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	<title>Coastside Life &#187; Open Houses</title>
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		<title>Have a Successful Open House!</title>
		<link>http://www.coastsidelife.com/2011/12/have-a-successful-open-house/</link>
		<comments>http://www.coastsidelife.com/2011/12/have-a-successful-open-house/#comments</comments>
		<pubDate>Wed, 21 Dec 2011 03:47:34 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[Great Service - Real Value]]></category>
		<category><![CDATA[Half Moon Bay Community]]></category>
		<category><![CDATA[Helpful Hints]]></category>
		<category><![CDATA[Moss Beach]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[Pacifica CA Real Esate]]></category>
		<category><![CDATA[Pacifica Real Estate]]></category>
		<category><![CDATA[San Mateo Ca]]></category>
		<category><![CDATA[Seller Tips]]></category>
		<category><![CDATA[Staging]]></category>
		<category><![CDATA[California Coastside Area]]></category>
		<category><![CDATA[Coastal Real Estate]]></category>
		<category><![CDATA[El Granada]]></category>
		<category><![CDATA[Half Moon Bay]]></category>
		<category><![CDATA[Montara]]></category>
		<category><![CDATA[Pacifica]]></category>
		<category><![CDATA[san mateo county]]></category>
		<category><![CDATA[san mateo real estate]]></category>

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alt="" width="187" height="139" />If you’ve been thinking of selling your home in any of the coastal towns of Moss Beach, Half Moon Bay, El Granada, Pacifica or Montara, having an open house is a great way to get buyers in your house! </p>
<p>  As <a href="http://www.coastsidelife.com/" target="_blank">San Mateo</a> Coastal Real Estate agents; we understand the importance of hosting a great open house.  Buyers want to see the ins and outs of your home and there are six key ways to help your home have a successful open house!</p>
<p><a href="http://styledstagedsold.blogs.realtor.org/category/staging-tips/" target="_blank">1. Make it Generic- </a>While it’s great to make your home personal, your pictures, children’s art or your to do list on the refrigerator can be a large distraction to potential buyers.  They need to be able to envision themselves in your home, so putting away those personal items will help buyers picture their life in your coastal home.</p>
<p>2. Clear Counters- Look at your kitchen or bathroom counters from a outsiders viewpoint.  Do you have too many appliances cluttering your kitchen counter?  Clearing this space will make their appear to be more room for cooking or their own storage.  If your bathroom counters are filled with perfumes, toothbrush holders, etc… take time to put them in cabinets or drawers so buyers can see the actual size of the space.</p>
<p>3. Set the Table- This may not seem necessary, but having your dining room table set with nice place settings add a touch of class and can help the San Mateo Coastal buyer envision hosting their own dinner parties.</p>
<p>4. First Impressions- Believe it or not, a nice doormat or attractive porch can really set the tone for the entire open house.  If there’s an old doormat , chipped <a href="http://www.homedepot.com/Paint/h_d1/N-5yc1vZar2d/h_d2/Navigation?langId=-1&amp;storeId=10051&amp;catalogId=10053&amp;cm_mmc=SEM|THD|G|BT2|Paint&amp;skwcid=TC|14272|home%20depot%20paint||S|e|12938633253" target="_blank">paint</a> or nothing special about the entrance to your home, buyers may feel that you don’t really care.  A welcoming setting from the start will instantly let buyers know that your home is well-maintained and that each area of your home is cared for.</p>
<p>5. Get to the Heart- The best way to appeal to the buyers’ heart is through offering something special when they walk in the door.  Whether you bake fresh cookies, have hot chocolate or coffee in the cooler months, or have lemonade for them on your counter as it starts to get warmer; these added touches will set your home apart.</p>
<p>6. Don’t Stick Around- While it may be tempting to want to hear what the potential buyers have to say, it can be awkward when the seller is present.  They will feel that they can’t openly express their thoughts to the agent and will not feel as comfortable when looking throughout the home.  Even if you take a walk through the neighborhood, being away from the home during an open house can make all the difference.</p>
<p>Hosting an open house can seem like a nerve-wracking process, but it’s the best way to get your home sold.  By taking note of these tips; you’ll be well on your way!  If you have questions about selling your San Mateo Coastal home; please let us know!  You’ll want someone who knows the area, has experience in selling homes on the coast and can be with you every step of the way.  Feel free to <a href="http://www.coastsidelife.com/great-service-real-value/" target="_blank">contact us</a> with any questions you have or to learn how we can help sell your home!</p>
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		</item>
		<item>
		<title>734 Nevada Ave</title>
		<link>http://www.coastsidelife.com/2011/06/734-nevada-ave/</link>
		<comments>http://www.coastsidelife.com/2011/06/734-nevada-ave/#comments</comments>
		<pubDate>Fri, 10 Jun 2011 16:28:46 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[California Coastside Area]]></category>
		<category><![CDATA[Kathy Rain]]></category>
		<category><![CDATA[Michael Rain]]></category>
		<category><![CDATA[The Rain Team]]></category>
		<category><![CDATA[The Rain Team Real Estate]]></category>

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			<content:encoded><![CDATA[<p>OPEN HOUSE – SUNDAY, JUNE 12th FROM 1:30 TO 4:30</p>
<p>Old World Charm!</p>
<p>Relish in this lovely home featuring two master suites, one with separate entrance, gorgeous hardwood floors, two fireplaces, oversized garage and breathtaking bay views all nestled perfectly on a corner lot!</p>
<p>An open and airy foyer boasting beautiful hardwood floors invites you in to stay. Adjacent to the foyer is a large living room hosting crown molding, coved ceiling, balcony access and a wood burning fireplace flanked in stone.  Fabulous floor to ceiling windows make an elegant statement allowing natural light to gently embrace this space giving it a comfortable and welcoming feel.</p>
<p>Host intimate dining occasions or a party for the masses in the spacious dining room with chandelier lighting and direct access courtyard. Entertaining indoors or out is made simple here.</p>
<p>At home chefs will love the expansive updated eat-in kitchen with cooktop and built in oven.  The cheery breakfast nook offers a wonderful place to enjoy your morning coffee and newspaper.</p>
<p>Just off the kitchen is a charming sun drenched bedroom with hardwood floors, track lighting and slider access to the courtyard.</p>
<p>When the day is done, rest in the tranquil and romantic main floor master suite with handsome wood floors, crown molding, remodeled private bath and built–in closet. Enjoy morning bay breezes from the French door that opens to the shared courtyard and calming sunlight from the garden window this room vaunts.</p>
<p>A nicely sized secondary bedroom with crown molding and patio sits in the front of the home overlooking the neighborhood and skyline. </p>
<p>On the ground level, there is a huge second master suite with a warming wood burning fireplace with raised hearth and custom mantle. Delight in a private bath with pedestal sink, tile floors and bath/shower combo to relax at the end of your day. This room is perfect for the in-laws with a separate outside entrance. </p>
<p>The spacious brick courtyard lends a fabulous place to enjoy outside meals. It flaunts a retractable awning for hot sunny or rainy days. The courtyard opens to the dining room, spare bedroom and master suite. For added convenience, there is a half bath located off the courtyard making entertaining a breeze. The garage and laundry room is also accessible from the courtyard creating an enjoyable hub for the home.</p>
<p>Don’t miss your opportunity to call this Gem home! Call today to schedule your private viewing.</p>
<p> ProStep: <a href="http://www.coastal-realestate.com/inc/pmisc?pid=1058">http://www.coastal-realestate.com/inc/pmisc?pid=1058</a></p>

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<a href='http://www.coastsidelife.com/2011/06/734-nevada-ave/9-kitchen/' title='9-Kitchen'><img width="150" height="150" src="http://www.coastsidelife.com/wp-content/uploads/2011/06/9-Kitchen-150x150.jpg" class="attachment-thumbnail" alt="9-Kitchen" title="9-Kitchen" /></a>
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<a href='http://www.coastsidelife.com/2011/06/734-nevada-ave/2-front_734_nevada/' title='Front of 734 Nevada '><img width="150" height="150" src="http://www.coastsidelife.com/wp-content/uploads/2011/06/2-Front_734_Nevada-150x150.jpg" class="attachment-thumbnail" alt="Front of 734 Nevada" title="Front of 734 Nevada" /></a>
<a href='http://www.coastsidelife.com/2011/06/734-nevada-ave/1-bay_view_from_lrm/' title='Bay View from Living Room'><img width="150" height="150" src="http://www.coastsidelife.com/wp-content/uploads/2011/06/1-Bay_View_from_LRm-150x150.jpg" class="attachment-thumbnail" alt="Bay View from Living Room" title="Bay View from Living Room" /></a>

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		<title>Tips for a Successful Open House in Your San Mateo Coastal Home!</title>
		<link>http://www.coastsidelife.com/2011/03/tips-for-a-successful-open-house-in-your-san-mateo-coastal-home/</link>
		<comments>http://www.coastsidelife.com/2011/03/tips-for-a-successful-open-house-in-your-san-mateo-coastal-home/#comments</comments>
		<pubDate>Tue, 01 Mar 2011 22:37:19 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[Helpful Hints]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[San Mateo Ca]]></category>
		<category><![CDATA[El Granada]]></category>
		<category><![CDATA[Half Moon Bay]]></category>
		<category><![CDATA[kathy and michael rain]]></category>
		<category><![CDATA[Montara]]></category>
		<category><![CDATA[Moss Beach]]></category>
		<category><![CDATA[Pacifica]]></category>
		<category><![CDATA[Selling Your San Mateo Coastal Home]]></category>
		<category><![CDATA[The Rain Team]]></category>

		<guid isPermaLink="false">http://www.coastsidelife.com/?p=1620</guid>
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			<content:encoded><![CDATA[<p><a href="http://www.coastsidelife.com/wp-content/uploads/2011/03/granite-countertop-coffee.jpg"><img class="alignright size-medium wp-image-1621" title="granite-countertop-coffee" src="http://www.coastsidelife.com/wp-content/uploads/2011/03/granite-countertop-coffee-241x300.jpg" alt="" width="241" height="300" /></a>The fresh spring <a href="http://www.coastal-realestate.com/" target="_blank"><strong>San Mateo Coastal Real Estate market</strong></a> is just around the corner and more homes are budding onto the market.  If you’ve been thinking of <a href="http://www.coastal-realestate.com/coastal_sellers" target="_blank"><strong>selling your home</strong></a> in any of the coastal towns of <a href="http://www.coastal-realestate.com/moss_beach" target="_blank"><strong>Moss Beach</strong></a>, <a href="http://www.coastal-realestate.com/half_moon_bay" target="_blank"><strong>Half Moon Bay</strong></a>, <a href="http://www.coastal-realestate.com/el_granada" target="_blank"><strong>El Granada</strong></a>, <a href="http://www.coastal-realestate.com/pacifica" target="_blank"><strong>Pacifica</strong></a> or <a href="http://www.coastal-realestate.com/montara" target="_blank"><strong>Montara</strong></a>; now is a great time to do so.  <a href="http://www.coastal-realestate.com/coastal_buyers" target="_blank"><strong>Buyers</strong></a> looking for a home along the <a href="http://www.coastal-realestate.com/" target="_blank"><strong>San Mateo Coast</strong></a> know that the spring market is the best time the home for which they’ve been searching.</p>
<p>As the buzz of the market begins to pick up; you may be wondering how to make your home stand out from the competition.  As <a href="http://www.coastal-realestate.com/the_rain_team" target="_blank"><strong>San Mateo Coastal Real Estate agents</strong></a>; we understand the importance of hosting a great open house.  Buyers want to see the ins and outs of your home and there are six key ways to help your home have a successful open house!</p>
<p><strong>1. Make it Generic</strong>- While it’s great to make your home personal, your pictures, children’s art or your to do list on the refrigerator can be a large distraction to potential buyers.  They need to be able to envision themselves in your home, so putting away those personal items will help buyers picture their life in your coastal home.</p>
<p><strong>2. Clear Counters</strong>- Look at your kitchen or bathroom counters from a outsiders viewpoint.  Do you have too many appliances cluttering your kitchen counter?  Clearing this space will make their appear to be more room for cooking or their own storage.  If your bathroom counters are filled with perfumes, toothbrush holders, etc… take time to put them in cabinets or drawers so buyers can see the actual size of the space.</p>
<p><strong>3. Set the Table</strong>- This may not seem necessary, but having your dining room table set with nice place settings add a touch of class and can help the <a href="http://www.coastal-realestate.com/coastal_buyers" target="_blank"><strong>San Mateo Coastal buyer</strong></a> envision hosting their own dinner parties.</p>
<p><strong>4. First Impressions</strong>- Believe it or not, a nice doormat or attractive porch can really set the tone for the entire open house.  If there’s an old doormat , chipped paint or nothing special about the entrance to your home, buyers may feel that you don’t really care.  A welcoming setting from the start will instantly let <a href="http://www.coastal-realestate.com/coastal_buyers" target="_blank"><strong>buyers</strong></a> know that your home is well-maintained and that each area of your home is cared for.</p>
<p><strong>5. Get to the Heart</strong>- The best way to appeal to the buyers’ heart is through offering something special when they walk in the door.  Whether you bake fresh cookies, have hot chocolate or coffee in the cooler months, or have lemonade for them on your counter as it starts to get warmer; these added touches will set your home apart.</p>
<p><strong>6. Don’t Stick Around</strong>- While it may be tempting to want to hear what the potential buyers have to say, it can be awkward when the seller is present.  They will feel that they can’t openly express their thoughts to the agent and will not feel as comfortable when looking throughout the home.  Even if you take a walk through the neighborhood, being away from the home during an open house can make all the difference.</p>
<p>Hosting an open house can seem like a nerve-wracking process, but it’s the best way to get your home sold.  By taking note of these tips; you’ll be well on your way!  If you have questions about<a href="http://www.coastal-realestate.com/coastal_sellers" target="_blank"><strong> selling your San Mateo Coastal home</strong></a>; please let us know!  You’ll want someone who knows the area, has experience in <a href="http://www.coastal-realestate.com/coastal_sellers" target="_blank"><strong>selling homes on the coast</strong></a> and can be with you every step of the way.  Feel free to contact us with any questions you have or to learn how we can help sell your home!</p>
<p><strong>Kathy &amp; Michael Rain<br />
Your San Mateo Coastal Real Estate Experts</strong></p>
<p><a href="http://www.coastal-realestate.com/" target="_blank">San  Mateo Coastal Real Estate</a><br />
<a href="http://www.coastal-realestate.com/">View San Mateo Coastal  Listings</a><br />
<a href="http://www.coastal-realestate.com/" target="_blank">Visit Our  Website</a><br />
<a href="mailto:TheRainTeam@Coastal-RealEstate.com" target="_blank">Email  Us</a></p>
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		<title>Tax Credit:  Expand?  Extend?  Expire? Market Update by Rick Turley, President CB SF Bay Area</title>
		<link>http://www.coastsidelife.com/2009/10/tax-credit-expand-extend-expire-market-update-by-rick-turley-president-cb-sf-bay-area/</link>
		<comments>http://www.coastsidelife.com/2009/10/tax-credit-expand-extend-expire-market-update-by-rick-turley-president-cb-sf-bay-area/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 16:21:21 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[bailout]]></category>
		<category><![CDATA[Coldwell Banker]]></category>
		<category><![CDATA[Fannie-Freddie]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Half Moon Bay Community]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[In the News]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[new listings]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[Half Moon Bay]]></category>
		<category><![CDATA[homes for sale]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[Rick Turley]]></category>
		<category><![CDATA[San Francisco Real Estate]]></category>

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			<content:encoded><![CDATA[<p>The question everyone is asking is, will the government expand, extend or simply let the $8,000 first time home buyer tax credit expire.  With just over 50 days left until it is expires, the debate is on and everyone is anxiously awaiting the result.<br />
Whichever side you take on the debate, what you can’t deny is the fact that nothing has done more in the past year to jumpstart our housing market more than the $8,000 first time home buyer credit.  Will all of that come tumbling down if it isn’t extended or expanded on?  It’s hard to say but I believe that if it isn’t expanded we will see a definite drop in first time home buyers in 2010 and probably a much larger emergence of investors in the entry level arena.  While on the surface that may not seem troubling, it actually is.  The fact is that investors purchase homes solely for income while first time home buyers purchase homes for lifestyle.  When we have a balance between the two it keeps home prices relatively stable.  If our entry level buyers are predominately investors, we could see a drop in home prices in this sector which isn’t good for a market that has already taken its fair share of hits.</p>
<p>While Congress continues to debate the issue, we as Realtors, are calling for support for the expansion of the tax credit from first-time buyers to all homebuyers, increasing the maximum amount of the tax credit from $8,000 to $15,000, eliminating the existing income caps for eligibility purposes and extending this homebuyer tax credit for one year from the date of enactment.<br />
We believe that stimulating demand for housing—particularly in the repeat buyer market—is the most effective way for Congress to help lead the U.S. economy into a recovery and back on the path to growth.  And we have to remember that it’s not just the entry level that is affected.  The move-up buyer begins the process in building more demand in our mid-tier price points and ultimately our higher-end markets.  Timing is critical and we hope that Congress is listening.</p>
<p>While the clock ticks and we await the results of the debate on Capitol Hill, let’s take a look at this week in real estate:</p>
<p>•	East Bay—Berkeley reports a rather slow start to October, compared to our previous months.    Anything priced $400-750k is getting lots of attention.  Open houses were competing with a popular local street fair, but still garnered 45 to 30 groups at the newer listings.  Castro Valley reports new construction in our area is looking up.  Pricing seems to have normalized for new construction.   Otherwise, we are still seeing lots of short sales.  REOs are trickling through as well.  We are starting to see the Castro Valley home median price range pick up somewhat.  Fremont reports the market is typical for the Fall months as people prepare for school and holidays.  REO properties are still hot, but have slowed a little too.  Livermore reported during this past week active listings and total pending sales remained stable in both Livermore and Pleasanton.  In Dublin, this past week, there was more than a 20% increase in listings, and a decline of 10% in total pending sales.  $500,000 and below still remains very &#8220;Hot&#8221; with multiple offers.  Walnut Creek reports very low inventory with multiple offers on almost every sale.  Even with multiple offers, properties in the $600,000 &#8211; $1,000,000 range are not selling much over asking.  Buyers are still very cautious, some not quite convinced that the market has hit “bottom.”  REOs are barely trickling in.<br />
•	Monterey County—Things seem to be slowing down just a bit, though we have had some high-end sales of late, as the inventory of REOs is dwindling and the expected onslaught of new REOs has not yet materialized.  Great mortgage rates we&#8217;re seeing right now may encourage another surge of sales.<br />
•	North Bay—The San Rafael office reports the under $300K market in San Rafael has slowed due to lack of inventory.  In Novato the $300-600K price point is steady and the under 300K price point holding steady over the past few months.  Cash is still king in bidding wars.  Southern Marin reports listings are slowing down considerably.  Sebastopol reports buyers are kicking tires at open houses. Listing activity is very slow.<br />
•	Peninsula—Burlingame reports appraisal problems are becoming more common and buyers demands are becoming excessive. The Agents are working so hard to hold their transactions together.  The number of sales have picked up however and hopes are high for a strong Q4 finish.  Half Moon Bay reports  the price point is the only thing that matters in receiving offers on listings.  Over the $1m mark is still very quiet.  Menlo Park El Camino reports buyers are absolutely out there but come out of the bushes only when lured by a great house at a great price. We had nine offers, 25 offers, 6 offers – where are the 8 and 24 and 5 buyers that didn’t get the house? They will buy when the right house gets to the current market price.  Redwood City/San Carlos reports one of the multiple offers was our listing and it was priced at $775,000—in San Carlos.  There were five offers and it went $55,000 over list price.  Three out of the five offers were very close.  Moods seem positive.  Woodside reported buyers are still on the fence for anything over $4 million.  Almost nothing will lure them out.  Under that level, it is price, price, price.<br />
•	San Francisco—Lombard reported truism reinforced this week: &#8220;Price it right, right out of the gate.” Buyers are writing right away if they see value and sense competition.  But not returning to see the stale listings with the multiple mini reductions.  Many sellers are still not getting this.  Market Street reported that there was a lot to do around San Francisco over the weekend so open houses were a little less well attended than past weekends. However, those who attended were especially eager to buy before the end of the year.  Van Ness reported both large and small deals are moving well.  Activity level is picking up again.<br />
•	Santa Cruz County—The lower end market  below $600K continues to dominate the lion&#8217;s share of sales.  Agents are working really hard to keep deals moving forward and at times buyers continued interest in the property if escrows drag on. The Agents are still doing a lot of short sales, some taking months and months.  The REO market especially south County &#8211; Watsonville &#8211; is almost completely dried up and those few actives are getting multiple offers &#8211; with cash buyers winning the bids.<br />
•	Silicon Valley—Cupertino reports we typically have a lot more sales than listings. Last week the numbers were just about even. Open house traffic was insane!  Los Altos reports buyers are trying to find an affordable home in most cases and are competing in multiple offers with cash investors.  Mid tier buyers have more time to consider and the upper end is slow.  San Jose Almaden reports the market is tapering off a bit on the sales now, not by much but a little.  Open houses remain very busy still.  With rates as good as they are and inventory shrinking and tax credits ending I would expect more sales.  Perhaps the upcoming weeks will prove this to be true.  All sales made this week were multiple offers.  Willow Glen reports multiple offers are still the norm and many of the Agents in this office have clients that are losing out. Inventory is somewhat down as well.<br />
•	South County—Morgan Hill reports each local market is unique and comes with its own set of challenges.  Here in South County offerings on the MLS range from one-bedroom condos to huge estates on acreage.  We have horse properties, PUDs, single-family developments and attached housing and everything in between.  The buying public, for the last six months, has zeroed in on entry level housing (those homes listed under $500,000).   That segment of the market is thriving.</p>
<p>MONDAY MORNING MARKET UPDATE WILL RESUME NEXT WEEK</p>
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		<title>Monday Morning Market Update September 21, 2009 Wk#38</title>
		<link>http://www.coastsidelife.com/2009/09/monday-morning-market-update-september-21-2009-wk38/</link>
		<comments>http://www.coastsidelife.com/2009/09/monday-morning-market-update-september-21-2009-wk38/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 18:52:14 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[bailout]]></category>
		<category><![CDATA[Coldwell Banker]]></category>
		<category><![CDATA[Half Moon Bay Community]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[In the News]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[new listings]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[Real Estate News]]></category>
		<category><![CDATA[Active Listings]]></category>
		<category><![CDATA[El Granada]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Half Moon Bay]]></category>
		<category><![CDATA[montara homes]]></category>
		<category><![CDATA[Moss Beach]]></category>
		<category><![CDATA[Pacifica]]></category>
		<category><![CDATA[San Francisco Real Estate]]></category>

		<guid isPermaLink="false">http://www.coastsidelife.com/?p=501</guid>
		<description><![CDATA[ [...]]]></description>
			<content:encoded><![CDATA[<div>
<div><strong><em>This is our Fall Selling Season and statistics have been really consistent since Labor Day.  Any sales have been replaced with new listings which are being priced to sell.  Buyers have been out at Open Houses and many are looking for their second or third home as they think about coming to the coast.   Yesterday, in the Real Estate section of the Sunday San Francisco Chronicle, several buyers that came in to our open houses quoted an article that suggested there is going to be another wave of homes that will be in default as their interest rates adjust.  Yes, this is sometime next year, however, it suggests that we have a new bottom to our market in the future.  The story continues to remain the same as it always has, if you don&#8217;t plan on a purchase for the short term, then you won&#8217;t need to worry.  As for sellers, if you&#8217;re moving up or even in the same geographic area, you will benefit from a new purchase which will make up for any loss on your sale.</em></strong></div>
<div><strong><em> </em></strong></div>
<div><strong><em>Still a Buyers Market &#8211; HALF MOON BAY through MONTARA, CALIFORNIA with 15.7 months supply.  This is a decrease from past weeks.</em></strong></div>
</div>
<div><em>Still, just under half of the listings are listed at over 1 Million and 10% at $600,000 or less.  The low end of those listings are located at Martins Beach which continues to attract buyers even though the properties will have to be abandonded in 12 years.  Only 2 new Pending Sales this week again, same as last week.  </em><em><br />
</em></div>
<div><strong>Active Listings-134</strong> Single Family Homes with 54 listed at $1 Million or more.</div>
<div>10 New Listings this week with 6 listed for over $900,000.</div>
<div><strong>Pending Sales-37</strong> Single Family Homes with 7 listed for under $500,000 and 5 over 1 Million.</div>
<div>2 Properties went Sale Pending this week.</div>
<div><strong>76 Homes Closed</strong> since January 1, 2009 with only 13 that closed over $1,000,000 and 8 between $900,000 and 1 Million and 11 listed at $500,000 or less. 5 homes closed this week once again with 4 listed between $660,000-$815,000.</div>
<div><strong><em>Sellers Market with few Homes for Sale &#8211; PACIFICA, CALIFORNIA with 2.7 months supply.  Inventory held steady this week.</em></strong></div>
<div><strong><em><br />
</em></strong></div>
<div><em>Statistics remain consistent another week with the current number of Active Listings divided by the average number of homes sold YTD, there is 2.7 months of inventory of Active listings.  8 new listings this week all listed betwen $500,000-$650,000. </em><em><br />
</em></div>
<div><strong>Active Listings-53 </strong>Single Family Homes. 11 listed at $900,000 or higher and 15 listed under $600,000.</div>
<div><strong>Pending Sales-50 </strong>Single Family Homes with 17 listed under $500,000 and 18 listed between $500,000 and $600,000.</div>
<div>6 Properties went Sale Pending this week with 5 listed under $550,000</div>
<div><strong>172 Closed</strong> Sales since January 1, 2009 with 6 that were listed for over 1 Million. 74 sales were from homes listed at $500,000 or less.</div>
<div>2 Homes Closed this week listed under $569,000.</div>
<div>
<div><strong>ABSORPTION RATE</strong></div>
<div><strong>Absorption Rate is the number of months it takes to sell the current inventory at the present rate of sales.</strong></div>
<div><strong><br />
</strong></div>
<div><strong>6 months supply is a balanced market. </strong></div>
<div><strong>Less than 6 months supply is a Sellers market.</strong></div>
<div><strong>More than 6 months supply is a Buyers market.</strong></div>
</div>
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		<title>SOLD! Classic Coastal Home</title>
		<link>http://www.coastsidelife.com/2009/09/new-listing-classic-coastal-home-open-house-this-sunday-130-430/</link>
		<comments>http://www.coastsidelife.com/2009/09/new-listing-classic-coastal-home-open-house-this-sunday-130-430/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 19:05:17 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[new listings]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[Montara]]></category>
		<category><![CDATA[open house]]></category>

		<guid isPermaLink="false">http://www.coastsidelife.com/?p=484</guid>
		<description><![CDATA[ [...]]]></description>
			<content:encoded><![CDATA[<p><strong>* * Update:  SOLD!!  * * </strong><br />
Sellers have owned this cutie since 1958, built in 1955, however, TLC is needed to bring this charmer back to life. Hardwood floors. 1st time on the market in 51 years. Construction materials from a time when heart of redwood 2&#8243;x4&#8243;studs were used. Gas heat. Views of Devil&#8217;s Slide &amp; Montara Mountains. </p>
]]></content:encoded>
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		</item>
		<item>
		<title>Video Tour &#8211; 380 5th St, Montara</title>
		<link>http://www.coastsidelife.com/2009/07/open-houses-for-251-granelli-av-380-5th-st-sundays-130-330/</link>
		<comments>http://www.coastsidelife.com/2009/07/open-houses-for-251-granelli-av-380-5th-st-sundays-130-330/#comments</comments>
		<pubDate>Mon, 13 Jul 2009 15:03:14 +0000</pubDate>
		<dc:creator>Kathy Rain</dc:creator>
				<category><![CDATA[new listings]]></category>
		<category><![CDATA[Open Houses]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Half Moon Bay]]></category>
		<category><![CDATA[Montara]]></category>

		<guid isPermaLink="false">http://www.coastsidelife.com/?p=365</guid>
		<description><![CDATA[ [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="color: #000080;">* * UPDATE: Sale Pending * * for </span></strong><strong>380 5th Street, Montara, CA:</strong><br />
 <script src="http://www.realestateshows.com/js.php?showid=366525&amp;width=480&amp;height=385" type="text/javascript"></script></p>
]]></content:encoded>
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