Courtesy Emily Fancher
There are 200,000 housing units in the planning pipeline or under construction throughout the Bay Area and approximately 43 percent of those are rental units.
Housing units in Bay Area pipeline
The housing pipeline number, which was reported by a Bay Area real estate consultancy, includes market-rate and affordable projects in San Francisco, the East Bay, Peninsula and Silicon Valley down through San Jose.
CLICK HERE for the full San Francisco Business Times article.
Courtesy MLSListings – October 10, 2014
The Internet has made it easier for consumers looking to rent or buy a home to bypass using a REALTOR® and go directly to the source of property listings and negotiate with the owner or property manager. Unfortunately, this can pose significant risks with the widespread problem of real estate scams. This is particularly prevalent on sites like Craigslist where unsuspecting renters and home buyers go looking for great deals and ideal properties. What they can end up with is identity theft, theft of funds and even serious physical harm. Continue reading
LIVE IN & enjoy Silicon Valley! 855 Homes for Sale in San Jose today!
Homes for Sale in San Jose_Jeni Pfeiffer
Quick Search: bit.ly/sjhms BRE#01709666
Year-over-year we are seeing that both single family and condo/townhome markets are showing large swings in closed sales and median price. CLICK HERE for more data.
Silicon Valley Market Shows Sharp Year-Over-Year Median Price Increase
Single family home closed sales are down in Monterey and Santa Clara counties a small 2% and 3% respectively. While San Benito is up 6%, San Mateo is up 13% and Santa Cruz increased by 15%. Median prices for single family homes are up in all counties with the exception of San Benito with a small 1% drop. Monterey is up 6%, San Mateo is up with the highest jump of 18%, Santa Clara has a modest jump at 9% and Santa Cruz saw a 5% increase over Sept. 2013. Continue reading
Check out the latest edition of Enjoy Magazine featuring Ty Pennington! CLICK HERE for your free November 2014 Edition.
Enjoy Magazine Nov. 2014 Courtesy Jeni Pfeiffer
Courtesy Tony Guaraldi, VP of Mortgage Lending Guaranteed Rate Mortgage
As you can see from the graph below Mortgage bonds are at their best levels in the past 12 months! This means most lenders rate sheets will be at their best levels of the year right now. Good time to take advantage of a refi for anyone who never got around to getting it done in the last cycle, those now enable to do so due to rising home values, or people getting towards the end of their ARM loans.
CLICK HERE for the Oct. 10, 2014 Mortgage Rate Sheet. Continue reading
Housing slow-down in Silicon Valley? Well – it depends . . $3M for tiny 951 square feet of living space, 91 year new – 151 KELLOGG AVENUE” in “tear-down” condition –
“Tear-down” 151 KELLOGG AVENUE, Palo Alto CA sells for $3M
– but located in highly desirable Old Palo Alto closed escrow this week posting a whooping 31% over-asking Sales Price of $3,000,000. Old Palo Alto is an exclusive neighborhood with tree-lined streets and a resident roster of affluence and company founders. The location is central, with a brisk walk to Downtown Palo Alto and the lovely Elizabeth F Gamble Gardens.
This week’s final sales and closing prices of home listed for sale in Palo Alto, CA averaging 9% over-asking sales price.
Sept 22- Sept 26, 2014 Closing Real Estate Sales in Palo Alto
For more information, please contact:
Jeni Pfeiffer, Broker Associate Realtor BRE#01709666
(408) 813-4256 or jenishomes@gmail.com
Sunnyvale is located in the HEART of Silicon Valley in the Bay Area of CA.
Sunnyvale Homes for Sale Courtesy Jeni Pfeiffer
CLICK HERE for MLS Sunnyvale Homes for Sale available today http://bit.ly/s9408.
Here is a LIST OF HOMES for Sale in Sunnyvale. Please feel welcome to contact Jeni Pfeiffer for more information. Continue reading
Boasting the BEST penthouse at “The 88” with the largest sky deck 88 EAST SAN FERNANDO STREET,#2101, San Jose featuring 1,488 s.f. 2 Bedrooms & 2 Baths closed escrow this week selling for a whopping $2,200,000!
The ’88” Sky Deck $2.2M_Courtesy Agent Adriana Plut of Alain Pinel Realtors
The views from “The 88” sky deck and outside living, on top of the world, are truly unparalleled and stunning. The listing agent for this property was Adriana Plut of Alain Pinel, and the buyer’s Agent was Kyle Else of Keller Williams – Palo Alto. Congratulations!
CLICK HERE for the MLS listing w/photos and information.
Courtesy Tony Guaraldi Aug. 8, 2014
There are a few industry changes that we’ll discuss today including how Fannie Mae will treat people with a Short Sale in the past and a new FICO scoring model that will be implemented this fall. The new FICO scoring model 9 will help many consumers with collections to improve their credit score and we’ll cover all the details on this.
CLICK HERE for the Best Mortgage Rates today.
First on the Short Sale/Pre-Foreclosure waiting time for borrowers who wish to buy another home after this derogatory event. The current rule for Fannie Mae are that if the borrower puts 20% down payment the waiting time to buy or refinance after a Short Sale is two years. Continue reading