Tuesday, March 22, 2011

A few "fast facts" - on local real estate

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The inventory of available homes in the area is a sure sign of where prices are going.  Lack of inventory = trends up in prices for the most...
Friday, March 18, 2011

Short sales in California: fewer than 3/5 close ...

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I find it difficult to explain to potential buyers the difficulties that short sale situations pose.  A lot of the time, I give a copy of an...
Sunday, March 13, 2011

All cash buyers... a follow up...

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To piggy back on my previous post, the number of homes purchased with cash in California jumped to a record 30.9% in January, per DataQuick....
Tuesday, March 8, 2011

Silicon Valley: all cash buyers.

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Confirming what the studies were showing at the end of 2010, figures came out (DataQuick information services) showing that 26.3% of homes w...
Sunday, February 20, 2011

Silicon Valley: Los Altos Hills real estate market

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Los Altos Hills ranks 4th on the list of the richest small towns nationwide according to Bloomberg Businessweek: Businessweek, which tallied...
Tuesday, February 15, 2011

Current market in Los Altos (Silicon Valley) 2-11

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The number of homes over a million dollars dropped a bit in December 2010, but the median sale price of luxury properties inched higher, acc...
Wednesday, February 2, 2011

How is the market now, locally (around Palo Alto)?

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How does the activity compare with the previous years, in the 5 combined Cities of: Menlo Park, Los Altos, Palo Alto, Mountain View, & L...
Monday, January 24, 2011

Nationwide: home prices decline, rental prices increase in 2010

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A new study shows home prices declined 9.8 percent last year, while rental prices nationwide increased 11.6 percent during the same period, ...