Silicon Valley Real Estate Guide

15, 10, even 5 years ago, the art of presenting an offer was a valued skilled that every agent tried to perfect.  There were benefits to both the buyer and seller.  A seller and his/her agent would meet face to face with the buyer’s agent, allowing the buyer’s agent to present his/her client and their […]

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Compass Place condominiums, also known as Arcadia Terrace (named for the street the complex is located on), has always been a favorite condominium complex of mine.  Built approximately 14 years ago, Compass Place is conveniently located at the corner of Fair Oaks Avenue and Arcadia Terrace, near Highway 101 in Sunnyvale.  Comprised of approximately 240 […]

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Mountain View’s Blossom Valley Estates is yet another great neighborhood offering its homeowners an excellent value in a home and a great place to live.  What makes this neighborhood so desirable?  It could be it’s beautiful tree lined (and tree named) streets.  It could be it’s comfortable homes with nice floor-plans.  It could be it’s close proximity to the […]

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Bargains, bargains, bargains, get your bargains here!  Unfortunately for buyers of homes in the south peninsula cities of Los Altos, Mountain View, Sunnyvale and Cupertino, the bargains are few and far between.  The Bay area was entirely excluded from a recent Forbes article, Best Cities For Bargain House Hunters.  Does this mean that there aren’t any good […]

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According to research analyzed by John H. Vogel, a professor of real estate at the Tuck School of Business at Dartmouth, having a child is the single biggest indicator that someone will file for bankruptcy and lose their home in foreclosure. In this Inman TV video, professor Vogel explains some of the reasons and possible […]

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I recently read a post from The Front Steps blog on resetting the days on market (DOM) data field on the Multiple Listing Service (MLS).   Although the post was a request for comment (which I did), I thought I would give an expanded version of my thoughts on the subject.
The DOM data field in the MLS reports the amount […]

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Earlier today, President Bush announced that he had reached a bipartisan agreement with House leadership on an economic package designed to bolster the U.S. economy.  An integral part of this package is an increase in Fannie Mae’s and Freddie Mac’s conforming loan limits from $417,000 to $625,000.  How will this impact our local Real Estate market?
For most […]

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My family moved to south Los Altos in 1964, having lived briefly in Sunnyvale and before that in Minnesota.  My parents bought a 4 bedroom home on a quarter acre that backed up to Awalt High School (renamed Mountain View). We were the second owners of the home.  The first owners having lived there for only about 2 […]

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The Federal Open Market Committee met last night in an unscheduled meeting.  The result of this meeting was a cut in the federal funds rate of 75 basis points.  The federal funds rate went from 4.25% to 3.5%.  This marked the biggest one-day rate move by the central bank since it cut its discount rate by a […]

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In this brief 5 minute video, Dan Green of The Mortgage Report gives insight into mortgage lending and how mortgage guidelines are changing.  It’s a clear, concise, and maybe simplistic, but it clarifies how guidelines in the mortgage market change and how these changes affect everyone.  Good video, good information.
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