Saratoga 2010 Real Estate Market In Review
Price Trends: Median prices in Saratoga, CA have fluctuated inversely with inventory – they reached a low after the recession in Spring 2009, recovered by January 2010; dropped again and are on the rise again. Buyers Market: As the chart above shows, according to Altos Research, Saratoga CA has been…
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…
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…
Finding Saratoga Real Estate Hot Spots with Realtors Property Resouce
REALTORS® are the center of real estate transactions and I predict will remain so, because of four factors: Access to a new propietary program called REALTORS® Property Resource (RPR), REALTORS® extensive market knowledge, Marketing expertise and Negotiating skills. Not all licensed real estate agents are REALTORS® (members of the National…
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…
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…
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…
Cupertino Real Estate Market Still Hot Early in 2010
Last year, homes for sale in Cupertino were in strong demand and it is still hot! Alain Pinel Realtor Mark Wong, in our Saratoga, CA office cited as an example 1145 Hunterston Place (3 br/2ba, 1,190 +/-sq ft , on a 6,400 +/- sq ft lot, listed at $918,000), which with one…
Santa Clara County Jumbo Mortgages Now Classified Less Risky
Jumbo mortgages in Santa Clara County has been reclassified from a market risk perspective to class 1, which is the least risky class! The major benefit is that now a borrower can put down 20% on a jumbo loan and only need to show 10% of the loan amount in…
Saratoga Real Estate Starts 2010 With Strong Demand
With an inventory of only 76 homes for sale in Saratoga, CA 95070, very low interest rates and the stock market DOW index over 10,600, demand for homes in the Golden Triange with Saratoga Schools is strong demand. The 3br/2 1/2 ba, property we put on the market last week at…
Are Shared Home Appreciation Arrangements Good for Retirees?
Home buyers looking for homes for sale in Saratoga, Los Gatos, Monte Sereno and other affluent neighborhoods of Silicon Valley are aware that prices in the upper end of the market are currently soft. Astute home buyers are hoping that home values will rebound in the best neighborhoods as the…
California Real Estate Forecast for 2010
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…
Multiple Offers on Silicon Valley Homes For Sale
As inventory is being rapidly absorbed at the lower end of the real estate market in Silicon Valley, it causes upward pressure in the middle market (under $1 million). Here are several examples of recent multiple offers in Cupertino, west San Jose, Sunnyvale and Campbell (compiled by Alain Pinel Realtors…
Median Price of Homes For Sale in Saratoga, CA on the Rise
Since the low point of March 2009, the inventory of detached homes for sale in Saratoga, CA has taken a major reversal. Inventory rose steadily to high levels through the summer and then started to take a pronounce drop after Labor Day. …
