Palo Alto is Bellwether For South Bay Silicon Valley
The Palo Alto real estate market is often a bellwether in advance of what happens to real estate in the south bay of Silicon Valley. Here are some recent sales activity from Palo Alto Alain Pinel Realtor Carol Li to give you a flavor of what we might expect. (note:…
How’s The Real Estate Market?
A blogger-friend Scott Sambucci’s recent Altos Research post, he suggests that year over year and non-seasonally adjusted house sales statistics are the most reliable indicators to answer the questions: What’s happening in the real estate market? Where is it headed? Scott affirms that the “Case-Shiller HPI is a very reliable…
Saratoga Has Strong Sellers Real Estate Market
The real estate market in Saratoga, CA 95070 spiked dramatically in March, 2010 with 48 pending sales. Even though there were 51 new listings, inventory dropped to a low 89 homes, which is only a 4.2 month supply at the current absorption rate. 21 homes closed escrow in Saratoga in…
Saratoga Alain Pinel Realtors Office Sales Up in March 2010
March 2010 was a very good month for the Saratoga office of Alain Pinel Realtors with closed sales up 287.5% over March 2009 Â making Saratoga the #2 ranking office in the company. Â Â Written volume in March were also up 93.7% over March 2009. The recession may not be over, but…
Savor Saratoga – Wine & Wisteria
On Sunday, April 11, 2010 the Saratoga Village Development Council (SVDC) will host a fundraiser dinner: “Savor Saratoga: Wine & Wisteria” at Hakone, the National Trust historic Japanese Garden just up Big Basin Way from the Village. The time is from 5 to 7:30 PM and only 150 tickets will…
Low Saratoga Home For Sale Inventory Spurs Sales
 Because of seasonally low inventory, home sales in Saratoga, CA are brisk in the under $2 million range if they are well priced. One year ago inventory of single family homes was 167 – today it is only 106 homes available. Pending sales increased from 17 last year to…
Multiple Offers In Saratoga and Cupertino Homes For Sale
The real estate market in Silicon Valley from Saratoga north to Cupertino and Sunnyvale is hot in moderate price range with multiple offers.  Here’s an update detail in Cupertino this past week: 5073 Shady               Listed at $899,000      Sold for $970,000      13 offers 10607 Glenview         Listed at $1,099,888   Sold for ~$1,150,000 17…
Facebook Fan Page Posts Saratoga Real Estate Market Updates
There are 12 new listings in Saratoga this week. There are 116 residential MLS listings available with an average price of $2,241,933.…
How Can I Save Green When Buying A Green Home?
Image by U.S. Army Environmental Command via Flickr Green building is here to stay! Â So if you’re thinking of buying a home in Saratoga, Los Gatos or Monte Sereno or you are thinking of remodeling your existing residence, you need to know what elements of a “green home”* are most…
Saratoga Real Estate Heats Up With The Super Bowl
The Silicon Valley real estate market regularly starts to pick up about the time of the Super Bowl (wasn’t that a great game)! Inventory of homes for sale in Saratoga, CA 95070 is climbing, but is still a low 86 detached and 11 attached homes. Last week 21 detached homes…
Will A Voluntary Strategic Walk-Away From Your Mortgage Make Your Problems Worse?
I am hearing more talk these days of homeowners who are “upside down” in their mortgage relative to current home value and they are considering voluntarily walking away from their mortgage and giving their home back to the bank. I heard it at a Christmas party; on the street; at…
Rightsizing, Or Is A Green Mansion An Oxymoron?
How big can a home get before it is simply too big to be called “green”, regardless of its design and materials?  According to architect Jason McLennan, CEO of the Cascadia Green Building Council and author of the Living Building Challenge, “the average American family house or condominium, which today is built for three…
West Silicon Valley Real Estate Reports from the Front Lines
What a difference timing makes in the real estate market! Â Last fall 2009 the Saratoga real estate market was sluggish and now it fast and engaged. Last week I reported the avalanche of positive market response to a Saratoga listing Moe Baniani and I have on Wolcot Way and…
Saratoga Real Estate Market Is Hot
Ten homes went sale pending last week in Saratoga, CA! Several went to multiple offers. The Saratoga real estate market (or at least part of it) is hot. All but one of the sales was priced less than $2 million. Included in the group were homes on Sobey Road, Oak…
How’s The Real Estate Market?
The question if get asked most frequently is “How’s the real estate market?” It used to be that everyone read the newspapers and got their somewhat distorted news from the headlines; now people get their news online and from multiple sources. I hope I have earned the right for you…
