from $901,000 to $1,100,000, showing a 22 percent increase. Condos and townhomes went from $565,900 to $762,500, increasing 35 percent. Albany grew from $733,000 to $870,000 — a 19 percent increase — with houses jumping from $848,888 to $975,750, a 15 percent increase, and condos and townhomes moving from $418,000 to $525,000, which is a 26 percent increase. El Cerrito also saw significant gains with the overall median moving from $740,000 to $885,000, representing a 20 percent increase, and short sales and foreclosures moving from $775,000 to $915,000. Inventory supply remains low with almost all areas reflecting a level of less than a one-month supply, thereby indicating that buyers will continue to outnumber the listings.

Monterey County – April is trending to close the month almost even with last year with the luxury price point seeing more of a slow down. The $1.5 million and under market is seeing a shortage in available properties. New buyers are coming from the Bay Area looking for that special property to spend some time in the Monterey Peninsula. Multi-residential investment properties are currently a hot category. Rents are at a record high, and cities such as Pacific Grove are most desirable for young families moving to the area. Additionally, the new Monterey County office is opening at 618 Lighthouse Ave in Pacific Grove, Calif.

North Bay – With only 187 active residential listings in Santa Rosa, the market is tightening again. Many homes are receiving multiple offers and time on market is decreasing. Open homes are busy, indicating that the buyers are here and are looking around hoping to find more sellers. Average days on market for March fell 14 percent from February. For Sonoma County wide, the number of new listings fell more than 10 percent in the first quarter. There is a lot of new inventory that came on to the luxury market. There was a 40 percent increase in listings in the luxury market from February to March. Pending sales increased by approximately 40 percent and closed sales for the first quarter this year compared to 2016 are up 31 percent. The market remains ultra-competitive in the lower middle to the upper middle price ranges. There are still more buyers than sellers. In the luxury end of the market, it is still competitive but there’s not quite the sense of urgency as in the lower price levels. Sebastopol is seeing an increase in available properties, but they are all going quickly. Because they have been priced out of the market, buyers are relocating from the Bay Area and are attending various open houses. The market is currently down 7 percent in listing inventory and 29 percent in sold listings compared to last year. However, the average sales price is up 17.04 percent. The Southern Marin office closed the highest price listing ever in Mill Valley at $7,200,000 and the highest price per square foot ever at $1,650 per square foot. The luxury market is strong. About 25 percent of homes listed over $2 million are under contract. This percentage typically runs between 10 percent and a max of 20 percent. The general market continues to experience a strong seller’s market. With 75 percent receiving multiple offers, this market will continue as is until there are more listings. In downtown San Mateo, listings are increasing and sales are getting stronger.

Sacramento County – There are many luxury listings. Overall, the market is bifurcated with listings under $450,000 experiencing a seller’s market and listings over $750,000 experiencing a buyer’s market.

San Francisco – The market continues to experience an abundance of buyers with too few listings. When a new property comes to market, the first open houses and broker tours are well attended. As is always the case, pricing remains critical. If the property is presented and priced well, multiple offers are the usual outcome. If not, the property sits and attendance trails off.

SF Peninsula –There is still low inventory and nearly every listing is receiving multiple offers and selling for more than the asking price. Open houses on the weekends are having more than 50 individuals attend. In the Half Moon Bay area, the average days on the market are 17 days, an active listing’s average price per square foot is $675, the pending contingent sale average price per square foot is $671 and the pending sale average price per square foot is $603. There are less multiple offers in Half Moon Bay Area. In the Menlo Park area, open houses are showing a slight slow down and turn out in some areas while other areas particularly in the lower price ranges of under $2 million are still experiencing very busy open houses. Well-priced homes are still selling quickly, typically in less then 10 days in many price ranges while homes that are not priced correctly tend to sit for up to 30 days, which is considered a long time. Many agents are using the 30 days as the point in time to suggest or ask for price reductions. In the Palo Alto area, activity has been very good for listings priced up to $4,000,000. They tend to receive multiple offers on every sale and have sales prices upwards of 20 percent over the list price. Entry-level inventory is very low, and there is more selection in the luxury price points.

Santa Cruz County– The luxury market is in need of supply because demand is still very high. Compared to 2016 there have been approximately just as many sales year-to-date, and inventory is just about the same. The average price of a home in Santa Cruz County is close to $900,000, which is close to the benchmark of what is generally considered to be a luxury property, so when reviewing statistics it is becoming necessary to consider homes closer to the $1.5 million plus range as being part of the luxury market. The inventory of single-family homes active on the market is steadily increasing and is currently at about 271. Historically, this is still quite low for this time of year, but there are approximately seven to eight homes being listed every day. The number of homes changing to contingent and pending status is approximately seven per day, so at this rate it will take time to build supply. Inventory is so low that some potential sellers are not listing their home due to the lack of availability for a replacement property.

Silicon Valley – In Cupertino, the luxury market is steady and open houses continue to be well attended. Some agents are having excellent success with preemptive offers. South County agents are reporting that it is not uncommon to have 20 to 30 groups walk thru an open house on either Saturday or Sunday. Even though inventory remains low, agents are reporting that they are not receiving as many offers, and the offers they have received have not been for the full listing price. In Los Altos, the luxury market — homes priced over $4.5 million — is steady, but multiple offers continue to be the exception as opposed to the rule. Overall, inventory levels are still very low compared to buyer demand. Currently, there is less than one month’s worth of inventory in Los Altos. With such a limited number of homes available for sale, most homes are receiving multiple offers, which typically leads to a sales price that is over asking. The market in Mountain View is even hotter with barely two weeks’ worth of inventory. The number of homes coming on the market for sale each week is slowly on the rise in both the Los Altos and Mountain View areas. However, these homes are being absorbed quickly and are selling very fast. Most homes coming on market are priced to induce offers and are selling in less than a week. The markets of Los Altos and Mountain View are still very strong and extremely robust.

South County – The luxury market is seeing a lot of inventory sit on the market, causing an excess of inventory in the luxury range. They are getting a few showings but no offers. In the below $500,000 market, there are multiple offers on most listings. Sellers are excited to receive higher offers but are less likely to agree to buyers’ requests for repairs and do not like giving extensions. Additionally, property lots are selling, but there is a shortage of new home construction.

The Rain Team offers unparalleled service to ALL clients in San Mateo County, including areas such as Half Moon Bay, El Granada, Moss Beach, Montara, and Pacifica. Give us a call at (650) 888-6903 or contact us here to see how we can help you with all your real estate needs.

See the original article here.

Are You Prepared To Do These 5 Things to Sell Your Own Home?

by Kathy and Michael Rain - The Rain Team

It’s a question thousands of homeowners ask themselves every year: Should I try to sell my house myself? If you’re considering putting your own house on the market, keep in mind that selling your home can be a long and difficult process. Before you choose to go it alone, consider that you have to be able to successfully do all of the following:

1. Pricing your home—so you don’t leave money on the table. That means going beyond the usual homework of pulling comparable properties in your area. You need to understand current market conditions and trends, availability and cost of financing to assign your home an accurate value, meaning the highest price a ready, willing and able buyer will pay.

2. Marketing the listing—to the right people. As an independent home seller, you’ll be in charge of holding open houses, working to ensure your home gets good word-of-mouth exposure, as well as developing and paying for advertising, including photographing and posting pictures of your home to popular listing websites.

3. Showing your home—to everyone. Your life could be overrun by home showings, between appointments and drop-ins, and you’re responsible for screening the “buyers” from the “lookers” (curiosity-seekers are common at self-listed homes).

4. You’ll have to negotiate a sale—that doesn’t shortchange you. Negotiations present another challenge, as you try to resolve any doubts your buyers might have, work to keep their interest high and make a final agreement as quickly and efficiently as possible.

5. You’ll need to draw up a contract—that makes no mistake. A contract is a binding legal agreement, so every independent home seller should pay an attorney or other qualified legal representative to preside over the process.

A Certified Residential Specialist would do all that (and more) to sell your home faster and for the best price. Selling your own home takes a lot of know-how, and making even a small mistake can be costly. Think of the services a CRS provides as an investment—one that repays itself in the efficient sale of your home. 

Michael and Kathy Rain are proud to be Certified Residential Specialists and are here to help you with all of your real estate needs. The Rain Team offers unparalleled service to ALL clients in San Mateo County, including areas such as Half Moon Bay, El Granada, Moss Beach, Montara, and Pacifica. Give us a call at (650) 888-6903 or contact us here to see how we can help you with all your real estate needs.

 

 

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The Rain Team
CA# 01169588 | CA# 01125976 | CA# 01908304
248 Main Street, Suite 200
Half Moon Bay CA 94019
Michael: 650-888-6361
Kathy: 650-888-6903
Fax: 866-396-0207

Kathy and Michael Rain of Coldwell Banker provides real estate services in the San Mateo County, California area including the surrounding communities: El Granda, Half Moon Bay, Montara, Moss Beach, Pacifica and San Mateo. Search for homes in San Mateo County. We list and sell residential real estate, investment properties, vacant land, lots for sale in the San Mateo County, California area.

Licensed in the State of California

Kathy Rain - CA BRE# 01169588 | Michael Rain - CA BRE# 01125976 | Coldwell Banker - CA BRE# 01908304
Cell Phone: (650) 888-6903 * Direct Phone: (650) 712-0411
San Mateo County Real Estate and Homes for Sale

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