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 […]
Entries Tagged as 'Sunnyvale Real Estate'
The real estate market on San Francisco Peninsula has heated up
September 17th, 2009 · No Comments
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 the Market Turning?
March 13th, 2009 · No Comments
It is probably too early to tell but the market does seem to be picking up in the past few weeks.
Perhaps some of this is just the typical seasonal spring pick-up or perhaps prices have fallen far enough so that many buyers feel current prices represent good value.
I can tell you that I am working […]
Tags: Redwood City real estate · San Carlos Real Estate · Sunnyvale Real Estate · Inspiration
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
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
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 […]