Homes of the Napa Valley

Serving the North Bay community for over 20 years

707-257-6000
christinehannah@homesofthenapavalley.com
Christine Hannah, Broker /Owner Ca BRE # 01273087

7 Reasons to List Your Napa Home For Sale This Holiday Season

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7 Reasons to List Your House for Sale This Holiday Season | Simplifying The Market

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Here are seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is minimal competition for you as a seller right now. Inventory of homes for sale traditionally slows in the late fall, early winter. Let’s take a look at listing inventory as compared to the same time last year:

7 Reasons to List Your House for Sale This Holiday Season | Simplifying The Market

  1. The desire to own a home doesn’t stop when the holidays come. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching!
  2. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights which will lessen the demand for your house in 2019.

Bottom Line 

Waiting until after the holidays to sell your home probably doesn’t make sense. Christine Hannah, Real Estate Broker, 707.257.6000

American Canyon Home Sale Values Steadily Increase

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American Canyon home sales remained steady through the first eight months of 2018. A total of 94 home sales were reported to the local multiple listing service, Bay Area Real Estate Information Services. In the same period for last year, total sales were 99 homes.

The average sale price in 2018 was $538,589, an increase of 6.1 percent over the 2017 average sale price of $507,540. Homes sold quicker in 2018 with an average of 46 days on market, down nine days from the 2017 total of 55 days.

At the time of writing, there were 34 homes for sale in American Canyon. This is the most the city has seen in many months, and it shows how the market is changing as homes are taking longer to sell.

There have not been more than 30 homes in inventory in American Canyon since late 2011 when the market was at its lowest point.

Read on…

Historic Post Office in Napa has Future

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Downtown Post Office

The downtown Napa post office, closed after being damaged in the August 2014 earthquake, is to be developed as a hotel.

 

Watching other projects debut in downtown is encouraging, he said.

“It’s good to have some new traction on First Street,” such as at First Street Napa next to the Archer hotel.

“This project is going to help that retail too. It’s going to put a lot more heads in beds that then frequent First Street Napa and the overall downtown.”

Read on…

 

 

 

A Wonderful 80th Birthday Party for Ron Downs

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A Wonderful 80th Birthday Party for Ron Downs

by Christine Hannah

 

 

Tennis in Napa Loyd Fox

David Roust, team captain at the USTA.

On March 30, 2018, 2 dozen friends came to together to honor Ron Downs on his 80th birthday.  Ron is best known for his tireless efforts in support of the Tennis Club at Napa Valley College.  He and Dr. Rebecca Thompson, a local Clinical Psychologist, have taught tennis for decades at Napa Valley College.

I believe Ron is one of the luckiest gentleman I know.  Last year, he was involved in a car accident and came away with only a scratch.  And then this past Fall, Ron survived a natural disaster as well. Living on top of Mount Vedder was not an ideal place to be when the Napa/Sonoma fires broke out. Ron noticed embers floating over the ridge and within minutes, fires started on both sides of his home.  Ron escaped with only a few of his belongings and drove down Redwood Road as his house burnt to the ground. His friends from the tennis club were there to console him, help out with housing and, of course, provide tennis balls.

I met Ron Downs back in the early 90’s.  In 1995, with Ron’s coaching, I became the number one tennis player at Napa Valley College.  After studying business and tennis at Napa Valley College, I vividly remember that Dr. Thompson, Ron Downs, and Dr. Jerry Somerville had a huge impact on my life.  My performance on the tennis court and in Real Estate skyrocketed. Not only did I meet smart and interesting people on the tennis court, but also realized how much life and tennis had in common.  The Napa Valley Tennis Association provided a great opportunity for exercise, making new friends, and learning that timing has to do with everything… not just in the game, but also in life. With a great combination like that, and great coaching from caring people like Ron, I realized that one can advance to any level in life, business, or sports.

Thank you again Ron and Happy Birthday!  Not only are you one of the most unselfish and giving individuals in our community, but your friends are truly the lucky ones to have known you and called you Friend.

 

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Wonderful 80th Birthday Party for Ron Douw March 30,2018

 

We all came to together to honor Ron Douw’s birthday. He is a true legend.

 

He and Dr Rebecca Thompson, a local Clinical Psychologist are teaching tennis for decades at the Napa Valley College.

 

I think Ron is one of the luckiest Fellows  I know. Lat year he was involved in a car accident he came away with a scratch.This year he survived so many events in his life. He lived on top of Mount Vedder when this year’s fire broke out. He woke up in time and got himself in safety before all his belongings and house burnt down to the ground.

 

His friends from the tennis court were there to help with housing and tennis balls.lol

 

Christine Hannah, at the time (1995) Number 1 tennis player  at the Napa Valley College remembers. Dr Thompson, Ron Douws and Dr Jerry Sumerville had a huge impact on my life. After I studied business and tennis at the Napa Valley College my performance in  skyrocketed.

Not only did I meet important people on the tennis court, i realized how much life and tennis have in common. Additionally finding new friends, leaning the integrity of the game but also how much timing has to do with everything. Just  Golf, tennis is a mind game. If you are powerful, have integrity and focus, you can enhance into any level of life, business and sports.

 

Napa has come a long way as a business destination

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As a child the excitement in downtown Napa was to go to lunch counter at Woolworth’s and order a grilled (not boiled or fried) hot dog, really thin fries and “orange” drink that competed with McDonald’s orange drink – neither available in the 21st century. Downtown Napa has come a long way since 1975.

What were once “local” businesses in Napa’s Town Center, like Woolworth’s, Merrill’s Drugstore, McCaulou’s and Miller’s Outpost stores have been replaced with over 325,000 square feet of new construction, now featuring boutiques, wine bars and upscale restaurants by Zapolski Real Estate, which owns the property with Trademark Property Company (www.firststreetnapa.com).

 The Archer Hotel Napa, a five-story hotel hosts 183 guest rooms is now open. As reported here in years past, this project has endured major setbacks: the October 2017 wildfires in Napa, the August 2014 earthquake, and heavy rains last winter and spring that delayed construction.

Let this now be your guide to shopping in downtown. Read on…

 

Who said it’s not about the size in Napa? (video)

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Who says it’s not about the size of the home but the location in Napa? Babyboomers agree, the smaller your house the less honey-does. It’s much more fun to spend time on the golf course, tennis courts or with friends downtwon Napa. Instead of bugged down with expense and time on elaborate homes. Let me show you how downsizing can be fun.

St. Helena’s Las Alcobas Napa Valley hotel is for sale

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Las Alcobas Napa Valley, the 68-room hotel that opened in April 2017, is for sale.

CBRE Hotels, a real estate company specializing in hotels, lists Las Alcobas as an “exclusive, luxury acquisition opportunity in the heart of the Napa Valley.” The brochure doesn’t disclose an asking price.

The hotel is on Highway 29 just south of St. Helena’s elm tunnel. It includes chef Chris Cosentino’s Acacia House restaurant.

 

It offers rooms with terraces with views of the adjacent 200-acre Beringer vineyard. The property has 3,900 square feet of meeting space, a spa and swimming pool.

Aerial view

 

Las Alcobas Napa Valley, the 68-room hotel that opened in April 2017, is for sale.

CBRE Hotels, a real estate company specializing in hotels, lists Las Alcobas as an “exclusive, luxury acquisition opportunity in the heart of the Napa Valley.” Christine Hannah:”The brochure doesn’t disclose an asking price.”

The hotel is on Highway 29 just south of St. Helena’s elm tunnel. It includes chef Chris Cosentino’s Acacia House restaurant.

It offers rooms with terraces with views of the adjacent 200-acre Beringer vineyard. The property has 3,900 square feet of meeting space, a spa and swimming pool.

Read more…

Why do House Price go Up in Napa?

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Buyer Demand Still Outpacing the Supply of Homes for Sale | Simplifying The Market The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).

Buyer Demand

The map below was created after asking the question: “How would you rate buyer traffic in your area?” Buyer Demand Still Outpacing the Supply of Homes for Sale | Simplifying The Market The darker the blue, the stronger the demand for homes in that area. Only four states had a ‘stable’ demand level.

Seller Supply

The index also asked: “How would you rate seller traffic in your area?” As you can see from the map below, 25 states reported ‘weak’ seller traffic, 21 states reported ‘stable’ seller traffic, 3 states and Washington D.C. reported ‘strong’ seller traffic, and only 1 state reported ‘very strong’ seller traffic. This means there are far fewer homes on the market than what is needed to satisfy the buyers who are out looking for their dream homes. Buyer Demand Still Outpacing the Supply of Homes for Sale | Simplifying The Market

Bottom Line

Looking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet buyer demand, prices will continue to increase. If you are debating listing your home for sale, let’s get together to help you capitalize on the demand in the market now!

The Craziest House I Ever Seen

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Really cool house actually. New sub btw. Looks like something from one of my screwed up dreams or nightmares. I have an issue with the very narrow door ways and many small rooms, ewwww! Some things about this house really intrigued me though. Loved the stair case and railing, as well as the landings. Just extra little spaces, but open and I could think of uses for them. My mind was racing with ideas, but at the same time fighting with the claustrophobia I tend to deal with.