Christmas countdown
Saratoga inventory is down further to a very low 69 homes as we count only 8 more days until Christmas.  The average price is now a huge $3.0 million, skewed by 19% of the remaining listings in excess of $4.3 million, including a $14.9 million estate on Matilija and an $8.6 million, updated, vintage…
Strong Saratoga Demand Despite Mortgage Adjustments
The Fed has once again this week made a .25% cut in the federal funds rate to stimulate confidence and liquidity in the secondary mortgage market, but jumbo loans are likely to stay higher than conforming loans for a while. These things take time to work out. By Febuary 2008 we are likely…
Saratoga Inventory is Very Low
It’s beginning to look a lot like Christmas, but the Saratoga real estate market is still strong with 5 new sales (West Road priced at $1.995 million after 205 DOM; Ravenwood priced at $1.649 million; Bohlman Rd price at $1.5995 million; Afton priced at $1.389 million; and Park Place priced at…
Saratoga Real Estate Weekly Update
Inventory declined again this past week to this year’s low of 77 single family homes available in Saratoga, due to 8 properties being sold (sale pending) and 12 homes being removed from the market (expired, cancelled or withdrawn).  5 sales pendings were in the $1.2-1.7 million price band, including homes on…
