Silicon Valley Real Estate Info

I was sitting across the table from potential clients who were interested in buying a home in Los Altos.  They were interviewing me to see if I was the “One” to assist them in locating and securing the home of their dreams.
 
They asked me a series of questions about my qualifications, experience and how I [...]

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If you’re looking for a bargain, one can be found in the foreclosure market.  However, it takes plenty of patience and solid market knowledge.  Oh, did I mention that you also need cash and lots of it – no loans or I.O.U.’s accepted.
Yesterday I went down to 190 N. Market Street in San Jose to check on [...]

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I’ve had a few clients ask me what I thought was going to happen with Jumbo Mortgage Rates in the near future.  I found this video by Dan Green of the themortgagereports.com that explains it much better than I could.  Hint…they are going up!

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The Multiple Listing Service area 209 consists of housing tracts with names like Cuesta Park, Varsity Park, St. Francis Acres, and Gest Ranch.  Lots average about 6500 sf and homes average about 1400 sf.   Gest Ranch lots and houses are about 1/2 larger.  See neighborhood map at bottom of post.
Depending on neighborhood, elementary school aged children would attend schools [...]

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Todays’ Los Altos – Mountain View Broker tour had 15 single family homes open for previewing.  Eleven homes were new listings and four were re-toured properties.  My top three homes were:
(1)  1851 Appletree Lane in Mountain View – Listed at $1,098,000. by Patrice Horvath of Alain Pinel Realtors.  This updated/remodeled home is on a great street one block [...]

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According to MLS Listings Inc. data, 25 single family homes closed escrow in December within the Los Altos zip codes of 94024 and 94022. This is up from 10 homes sales last year and 19 home sales in 2007.
The median list price of single family homes for December 2007 as compared to December 2009 dropped [...]

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The first Broker tour for Los Altos and Los Altos Hills was as like getting a flu shot, quick and painless.  There were nine new listings of single family homes and two re-toured properties.   Below are some of my thoughts.
I know it’s hard to believe, but my favorite house was also the most expensive.  It was 255 [...]

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It’s the start of a new decade, a new year, and a new month.  It is also the start of the 2010 dating season between the managers of our local real estate companies and our local real estate agents!
Agents who had exemplary home sales in 2009 are being courted by competing brokerage houses.   Managers are looking to recruit agents who will make [...]

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While vacationing at Lake Tahoe, I had an interesting discussion with a veteran real estate appraiser about the state of the high end real estate market in Lake Tahoe.  We’re talking multi-million dollar properties. 
It appears that the listing inventory of lake front properties is near/at an all time high.  Buyers of these high end homes are waiting for [...]

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There is a home for sale in my neighborhood that has been on the market for about four months.  The home has had an open house almost every weekend.  We are talking double digit numbers of open houses and counting!  Why would a seller and/or listing agent continue to hold an open house every weekend when [...]

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