Bay Area REBlog

There will be an Eichler Tour in Palo Alto of 12 homes on September 6, 2008. Apparently some are original and some have been remodeled. A requested donation of $40 per person benefits the Peninsula Habitat for Humanity fund.
DATE: Sept. 6, 2008
TIME: 10:00 am- 4:00 pm
STARTS: Eichler Swim & Tennis Club
3559 Louis Road, Palo Alto, CA [...]

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Below is a chart showing single family home sales in all of Mountain View, CA for the months of May, June and July 2007 & 2008. You will notice straight away that our inventory is much higher this year than last…and while the average sales prices remain almost unchanged, the median sales price is well down on the previous [...]

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I’ve just pulled statistics from the multiple listing service for single family home sales in Los Altos for the months of May, June and July in 2007 and 2008. Our inventory is higher than last year, but what’s interesting is that closed sales in May were very similar for the two years. By the time we get to [...]

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Kevin Boer of 3oceansrealestate.com needs to do a little more homework before suggesting that Condoleezza Rice could buy a Palo Alto home valued at $12.5 million…..Stanford Professors, if indeed she decides to return to her alma mater, earn around $175,000 per year.
A much more affordable option for Ms. Rice would be my new listing at 1945 Knollwood [...]

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More great news for real estate!  On July 30, 2008, the President signed the Housing Economic Recovery Act of 2008 into legislation – this supposedly will go a long way in helping to stabilize the housing market and will make home ownership more attainable for many Americans. So what does the government hope to accomplish through [...]

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