Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind February for the most monthly views per listing.

SO, WHAT DOES THIS MEAN?
The busiest season in real estate has just begun.

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#Delicious NO-BAKE PUMPKIN CHEESECAKE 🍰

Figuring out how to make all of the pumpkin desserts during Thanksgiving while the turkey is in the oven can be a nightmare. That’s why you need this no-bake cheesecake. It’s a major time saver and while we love our classic pumpkin cheesecake, we go crazy for the no-bake option The gingersnap crust is a must and adds that extra layer of fall.

INGREDIENTS FOR THE CRUST
1 1/2 c. finely crushed gingersnaps
2 tbsp. granulated sugar
5 tbsp. melted butter

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🎉 We Are Thrilled To Announce
We Joined Keller Williams🎉

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If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. You may be ready to move into a home that better fits your current lifestyle. Many fellow boomers have already made the move you may be considering.

The National Association of Realtors recently released their 2019 Home Buyer and Seller Generational Report. The report revealed many interesting tidbits about both categories of baby boomers: younger boomers (ages 54 to 63) and older boomers (64 to72). Here are a few of the more interesting topics.

Percentage of Buyers who Looked Online First

• All Buyers: 44%
• Younger Boomers: 46%
• Older Boomers: 44%

Where Boomers Found the Home They Purchased

The two major ways buyers found the home they purchased:

• All buyers: 50% on the internet, 28% through a real estate agent
• Younger Boomers: 46% on the internet, 33% through a real estate agent
• Older Boomers: 36% on the internet, 35% through a real estate agent

Distance Seller Moved

The distance between the home they purchased and the home they recently sold was much greater for boomers than the average seller.

• All sellers: 20 miles
• Younger Boomers: 27 miles
• Older Boomers: 50 miles

Tenure in Previous Home of Seller

The percentage of older boomers who lived in their previous home for more than 20 years was almost twice the amount of the average seller.

• All sellers: 16%
• Younger Boomers: 20%
• Older Boomers: 31%

Primary Reason to Sell their Previous Home

• Want to move closer to friends or family
• Home too large
• Retirement

View of Homeownership as a Financial Investment

• 83% of Younger Boomers see homeownership as a good investment
• 82% of Older Boomers see homeownership as a good investment

Bottom Line

If you are a boomer and thinking about selling, now might be the time to contact The Laugesen Team to help determine your options.

In Silicon Valley, where big-money valuations are commonplace, a planned $8 billion real estate project set to break ground has captured the attention of the region’s business community.

The Related Santa Clara project will transform a 240-acre golf course into a mixed-use development that’s already being called the Hudson Yards of the West. British architecture firm Foster + Partners will handle design and landscaping of the waterfront development near Levi’s Stadium, which includes plans for a neighborhood-style streetscape with public square and a 30-acre park. Uber has even proposed building a flying taxi “skyport” amid the shops, residences, and offices. The first phase is poised to open in 2023.

The size and scope of the largest project under construction in Silicon Valley begs the question of priorities. Of the 9.2 million square feet, 5.4 million square feet will be devoted to offices supporting 25,000 jobs, with one million square feet of retail and entertainment space. Yet only 1,680 residential units are planned to be built. In one of the nation’s most expensive and housing-scarce regions, will such large-scale projects, designed to accommodate startup spaces as well as new corporate campuses, further exacerbate the shortage of affordable housing?