This is my favorite time of the year. My Family and I would like to invite you to celebrate the season with our 5th annual Toys for Tots event. Ilse and I are again Co-Hosting with Mark and Kristen with Napa Valley Financial.
Please come to Compadres on December 5, 2018 from 5:30-8pm. We look forward to seeing you there.
You can RSVP by replying to this email or clicking on the flyer.
***NEW LISTING OPEN HOUSE*** 19 Falcon Crest Cir. Napa, CA 94558 2 Bedrooms and 2 baths with approximately 1300 sqft List Price $199,000 Open House Sunday 11/11 from 12-2p
Well-maintained manufactured home in one of the most desirable 55+ communities, Oaktree Vineyard. The home features an extra-large expanded master bedroom & bath. The kitchen has been updated with laminate floors & skylights plus newly purchased gas range & dishwasher. A spacious living/dining area allow for formal entertaining. There is a family room off the kitchen with access to a covered patio for additional enjoyment. Biggest Bonus is attached garage for your convenience, storage and more.
Large Jump in Mortgage rates bring them to their highest level in 8 years.
Well it didn’t take long for the banks to react to the good economic news from last week.
Banks raise the mortgage rates in advance of anticipated actions by the Federal Reserve. All of the recent news has been that the Federal Reserve has been steadfast on their plan to raise rates in December.
The current market rate for mortgages is firmly in the 5% range today for a conventional fixed mortgage.
***NEW LISTING OPEN HOUSE*** 1243 Tall Grass Ct. Napa, CA 94558 4 bedrooms, 3.5 baths 4,362 sqft! with vineyard views. List Price $2,499,000 Open House Sunday 11/4 from 12-2p (Don’t forget to set your clocks back)
WOW. And I mean WOW. This stunning home is largest floor plan in the exclusive Hidden Hills neighborhood in the western hills of Napa Valley. The private location at the end of the cul-de-sac, provides breathtaking views can be seen from every room. The gourmet kitchen, luxurious master suite, formal dining with butler’s pantry, and custom 1000+ bottle wine cellar are a few of the many sophisticated features. The private resort like backyard includes an oversized spa, putting green, covered patio, bocce court and panoramic views.
Historic Jobs Report.
In today’s job report there were several things that point to the strong health of the economy.
#4. With those good economic signs the 10 year treasury yield increased to over 3.2% the highest level since 2011.
The expectation is for the Federal Reserve to raise the short term rate again in December to slow the rate of inflation and growth. With this news it is expected that mortgage rates will be roughly .25% higher in the next few weeks.
Yes on Prop 5 – Allows seniors to move where ever they want in California and take their tax base to make it more affordable. With this additional incentive for moving, more inventory will become available.
No on Prop 10 – It will not make housing more affordable. It will only create additional reasons for developers not to build in CA. Lack of supply is the single greatest reason for the cost of housing in our state.