Blog Posts in Category: Planning

01/16/2020

Style the Perfect Guest Bedroom with These 10 Decor Tips

Style the Perfect Guest Bedroom with These 10 Decor Tips

Decorating the Perfect Guest Room One of the many pleasures of home decorating is welcoming your friends, family, and loved ones into your home to experience it. If you're someone who loves to host (or even if you're not!), creating the ideal guest sanctuary is key to ensuring an unforgettable stay for your family and friends.
The best guest rooms are uncluttered, comfortable and feel a little like home. But it is also a place to explore decor options, put your own personal touch, and make your guests feel like they're staying somewhere that is intentional, welcoming, and well-planned. Whether you add a bold wallpaper or you're seeking ways to create the ideal guest room oasis, we've formed our favorite guest room decor tips.   more...

01/10/2020

This Bay Area neighborhood had the most buying competition in 2019

This Bay Area neighborhood had the most buying competition in 2019

In 2019, half of the most competitive neighborhoods for buying a home were in the Bay Area. In a recent report from Redfin, home purchasers seeking an area for the calmest, most floral, and convenient distance to restaurants and markets, was the country's most sought after neighborhood in 2019. About 72% of homes in White Oaks, C.A. sold above asking value this year, and most were available for less than fourteen days. Redfin found the median sale price of a home in White Oaks was valued at around $1,835,000. White Oaks took the top spot in Redfin's positioning of the 20 most competitive neighborhoods, yet it has a great deal of nearby competition. Ten of the top neighborhoods are in the Bay Area and near half of those are in Oakland.
The second most competitive Bay Area housing market is the Glenview neighborhood of Oakland. Fourth overall, with more than 84% of homes selling for above the asking price. Likewise a few popular neighborhoods in Oakland like Upper Rockridge, Bushrod, and Piedmont. “I’ve heard a lot of people say the Bay Area housing market is cooling this year, but I’m seeing the opposite in Oakland,” Oakland Redfin agent Katy Polvorosa said in a statement.   more...

01/09/2020

5 Home Design Trends That Are Taking Over 2020

5 Home Design Trends That Are Taking Over 2020

Good news for those who want to get a head start on their home decor remodeling plans: Home remodeling site Houzz, a database where millions of home decor enthusiasts and interior designing experts share decorating concepts, recently created a summary of home design patterns ready to find their way into your home this year.
Formal Dining Rooms Regardless of whether it's an easygoing weeknight dinner or a Saturday evening gathering, meals nowadays will be shared over casual arrangements, often within or near the kitchen. Houzz anticipates that residents should treat their dining areas like the stunning spaces they should be, with eye-catching hues, designs, bold light fixtures and fine art that probably won't fit somewhere else inside the style of the home. Colorful Kitchens In the kitchen, an all-white color palette has ruled since the beginning of time. They're timeless, typical, modern, clean, and compliments almost any decor style. In any case, residents just might be seeking a change in 2020. As indicated by Houzz, while white cabinets remain a preference to remodelers (with 40% of redesigning property owners installing them), there's a greater uptick in those seeking more choices. Houzz recognizes delicate shades of light grays and blues, as a substitute on-the-rise for the all-white kitchen. Another choice for the individuals who can't leave behind their white cupboards? Try small touches of wood, which can be presented through open racking, ledges, drawers, and pull-outs.   more...

12/27/2019

How Fannie Mae Affects Your Mortgage

How Fannie Mae Affects Your Mortgage

What is Fannie Mae? The Federal National Mortgage Association, also known as Fannie Mae (FNMA) strongly leads the secondary mortgage market. Alongside its partner, Freddie Mac, Fannie Mae buys about 66% of America's home loans from the moneylenders that start them. This opens up cash opportunities for organizations to continue loaning and buyers can continue purchasing their homes. For the most part, Fannie Mae and Freddie Mac are behind the rate you get from your home loan bank. The two assume a major job in keeping U.S. contract rates moderately low.
What does Fannie Mae do? Fannie Mae is a gigantic player in the home loan process, but not many borrowers comprehend what it truly does. Fannie Mae does not have any branches or ATMs, you can't get cash from it. But the interest rate you pay and the kind of home loan financing you get are heavily affected by Fannie Mae. To see how Fannie Mae functions, consider a neighborhood bank or home loan organization. On the off chance that mortgage company has $25 million to start mortgage lending contracts, and in the event that the run of the mill contract is $200,000 — that mortgage company can create 125 home loans. ($200,000 x 125 = $25 million.) For example, if your contract client number is 130 at that mortgage company, you're in a tough situation. There's no cash left to loan. That is how Fannie Mae and the secondary mortgage market has become the most important factors.   more...

12/19/2019

Behind downtown Oakland's Office and Housing Boom

Behind downtown Oakland's Office and Housing Boom

Downtown Oakland’s development has been long coming, but the 2008 recession delivered a critical blow to the proposed plan. Freezing practically all development in Oakland until around 2015, as high priced rents were driving the residents and organizations out of San Francisco eastbound.
Now, a flood of relocation from San Francisco alongside nearby business development has made Oakland one of the most sizzling neighborhood economies in the nation. Extra office ventures totaling in excess of 4 million square feet, or space for 20,000 additional workers, are under development or scheduled in Downtown Oakland, which presently has around 80,000 total jobs.   more...

12/06/2019

Buyers purchasing after Christmas could save BIG!

Buyers purchasing after Christmas could save BIG!

According to an analysis completed by ATTOM Data Solutions, buyers willing to close on a home purchase after Christmas should be aware of substantial discounts on single-family homes and condos. These properties fall below full market value in December and have for the past six years. “Closing on a home purchase the day after Christmas or on New Year’s Eve can be one of the most financially beneficial holiday-season gifts you can get. While lots of folks are shopping the day-after Christmas sales or getting ready to ring in the New Year, our data shows that buyers and investors are buying homes on those days at a discount. That’s a far cry from buying during June when they are likely paying about a 7 percent premium.” said Todd Teta, chief product officer with ATTOM Data Solutions.
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12/03/2019

On the Move: Decisions Seniors Face When Downsizing

On the Move: Decisions Seniors Face When Downsizing

A large house with a sizeable yard and a white picket fence used to be the American dream. Even if you love your house, however, all that space can eventually become difficult to maintain. Especially as we age, many people tire of maintenance and upkeep. Modern seniors want to spend their retirement years living life to the fullest, not cleaning and repairing their property.
Downsizing, or relocating into a smaller and more easily managed home is an ideal option for many seniors. Of course, there’s a lot to consider when planning your move. For instance, you’ll need to determine what to do with your current home. Here are some ideas.   more...

11/26/2019

6 Effective Ways to Prevent Package Theft

6 Effective Ways to Prevent Package Theft

If your packages keep getting stolen or lost, it is high time you take some measures to stop package theft. Here are the top 6 ways proven useful to secure package delivery.
1. Use Smart Package Lockers or Convenience Store To avoid your Amazon package being stolen from your front porch, use an Amazon Locker. Amazon allows you to pick up your delivery in Amazon Locker in selected locations across the country with a unique code, which you can punch into the machine to retrieve your package (See How to find an Amazon Locker near you). Amazon lockers will be the safest and convenient place to secure your Amazon package. If your community does not have an Amazon Locker, and you are a frequent online shopper, use The UPS Store. You can also check the availability of lockers in nearby convenience stores, Kiosks or buy your own digital locker like BoxLock to prevent package theft or share a locker with your neighbors or friends. 2. Have Packages Delivered to Your Workplace/Office We have heard residents complaints about package thieves or bad neighbors sneaking around the street and looting drop-off deliveries, irresponsible mailman or carriers leaving packages on the front door without even knocking or ringing the door, pre-signing your delivery without your consent, or delaying home delivery by sending notifications too early. One of the best ways to stop package theft is to have your package delivered to your office or friends' houses that you trust, leaving no opportunities for the porch pirates. 3. Require Signature on Delivery to Stop Package Theft Many customers grumble about delivery man signing the unauthorized packages and leaving them wide open on the porch or doorstep, making them desirable for package snatcher. To prevent your package from being stolen off the front porch, side door, back porch, or garage area, ask for a Signature Delivery. If your package is delivered by UPS/DHL/FedEx, consult your sender and require a delivery confirmation signature. Signature-required delivery should be strictly followed by couriers. Did you know? If your package that demands delivery by YOUR signature was left unattended, or even worse, lost, because they didn't follow the protocol, delivery companies are liable to legal actions and you are entitled to a full refund or replacement.   more...

11/20/2019

People staying at home longer is a big reason for slower sales

People staying at home longer is a big reason for slower sales

According to a new analysis by Redfin, Americans stay in their homes for much longer than before creating a shortage in off-market housing inventory. This helps explain why home sales have been fluctuating throughout the year into 2020. Generally, when owners do not shop for a larger home for a growing family or decline as children depart, it stalls the market for buyers who come after them. Long-term homeowners who have remained contributes to the housing inventory falling to their lowest level in decades, which has also contributed to rising housing prices for median-priced homes.
Fewer homes for sale are a major reason for lower mortgage rates, record levels for equity, and a strong labor market. Economists at Redfin say that baby boomers are the biggest culprits because many stay healthier later in life and choose not to sell. While some look around for smaller and less expensive homes and are unwilling to compete with their children's generation to get one.   more...

11/19/2019

For Millennials, is it Even Worth Buying a Home?

For Millennials, is it Even Worth Buying a Home?

Most people find it ideal to purchase a home they want to live in for decades, maybe even forever. But with the rising struggle to overcome the daily cost of living, student loan debt, and almost fair waged jobs, Millennials still statistically face far less chance of homeownership than their generational predecessors.
Nationally, a millennial’s likelihood of owning a home increases by 9% if their parents were also homeowners. While 39.5% of caucasian millennials own homes, the black homeownership rate is just 13.4%, the Asian ownership rate is 27.2%, and the Hispanic ownership rate 24.6%. “Left unchecked,” the Urban Institute study declares, “current trends will result in even greater wealth disparities among white, black, and Hispanic millennials.”   more...

11/08/2019

Los Gatos is the Best Place to Retire in the Bay Area

Los Gatos is the Best Place to Retire in the Bay Area

Living in the Bay Area has its fair share of difficulties, from the lofty average cost for basic items to the awful traffic, yet there's no uncertainty that life here is additionally loaded with care-free joy. Stunning natural beauty, a cutting edge tech-driven economy, and a feeling of belonging due to diverse cultures make this area one of a kind. Toss in a world-class social scene and the absolute best colleges on earth, and you can see why eight Bay Area cities made it into the top 10 of a new ranking of best places in California to retire.
In a new report by WalletHub, which inspected factors like the typical cost for basic items, climate, change, access to medicinal services and entertaining activities, the Bay Area turned out on top! After all, where else can you find gorgeous beaches, huge redwoods and world-famous landmarks nearby? In fact, there are so many amazing places to live in the Bay that you may have trouble guessing which city ranked number 1.   more...

11/06/2019

Resources for Unlawful Evictions

Resources for Unlawful Evictions

The Tenant Protection Act caps annual rent increases at 5% plus inflation, while also forcing landlords to specify a legitimate reason for evicting tenants and to offer relocation assistance for no-fault evictions. While AB 1482: California’s new tenant protection act is set to take effect on January 1st, 2020. Many California residents find themselves receiving wrongful eviction notices from Landlords of their respective homes.
We have received calls from recently evicted tenants of competitor Property Management companies, to discuss their options for resolving these matters and finding new homes to reside. It is unclear if the actions of some landlords are motivated by the new law, or simply profit-maximizing. But Advent Properties, Inc. takes pride in conducting every precautionary step to verify that Property Owners we work with are knowledgeable of rental laws, and never abuse this method of unjust evictions.   more...

11/01/2019

The Rising Competition between Move-Up & First-Time Buyers

The Rising Competition between Move-Up & First-Time Buyers

A recent report from Realtor.com® confirms that lower mortgage rates have piqued the interest of more buyers this fall. However, the consistently shrinking inventory of lower-cost homes is not keeping up with the high demand of buyers.
Highlights: • In September, inventory levels were 2.5% lower than a year ago • Mid-market homes—those priced between $200,000 to $750,000, which make up the largest segment of housing inventory—showed zero percent growth in September. • “The mid-tier of housing represents nearly 60 percent of homes for sale on the market, making it a solid indicator of how tight inventory levels are in the U.S.,” says George Ratiu, senior economist for realtor.com®. • Further, homes available under $200,000—the entry-level tier--have decreased 10% over the last year. • Meanwhile, homes listed for sale over $750,000 continued to grow, in September reaching 4.7 percent over levels from a year ago. • However, realtor.com® economists note that if strong homebuying demand, fueled by lower interest rates, continues to persist into the fall, the inventory of homes in this upper-tier price range also could see declines by February of the coming year. • “While lower mortgage rates and the arrival of fall promised a reprieve, conditions continue to tighten as demand remains strong. September inventory trends, especially in the mid-market, may be the canary in the coal mine that we could be headed for even lower levels of inventory in early 2020.” • The median list price nationwide in September was $305,000, up 4.3% over last year. Nationally, homes sold at an average of 65 days in September, one day slower than a year ago. Tell us your thoughts below: • How can move-up buyers edge the first-time buyer competition? • What are some ways that first-time buyers can top move-up buyers in search of lower-cost homes? For More Information set up an appointment to speak with Darryl Glass, our lead Realtor and Broker Associate by clicking here: Darryl's Calendly   more...

10/31/2019

California's New Tenant Protection Act & How it Affects YOU!

California's New Tenant Protection Act & How it Affects YOU!

AB 1482, California's New Tenant Protection Act can get pretty legal pretty fast, so here is what you need to know at a glance:
What the Rent Caps mean to you: • Starting in January 2020, landlords of multi-family buildings (2 or more apartments) cannot increase your rent by more than 10% annually unless local stricter rent control applies. • If you are in a multi-family home in a non-rent-controlled city and received a rent increase of OVER 7.8% between March 15th, 2019 and December 31st, 2019 - On January 1st, 2020, your rent will be reduced to reflect only a 7.8% increase. • Single Family homes not owned by a corporation are exempt from this rent cap law still. What the “Just Cause” Ordinance means to you: • Landlords CANNOT conduct No-Fault Evictions without paying you (the tenant) a relocation payment of one month’s rent or what the local laws state if you are in a rent and eviction controlled city. • However, Landlords CAN evict residents for consecutive delayed rent payments, due to a breach in contract, especially if the resident lived in the unit for less than one year. We are anticipating questions about both the Tenant Protection Ordinance, and about its effects on local ordinances. Please call (510) 500-7531) or email (dglass@adventpropertiesinc.com), and we will help answer your questions and concerns.   more...

10/25/2019

10 Home Decor Trends on Their Way Out This Winter

10 Home Decor Trends on Their Way Out This Winter

Home Trends can make your home feel and look new and refreshing, but they can also make your home feel outdated and uncomfortable. Some trends reach their end date while some become timeless. You might be asking yourself “How can I tell when my home needs to be renovated?” The most common method of staying up-to-date is to find blogs, influencers, and catalogs that fit the moods you want to show inside and outside of your home. You can modernize your home with small details like adding wallpaper, plants, and accents. Or you could go big and paint your rooms, order new furniture, or even add/remove the carpet. But remember, trends change like the seasons. So here is a list of 10 Home Decor Trends we’ve noticed that are losing their appeal this forthcoming Winter Season. 1. Fake Plants Implementing Plants in your home can help improve your indoor air quality. So place a few living plants in the appropriate hospitable locations of your home over several fake plants and flowers. If you’re concerned about your lack of a green thumb, here are a few suggestions that are easy to care for during winter. • In an Overly-Heated Room: Cacti and Desert Plants • In a Dry Room: Aloe or Fiddle Leaf Fig Trees • In a Dry Room: Philodendrons or Succulents • In a Low-Light Room: Chinese Evergreen, or Aglaonema • In a Drafty Room: Christmas Cactus or Jade Plants 2. Too Much Granite Granite is a popular option when choosing kitchen counters, but avoid going overboard by adding accents such as quartz or butcher block countertop for your kitchen island and workspace. 3. Industrial Everything Industrial home decor has been popular for decades; Edison bulbs, exposed brick, rusted or brushed metal accents are a few examples of this decor design. However, there is such a thing as too much industrial. If you want to go for an industrial look inside of your home, add a couple of elements such as modern pendant lights or a pegboard backsplash. 4. All Grey Everything Adding to the Industrial trend we’ve listed prior to this, all grey rooms can sometimes make a room feel dull and life-less in contrary to creating a calming and minimal environment. If it is too late to re-paint your walls or you absolutely adore your grey furniture, try adding in some vivid colored plants or wall decor that is an appropriate fit for the type room. 5. Vertical Blinds Vertical blinds can be a pain to open, close, and can become tangled easily. So most home decor enthusiasts update to mini blinds, DIY window treatments, and lightweight curtains to preserve the abundant natural sunlight in their homes. 6. Indoor Wicker Furniture Wicker furniture is typically a top choice for your balcony or porch, so keep the wicker outside. When used indoors, wicker is one of those home trends that can quickly make a home look dated. 7. Carriage hinges Carriage Hinges are most popularly found on tilt-up retractable garage doors that usually do not open like shed doors. This trend could make your home garage feel more like a barn shed as opposed to a destination for your vehicle. 8. Tuscan-Inspired Kitchens A popular kitchen design trend for just about two decades, but Tuscan kitchens are starting to lose their appeal. Instead of lots of stone and darker colors, today’s kitchens focus on brighter lighting and a crisp color palette for home trends. 9. Brass Hardware Metals may be in when it comes to accessories, but avoid shiny brass as it can make a kitchen look dated. Instead, replace cabinet hardware with brushed nickel, glass or stainless steel. 10. Bold Appliances Bold kitchen colors are on-trend, but avoid choosing bright colors for appliances. You wouldn’t put a ’70s avocado green or goldenrod refrigerator in your kitchen now, so just imagine how that bold red or seafoam green appliance will in a few years. We hope this list is helpful to your home modernization, we anticipate the various point of views about trendy home decor. Please let us know what your thoughts are in the comment section below, or tag us in your post on any social platform!   more...