In contrast to peak years when they were at record lows, inventory levels over the past several months have been in the range of the long-run average. With many homes available on the market at more affordable prices in the past year, home buyers have been devoting more and more…
According to Private Mortgage Advisors (Wells Fargo) mortgage rates have improved across the board due to a slew of “less than good news” on the economic front last week. Last Friday Wells also improved it’s Jumbo pricing (>$729,750) significantly. The Fed met last week and not surprisingly kept the fed…
 October 3, 2009 - Residents of the Town of Los Gatos and City of Monte Sereno are invited to hold garage sales at their homes. The Community Garage Sale is a partnership between the Town of Los Gatos and City of Monte Sereno. This event emphasizes recycling, reuse and giving…
Making the right move to a retirement community can be a positive step rather than staying at home and waiting until a crisis occurs. Part of my training as an SRES Realtor is to know how to make the transition as thoughtful as possible. Call me for information about several…
Here are some local resources for green building materials: Flooring:Â Earth and Company, 249 El Camino Real, Redwood City, CA 650-261-3500 Cabinets:Â Golden Gate Kitchens, 272 E. Campbell Ave., Campbell, CA 408-370-2388 Countertops:Â Design 101, 1821 Saratoga Ave., Saratoga, CA 408-873-1100 Tile:Â Tile Fantastic, 22910 S. Bascom Ave, San Jose,…
Saratoga real estate continued to have strong sales activity in August 2009 and during the first half of September. There have been 17 new sales since the end of August. At mid-month September, Saratoga has 39 pending sales and the detached inventory available for sale had dropped to 128 homes. Unfortunately…
You may have heard about reverse mortages for senior homebuyers, age 62 or older, who have lived in a home for some time and built up considerable equity, but now Wells Fargo has a Reverse Mortgage program that allows seniors to purchase a primary residence with a reverse mortgage without…
Here are three simple homeseller tips from professional stagers: Un-clutter, Neutralize, Create Impact. Rick Bonetti | Alain Pinel Realtors | 408-857-8800 | DRE#01237009…
This past week Hasbro and Google launched of a four-month-long online, Google Maps-based version of Monopoly. Click>here to become the richest player and win. Prospective players use their $3 million Monopoly starter dollars to buy any real estate they want on the Google Map. I am putting my money in…
Despite the negative impact on homeowners’ equity, the decline in home prices, combined with historically low mortgage rates, have dramatically improved affordability, creating opportunities for home buyers. In fact, housing affordability was cited by buyers in one fashion or another as a market condition that motivated them to purchase a…
Rates have been stable as the stock market rally has paused (due to several lower than expected economic indicators over the past few days most notably an increase in unemployment claims late last week and lower than expected consumer confidence this week). Here are current mortgage rates according to Private…