Archive for July, 2009

Los Gatos Restaurant Summer Specials

Posted in July 22nd, 2009

Enjoy special summer fixed price menues at leading Los Gatos, CA restaurants the week of August 5-12th ranging from $25, $35 or $45 per person. Participating restaurants include California Cafe, Cin-Cin Wine Bar, Crimson, Forbes Mill Steakhous, James Randall, Tapestry, Three Degrees and Trevese.
Click>here for a link for more information or to make reservations.
Rick Bonetti | [...]

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Larry Knapp – The State of the Local Real Estate Market

Posted in July 21st, 2009

by Rick Bonetti in Market Trends

The following is an excerpt from Alain Pinel Realtors COO Larry Knapp regarding the state of the local real estate market in the second quarter of 2009:
“All indications are that the market at the lower-end has not only bottomed out – but is on the rebound. Almost everywhere around the Bay Area first-rate properties priced [...]

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Carol Burnett on the Saratoga Real Estate Market

Posted in July 20th, 2009

by Rick Bonetti in Market Trends

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Mortgage Rates Rise Slightly

Posted in July 20th, 2009

by Rick Bonetti in Financing

Mortgage rates increased over the past week due to better than expected corporate earnings, which cause a selloff in the treasury market. However, today Wells Fargo saw some rate improvement, so it looks like rates will be staying within a range rather than rising or falling dramatically.
Current rates are as follows:
Non-conforming 30 year fixed (greater than $729,750) – [...]

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What a Difference Price Makes

Posted in July 19th, 2009

by Rick Bonetti in About Rick, Homeseller Tips

I usually tell homesellers that there are fundamentally only two reasons why a home does not sell – it is either marketing or price. If after 2-3 weeks of good marketing a homeseller is still not getting showings (much less offers) then it is a good indication that the price needs to be adjusted.
Pricing a home to sell should be done [...]

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