palo alto real estate: The Palo Alto Real Estate Market - Where is it headed? - 09/08/07 02:52 AM
Palo Alto Real Estate Market - Where is it headed? We all want to know!
As the national real estate market continues to exhibit signs of a meltdown, we in the local SF Mid Peninsula Real Estate Market still survey a scene where the only pandemonium to be seen is the continued frenzy over some local real estate offerings. To be sure, the number of active listings is up over the last couple of months, but come on. This is the beginning of the fall selling season. Palo Alto Inventories are still remarkably low. They have been hovering in the 30s (for … (2 comments)
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palo alto real estate: Equity Sharing to Achieve Affordable Housing? What is your Experience? - 08/30/07 01:16 PM
Affordable Housing - Equity Sharing
I recently started work on a pro-bono consulting project sponsored by Stanford's ACT (Alumni Consulting Team) and focused on improving availability of affordable housing. Specifically, the objective is to develop a program for people in the 80-120% of AMI (Area Median Income) category to buy a home. It turns out that the price of housing, particularly where I am in the SF Mid Peninsula area in California, makes housing particularly unaffordable.
After some weeks, we are zeroing in on shared equity as a way of achieving the objective. Conceptually, we would plan to raise a pool of money … (4 comments)
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