The Voice of East Bay Living

Join me for a drive through Piedmont and to visit one of The Grubb Company's new listings on Sea View. Check out the video below for a look at the rear garden of this beautiful property.

Who are the Milllenials? –described as the “Awesome” generation Ages 20-38 Born between 1977-1995 average income of $200,000 + average net worth of $5 million single greatest transfer of wealth in history of U.S. transfer of money coming from parents and grandparents They are looking for the following criteria in a new home: life style not location urban settings turn key homes home theaters swimming pools outdoor kitchen 4+ garages separate guest house safe room where they can lock themselves in

1. Prices will continue to rise. The most recent home price expectation survey shows that home values in the next five years will rise 30.8% ( most optimistic ) and 9.4% (most pessimistic). 2. Mortgage rate interest rates are increasing. 3. Either way you are paying a mortgage. If you are renting you are paying the owner's mortgage. If you own your home you're paying your own mortgage AND getting tax benefits. 4. Now is the time to make a move. Visit GlassSabine.com Contact Team Glass Sabine at  ssabine @grubbco.com 

We are seeing some consistent trends in this hot market. Multiple offers are rampant, thirty percent of offers in all price ranges are all cash, one third of all offers have no contingencies, preemptive offers are on the rise (this means that offers are being presented before the house officially comes on the open market). and in the end, many buyers are asking the same question, "Did I overpay?" The response from agents is that buyers have to put their best foot forward or they will not get the house. Buyers are also being advised that they have to look at real estate as a long term investment. As agents, we are asking the question - "Is the sky the limit?" A crystal ball would be helpful.   Visit GlassSabine.com Contact Team Glass Sabine at ssabine @grubbco.com