Housing Boost From Foreign Demand?
© Sergey Ilin – Fotolia.com A bill being proposed in hope to boost housing from foreign demand. It will benefit foreign citizens looking to invest in the US real estate market and better yet, it comes with a visa good for three years. Proposed and co-sponsored by Charles Schumer (D-N.Y.) and Mike Lee (R.-Utah), if approved, this bill would grant a U.S. visa to international investors who... [Read more...]
Palo Alto Real Estate Market Update – September 2011 – Homes For Sale vs. Home Sold
In September 2011, the median for sale price in Palo Alto is up 18% vs one year ago and the sold price is relative flat (-1%)compared to one years ago. The inventory of houses for sale under $1.5M is very limited, and there are slightly more choices for homes in the $2M and above range. Overall, the supply has decreased dramatically (-46%) compared to one year ago. Supply usually goes up in September... [Read more...]
2011 Tax Tips for Palo Alto Menlo Park Home Owners
It’s the time of year we all dread… time for your 2010 tax filings. I want to share with you some basic tax tips all Palo Alto Menlo Park home owners should consider before filing their taxes. Contact a tax expert. My motto is always, if in doubt, contact a tax expert. There’s no way around it; taxes are complicated. While some don’t want to spend their money on tax experts, I’ve... [Read more...]
San Mateo County Real Estate Market Update – Feburary 2011
Prices for single family, re-sales homes in San Mateo County, fell for the fourth month in a row January, year over year. The median price was off 8.7% compared to last January. This is after eleven straight months of price appreciation. The average price dropped 5.3% year over year, after appreciating fifteen out of the past sixteen months. The complete report with city by city breakdown is available... [Read more...]
Santa Clara County Real Estate Market Update – Feburary 2011
Prices Continue to Decline Price for single-family, re-sales homes in Santa Clara County fell for the third month in a row in January, both month-over-month and year-over-year. The median price was off 0.4% year-over-year, while the average price dropped 1.4%. This is after thirteen straight months of price appreciation. [Read more...]
Santa Clara County Real Estate Market Update – June 2010
Median Price for Santa Clara County Homes Continues to Rise The median price for homes for sale in Santa Clara County increased to $645,000 from $550,250 a year ago. The average home price is up 16% as well to $785,447. Days of Inventory has decreased again this month. The number of days of inventory is the number of days it would take at the current rate of sales to sell every house on the market.... [Read more...]
Palo Alto Real Estate Market Update – June 2010 – Homes for Sale Vs. Homes Sold
Palo Alto Median For Sale and Median Homes Sold – June 2010 In June 2010, the Palo Alto real estate market continued its trend in a positive direction. The Median price of homes for sale in Palo Alto was up 2% over one year ago to $1,599,000. The median price of all single family homes sold also showed in increase over the previous year, up 4% from $1,400,000 to $1,461,000. Palo Alto Real Estate... [Read more...]
How Proposition 60 & Proposition 90 Affect Palo Alto Homeowners
From the Silicon Valley Association of Realtors: Proposition 60 In 1986, California voters passed Proposition 60 that amended the State Constitution to allow property owners over the age of 55 years old to move within their current county and keep their property tax base assessment from their original property. This law gave relief to seniors who moved from paying higher basic property taxes. Proposition... [Read more...]
About Gwen
Gwen brings extensive marketing experience, negotiation skill and comprehensive customer service to Keller Williams. Gwen specializes in working with buyers and sellers in Atherton, Menlo Park, Palo Alto, Los Altos, Mountain View, Redwood City and other Peninsula cities. Her client base ranges from first time buyer, investors, and people who wish to trade up or downsize.Free Email Updates
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