Silicon Valley Real Estate Guide

Los Altos Realtor Serving Silicon Valley Buyers and Sellers by Combining Local Insight With Professional Representation

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Entries Tagged as 'Market Updates'

Los Altos Real Estate Statistics, What Do The First Quarter Numbers Tell Us?

April 24th, 2008 · No Comments

The Multiple Listing Service is our most efficient means to sell a home and the most reliable source of local market information.  The following information was take from our local MLS and is deemed reliable but not guaranteed. 
According to our local MLS provider (ProMLSlistings.com), there currently are 108 single family homes for sale in Los […]

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Tags: Real Estate · Los Altos Up Close · Market Updates

Bad Pricing Strategies That Will Likely Come Back To Bite Sellers In The Arse!

April 17th, 2008 · 2 Comments

Pricing a home to sell has always been somewhat of an art.  Price it too high and it will never sell.  Price it too low and you may leave money on the table.
During the last several years of our strong seller’s market, the mantra had been ”price them high watch them die,  price them low and watch them […]

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Tags: Real Estate · Seller's Information · Market Updates

An In-depth Look At Compass Place Condominiums In Sunnyvale

April 8th, 2008 · No Comments

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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Tags: Our Neighborhoods Up Close · Sunnyvale Up Close · Seller's Information · Buyer's Information · Market Updates

Six Strategies To Help Home Buyers Purchase a Real Estate Bargain In Los Altos, Mountain View, Sunnyvale or Cupertino?

February 12th, 2008 · 2 Comments

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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Tags: Cupertino Up Close · Mountain View Up Close · Los Altos Up Close · Buyer's Information · Market Updates

Proposed Increase In The Conforming Loan Limit to $625,000., Will It Help?

January 24th, 2008 · 3 Comments

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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Tags: Real Estate · Buyer's Information · Market Updates

Consumers Affected By Federal Reserve Bank’s Slashing Of Federal Funds Rate by .75%

January 22nd, 2008 · No Comments

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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Tags: Seller's Information · Buyer's Information · Real Estate Investments · Market Updates · Consumer Protection

A Message To One Los Altos Builder, “What Were You Thinking?”

January 21st, 2008 · No Comments

Its Mid January and we are slowly starting to see inventory come on the market.  At this time of the year, the inventory make up is a blend of homes from last fall that didn’t sell as well as new listings.  One of the benefits of being a Realtor is the ability to tour many homes during […]

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Tags: Builder Series · Los Altos Up Close · Market Updates

Gest Ranch Is Another Great Mountain View Neighborhood With Los Altos Schools.

January 14th, 2008 · No Comments

I recently sat down with a potential relocation buyer.  He was thinking about moving north and wanted to get an idea about our local real estate market.  Coming from San Diego, he was familiar with the steady and sometimes huge years of appreciation.   He was weary of a downturn similar to the one that has affected the San Diego […]

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Tags: Our Neighborhoods Up Close · Mountain View Up Close · Buyer's Information · Market Updates

Varsity Park, A Pleasant Little Park And A Great Neighborhood!

January 9th, 2008 · 2 Comments

Mountain View’s Varsity park neighborhood is one of the best housing values on the peninsula.  Varsity Park, built between 1952 and 1957, consists of three subdivisions: Varsity Park, Varsity Park 2 and Varsity Park 3.  In total, 245 single family homes were built.  Homes originally were constructed as either 3 bedroom, 1 bath homes or 3 bedroom, 2 bath homes […]

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Tags: Our Neighborhoods Up Close · Los Altos School Information · Mountain View Up Close · Buyer's Information · Market Updates

2007, The Final Score for Los Altos Real Estate

January 8th, 2008 · No Comments

Los Altos remains one of the most stable real estate markets in the entire country.  While other markets have seen huge reductions in sales prices as well as large increases in inventory, the Los Altos real estate market almost appears to be taking the Contrarian view. 
The biggest issue in Los Altos Real estate has been an abnormally low level of homes […]

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Tags: Real Estate · Los Altos Up Close · Seller's Information · Real Estate Investments · Market Updates