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Palo Alto, CA Real Estate News

By Bob & Leilani Souza, Greater Sacramento Area Homes, Land & Investments
(Souza Realty 916.408.5500)
Ning Appathon [Open Social] competition, Ning Developer Network - Ning, Inc. - Palo Alto, CA Ning, Inc. (a social network platform developer) hosted a Ning Appathon kickoff event on Thursday, November 5, 2009 at 6:00pm at their offices in downtown Palo Alto, California. For those of you who are unfamiliar with Ning, their platform allows people to create their own social networks for free in exchange for advertising and branding by Ning (most of which can be removed by paying a monthly fee). My first Ning social network can be found at CaneCorso.com. From the Ning Developer Network: What: The Ning Appathon is a week-long OpenSocial development competition with prizes for both original and ported applications. Where: The competition is open to participants worldwide. All entries must be ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 11-03-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   86 Active listings 56  Pending sales So, active listings continue to decrease. Pending sales are also down a little, but not as much as active listings have decreased. Here are the interesting numbers for this week: Under 2 million: Active 59  Pending 45  a great ratio! Over 2 million 27 active and 11 pending  which on the face is not bad but there is more: Over 2.6 million: 20 active listings and ZERO pending sales.  This will probably change in the next week, but the pattern of the upper end of the market being slow has not changed. 2 million t 2.6 million:  7 active listings  11 pending sales...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 10-25-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   93 Active listings 61  Pending sales What does this mean? Inventory has decreased again, down to a more favorable number for sellers, especially in the under 1.5 mil range, and pending sales are up. To me the big news is that between Sept. 1, 2009 and Oct 10, 2009 there were 43 single family home sales on MLS. Of these, three homes sold over $2,000,000 and 40 sold under $2,000,000. That is not good news for sellers in the over 2 million market. That segment has a long way to go before we see any real recovery. However, as of today there are 8 pending sales between $2,089,000 and $2,198,000 which...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 10-13-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   102 Active listings 55  Pending sales What does this mean? After a big increase in inventory after Labor Day the inventory has decreased again down to a more favorable number for sellers, especially in the under 1.5 mil range. To me the big news is that between Sept. 1, 2009 and Oct 10, 2009 there were 43 single family home sales on MLS. Of these three homes sold over $2,000,000 and 40 sold under $2,000,000. That is not good news for sellers in the over 2 million market. That segment has a long way to go before we see any real recovery. •·                            If you are interested in find...
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By HR Dadgar
(American Dream Realty)
Palo Alto Home Commission Rebate $52950 Overview Maps Photos Description Market Stats IDX Search $5,295,000 Single Family Home For Sale Main Features 5 Bedrooms4 BathroomsInterior: 5150 sqftLot: 0.38 acre(s) Location 1030 Hamilton AvPalo Alto, CA 94301 HR Dadgar American Dream Realty (510) 395-1267 hr@adrealty.us http://www.fremontagents.com Our recent listings Palo Alto Home Commission Rebate $52950Mountain View Home Commission Rebate $13950San Carlos Home Commission Rebate $13850Millbrae Home Commission Rebate $17980Belmon Home Commission Rebate $12998 Subscribe to our listing feed See more Palo Alto, CA real estate for sale
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  2061 Webster St   Palo Alto   6+   4+  113   36   4,136   $846.23   7,150   $3,699,000   9   $3,500,000    1135 Greenwood Av   Palo Alto   5   4+  87   27   3,800   $851.32   7,750   $3,525,000   4   $3,235,000    455D Forest Av   Palo Alto   4   3 1/2  55   7   2,412   $953.57   2,389   $2,388,000     $2,300,000    943 Bryant St   Palo Alto   5   3  20   36   2,648   $732.63   5,600   $1,995,000   105   $1,940,000    4260 Wilkie Wy   Palo Alto   6+   4+  300   23   3,400   $552.94   8,712   $2,100,000   1   $1,880,000    160 Island Dr   Palo Alto   4   2  166   8   2,746   $662.78   10,500   $1,995,000   58   $1,820,000    305 Iris Wy   Pa...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 09-29-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   107 Active listings 51  Pending sales What does this mean? After a big increase in inventory after Labor Day the inventory has decreased by 10 and the pending sales have increased by 8. This is not because of long escrows because the average length of escrow in the last 3 months is 29 days. This is because there are so few short sales and bank owned properties in Palo Alto. These sales are the ones that take so long to close. The middle section of the market, homes listed between $900,000 and $1,500,000 are the ones with the most activity and offers.  In this segment there are 40 active listings...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 09-16-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   115 Active listings 43  Pending sales What does this mean?  There was a huge increase in inventory last week. The PA broker's tour was the biggest it had been all year. This may be a fluke as many people do not put their homes on the market in August so the first week after Labor Day has a lot of pent up sales. I will know more next week to see how the pending sales are doing. Are they still brisk or is there a slow down. Also it will be interesting to see how many new listings come on the market in the next 2 weeks If we continue to see huge increases then the gains in the market we saw over th...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 09-06-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   86 Active listings 50  Pending sales What does this mean? The inventory of active listings continues to decrease, and the pending sales continue to increase. I think that we are experiencing significant change in the under 2 million dollar market. We have seen a number of multiple offers in Palo Alto and I think by Sept we may start to see that there is an up tick in the prices in the lower than 2 million dollar market. •·                            If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  Address City Beds Bath DOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD                        450 N California Av   Palo Alto   4   3  44   34   3,000   $866.67   8,400   $3,050,000   72   $2,600,000    730 Ashby Dr   Palo Alto   4   2 1/2  5   30   3,125   $704   7,150   $2,250,000   25   $2,200,000    3110 Bandera Dr   Palo Alto   4   3 1/2  161   28   3,943   $507.23   43,560   $2,499,000   35   $2,000,000    4272 Suzanne Dr   Palo Alto   4   3  36   39   2,568   $737.93   7,100   $1,998,000   16   $1,895,000    165 Hawthorne Av   Palo Alto   3   2 1/2  138   39   2,070   $850.24   4,056   $1,798,000     $1,760,000    1382 Forest Av   Palo Alto   1   1  60   7   2,071   $784.65   8,292   $1,695,000   68   $1,625,000    624 Wellsbury Wy   Palo Alto   4   2 1/2  49   ...
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By Terre Pruitt
(Terre Pruitt)
You've heard of a jam session, right?  Where a group of musicians get together and play--just jamming.  Well, we are having a Nia Jam session.  A group of teachers are getting together and we are going to teach.  It will be fabulous.  A sampling of different routines and different teachers.  Join us:Saturday, August 1, 2009  -  1:00 pm to 3:00 pm Stanford University Campus$15 or free to Stanford Aerobic and Yoga pass holders.Need more information?  Call me, Terre Pruitt at 408-564-2649 or send me an e-mail terre@HelpYouWell.com or visit my website:  http://www.helpyouwell.com/niaevents.htmlSee you there!
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By Todd Beardsley, 1% Buyer Commission Rebate
(Menlo Atherton Realty)
The Palo Alto Sanitation Company has issued a notice that: “Beginning July 1, 2009, standard garbage collection service will be curbside. Back/side yard garbage collection service will be available for an additional monthly subscription fee.” Many Palo Altans are irked about the situation, since it would mean either additional expenses for what used to be a complimentary service or curbsides strewn with garbage every morning. On top of the garbage collection service, Palo Altans have one more thing to worry about. The Palo Alto City government has come up with a proposal to turn over the ownership of some of the city’s sewer pipes to its residents. The main objective of handing over the responsibility to residents is so the city can save up on claims and lawsuits that are related to sew...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 07-26-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   121 Active listings 33  Pending sales What does this mean? The inventory of active listings decreased by 1 and pending sales decreased by 3.  This is virtually unchanged from last week when there was a huge decrease in pending sales. The fact that pending has stayed stable is a good sign. The over 2 million market has 37  active listings and 7 pending sales which is pretty much the same as last week with only a decrease of 3 in active listings and the same number of pending . Under 2 million there are 84 active listings and 33 pending sales, which is slightly better than last weeks numbers. My g...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 07-19-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   122 Active listings 36  Pending sales What does this mean? The inventory of active listings increased by 4 and pending sales decreased by 21. That is a big decrease over 2 weeks and may indicate a slowing of the market, or it is possible that it may be a reflection of the ability of banks to close escrows a little faster than they had been able to earlier in the year. I will know more after a few more weeks. If the inventory increases then it is because of a slow down. The over 2 million market took a hit  with 40 active listings and 7 pending sales which is not as good as in the last 2 months ....
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 07-05-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   112 Active listings 50  Pending sales What does this mean? The inventory of active listings decreased by 6 and pending sales are decreased by 7.  The ratio of active to pending is not changing much but since this was a holiday week-end there were not a lot of new listings. Again, the over 2 million market is holding on with 37 active listings and 14 pending sales which is almost unchanged from June 7th and June 26th . Under 2 million there are 75 active listings and 36 pending sales, putting the ratio at little less  than  to 1 to 2 which is not changing much this month.  Overall, things are bet...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mantra Restaurant: The Best Deal in Town   Last August I wrote a post describing the deliciousness that is Mantra Restaurant (check that out here). For those of you who haven't yet tried it, you no longer have any excuse. Everyday in the Daru Lounge (a comfortable seating area adjacent to the main dining room) Mantra offers two ridiculously inexpensive happy hour specials.  The first is from 4:30 to 6:30PM, and it's 50% off the entire menu--that means half-priced wines, cocktails, and food. The second happy hour starts at 9:30, and it offers a 25% discount, again on everything.  If you're having trouble believing this, click here for the restaurant's website. Don't miss the drool-worthy menus.  According to rumors circulating through yelp reviews, Mantra's shocking happy hour discounts ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 07-05-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   112 Active listings 50  Pending sales What does this mean? The inventory of active listings decreased by 6 and pending sales are decreased by 7.  The ratio of active to pending is not changing much but since this was a holiday week-end there were not a lot of new listings. Again, the over 2 million market is holding on with 37 active listings and 14 pending sales which is almost unchanged from June 7th and June 26th . Under 2 million there are 75 active listings and 36 pending sales, putting the ratio at little less  than  to 1 to 2 which is not changing much this month.  Overall, things are bet...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  The gargantuan IKEA store in East Palo Alto should be a go-to place for anyone seeking inexpensive stylish furniture for their home or rental. Even if you're just after a replacement sofa or a new bedside table, Ikea's got a huge selection, and the prices are low enough to make it worth the hassle of dealing with the store's admittedly stressful checkout experience. The store is designed with shoppers in mind. There's a restaurant (open from 9:30-8PM) featuring Swedish meatballs with lingonberry sauce for five dollars (a must-have for any true IKEA adventure), pasta dishes, cinnamon buns, and 99 cent mix-and-match kids menu (organic applesauce and mac&cheese are among the offerings). In the mornings there's often a long line for the 99 cent breakfasts of eggs, Swedish potatoes, and ba...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto Ca Single  Family Home Market Update 06-27-09 •·                            As of today this is the snapshot of the Palo Alto single family home market:   118 Active listings 57  Pending sales What does this mean? The inventory of active listings decreased by 7 and pending sales are decreased by 1.  We are now getting even closer to a 1 to 2 ratio which is pretty good. During 2006 we were at 1 to 1. Again, the over 2 million market is holding on with 38 active listings and 14 pending sales which is almost unchanged from June 7th. . Under 2 million there are 80 active listings and 43 pending sales, putting the ratio at little better than  to 1 to 2 which is definitely improving.  Overall, things are a little better than they were a few months ago, ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
•·                            Palo Alto  Single Family Home Market Update 06-07-09 As of today this is the snapshot of the Palo Alto single family home market:   125 Active listings 58  Pending sales     What does this mean? The inventory of active listings decreased by 9 and pending sales are decreased by 2. . We are now getting even closer to a 1 to 2 ratio which is pretty good. During 2006 we were at 1 to 1. Again, the over 2 million market is a little better with 42 active listings and 13 pending sales which is almost unchanged from last week. Under 2 million there are 83 active listings and 45 pending sales, putting the ration at little etter than  to 1 to 2 which is definitely improving.  Overall, things are a little better than they were a few months ago, and even better than a f...
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