These Fourth of July events will inspire your patriotism anew. Not Just Fireworks: 12 Kooky, Kitschy, Tasty + Creepy-Crawly Fourth of July Events.
Celebrate our nation's B-day with hot-dog-eating and watermelon-seed-spitting competitions, a big beard contest, a reptile show, a chili cook-off, beach tug-of-war, a bar crawl, and more. Read full article @elizabethGkilgore
The city is poised to approve the long-awaited upzoning of Central South of Market. It will transform around 230 acres of mostly low-rise warehouses and industrial shops into a mixed-use area that will be one of the city’s densest neighborhoods. Planned projects total 8,320 homes and 8 million square feet of office space to accommodate up to 40,000 new jobs. Read article @elizabethGkilgore
Real Estate Roundup: The Median Down Payment in Silicon Valley Is $300,000
The Median Down Payment in Silicon Valley Is $300,000. Median down payment increases 27 percent from year ago. Bay area homebuyers continue to lead the nation for down-payment size. The Bay Area also leads the country for the number of co-buyers, home purchases made by multiple nonmarried parties. Co-buyers accounted for 48.3 percent of sales in San Jose and 37.9 percent in San Francisco.
Read the recent report currently is in the Bay Area’s sky-high housing market. Read full article @elizabethGkilgore
Home Prices Are Peaking Everywhere as Summer Arrives
California and Bay Area home prices reached new highs in May. Home Prices Are Peaking Everywhere as Summer Arrives. Resulting of more buyer demand than properties for sale. May saw the most new homes in a decade completed in the U.S. But is it enough? Read full article @elizabethGkilgore
This stylish, waterfront home enjoys intimate views of Keil Cove, Raccoon Strait, Angel Island and towards the East Bay. The house has a wonderful, open floor plan with the living room, dining room and kitchen all integrated together and oriented towards the water. Downstairs are 2 en-suite bedrooms with good storage. Upstairs is a romantic master suite with a fireplace. There is off-street parking for two cars. Easy access to town and ferries.
CALL415-517-1577 or EMAIL us to schedule a showing! View complete details of the property@elizabethGkilgore
California’s Unemployment Rate Maintains Record Low in May
Here is a short animation that highlights California’s May jobs report. Analysis by Pacific Union Chief Economist Selma Hepp. Read full article @elizabethGkilgore
California’s unemployment rate remained at a record-low 4.2 percent in May.
All California metro areas saw employment rise over the past three months.
San Francisco and San Mateo counties added 2,100 jobs from April, and the unemployment rate dropped to 2 percent.
San Francisco Has the Nation’s Fewest Delinquent Mortgage Holders
San Francisco has the Lowest Mortgage-Delinquency Rate. For the latest real estate data, read full article @ elizabethGkilgore
The U.S. mortgage-delinquency rate dipped to 4.3 percent in March, the lowest since March 2007.
In the San Francisco metropolitan area, 1.5 percent of homeowners are delinquent on their mortgages, the fewest of any large U.S. housing market.
Mortgage delinquencies rose in the Santa Rosa and Napa metro areas from one year earlier, likely a result of October’s wildfires.
A thriving economy and rising home equity have helped pushed mortgage delinquencies to the lowest point since before the Great Recession, with San Francisco claiming the best late-payment rate of any large U.S. city.
Millennial migration favors San Jose despite cost of living, says census
Do you know the way?
San Jose is a prime destination for Millennial migration despite the high cost of living, census date suggests. Read full article @ elizabethGkilgore
Here’s how the numbers sorted:
For 2016, Miller reports that 19,943 new residents ages 20-34 came to San Jose between 2015 and 2016.
The census reports that San Jose’s total population in 2016 was 1,031,942, up 4,382 from the previous year.
Naturally, the most likely explanation for San Jose’s youth boom is Silicon Valley jobs. Market Watch reported in 2017 that “millennials working in tech are being hired almost 50 percent more than their workforce.
The Bay Area’s Median Home Price Climbs to $1 Million in May
Homes sales activity matched last May, with San Francisco showing the strongest gain, up by 7 percent year over year. It is with almost no surprise to note that the Bay Area’s median home price kept rising rapidly in May to reach $1 million, a 17 percent year-over-year increase.
Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest Bay Area real estate market conditions. Read full article @ elizabethGkilgore
Marin County is an area of superlative natural beauty. With a population of about 250,000 people living in 520 square miles, Marin County offers its residents plenty of room to roam. Most of Marin’s population lives along its eastern side near San Francisco Bay, while the rest of the county contains large areas of parklands, open space, and agricultural lands.
Marin provides endless opportunities to enjoy the outdoors. It is home to treasures like Muir Woods National Monument, Point Reyes National Seashore, and the Golden Gate National Recreation Area. While Marin was the birthplace of mountain biking, its residents also hike, surf, sail, kayak, golf, hang glide, and ride horses. The oldest trail race in America, The Dipsea, is held every year on the second Sunday in June. Tiburon's Corinthian Yacht Club hosts races on the bay.
Tiburon’s waterfront location makes it a prime destination for Marin County homebuyers. Read the full article about the surrounding and neighborhood of Tiburon.
WEEKEND OPEN HOUSE! Sunday, June 10th, from 1:00 PM to 4:00 PM. CALL me TODAY at 415-517-1577 to schedule a showing. View full detail @elizabethGkilgore
JUST LISTED! Luxury Home for Sale in Tiburon CA. Fantastic opportunity in Tiburon - not on the market in over 40 years (Tax record say over .5 an acre). With 5 bed /2 bath and multiple outdoor areas to relax or play, gracious entertaining spaces & cozy common areas.
Come and Join our Open House this Sunday, June 10th, from 1:00 PM to 4:00 PM. CALL me TODAY at 415-517-1577 to schedule a showing. View full detail elizabethGkilgore
Pacific Union Chief Economist Selma Hepp examines historic mortgage rate trends and forecasts where rates might settle. California housing markets have continued to see robust demand in 2018, driven by favorable demographics and economic growth.
Strong demand coupled with dwindling inventory are the main reasons that home prices have maintained double-digit percent annual increases. Nevertheless, continued increases in mortgage rates are a concern for housing demand going forward, as affordability constraints price more households out of the market.
Thirty-year, fixed-rate mortgages in 2018 have been rising at the fastest pace in 50 years and reached 4.66 percent for the week ended May 24 before dropping to 4.56 percent this week.
However, mortgage rates did not increase proportionally to the federal funds rate determined by the Federal Reserve because they are determined by longer-term economic factors beyond solely the influence of central banks and monetary policy.
There are concerns that if the rate hikes are too aggressive, they could tip the U.S. economy into recession.
As Summer Nears, Homeowners Have Outdoor Parties in Mind
Two-thirds of homeowners who are improving their outdoor spaces expect to spend more time outside, and just more than half say that they will entertain guests more often.
As in 2017, fire pits are projected to be the most popular outdoor design amenity this year, cited by 66 percent of landscaping professionals.
Of all outdoor home-improvement projects, adding native and drought-tolerant plants is expected to see the most demand in 2018.
Seating, nearly imperative for a good outdoor party, also ranked high in both surveys. Houzz found that 43 percent of homeowners were upgrading their outdoor spaces with plenty of lounge furniture, while about 60 percent of professionals surveyed by ASLA pointed to seating and dining areas and outdoor furniture as amenities they expect their clients to want. And of course, what’s a backyard barbecue without a place to cook outside? Nearly 60 percent of ASLA professionals think that homeowners will install outdoor kitchens, and exactly 50 percent say that grills will be in high demand.
Robust 2017 economic growth in California helped push the state to the world’s fifth-largest economy, surpassing the United Kingdom. Only the U.S., China, Japan, and Germany now have larger economies than California. The size of California’s economy is a little more than one-tenth of the size of China’s economy.
In 2017, California’s gross domestic product (GDP) reached $2.747 trillion, up by $127 billion from 2016. Table 1 ranks the world’s 25 largest economies.
Between 2016 and 2017, the leading contributor to California’s economic growth was the information sector, which accounted for one-quarter of the total gain, followed by durable-goods manufacturing; real estate and rental and leasing; and health care and social assistance. These industries were also the leading contributors to the national economic growth in 2017. Agriculture, forestry, fishing, and hunting and nondurable-goods manufacturing were the sectors which contracted in 2017.
Real estate and rental and leasing were the leading contributors to real GDP increases in Colorado and Nevada. Health care and social assistance were the leading contributors to the increase in real GDP in Arizona. In Washington, retail trade and information drove the growth.
I was born and raised on the Tiburon Peninsula and have been working in real estate for over a decade. I’ve consistently been an award-wining producer and I’m very excited to be part of a team that harnesses the strength and breadth of service that is offered by Pacific Union. This valuable resource, combined with being a Marin native, gives me an edge few Realtors can claim. Prior to becoming a Realtor, I worked in the fashion and television production industries which galvanized qualities within me that have translated well into the real estate business: great people skills, adept problem-solving abilities, and savvy negotiating skills. I really enjoy what I do and believe that at the base of it all, real estate is a people business. The most rewarding piece of this profession for me has been the relationships I have developed with my clients over the years.
I’m active within my local community as a board member of the Tiburon Peninsula Foundation (TPF), a group that provides seed-funding for local projects through grant requests. The TPF has made significant contributions to our community by funding some wonderful events and projects that benefit area residents. Grant funds are used to offer classes, study space and play space to members of all ages in the community.
As a Marin native, I naturally bring a unique perspective about this community to the work I do. I am a dedicated advocate for my clients and committed to go that extra mile to help navigate the real estate process seamlessly, whether searching for that “right property” for buyers or mapping out the most effective sales strategy for sellers.
I look forward to the opportunity to help you through this process.
Professional affiliations:
Marin Association of Realtors
California Association of Realtors
National Association of Realtors
Charitable affiliations:
Tiburon Peninsula Foundation
