January 2024
Copyright by KW Advisors 2024
What’s your home really worth in today’s market? That's the question you should be asking yourself. Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home. So, do you know what your home is worth in today's market?
I can help... Contact me for a confidential, no obligation assessment of your home's value.
3 Keys to Hitting Your Homeownership Goals in 2024
If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains: “The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.” Here are a few things to think through as you define your goals for 2024.
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Buying a home should be painless. Find your financing right here! Contact me, your Real Estate Expert, for support and to learn more about REMA.
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HOW TO BUDGET FOR UNEXPECTED HOME MAINTENANCE COSTS
Unlock homeownership confidently! Prepare for hidden costs like inspections and renovations. Take control with a strategic plan:
1
2
Save for Unexpected Costs Ensure a worry-free home with a proactive maintenance plan! Allocate 1-2% of your home's value yearly for repairs, creating a financial safety net. Even $20 a week adds up, offering peace of mind for unexpected expenses. Safeguard your home and finances with a well-crafted budget.
Keep your appliances and systems in good shape. Elevate your homeownership with proactive care! Craft a seasonal to-do list, from flushing your water heater to changing filters and cleaning gutters. Enjoy smooth operation, reduce repair frequency, and discover the joy of a well-maintained home.
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Consider getting a home warranty Secure your home's future with American Home Shield®. Our budget-friendly plans handle repairs and replacements, giving you peace of mind in homeownership.
READY TO GET STARTED? Contact me, your Real Estate Expert, for support and to learn more about AHS. CLICK HERE TO LEARN MORE
Looking to lighten the mood in your laundry room?
EIGHT EYECATCHING Laundry Room Colors To Look Out For
These refreshing colors make the wash-and-dry chore a little more pleasant.
Eight Colrs fo Laundry Tranquil Blue View it here
Sage Green View it here
Create a tranquil laundry space with Benjamin Moore's Beach Glass. Its light blue
shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.
Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a low-
commitment update—easy to change and customize, ensuring lasting satisfaction with your design choice.
White
Create an elegant laundry room with Chantilly Lace by Benjamin Moore. The classic
Yellow
Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn
View it here
View it here
Gray
View it here
Dusty Pink View it here
Navy Blue View it here
Purple
View it here
white choice adds sophistication, opens up the space, and simplifies stain detection.
or Upbeat bring warmth and optimism, while Pearly White offers a mellow option—a yellow-based white that brings a perfect harmony of vibrancy and calmness.
Gray remains a top choice for laundry room walls, providing a timeless and serene
backdrop. A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.
Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere.
Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with
lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.
Dare to take a style risk in your laundry room with a pop of color. Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam
with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.
Want to know how Home Concierge can help with your listing? Contact me today! CLICK HERE TO LEARN MORE
Source : https://www.familyhandyman.com/list/laundry-room-colors/
Tips to Harden Your Home During Wildfires Source: Cal Fire
ROOF
WINDOWS
Build your roof or re-roof with materials such as composition, metal, clay, or tile. Remove any vegetative debris from the roof.
Install dual-paned windows with one pane of tempered glass to reduce the chance of breakage in a fire.
VENTS
WALLS
Remove all openings with 1/16-inch to 1/4-inch metal mesh. Do not use fiberglass or plastic mesh because they can melt and burn.
Use ignition-resistant materials, such as stucco, fiber cement, wall siding, fire retardant, treated wood, etc.
EAVES + SOFFITS
DECKS
Eaves should be boxed in and protected with ignition-resistant or non-combustible materials.
Create an ember-resistant zone around and under all decks and clear debris from under your deck.
FENCES
CHIMNEY
Separate your fences from your house or upgrade the last 5 feet of the fence to a non-combustible material.
Close the fireplace during fire season when the chimney is not being used.
GUTTERS
PATIO COVER
Keep rain gutters clear or enclose rain gutters to prevent accumulation of plant debris.
Use the same ignitionresistant materials for patio coverings as a roof.
DRIVEWAY
DECKS
Driveways should be built and maintained in accordance with state and local codes to allow fire and emergency vehicles to reach your home. Consider maintaining access roads with a minimum of 10 feet of clearance on either side, allowing for two-way traffic.
Have a fire extinguisher and tools such as a shovel, rake, bucket, and hose available for fire emergencies.
IS YOUR HOMEOWNER’S INSURANCE COVERAGE UP TO DATE? I CAN CONNECT YOU WITH WITH MY INSURANCE SPECIALIST AT GREYSTONE. CALL ME TODAY!
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Solano County What's in the Solano County data? There were 441 single-family homes for sale, providing 1.5 months of inventory. There were 198 new listings, and 194 homes sold at a median price of $561k. The median overbid percentage was at 100%, with an average of 49 days on the market. There were 40 condo and townhome units for sale, providing 1.6 months of inventory. There were 17 new listings and 25 units sold at a median sale price of $415k. The median overbid percentage was at 100%, with an average of 48 days on the market.
SFH
Single-Family Homes
198
194
New Listings
Sold Listings
1.5
$561K
Months of Inventory
Median Sale Price
100%
49
Median Sale vs List
Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from December 2022 to December 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
17
25
New Listings
Sold Listings
1.6
$415K
Months of Inventory
Median Sale Price
100%
48
Median Sale vs List
Avg Days on Market
Solano DECEMBER 2022 - DECEMBER 2023
L I S T INGS FOR S A L E
S O L D LISTINGS
700 600 500 400 300 200 100 0
Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023
Single-Family Homes Last 12 months, year-over-year. 80
60
40
20
0
Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Condos & Townhomes Last 12 months, year-over-year.
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023
Median Sales Price
$700,000 $600,000 $500,000
Single-Family Homes
$400,000
The median sales price has decreased from $580k last December 2022, to $561k as of December 2023.
$300,000 $200,000 $100,000
Condos & Townhomes
20 23
De c
N ov
20 23
O ct 20 23
Se p
20 23
20 23
Au g
Ju l2 02 3
Ap r2 02 3 M ay 20 23 Ju n 20 23
M ar 20 23
20 23
Fe b
De c
Ja n
20 22
20 23
$0
The median sales price has increased from $340k last December 2022, to $415k as of December 2023.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went down from 57 days last December 2022, to 49 days as of December 2023.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
Ju l2 02 3
20 23
40% 20%
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
20 23
M ar 20 23
Ap r2 02 3
0%
Fe b
The overbid percentage has increased from 98.4% last December 2022, to 100% a year later.
60%
20 23
Condos & Townhomes
80%
Ja n
The overbid percentage has increased from 99.2% last December 2022, to 100% a year later.
100%
20 22
Single-Family Homes
The average time spent on the market went down from 54 days in December 2022, to 48 days as of December 2023.
120%
De c
Overbids
Ju n
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
20 23 Ja n
De c
20 22
0
Napa Valley 951 California Boulevard, Napa, CA 94559
San Francisco 1624 California Street, San Francisco CA 94109 2207 Lombard Street, San Francisco, CA 94123
Peninsula Estates 1430 Howard Avenue, Burlingame, CA 94010 16 E 3rd Avenue, San Mateo, CA 94401
Palo Alto 505 Hamilton Ave Suite #100, Palo Alto, CA 94301
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