San Jose Wind Symphony Today at Saratoga’s McAfee Center
An under-publicized community resource in Saratoga, CA 95070, that adds value to real estate (homes and lots for sale), is the McAfee Center, Â located at the corner of Saratoga-Sunnyvale Road and Heriman Ave on the campus of Saratoga High School. This afternoon the San Jose Wind Symphony will feature trombonist…
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…
Introducing The New APR Open House App
 In the early 1990′s Alain Pinel Realtors was a pioneer in implementing new internet applications for local real estate and they have just introduced their latest ” killer” application: www.Open.APR.com   This website now gets a feed from the MLS database that shows open houses with maps, a street view and a route…
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…
Home Buyers Should Act Now Before Rates Go Up
Interest rates have been stable over the past week but appear ready to rise based on Obama’s budget which among other things promotes job growth, responsible government spending and is viewed as a positive for the economy based on today’s bond trading. There were several other positive economic reports out…
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…
School District Boundaries in Saratoga, CA 95070
Search of homes for sale in Saratoga, CA, by families with school age children, almost always starts with schools. Market valuation of homes is directly related to API school scores. Frequently at open house I will open a detailed map that shows the district boundaries for schools in Saratoga. Saratoga Union…
Reverse Mortgage Now Allows New Home Purchase
Did you know that there is a program that allows seniors (62 years and older) to purchase a new home without taking on a new monthly mortgage payment? It will enable seniors to: Purchase a primary residence more suitable for their current needs (ie. single story vs. two story) Purchase…
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…
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…
Location, Location, Location in Saratoga, CA
Real estate has always been about location, but now technology is enhancing the search – where to find the best in Saratoga, CA? Last Thursday evening I was talking with Vice Mayor Jill Hunter about the Saratoga Village Development Council. Â Jill noted that there are now 26 restaurants in Saratoga…
Saratoga, CA 2009 Real Estate Statistics Review
2009 was a mixed year for home sales in Saratoga, CA 95070, highlighted by the following: There were 221 Single Family Homes that closed escrow that were listed on the multiple listing service. The highest price was $6,998,550 and the lowest was $645,000. Most of the sales were “standard sales”…
