This Saturday,  St. Andrews School and Sacred Heart School, two of Saratoga’s outstanding private schools, are featuring Open Houses to boost enrollment.  St. Andrews admissions open house is November 14th from 2 PM to 4 PM and Sacred Heart School’s Pre-K and Kindergarten Open House is November 14th from 10 AM to…
Multiple offers again this past week in Cupertino area indicate how the real estate market in different localities can vary. In this case, low inventory and high demand because of school scores is the reason. Here is a sample from Alain Pinel Realtor collegue Mark Wong: 10212 Colby Avenue –…
Image via Wikipedia Mortgage rates are continuing to stay flat due to unemployment concerns. This week the US Treasury will auction off $81 Billion worth of debt and investors are concerned that demand especially foreign demand will wane due to all the debt that has come into the market over…
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…
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…
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…
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. …
Mortgage interest rates are currently low, but home sellers can give extra motivation to potential buyers their Saratoga home by offering an interest rate buydown. Private Mortgage Advisors, an affiliate of Wells Fargo Home Mortgage and Alain Pinel Realtors has a temporary rate buydown option that can lower home buyer’s…
To Saratoga, CA Realtor Rick Bonetti open source real estate means giving a little extra - the unexpected in service, expertise and experience.…
Last evening my wife and I enjoyed the delightful new movie Julie and Julia. My wife is an excellent cook, who devoured Volume I of Mastering the Art of French Cooking as a young wife and mother; she recalls son Jim frequently asking for Eggs Benedict with her luscious hollandaise. To bloggers,…