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Lucille Evans, Real Estate Broker
350 Montgomery Street
San Ramon, CA 94583
Phone: 925-570-5181
Email: Info@SanRamonValley.com

Calif. R.E. Lic. #: 01263058

Lucille Evans on LinkedIn  Lucille Evans on Google+

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Welcome to the premier resource for all real estate information and services in the San Ramon Valley and surrounding area. I hope you enjoy your visit and explore everything my realty website has to offer, including San Ramon Valley real estate listings, information for homebuyers and sellers, and more about your professional San Ramon Valley Realtor.

About Lucille Evans

 

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Lucille Evans is in the news.

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Latest Realty News from NAR

Which Metro Areas Have Rising Prices and Faster Selling Time as of June 2018?

Home prices continue to increase although the pace of price appreciation has slowed. As of June 2018, the national median sales price of existing homes sold rose to a peak of $276,900, the highest level since 20001 when NAR started tracking this data. However, the pace of appreciation has been slowing. In June 2018, the national median sales price rose 5.2 percent on a year-on-year basis (2.2 percent on an inflation-adjusted basis), a slower rate of growth compared to the price appreciation of near or above 10 percent in 2013.

 

The question is: will home prices continue to increase? One way to think about this is to compare the price appreciation with days on market. If properties continue to sell at a faster pace, this means that demand continues to outpace supply, and there continues to be an upward pressure on prices. However, if properties are increasingly staying on the market longer, then this means that supply is starting to outpace demand, causing prices to fall. As of June 2018, the median list price increased compared to one year ago in 419 metro areas tracked by Realtor.com (414 in June 2017). Meanwhile, properties sold faster compared to one year ago in 495 metro areas (395 in June 2017).

The data visualization below shows the year-on-year change in median list price (Y-axis) against the year-on-year change in days on market (X-axis). Most metro areas lie on the upper left quadrant where the median list prices rose and the median days on market fell in June 2018 compared to one year ago. There are only three metro areas where days on market rose and median list prices fell: Johnston, PA; Enid, OK, and Minot, ND.

In the high price metro areas, the median list prices rose compared to one year ago, but they have slightly declined compared to May 2018 levels. In San Jose-Sunnyvale, the median list price rose compared to one year ago (14.7 percent), but the median list price decreased compared to the May 2018 level (-3 percent). In San Francisco-Oakland-Hayward, CA, median prices rose compared to one year ago (8.7 percent) but also slightly declined from the May 2018 level (-0.4 percent). In Los Angeles-Long Beach-Anaheim, CA, the median list price also rose compared to one year ago (5.2 percent) but declined compared to the May 2018 level (-0.5 percent).

In summary, in many areas, demand is still outpacing supply, so there is still upward pressure on prices for now in many metro areas, although prices have started to trend downwards modestly in high-price metro areas (e.g., San Jose, San Francisco, Los Angeles). Affordability challenges, rising interest rates, and the modest increase in housing starts are likely exerting a downward pressure on prices. However, over the longer-term, there is still the upward demographic demand pressure from those in the 35-44 age groups (mostly millennials) who will increasingly get older, get married, have better incomes, and start forming households and buying homes. The U.S. Census Bureau projects the number of 35-44 year-old adults to increase from 41.3 million in 2018 to 47.2 million in 2028.

MedianPrices_DOM_DB4

A Dive into 2018 Member Demographics

This blog was written by NAR Research’s intern, Bronwen Leibe.

Hi again, it’s me, the research intern! Let’s take a closer look at this year’s member profile!

In the 2018 NAR Member Profile, females still make up 63 percent of all REALTORS®. This remains notably constant throughout years of experience (girl power!). Females dominate the profession, except in function breakdown; they make up a smaller percentage of broker-owners, managers with selling, and appraisers.

The median age of REALTORS® for 2018 is 54 years old. Although, there has been a slight increase in younger REALTORS® (30 years old and younger) to 5 percent.  The consistent largest age group, those 65 years and older, has increased from 17 percent to 20 percent of all REALTORS®. As a large population embarks on retirement, there will be the need for other generations to enter into the industry.

Interestingly, REALTORS® aged 45 to 54 are a larger portion with 2 or less years of experience than REALTORS® aged 30 years old and younger. Are people coming from other occupations? Well, only five percent of REALTORS® reported real estate was their first career. With 95 percent coming from another occupation, were their previous jobs helpful to a transition in real estate? Thirty-two percent of REALTORS® had a previous career in management, business, finance or sales/retail. To me, those industries’ skills are reasonably applicable to real estate.

Conjointly, education at all levels is a valuable asset for an occupation. Thirty percent of REALTORS® have had some college education, 13 percent have their Associate’s Degree. A third of real estate agents have Bachelor Degrees, while 13 percent have a graduate degree. Nonetheless, investment in your occupation is just as noteworthy as investment in your education. Seventy-two percent of REALTORS® said that real estate was their only occupation— showing that agents heavily invest their time into the industry. In fact, a considerable majority of 52 percent work 40 or more hours per week.  On top of working in real estate, two-thirds of NAR members volunteer in their communities! Already, REALTORS® play a big role in community building and it is admirable that NAR members are contributing outside of their occupation.

 

Second Quarter Single Family Metro Market Prices

The National Association of REALTORS® quarterly home prices increased again this quarter. Prices continue to drift up this quarter with 90% of the markets showing home price appreciation. We can also look at the top metro areas whose price grew the fastest. Housing affordability is down and for first time buyers qualifying incomes are rising along with the down payment on a new home. Knowing the mortgage rates and the qualifying incomes will help potential homeowners figure out what metro areas are affordable for them. Here is a look at the metro areas with the strongest price growth of the second quarter 2018, as well as a look at the yearly change in median existing single-family home prices for the top five highest and lowest growth metro areas of the second quarter 2018.

These are the top five single-family metro areas with the highest home price appreciation:

These are the bottom five single-family metro areas that had a decline in home price appreciation:

These are the most expensive metro areas for the second quarter 2018:

These are the least expensive metro areas for the second quarter 2018:

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Testimonials Page

We want to take the time to let you know how much we appreciated the hard work that Lucille Evans did for us in the recent sale of our home in San Ramon. It was a hard decision for us to put the house on the market and move away from the area and the friends we knew for over 20 years. Lucille was very sensitive to our feelings but at the same time she was very professional in every situation that presented itself in the course of selling our home. She went the extra mile even to the point of doing some of the leg work that rightfully should have been done by the realtor working for the buyers of our property. We are very thankful to have had Lucille working on our behalf and helping us to do the things that needed to take place to make the sale go as smoothly as possible. We would not hesitate one second in calling on Lucille again for ourselves or recommending her to our friends who need the help of such a competent real estate agent, who would undoubtedly become their friend in the process. We are confident that Lucille Evans will continue to display a smile and her integrity will be evident as she continues to work hard for her clients as an agent with your organization. Ken and Linda Santoro
I have been an Escrow Coordinator for RE/MAX Accord and other Real Estate Companies for many years. Because of this, I have had the privilege of working with Lucille Evans. One of the reasons I enjoy working with Lucille is because she remains ethical and moral throughout the transaction. I have also seen Lucille close very challenging escrows that would have fallen out of escrow with other agents. Not only does Lucille close the challenging escrows, she closes them with all parties feeling that it was a win/win situation. Getting a property in escrow and closing it on time can be very challenging. However, Lucille continually closes her escrows despite challenges. Therefore, I highly recommend Lucille to anyone interested in selling their home. Judy Sylvester, Escrow Coordinator
Lucille Evans, Broker/Consultant – RE/MAX Accord, acted as our Realtor as we offered our home for sale. At all times Lucille worked for us and established a level of confidence that we have not experienced in other home sales. She took every opportunity to act in our interest and did so to our entire satisfaction. She worked tirelessly in our behalf. She held a series of open houses that brought many people to view our home. She advertised our property effectively. She attracted a qualified buyer and negotiated successfully on our behalf. She is a most effective Realtor and we wholeheartedly commend her to any who may read this reference. When, at essentially the last minute, we were faced with a totally unanticipated medical problem and were forced to withdraw she acted with compassion and professionalism of the first order. Her actions in our time of need clearly show her willingness and ability to work on behalf of her clients. Often in business one is left with the impression of a cold, profit motivated, salesperson. Nothing could be further from the case with Lucille Evans. At all times we knew we had a professional working on our behalf and caring for our needs. We recommend Lucille Evans, without any reservation what-so-ever, to whoever she may share this reference with. Gordon and Yvonne Kimber
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