Tag Archives: Los Gatos Real Estate

OCT. 2019 SANTA CLARA COUNTY STATS

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By: Jeni Pfeiffer, Associate Broker, Realtor®

The Bay Area Real Estate currently has 2,076 ACTIVE Single Family, Townhomes and Condos listings for Sale in the Santa Clara County. OCT 2019 recorded 1,022 SOLD listings ranging from $7,500,000 (25055 La Loma Drive, Los Altos Hills 94022) to $370,000 (2454 Balme Drive, San Jose 95122), with 35 Average DOM.

OCT SOLD Volume was 18% lower than July’s recordings. The Average Close Price was $1,340,213 with 33% of the Sales selling between $700,000 – $1,000,000. The number of Listings which did not complete a Sale and changed Status to Withdrawn, Expired or Canceled was 408.

Please contact Jeni for the current real estate market trend.

Top Reasons People Want to Move

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DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 25, 2015

One in three U.S. households say they plan to move in the next five years, according to a survey conducted by the Demand Institute of 10,000 households’ current living situations. And it’s the location of the home that will be driving most of those moving decisions — more so than the physical home itself.

Seventy-five percent of the households surveyed cited one or more location-related reasons for why they were moving. The top reasons were the desire for a safer neighborhood (30%); being closer to family (27%); a change of climate (26%); being closer to work (25%), and moving for a new job (23%).

Top Reasons People Want to Move_Location

Top Reasons People Want to Move_Location

More than half — 59 percent — of households say they don’t plan to go too far, with most indicating a move within 30 miles of their current home.

For those seeking a location for climate reasons, the Western and Southern U.S. continue to be the top destinations. Continue reading →

Leafy Mature Trees Add Premium to Real Estate Value

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Like an ocean view or a Park Avenue address, majestic old-growth trees have become invaluable commodities in luxury real estate. Inspired by their sculptural beauty,

Leafy Mature Trees add Premium Value to Real Estate

Leafy Mature Trees add Premium Value to Real Estate

architects are designing or remodeling entire homes around them. High-end developers—once known for stripping tracts of land to the dirt and planting saplings after construction—are now calling off the bulldozers.

“You can’t go out and buy a 50- or 75-year-old oak tree,” said Jack Perkins, vice president of Elm Street Development, a residential developer in Washington, D.C. Elm Street bought an 8½-acre estate near Georgetown to build 1801 Foxhall, a community of 27 multimillion-dollar homes. Before breaking ground on the project, the developer dispatched an arborist to catalog and evaluate every mature spruce, sycamore and poplar tree.

CLICK HERE or http://bit.ly/leafyRE for the article by AMY GAMERMAN Wall Street Journal

Bay Area home sales great for sellers, tough on buyers

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“Bay Area Housing – Hopeful buyers face big hurdles – Low inventory drives up prices shutting out midlevel shoppers”

Courtesy Pete Carey – June 12, 2014

The Bay Area’s housing market stumbled in May — prime home-buying season — as high prices and low inventory held real estate sales well below normal levels, according to a report Thursday.

Sales of single-family houses were down from the same month last year in the East Bay, Peninsula and South Bay, while prices were up, according to real estate information service DataQuick, which released the report. Prices for all types of homes were at their highest since November 2007 in the nine-county Bay Area.

CLICK HERE for the full Mercury News article.

 

Oct 18 GREAT Rates and Mortgage Update

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Jeni Pfeiffer Intero presents mortgage update courtesy Tony Guaraldi:  As we mentioned the last couple weeks Bonds are trading between the 100 and 200 day moving average right now and that trend continued this week as expected. CLICK HERE for the Oct 18, 2013 Mortgage Rate Sheet. Continue reading →