Velasco Chronicle & Buzz September
2019
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Summer is almost over, and we hope you've enjoyed it as much as we have.
Please enjoy our second editioin of
Velasco Chronicle & Buzz. We appreciate any and all input.
Unlike most newsletters we wanted to keep ours fun and informative. Including
Whats Happening in the Bay Area,
which features two events per county, San Francisco, San Mateo and Santa Clara. We will also feature, Compass Market Reports from Patrick Carlisle, Compass Chief Market Analyst, and our
Coming Soon Listings with first weekend open house dates and/or Twilight Tour dates and last but not least
a
Unique Home Sale and Video of the Week.
We hope the events we share are to your interest, and find the market trends reports insightful. We look forward to seeing you at a future Open House or Twilight Tour.
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Joe Velasco | Viridiana Velasco
Marylou Lopez | Elena Licari | Casey Nguyen
Ally Foster | Yasmin Soto
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What's Happening
Around the Bay Area
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This is the Best Oktoberfest in the West! 3 days, 4 sessions, and one of the best times you'll ever remember. Sizzling Oompah bands play all throughout. Great German food. Exhibitors where you can buy dirndls, lederhosen, hats and lots of great things. And a huge outdoor biergarten that serves the coldest, tastiest Spaten you'll ever enjoy! Kids are welcome on Saturday Day session and Sunday.
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Urban Air Market | Octavia St
Sunday | Sept 15th 11AM-6PM
Urban Air Market invites conscious shoppers to discover the best in apparel and accessories, home goods, and body products at our final market of the year!
Shopping your heart out from 150 emerging designers + more details to come soon.
Location: Octavia St. at Hayes St. on Sunday, September 15th from 11am - 6pm.
FREE to attend!
Attendees who RSVP in advance on Eventbrite will qualify for a free canvas tote on arrival while supplies last.
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Eat, Drink, Play | Los Gatos
Saturday | Sept 28th
Join us for our 3rd Annual Eat Drink Play Los Gatos, a community event featuring Fine Wine, Craft Brews, Local Food, Live Music & Great Shopping all in our Charming Downtown. The event takes place on a closed portion of N. Santa Cruz Avenue (from Main Street to Bachman). You may sip, stroll, munch & dance your way down the Avenue!
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Hot San Jose Nights | San Jose
Saturday | Sept 7th | 1:00 - 4:00 pm
Family friendly event supporting the Sobrato Cancer Center by the VMC Foundation. Featuring classic cars on display, airplane displays, Airplane rides for kids by Young Eagles, live music, military tanks on display, RC airplanes, SJSU Aviation hands-on helicopter and airplane displays, Blackhawk military helicopter on display!
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Murder Mystery Dinner | Redwood City
Sept 19th | 6 - 9 PM
Join The Murder Mystery Company live in Redwood City for the showing of Totally 80's Totally Murder, an immersive mystery experience full of twists and turns. A murder will occur and your sleuthing skills will be put to the test as you work to determine whodunnit. You'll have the chance to examine clues and mingle with suspects to deduce the culprit as you dine on a killer three-course meal. You might even become a suspect yourself!
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Dog Pool Party | San Carlos
Every Sunday in September!
Join us for a fun Sunday with your dogs for a pool party!
Member admission is free. Guest entrance cost is $35 per dog. Humans are free.
Please bring or email your dog’s proof of vaccinations and sign our liability waiver online to save time at check in.
No appointment or tickets needed. You can come any time 9am-9pm.
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Real Estate Market Reports
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Santa Clara County saw a rebound in buyer demand, luxury home sales and in median home sales prices in Q2, assisted by stock markets hitting new peaks and interest rates falling to multi-year lows. However, its market remains distinctly cooler than the feverishly over-heated period running from late 2017 through mid-2018 - when it was perhaps the hottest metro market in the country, seeing stupendous year-over-year appreciation rates.
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San Mateo County:
San Mateo County real estate saw a strong Q2 market, though, generally speaking, not quite as competitive as the white-hot market in the first half of 2018. The median house sales price bounced back up to slightly exceed the previous peak in Q2 2018, and thus return to positive year-over-year appreciation after the small decline in Q1 2019.
The luxury home market was very strong - the stand out segment - surging to dramatic new highs in sales volumes this spring, mirroring a similar dynamic in San Francisco.
The market typically begins to slow down for summer after the spring selling season ends, though homes certainly continue to sell.
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San Francisco County
After 2 quarters of no or negative year-over-year home price appreciation, a confluence of positive economic factors sent San Francisco median home sales prices to new peaks in Q2. On a quarterly basis, the median house sales price hit $1,700,000 - $80,000 above the previous peak in Q2 2018 - powered by a monthly high of $1,770,000 achieved in June. For condos, the new quarterly median price peak was $1,250,00 - slightly above last year's $1,235,000 - fueled by a new monthly high of $1,300,000 in June.
The market typically slows down significantly in San Francisco for the summer holidays through August before picking up again in September for a busy, though relatively short autumn selling season running through mid-November.
Click Here for a full detailed report.
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20 Brand New Condos Coming
to Sunnyvale in the next 3 weeks!
4 Bd | 2.5 BA | 1,500 - 1,850 SF
For more information please contact
any of our team sales agents
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Off Market
Stunning Monte Sereno Estate
15071 Becky Lane
6 Beds | 7 Baths | 6,033 SF | 1.34 Acres
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Meryl Streep's Luxurious Tribeca House is on Sale for $18.3 Million
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She may be consumed with her acting career, including an upcoming role in Steven Soderbergh's latest film
Let Them All Talk, but Meryl Streep has still managed to carve out time to put her posh Tribeca penthouse on sale for $18.3 million.
And this isn't the first time the penthouse has been on the market.
The Oscar Award-winning actress listed the property last August for $25 million. It's situated on a full floor in the River Lofts tower, located at
92 Laight Street.
Read the full article here.
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Life Style Videos
of the Month
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Bella Velasco makes her debut presenting
485 E McKinley Avenue, Sunnyvale
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Jocelyn Velasco presents
487 E McKinley Avenue, Sunnyvale
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Who enjoys a great party?!
We do! Check out our photos
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485 E McKinley Ave Sunnyvale Twilight Tour
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12385 Parker Ranch Rd Saratoga
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We thank you for joining us and we look forward to seeing you at a future event.
From our team to you and your family, Happy and Safe Labor Day Weekend.
Warmly, Joe Velasco Group
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© Compass 2019 ¦ All Rights Reserved by Compass ¦ Made in NYC
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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