5 Reasons Top Realtors Will Be Attending the Asian Real Estate Association of America (AREAA) 2015 National Convention

Asian Real Estate Association

The Asian Real Estate Association of America (AREAA) 2015 National Convention, scheduled for October 22-24 at the Hyatt Regency Hotel in San Francisco, CA, is a fantastic opportunity to join a record number of of real estate professionals, industry leaders and housing finance experts who work closely with Asian American and Pacific Islander homebuyers and investors. I’ll be there to get the latest intel regarding this important segment. Billed as the largest and most comprehensive convention in the history of the organization, this year’s program will highlight the 150th anniversary of the use of Chinese labor to construct the … [Read more...]

Chinese investors and visitors continue to flock to Napa Valley

chinese visitors

Napa Valley continues to be a very popular destination for Chinese investors and visitors. From mid-May to mid-June, more than 9,000 Chinese visited the region, with many leaving inspired to invest in Napa Valley real estate. That supports the point I made in a previous blog post on the growing number of Chinese investors in Napa Valley. According to the Napa Valley Register, groups of 1,600 visitors, sponsored by Amway, flew into San Francisco to explore several northern California destinations, including Napa Valley. These potential investors from Asia have been increasingly reaching out to me. That’s why I keep up to date on the global … [Read more...]

New Wealth-X Report Shows Ultra Wealthy Buying Homes As Opportunity Gateways

wealth x report

According to a new report by Wealth-X and the Sotheby’s International Realty®, there’s a growing number of ultra high net worth (UHNW) individuals buying homes as opportunity gateways for investment diversification and citizenship or foreign residency. The UHNW Luxury Real Estate Report: Homes As Opportunity Gateways shows two trends are driving the trend: (1) Many emerging nations see international home buying as a safe investment diversification strategy, especially for those in the UHNW segment. (2) Home-buying by UHNW can mean citizenship or residency status in foreign nations. Here are some of the key findings in the … [Read more...]

Yountville: The Culinary Capital of the Napa Valley

Yountville the culinary capital

In a recent blog, I introduced you to the wonderful town of Yountville, renowned for its world-class restaurants and award-winning chefs; earning it the unofficial title of “Culinary Capital of the Napa Valley.” I’ve shared about Celebrity chef Thomas Keller’s favorite local restaurants. What I didn’t mention earlier is that Keller has some amazing restaurants in Yountville. The French Laundry is one of the top 3 restaurants in the world, and is on the top of every foodie's bucket list of places to eat at before they die. Then there’s Bouchon Bistro, offering authentic French bistro fare with Keller’s unfailing attention to detail in both … [Read more...]

The Pros and Cons of a Reverse Mortgage

reverse mortgage illustration

Is a reverse mortgage for you? A reverse mortgage can be a valuable retirement planning tool that can greatly increase retirees income streams by using their largest assets: their homes. If you’re 62 or older and want money to pay off your mortgage, supplement your income, or pay for healthcare expenses, a reverse mortgage is something you may consider. It allows you to use the equity in your home without moving out. Rather than paying monthly mortgage payments, you get an advance on the equity you have in your home.  It can be an attractive option as the money you receive is not usually taxable and typically does not affect your Social … [Read more...]

Good news: Napa Valley Home Prices Continue to Rise

9 - View from front loggia - 48

Napa Valley home prices rose 4.3 percent in the first six months of the year. That info comes from recent data compiled by the Bay Area Real Estate Information Service (BAREIS), which provides Multiple Listing Services to approximately 7,500 real estate professionals in Northern California. The info was featured in a recent article in the Napa Valley Register. “This is all very good news,” said Peter Allen, instructor of economics at Napa Valley College. He went on to say, compared to other metro areas, the Napa County Real estate increase is one of the highest in the country. “We got hit pretty hard” during the recession, he commented. … [Read more...]

Yountville Real Estate Opportunities

V marketplace in Yountville

Last week, I introduced you to the lovely town of Yountville. Here’s some Yountville Real Estate that might be of interest to you: How would you like to be the new owner of The V Marketplace? With 38,000 square feet, the V Marketplace is located on a 23-acre Vintage Estate. The festival-style center offers upscale specialty shops, galleries and restaurants, a wine tasting cellar, and Napa Valley’s original hot air balloon company, all housed within and around the historic Groezinger Winery complex. Meandering cobblestone walkways, scenic views and lush picnic gardens surround the property. Special events and entertainment are scheduled … [Read more...]

2015 Q2 Wine Country Market Update – The Stats Are In

St.-Helena

According to the Bay Area Real Estate Information Services, sales volume and average sales price of single-family homes were up in the second quarter 2015 in many Wine Country markets. Despite low inventories, popular second home markets such as Healdsburg and the Sonoma Valley flourished. In particular, sales over $1M in both markets saw significant increases, with Healdsburg showing an 86% sales volume increase and Sonoma Valley showing a 44% sales volume increase in Q2 2015 versus Q2 2014, resulting in an average sales price of $1,120,521 and $974,393 respectively in those markets. The more populated Wine Country markets such as the City … [Read more...]

Yountville: A Place People Love to Call Home

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There’s a reason why Yountville is known as the heart of Napa Valley. Nestled among vineyards between the Mayacamas Mountains and the Napa River, the quaint town of Yountville is a community that treasures it's many successful businesses and it's adoring visitors from all over the world that help make it thrive. With a variety of well-maintained neighborhood parks that include outdoor recreational amenities including bocce, volleyball, tennis, basketball courts, children's play equipment and picnic areas that can be reserved, Yountville might be the perfect place for you to call home. Yountville is home to some of the best restaurants in … [Read more...]

Are you in the market for a Landscape Contractor?

Napa landscape example

If you are in the market for a landscape contractor, then read this blog! There are many ways to find the perfect landscape contractor to work with. I highly suggest you don’t simply count on finding one via the Internet. Instead, think draught resistant, local and utilize the following 10 tips: 1) Search Houzz for landscape contractors. 2) Ask for referrals from your friends and neighbors. 3) Check with the Napa Chamber of Commerce. 4) Ask your local nursery or garden store for a referral. 5) A good way to narrow down your options is to review credentials. You want to hire a contractor who is knowledgeable, easy to work with … [Read more...]