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 'Portola Valley 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
Good news for Investors - Fannie Mae rule change
February 6th, 2009 · No Comments
Until today, Fannie Mae had a rule that they would not buy mortgages from borrowers who had five or more real estate loans - or perhaps more accurately stated - mortgages from borrows that had loans on five or more properties.
Fannie Mae changed this rule today:
Per Fannie Mae announcement 09-02:
Multiple Mortgages to the Same Borrower
To […]
Tags: Credit Information · Redwood City real estate · Pending Legislation · Portola Valley Real Estate · San Carlos Real Estate · Sunnyvale Real Estate · Investment Real Estate · Menlo Park Real Estate · Palo Alto Real estate · Real Estate Finance
125 Tynan Way Portola Valley
May 11th, 2008 · No Comments
I have just listed 125 Tynan Way, Portola Valley.
List price is $1,700,000.
This 3 bedroom 2 bath home is located on 2 acres at the top of Woodsaide Highlands.
Virtual tour
Tags: Portola Valley Real Estate · Cool Listings · New listings