Localism (growing and eating food locally) is a growing trend (bad pun, but true).  Did you know that Saratoga, CA already has a community garden located in El Quito Park (on Presada, near Cox Ave. and Saratoga Ave.)?  Westhope Presbyterian Church also has an adjacent community garden and Saratoga Presbyterian Church on Herriman Ave. (across [...]

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Home sales in Saratoga, Los Gatos, Monte Sereno and surrounding Santa Clara County communities are not really indicative of trends in other parts of the State, but public impressions may be colored by what consumers read about the real estate market in the State as a whole.  So just read this as background context information [...]

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Good news.  According to the National Association of Realtors chief economist, Lawrence Yun, the housing market has turned for the better: “The recovery is broad-based across many parts of the country. Housing affordability is at record highs.”
The Pending Home Sales Index reports that contract activity for pending home sales supports this good news. Pending sales [...]

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Mortgage rates have climbed a bit this past week due to strong earnings in the stock market, which has pushed the dow over 10,000.  
On the other hand we are now seeing higher fuel prices, which is generally a strong inflation indicator and this is not good for rates.  In addition, jobs are still a problem; there is [...]

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Based on the past 54 closed escrows in Saratoga, CA here is a summary:
Sale Prices                        List Prices of Sold Homes
Minimum:    $785,000         Minimum:    $799,000
Average:    $1,474,226         Average:     $1,571,714
Median:       $1,378,145        Median:       $1,411,500
Maximum: $3,141,600       Maximum: $3,500,000
Sold Saratoga Homes – [...]

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