April Market Update

Here are the stats for San Mateo and Santa Clara Counties for April 2023

Whether selling a home or buying one, each client is unique and each market and price point differ. Let us customize a Real Estate strategy for you and let The Caton Team guide you to your goals. 🗝️ It’s what we do.

How can The Caton Team Help You? Contact The Caton Team 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Each market is unique and with over 40 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

Got Questions? The Caton Team is here to help.

Call | Text | Sabrina 650.799.4333 |  EMAIL  |  WEB  |   BLOG

We love what we do and would love to help you navigate your sale or purchase of Residential Real Estate. Please reach out for a personal consultation. Please enjoy our free resources below and get to know our team TESTIMONIALS.

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Get exclusive inside access when you follow us on Facebook & Instagram

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral, or need some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |EMAIL |  WEB|   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pinterest | LinkedIn Sabrina

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third-party information not verified.

The Stats are In… Market Snapshot for San Mateo, Santa Clara, & San Francisco Counties for 4.12.23-4.24.23

Hello Caton Team Friends,

Here’s our tri-county Market Snapshot for San Mateo, Santa Clara, and San Francisco Counties – Dates 4.12.23-4.24.23 📈📊📉

Whether selling a home or buying one, each client is unique and each market and price point differ. Let us customize a Real Estate strategy for you and let The Caton Team guide you to your goals. 🗝️ It’s what we do.

How can The Caton Team Help You? Contact The Caton Team 650.799.4333 | Email Info@TheCatonTeam.com


San Mateo County – everything is up! Sales are up, new listings are up, pendings are up. The sun is shining and we are in Real Estate season. Are you ready to jump in? How can The Caton Team help? Call/Text 650.799.4333 or Email Info@TheCatonTeam.com

Santa Clara County saw the same action as San Mateo – blame it on the No – Rain! Our Spring Market has arrived. How can The Caton Team help? Call/Text 650.799.4333 or Email Info@TheCatonTeam.com

San Francisco saw action as well. If there is one thing I like to say – Real Estate has been appreciating in the San Francisco Bay Area since 1849!

Looking forward to watching this market while guiding our clients to their goals. Let us know how we can be of service.

Contact The Caton Team Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Each market is unique and with over 40 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

Got Questions? The Caton Team is here to help.

Call | Text | Sabrina 650.799.4333 |  EMAIL  |  WEB  |   BLOG

We love what we do and would love to help you navigate your sale or purchase of Residential Real Estate. Please reach out for a personal consultation. Please enjoy our free resources below and get to know our team TESTIMONIALS.

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Get exclusive inside access when you follow us on Facebook & Instagram

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral, or need some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |EMAIL |  WEB|   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pinterest | LinkedIn Sabrina

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third-party information not verified.

The Stats are In… Market Snapshot for San Mateo, Santa Clara, & San Francisco Counties – 4.4.23-4.12.23

Hello Caton Team Friends,

Here’s our tri-county Market Snapshot for San Mateo, Santa Clara, and San Francisco Counties – Dates 4.4.23-4.12.23 📈📊📉

Whether selling a home or buying one, each client is unique and each market and price point differ. Let us customize a Real Estate strategy for you and let The Caton Team guide you to your goals. 🗝️ It’s what we do.

How can The Caton Team Help You? Contact The Caton Team 650.799.4333 | Email Info@TheCatonTeam.com


Blame it on the sunshine – San Mateo County saw a nice increase in new listings of single-family homes and condos. We saw homes go pending this week while watching to see what closes. This is a nice indication that we should have a good Spring Real Estate season.

Santa Clara County has a lot of new listings and pending sales for single-family homes. Homes went pending while condos saw a bit of a slowdown. Homes are hot in Santa Clara County, and condo sales were a bit slow. Still, a good indication we’re heading into a good Spring.

San Francisco saw pending sales go up – meaning buyers our out and writing good offers. The condo market is a bit stronger in San Francisco – I’ll go with affordability on that one.

Looking forward to watching this market while guiding our clients to their goals. Let us know how we can be of service.

Contact The Caton Team Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Each market is unique and with over 40 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

Got Questions? The Caton Team is here to help.

Call | Text | Sabrina 650.799.4333 |  EMAIL  |  WEB  |   BLOG

We love what we do and would love to help you navigate your sale or purchase of Residential Real Estate. Please reach out for a personal consultation. Please enjoy our free resources below and get to know our team TESTIMONIALS.

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Get exclusive inside access when you follow us on Facebook & Instagram

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral, or need some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |EMAIL |  WEB|   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pinterest | LinkedIn Sabrina

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third-party information not verified.

The Stats are In… Market Snapshot for San Mateo, Santa Clara, & San Francisco Counties 3.28.23-4.4.23

Hello Caton Team Friends,

Here’s our tri-county Market Snapshot for San Mateo, Santa Clara, and San Francisco Counties – Dates 3.28.23-4.4.23 📈📊📉

Whether selling a home or buying one, each client is unique and each market and price point differ. Let us customize a Real Estate strategy for you and let The Caton Team guide you to your goals. 🗝️ It’s what we do.

How can The Caton Team Help You? Contact The Caton Team 650.799.4333 | Email Info@TheCatonTeam.com


San Mateo County saw a nice uptick in new listings of single-family homes – including, pending and sold! This is lovely to see – nice weather bodes well for our market. An increase in pendings means accepted offers – and buyers are getting approved. We’re seeing Spring in the air and in our marketplace.

Santa Clara County saw a nice increase in accepted offers / pendings. Which means buyers are out there and writing offers. Multiple offers are still happening but not with every property – so please reach out for a custom analysis.

San Francisco saw a decrease in new listings and closings (sold) but pendings were up – echoing my previous thoughts – buyers are out and writing solid offers! The townhome/condo market had some nice gains – which relates with affordability.

Looking forward to watching this market while guiding our clients to their goals. Let us know how we can be of service.

Contact The Caton Team Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Each market is unique and with over 40 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

Got Questions? The Caton Team is here to help.

Call | Text | Sabrina 650.799.4333 |  EMAIL  |  WEB  |   BLOG

We love what we do and would love to help you navigate your sale or purchase of Residential Real Estate. Please reach out for a personal consultation. Please enjoy our free resources below and get to know our team TESTIMONIALS.

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Get exclusive inside access when you follow us on Facebook & Instagram

| HOW TO SELLGET READY CAPITAL – Loans to Prep for Sale | VIRTUAL STAGING | A GUIDE TO BUYING | BUYING INFO |  MOVING | TESTIMONIALS

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral, or need some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |EMAIL |  WEB|   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pinterest | LinkedIn Sabrina

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third-party information not verified.

The Stats are In… Market Snapshot for San Mateo, Santa Clara, and San Francisco Counties 3.20-3.28.2023

Hello Caton Team Friends,

Here’s our tri-county Market Snapshot for March 20-28 2023 📈📊📉
Sales are sluggish – I’m blaming the weather, we had to reschedule a few appointments due to the storm but I am proud to say – one of those pending sales in Santa Clara County was a huge WIN for The Caton Team and our client.


Whether selling a home or buyer, each market and price point is different – Let The Caton Team guide you to your goals. 🗝️ It’s what we do. How can The Caton Team Help You?


San Mateo County saw a slowdown in new listings, pendings and solds for this snapshot for both homes and condos. I think this is storm-related.

Santa Clara County saw a slow down – but The Caton Team had a win!

SF had an uptick in pendings! Glad to see the weather didn’t keep these buyers out.

In our personal experience, a few units went pending while we were on the way to show them. Two were over 30 days on the market and one sold right after the open house. Our client was successful by venturing off with us prior to the weekend and we had our offer accepted on Saturday evening, no need for the open house!

Looking forward to watching this market while guiding our clients to their goals. Let us know how we can be of service.

Contact The Caton Team Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

Contact The Caton Team 📲 Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Each market is unique and with over 35 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |  EMAIL  |  WEB  |   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

The Stats are In… Market Snapshot for San Mateo, Santa Clara and San Francisco Counties

Hello Caton Team Friends,

Here’s our tri-county Market Snapshot for the first half of March 2023 📈📊📉
Wow – What a month thus far. The market is feeling the shock of the SVB bailout – however – perhaps interest rates will stay where they are rather than rise as forecasted.
Whether selling a home or buyer, each market and price point is different – Let The Caton Team guide you to your goals. 🗝️ It’s what we do. How can The Caton Team Help You?


The Mateo County saw a slowdown in new listings, pending and solds for this snapshot. A few homes even were pulled from the market. However, we saw an uptick in condo/townhome sales both in pending and solds. Savvy buyers getting in while they can.

San Francisco County saw an increase in new and active listings, while pendings and solds were down. I think this is a reflection of the price point and the job market in SF. But have no fear, Real Estate is a cycle, and this downturn in the market is what buyers have been waiting for – though the interest rate didn’t help their cause – but refinancing when rates come down will be an option.

Santa Clara saw the most change, with new and active listings down. However, sales made early in the month and February closed!

Over all, in the past week – we’ve noticed properties are having more interest, buyers are getting approved for loans and I’m seeing a few properties with offer dates and 3-5 offers.

Looking forward to watching this market while guiding our clients to their goals. Let us know how we can be of service.

Contact The Caton Team Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Whether you are selling or buying – today or tomorrow – contact The Caton Team – we’re happy to help you achieve your Real Estate goals. 

Effective. Efficient. Responsive. The Caton Team 🏡 

Contact The Caton Team 📲 Sabrina 650.799.4333 | Email Info@TheCatonTeam.com

Each market is unique and with over 35 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime during your journey, together we’ll help you achieve your Real Estate goals.

 Call | Text | Sabrina 650.799.4333|Email|Info@TheCatonTeam.com

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – wouldn’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |  EMAIL  |  WEB  |   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

A Caton Team Exclusive Lisiting – Shoreview San Mateo

Welcome home to this stunningly remodeled Shoreview home.  Luxury laminate flooring throughout the home is warm and inviting as you pass through the living room with wood burning fireplace and enter the contemporary dining room with garden view.  Designer lighting and fixtures can be found throughout the home. The exceptionally remodeled kitchen features white wood cabinetry with abundant storage, beautiful warm colored granite counter tops and deluxe stainless appliances including gas stove, dishwasher, refrigerator and built-in microwave.  The remodeled bath features pedestal sink with designer faucet and shower over tub with tile surround.  The front master bedroom is spacious enough for a king bed and the closet features an innovative barn door closure.  The rear second bedroom of the same size has views of the back yard.  Laundry and storage is located in the single car garage with access to the side yard and kitchen.  The front yard includes well manicured lawn, trees and shrubs.  The large back yard is perfect for family enjoyment and entertaining.  From the new patio wander through the tree-lined path to a rear entertainment or lounging deck.  A perfect retreat from the hustle and bustle of the day.  Storage sheds provide space for garden and yard equipment. The home is convenient to Bridgepoint shopping, Hillsdale Mall, Highways 101 and 92, and the San Mateo Bridge.  Employees of the new Coyote Point Facebook Campus will find an easy commute without driving on the freeway.  Not currently listed in the MLS, this home is available to preview by appointment. Offers will be considered at any time.  Contact us anytime for further information or a private showing.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

Shoreview Home Information  |  PHOTOS of Shoreview on Facebook

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

 

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

How Generational Differences Are Drive Housing Preferences

I find this information very interesting, the difference between generations when buying their home – enjoy this article I found.

Generational Differences Drive Housing Preferences?

Younger home buyers tend to view their home as a strong investment, more so than older buyers who tend to view their homes as a match to their lifestyle, according to the 2014 NAR Home Buyer and Seller Generational Trends study, based on a survey of more than 8,700 responses from buyers and sellers.

The survey provided an in-depth look at the generational differences of recent home buyers and sellers.

The largest group of recent buyers is millennials, those under the age of 34, who comprised 31 percent of recent home purchases, according to the NAR survey. Generation X buyers, born between 1965 and 1979, accounted for 30 percent of recent purchases, and younger boomers, born between 1955 and 1964, accounted for 16 percent.

“Given that millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand,” says Lawrence Yun, NAR’s chief economist. “Moreover, their aspiration and the long-term investment aspect to owning a home remain solid among young people. However, the challenges of tight credit, limited inventory, eroding affordability, and high debt loads have limited the capacity of young people to own.”

The median age of millennial home buyers is 29 and the median income is $73,600, according to the NAR study. They typically purchased an 1,800-square-foot home costing about $180,000.

In comparison, gen X buyers’ median age is 40 and median income is $98,200, and they tend to purchase a 2,130-square-foot home costing $250,000.

Among some of the study’s other findings:

  • 87 percent of buyers age 33 and younger consider their home purchase a good financial investment compared to 74 percent of buyers 68 and older.
  • Millennials were more likely to buy in an urban or central city area than older boomers.
  • Younger buyers tended to place higher importance on commuting costs than older generations. Older generations tended to place more emphasis on energy efficiency, landscaping, and community features.
  • Millennials plan to stay in the home for 10 years while the baby boom generation plan to stay for 20 years.
  • Younger buyers tend to move to larger, higher-priced homes, but “there is a clear trend of downsizing to smaller homes among both younger and older baby boomers and the Silent Generation (those born between 1925 and 1945),” according to the study.

Source: National Association of REALTORS®

What are your thoughts on the future of home buying?  I know – the price of homes listed on this article is the national average – NOT the San Francisco Peninsula where nothing is priced that low.  But I did find this article interesting – especially the differences between Generation X and the Millennials. 

I read this article at:  http://realtormag.realtor.org/daily-news/2014/03/12/generational-differences-drive-housing-preferences?om_rid=AACmlZ&om_mid=_BTII85B84y54x2&om_ntype=RMODaily

Remember to follow our Blog at: https://therealestatebeat.wordpress.com/

Got Questions? – The Caton Team is here to help.  

Email Sabrina & Susan at:  Info@TheCatonTeam.com

Call us at: 650-568-5522  Office:  650-365-9200

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  http://thecatonteam.com/mobileapp

Visit our Website at:   http://thecatonteam.com/

VISIT OUR NEW INSTAGRAM PAGE:  http://instagram.com/thecatonteam

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp us at: http://www.yelp.com/biz/the-caton-team-realtors-sabrina-caton-and-susan-caton-redwood-city

Or Yelp me:  http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Connect with us professionally at LinkedInhttp://www.linkedin.com/profile/view?id=6588013&trk=tab_pro

Please enjoy my personal journey through homeownership at:

http://ajourneythroughhomeownership.wordpress.com

Thanks for reading – Sabrina

The Caton Team – Susan & Sabrina – A Family of Realtors

Sabrina BRE# 01413526 / Susan BRE #01238225 / Team BRE#70000218/ Office BRE# 01499008

Buying a House Solo? Here are some tips…

3 Next-Gen House Hunting Tips for Singles

The American household has changed – big time. More and more, people get married later in life, if at all. Many even go from married to single and back multiple times throughout their lives. This all means that more and more people are buying homes while single. Many unmarried folks are buying homes to live in on their own, while others are looking for homes to live in with their children, parents or other partners – past, present and future.

If you’re embarking upon the process of buying a home on your own, here are a few things to factor into your thought process and your action plan:

1. Solo doesn’t necessarily mean condo. A decade or two ago, many single house hunters were automatically directed toward low-maintenance condos and townhomes. And truthfully, some singles still enjoy the tax and financial advantages of ownership without the responsibilities of caring for lawns, roofs and other so-called “single family home” features they have no use for.

That said, the descriptor of a detached, standalone property as a “single family home” is woefully out of date. Many single people are electing to purchase detached homes for a number of reasons. Chief among them include:

  • Needing the square footage to allow their household to expand to include future partners, future children, adult children, or even elderly parents
  • Needing extra rooms (or even extra apartments!) to rent out, do hobbies in or run a home business from, and
  • Having the outdoor space for dogs, cats, horses and vegetable gardens, oh my!

If you are dreaming of a life in more of a home than your friends and family members think you can handle and you can well afford the home of your dreams, don’t be daunted. Reach out to other people in your circle of friends who are single and own either single family homes or condos and townhomes to get a sense for their experience. If you decide to go with a condo, make sure you read the HOA disclosures thoroughly and that you understand what you’re getting for your HOA dollars. (Hint: HOA dues often cover expenses you would pay out of pocket otherwise, like waste management fees, landscaping, building insurance and even roof and window maintenance.)

But if you do decide to go the single family home route, make sure you ask your circle (and your agent) for referrals to the contractors, gardeners and handyfolk who can make home maintenance on your own much more doable. It takes a village to maintain a home over the long run. So get a village!

2. Pay extra close attention to home inspections and home warranty provisions. Much of what’s scary about solo home ownership are the seeming risks around things that could go wrong. The most common such fear is a valid one: What happens if something goes wrong with the house? With just one income, it can be frightening to think of how rapidly a lemon of a house could rock your entire financial world.

There are a couple of tools you can build into your transaction that can massively mitigate just this risk. First, your home inspections. Most people think of home inspections as almost pass-fail: if they reveal devastatingly expensive issues, they back out of the deal. But if they don’t surface any fatal flaws, the deal is on.

Single home buyers should view their home inspections as the opportunity to spend a few more hours in the home, discovering its warts and all, before they move forward with the deal. Take special care to attend your inspections in person, ask the inspector to show you the issues they find while they’re on site. Read the reports and get any follow-up inspections or repair bids before your contingency period runs out. That way, you’ll have a concrete idea of the financial exposure to repairs that are needed right now while you can still either (a) negotiate to get the seller to chip in or (b) back out of the deal without penalty, if you need to.

The second tool is a largely underrated one: your home warranty plan. Most buyers get one, and often sellers pay for it. But what many buyers don’t realize is that (a) they can pay to upgrade the plan so that the warranty company will cover a wide assortment of future home repairs, and (b) they can and should renew their home warranty plan annually, in the future. Having the ability to ring up the home warranty company and spend $50 for a service call when your water heater, furnace, or plumbing goes on the fritz can dramatically reduce the fear factor of solo home ownership.

3. Consult with legal and financial pros before you buy with a relative, friend or partner. Buying a home with a friend, a parent, a sibling or even a life partner can seem like the cure for what ails a single person’s home buying situation. Namely, it injects additional financial resources, allows you to buy a pricier (read: larger, nicer, better located) property than you could on your own, and even positions you to have help making hard house hunt decisions and maintaining the place going forward.

Co-buying has big benefits, but it also poses some serious questions – questions that a lawyer, tax advisor or financial planner can help you anticipate and resolve, in advance, to avoid conflicts later. If you decide to go the co-buying route, make the investment of time and money up front to get some professional advice about how to structure the transaction and the financial relationship. Doing so, and reducing the agreement to a clear, professionally-drafted written contract that is recognized by and filed on record with the relevant state and local governments can go a very long way toward helping you avoid later damage to the interpersonal relationship with your co-buyer.

BUYERS: Did your status as single or married factor into your house hunting decisions? If so, how? If not, why?

I read this article at:  http://www.trulia.com/tips/2014/03/3-next-gen-house-hunting-tips-for-singles/?ecampaign=cnews&eurl=www.trulia.com%2Ftips%2F2014%2F03%2F3-next-gen-house-hunting-tips-for-singles%2F

Remember to follow our Blog at: https://therealestatebeat.wordpress.com/

Got Questions? – The Caton Team is here to help.  

Email Sabrina & Susan at:  Info@TheCatonTeam.com

Call us at: 650-568-5522  Office:  650-365-9200

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  http://thecatonteam.com/mobileapp

Visit our Website at:   http://thecatonteam.com/

VISIT OUR NEW INSTAGRAM PAGE:  http://instagram.com/thecatonteam

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp us at: http://www.yelp.com/biz/the-caton-team-realtors-sabrina-caton-and-susan-caton-redwood-city

Or Yelp me:  http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Connect with us professionally at LinkedInhttp://www.linkedin.com/profile/view?id=6588013&trk=tab_pro

Please enjoy my personal journey through homeownership at:

http://ajourneythroughhomeownership.wordpress.com

Thanks for reading – Sabrina

 The Caton Team – Susan & Sabrina – A Family of Realtors

Sabrina BRE# 01413526 / Susan BRE #01238225 / Team BRE#70000218/ 01499008

Ever had a Crush on a House?

Ever had a Crush on a House?

Realtor.com® Survey: Men, Women Dig on Digs Differently

So, you’ve got it bad for “the one” — you know, the one that keeps you awake at night fantasizing about the day when you can be together.

Wait a second. We aren’t talking about that one — we’re referring to a different kind of love affair: a “home crush.” If you’ve found yourself swooning over a house you just can’t get out of your head, you’re not alone.

In a new realtor.com® survey, 69 percent of the 1,000 people who responded said they have had a “home crush” – a home they liked so much that they were drawn back to looking at it more than once online or in person.

“We conducted the survey to see how searching for ‘the one’ in real estate correlates to searching for ‘the one’ in love, and we found that they are very similar,” said Barbara O’Connor, chief marketing officer at realtor.com®. “Buyers have to evaluate crushes based on turn-ons and turn-offs and whether the home is in their league, so they often find themselves spending a good amount of time checking out their crush online.”

But what do you do when you’re pining for that perfect dwelling? Just as in romance, men and women respond to their home crushes quite differently, the survey found. Women were more likely than men to have a crush on a home that was out of their league financially, while men moved from one home crush to another more frequently than women.

Men and women tend to fall for the same things when it comes to houses, though. Of those surveyed, 54 percent of women and 46 percent of men said they tended to fall in love with outdoor living spaces. Women also swooned for open floor plans and appliances and fixtures, while men’s hearts raced over a good garage and curb appeal.

“Whether it’s love or real estate, having a short list of deal breakers is critical for finding ‘the one’ to help buyers weed through the crushes to find the home of their dreams,” said Leslie Piper, consumer housing specialist at realtor.com®.

Majority of all surveyed consumers report having a home crush:

69 percent of those surveyed said they have had a house crush

31 percent said they have not had a crush on a house

Women are more likely to cultivate crushes on homes that are out of their league financially:

Of the women included in the survey…

41 percent revealed that their home crush is out of their price range

59 percent reported that their home crush is in their price range

 

Of the men included in the survey…

30 percent indicated their home crush is out of their price range

70 percent shared that their home crush is in their price range

 

I’ve had my share of home crushes – for myself and my client.  Have you?  Please share!

 

I read this article at: http://www.realtor.com/news/men-women-dig-on-digs-differently/?cid=EML301887&MID=2014_02_BoB_2013_ROLLOUT&RID=9851214#.Uvvp9Xl4wpE

Remember to follow our Blog at: https://therealestatebeat.wordpress.com/

Got Questions? – The Caton Team is here to help.  

Email Sabrina & Susan at:  Info@TheCatonTeam.com

Call us at: 650-568-5522  Office:  650-365-9200

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  http://thecatonteam.com/mobileapp

Visit our Website at:   http://thecatonteam.com/

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp us at: http://www.yelp.com/biz/the-caton-team-realtors-sabrina-caton-and-susan-caton-redwood-city

Or Yelp me:  http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Connect with us professionally at LinkedIn:  http://www.linkedin.com/profile/view?id=6588013&trk=tab_pro

Please enjoy my personal journey through homeownership at:

http://ajourneythroughhomeownership.wordpress.com

Thanks for reading – Sabrina

The Caton Team – Susan & Sabrina – A Family of Realtors

Sabrina BRE# 01413526 / Susan BRE #01238225 / Team BRE#70000218/ 01499008