Milpitas Real Estate Market Update 09-28-2017

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1) Milpitas Market MLS Update
-20 pending sales
-new listings:
-159 Cobblestone Loop 3bd 21/2 ba 1951sf lot size 1937 $1,298,700
-1392 Traughber St 4bd 2 1/2ba 1976sf lot size 6510 $1,149,800
-1726 Butano Dr 4bd 3ba 2450sf lot size 5700 $1,088,000
2) Current Interest Rates
-4.0% 30 yr fixed conforming
-3.25% 15 yr fixed conforming
-4.125% 30 yr fixed jumbo
-3.5% 15 yr fixed jumbo
3) “On a budget? Do this one thing to instantly upgrade your home” San Jose Merc- 9/17/17
-Where does hardware add the most value to a home?
-the kitchen and bath are two of the rooms that can widely impact the resale value
of a home
-What are the best hardward options for kitchen cabinets?
-The kitchen is a focal point for entertaining and a space that is frequented by
house guests, party guests, and homeowners themselves
(combining hardware styles with a mixture of knobs and pulls, depending on the
size and positioning of the cabinets and drawers, also hinge hardware is important)
-What are the favorite hardware styles right now?
-hand-stiched Italian leather and rich American walnut
-What should someone do on a budget?
-Hardware and lighting make the biggest differences
-Tips for choosing hardware for furniture?
-A vintage furniture piece can feel completely modern when paired with new
hardware style, also update built-in cabinets in living rooms and dining rooms
4) “Assess your family lifestyle before designing new home’s interior” San Jose Merc 9/10/17
-Buyers should perform the equivalent of a family-needs assessment before they
first meet with a designer
-Analyze how you are typically going to use the living space
-Consider, entertaining, family activities, guests, older family members, pets
-Stages of the children’s growth,,,,teen years…..
-Home technology requirements
-Flat screen TV, security system, home monitors, thermostats, kitchen smart devices
-Lighting, ceiling lights, table/floor lamps
5) “Preparing Your Home to Sell”
-Front door
-Living areas
-Closets
-Bathrooms
-Bedrooms
-Kitchen
-Garage
-Outdoors
for City of Milpitas updates…..www.ci.milpitas.ca.gov