palo alto homes for sale: How To find Your Dream Home In Palo Alto In a Seller's Market - 05/03/13 06:34 AM

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 … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 4/29/2013 - 04/29/13 04:11 AM
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 … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 4/20/2013 - 04/20/13 06:46 AM
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 … (0 comments)

palo alto homes for sale: Palo Alto Real Estate Update 4/13/2013 - 04/13/13 10:11 AM
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 33 single family Palo Alto homes for sale up from 27 last week.
There are currently 7 Palo Alto town homes/condos for sale, up from 5 last week.
There are currently 40 pending sales of Palo Alto single family homes, down from 41 last week.
There are currently 6 pending sales of Palo Alto Town homes/Condos, down from 7 last week.
In March of 2013 there were 28 single family Palo Alto … (0 comments)

palo alto homes for sale: Palo Alto Real Estate Market Update 4/7/2013 - 04/07/13 01:12 AM
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 27 single family Palo Alto homes for sale up from 16 last week.
There are currently 5 Palo Alto town homes/condos for sale, up from 4 last week.
There are currently 41 pending sales of Palo Alto single family homes, down from 42 last week.
There are currently 7 pending sales of Palo Alto Town homes/Condos, down from 8 last week.
In March of 2013 there were 28 single family Palo Alto … (1 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 4/1/2013 - 04/01/13 12:44 AM
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 16 single family Palo Alto homes for sale down from 24 last week.
There are currently 4 Palo Alto town homes/condos for sale, down from 5 last week.
There are currently 42 pending sales of Palo Alto single family homes, up from 35 last week.
There are currently 8 pending sales of Palo Alto Town homes/Condos, the same as last week.
In March of 2013 there were 28 single family Palo Alto … (0 comments)

palo alto homes for sale: Palo Alto Real Estate Market 3/24/2013 - 03/24/13 01:06 PM
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 26 last week.
There are currently 5 Palo Alto town homes/condos for sale, the same as last week.
There are currently 35 pending sales of Palo Alto single family homes, up from 32 last week.
There are currently 8 pending sales of Palo Alto Town homes/Condos, down from 11 last week.
In Feb of 2013 there were 14 single family Palo Alto … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 3/18/2013 - 03/18/13 11:43 AM
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 18 last week.
There are currently 5 Palo Alto town homes/condos for sale, down from 5 last week.
There are currently 32 pending sales of Palo Alto single family homes, up from 31 last week.
There are currently 11 pending sales of Palo Alto Town homes/Condos, the same as last week.
In Feb of 2013 there were 14 single family Palo Alto … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 3/10/2013 - 03/10/13 01:24 PM
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 18 single family Palo Alto homes for sale down from 28 last week.
There are currently 8 Palo Alto town homes/condos for sale, the same as last week.
There are currently 31 pending sales of Palo Alto single family homes, up from 23 last week.
There are currently 11 pending sales of Palo Alto Town homes/Condos, up from 10 last week.
In Feb of 2013 there were 14 single family Palo Alto … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 3/2/2013 - 03/02/13 06:23 AM
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 28 single family Palo Alto homes for sale up from 26 last week.
There are currently 8 Palo Alto town homes/condos for sale, up from 7 last week.
There are currently 23 pending sales of Palo Alto single family homes, up from 19 last week.
There are currently 10 pending sales of Palo Alto Town homes/Condos, up from 9 last week.
In Feb of 2013 there were 14 single family Palo Alto … (2 comments)

palo alto homes for sale: Palo Alto Real Estate Market Update Feb 23,2013 - 02/23/13 01:05 AM
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 7 Palo Alto town homes/condos for sale, the same number as last week.
There are currently 19 pending sales of Palo Alto single family homes, up from 14 last week.
There are currently 9 pending sales of Palo Alto Town homes/Condos, the same as last week.
In Jan of 2013 there were 14 single family … (0 comments)

palo alto homes for sale: Palo Alto Real Estate Market Update Feb 17, 2013 - 02/17/13 12:47 PM
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 25 last week.
There are currently 7 Palo Alto town homes/condos for sale, down from 8 last week.
There are currently 14 pending sales of Palo Alto single family homes, the same as last week.
There are currently 9 pending sales of Palo Alto Town homes/Condos, up from 8 last week.
In Jan of 2013 there were 14 single family Palo … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 2/11/2013 - 02/17/13 12:41 PM
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 25 single family Palo Alto homes for sale up from 25 last week.
There are currently 8 Palo Alto town homes/condos for sale, the same number as last week.
There are currently 14 pending sales of Palo Alto single family homes, up from 12 last week.
There are currently 8 pending sales of Palo Alto Town homes/Condos, up from 6 last week.
In Jan of 2013 there were 14 single family … (0 comments)

palo alto homes for sale: Palo Alto Ca Real Estate Market Update 2/3/2013 - 02/03/13 12:56 PM
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 21 single family Palo Alto homes for sale.
There are currently 8 Palo Alto town homes/condos for sale
There are currently 12 pending sales of Palo Alto single family homes
There are currently 6 pending sales of Palo Alto Town homes/Condos
In Jan of 2013 there were 14 single family Palo Alto homes sold ranging in price from $1,999,000 to $6,500,000.
In Jan of 2013 there were 7 Palo … (1 comments)

palo alto homes for sale: Why Sell Your Palo Alto Home in Nov/ December - 11/04/12 01:02 AM
Many homeowners in Palo Alto feel that selling at the end of the year, during the holiday season is not a good idea. 
Traditional wisdom in Palo Alto real estate is:
1. The height of the selling season in Palo Alto is Feb-June so that is the best chance to make the most money.
2. There are not as many buyers at the end of the year since they are busy with holidays and family activities.
3. Life will be disrupted if they have to put their home on the market during the holidays.
I am not going to dispute this … (1 comments)

palo alto homes for sale: Palo Alto Seniors Have Many Options - 10/21/12 05:35 AM
There are many people living in Palo Alto who have been here for a long time and have a lot of equity in their homes. They may not have huge retirement income, but there is money in the value in their home if money is needed. The question is what is the best thing to do if a senior needs money? Sell, rent, reverse mortgage?
There is no correct answer. Each option has pros and cons. The first thing to do would be to speak with an accountant or financial adviser to understand the tax consequences of the different options. I … (0 comments)

palo alto homes for sale: When is a Palo Alto Loan Approval Not Really an Approval - 09/14/12 11:27 AM
I have been selling real estate Palo Alto and the the Silicon Valley for almost 18 years. I have seen a lot, but this last week was a new experience. I have a client buying a home in Palo Alto. They had a pre-approval letter, and 2 weeks ago got an approval from the bank for their loan. They were specifically told to remove their loan contingency and were given written confirmation of the terms of their loan.
We were then told that loan docs would be ready last Fri. for a Tues close. Last Fri their were no loan docs, … (2 comments)

palo alto homes for sale: Inventory Changes in Palo Alto - 06/18/12 12:42 PM
As many people know the inventory of homes for sale in Palo Alto has been at historic lows. For most of the year there were somewhere between 30 and 34 homes on the market at any given time. Today there are 54 and it has been running between 50 and 60 for the last few weeks.
So what happened?
Well, it seems to me what happened is that after 5 straight months of multiple offers and appreciating prices more owners decided they would sell their homes. I am sure more than a few decided that doing this at the time of … (0 comments)

palo alto homes for sale: When Should A Buyer Do a Walk Through of a Palo Alto Home? - 05/27/12 11:25 AM
 

A buyer's final walk through of the home they are purchasing in Palo Alto can be done anytime before closing. It is ideal if it can be done after the seller has moved out, but not essential, and sometimes that is not possible.
The purpose of the walk through is to make sure the home is in a similar condition as when you made the offer. You want to make sure that nothing new has happened and that nothing new is broken. It is not a contingency of closing. So for example, if the stove has broken, you would … (1 comments)

palo alto homes for sale: What To Do When The Accepted Palo Alto Home Offer Does Not Appraise - 05/26/12 10:40 AM
 
This is a common problem. The market is appreciating and homes are selling for more now than they were 6 months ago. Good news for Palo Alto sellers, right?  It can be, but there are pitfalls.
 
If the offer you accept is higher than the market value of closed sales, not the ones that are pending and you know sold for $300,000 over asking, then you may run into issues if that offer is contingent on an appraisal. The appraisal will look at closed sales in the last 3-6 months, not rumors about the house around the corner.
 
(1 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

More about me…

eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

Mobile: (650) 619-9285

Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area.
Contact Me
Interested in selling your home? Contact me to get a professional estimate.
Marcy Moyer
Call: (650) 619-9285

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