Sarah Scafford of International Listings recently wrote a guest post in Pat Kitano’s Transparent Real Estate talking about the differences between timeshares and fractional ownership. Most of what Sarah writes is spot-on.
I am fortunate to own a fractional at Old Greenwood in the Truckee/Lake Tahoe areas and get to spend 3 weeks a year in a wonderful […]
Entries from July 2008
Time Shares compared to Fractional Ownership
July 29th, 2008 · No Comments
Tags: Vacation Property · Real Estate
Los Altos Market Data
July 28th, 2008 · No Comments
Dave Blockhous of Coldwell Banker Los Altos recently did an analysis of the current Los Altos market. In this post, Dave compares market activity (number of sales and listings & average and median prices) over the first six months of the past couple of years. His analysis comes to much the same conclusions as my […]
Tags: San Carlos Real Estate · East Palo Alto real estate · Redwood City real estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate · Real Estate Data · Uncategorized
Middle income people are being squeezed!
July 15th, 2008 · No Comments
David Shafer of Uncommon Financial Wisdon wrote an excellent guest post on Jeff Brown aka the BawldGuy’s Blog about how the current squeeze on middle income families occuring in our country should effect one’s investment decisions. Jeff is a San Diego real estate broker who specializes in finding good investment properties outside California.
I can certainly say we see this trend […]
Tags: Credit Information · Investment Real Estate · Real Estate
Year to Date Closed Sales San Francisco Peninsula
July 14th, 2008 · 1 Comment
2007 data is in blue and 2008 data is in red.
These numbers reflect closed sales through June 30 of each year.
As reflected in the number of sales my office has completed this year, the number of closed sales in all communities is down from 2007.
Mountan View down 3%
Los Altos down 21%
Palo Alto down 27%
Menlo Park […]
Tags: los altos real estate · Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data
Listing Inventory Levels on the San Francisco Peninsula
July 14th, 2008 · No Comments
2007 data is in blue and 2008 data is in red.
As you can see inventory has increased in all communities from 2007 to 2008.
Mountain View up 91%
Los Altos up 45%
Palo Alto up 42%
Menlo Park up 47%
East Menlo Park up 58%
Redwood City up 61%
San Carlos up 54%
Tags: los altos real estate · Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data
Good information for owners considering a short sale
July 14th, 2008 · 2 Comments
Even on the San Francisco Peninsula, short sales do occur.
A short sale occurs when the existing loan balance on the property is greater than the value of the home.
The property is placed on the market and an offer is obtained which is accepted by the owner subject to the lender’s approval. The lender’s approval must […]
Tags: Short Sales · Credit Information · Real Estate Finance
Average Sales Price Palo Alto Los Altos Mountain View
July 14th, 2008 · No Comments
Here is the average sales price data for Mountain View, Los Altos, and Palo Alto.
Los Altos average sales price is up about 7% from last year and average sales price for Mountain View and Palo Alto remains basically unchanged.
Tags: Palo Alto Real estate · Real Estate Data
Average Sales Price Menlo Park Redwood City and San Carlos
July 14th, 2008 · No Comments
Please review average sales prices in the chart above.
The blue column is 2007 and the red column is 2008.
I have broken out Menlo Park into the areas west of Highway 101 and the areas east of Highway 101 to indicate how different the current market can be based on price range and location.
In west Menlo […]
Tags: Redwood City real estate · San Carlos Real Estate · Menlo Park Real Estate · Real Estate Data
How is the current market in Menlo Park ?
July 14th, 2008 · No Comments
My Coldwell Banker El Camino office had our Half Year State of the Office and Marketplace meeting earlier today. My office is the number 1 Coldwell Banker office in the San Francisco/Peninsula region in terms of listings and closed sales per agent year to agent.
Here is what our office has experienced in the first half […]
Tags: Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data