Santa Clara Ca Real Estate Market Update 5/5/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 40 single family Santa Clara homes for sale, up from 32 last week.

There are currently 20 Santa Clara town homes/condos for sale, down from 21 last week.

There are currently 60 pending sales of Santa Clara single family homes, down from 62 last week.

There are currently 42 pending sales of Santa Clara town homes/Condos, up from 41 last week.

In April of 2013 there were 39 single family Santa Clara homes sold, 3 less than the number in March.,  ranging in price from $540,000 to $1,250,000. This shows an increase in price range of 10% for the lowest priced home sold. The highest is the same as March.

In April of 2013 there were 27 Santa Clara Town Homes/Condos sold, only one more than in March.  They ranged in price from $225,000 to $805,000. Again the low end is about 10% higher and the high end about the same. what is more significant is that the lowest priced condo at $225,000 was a short sale so the contract date was many months earlier. The lowest priced traditonal sale was $275,000.  The lowest price traditional sale in March was $225,000. This shows over a 20% increase in the low end.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-928

Mountain View Ca Real Estate Market Update May 5 2013

There are currently 23 single family Mountain View homes for sale, up from 13 last week.

There are currently 17 Mountain View town homes/condos for sale, the same as last week.

There are currently 23 pending sales of Mountain View single family homes,  up from 24 last week.

There are currently 40 pending sales of Mountain View Town homes/Condos, up from from 34 last week.

In April, 2013 there were 18 single family Mountain View homes sold ranging in price from $705,000 to $1,900,000.  The volume was the same and the low end is about the same as Feb and March, but the high end is significantly higher..

In April, 2013  there were 32 Mountain View Town Homes/Condos sold ranging in price from $305,000 to $1,210,000. There were almost twice as many sales in April as in March, which is good, but the lowest price condo sold 10% over the lowest price in March.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

Palo Alto Ca Real Estate Market Update 5/5/2013

As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 26 single family Palo Alto homes for sale up from 24 last week.

There are currently 8 Palo Alto town homes/condos for sale, up from 5 last week.

There are currently 41 pending sales of Palo Alto single family homes, down from 44 last week.

There are currently 12 pending sales of Palo Alto Town homes/Condos, up from 11 last week.

In April of 2013 there were 46 single family Palo Alto homes sold, about 50% more than in March. The prices ranged from $1,050,000 to $10,000,000. No homes under a million is significant.

In April of 2013 there were 9 Palo Alto Town Homes/Condos sold, down 3 from March.  The prices ranged from $785,000 to $1,350,000. This is a high starting price point for condos as well. 

The inventory is just slighly better than last week.  We have a long ways to go to get into the 40's by May which makes me believe my expectation of an increase in inventory in the late spring/early summer may not happen. If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

Expand Your Silicon Valley Horizons, Buy In Los Gatos, Ca

The market is crazy, inventory is at historic lows all over the Silicon Valley. Over 95% of all homes in Santa Clara County recieve multiple offers. Prices are increasing due to high demand from high employement. 

Despite this craziness there are still some wonderful places to live where the chances of having your offer accepted are higher than in other places. Los Gatos is one of those towns. The shcools are great, the down town area is fun, the views of the mountains are beautiful, and the freeway access is good.

Homes in Los Gatos vary from historic Victorians, mid century ranches, craftman style cottages, to new construction. there is something for everyone. The good news is that even though prices are on the rise in Los Gatos, you can still buy a home for just a little over asking price in most cases. In the month of April the average list to sales price ratio was just under 102%.

This compares very favorably to Palo Alto where the list price to sales price ratio in April was over 112%

So, if you want to buy a home in the Silicon Valley, are frustrated by the amount over asking price that homes are going for, and want a wonderful community then maybe you should take a look at buying a home in Los Gatos.

If you have any questions about buying or selling a home in Los Gatos please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

DRE 01191194

650-619-9285

How To find Your Dream Home In Palo Alto In a Seller's Market

Anyone shopping for a home in Palo Alto knows that it is a seller's market. The inventory is low, and there are a lot of other buyers out there looking for the perfect home at a great price.

 

 The market is still active and you may only have a week to find a home, make a decision about whether you want to make an offer, and then try to make a strategy to make the offer for your dream home in Palo Alto.

 

This fast paced real estate market in Palo Alto can cause a great deal of stress and angst. Feeling pressure to make quick decisions can be frightening. Loosing offers on homes can be frustrating. 

 

I can't tell you what home deserves your offer, or how much it will take to for sure get your dream home in Palo Alto, but I can give you a little perspective that will helpfully help bring down the stress level while buying a home in Palo Alto.

 

When you find the right house you will know it and it will not be a huge struggle to make a decision. You will want that house, and be willing to do what you are capable of doing to get that home in Palo Alto. However, in order to get that feeling you need to have an open mind about the homes you go to see in Palo Alto. For example homes near Alma will almost always have noise, but there may be a house that is so good for you in many other ways so that noise from the road or train is less important than at a house that isn't "your house"  If you find a home in down town Palo Alto the lot may be very small or the house may be smaller than homes in other areas, but if it is "your house" you will know it. So, in the end, it does not really matter why you reject a house, or if you reject one home and pick another home that has the same problem. If it is "your" house you will know it.

 

So go see everything for sale in Palo Alto in your price range. Don't rule a house in or out because of pictures on the internet or where it is on the map. Keep an open mind, don't worry about rejecting or losing a home, another one will come along. Try to stay calm and relaxed, and when the right home comes along, make a great offer and act like you want to buy this house in Palo Alto. If you don't REALLY want to buy it, don't, but if you do then be willing to meet or exceed the seller's expectations.

How to find Your Dream Home in Los Gatos In A Seller's Market

Anyone shopping for a home in Los Gatos knows that it is a seller's market. The inventory is low, and there are a lot of other buyers out there looking for the perfect home at a great price.

Here's the good news, you can get more for your money in Los Gatos than other Silicon Valley cities like Los Altos or Palo Alto. However, the market is still active and you may only have a week to find a home, make a decision about whether you want to make an offer, and then try to make a strategy to make the offer for your dream home in Los Gatos.

This fast paced real estate market in Los Gatos can cause a great deal of stress and angst. Feeling pressure to make quick decisions can be frightening. Losing offers on homes can be frustrating.

I can't tell you what home deserves your offer, or how much it will take to for sure get your dream home in Los Gatos, but I can give you a little perspective that will hopefully help bring down the stress level while buying a home in Los Gatos.

When you find the right house you will know it and it will not be a huge struggle to make a decision. You will want that house, and be willing to do what you are capable of doing to get that home in Los Gatos. However, in order to get that feeling you need to have an open mind about the homes you go to see in Los Gatos. For example homes near Los Gatos Boulevard will almost always have noise, but there may be a house that is so good for you in many other ways so that noise from the road is less important than at a house that isn't "your house." If you find a home in down town Los Gatos the lot may be very small or the house may be smaller than homes in other areas, but if it is "your house" you will know it.

So go see everything for sale in Los Gatos in your price range. Don't rule a house in or out because of pictures on the internet or where it is on the map. Keep an open mind, don't worry about rejecting or losing a home, another one will come along. Try to stay calm and relaxed, and when the right home comes along, make a great offer and act like you want to buy this house in Los Gatos. If you don't really want to buy it, don't, but if you do then be willing to meet or exceed the seller's expectations.

If you have any questions about buying or selling a home in Los Gatos please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

DRE 01191194

650-619-9285

So, in the end, it does not really matter why you reject a house, or if you reject one home and pick another home that has the same problem. If it is "your" house you will know it and you still have plenty of time to find it.

Santa Clara Ca Real Estate Market Update 4/29/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 32 single family Santa Clara homes for sale, the same as last week.

There are currently 21 Santa Clara town homes/condos for sale, up from 18 last week.

There are currently 62 pending sales of Santa Clara single family homes, up from 61 last week.

There are currently 41 pending sales of Santa Clara town homes/Condos, up from 35 last week.

In March of 2013 there were 42 single family Santa Clara homes sold, over twice the number in Feb.,  ranging in price from $465,000 to $1,250,000. This shows an increase in price range from Feb.

In March of 2013 there were 28 Santa Clara Town Homes/Condos sold, 30% more than in Feb.,  ranging in price from $200,000 to $793,000. This price range is not much different than in Feb.

These numbers are a little higher than last week with the pending sales higher showing continued activity. I still expect even more increase in inventory, but possibly not til late spring or early summer till we see a significant difference.  

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-928

Mountain View Ca Real Estate Market Update 4/29/2013

There are currently 13 single family Mountain View homes for sale, down from 15 last week.

There are currently 17 Mountain View town homes/condos for sale, down from 19 last week.

There are currently 24 pending sales of Mountain View single family homes,  up from 23 last week.

There are currently 34 pending sales of Mountain View Town homes/Condos, up from from 27 last week.

In March, 2013 there were 18 single family Mountain View homes sold ranging in price from $675,000 to $1,195,000, about the same range as Feb.

In March, 2013  there were 29 Mountain View Town Homes/Condos sold ranging in price from $275,000 to $1,250,000.

These numbers are still low and worse than last week. I still expect a bigger increase in inventory, but possibly not til late spring or early summer til we see a significant difference. Palo Alto and Santa Clara both saw more sales in March than Feb., but not Mountain View. This is not a great sign, but I am still hopeful. 

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

Palo Alto Ca Real Estate Market Update 4/29/2013

As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 24 single family Palo Alto homes for sale down from 30 last week.

There are currently 5 Palo Alto town homes/condos for sale, down from 11 last week.

There are currently 44 pending sales of Palo Alto single family homes, down from 45 last week.

There are currently 11 pending sales of Palo Alto Town homes/Condos, up from 6 last week.

In March of 2013 there were 28 single family Palo Alto homes sold, twice as many as in Feb.,  ranging in price from $859,000 to $7,650,000. This is a much broader price range than in Feb as well.

In March of 2013 there were 12 Palo Alto Town Homes/Condos sold, 3 times as many as in Feb.,  ranging in price from $430,000 to $1,600,000. This is also a much broader price range than in Feb. 

The inventory has tanked in both single family homes and condos.  We have a long ways to go to get into the 40's by May which makes me belive my expectation of an increase in inventory in the late spring/early summer may not happen. If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

Santa Clara Ca Real Estate Market Update 4/20/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 32 single family Santa Clara homes for sale, down from 36 last week.

There are currently 18 Santa Clara town homes/condos for sale, down from 19 last week.

There are currently 61 pending sales of Santa Clara single family homes, up from 56 last week.

There are currently 35 pending sales of Santa Clara town homes/Condos, up from 33 last week.

In March of 2013 there were 42 single family Santa Clara homes sold, over twice the number in Feb.,  ranging in price from $465,000 to $1,250,000. This shows an increase in price range from Feb.

In March of 2013 there were 28 Santa Clara Town Homes/Condos sold, 30% more than in Feb.,  ranging in price from $200,000 to $793,000. This price range is not much different than in Feb.

These numbers are lower than last week but the pending sales are higher showing continued activity. I still expect even more increase in inventory, but possibly not til late spring or early summer till we see a significant difference.  

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-928

Mountain View Ca Real Estate Market Update 4/20/2013

There are currently 15 single family Mountain View homes for sale, up from 13 last week.

There are currently 19 Mountain View town homes/condos for sale, up from 14 last week.

There are currently 23 pending sales of Mountain View single family homes,  the same as last week.

There are currently 27 pending sales of Mountain View Town homes/Condos, up from from 27 last week.

In March, 2013 there were 18 single family Mountain View homes sold ranging in price from $675,000 to $1,195,000, about the same range as Feb.

In March, 2013  there were 29 Mountain View Town Homes/Condos sold ranging in price from $275,000 to $1,250,000.

These numbers are still low but better than last week. I still expect a bigger increase in inventory, but possibly not til late spring or early summer til we see a significant difference. Palo Alto and Santa Clara both saw more sales in March than Feb., but not Mountain View. This is not a great sign, but I am still hopeful. 

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

Palo Alto Ca Real Estate Market Update 4/20/2013

As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 30 single family Palo Alto homes for sale down from 33 last week.

There are currently 11 Palo Alto town homes/condos for sale, up from 7 last week.

There are currently 45 pending sales of Palo Alto single family homes, up from 40 last week.

There are currently 6 pending sales of Palo Alto Town homes/Condos, the same as last week.

In March of 2013 there were 28 single family Palo Alto homes sold, twice as many as in Feb.,  ranging in price from $859,000 to $7,650,000. This is a much broader price range than in Feb as well.

In March of 2013 there were 12 Palo Alto Town Homes/Condos sold, 3 times as many as in Feb.,  ranging in price from $430,000 to $1,600,000. This is also a much broader price range than in Feb. 

This is a decrease in single family homes for sale since last week, but an increase in condos. We have a ways to go to get into the 40's by May which will make me correct in my expectation of an increase in inventory in the late spring/early summer.If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

Menlo Park Personal Representative: Have Your Probate Home Inspected

If you are a Personal Representative for a Menlo Park Probate Sale I am sure you are overwhelmed with all of your responsibilities. It is not an easy job! You may be charged with selling a home or condo in Menlo Park in Probate. If so, this a a great time to be doing that. However, even in a strong seller's market, you have to do whatever you can to get the best offer for the Menlo Park Ca Probate estate.

One of the most important things you can do right now is to get the Menlo Park probate home fully inspected before you put it on the market. It may seem as if you are spending money on inspections that could be spent by the potential buyer. After all, the buyer of the Menlo Park Probate home you are selling has to buy it "As -Is" so the estate will not be making any repairs anyway.

This is a common mistake that many Personal Representatives of Menlo Park Probate homes who are not from this area make. While it is true that the estate will not be making any repairs, it is also true that most buyers in this area are very familiar with how most Menlo Park sellers market their homes. The inspections are done ahead of time and most of the offers will be non contingent on an evaluation of the property condition. They are comfortable with the condition, and once their offer is accepted you have a done deal. If you do not do the inspections before putting the Menlo Park Probate home on the market, you could very easily end up with a buyer who wants to renegotiate the price or a sale that falls through. This can be very problematic if there are expenses involved in holding the home before it sells. These could include mortgages, taxes, insurance, lawn care, etc. If the estate is cash poor and house rich, which many Menlo Park Probate homes are, it can be very complicated to find the money in a delay.

Personal Representatives: Have Your Palo Alto Probate Sales Inspected

If you are a Personal Representative for a Palo Alto Probate Sale I am sure you are overwhelmed with all of your responsibilities. It is not an easy job! You may be charged with selling a home or condo in Palo Alto in Probate. If so, this a a great time to be doing that. However, even in a strong seller's market, you have to do whatever you can to get the best offer for the Palo Alto Ca Probate estate.

One of the most important things you can do right now is to get the Palo Alto probate home fully inspected before you put it on the market. It may seem as if you are spending money on inspections that could be spent by the potential buyer. After all, the buyer of the Palo Alto Probate home you are selling has to buy it "As -Is" so the estate will not be making any repairs anyway.

This is a common mistake that many Personal Representatives of Palo Alto Probate homes who are not from this area make. While it is true that the estate will not be making any repairs, it is also true that most buyers in this area are very familiar with how most Palo Alto sellers market their homes. The inspections are done ahead of time and most of the offers will be non contingent on an evaluation of the property condition. They are comfortable with the condition, and once their offer is accepted you have a done deal. If you do not do the inspections before putting the Palo Alto Probate home on the market, you could very easily end up with a buyer who wants to renegotiate the price or a sale that falls through. This can be very problematic if there are expenses involved in holding the home before it sells. These could include mortgages, taxes, insurance, lawn care, etc. If the estate is cash poor and house rich, which many Palo Alto Probate homes are, it can be very complicated to find the money in a delay.

The competition for Palo Alto homes and condos for sale is fierce. Buyers are willing to pay a lot of money and give you wonderful offers for your Palo Alto Probate sale, but they want to know what they are getting. If you have your Palo Alto Probate home fully inspected before it goes on the market, price it appropriately, and market it widely, you will have the best chance of getting the best offers for the estate, and therefore doing the best job you can as the Personal Representative.

If you have any questions about selling a Palo Alto home or condo in Probate please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
DRE 01191194
650-619-9285