Tuesday 12/16/08 the Federal Reserve cut its federal funds target rate by more than three-quarters of a percentage point to a range of between 0 and .25 percent. The decision signals that Fed Chief Ben Bernanke is more concerned with the rapidly deteriorating economy than the prospect of stoking inflation.…
Last week the $6,250,000 sale of Austin Way, listed by Baniani & Bonetti, became the highest priced MLS listed home to close escrow in 2008 YTD in Saratoga market (area 17). For more information on this spectacular Monte Sereno home click >here.…
An interesting website ZipSkinny has summary information on local areas – all you do is put in the zip code. This source is based on 2000 census data so it is not be entirely reflective of current conditions; another source of statistics for Saratoga is the US Census. It shows that…
This past week in Saratoga there were 16 new sales, 2 closings and 7 new Saratoga properties were added to the market (including a great property the Moe Banian and I have listed at 13587 Saraview Drive) bringing to total inventory to 97 homes. 8 properties, with 131 CDOM had…