Senior Spotlight: Your Home Is STILL Gaining Value

FearI have said it before and I feel the need to say it again: do not let the media scare you! There are far too many headlines out there that depict the changing market like it’s a ‘bad’ thing. While it may not be the epic seller’s market it was 6-8 months ago – that does not mean that Silicon Valley is not one of the hottest markets nor that values are not still rising. In fact, many sellers are opting to sell now because they don’t feel pressured to wait for ‘what if my house goes up $30K next week’. Since I am a firm believer in realistic expectations, here is what I hope my seniors know if they have been thinking of selling and just aren’t sure if they should.

#1: Consider your reasons for selling. Just because the market has changed – does not mean your plans should! What were your reasons for thinking of selling? More available assets? Less home to manage? Closer proximity to loved ones? If none of those reasons have changed – your goals should not either.

#2: Look at your ROI today. For the vast majority of sellers, the market changes do not mean you will not make money by selling your home. In fact, the current market is more favorable to move-up buyers, downsizers and those whom are relocating in many ways. Market moderation often means you don’t have to worry about as many people competing for the home you want and the benefits of a more flexible timeline. While your home’s value may not be rising at the rate it was last quarter – it is still rising. According to the Case-Shiller National Home Price Index this fall, San Francisco is still among the 3 cities with the highest year-over-year price gains.

#3: Rates are holding recent lows. If you are worried that buyers for your home are getting priced out of the market – look for those windows of opportunity when rates appear to be holding. For example, homes on the market today are benefiting from buyers who can lock in at recent lows (which are still below 5% according to Mortgage News Daily!). If you wait 6-12 months, how many more Federal rate increases could there be? What could that do to the buyers who qualify to purchase your home today? If you can sell and get where you need and want to be… do not let rates stop you.

If you are currently in a long-term home and wonder if your window of opportunity has passed, contact me today for a home valuation and strategy session. We can talk about the timing and market and how we can make it all work for you

All my best,


Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
BRE 00607999
p. 650.346.5352

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

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