Peninsula Real Estate Guru

Arn’s Real Estate Advice, Counsel, and News for Peninsula Buyers and Sellers

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Entries from July 2008

Weekly Mortgage Update 2-16-08

February 16th, 2008 · No Comments

Linda Lunsman of Princeton Capital writes:

Last Week in Review  

 
 
 

 
“CUTS LIKE A KNIFE, BUT IT FEELS SO RIGHT” Bryan Adams And financial pros will tell you it’s wise to never try and catch a falling knife. Seems like decent advice in general - but in the financial world, it means that when the price of […]

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Tags: Real Estate Finance · Real Estate Data · Real Estate

White Oaks San Carlos Fabulous New Listing

February 11th, 2008 · No Comments

Sarah Hillhouse of Coldwell Banker has just listed 148 Colton Ave., San Carlos for $998,000. First tour is  Tuesday February 12th. This property will not be on the market long.
Colton is one of the best streets in White Oaks - it is only 1 block long so you get little or no through traffic. It is […]

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Tags: San Carlos Real Estate · Cool Listings · Real Estate

Buyers are out in large numbers looking for property

February 10th, 2008 · 3 Comments

Chris Iverson a Palo Alto realtor and guest contributor to Kevin Boer 3 Oceans Real Estate has written a recent post about whether this is a good time to buy. Chris mentions how one of his new listings just sold with no contingencies after being on the market for 3 days.
I have just put a […]

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Tags: San Carlos Real Estate · Cool Listings · Real Estate Data · Real Estate

4170 Thain Way Palo Alto Barron Square townhouse

February 8th, 2008 · No Comments

Another exciting tour property in Palo Alto today was 4170 Thain Way, Palo Alto listed by Dante Drummond Coldwell Banker for $1,199,000.
Per Dante:
One of Palo Alto’s largest townhomes! Sophisticated & elegant with hdwd flrs, cathedral ceilings, Andersen doors leading out of living room and formal dining room to outside extended patio w/views of trees and […]

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Tags: Palo Alto Real estate · Cool Listings · Real Estate Data

Best of downtown Palo Alto tour

February 8th, 2008 · No Comments

In my opinion, the best tour property today in downtown Palo Alto was 171 Cowper Street listed at $2,995,000. This property has just been put back on the market by Monica Corman of Alain Pinel.
This property contains 2 single family homes - a newly constructed rear house looks more like a San Francisco loft than […]

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Tags: Uncategorized

Fannie Mae Freddie Mac loan limits have been increased !

February 8th, 2008 · No Comments

Matt Carter of Inman News reports that both houses of Congress have passed an economic stimulus package which includes raising the conforming loan limit substantially. It is believed the new limit in California will be $729,750.
I think we will need a few weeks to let the “dust settle” before it becomes clear exactly how the […]

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Tags: Pending Legislation · Sub-Prime Mortgage Issue · Real Estate Finance · Real Estate

256 Fir Street, San Carlos is on the Market

February 6th, 2008 · No Comments

256 Fir Street will be open this Saturday and Sunday Feb 9th and 10th 1:30PM to 4:30PM.
List price is $859,000.
Virtual tour

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Tags: San Carlos Real Estate · Cool Listings

The most expensive single family home in Menlo Park

February 5th, 2008 · No Comments

1155 Trinity Drive, Menlo Park is currently listed by Michelle Englert of Cashin Properties in conjunction with two of her office mates Doyle Rundell and Kristin Cashin.
This wonderful Sharon Heights home came on the market in early January and was originally priced at $5,495,000 and is now listed at $5,295,000.
This stunning updated Mediterranean estate sits on over a […]

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Tags: Menlo Park Real Estate · Cool Listings · New listings · Real Estate