This week I received a call from the owners of 335 Las Colindas Rd in Terra Linda. This fall they lost their mom and were ready to part with the house they grew up in. I know the feeling, have lost my mom two years ago. Like these new clients, I sold the home my family had known for the past 60 years. I’ve also worked with a lot of families in this situation. On the one hand it’s heartbreaking losing a parent and parting with a home that means so much to your family. On the other hand, when your parents are able to pass down such a precious property, especially one that no longer carries debt, they are creating generational wealth which is one of the best gifts anyone can give or receive.
With few days until Christmas, we are putting the pedal to the metal to get Las Colindas on the market next week. Staging Monday, photos Tuesday, on the market Wednesday, and broker’s open Thursday, everything is lined up including two weekends of open houses (if necessary) before Christmas. While we could wait until the New Year, or even until spring, here are a few reasons to act now:
1) There is low inventory on the market, so we’ll be facing little or no competition among sellers.
2) There are still plenty of buyers in the market this year and homes have continued to move during the holiday season.
3) Interest rates are a known quantity, in the mid-high 6’s. The industry is hoping that interest rates come down next year but that could take a while if it happens at all.
It seems like the window is open right now, so we are going to give it our best shot! Stay tuned, next week I’ll be posting more!