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Don't Go Solo

by Kathy and Michael Rain - The Rain Team

Six Reasons Why The Holidays Are A Good Time To List Your Home

by Kathy and Michael Rain - The Rain Team

What's In A Home Value?

by Kathy and Michael Rain - The Rain Team

It’s common knowledge that location, crime, and neighborhood comps affect a home’s value. But what are some of the more invisible factors that influence sales price?


Summer Time

by Kathy and Michael Rain - The Rain Team

Sellers Remain in Driver’s Seat

by Kathy and Michael Rain - The Rain Team

The lazy days of summer may be here, but it’s a busy season for the real estate industry. Home buyers are out in force looking for new homes, but fewer “For Sale” signs are popping up in neighborhoods across much of the nation, creating stiff competition for those seeking their dream homes.

This spring’s home-sale numbers reflect the continued housing inventory shortage. In May, existing-home sales decreased modestly, according to the National Association of Realtors® (NAR). Existing-home sales dropped by 0.4% from April and 3% from a year earlier to a seasonally adjusted rate of 5.43 million, NAR reported.

New-home sales are faring much better. Sales of new single-family houses climbed 6.7% in May, the highest level since November 2017, according to the Commerce Department. Construction of new homes is expected to increase 10% this year, to about 1.3 million new single-family homes, but that still won’t be enough to keep up with the growing demand, said Lawrence Yun, NAR chief economist, in an interview with CNN Money.

Besides low inventory, buyers are facing a gradual rise in loan interest rates, which have been trending slightly higher throughout 2018 and are expected to continue increasing the rest of the year. So, despite the tough competition, if you’re thinking of buying a new home this year, now is a good time to start.

Here are a few more reasons why the summer of 2018 is a great time to sell:

NAR’s latest Buyer Traffic Report shows that buyer demand remains very strong in most parts of the country. Buyers are ready and able to purchase, with multiple buyers often competing for the same home.

NAR’s Realtor® Confidence Index showed that properties were typically on the market for just 26 days in May, giving homeowners time to sell quickly and get settled in a new home before kids return to school.

More buyers are getting pre-approved for loans before beginning their home search, making the selling process much faster and simpler. According to Ellie Mae® Origination Insight Report, the average time it took to close a loan in April was 41 days.
With trees, flowers and other plantings flourishing, curb appeal is typically at its peak during the summer.

To make the most out of your summer real estate goals, it is vital to choose an experienced local agent with the resources and tools to guide you through the entire process, so contact The Rain Team today.

Photo By Mark McCammon On Pexels

Bay Area home prices soar to new record

by Kathy and Michael Rain - The Rain Team

April 24, 2018  | San Francisco Chronicle

The median Bay Area home price surged to an all-time high of $820,000 in March, up 9.3 percent from February and up 14.7 percent from March of last year, research firm CoreLogic reported Tuesday.

The previous peak was $784,000 in November. The report includes newly built and existing homes and condos sold in all nine counties. For the past six months, the median price has risen 12.8 percent year over year on average.

For the fourth consecutive month, Santa Clara and San Mateo counties showed the steepest year over year gains: 33.6 and 25.7 percent, respectively.

See The Full Article

5 Common And Costly Mistakes To Avoid When Selling Your Home

by Kathy and Michael Rain - The Rain Team

16th Annual San Mateo Wine Walk

by Kathy and Michael Rain - The Rain Team

The Annual San Mateo Wine Walk returns this Saturday. The party gets underway at 2pm at the registration area at 1st and Ellsworth Avenues [map]. The Downtown San Mateo Association is hosting the event which is now in its 16th year! There will also be an exclusive celebration in the VIP Lounge with sumptuous food, signature drinks, swag bags and live music, in addition to your ticket and a free glass at the Wine Walk. Tickets, $35 or $65 for admission to the VIP Lounge, can be purchased online at EventBright. Tickets the day of the event are $45.

Kathy and Michael Rain, REALTORS®
The Rain Team, Coldwell Banker Real Estate
CRS, GRI, SRES, Previews, ASP

Michael DRE#01125976 Kathy DRE#01169588
Email:
TheRainTeam@Coastal-RealEstate.com
Cell Phone: (650) 888-6903
Direct Phone: (650) 712-0411

Home Office: (650) 728-7123
Fax: (866) 396-0207

www.Coastal-RealEstate.com

www.SanMateoCoastRealEstate.com   

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Kathy and Michael Rain offer their real estate services for buyers, sellers, investors in the Half Moon Bay, El Granada, Moss Beach, Montara, Pacifica and San Mateo, California area.    

***

This blog is maintained by Michael of Kim Hughes & Company.
Image courtesy San Mateo Wine Walk

Celebrate the Green Foothills

by Kathy and Michael Rain - The Rain Team

For fifty years, the Committee for Green Foothills has been working toward open space protection and preservation. Now, they're inviting you to celebrate their golden anniversary with an afternoon of festivity. The party takes place from 2:30pm to 6pm on the beautiful rolling hills of Runnymede Farm [map].This Woodside estate is home to over 115 sculptures by renowned artists such as Jun Kaneko, Viola Frey, and Andy Goldsworthy. Take this opportunity to visit our History Corner and hear stories from environmental heroes, including Martin Litton, Tom Jordon, Don Aitken, and others. In addition to enjoying the fascinating artwork, scrumptious food, spectacular open space, and wonderful people, guests will be treated to an inspirational program by authors Jon Christensen and Lynn Stegner. Tickets can be purchased online.

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And also, a quick congratulations to the 1987 graduates of San Mateo High School, celebrating their 25th year reunion with a picnic Saturday this weekend! Go Bearcats!

Kathy and Michael Rain, REALTORS®
The Rain Team, Coldwell Banker Real Estate
CRS, GRI, SRES, Previews, ASP

Michael DRE#01125976 Kathy DRE#01169588
Email:
TheRainTeam@Coastal-RealEstate.com
Cell Phone: (650) 888-6903
Direct Phone: (650) 712-0411

Home Office: (650) 728-7123
Fax: (866) 396-0207

www.Coastal-RealEstate.com

www.SanMateoCoastRealEstate.com   

Like us in Facebook
Follow us on Twitter

Connect with Us on LinkedIn

Subscribe to our You Tube Channel

Kathy and Michael Rain offer their real estate services for buyers, sellers, investors in the Half Moon Bay, El Granada, Moss Beach, Montara, Pacifica and San Mateo, California area.    

***

This blog is maintained by Michael of Kim Hughes & Company.
Images courtesy Committee for Green Foothills, San Mateo High School

Gourmet Cooking with Apples

by Kathy and Michael Rain - The Rain Team

The orchards at Filoli are overflowing with apples this year, which makes it a perfect time for learning to cook with the fruit.  The class, taught by renowned Bay Area chef Ursala Gallichotte, runs from 1pm to 3pm on Saturday. Instruction includes the teaching and tasting of each recipe, professional cooking tips, suggestions for advance preparation, recipe variations and ideas for entertaining and artful presentation.

The historic 654–acre Filoli country estate is located at 86 Canada Road in Redwood City [map].

Tickets are $65 members and $80 non-members.

Have a great weekend and bon appetit!

Kathy and Michael Rain, REALTORS®
The Rain Team, Coldwell Banker Real Estate
CRS, GRI, SRES, Previews, ASP

Michael DRE#01125976 Kathy DRE#01169588
Email:
TheRainTeam@Coastal-RealEstate.com
Cell Phone: (650) 888-6903
Direct Phone: (650) 712-0411

Home Office: (650) 728-7123
Fax: (866) 396-0207

www.Coastal-RealEstate.com

www.SanMateoCoastRealEstate.com   

Like us in Facebook
Follow us on Twitter

Connect with Us on LinkedIn

Subscribe to our You Tube Channel

Kathy and Michael Rain offer their real estate services for buyers, sellers, investors in the Half Moon Bay, El Granada, Moss Beach, Montara, Pacifica and San Mateo, California area.    

***

This blog is maintained by Michael of Kim Hughes & Company.
Photo courtesy filoil.org

Displaying blog entries 1-10 of 11

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Photo of The Rain Team Real Estate
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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