Last couple of weeks the financial markets have been in turmoil, highlighted with news about the Bear Sterns bailout offer from JPMorganChase. As a result, the secondary mortgage market has “no appetite for adjustable rate mortages,” but 30 year fixed mortgages are still relatively “well priced”  There is now a more…
Buy and Save Market, a long time fixture in downtown Saratoga, CA has closed, but the latest information from the Saratoga Village Development Council (SVDC) is that the shopping center is not for sale, nor has it been sold! Â Apparently the former Buy and Save will be gutted and fixed…
Sue McAllister has written a good article in today’s Mercury News entitled “10 things to know about Silicon Valley real estate – right now” , which underscores my frequent statement that real estate trends are usually about very localized micro-markets where some are “hot” and some are not. I also agree with her…