so says Warren Buffet…………
The Real Estate Bloggers report that Warren says:
“within a year or so, residential housing problems should largely be behind us”
“prices will remain below “bubble levels””
“many families that couldn’t afford to buy an appropriate home a few years ago now find it well with their means”
Click here for full article.
I would say Don’t […]
Entries Tagged as 'los altos real estate'
Real Estate Market to Rebound in 2011
March 1st, 2010 · No Comments
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · East Palo Alto real estate · los altos real estate · Palo Alto Real estate · San Carlos Real Estate · Menlo Park Real Estate
The real estate market on San Francisco Peninsula has heated up
September 17th, 2009 · No Comments
In my previous few posts, I documented that the number of homes sold in San Carlos Menlo Park and Palo Alto during the second quarter of 2009 was TWICE the number of homes sold in the first quarter of this year.
The numbers tell the story - but stories also illiminate the numbers.
I recently wrote an […]
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · First-time home buyers · East Palo Alto real estate · los altos real estate · Palo Alto Real estate · Sunnyvale Real Estate · San Carlos Real Estate · Menlo Park Real Estate
The San Francisco Peninsula real estate market is picking up!
May 17th, 2009 · No Comments
There is lot of data about the local real estate market out there.
Much of it is conflicting and one really needs to pay attention to what the data SPECIFICALLY measures.
So I am going to write about what I see and am experiencing on a first hand basis in my own business and in my office.
The […]
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · los altos real estate · San Carlos Real Estate · Palo Alto Real estate · Sunnyvale Real Estate · Menlo Park Real Estate
Move up buyers stay home while 1st time buyers enter market
March 26th, 2009 · 2 Comments
Teresa Boardman of St Paul Real Estate - ps she is a great photographer - recently wrote a post about “move-up” buyers in her market want to buy but since they existing home is underwater they can not sell their existing home. Hence they are unable to buy.
Many of her comments about the entry level […]
Tags: Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · First-time home buyers · los altos real estate · San Carlos Real Estate · Menlo Park Real Estate · Palo Alto Real estate · Sunnyvale Real Estate · Real Estate Data
Is it a good time to buy?
March 2nd, 2009 · 2 Comments
That is the $64Million question on many folks’ minds.
Here is my “take”:
In my San Francisco Peninsula market, I would say:
Are there good values to be found? Yes.
Are we at botttom? Probably not. I expect contiuned downward pressure on prices. (In most San Francisco Peninsula cites, values are down maybe 10% to 20% from the peak […]
Tags: East Palo Alto real estate · Redwood City real estate · Portola Valley Real Estate · Mountain View real estate · los altos real estate · San Carlos Real Estate · Menlo Park Real Estate · Palo Alto Real estate · Sunnyvale Real Estate · Investment Real Estate
What does Zillow Q4 2008 report say about the local market?
February 3rd, 2009 · No Comments
During my 31 years in the real estate business selling properties up and down the San Francisco Peninsula, I am often asked what is so special about Menlo Park or Palo Alto or Los Altos?
Why are homes more expensive in these areas compared to San Carlos (my home for the past 23 years), Redwood City, […]
Tags: East Palo Alto real estate · Redwood City real estate · los altos real estate · San Carlos Real Estate · Menlo Park Real Estate · Palo Alto Real estate · Real Estate Data
Did you know you can buy real estate with your 401(k) or IRA funds?
January 31st, 2009 · 2 Comments
With real estate values down, there are excellent buys in real estate for long-term investment - both here on the San Francisco Peninsula and elsewhere in the country. I have developed experienced real estate contacts in other areas of the country like Sacramento, San Diego, Phoenix, Dallas/Ft. Worth, Kansas City, Raleigh, NC, and elsewhere.
There are […]
Tags: San Carlos Real Estate · los altos real estate · Redwood City real estate · Sunnyvale Real Estate · Palo Alto Real estate · Real Estate · Investment Real Estate · Menlo Park Real Estate · Inspiration
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
Interested in Los Altos real estate?
January 4th, 2008 · No Comments
My colleague David Blockhus at Coldwell Banker Los Altos has just completed an inventory study for Los Altos. David also provides some interesting data regarding the number of listings each year with the number of sales each year. List price to sales price ratios are often published. The number of listings to numbers of sales […]
Tags: los altos real estate · Real Estate Data · Real Estate