Designations Create Distinctions: At Home With Diversity ~ Feb 27th (Don’t Miss This One!)

You may know that Silicon Valley is considered one of the most diverse and multiculturally unique places in the United States… but did you know that there is a designation that can advance your professional commitment and broaden your perspective in this regard?!

Join me at the Bay East Association of Realtors® on Thursday, February 27th from 8:30am-4:30pm to earn your At Home With Diversity (AHWD)® certification. This course will not only enable you to work successfully within a rapidly changing  multicultural market, but increase your aptitude of how to apply fair housing laws in your business and gain insights into business etiquette for specific cultures.

The At Home With Diversity certification is also an ideal complement to the CIPS (Certified International Property Specialist) ® designation and Resort and Second Home Property (RSPS)® certification.

Reserve your spot today by contacting Pamela Thompson, pamelaT@bayeast.com / 925.730.4075. Register online at: https://bayeast.org/event/at-home-with-diversity/.

See you SOON!

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

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Monday Market Update: These Feet Are Made For… Buying!

It’s time to talk about: foot traffic! You may have heard this term used as a seller when your agent has shown your home and is describing how many people came through the door. But according to the National Association of REALTORS® “foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.” Thus, foot traffic is not only important to current sellers – but to buyers, homeowners and investors as a powerful resource in depicting current and future housing trends.

Please see below for the latest foot traffic index released, which demonstrates an increase of 6.2 points in January from the prior month and is unchanged from this same time last year.

For a more in-depth explanation of this index, please listen in to this informative podcast from NAR® titled “Real Estate Insights: Foot Traffic” HERE.

If you have any questions at all about what the diffusion index of foot traffic means above, or would like you to share what foot traffic I have seen in the areas I serve, please do not hesitate to let me know!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

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Senior Spotlight: Baby Boomers, It’s Not Your Fault

It’s time to set the record straight: Baby Boomers are not the primary reason for the housing crisis. If you follow our blog and read our recent article which included the housing shortage tracker, you know that there is only one new housing permit issued for every 12 new jobs created in the San Francisco metro area. Yet time and time again you will see that more and more Baby Boomers aging in place and living alone are named as the reason why homes are in short supply. To help provide some fact-based perspective, here are 3 things you need to know about Baby Boomers and the current state of real estate.

#1: YES, it is true that Baby Boomers are staying in their houses longer and more independently than previous generations. However, they are also more likely to have an adult child still living with them at home than seniors did prior to the housing crash in 2008. Thus, they also need to keep their larger homes to support the 1 in 5 millennial Americans who are living with family, according to Zillow.

#2: NO, a recent Trulia study proved that seniors aging in place is not the reason why affordability is skyrocketing. In fact, the data determined that the cities where seniors occupy the most housing are actually the most affordable! Likewise, the most expensive cities in the nation do not have an excess of boomers who could downsize to smaller homes and ‘free up’ inventory in a manner that would anywhere near alleviate enough supply to match demand and reduce price acceleration.

#3: YES, it is an issue of land. Major cities are lacking land to build on, even assuming that construction companies could keep up with hiring needs and supply costs. As the New York Times has stated, “There is, simply put, a dire shortage of housing in places where people and companies want to live.’ The problem is more complex than a nationwide housing shortage – it is an imbalance in between where there is land to create housing and where there are plentiful jobs that people need to access. There are four million people and counting who spend at least 3 hours per day driving to and from work.

The housing inventory issue is no doubt a complex one, and we by no means intend to simplify it with the three bullet points above. But we hope these principles will provide some food for thought as to what factors play an even greater role in where our local markets are at today. For further reading, we recommend:

More Seniors Are Living Alone. Stop Blaming Them For The Housing Crisis 

More Millennials Are Living At Home Than At Any Other Time This Century

Build Build Build…

Are Senior Baby Boomers a Root Cause of the Housing Shortage?

How To Ease California Housing Crisis In Four Easy Steps, And Four More That Are A Little Harder

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Designations Create Distinctions: 1st Place Goes To… Hilo!

So at first glance you might think these agents are smiling because they live in a place that many of us would love to call home – or at least visit a few times a year… Hawaii! But really they are smiling (and so am I!) because they are the FIRST Bobbi Decker Instructor graduating class of 2020. I was more than honored to bring a brand-new NAR® course, Marketing Strategy & Lead Generation, to Hilo and help this hard-working group of agents start off the new decade with a business and marketing course than can benefit every agent in every market. The best news is that you don’t have to be in Hawaii to to get all the advnatages of this course … it’s coming to San Mateo in May!

Check out my Designations Create Distinctions course line-up below, and be sure to secure your spot today for the courses that will benefit you the most. The new Marketing Strategy & Lead Generation Course is one of the most versatile, impactful and resource-filled options available… REGISTER today! 


LEARN MORE:

February 19-20 SRES® (Berkeley): Register Here 

February 27 AHWD® (Pleasanton): Register Here

April 22-23 SRES® (San Mateo): Register Here 

May 13 Marketing Strategy & Lead Generation (San Mateo): Register Here 


See you in the classroom!

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

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Monday Market Update: Jobs & Housing – An Interactive Snapshot

Let’s talk about… jobs & housing! You may wonder why we keep talking about inventory levels and the housing shortage, and there is one very good reason that applies on a local and national level. As stated by NAR Chief Economist Lawrence Yun above… there has been an ‘unrelenting 20 million net job additions for over a decade since 2010.’ Yet, housing construction levels have not reached these gains, nor anywhere close!

Related to this, NAR® recently introduced their Housing Shortage Tracker, an interactive United States map that enables users to hover over 178 metropolitan areas and see how many homes each area needs to build in order to keep up with the increased demand for housing based on job creation. View this insightful tool HERE.

Sample Snapshot, Click HERE To Hover & View Results 

For example, hover over the San Jose-Sunnyvale-Santa Clara metro; you will see that only one single-family housing permit is issued for every 10 jobs created. There have been 71,900 jobs added, yet only 7,278 SFR permits added.

For the San Francisco-Oakland-Hayward metro, one new permit is issued for every 12 new jobs; the addition of 167,800 jobs has been met with only 13,658 single-family unit permits.

These figures are vastly differently from the historical averages in which 1 permit has been issued for every 2 new jobs. Thus, the issue is multiplying exponentially as job creation surges ahead and housing permits drag sluggishly behind.

Sellers: Please let me know if you have any questions about what this data means for you. With millennials turning 30, entry-level homes are especially in demand, as well as homes in desirable school districts and those near commute corridors. Furthermore, the housing shortage means that many of the ‘old-school’ trends may not apply – you may not need to remodel or only consider listing in certain seasons. Demand is ongoing and many homeowners have waited so long to find a home that they are more than ready and willing to make it their own!

Buyers: Your job is a little harder but not impossible. Prioritizing your needs and wants without getting desperate or emotional will be key. Furthermore, it will be to your utmost advantage to work with an active, full-time, highly-networked agent who can stay on top of what is coming to market, what is available off-market and what you need to do to win what is on the market.

Please let me know if you have any questions, at any time! I would be happy to help!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: All About Heart

This time of year is all about heart… and not because it is Valentine’s Week! February is American Heart Month, a time to raise awareness about heart health, urge those around us to prevent heart disease and take steps to help our own hearts too!

While the stats above are intended to show you how many people are impacted by heart disease in the nation and in our state, let’s talk about the connection between heart health and seniors as this IS our Senior Spotlight! According to the National Institute On Aging, people age 65 and older are much more likely than younger people to suffer a heart attack, to have a stroke, or to develop coronary heart disease (commonly called heart disease) and heart failure. Heart disease is one of the major causes of disability, and drastically reduces the activity levels and quality of life for millions of older adults. To read more about the physiological connection between aging and heart health, click here.

The most important thing you can do during heart health month is to take steps to keep your heart healthier! Please, please see a doctor for an annual exam, and be sure to stay on top of related conditions such as high cholesterol, high blood pressure and diabetes. Follow a heart-healthy diet and ask your doctor what that looks like for you if you have any other underlying conditions or dietary considerations. Be sure to quit smoking, reduce alcohol consumption and get active! It is never too late to start weekly or daily walks with a friend, to check out activity offerings at your local senior center or to consult with a medical professional on the ways that you can keep your heart as healthy as can be!

Further Reading:

CDC: Heart Disease: It Can Happen at Any Age

https://www.cdc.gov/features/heartmonth/index.html

NHLBI: Heart-Healthy Living

https://www.nhlbi.nih.gov/health-topics/heart-healthy-living

AHA: Symptoms of a Heart Attack and Stroke in Women

https://www.goredforwomen.org/en/about-heart-disease-in-women/signs-and-symptoms-in-women

AHA: American Heart Association Recommendations for Physical Activity in Adults and Kids

https://www.heart.org/en/healthy-living/fitness/fitness-basics/aha-recs-for-physical-activity-in-adults

Please take some time not just to have heart… but to keep it healthy too!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Designations Create Distinctions: 4 Opportunities To Stand Out

Wow! Can you believe that February is already here…? We know if you work in real estate… that you have a BUSY season ahead of you! We also know that your growth mindset is as unstoppable as your dedication – and we wanted to share 4 upcoming chances to help you launch!

Check out the course schedule below and find the links to register below. I can’t wait to see you soon!

February 19-20 SRES® (Berkeley): Register Here 

February 27 AHWD® (Pleasanton): Register Here

April 22-23 SRES® (San Mateo): Register Here 

May 13 Marketing Strategy & Lead Generation (San Mateo): Register Here 

If you have another course you would love to see at your local real estate assocaiton, please do not hesitate to reach out!

See you in the classroom!

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Designations Create Distinctions | Leave a comment

Monday Market Update: Are You Saving Strong… Or Doing It All Wrong?

Saving money may not be an easy task… but it is an important one. How much income are you setting aside each month? Are you using it to put into a retirement account, for an emergency fund in the event of a job loss or health event… or for a down payment on a house?

As you can see from the infographic below, 21% of Americans are not saving anything at all… while 16% are saving more than 15% of their income. Less than 1/3 of those surveyed considered themselves financially strong in terms of saving, spending, borrowing and overall planning well financially.

No matter how little or how much you are saving, the most important thing to be aware of what your goals are and how your current savings plan (or lack thereof) is helping you get there. It is never too late to make a change!

For those trying to save for a down payment on a home… do not assume that you need 20% down! In fact, the National Association of Realtors® reports that the average American puts 12% down on their home. There are some loan programs that only require 3.5% down, and some local municipalities that offer down payment assistance – so always check with a lender to see what you qualify for and what first-time homebuyer options may help you get into the market.

Not quote sure how to make the cash flow…? MillionAcres recommends starting with these 3 basic savings ideas: 1) Follow a budget that clearly accounts for your savings and spending and helps you identify the wiggle room; 2) Move back in with your parents or another relative (at reduced or zero rent) to save a large amount in a small time frame; 3) Consider a side hustle for 2nd income – it could be hobby related and enjoyable, or something virtual that enables you to work from home when you are able.

The worst thing you can do is nothing at all… so even if you work on tightening up your spending just 1% per day – just think how far you will have come in a few short months!

Resources Used:

Savings Savviness

The New Rules for Figuring Out How Much Home You Can Really Afford

3 Money-Saving Strategies for Your First Home’s Down Payment

Happy prioritizing,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Monday Market Updates | Leave a comment

Senior Spotlight: What Is Pre-Downsizing & Why Does It Matter?

In my decades of working with seniors, there is an unfortunate thing that happens when people talk about the word downsizing. They feel embarrassed. Ashamed. Discouraged. Pressured. And every time, it breaks my heart – here’s why.

In the majority of couples and individuals must downsize, they have been thinking about it for some time. They knew they would need to move at some point, but just hadn’t gotten around to it yet. But then some unexpected incident happens and suddenly the time is now. A broken hip. An ill family member. An unexpected financial obligation. It often happens, and always at the worst possible time.

That is why when I came across an article on Next Avenue about pre-downsizing, I could not believe we had not covered this before! We had always talked about not waiting until it is too late… but we have never before mentioned that you can use the ‘P’ word instead of the ‘D’ word. When you pre-downsize instead of downsize, you can accomplish 3 important things.

#1: Maintain Control. There is so much more that is in control when time is on your side. By downsizing before you have to, you can often manage the tasks of downsizing the way you want and need to.

#2: Reduce Stress. Instead of having to clean out two rooms per day, you can pace yourself (just do not stop!). Plus, if you hit roadblocks such as who will haul what or when the relatives will come to get their chosen items, you have much more flexibility. It is so much less stressful to work within a process of several months than several hours.

#3: Create Conversation. I have yet to see a downsizing process that did not involve some tough conversations. From where the next place of residence would be, to who would become the proud owners of great grandmas heirloom jewelry, pre-downsizing enables you to have the conversation rather than rush the decision.

These are just a few of the many reasons why downsizing before you have to is something to truly consider in 2020. To read all 8 reasons that inspired this Senior Spotlight, please read “ Don’t Need to Downsize Yet? Great. Start Now.”

In all sincerity, I hope that this week’s blog has not alarmed you, but simply reaffirmed the importance of having a plan. You can even take many of the steps of downsizing without having to move… and make a huge impact in the process down the road. It is never too soon to do what you need to do before you have to do it!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment

Designations Create Distinctions: There Are No Average Grandparents…

The Baby Boomers are not your average grandparents… and the REALTORS® most equipped to support them are not your average agents. Join the next graduating class of Senior Real Estate Specialist® Designees on February 19th and 20th at the Bridge Association of Realtors® in Berkeley!

Learn More & Register Here: https://www.bridgeaor.org/upcoming-courses 

See you soon!

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

 

Posted in Designations Create Distinctions | Leave a comment