Silicon Valley Real Estate Guide

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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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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As Santa Clara County property owners, you should have received your property tax bill for the fiscal year 2007-2008 in September.  The first installment is due November 10th and late if not postmarked by December 10th.  Over the years, I have been mailing my bill on the 10th of December, but there are other payment options.  Tax payers can also […]

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It appears from recent and not so recent articles, that buying a home in the market today is not for the faint of heart.  A recent article from the Wall Street Journal discusses how the Mortgage Banker’s Association’s chief economist believes that the real estate slump will continue through 2009.  On October 18th, the San Jose Mercury News reported that new housing construction was […]

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A client of mine who owns several small multi-unit properties recently passed on a story about some of the problems that he has had with one of his properties.
The investment looked good and the return on the investment looked strong.  The property was located in what appeared to be a good area.  The complex had a good rental and […]

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