Tag Archives: Jeni Pfeiffer

New Home Builder Sunnyvale Environmental Issues? How to research!

We received the following question and wanted to share our response with you. The same investigative process can be adapted to other new home building projects in neighboring Bay Area Cities:

We are looking to purchase a home at the new development by Summerhill homes at Las Palmas, and came across your blog when we were searching for environmental issues in new developments in Sunnyvale. Are you aware of any environmental issues with this location and any information that we should we aware of regarding soil/water contamination at this site? There used to be an auto dealership and orchards before that on this site, so we were wondering about any possible contamination. The address is 660 W El Camino Avenue, Sunnyvale, 94087.

Soil, water and environmental issues can investigated a few ways. The first step would be to visit the City of Sunnyvale Planning Department and request to view the files for the Summerhill Las Palmas project. Ask specifically about soils, water and any other required studies that were needed for submission in order to approve this development. Continue reading

Corporate Buses commute dramatically change Silicon Valley Housing – Rental and Resale

Fleets of Corporate Buses that dot clogged highways have become the concrete symbol of the dramatic expansion in the Bay Area sending rents and homes prices skyrocketing. The gentrification of neighborhoods have dramatically changed Silicon Valley real estate and rents are up as much as 43 percent within a few blocks of company transit to stops in San Francisco, according to one measure.

Google's Fleet of Commute Buses

Mountain View Google’s Fleet of Commute Buses

As Silicon Valley once spanned the short stretch from Palo Alto to  San Jose, the boundaries have expanded marketing prime real estate  as – “Walk to your private bus stop.”

“Transportation is the new status symbol” – the hulking luxury buses complete with Wi-Fi and electricity outlets “signal that you have a job and that you have one with a firm that is forward-thinking and enlightened.” “You live where you want to live, we’ll get you to work,” stated Kevin Mathy, Google’s transportation manager, describing the Internet search giant philosophy. That simple goal has become an economic force.

CLICK HERE for an excellent article by Michelle Quinn, San Jose Mercury News.

N.Y. investors snap up San Francisco’s sprawling Parkmerced complex

Courtesy Marlize van Romburgh

N.Y. investors snap up San Francisco’s sprawling Parkmerced complex 152-acres. Plans for redeveloping to 8,900 units.

A group of New York investors has purchased a majority stake in Parkmerced, the sprawling housing complex on San Francisco’s West Side that is slated for a multibillion-dollar revitalization, in a deal that values the property at more than $1.3 billion, the Wall Street Journal reported.

Park Merced Completion

Park Merced Completion

The property currently has 3,221 units. Plans call for redeveloping it into 8,900 units, with a groundbreaking slated for 2015 or 2016. Parkmerced is located in one of the city’s less-dense neighborhoods, an appealing fact for developers as rents and demand soar.

CLICK HERE for the full article.

200,000 housing units in Bay Area pipeline. Is it enough to move the needle?

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

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.

855 Homes for Sale in San Jose today!

LIVE IN & enjoy Silicon Valley! 855 Homes for Sale in San Jose today!

Homes for Sale in San Jose_Jeni Pfeiffer

Homes for Sale in San Jose_Jeni Pfeiffer

Quick Search: BRE#01709666

Silicon Valley Market Shows Sharp Year-Over-Year Median Price Increase

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

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

November Issue of Enjoy Magazine

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

Enjoy Magazine Nov. 2014 Courtesy Jeni Pfeiffer

Phenomenal Mortgage Rates for Silicon Valley Oct 10_2014

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

Old Palo Alto Real Estate still VERY HOT! $3M for tiny home

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

“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

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

Homes for Sale TODAY in Sunnyvale

Sunnyvale is located in the HEART of Silicon Valley in the Bay Area of CA.

Sunnyvale Homes for Sale Courtesy Jeni Pfeiffer

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