Selling Dana Estates

Homes for Sale in the Dana Estates Neighborhood of Concord

  • Home
  • About Dana Estates
    • Concord Naval Weapons Station
    • About Concord, CA
    • Dana Estates Garage Sale
  • Sellers
    • Free Home Value
    • Top 5 Reasons to Hire a Real Estate Professional When Buying or Selling!
    • Seller Articles
  • Buyers
    • Homes for Sale in Dana Estates
    • About the Dana Estates Neighborhood
    • Search for Homes
    • Top 5 Reasons to Hire a Real Estate Professional When Buying or Selling!
    • Recommended Lenders
  • About Peter
    • Listings
  • Blog
You are here: Home / Archives for Peter Maclennan

Dana Estates Posts by Peter Maclennan

Peter Maclennan is a real estate agent serving the Central Contra Costa market, including Concord, Pleasant Hill, Clayton, Walnut Creek, Martinez, Lafayette, Orinda, and Alamo. Peter writes about real estate and how it affects the Concord Neighborhood of Dana Estates.

2024 Dana Estates Neighborhood Garage Sale

August 2, 2024 by Peter Maclennan Leave a Comment

Discover Treasures at Our Huge Neighborhood Garage Sale!

Image with items from a garage sale with the text Dana Estates Garage Sale August 10th, 2024. Logo for Peter Maclennan Real Estate Broker and Dana Estates Neighborhood Alliance.

Are you a treasure hunter, bargain seeker, or just love exploring garage sales? Then mark your calendars for an extraordinary Concord neighborhood event August 10, 2024!

With over 40 homes participating, this massive garage sale promises an incredible variety of items for every interest.

The Garage sale takes place throughout the Dana Estates Neighborhood of Concord. Which is dissected by Landana Drive and bordered by Willow Pass Road to the North and Concord Blvd to the South. It includes the streets of Sattler, Lynwood, Mulberry, Boxwood, Juniper, and more to name a few.

Image showing a rough map of the Dana Estates Neighborhood in Concord CA. Bounded by Willow Pass Rd on the Northwest Edge and Concord Blvd to the Southeast.
Roughly the map of Dana Estates in Concord, CA.

What’s for Sale:

Here’s a sneak peek at what you can find:

Sports & Outdoor Gear

Whether you’re an avid golfer or a weekend gardener, there’s something here for you:

  • Golf clubs, carts, bags, shoes, and men’s golf shoes (size 12)
  • Bikes and a brand new bike rack
  • Patio set perfect for summer gatherings
  • Essential gardening tools including an air compressor, lawn vac, electric hedge trimmer, blower, weed walker, and pole chain saw

MAPS WILL BE EMAILED THE NIGHT BEFORE

Get a Digital Map

Map please…

Electronics & Appliances

Upgrade your home with high-quality electronics and appliances at unbeatable prices:

  • 2 TVs in perfect working condition
  • Keurig coffee machine in great condition
  • Modern appliances like an air fryer, washer and dryer, and even a Sani-Serv ice cream machine
  • Unique finds such as an Electric Feather Pirogue boat

Furniture & Home Decor

Transform your living space with our selection of furniture and decor:

  • Stylish pieces including nightstands, a recliner, and a white curio (78” tall, 30” wide)
  • A charming round mirror with elephants (40” round) and a small table with drawers
  • A real bentwood rocking chair, corner TV wood cabinet, and a three-piece entertainment center unit
  • Bedroom sets featuring a daybed frame, nightstand, dresser, shelves, and a corner desk unit
  • Unique mid-century modern vintage contour lounge chair and an antique coffee roaster
  • Special items like an early American vintage cane seat ladder back chair ($165) and a rustic pine XL sideboard ($600)
  • Practical items like a tile kitchen table and chair set, and a firewood rack with firewood (free)

Collectibles & Decor

For collectors and enthusiasts, we have an array of special items:

  • Disney & Coke collectibles, RC cars, and trucks
  • Crafting supplies like a mat cutter, scrapbooking, and stamp supplies
  • Elegant Fostoria glassware and Lenox China (8-pc. place setting)
  • Mid-century modern (MCM) chairs, tables, and lamps
  • Unique antique items including dolls, stamps, and crystals

Clothing & Accessories

Refresh your wardrobe with a wide range of clothing and accessories:

  • Business attire for men and women, plus casual and formal wear
  • Kids’ clothes, including pants, shirts, and jeans, and adult clothes for men and women, including jackets, pants, jeans, and shirts
  • Men’s clothing (L-XL) and designer shoes (size 11)
  • Fashionable jewelry, bags, and shoes
  • Clothing for all ages with something for everyone

Household Items & Kitchenware

Stock up on everyday essentials and unique kitchen items:

  • Seasonal decorations including plants and Xmas decorations
  • Elegant 8-pc. place setting (gold) and various kitchen wares
  • Practical items like an electric saw and a white Levolor blind (2” slats, approx. 38” x 79”)
  • A collection of cookbooks, some with autographs

Books & Entertainment

Dive into our extensive selection of entertainment options:

  • Books, games, and toys for kids
  • Video games, DVDs, and vinyl records
  • Free books to expand your library

Miscellaneous Treasures

You never know what you might find among our miscellaneous items:

  • Sports cards, watches, and squish mallows
  • Hutch and table, leather chair, and pots for plants
  • Frames, fire safes, and a car rooftop carrier
  • Early Mustang parts, Tempo fitness system, and various tools

Special Items for Sale

  • Vehicles: 1981 Honda CB650 and a 2002 Chevy Silverado
  • Unique Finds: Dahon Ciao folding bike ($75) and an unused Coleman tent
  • Free Items: Tile kitchen table and chair set, firewood rack and firewood, and an adult tricycle

MAPS WILL BE EMAILED THE NIGHT BEFORE

Get a Digital Map

Map please…

This is more than just a garage sale—it’s a community event filled with unique items and great deals! Whether you’re shopping for practical household items, looking for collectibles, or just want to browse, there’s something for everyone. Don’t miss out on this amazing opportunity. See you there!

Filed Under: Real Estate Market

Hike the Naval Weapons Station

January 4, 2024 by Peter Maclennan Leave a Comment

moon rising over the concord naval weapons station
Moon rising over the CNWS by Peter Maclennan

Hike the Concord Naval Weapons Station with Discover Diablo!

Calling East Bay nature enthusiasts! Mark your calendars for March 2nd, when Discover Diablo unlocks the gates to the enigmatic Concord Naval Weapons Station for a unique hike.

This moderate, 4-5 mile adventure winds through rolling hills and forgotten meadows, offering stunning panoramas and a unique chance to explore a rarely accessible past.

Open to all ages and fitness levels, this free hike is perfect for solo adventurers, families, and friend groups seeking a shared moment of discovery. Discover Diablo champions open space preservation, and this outing is no exception – it’s about appreciating history, connecting with nature, and forging lasting memories.

Here’s what awaits you:

  • Unprecedented access: Explore a landscape steeped in history and natural beauty, usually closed to the public.
  • Moderate challenge: Enjoy a well-maintained trail suitable for most fitness levels.
  • Community connection: Meet fellow adventurers and share the thrill of discovering this hidden gem.

Ready to conquer this unique adventure? Simply follow these steps:

  • Mark your calendar: The hike takes place on March 2nd.
  • Gear up: Wear sturdy shoes, bring water and snacks, and dress for the weather.
  • Register for free: Visit the Discover Diablo website to secure your spot.
  • Embrace the spirit: Come prepared for an invigorating blend of exercise, discovery, and community.

For further information or inquiries about upcoming Discover Diablo hikes, visit their website or social media pages.

Filed Under: Concord Naval Weapons Station, Dana Estates News

City of Concord Clean Up Day

October 4, 2023 by Peter Maclennan Leave a Comment

Concord Residents, do you have additional junk that needs to be disposed of? Missed dumpster day this year?

Good news from the City of Concord:

In partnership with Mt. Diablo Resource Recovery (MDRR) and the Toyota Pavilion at Concord, the City is holding its annual cleanup on the first Saturday in November, Nov. 4. The event will be held at the Pavilion and open to all Concord residents.

There will be one drop-off per household. New for this year will be mattress recycling. To avoid long wait times, Concord residents can pre-register and select a timeslot. Residents who do not pre- register will need to show proof of residency upon arrival. No Concord resident will be turned away. A notice to residents will be sent in the October bill insert and signups will open Monday, Oct. 16.

The Toyota Pavilion at Concord is an ideal location as it allows for quick and easy transport of full bins to the MDRR transfer station and delivery of empty bins at the Pavilion. The Pavilion also allows for clear entry/exit and sufficient space for heavy equipment and debris bins.

Per Councilmember Edi Birsan’s latest email

The only downside to this event is that you have to find a way to transport your trash across town to the Toyota Pavilion at Concord.

Seller Home Preparation

Decluttering and cleaning your home before selling it is one of the best things you can do to increase your chances of a quick and successful sale. Here are a few reasons why:

  • Buyers are more likely to make an offer on a home that is clean and clutter-free. A study by the National Association of Realtors found that 92% of buyers said that a home’s cleanliness was important to their decision-making process. ConsumerReports estimated that decluttered homes could be listed for an average of 3%-5% more than cluttered homes.
  • A clean and decluttered home is easier to stage. When buyers walk into a home that is clean and clutter-free, they can more easily imagine themselves living there. This is because staging is all about creating a space that is inviting and appealing to potential buyers. And it’s hard to do that when a home is full of stuff.
  • A clean and decluttered home is easier to show. When you have a lot of stuff in your home, it can be difficult to keep it clean and organized. This can make it difficult to show your home to potential buyers on short notice. And if your home is not clean and organized, buyers may be less likely to make an offer.

If you’re thinking about selling your home, here are a few tips for decluttering and cleaning:

  • Start by getting rid of anything you don’t use, need, or love. This may include old furniture, clothes, books, and other belongings. You can donate, sell, or trash these items.
  • Deep clean your home from top to bottom. This includes cleaning the floors, walls, ceilings, windows, and appliances. You may also want to hire a professional cleaning service to help you get your home in tip-top shape.
  • Stage your home to make it as appealing as possible to potential buyers. This may involve decluttering, rearranging furniture, and adding fresh flowers or plants.

One of the complimentary items we offer to our selling clients is a professional home cleaning service. They will come in to wash all surfaces and make the house sparkle.

If you are considering listing your home and need help on the decluttering or cleaning process, please call Peter Maclennan @ 925-385-8798.

Filed Under: Dana Estates News, Sellers Tagged With: Concord News, Concord Real Estate, Sellers

Concord Naval Weapons Station Update – September 20, 2023

September 20, 2023 by Peter Maclennan Leave a Comment

moon rising over the concord naval weapons station
Moon rising over the CNWS by Peter Maclennan

According to multiple media sources, the Concord City Council unanimously passed a resolution to an exclusive agreement to negotiate with the chosen master developer for the Concord Naval Weapons Station (CNWS) on Tuesday evening. Brookfield Properties was selected as the master developer.

From KTVU.com:

The Concord City Council has unanimously selected Brookfield Properties as master developer for the former Concord Naval Weapons Station project.

Concord enters exclusive negotiation to develop former naval weapons station – KTVU.com

Exclusive Agreement to Negotiate

According to Claycord.com –

The EAN allows for a 120-day initial negotiating period, to allow Brookfield to prepare and propose a term sheet to the city.
The agreement also specifies a 24-month period for the developer to complete a specific plan, environmental impact report, and a disposition and development agreement, all of which must be approved by the city.

Concord City Council Agrees To Exclusively Negotiate With New Naval Weapons Station Developer

This is the third time the City has attempted to strike an agreement with a master developer over the CNWS. The previous two agreements ended when the chosen developer and the City of Concord could not come to agreement on terms in a timely manner.

Selection of Third New Master Developer

Back in August, the City Council chose Brookfield as the master developer after Housing America Partners withdrew from consideration.

KPIX.com – Concord selects developer for former naval weapons station site – CBS San Francisco (cbsnews.com)

The selection was made just after a report was released by the Contra Costa Civil Grand Jury on the City Council’s handling of the CNWS. The report titled: Concord Naval Weapons Station Grand Jury Report A Promise Unfulfilled can be found online here.

The City and Local Reuse Authority response to the Grand Jury Report is available online as well.

Details of the Redevelopment of Concord Naval Weapons Station

The redevelopment of the Concord Naval Weapons Station (NWS Concord) is one of the largest and most ambitious redevelopment projects in the Bay Area. The 2,300-acre Inland Area of the former base is being transformed into a master-planned community with up to 13,000 homes, millions of square feet of commercial space, and hundreds of acres of parks and open space.

The redevelopment project is being led by Brookfield Properties, and it is expected to be completed over the next several decades.

The redevelopment of NWS Concord is expected to have a significant impact on the Concord community. The project is expected to create thousands of new jobs and generate millions of dollars in economic activity. It is also expected to help alleviate the region’s housing shortage and provide much-needed affordable housing options.

Here are some of the key benefits of the redevelopment of NWS Concord:

  • New housing: The project will create up to 13,000 new homes, including a significant amount of affordable housing.
  • Economic development: The project is expected to create thousands of new jobs and generate millions of dollars in economic activity.
  • Parks and open space: The project will include hundreds of acres of parks and open space, providing residents with places to recreate and enjoy the outdoors.
  • Improved transportation: The project will improve transportation infrastructure in the area, making it easier for residents to get around.
  • Sustainable development: The project is being developed with a focus on sustainability, and it will include features such as energy-efficient buildings and green spaces.

The redevelopment of NWS Concord is a major undertaking, but it has the potential to transform the Concord community and create a vibrant new neighborhood.


Having a knowledgeable and experienced real estate broker on your side helps protect your interests and ensure you make the best possible decisions. We are dedicated to keeping on top of the real estate market and keeping you informed of changes. You can rest easily knowing you made a well-informed decision based on experience and insight into the Concord California market.

To reach Peter Maclennan please call 925.385.8798 or email at peter@maclennaninvestments.com.

Filed Under: Concord Naval Weapons Station Tagged With: CNWS, Concord Naval Weapons Station, Concord News, Concord Real Estate

Dana Estates Real Estate Market Update Video

July 18, 2023 by Peter Maclennan Leave a Comment

Video Length 1:17

July Real Estate Market Update for Dana Estates

Did you know that Dana Estates’ real estate market is booming? In the last three months, homes in our neighborhood have been selling for 108% of their list price on average. That’s right – sellers are seeing an impressive 8% above their listing price!

But wait, there’s more. Our neighborhood has seen a wide range of list prices, from $650,000 to $828,000, with the average hovering around $739,000. And when it comes to sale prices, we’ve seen some jaw-dropping numbers. The highest sale price reached an incredible $890,000, with a sale to list price ratio of 110%. Even the lowest sale price came in at $725,000, which was 107% of its listing price.

So, what does all this mean? It means our market is thriving, and now is the perfect time to jump in. Whether you’re looking to buy or sell, Dana Estates is offering impressive sale prices, high sale to list price ratios, and competitive price per square foot rates.

Don’t miss out on this opportunity! If you’re thinking of buying or selling in Dana Estates, now is the time. Reach out to us for more information, real estate tips, or to schedule a viewing of a home on the market.

We’re here to help you make the most of this bustling market. Follow us for more updates and let’s seize this moment together. Happy house hunting!

Contact Peter

Filed Under: Real Estate Market Tagged With: Dana Estates, Dana Estates Real Estate

May 2023 Events in Concord California

May 5, 2023 by Peter Maclennan Leave a Comment

As we head into the month of May, Concord, California is abuzz with a variety of exciting events that you won’t want to miss! From outdoor festivals to live music performances, there is something for everyone to enjoy in this bustling city. Here are some of the top events happening in Concord this May:

  • Bay Area SpringFest 2023 is a free event celebrating spring with music, food, plants, art, kids’ activities, beer & wine in downtown Concord. This year will include a beer and wine garden.
  • Concord Farmers Market is a weekly farmers market that takes place every Saturday from 9am to 1pm at Todos Santos Plaza. There will be fresh produce, flowers, crafts, and more.
  • Geeks Who Drink Trivia is a weekly trivia night that takes place every Thursday at 6:30pm at Epidemic Ales. Teams of up to six people can compete for prizes.
  • Spring Tea in the Galindo Home is a traditional English tea service that takes place on Saturday, May 14th from 2pm to 4pm at the Galindo Home. Tickets are $25 per person.
  • Bike to Work Day – May 18th is the Bay Area’s annual Bike to Work Day. Enjoy meeting other cyclists and pick up free goodies at various Energizer Stations along your route.
  • Colors of Spring at Concord Historical Society is an exhibit that features artwork inspired by the beauty of spring. The exhibit runs from May 1st to May 31st at the Concord Historical Society.
  • Colors of Spring Art Show and Sales is an art show and sale that features the work of local artists. The show takes place on Saturday, May 14th from 10am to 4pm at the Concord Community Center.
  • Matchbox Twenty Concert is May 21st at the Concord Pavillion. For all of us who came of age in the late 90’s and early 2000’s a night of nostalgia is in store.
  • Bay Area KidFest is a three-day festival for families on Saturday, May 27th, Sunday, May 28th, and Memorial Day, May 29th at Todos Santos Plaza. There will be rides, games, food, music, and entertainment for kids of all ages.

These are just a few of the many events happening in Concord in May 2023. To see additional events you can go to www.VisitConcord.com/events.

Here for your Concord real estate needs!

Peter

Having a knowledgeable and experienced real estate broker on your side helps protect your interests and ensure you make the best possible decisions. We are dedicated to keeping on top of the real estate market and keeping you informed of changes. You can rest easily knowing you made a well-informed decision based on experience and insight into the Concord California market.

To reach Peter Maclennan please call 925.385.8798 or email at peter@maclennaninvestments.com.

Filed Under: Real Estate Market

Regional Park on CNWS Receives Funding

November 17, 2022 by Peter Maclennan Leave a Comment

The Martinez Tribune is reporting that the East Bay Regional Park District is receiving $3 million in state appropriations to begin construction of a staging area for the new Thurgood Marshall Regional Park on the former Concord Naval Weapons Station (CNWS).

“The new staging area, along with a planned visitor center, will help connect the public with the park’s important human history and the natural history and outdoor recreational opportunities of the land,” added Lane. “Establishing public access to Thurgood Marshall Regional Park is a major priority for the Park District.”

Martinez Tribune

The Park’s Name Origin

The Thurgood Marshall Regional Park was named in honor of NAACP civil rights attorney and former U.S. Supreme Court Justice, Thurgood Marshall. Marshall helped to defend the 50 black sailors accused of mutiny after the Port Chicago Naval Magazine blast in July of 1944.

The Park

The park will encompass over 2,687 acres of land on the former CNWS. It will stretch along the hills from Willow Pass Road, south past Bailey Road.

Map of Thurgood Marshall Regional Park
Thurgood Marshall Regional Park from (www.ebparks.org)

Filed Under: Concord Naval Weapons Station, Dana Estates News Tagged With: CNWS, Concord Naval Weapons Station, Concord News

Homeowners Out-Earned Job Holders in 2021

April 1, 2022 by Peter Maclennan Leave a Comment

Home appreciation outpaced income in much of the US.

One of the sharpest and best reads around is from Jay Voorhees @ JVM Lending. Earlier this week he wrote this:

Owning A House Was More Profitable Than Having A Job Last Year

A few weeks ago, I blogged about the reluctance of sellers to list their properties in the face of so much uncertainty.

But – there is another reason sellers are hanging on to their homes according to various macro pundits.

And that reason is massive appreciation.

According to this Motley Fool column, homeowners made more from appreciation last year on average than the average U.S. worker made from his job.

https://www.jvmlending.com/blog/why-higher-rates-could-save-the-housing-market/

According to the Motley Fool post, the average home appreciated by $52,667 in 2021. Meanwhile the average salary in 2021 was $50,000.

Here in Concord, California the average price from December of 2020 to 2021 increased from $754,553 to $884,716 according to the Contra Costa Association of Realtors®. That increase of 17.3% amounts to a $130,000 growth in net worth. This is above the median household income of $92,706 from the U.S. Census Bureau.

This is one of the reasons that owning your own high quality real estate (like a home in Dana Estates) is one of the best investments you can make.

If you are curious about the value of your home, you can use this link to get your home value.

Peter Maclennan
Real Estate Broker | Maclennan Investment Group, Inc.
DRE #01801793
925-385-8798

Filed Under: Buyers, Real Estate Market, Sellers Tagged With: Buyers, Concord Real Estate, Dana Estates, Dana Estates Real Estate, Homes For Sale Concord, Real Estate News

There Won’t Be a Wave of Foreclosures in the Housing Market

January 7, 2022 by Peter Maclennan Leave a Comment

There Won’t Be a Wave of Foreclosures in the Housing Market | MyKCM

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago.

Here’s a look at why that isn’t the case.

1. There Are Fewer Homeowners in Trouble This Time

After the last housing crash, over nine million households lost their homes to a foreclosure, short sale, or because they gave it back to the bank. Many believed millions of homeowners would face the same fate again this time.

However, today’s data shows that most homeowners exited their forbearance plan either fully caught up on payments or with a plan from the bank that restructured their loan in a way that allowed them to start making payments again. The latest data from the Mortgage Bankers Association (MBA) studies how people exited the forbearance program from June 2020 to November 2021.

Here are those findings:

38.6% left the program paid in full
  • 19.9% made their monthly payments during the forbearance period
  • 11.8% made up all past-due payments
  • 6.9% paid off the loan in full
44% negotiated work-out repayment plans
  • 29.1% received a loan deferral
  • 14.1% received a loan modification
  • 0.8% arranged a different repayment plan
0.6% sold as a short sale or did a deed-in-lieu
16.8% left the program still in trouble and without a loss mitigation plan in place

2. Those Left in the Program Can Still Negotiate a Repayment Plan

As of last Friday, the total number of mortgages still in forbearance stood at 890,000. Those who remain in forbearance still have the chance to work out a suitable plan with the servicing company that represents their lender. And the servicing companies are under pressure to do just that by both federal and state agencies.

Rick Sharga, Executive Vice President at RealtyTrac, says in a recent tweet:

“The [Consumer Financial Protection Bureau] and state [Attorneys General] look like they’re adopting a ‘zero tolerance’ approach to mortgage servicing enforcement. Likely that this will limit #foreclosure activity for a good part of 2022, while servicers explore all possible loss [mitigation] options.”

For more information, read the warning issued by the Attorney General of New York State.

3. Most Homeowners Have More Than Enough Equity To Sell Their Homes

For those who can’t negotiate a solution and the 16.8% who left the forbearance program without a work-out, many will have enough equity to sell their homes and leave the closing with cash instead of facing foreclosures.

Due to rapidly rising home prices over the last two years, the average homeowner has gained record amounts of equity in their home. As Frank Martell, President & CEO of CoreLogic, explains:

“Not only have equity gains helped homeowners more seamlessly transition out of forbearance and avoid a distressed sale, but they’ve also enabled many to continue building their wealth.”

4. There Have Been Far Fewer Foreclosures Over the Last Two Years

One of the seldom-reported benefits of the forbearance program was that it allowed households experiencing financial difficulties prior to the pandemic to enter the program. It gave those homeowners an extra two years to get their finances in order and work out a plan with their lender. That prevented over 400,000 foreclosures that normally would have come to the market had the new forbearance program not been available. Otherwise, the real estate market would have had to absorb those foreclosures. Here’s a graph depicting this data:

There Won’t Be a Wave of Foreclosures in the Housing Market | MyKCM

5. The Current Market Can Easily Absorb Over a Million New Listings

When foreclosures hit the market in 2008, they added to the oversupply of houses that were already for sale. That resulted in over a nine-month supply of listings, and anything over a six-month supply can cause prices to depreciate.

It’s exactly the opposite today. The latest Existing Home Sales Report from the National Association of Realtors (NAR) reveals:

“Total housing inventory at the end of November amounted to 1.11 million units, down 9.8% from October and down 13.3% from one year ago (1.28 million). Unsold inventory sits at a 2.1-month supply at the current sales pace, a decline from both the prior month and from one year ago.”

A balanced market would have approximately a six-month supply of inventory. At 2.1 months, the market is severely understocked. Even if one million homes enter the market, there still won’t be enough inventory to meet the current demand.

Bottom Line

The end of the forbearance plan will not cause any upheaval in the housing market. Sharga puts it best:

“The fact that foreclosure starts declined despite hundreds of thousands of borrowers exiting the CARES Act mortgage forbearance program over the last few months is very encouraging. It suggests that the ‘forbearance equals foreclosure’ narrative was incorrect. . . .”

Originally published by Peter Maclennan at MyKCM

Filed Under: Buyers, Real Estate Market

Why Now Is a Great Time To Sell Your Dana Estates House

November 29, 2021 by Peter Maclennan Leave a Comment

Why Now Is a Great Time To Sell Your House | MyKCM

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles.

In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more homes are about to hit the market, which will lead to more choices for buyers too.

According to George Ratiu, Manager of Economic Research at realtor.com:

“The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. Recent survey data suggests the majority of prospective sellers are actively preparing to enter the market this winter.“

If you’re thinking of waiting until the spring to sell your house, know that your neighbors may be one step ahead of you by selling this winter. If you want to stand out from the crowd, this holiday season is the best time to make sure your house is available for buyers. Here’s why.

Sellers Are Still Firmly in the Driver’s Seat

Why Now Is a Great Time To Sell Your House | MyKCM

Historically, a 6-month supply of homes for sale is needed for a normal or neutral market. That level ensures there are enough homes available for active buyers (see graph below):The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows the inventory of houses for sale sits at a 2.4-month supply. This is well below a neutral market.

What Does That Mean for You?

When the supply of homes for sale is as low as it is today, it’s much harder for buyers to find homes to purchase. This drives up competition among buyers, who then submit increasingly competitive offers to win out against others in the home search process. As this happens, prices rise and your leverage as a seller rises too, putting you in the best position to negotiate a contract that meets your ideal terms.

And while the low housing supply we’re facing won’t be solved overnight, sellers this season should move quickly to maximize their potential. As the data shows, with more prospective sellers planning to list their homes this winter, selling sooner rather than later helps your house rise to the top of a holiday buyer’s wish list so you can close the best possible deal.

Bottom Line

Listing your home over the next few weeks gives you the best chance to be in front of buyers competing for homes this holiday season. Let’s connect today to discuss how you can benefit from today’s sellers’ market.

Source… KCM Peter Maclennan Blog

To reach Peter Maclennan please call 925.385.8798 or email at peter@maclennaninvestments.com.

[Read more…]

Filed Under: Real Estate Market, Sellers Tagged With: Concord Real Estate, Dana Estates, Dana Estates Real Estate, Homes For Sale Concord, Sellers

  • 1
  • 2
  • 3
  • …
  • 13
  • Next Page »

Get Your Home’s Value

Search for Homes

Follow Us on Facebook

Follow Us on Facebook

Recent Blog Articles

  • 2024 Dana Estates Neighborhood Garage Sale
  • Hike the Naval Weapons Station
  • City of Concord Clean Up Day
  • Concord Naval Weapons Station Update – September 20, 2023
  • Dana Estates Real Estate Market Update Video

Get a Market Update

Meet Peter

I moved to Dana Estates with my family in 2012. We love the neighborhood. We love that it is relatively quiet, the neighbors are friendly, and the trees that line the street.
If we aren't hanging out at Starbucks or buying a pizza from P-za Pie, you will find us cruising the sidewalks near Lynwood and Beechwood Dr. Feel free to stop me and say hello.

RSS Mortgage News Daily Updates

  • Why Did Rates Completely Ignore This Week's Bad News?
  • Mortgage Rates Started Flat, But Moved Lower During The Day
  • Minimal Damage For Mortgage Rates Following Fed
  • Another Good Day For Rates, But Tomorrow is Anyone's Guess

About this Agent

Peter is a real estate broker serving Central Contra Costa County. He and his family live in the Dana Estates Neighborhood. More…

Social

  • Facebook
  • X
  • YouTube
  • Instagram
  • LinkedIn

Copyright © 2025 · SellingDanaEstates.com

Privacy Policy
Disclaimer: Information on this site is deemed reliable, but is not verified nor is it guaranteed. Peter Maclennan is a licensed real estate broker in the State of California serving the Dana Estates neighborhood in Concord through Maclennan Investment Group, Inc.. CA DRE # 01801793