Thanksgiving is absolutely one of my most favorite holidays. It is a time when I am reminded of how blessed I am to have such wonderful clients in my life. Thank you all for your trust and for the gift of allowing me to help deliver your real estate dreams.
What’s New? “Everybody is worried about something. If you invested in 1969, amidst turmoil in 1969, you would have made 25 times your money. People forget about compounding ”money over time,” - Ron Baron, founder of Baron Capital, with $29.6 billion in assets under management. Here are some more of his insights that sound like they could apply to real estate too:
- Investors should forget the day-to-day market gyrations and stay focused on the long term.
- In 1969 the US economy was $850 billion. It’s now $21.3 trillion. That’s up 25 times.
- Extraordinarily low-interest rates provide even more incentive to invest.
- Technology is making businesses grow faster compared with the traditional, capital intensive ways of building physical structures in hopes they will pay off over time. It’s making the costs be lower.
- Knowledge is growing at the fastest pace it’s ever grown. (CNBC)
What’s New? Tesla Solar Roofs are coming! Elon Musk unveiled the electric-car company’s new solar-paneled roof tiles and said he expects to be fitting more than 1,000 roofs per week soon priced around $35,000 on average. Expensive yes, but exceptionally better looking than the traditional solar panels that are often rather hideous! Tesla is working on aesthetics: Colors coming soon will include earth tones, clay tile and French slate as well as the current black. Tesla also makes traditional solar panels. Tesla’s solar roofs are an entirely new roof for the home, an integrated power-generating structure. They are more expensive than panels, though they can be cheaper than the combined cost of panels and a new roof.
What’s New? Sales of new homes probably will rise to a 13-year high in 2020 as the U.S. dodges a recession, according to Lawrence Yun, chief economist of the National Association of Realtors. He estimates new-home sales probably will jump 11% to 750,000, the highest reading since 2007. Sales of existing homes likely will increase 3.7% to 5.56 million in 2020, the highest tally since 2017. (Housingwire)
20 Highland Court, Danville, CA 94526
5 Bed | 3+ Bath | $3,275,000 | Julie Whitmer Team
Coming Soon...Westside Danville contemporary with stunning Mt. Diablo views! High ceilings, hardwood floors, oversized windows, beautifully redesigned to bring the outside in! Pool and a detatched pool house with full bath, bedroom, living and family rooms. Fantastic location to downtown Danville's many restaurants, shops, farmer's market, and Iron Horse Trail. Be the first to see this incredible residence. Call me for a private "pre-market" tour.
903 Forest Lane, Alamo, CA 94507
3 Bed | 2 Bath | $1,749,000 | Compass Listing
Stunningly remodeled Westside Alamo single-story dream home. True chef’s kitchen features quartz countertops, white cabinets, and KitchenAid appliances including refrigerator, five-burner gas cooktop, double ovens, and wine refrigerator. Don’t forget the large pantry and plantation shutters. Elegant master bathroom features tile faux-wood flooring, white cabinets with marble countertops, tile backsplash, custom mirror, large shower with dual shower heads and bench seat. Backyard oasis is an entertainer’s paradise with covered patio, huge lawn area, and gas fire pit. RV/boat access.
2024 Sorrelwood Court, San Ramon, CA 94582
5 Bed | 5 Bath | $1,850,000 | Compass Listing
Mediterranean architecture in the Bridges. The kitchen, casual dining area, and family room form the heart of the home. All rooms are built and finished in an impressive scale. There are multiple access points to the several outdoor entertaining areas. The kitchen features a a 6-burner Viking Professional cooktop topped by a Broan hood, a double door built-in SubZero refrigerator, double Viking ovens, and a butler’s pantry with built-in wine fridge. Crown molding and elegant baseboards are found in most rooms. The Master Suite features a bathroom with a large tub, heated tile flooring, closets with built-ins, and a large vanity and dressing area. Flex space with separate entrance and full bath.
9045 Manzanita Drive, Rubicon Bay, CA 96142
4 Bed | 3.5 Bath | $2,795,000 | Compass Listing
Spacious, open-concept design with 4,107 square feet of extraordinary detail and workmanship. This luxurious lodge-style retreat overlooks the pristine turquoise waters of Rubicon Bay with panoramic lake views. Forest service land below allows for unobstructed scenery. Features 4 bedrooms (includes 2 master suites), 3.5 baths with natural stone, 2-car garage and a bonus 700 +/- square foot recreation room with separate entry. Tranquil viewing spots with 3 decks, private balconies, and landscaped grounds.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.