Piedmont Perspective, Vol 50 - May 28, 2008, It's All About The Teamwork!
I hope your Memorial Weekend was well spent. I spent mine in Citrus Heights at a baseball tournament with my husband and younger son, watching my son's tournament team get soundly beaten on Saturday. Still, the tenacity of those young ball players and their faith in each other is inspiring and ultimately, the real lesson any team sport teaches us.
Real Estate is also a team sport in many respects and it too requires faith and tenacity. I took a listing this week that has been on the market here in Piedmont for several months, but because I was able to rely on a strong "in-house" team of professionals, the home and its marketing were completely reinvigorated in the space of one week: www.324seaview.com. When the challenge is to bring buyers back, it's not just about getting it done, but getting it done with finesse!
To that end, please join me this Thursday evening from 6:30-8:00 PM for a "special viewing" of my newest listing at 324 Sea View Avenue. This Romantic Mediterranean Retreat, features a tiled courtyard entry with French doors, grand formal living and dining rooms with beamed ceilings, modern kitchen, handsome library, 3bdrms/3.5 bths and gardens of blooming roses, lavender and Japanese Maples. For more, go to www.324seaview.com
Catering: Food Art
Acoustical Guitar: Dylan DiMartini
Staging: Studio D
Guest Architect: Ahmad Mohazab of Tecta Associates.
Come and enjoy this truly special home. Even if you have seen it before, you are going to want to see it again and feel free to bring along a friend!
What's Coming?
This week Piedmont has 21 active listings and in the majority of cases, The GRUBB Co. will either list, sell or handle both sides of the transaction. Why? The GRUBB Co. consistently dominates the marketplace in Piedmont. Again, this speaks to our ability to respond so quickly to your requests and to The GRUBB Co's finely-tuned teamwork. This week's listings range in price from a low of $798,000 to a high of $4,000,000.
Let's begin with Debbi DiMaggio's stunning listing at 3 Wildwood Gardens. This Sophisticated Contemporary features 4bdrms/3bths, walls of glass, open floor plan, built-in swimming pool and level living. There has been a real resurgence of popularity in these Mid-Century Moderns (12 Littlewood sold in 4 days) and this one is well worth a peek. With bold staging that really speaks to the personality of the home, Debbie has hit this one out of the ballpark!
Katherine Cooper has listed a charming home, designed by John Hudson Thomas at 12 Sierra Avenue. This 5bdrm/4bth house is a sentimental favorite and features stunning architecture, a romantic roof line, and breathtaking gardens that invite backyard weddings and intimate garden parties. This magical home will NOT be open on Sundays and requires an appointment for a private showing. Please call Katherine Cooper at 339-04400/211.
Dana Cohen has listed a Sophisticated 4bdrm/2 .5bth Retreat on a quiet tree-lined street with updated kitchen and baths, luxurious master suite and private office. Mature landscaping with beautiful gardens, rear level lawn, and a side deck off the kitchen for ideal outdoor enjoyment. Price: $1,249,000. For more information, go to www.518scenic.com
What's Pending?
As predicted, 17 Pacific Avenue had multiple offers and is now pending. This wasn't just a good outcome; it was fantastic and well deserved. Great house, great marketing and great teamwork (this week's theme). Similarly, 90 Oakmont Avenue and 32 Arbor Drive both had great success, as did 1050 Winsor Avenue and 160 Moraga Avenue (smaller homes are in real demand). Also pending are, 104 Latham Street and 93 Cambrian Avenue. But the BIG NEWS is that the grand estate on Lincoln Avenue went pending and closed in just seven days!
This was a tide-turning week in the marketplace and specifically, in Piedmont!
Let's examine the reasons why:
1) Interest rates returned to historically low figures. The conforming loan limit which had increased a few months ago had yet to see a true reduction in rate. Now, it has finally found its "sweet spot." (Speak to your mortgage broker about today's opportunities!)
2) Home values met the market. Sellers reduced their asking prices and buyers recognized the intrinsic value of these purchases. (Remember, when pricing a home, it is wiser to "meet the market," than to chase it.)
3) Positive news emerged! The buyer pool is reading positive news in the mainstream press for the first time in eight months! This validates and confirms the buyers' decision to enter or reenter the marketplace at this time.
In short, there is a real return of faith in the market!
What's Happening?
Last week, I had the pleasure of showing a prospective Piedmonter our town and it could not have fared better. From the personal greeting I received at Mulberry Market to the way in which several of my friends opened their homes for private viewings with little or NO notice, to the "hellos" thrown out along the way, you all contributed to a very successful outing. While I work hard to stay on top of the market, word of mouth is often required for these "trickier fits" and you came through with flying colors, proving once again that Piedmont isn't just a town, it's a community!
By the way, I am still seeking a long-term rental for this family. Please call or email me if you know of anything suitable for an amazing family of six and a beloved boxer either here in Piedmont or in Crocker Highlands.
(Please feel free to refer your San Francisco and out-of-area friends my way. I promise to take very good care of them.)
What's Fun!
Last night I invited my girlfriend for a quick "go see" at the brand new restaurant that has just opened up on Grand Avenue at the base of Boulevard Way.(She lives on Boulevard and I was driving by. Luckily, she goes with the flow. . .) We have both been anxiously waiting to see the inside of Camino, a trendy and interesting new dining spot which features an entirely new menu each day that relies heavily on its indoor hearths. Long tables invite community dining and good conversation and it does look great, both inside and out!
Unfortunately, Camino is closed on Tuesday nights so we ended up next door at La Taza de Cafe; a Cuban/Latin American Restaurant (why give up a perfectly good night out?) and discovered a colorful dining patio, Latino Topas and island inspired beverages like the key lime lemon drop. I am told there's even salsa dancing and Flamenco on the weekends. I can't wait to try that out - but first some lessons! You can find this fun and funky restaurant at 3909 Grand Avenue. Open Tuesdays - Thursdays and Sunday Brunch. www.latazadecafe.com
Now who's already been to Camino?
THANKS FOR READING!
For more information about any of the properties or events listed above, please call me at (510) 339-0400 x264, or simply respond to this email. I'd love to share my real estate tips and my experience in the Piedmont community with you!
Feel free to visit my website at JulieGardner.com for more information as well.
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