Saratoga Voice

News and View of Saratoga, CA 95070

Archive for January, 2008

January Upturn Like Clockwork

Posted in January 14th, 2008
by Rick Bonetti in Market Trends

This past weekend homebuyers seemed to “wake up” from the holiday doldroms with good open house traffic and interest reported.  So far this is not yet reflected in sales, but inventory is still low (now at 62 homes on the market in Saratoga).
Because of the low inventory, three market areas (Sunnyvale, Campbell & Los Altos) slipped [...]

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San Jose Jazz Part of Silicon Valley Lifestyle

Posted in January 11th, 2008
by Rick Bonetti in Events

One of the great things about living in Silicon Valley is that you can enjoy (although I rarely can, because I am usually holding Open Houses) the Sunday Jazz winter series in Downtown San Jose.   The series starts January 20th and runs through March 30, 2008.  Music starts at 3PM at The Improv at 62 S. Second Street.  Here’s [...]

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Downtown San Jose Residences Rising

Posted in January 10th, 2008
by Rick Bonetti in Homebuyers

Now emerging in the downtown (SoFA district) San Jose landscape is a new 23 story luxury High-Rise project called 360 Residences, with 213 homes for sale, ranging in price from the mid $500K’s to over $2 million.  Condominiums range in size from 795 to 3,440 sf.  Scheduled completion is next year (Spring 2009).  There is a full scale model adjacent [...]

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Alain Pinel Shines

Posted in January 9th, 2008
by Rick Bonetti in Market Trends

Who says the real estate market is weak?  Alain Pinel Realtors just announced $7.2 Billion in transactions for 2007, compared with $6.6 Billion in 2006!  In 2007 we did $870 million out of our Saratoga office alone, for an average of $6.1 million per agent and 5.1 units per agent.  This was exceeded only in [...]

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