Realtor

Tuesday, August 30, 2016

10 Terrific Homes in the End of Summer’s Hottest Markets

homes in hottest markets, august 30th 2016

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Home purchases kept up a furious pace as the days of August melted away. In the words of realtor.com®‘s chief economist, Jonathan Smoke, the sizzling market helped keep the median list price in the country at a balmy $250,000 in August.

Smoke said the season was “an extended summer with unprecedented interest in buying.” But there’s welcome news on the horizon for those who missed out on scoring a home this summer—less competition! Now that school’s started, home buyers don’t have to deal with buyers who wanted to end up in the right district before the first bell rang.

So, we’re saying you have a chance. But your chances are somewhat slimmer if you want to buy in one of the country’s hottest markets. Vallejo, CA, tops the countdown for the fourth month in a row, but in a delightful development, California accounts for only half of this month’s 10 hottest metros. Columbus, OH, Denver, and Dallas are familiar hot options, but we’d like to extend a warm welcome to Waco, TX, and a salute to the discounts of Detroit.

We picked a home in each of August’s 10 hottest markets. Only one of the homes is priced over a million bucks, meaning there are some cool homes in hot markets that aren’t out of reach pricewise. Take a look at these terrific 10…

1. Vallejo, CA

417 Washington St
Price: $399,975
Hot note: “So much has been done to update this lovely home and yet keep the character of yesteryear.”

Vallejo, CA

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2. Dallas, TX

8431 Craighill Ave
Price: $815,000
Hot note: “Luxurious new construction in West Bluffview.”

Dallas, TX

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3. Denver, CO

2081 S Grant St
Price: $439,000
Hot note: “Beautiful vintage Victorian style home freshly painted inside and out.”

Denver, CO

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4. San Francisco, CA

90 Entrada Ct
Price: $1,175,000
Hot note: “Handsome Spanish Mediterranean home tucked away on wonderful cul-de-sac.”

San Francisco, CA

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5. Stockton, CA

2444 Oregon Ave
Price: $240,000
Hot note: “Located near Country Club Golf Course for leisure and the freeway for commuting.”

Stockton, CA

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6. San Diego, CA

7580 Melotte St
Price: $719,000
Hot note: “This thoughtful home lives big and is ideal for modern lifestyles.”

San Diego, CA

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7. Columbus, OH

50 W Kenworth Rd
Price: $374,900
Hot note: “Visually stunning—from the classic design to the rich woodwork of the Craftsman style built-ins.”

Columbus, OH

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8. Waco, TX

412 Meadow Mountain Dr
Price: $229,900
Hot note: “Terrific three bedroom on beautiful tree covered lot.”

Waco, TX

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9. Detroit, MI

14919 Rosemont Ave
Price: $109,900
Hot note: “Meticulously maintained brick bungalow on a wonderful tree lined street.”

Detroit, MI

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10. Sacramento, CA

211 Meister Way
Price: $689,900
Hot note: “This home cleverly uses its horizontal lines and exterior courtyards to create generous expanses of light and space within.”

Sacramento, CA

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The post 10 Terrific Homes in the End of Summer’s Hottest Markets appeared first on Real Estate News and Advice - realtor.com.

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Monday, August 29, 2016

On the Dock of the Bay: Luxury Waterfront Home for Sale in Point Richmond

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With apologies to Otis Redding, you could totally sit on the dock of the bay and watch the ships roll in with this Point Richmond home, which is on the market for $2,150,000.

“It has completely unobstructed views of San Francisco, of the bay, and Brickyard Cove,” listing agent Rick Richetta says. “You’re surrounded by all these huge sailboats.”

The 4,500-square-foot waterfront property also comes with a 50-foot private dock. You’re welcome to join the boating activity, or you could simply take in the water views from pretty much anywhere in the house. The home’s many decks are perfect vantage points, or you could set up shop on the back patio, which includes a fire pit and a front-row seat to nautical nirvana.

The luxury home, built in 2005, was originally the house of the developer of the exclusive community called Sandpiper Spit, and it’s a primo perch at the end of the spit. The deluxe domicile features three floors, an open layout designed for entertaining, and four en suite bedrooms, including a huge master.

Open floor plan

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The third floor features a chef’s kitchen with stainless-steel appliances and poured concrete counters. The area opens to an expansive dining and living space with floor-to-ceiling windows, as well as a large, light-filled master suite.

Chef’s kitchen

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The floors are connected by an eye-popping concrete-and-steel spiral staircase. Other levels include a family room large enough for a grand piano, the other en suite bedrooms, a wine room, and a two-car garage.

Spiral staircase

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Luxe details include an elevator, arched and beamed ceilings, radiant floor heating, solar panels, and custom lighting.

Not familiar with Point Richmond? It’s an elite enclave of Richmond, CA, that sits on a peninsula near the eastern end of the Richmond-San Rafael Bridge. The historic small town includes a quaint pub, a hotel, restaurants, shops, parks, and museums.

The area offers easy access to San Francisco by car, mass transit, and ferry service, which will be offered directly from Point Richmond next year, according to the agent.

Sandpiper Spit is an upscale development that has attracted a mix of commuters, boaters, and celebrities, including retired NFL player Marshawn Lynch, who grabbed headlines when he bought an “over-the top-mansion” across the street from this home in 2012.

The high-end community is separated by a freeway and the waterfront in Richmond, a troubled city that has since become an in-demand place to live, in part due to the booming San Francisco Bay Area real estate market, the agent notes.

Back patio with fire pit

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You may forget you’re anywhere near a city when you settle into this standout spot. “It’s like being on a luxury boat,” Richetta says. “You have panorama water views and skyline views. You’ve got all the boats around you. It feels like a luxury liner. It doesn’t look like a standard home. It’s a really unique style.”

Spectacular views

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The post On the Dock of the Bay: Luxury Waterfront Home for Sale in Point Richmond appeared first on Real Estate News and Advice - realtor.com.

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