Monday Market Update: Staging Is Here To Stay

There are many aspects of the real estate industry that are constantly changing – but there is one step of the process that is here to stay: staging! Clients often ask if staging is ‘still in’, if it is really necessary, or if they can just pack up and leave rooms empty (how I feel about empty rooms is another post!). In this regard, I could not agree more with the findings reported by the National Association of Realtors® ‘2019 Profile of Home Staging’. The bottom line: staged homes sell best.

Check out the stats below from NAR® on how home staging decreases the time a home spends on market, increases buyers’ ability to visualize the home as their own and positively impacts value!

Staged-Homes-hi-res

While the report found that the kitchen master bedroom and living room are the most important rooms to stage, the dining room and outdoor areas follow close behind in the study. The ‘least’ important room to stage ranked the guest bedroom, however, I would argue that staging it is still necessary compared to leaving it bare.

To read the complete report, including perspectives from listing agents, buyer’s agents & of course – the buyers themselves – please click HERE.

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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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Designations Create Distinctions: CIPS® Reminder (It’s Almost Here!)

We could not be more pleased to remind you that it’s almost time for our 5-Day Certified International Property Specialist Institute (CIPS®)… coming to the Silicon Valley Association of Realtors® in June!

This once-a-year opportunity will guide you through the expansion of your business into the global real estate sector, something that is more than critical here in Silicon Valley. The CIPS Institute provides training in international business issues, including currency conversion, cultural awareness, legal and tax requirements, ownership and transaction principles of international real estate, and specifics about the real estate markets in Europe, the Americas, and Asia.

Hear what our enthusiastic students have to say…

Cost for the entire CIPS Institute, which includes five courses, is $500 for the paperless option and $550 for the paper version (printed manual for each of the five courses) through May 20. Regular price is $600 (paperless)/$650 (paper). The CIPS Institute is open to both members and nonmembers. For the paperless option, members may enroll online at ims.silvar.org . Non-members and those who want the paper option may register by contacting SILVAR Public Affairs and Communications Director Rose Meily at rmeily@silvar.org .

SILVAR CIPS Institute: June 10 – 14, 2019
Date: June 10 – 14, 2019
Time: 8:30 AM-4:30 PM
Cost: $500 paperless; $550 paper option till May 20
Location: 19400 Stevens Creek Blvd., Suite 100, Cupertino, CA, 95020

CIPS Sponsors

REGISTER TODAY!

If you just can’t get enough info about international real estate AND would love to learn more about a direct application of the CIPS® Designation… check out this upcoming opportunity on June 13th!

 

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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Remembering With Gratitude This Memorial Day

Memorial Day

Thank you for visiting the Bobbi Decker Blog. Most of you know that we almost always feature a ‘Monday Market Update’… except when it is time to pay tribute to a cause far greater. Today, we step away from our real estate roots to honor those who paved the way for the freedoms we live each day as we observe Memorial Day. On this day, we encourage you to reach out to the loved ones of a fallen soldier, stop by your local Memorial Day parade or town remembrance ceremony, or take a moment to honor in your heart those whom you have lost in service.

On behalf of my team and with my utmost gratitude, I hold the most sincere appreciation for our fallen men and women, and revere their families whom carry on their legacy with strength and dignity.

Below are some powerful quotes about this day, as well as some links to resources with the history of this day over time.

Memorial Day Quotes

“Our flag does not fly because the wind moves it. It flies with the last breath of each soldier who died protecting it.” –Unknown

“How important it is for us to recognize and celebrate our heroes and she-roes.” –Maya Angelou

“In the aftermath, we are because they were.” –RJ Heller

“On this day, take time to remember those who have fallen. But on every day after, do more; put the freedoms they died for to greater and nobler uses.” –Richelle E. Goodrich

“Their remembrance be as lasting as the land they honored.” –Daniel Webster

Further Reading

7 Memorial Day Facts You Probably Didn’t Know

Memorial Day (History.com) 

Memorial Day’s Controversial History Explained

With immeasurable gratitude & sincere respect to our men & women in uniform,

Bobbi

Bobbi Decker Hosts Real Estate Radio LIVE Every Friday From 3-4pm PST ON AM 1220 KDOW

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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Senior Spotlight: Relocation Stress Syndrome ~ What It Is & Who Is At Risk

Welcome back; thank you for visiting the Bobbi Decker Senior Spotlight! From time to time, we are honored to share articles from our dedicated network of professionals whom are as passionate about improving the quality of life for seniors as we are. The blog for this week comes from a dear business associate, senior champion, friend and did we mention AMAZING move manager?

T.O.P. Moves Logo F2wslogcaps

The topic below is one that we have no doubt all witnessed among our parents and grandparents in some form, but likely did not know the cause or definition. Please note that relocation stress syndrome can only be diagnosed by a senior medical professional; awareness and assessment of any symptoms or factors noted below is key to addressing this topic with those who can help.

Find the original, published article on Topmovemgmt.com; thank you T-O-P Move Founder/CEO Helen Ingwersen for bringing awareness to this critical and often overlooked condition.

Transition Terminology: Relocation Stress Syndrome

A special publication from our friends at T-O-P Move Managerment: Making Every Transition Easier 

handsThere are times when the process of moving one block feels like the stress of moving to a whole new country, and instances when the lingo of moving is like learning a whole new language. This is especially true if you have ever helped an aging loved one; you may have had to study-up on rightsizing vs. downsizing, refined what a continuum of care really means or processed the definition of a Medicaid Gap. But there is one term that we feel is oft-overlooked and important for every family, every eldercare professional and every move manager to understand: relocation stress syndrome.

 T-O-P Move Management recently had the honor of encountering one of the industry’s most highly-regarded professionals on the topic, Tracy Greene Mintz (LCSW), at the NASMM Annual Conference this year! Social Work Today calls Tracy a “a nationally recognized expert in relocation stress syndrome whose company, Senior Care Training, equips social workers and the entire range of professionals involved in eldercare to prevent relocation stress syndrome, also known as transfer trauma.”

 Key Terms

‘Relocation Stress Syndrome’ is also known as ‘transfer trauma’. Anyone who has moved from one place to another is at-risk, and the risk is highest for those who may had very little (if any) control in decision-making and those with dementia who may have difficulty processing new information. Move types include adapting to a new living situation, relocation to a new facility, the loss of a long-term residence and anyone who feels they will never truly be ‘home’ again. Relocation Stress Syndrome is extremely serious and was added as an official diagnosis to the North American Nursing Diagnosis Association in 1992. Negative effects of transfer trauma and relocation stress syndrome can include serious depression, anxiety, illness, and even increased risk of death.

 Symptoms

Symptoms are typically clustered into reactions mood, behavior and physiological manifestations. Symptoms may occur before, during or several months after a move.

Common Mood Symptoms: Sadness, Anger, Irritability, Depression, Anxiousness, Tearfulness.

Common Behavior Symptoms: Combativeness, Screaming, Complaining, Lack Of Trust, Decline In Self-Care and Generally Challenging Behaviors.

Common Physiological Symptoms: Confusion, Pain, Falling, Rapid Heartbeat (due to anxiety), Sleeplessness, Poor Appetite, Weight Loss or Gain, Drug Seeking, and Increased Coping Through Drinking/Smoking. Other Physiological Complaints Include: A Sudden Onset Of Irritable Bowel Syndrome, Indigestion or Nausea.

Prevention & Support

Social workers are critical in helping to prevent Relocation Stress Syndrome. Every effort should be made to ensure that individuals are not transferred needlessly, too swiftly or into inappropriate levels of care. Our powerful speaker and senior champion Tracy Greene Mintz has stated that “The best means of prevention is to slow the process until the actual patient can participate in the decision.” The power of choice and involvement in the decision cannot be emphasized enough; every communication should focus on what the patient wants, does not want and what they need to remain who they have always been.

Honoring individuality, providing a sense of purpose and belonging and guiding the establishment of new relationships are vital components of a successful life transition. Gentle navigation of the move can also be supported by facility visitation prior to moving (when appropriate) and ensuring that the staff and nurses of the setting are skilled and understanding of the physical, mental and emotional strains that occur during transitions.

While social workers hold the primary role in supporting smooth transitions among senior care arrangements, families can also benefit from outside support services such as senior move managers and relocation companies who can help manage many of the stresses that accompany such life changes.

In short, it takes a team to support our loved ones through some of the hardest moves in their lives. It is not only a team we are honored to be on, but one where the results are measured by more than a score – but things that are far more powerful: a smile, a sigh of relief and a sense of hope.

We would like to truly thank Tracy Greene Mintz from Senior Care Training for her ongoing dedication, commitment and inspiration in championing this most basic human right and need.

While this blog intends to serve as an introduction the meaning of Relocation Stress Syndrome, it is in no way intended to serve as a substitute for professional, medical guidance in its prevention, diagnosis and treatment. Please be sure to consult with your healthcare provider and seek out a licensed social worker if you have a loved one experiencing transition challenges or have concerns about moving a loved one with dementia and/or cognitive impairment.

All our best,

Helen & Your T-O-P Move Mgmt Team

 Resources Used:

 http://seniorcaretraining.com/

https://www.aplaceformom.com/blog/relocation-stress-syndrome/

http://helpinghg.com/transfer-trauma-and-relocation-stress-syndrome/

https://www.socialworktoday.com/archive/011915p10.shtml

Hope you enjoyed this article as much as I did!

~ Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/

EHO

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

Designations Create Distinctions: Hear From An SRES® Graduate (And Become One Yourself Next Week!)

Course Reminder: SRES® 2-Day Course May 29th & May 30th 

By now, you know how much I love my role as both a real estate agent and instructor of real estate education. But the thing I love the most is when my students experience as much enjoyment, enrichment and perspective as I do! With my next Senior Real Estate Specialist® (SRES) course coming up next week ~ I wanted to share some feedback from one of my amazing and dedicated SRES grads below! (Thank you Caitlin!)

With 10,000 Baby Boomers turning 65 everyday into the 2030’s and the aging population expected to grow 200% in our local counties by 2060… why wait?! Grow your business with specialized knowledge of the wants, needs and expectations of home buyers and sellers aged 50+ and join a dedicated network of agents who are committed to doing the same around the county!

REGISTER TODAY for my 2-Day SRES® Course at the Santa Clara County Association of Realtors (SCCAOR)® taking place next week, May 29th & May 30th from 9am-5pm (lunch included).

Find complete course objectives & quick facts here and be sure to tell a friend! We are always better when we are learning together, right?

All my best & see you next week,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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Monday Market Update: April 2019 Sales & Price Stats Are In (California)

Have you seen the latest data from the California Association of Realtors (CAR)®? Check out the infographic below which summarizes some of the key facts and figures behind our state’s home sales and inventory levels.

april 2019 home sales

As you can see, inventory is up ever so slightly year-over-year, from 3.2 months this time last year to 3.4 months of inventory this year. Median price growth is currently at 3.2%, the figure estimated by many media sources at the beginning of 2019. In addition, price growth has slowed overall… but not stopped. So, what does all of this mean to you?

1 | Keep in mind that these trends are statewide averages, the local trends in your county, city and micro-market are likely to be very different so please be sure to reach out to an active, full-time, experienced agent in your area for any questions about value or local sales.

2 | Real estate continues to be a wise investment! Price growth is still happening, and the longer you wait to enter the market, the longer before you see the potential results.

3 | The surprise drop in rates did not impact the purchase market as much as many people would have expected. While it feels natural to assume that rates are a deal-breaker (or not) for homebuyers, there are many facts besides rates which determine who is buying and when. In short, try not to hyper focus on one aspect of the market when there are many pieces to the puzzle!

If you have any questions about the market in San Mateo County or Santa Clara County, or would love a trusted referral within another part of the state, please don’t hesitate to reach out!

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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Senior Spotlight: Assessing Age-Friendly Communities (What To Ask?)

Aging Happy

Did you know that by the year 2035, the population aged 65 and older is expected to outnumber those aged 18 and under for the first time in history? This pending shift has caused more states and cities to consider what they can offer to their largest growing populations. The #DisruptAging trend driven by AARP recently published an article which summarized which features make a community most age-friendly, and provided a link to a growing list of 368 communities which have become members of the AARP Network of Age-Friendly States & Communities.

Communities which are considered age-friendly have governments whom are taking the following questions into account; these areas ultimately impact the social and financial quality of life as one ages.

1. Is public transportation easily accessible?
2. Are there parks and walking paths for exercise?
3. How easy is it to make and maintain friendships?
4. Is medical care convenient?
5. Is there affordable housing?
6. What kind of health and community support is available?
7. Are there employment opportunities for older peeps?

Can your city of residence answer ‘yes’ to the questions above? Probably not… yet. But did you know that there are 368 communities whose elected leadership has made the commitment to actively work towards making quality of life a priority for residents of all ages? That’s right, members of the AARP Network of Age-Friendly States and Communities have made a pledge to improve the needs of citizens of all ages via a multi-step process.

To view the recently updated list of members among the AARP Network of Age-Friendly States and Communities, click HERE.

Furthermore, there are also several states which are making huge strides in their efforts to improve senior life. Colorado is working on providing tax benefits to employers who hire older workers. New York has prioritized senior housing by investing $125 million in affordable options for low-income and older adults. Massachusetts has even established a ‘Governor’s Council To Address Aging’, which conducts listening sessions across the state to analyze the needs of older residents. Inspiring, right? If you could make your current community age-friendly, what is the first change you would love to see? Now… is there anything you can do about it? 😉

Learn More: What You Need to Know About Age-Friendly States

As the older population continues to grow, our team at Bobbi Decker Real Estate is more than committed to helping you follow the age-friendly movement. Keep watching this blog for details!

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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

Designations Create Distinctions: Your Next SRES® Opportunity Awaits

sres may 29 - 30

Hey Santa Clara County… we are coming to see you SOON! Did you know that according to US Census data in 2015, nearly 13% of county residents were aged 65 and older? According to the California Department of Aging, the Santa Clara County population aged 65 and over is expected to grow over 200% from 2010 to 2060! If you are ready, willing and excited about helping home buyers and sellers aged 50+, then I am excited to help you make it happen. Join me at the Santa Clara County Association of Realtors® (SCCAOR) for the highly anticipated return of the 2-day Senior Real Estate Specialist® Designation on May 29th & May 30th from 9-5pm (both days).

 SRES® Program Information

The SRES® designation course seeks to instill knowledge and understanding of and empathy for 50+ real estate clients and customers.

Develop the business building skills and resources needed for specialization in the 50+ real estate market. The SRES® designation program provides professional training and development suitable for continuing education credit.

View all course learning objectives HERE.

Register today HERE.

I can’t wait to see you there!

~ Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

 

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Monday Market Update: Good-Bye Single-Family Zoning? (SB50)

Cat w-notepad

There is a hot California topic regarding real estate that you are going to continue to see in the news (if you have not already) California Senate Bill 50 (SB50).  It’s been called an extreme measure in response to the state’s extreme housing crisis by the LA Times, and is known as The More HOMES (Housing, Opportunity, Mobility, Equity & Stability) Act by proponents. We have included some facts and talking points regarding this highly controversial bill below and encourage you to seek out your own resources and information as well as this story unfolds.

| Originally proposed by State Sen. Scott Wiener, SB50 merged with Sen. Mike McGuire’s SB4 on April 25. The proposal now aims to increase housing along some of California’s transit hubs and allow the creation of fourplexes-by-right across much of the state.

| According to the San Jose Mercury News: “Senate Bill 50 — already hotly debated — [would] allow property owners broad rights to turn single-family homes and vacant lots into two-, three- and four-unit homes and apartments.”

| Housing Activist Alfed Twu (as reported by SFCurbed) believes that the new changes will “echo how Californian cities were built prior to the downzonings of the mid-20th century: mid-rise buildings near rail stations, small apartments and townhouses near workplaces, and a mix of houses, duplexes, and fourplexes in most suburban neighborhoods.”

| In a policy brief from UC Berkeley’s Urban Displacement Project, SB50 is explained in relation to the country’s increasing policy strategy and consideration of upzoning (relaxing zoning code to allow for increased density or greater building height) as a strategy to address housing shortages.

Read More:

UPZONING CALIFORNIA: WHAT ARE THE IMPLICATIONSOF SB 50 FOR BAY AREA NEIGHBORHOODS?

NEW SB 50 CHART WILL HELP YOU MAKE SENSE OF CALIFORNIA’S TRANSIT-HOUSING BILL

IS THIS A SOLUTION TO CALIFORNIA’S HOUSING CRISIS, OR A THREAT TO SINGLE-FAMILY HOMES?

LEGISLATIVE COUNSEL’S DIGEST SB 50

MORE THAN 60 PERCENT OF CALIFORNIANS BACK TRANSIT-HOUSING BILL, ACCORDING TO POLL

This article is for informational purposes only. The Bobbi Decker Team is not endorsing nor opposing the policy issue at hand, but simply drawing attention to a housing topic that is currently in committee. 

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/
EHO

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Senior Spotlight: Single-Family Rental Communities Attract Boomers

Are single-family rentals the new retiree dream?

Are NEW single-family rentals the new retiree dream?

You have often heard us say that there is no one-size-fits-all recipe for retirement. Not everyone wants to (or can afford to) age in place. Not every retiree is ready for a senior or assisted living community. Not every senior is aware that there is an option between selling your home and moving into a multi-family community – but alas, we all can learn! Realtor.com recently published an article titled “The Hottest Rentals Are Single-Family Homes, and Boomers Are Snapping Them Up”. This read summarizes just one more option that is appealing to empty nesters, and why!

Single-family rental communities are attracting Baby Boomers who wish to sell, but who feel pushed out of the market by sky-high housing prices. Typically, these neighborhoods are master-planned communities consisting of 1-3 bedroom detached, single family homes. These rental properties also offer a simpler life via a smaller home and lot, a newly built and amenity-filled residence and the benefits of on-site maintenance! Many of such newly built developments also offer features such as pools, dog parks, communal open areas and attractive landscaping. It’s oft-considered the best of both worlds – the amenities of apartment living with the desirable privacy of single-family style life (and no noisy neighbors upstairs or sharing walls). In addition, the rental lifestyle is more conducive for retirees who wish to travel and spend more time creating experiences than performing home maintenance.

The downside… you are unlikely to see any of such communities in the Bay Area. Most of these developments are popping up in bedroom communities where there is enough land to build an entire neighborhood (100-250 homes on average). Predominant areas include: the suburbs of the Southern states ranging from Arizona through Texas and into Florida and the Carolinas. These regions offer more affordably priced land which enables builders to construct homes that will turn a profit without the sky-high rents that could defer residents.

Would you consider a single-family rental option in a newer, affordable community as you age? Could selling and moving to one of these master planned communities be a viable option for Boomers wishing to downsize? I’d love to hear your thoughts!

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

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/

EHO

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