That was a pretty big one!
Wonder what the Richter scale will say?
What will Halloween bring?
Entries from July 2008
Was that just an earthquake? Spooky!
October 31st, 2007 · No Comments
Tags: Uncategorized
Weekly Market Report 10/21/07
October 31st, 2007 · No Comments
Here is last week’s report from Rick Turley Coldwell Banker President San Francisco/Peninsula:
In the San Francisco Bay Area, buyers are starting to realize that selling prices are just not going to drop precipitously from where they are now in most of the Bay Area. If a deal is to be had, now is the time […]
Tags: Real Estate
Menlo Park Market Update
October 31st, 2007 · No Comments
The Menlo Park market has remained pretty stable over the past 18 months.
Average monthly sales have ranged between 30 to 35 per month.
The average sales price has held steady at a little above $1,400,000 and the median sales price has held steady at approx. $1,275,000.
For data on other communities, please click the San Mateo County […]
Tags: Menlo Park Real Estate · Real Estate Data
Sunnyvale Market Update
October 24th, 2007 · No Comments
The average number of monthly sales decreased significantly during 2006 - a 12 month average of 65 in April 2006 to a 12 month average of about 50 in December 2006. Since that time, the average number of monthly sales has remained fairly steady at 50 or so a month.
Average and median sale prices has […]
Tags: Sunnyvale Real Estate · Real Estate Data
Palo Alto Market Update
October 24th, 2007 · No Comments
The monthly average number of sales in Palo Alto has remained fairly steady to slightly decreasing over the past 18 months.
The average and median sale prices have increased significantly over the past 18 months.
For data in other communities, click on San Mateo County Market Data or Santa Clara County Market Data.
Tags: Palo Alto Real estate · Real Estate Data
San Carlos Market Update
October 24th, 2007 · No Comments
The sales activity in San Carlos in 2006 and 2007 has been fairly similar.
The 12 month moving average for the number of sales per month peaked at around 26 per month around May and June and then the number decreased through the balance of the year.
Both the average and median sale prices have increased slightly […]
Tags: San Carlos Real Estate · Real Estate Data
Real Estate Investments (part 3)
October 24th, 2007 · No Comments
An exciting new small residential income property in downtown Menlo Park has been listed by Catherine Vallee 415 990-5913.
The property address is 855 Fremont Street and the list price is $1,195,000.
The building contains 4 one bedroom units rented for between $1,250 and $1,350 per month. Market rent may be closer to $1,450.
This property offers a […]
Tags: Investment Real Estate
Is there a perfect time to buy or sell?
October 16th, 2007 · No Comments
Last week I was at a meeting of my Buffini and Company small group.
One of the agents there does very well in the real estate business. He is in his early 30s married with 2 pre-school age children. They have owned a home on the Burlingame/San Mateo border for many years but now they wish […]
Tags: Real Estate
Real Estate Financing (Part 1)
October 16th, 2007 · No Comments
Buyers and homeowners are faced with a myriad of financing options.
There are 30 or 40 year fixed rate mortgages. There are mortgages fixed for 3, 5, 7, or 10 years which then turn into adjustables. There are adjustable rate mortgages where the interest rates adjusts monthly, every 6 months, or every year.
Everyone wants to know: […]
Tags: Real Estate Finance
Real Estate Investments (part 2)
October 7th, 2007 · No Comments
In my previous post, I did a “quick” analysis of a 3 unit property listed in Menlo Park. On this property, 1161 Noel Drive, Menlo Park, a buyer would need to put about 50% cash down payment to obtain at least a break even cash flow.
Let’s look at another possible investment in the Dallas/Ft. Worth […]
Tags: Investment Real Estate