Homebuying Stress vs. Dating: What Recent Buyers Really Think

Buying a home or dating – which one’s more stressful? The answer might surprise you. According to a recent survey commissioned by Redfin, nearly 59% of recent U.S. homebuyers believe that purchasing a house is more anxiety-inducing than navigating the world of dating. Let’s delve into the findings of this intriguing survey and understand the factors that contribute to this perception.

Homebuying: More Stressful Than Dating?

In a world where first dates, swipes, and romantic encounters can leave your heart racing, it’s fascinating to note that a significant majority of recent homebuyers find the process of buying a house even more stressful. What’s even more intriguing is that this perception varies across generations.

Generational Perspectives

Millennials and Gen Xers, often associated with digital dating woes and relationship complexities, surprisingly top the charts in perceiving homebuying as more stressful. These younger generations, who have grown up in a digital age, seem to find solace in navigating the intricacies of modern romance.

On the flip side, Baby Boomers, with their wealth of experience in both life and real estate, are more likely to think that dating is the more taxing endeavor. This perspective shift might be due to the wisdom that comes with age, where dating hurdles are better understood and anticipated.

Divorce and Finding a Job: The Real Stressors

While buying a home may be stressful, it’s reassuring to know that there are life events even more anxiety-inducing for respondents. Divorce and finding a new job ranked as the top two stressors, with 57% and 56% of respondents respectively deeming them more stressful than homebuying.

Race and Perception

The survey also uncovered interesting differences in perception based on race. White respondents were more likely to consider buying a home more stressful than getting into college, while Black respondents held the opposite view. These differences could be attributed to financial barriers, discrimination experiences, and personal backgrounds.

In conclusion, while the journey to homeownership may be a daunting one for many, it’s comforting to know that you’re not alone in finding it stressful. Your perceptions may vary depending on your generation, experiences, and background. Regardless, remember that finding the right home and the right partner both require patience, persistence, and the right support system. So, whether you’re swiping right or house hunting, you’re not alone in navigating life’s adventures.

https://www.redfin.com/news/homebuying-more-stressful-than-dating-survey/#:~:text=59%25%20of%20Recent%20Homebuyers%20Say%20Process%20Is%20More%20Stressful%20Than%20Dating

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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New listing- Hilltop Estate

Welcome to 2531 Heide Ct, El Sobrante, CA 94803

Hilltop Estate—an exceptional contemporary retreat with 4 bedrooms, 4 bathrooms, and an open floor plan, all nestled on 1.61 acres of pristine natural beauty.

Inside, you’ll find a captivating living room with a cozy wood-burning fireplace, an inviting kitchen featuring top-notch appliances, a family room with a stylish wet bar, and a gracious formal dining room. The ground floor also offers an office, a convenient powder room, a full bath, and a versatile guest wing.

Upstairs, four spacious bedrooms await, including a luxurious principal suite with a soothing jacuzzi tub. Ample storage, a 2-car garage, and a charming enclosed patio complete the picture.

Beyond the serene woodland setting, this property offers the convenience of being within walking distance to the Kennedy Grove area. For shopping enthusiasts, Hilltop Mall is just around the corner, making it easy to indulge in retail therapy. Additionally, you’ll enjoy swift access to major freeways, including Highway 1-80 and Highway 24, ensuring a hassle-free commute.

But that’s not all—this home also features an ADU (Accessory Dwelling Unit) 

More photos: https://show.tours/2531heidect?b=0

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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New Listing- Charming craftsman style single story home located in Crockett- the Bay Area’s Hidden Gem! 

2 Bed 1 Bath plus Office with plenty of natural light and views. Separate In-law unit with private entrance, deck, and garden patio area.  Home features charming built-ins, original hardwood floors, Wedgewood stove and updated kitchen with granite counter tops and tons of storage.  Beautiful panoramic views of the hills and peeks at the Carquinez Straights, mature fruit trees, brick garden boxes, large workshop area and garage with potential to expand living space.  Short walking distance to town, parks, trails, swimming, tennis and a short drive to Bart, Oakland, San Francisco, or Sacramento.  The home you have been waiting for!

Come experience the unique small community of Crockett near the bay and all it has to offer in art, restaurants, regional parks, hiking and biking trails, Sugar Town Festivals and Community Center that includes a pool, bocce ball, tennis courts, playground and so much more not to mention a brand-new middle school, and newly remodeled high school with a new football field.

More pictures here: https://listings.allaccessphoto.com/sites/ykpwglq/unbranded

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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How Do Realtors Get Paid? Understanding Real Estate Commissions

If you’ve ever bought or sold a home, you might have wondered how real estate agents get paid for their services. Real estate transactions involve multiple parties, and understanding how realtors are compensated is essential for both buyers and sellers. We’ll delve into the world of real estate commissions and break down the process of how realtors earn their pay.

The Two Key Players: Listing Agent and Buyer’s Agent

In any real estate transaction, there are typically two main agents involved:

1. Listing Agent: This agent represents the seller of the property. Their primary responsibility is to help the seller market and sell their home for the best possible price and terms.

2. Buyer’s Agent: On the other side of the deal, the buyer’s agent represents the buyer. They assist buyers in finding suitable properties, negotiating offers, and guiding them through the purchase process.

Who Pays the Commissions?

In most real estate transactions, the commissions for both the listing agent and the buyer’s agent are paid by the seller. The seller agrees to pay a certain amount to both agents as part of their listing agreement. This payment is typically calculated as a percentage of the final sales price. However, it’s worth noting that fixed-rate and flat-fee commissions have also become more common in recent years, providing alternative compensation structures for realtors.

The Co-op Agreement

Once the listing agent has secured the listing, they will advertise the buyer’s agent’s commission in the Multiple Listing Service (MLS). The MLS listing serves as a formal agreement between the seller’s agent and the buyer’s agent. This arrangement is commonly referred to as a “co-op” or cooperation agreement.

Getting Paid: The Closing Process

The crucial point to understand is that neither the listing agent nor the buyer’s agent receives their commission until the home sale is successfully finalized at the closing table. The closing process involves various steps, including inspections, appraisals, financing approvals, and legal documentation.

When all the necessary conditions are met, and the sale is completed, the commission is distributed between the listing agent and the buyer’s agent. This distribution is typically based on the terms outlined in the co-op agreement and the original listing agreement.

Visual Breakdown

To give you a better idea of how money flows through a real estate transaction, let’s use an example: a home with a sales price of $500,000 and a commission percentage of 6%. Keep in mind that these numbers are for reference purposes only and can vary based on location and individual agreements.

  • Sales Price: $500,000
  • Commission Percentage (6%): $30,000
  • Listing Agent’s Share (e.g., 3%): $15,000
  • Buyer’s Agent’s Share (e.g., 3%): $15,000

In this example, the total commission of $30,000 is split evenly between the listing agent and the buyer’s agent. These funds are disbursed at the closing, ensuring that both agents are compensated for their efforts throughout the transaction.

Understanding how real estate agents get paid is essential for anyone involved in buying or selling property. By grasping the role of commissions and how they are distributed, you can make informed decisions and work effectively with your chosen real estate professionals during your next real estate transaction.

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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Living on a Golf Course: Teeing Up the Pros and Cons

If you’re an avid golfer or simply love the serene beauty of lush green landscapes, the idea of living on a golf course might have crossed your mind. While it offers numerous perks, it also comes with some considerations. Let’s tee up the pros and cons of this unique living experience.

The Pros:

  1. Scenic Views: Imagine waking up to picturesque views of manicured fairways and greens right outside your window.
  2. Access to Golf: Living on a golf course often means easy access to your favorite sport. Just grab your clubs and walk to the tee.
  3. Community: Golf course communities often have a tight-knit, friendly atmosphere, making it easy to socialize.
  4. Privacy: The wide-open spaces between homes can offer a sense of privacy that’s hard to find in traditional neighborhoods.
  5. Property Value: Homes on golf courses tend to hold their value well and may even appreciate over time.

The Cons:

  1. Errant Golf Balls: Living near the fairway might mean an occasional golf ball in your yard or even hitting your house.
  2. Maintenance Costs: Some golf communities have mandatory membership fees or assessments for golf course upkeep.
  3. Noise: Golf courses can be noisy, especially on weekends, with golfers and maintenance equipment.
  4. Pesticides and Chemicals: Golf courses often use chemicals for maintenance, which can raise environmental concerns.
  5. Resale Challenges: While property values can rise, selling your home might be a bit trickier due to the limited market of golf enthusiasts.

In the end, living on a golf course is a lifestyle choice. If golf is your passion and you love the idea of a vibrant community with beautiful views, it might be the perfect fit. However, if you’re not a golfer and value peace and quiet, it might not be your cup of tee. Weighing the pros and cons will help you make an informed decision and ensure your new home is a hole-in-one for your lifestyle. ⛳🏡

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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Resilience and Shifting Trends: A Look at June’s Residential Construction Spending

Often reflecting the ebb and flow of economic trends and societal needs June brought a notable shift in residential construction activity, with spending witnessing a nearly 1% upswing compared to May. This surge, albeit against the backdrop of reduced spending from the previous year, indicates the industry’s adaptability and resilience.

Tracking the Numbers

June’s data on residential construction spending paints an intriguing picture. Despite facing a year-over-year decline, the month witnessed a promising increase in activity. The rise of nearly 1% over May indicates a renewed momentum within the sector. Delving deeper into the specifics, a significant highlight emerges: the surge in single-family home construction, which surged by over 2% during the month.

The Shift Towards Single-Family Homes

The increase in single-family home construction during June underlines a shifting trend in the housing market. As individuals seek spaces that cater to their evolving needs, the focus on single-family homes showcases a response to changing lifestyle preferences. This shift signifies the industry’s agility in addressing the demands of modern homeowners.

Resilience in the Face of Challenges

While the year-on-year figures still reflect a decline, the upturn in spending indicates the resilience of the construction industry. The ability to adapt and recalibrate strategies to align with market demands showcases the sector’s determination to remain robust even in challenging times. As the world navigates uncertainties, the construction industry’s capacity to evolve and grow is a beacon of hope.

Looking Forward

June’s uptick in residential construction spending and the emphasis on single-family home projects offer insights into the industry’s trajectory. It’s a testament to the builders’ dedication to fulfilling the changing needs of the community. As we move forward, this adaptability will likely continue to shape the construction landscape, with an increasing emphasis on innovation, sustainability, and personalized spaces.

June’s residential construction spending data tells a compelling tale of adaptability, resilience, and a shifting market landscape. While the figures might indicate a year-over-year decline, the month’s increase underscores the sector’s ability to respond to changing trends. The focus on single-family homes adds a layer of insight into evolving homeowner preferences. As the construction industry navigates challenges and embraces opportunities, its ability to transform and adapt remains its most valuable asset.

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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Finding Your Perfect Listing Agent: Key Questions to Ask

Selling a home is a significant decision that demands careful consideration and the support of a knowledgeable real estate agent. Choosing the right listing agent can make a world of difference in the selling process, impacting your overall experience and the final sales outcome. To ensure you find the perfect match, take the time to interview prospective agents and ask them essential questions. Let’s look at the key questions to ask when selecting your ideal listing agent, guiding you toward a successful home-selling journey.

  1. Assess Their Experience:

Start by inquiring about the agent’s experience and track record in selling homes within your area. Ask how many properties they have sold and the average time it took to close deals. A seasoned agent with a strong local presence is more likely to understand the market dynamics and attract potential buyers effectively.

  1. Review Their Specialization:

Determine the price range in which the agent typically works. Ensure their expertise aligns with the value of your property. An agent experienced in selling homes within your price range can offer valuable insights and strategies tailored to your specific market segment.

  1. Seek Home Improvement Advice:

A reliable listing agent should be willing to offer advice on enhancing your home’s condition to maximize its sales price. Inquire about any necessary repairs or improvements that can make your property more appealing to potential buyers.

  1. Understand Their Marketing Plan:

An effective marketing plan is crucial for attracting a broad audience of potential buyers. Ask the agent to outline their marketing strategy, including online and offline tactics they plan to use to promote your home.

  1. Request Recommendations:

A reputable agent should have a network of reliable contacts, including contractors, photographers, and moving companies. Request their recommendations for professionals who can assist you throughout the selling process.

  1. Verify Their Professional Affiliation:

Ensure the agent is a member of the National Association of Realtors® (NAR). Realtors abide by a strict code of ethics, demonstrating their commitment to maintaining the highest standards of professionalism and integrity.

  1. Clarify Availability:

Discuss whether real estate is their full-time profession or if they work part-time. While part-time agents can still offer excellent service, understanding their availability during off-hours is essential for seamless communication.

  1. Communication Frequency:

Ask the agent how often they will update you on the progress of the selling process. Regular communication is vital to keep you informed and provide peace of mind.

  1. Vacation and Backup Plans:

Inquire about any upcoming vacations the agent has planned and how they intend to ensure seamless support in their absence.

Selecting the right listing agent is a critical step in achieving a successful home sale. By asking these key questions, you can gain valuable insights into an agent’s experience, expertise, and commitment to meeting your needs. Take the time to interview multiple agents and choose the one whose responses align with your expectations and goals. With the guidance of the perfect listing agent, your home-selling journey can be smooth and rewarding. 🏡✨ #HomeSelling #RealEstateAgent #HomeSellingTips

If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526

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Discover Inglewood Cottage in Nashville, TN: East Nashville Favorites at Riverside Village, including Dose, Mitchell Deli, and Lou’s

Nestled in the vibrant neighborhood of Inglewood in Nashville, Tennessee, lies the charming Inglewood Cottage. Located just a stone’s throw away from the bustling Riverside Village in East Nashville, this delightful abode offers residents the perfect blend of small-town charm and urban convenience. In this blog post, we will explore the allure of Inglewood Cottage and highlight some beloved East Nashville favorites at Riverside Village, including Dose, Mitchell Deli, and Lou’s.

Inglewood Cottage: A Serene Retreat in the Heart of East Nashville Inglewood Cottage is a gem that captures the essence of Nashville’s Eastside. This cozy residential haven provides a serene retreat away from the city’s hustle and bustle while still offering convenient access to the best of East Nashville. With its picturesque surroundings, friendly community, and close-knit atmosphere, Inglewood Cottage embodies the perfect blend of tranquility and urban connectivity.

East Nashville Favorites at Riverside Village: Nestled within walking distance from Inglewood Cottage, Riverside Village is a lively hub brimming with local businesses, shops, and eateries. Here are three must-visit favorites that will satisfy your cravings and capture your heart:

  1. Dose: Start your day on the right foot at Dose, a beloved neighborhood coffee shop. Known for its expertly crafted coffee beverages, Dose offers a cozy and inviting atmosphere where you can sip on your favorite brew while catching up with friends or diving into a good book. Their delectable pastries and breakfast options are sure to delight your taste buds and kick-start your morning.
  2. Mitchell Deli: When hunger strikes, head over to Mitchell Deli for a mouthwatering sandwich experience. This neighborhood institution is renowned for its creative and flavorful sandwiches, made with the freshest ingredients. From classic favorites to unique creations, Mitchell Deli offers a diverse menu that caters to all tastes. Don’t forget to grab a homemade soup or a side of their famous loaded baked potato salad to complete your meal.
  3. Lou’s: End your day on a high note with a visit to Lou’s, a local favorite for comforting southern cuisine with a modern twist. With its warm and inviting ambiance, Lou’s offers a delightful dining experience that showcases the best of Nashville flavors. From mouthwatering fried chicken and biscuits to delectable vegetarian options, their menu is a celebration of Southern comfort food at its finest. Be sure to save room for their indulgent desserts, as they are not to be missed.

Inglewood Cottage in Nashville, TN, offers residents the best of both worlds—an idyllic retreat in the Inglewood neighborhood and easy access to the vibrant Riverside Village in East Nashville. With its close proximity to beloved establishments like Dose, Mitchell Deli, and Lou’s, residents can indulge in exceptional coffee, delicious sandwiches, and mouthwatering southern cuisine—all within a short stroll from their doorstep. Whether you’re seeking a peaceful respite or crave the vibrant energy of East Nashville, Inglewood Cottage and the neighboring Riverside Village have it all. Come explore this charming corner of Nashville and discover why it’s a destination beloved by locals and visitors alike.

Thinking of moving or investing and need a referral for a Real Estate Broker, we can help: email us at TEAM@McDanielCallahan.com, fill in the form below or call 925-838-4300. Terry McDaniel DRE license #00941526

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Discover the Charm of Crieve Hall: Nashville, TN

Nestled in the heart of Nashville, Tennessee lies the enchanting neighborhood of Crieve Hall. Known for its welcoming community, tree-lined streets, and close proximity to downtown Nashville, Crieve Hall has become a sought-after destination for individuals and families looking to settle in the Music City. In this post, we will explore the reasons why moving to the Crieve Hall neighborhood can be an excellent choice for anyone seeking a vibrant and well-connected community in Nashville.

  1. Location and Accessibility: One of the major advantages of living in Crieve Hall is its convenient location. Situated just south of downtown Nashville, this neighborhood offers easy access to major highways, including I-65 and I-24, making commuting a breeze. Whether you work in the city or prefer exploring the surrounding areas, Crieve Hall’s central location allows you to enjoy the best of both worlds.
  2. Tranquil Residential Atmosphere: Crieve Hall is known for its serene residential atmosphere, providing a welcome retreat from the hustle and bustle of city life. The neighborhood features beautiful homes with well-maintained lawns and mature trees, creating a picturesque backdrop for residents. With an abundance of parks, green spaces, and quiet streets, Crieve Hall offers a peaceful haven for those seeking a tranquil living environment.
  3. Strong Community Spirit: Crieve Hall prides itself on its strong community spirit. The neighborhood hosts regular events and gatherings, fostering a sense of belonging among its residents. From community picnics to holiday celebrations, you’ll find ample opportunities to meet and connect with your neighbors. The Crieve Hall Neighborhood Association actively works to promote a sense of unity, ensuring that everyone feels welcome and involved.
  4. Excellent Schools: For families considering a move to Crieve Hall, the neighborhood boasts excellent schools, making it an ideal place to raise children. The highly-regarded Crieve Hall Elementary School, located within the neighborhood, offers quality education and a nurturing environment. Additionally, the proximity to other reputable schools and educational institutions in Nashville adds to the appeal for families seeking top-notch education for their children.
  5. Abundance of Amenities: Living in Crieve Hall means having a wide range of amenities right at your doorstep. The neighborhood features numerous shopping centers, including the popular Harding Place Shopping Center, offering a variety of retail options, grocery stores, and dining establishments. If you’re a nature enthusiast, you’ll appreciate the nearby parks and green spaces such as Crieve Hall Park, where you can enjoy outdoor activities and family outings.
  6. Proximity to Entertainment and Cultural Hotspots: While Crieve Hall provides a peaceful suburban environment, it’s just a short drive away from the vibrant entertainment and cultural scene of downtown Nashville. Whether you’re a fan of live music, theater, art galleries, or world-class dining, you’ll find yourself immersed in the city’s vibrant offerings within minutes. Enjoy the best of both worlds by residing in a serene neighborhood while having the pulse of the city within reach.

Moving to the Crieve Hall neighborhood of Nashville, TN offers a unique blend of tranquility, community spirit, and accessibility. With its central location, beautiful homes, strong sense of community, excellent schools, and proximity to amenities and entertainment, Crieve Hall presents an enticing opportunity for individuals and families seeking a place to call home in Nashville. Embrace the charm of this hidden gem, and discover the countless reasons why Crieve Hall might be the neighborhood to plant your roots.

Homes for sale: https://www.zillow.com/crieve-hall-nashville-tn/

Thinking of moving or investing and need a referral for a Real Estate Broker, we can help: email us at TEAM@McDanielCallahan.com, fill in the form below or call 925-838-4300. Terry McDaniel DRE license #00941526

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The Hot and Cold Real Estate Market: New Listings Drop by 19%, Pending Sales Decrease by 16% But Buyers Are Still Active

Photo by Michael Tuszynski on Pexels.com

The housing market has been on a rollercoaster ride over the past year. However, this year has seen a significant decrease in the number of new homes for sale, leading to a shortage of inventory and a reduction in pending home sales.

According to data from Redfin, new listings of homes for sale have dropped by 19% year over year during the four weeks ending May 7. This shortage of inventory has led to a 16% reduction in pending home sales compared to last year. However, despite the decrease in pending home sales, Redfin has reported an increase in sales over the last week, which is typical for this time of year.

One surprising trend in the current market is that almost half of the homes that sell are purchased within two weeks of being listed. This is an atypical situation for this time of year, but it shows that buyers are actively searching for homes, and when they find one they like, they are willing to move quickly.

The median home sale price was $370,625, down 2.7% from a year earlier. This marked the 11th-straight four-week period of declines. While this is good news for buyers who have been priced out of the market in the past, it also reflects the inventory shortage and the fact that there simply aren’t enough homes for sale to meet demand.

Redfin Deputy Chief Economist Taylor Marr explained, “This spring’s housing market is hot but cold, with scant listings making it less active than usual but fast and competitive at the same time. The good news is that buyers are out there, trying to find a seat in a game of musical chairs. The bad news is there aren’t enough chairs.”

So, what does this mean for buyers and sellers? For buyers, it means that competition is fierce, and you may need to act quickly if you find a home that you like. For sellers, it means that now is a great time to list your home if you have been considering it. With so few homes on the market, there is a good chance that you will get multiple offers and potentially even a bidding war.

The current housing market is a mixed bag. While there is strong demand for homes, there simply aren’t enough homes for sale to meet that demand. This has led to a shortage of inventory and a reduction in pending home sales. However, buyers are still actively searching for homes, and when they find one they like, they are willing to move quickly. For sellers, now is a great time to list your home and potentially get multiple offers. It’s a tough market to navigate, but with the right strategy and a little bit of luck, buyers and sellers alike can come out on top. https://wrenews.com/fewer-listings-but-faster-home-sales/

Thinking of moving or investing and need a referral for a Real Estate Broker, we can help: email us at TEAM@McDanielCallahan.com, fill in the form below or call 925-838-4300. Terry McDaniel DRE license #00941526

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Coming soon listing: https://findabroker.com/2023/05/13/westside-alamo-listing-coming-soon/