Dana Green Team

Building Your Life in Lafayette

The #1 Reason for Low Home Inventory in Lafayette? People (Thankfully!) Don’t Want to Move

It often feels like people talk about Lafayette’s relatively low inventory of homes for sale as if this is somehow a Bay Area economic issue that just might correct itself, if not this season, then hopefully next.

Happy Thanksgiving from Dana Green 2014Economics impacts buyer demand and price, and both play an undeniable role in real estate. The real issue with Lafayette inventory, though, is lifestyle.

The single biggest reason Lafayette is experiencing this current low inventory of homes for sale is the very reason that so many people want to move here: Lafayette is a great place to live.

Yes – many young families initially move to Lafayette for our wonderful public schools. Most, though, quickly learn the real secret of Lafayette: It’s a great place to live no matter how old you are!

Barring unexpected life events, decades may pass before a homeowner considers selling the family home. By then, grandkids may be at the Thanksgiving table.

Thankfully, this tends to happen at different times for different people, and that helps keep a steady stream of new families moving in and falling in love with the Lafayette lifestyle, too.

Luke Green 2014

The end result is a healthy mix of ages in our neighborhoods and an authentic commitment to community that encourages civic pride and strong volunteer energy.

As a lifelong Lafayette resident with kids in college and no plans to ever move from Lafayette, it is hard to argue that this housing trend is anything but a good thing, even if the constrained Lafayette home inventory can try homebuyer patience and makes being a Lafayette Realtor challenging!

Mostly, I’m just thankful to be lucky enough to live and work in Lafayette.

Happy Thanksgiving!

Open House Energy a Good Sign for Lafayette’s Real Estate Market

Did you notice new faces along the Lafayette Trail this weekend? Those were just potential new Lafayette families, checking out the neighborhood!

We listed two Lafayette Trail neighborhood homes last week that represent two edges of the Trail neighborhood market:

(1) High-end new construction on the Lafayette Trail: 3251 Glenside Drive. Listed at $2,250,000, with offers due today, Monday, November 17. Click here for photos and details about 3251 Glenside Drive.

3251 Glenside Drive - Trail Neighborhood Home for Sale, Lafayette CA

 

(2) An older home a few houses in from the Trail: 840 Broadmoor Court is livable — but also brimming with remodel potential, including a large flat back yard. Listed at $999,000, 840 Broadmoor is on Broker’s Tour Tuesday, November 18, with offers due Friday, November 21. Click here for photos and details about 840 Broadmoor Court.

 

840 Broadmoor Court - Lafayette Trail Neighborhood Home for Sale

 

Trail Listings Surface Fresh Lafayette Home Buyer Interest

These new Lafayette Trail neighborhood listings brought fresh home buyer interest into Lafayette this week, particularly young families from Oakland and San Francisco.

In addition to many private showings, we had well over 500 people come to our two Sunday open houses, including strong local interest.

Proof: For the right properties, the 2014 real estate market is still very active. People are just waiting in the wings, hoping for the right opportunity.

With home inventory low, many of these current buyers may have longer to wait. This buyer interest, though, is a good sign for Lafayette sellers planning to list their homes in 2015. Just know – if all that is holding you back from listing your Lafayette property now is that you don’t want to move before the holidays, many buyers are willing to negotiate rent backs so that’s not a problem.

If buying or selling a home is on your to-do list, either for the remaining weeks of 2014 or into 2015, now is the time to reach out. Contact me directly at Dana@DanaGreenTeam.com or 926.339.1918.

• • • • •

Did you miss the early announcements about these Trail neighborhood listings?

While we usually post about sneak peeks, off-MLS pocket listings, coming soons and just listed MLS properties on our website, blog and social media, the best way to be among the first to hear about them is to be on Dana’s Sneak Peek Email Alert list. While many local realtors are on this list, you don’t have to be a real estate agent to join it. Just click this link and add your email.

 

Trail Neighborhood Home for Sale: 840 Broadmoor Court Just Listed!

Just Listed: 840 Broadmoor Court, Lafayette

Open Sunday, November 16, 1 p.m. to 4 p.m., and 

On Broker’s Tour Tuesday, November 18, 10 a.m. to 1 p.m.

Offers due Friday, November 21, at 11 a.m.

840 Broadmoor Court Lafayette CA

www.840BroadmoorCourt.com

4 Bedrooms, 2 Bathrooms, 1965 Sq. Ft. +/-, .42-Acre Property, .40 Acres

Offered at $999,000

Opportunity knocks in Lafayette’s Trail Neighborhood!

The possibilities are endless with this classic, well-maintained 1950s mid-century modern home!

840 Broadmoor - Lafayette CA

Tucked on a well-loved street in the desirable Lafayette Trail neighborhood, this property sits on a flat, .40-acre lot and provides a unique opportunity for you to create your dream home or move-in and enjoy changes over time.

This sought-after location is just steps to the bike trail and close to town, local commute routes and award-winning schools.

Interior highlights include an open floor plan complete with formal living and dining spaces, casual family room, and sunlit kitchen.

For Sale: 849 Broadmoor Lafayette CA

The formal living room features a brick, wood-burning fireplace, built-in library nook, wood-paneling and large picture windows.

The dining area is conveniently located off the kitchen and provides a central space for casual weeknight dinners or more formal gatherings.

The family room is a great additional space for casual family fun and includes sliding doors to the rear yard for easy interior/exterior flow.

The kitchen overlooks the backyard and includes wonderful natural light through a large skylight in addition to plenty of prep and cooking space.

840 Broadmoor Interior Photos

Additional features include fresh paint, newer carpet (November 2014), and open-beam ceilings.

This deep, level lot is sure to impress! Exterior highlights include privacy, back patio, mature trees, and side yard. The ability to customize this space to create an amazing outdoor living space is tremendous.

840 Broadmoor Lafayette CA backyard photos

The quiet setting, expansion potential, premium lot, and trail location showcase just how amazing this opportunity is! We encourage you to explore the many possibilities this home and property present.

Dana Green
Real Estate Advisor, GRI
925.339.1918
Dana@DanaGreenTeam.com
www.DanaGreenTeam.com
DRE# 01482454

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Dana Green, Realtor
Dana Green is an award winning Realtor. Born and raised in Lafayette, CA, she continues to live in Lafayette with her husband and children. This blog focuses on topics of interest to people who live in Lafayette and its neighboring cities -- from real estate to lifestyle. Please... join the conversation!

We welcome your comments, questions and opinions. If you'd like to talk more privately with Dana, you can reach her at
Dana@DanaGreenTeam
(925) 339-1918