Real Estate: The Migration of a People

Real Estate The Migration of a People April 2017Below is a response with a question that came in response to our real estate e-newsletter we sent out yesterday:

“Here’s my observation. The main problem of young married first time buyer professionals here in the Bay Area is that even if their combined income qualify them for a bank loan, they do not have enough money saved to pay for the 20% down payment. Aside from borrowing money from their parents, is there a better way of solving this crisis?” Joseph Palafox, Architect

The millennial demographic consists of many home buyers who make quite a bit of money. If they focus on a goal of home ownership, they are able to save enough money for a down payment, whether it be 20% or even less using some of the minimum of 3% or 3.5% down payment scenarios for which they may qualify.

The issue with any buyer is the standard of living they expect or desire in a home. If the expectation is for a detached home of 2000 sq ft., well, that may be a stretch for some buyers who can afford a smaller home that could use some updating, for example.

Actually, I have a different perspective on affordability here in the Bay Area. We all have choices about where, how and what we live in. If we adjust our expectations in order to live how we want, then there is no “crisis”.

Travel the world a bit more, folks. You’ll see that a lot of the world lives in a lot less than we do here in the United States and they are perfectly happy with their lives and thankful for where they live…

I’m just sayin’!

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From San Mateo to Hayward


Fresno Court in Hayward

“Anna May and her team are amazing. From our first meeting with her we were impressed. She is truly dedicated to whatever she does. We felt comfortable in choosing Anna May and her team to represent us in our home buying experience. This woman knows what she is talking about. She was able to give us so much detailed information about the City of Hayward. Even when she went on vacation she was still in contact with us. Anna gave us excellent referrals. She only deals with the best. It was a wonderful experience working with Anna May and her team especially Gabriel Heredia. They made the stress of buying a home minimal. We would without a doubt recommend Anna May and her team to potential buyers. They were a true pleasure to work with.”

J & V (from San Mateo County to Alameda County)

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Shedding San Francisco in Favor of SoCal

747-28th Ave., San Francisco

“Anna is perhaps one of the most genuine realtors in the industry. While some realtors might tell you what you want to hear, she tells you what you need to hear. She really knows the industry in and out. After briefly meeting Anna back in 2008 (during the downturn in the real estate market) I knew that I wanted her as my agent during my recent sale. From the start, her and her partner Greg provided me with a very accurate analysis of my home with intelligent recommendations. She is very thorough and throughout the whole process, she always kept me updated of necessary repairs, inspections and legal matters that need addressing – and she was always there to handle it.

What I really admire about her is her ability to handle every situation diplomatically and in a professional manner, that is something worth noting in today’s industry where there is almost an endless supply of realtors. She is able to keep the focus on the main goal of getting things done in a timely manner even when unexpected situations come up. And most of all, she cares. At the end day, there may be some realtors who see a transaction just a sale, but Anna realizes that for some (as in my case) that it was not just a home, but the home I grew up in. throughout the entire process she had great respect for that and always kept that in mind during the sale of the house.”

C.L-W.

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From One Hill to Another: Hayward to Castro Valley


Hayward property sold, then Castro Valley home purchased

Anna and her team were very professional from the onset. Before we even listed our house we were presented all the comps in our surrounding area. We had the opportunity to carefully look at the information and make the best decision for our family. Her team advising on staging our house along with the professional photos helped us attain the selling price we were looking for. Anna May at Realty World truly sets the benchmark for Real Estate Companies. The next time we want to sell our house we’ll be calling Anna May. 

Thank you,

Carlos Pantoja

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A Family Affair: Hayward to Redwood City

Sold for $1,200,000
Sold for $1,200,000 in Redwood City

“Greg Jones and Realty World (Neighbors) far exceeded our expectations. Greg updated us at every stage of our sale. We were never left to doubt what had happened THE flier in JPEG Rollin_on_Prospectand what to expect in coming days. His contacts removed much of the anxiety related to the selling of my Mother’s home. I will not hesitate to recommend the services of Realty World (Neighbors).” 

-Ilse and Larry Rollin

 

“Greg Jones is an incredible real estate professional. He was instrumental in making our real estate transaction possible. Even meeting with us pro bono to go through the complexities and options available to us. With our son, we were buying a piece of property held in trust, by a family member. Greg represented both the buyers and seller and, without his expertise and his ability to keep us all informed and on track, our son’s new house might never have become a reality. In addition to representing all parties in this endeavor, he was also the agent for the sale of our son’s present home; which was to be used in part for the down payment. Greg did an amazing job of both selling our son’s home (6 days of the market) and closing in record time; which in turn allowed for the closure of this deal weeks ahead of schedule. We would definitely recommend both Greg and his associates at Realty World Neighbors for your real estate needs.”

-Bruce and Dottress R., Redwood City, CA

“I could not be happier with the quality of service Anna & Greg provided, very professional, great knowledge, and very respectful to our needs. We were on a tight timeline to sell our house, and Anna & Greg made it happen without any issues. I would highly recommend Anna & Greg to anyone needing help selling or buying a home!!”

-Eric Rollin

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Shedding the Excess: Scaling down the portfolio

Saint Helena“We are very pleased with the service Anna provided. Excellent and professional in every way. We had tried Sale-by-owner and at least another agent and had really unsatisfactory results (none). We signed on with her and within 15 day we had multiple offers and sold it. We closed on an offer of 14k over asking price. It happened so suddenly we found ourselves still reading the HOA news letter a week after the sale- LOL. She provided personal customer service that is hard to come by. She payed special attention to details and all flowed smoothly like clock work. Her hard work made our experience care free and stress free. Thank you Anna May!”

Ignacio & Alicia Lucero

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