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ABODE: 2020 Market Prediction

ABODE

Market Pulse | Design & Style | Living

MARKET PULSE

2020 Market Prediction: No Crash Yet

Cautiously optimistic is how many local Realtors are describing this year's housing market. Like the Magic 8 Ball that we played with as kids, the answers are only as good as who is asking the questions.

Nationally, housing economists project a 2.8% growth in home values. (Mercury News) Is that good . . . or bad? For the Bay area, that's a huge thud for sellers who have seen years of soaring prices as high as 30-40% .

The fact is, we knew home prices couldn't sustain this steep level of growth indefinitely. Sellers will need to appreciate that they are already benefiting from years of growth.

For buyers, a slow growth would give them an opportunity to afford to buy into the market. But because of the Bay area's strong job market and low interest rates, they shouldn't expect a dramatic drop or slashed home prices. As I saw last year, competitive offers will be house specific – the better a home shows, good location, and attractive pricing, the more competition it will have.

Overall, a 2.8% increase is still a positive growth but at a slower, more balanced pace. In light of a Presidential election year, with an impending impeachment trial, blazing brush fires and a volatile Middle East, this is a good forecast.

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DESIGN & STYLE

Coffee Stations Top 2020 Home Trends

Drinking coffee has become more than just a "cup-of-Joe." It's our one small indulgence, our social time, a daily lifestyle. More and more, kitchen remodels are creating spaces for coffee lovers, designed to hold everything from espresso makers, Keurigs, custom beans, sugar, honey, and mugs. It's like owning your own Starbucks!

Here are the other top home trends for 2020:

2. Garden Rooms

3. Home Theaters

4. French Antiques

5. Micro green gardens

6. Audio Rooms

7. Granny Pods

8. Indoor Water Falls, Ponds or Fountains

9. Spanish-style Bathrooms

10. Japanese-Style Soaking Tubs

(Source: Pinterest)

LIVING

2020: A Year of Purpose

Every Christmas our family heads over to Maui for a few weeks of snorkeling, swimming, hiking. And golf. Our family of four makes for the perfect foursome. But even though I've been playing for more than 15 years, I haven't gotten any better, while my daughter, who just started a few years ago can drive the ball straight down the fairway almost 200 yards.

"How do you do it?" I asked her. Is it technique, club, youth?

She then studied my swing as I hesitated, looked up, swung and duffed the ball.

"You need to commit, Mom. And then follow through."

Well, she was right. Once I kept my eye on the ball, committed my swing and followed through, the ball sailed in the air.

It made me think how this also applied to other aspects in my life as well. "Commit. Stay focused. Follow though." These words couldn't ring more truer than now, as the new decade begins. From our environment, politics, and global affairs, it's easy to lose our focus amidst all the upheaval and uncertainty. It's even harder to commit. Commit to what, though?

Well, I think 2020 is the year to commit to a sense of purpose. What do you get up in the morning for? What do you care about? As I think of the year ahead, I think of the people I'll meet, and how I'm committed to helping each client as best I can, and focused on getting them into their next home.

Even if it's just something small, like wanting to plant a Spring garden, or dreaming of a trip to Portugal, or just improving your golf game, it all begins with having a purpose, committing to it, and then following through.

I hope you make 2020 your year of purpose!

Rosie Nysaether

Realtor

510-599-4453

Rosie.Nysaether@Compass.com

DRE#01259396

www.RosieNysaether.com

Making a move in 2020? Call me for a step-by-step understanding of the selling process!

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.

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Client Reviews

From some of our happy clients

"Rosie was extremely helpful and knowledgeable since day one. She walked us through the home purchasing process step by step and she definitely helped a ton to make it happen! We would most definitely use Rosie in the future and we highly recommend her to others..." Anonymous

"Rosie Nysaether has represented me as a buyer and seller twice. She is professional, hands-on, meticulous, caring and responsive. Very impressed with her knowledge of the market and what buyers are looking for..." Joan E.

"Rosie is the best. She transformed my 40 year-old, worn-looking home in the Oakland Hills into a contemporary house of beauty. The home sold within two weeks for a price significantly above asking. She has an eye for what people want and the drive to make it happen. I wish I had another home to.." Bobby P.

"This is the second time we've used Rosie. First time for our home, second time for a 5 unit commercial property. Both times we've been extremely impressed with her knowledge and efficiency of the market and the process. There wasn't any middle speed with Rosie. She works hard from the beginning until the end and.." Dave P.

"The real-estate market is far too competitive to settle for a good Realtor. You need a GREAT one; someone who knows the neighborhoods, can get the inside scoop, has connections and isn't afraid to tell it like it is. Rosie checks all of the boxes. She was clear from the start that she was "in.." Berkhillz

"I wouldn't recommend anyone else in the East Bay. Rosie puts her clients first - and she knows the market like nobody else. Rosie helped me sell a property in record time - and priced the house very carefully. She worked with me to get the house ready for showing, helping to arrange contractors and.." Ben P.

"I was referred to Rosie by my brother and his wife who had a great experience with Rosie for the purchase of their first home. They were not wrong! I was also a first time home buyer at the time and she guided me through the whole process. Rosie is a true professional! She was.." Neostrym

"Rosie helped me sell a single family home recently. I could not dream of finding a better real estate Agent than Rosie. She used her mind and heart to prepare the house as it was her own. She is responsive, smart, resourceful and talented. The many, many successful years in the real estate business have.." Michelle L.

"I shopped around for a realtor for some time. My mortgage broker encouraged me to contact Rosie, and I am so glad that I did. After interviewing 4 and being contacted by 6-7, she stood out as someone who was extremely knowledgeable of the various areas I was considering. Although I had been watching the.." Patrick L.

"We couldn't have been any more thrilled with Rosie's work selling our house. Saying she over-delivered is an understatement. From our first interaction with her, she was professional, helpful, thoughtful and extremely sharp. We spoke to a few other agents, but knew she would do the best job. Throughout the selling process, she was readily.." Sarah