Real estate blog entries tagged with palo alto real estate agent by Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

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palo alto real estate agent: Palo Alto Ca Real Estate Market Update 2/22/2014 - 02/22/14 06:10 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. Only the problem, like the drought is getting worse.

There are currently 18 single family Palo Alto homes for sale, the same as last week
.
There are currently 6 Palo Alto town homes/condos for sale, up from 6 last week.

There are currently 18 pending sales of Palo Alto single family homes up from 16 last week.

There are currently 8 pending sales of Palo Alto Town homes/Condos the same as last week.

Last week there … (3 comments)

palo alto real estate agent: Palo Alto Ca Real Estate Market Update 2/16/2014 - 02/16/14 01:22 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. Only the problem, like the drought is getting worse.

There are currently 18 single family Palo Alto homes for sale, up from 14 last week
.
There are currently 5 Palo Alto town homes/condos for sale, down from 7 last week.

There are currently 16 pending sales of Palo Alto single family homes down from 17 last week.

There are currently 8 pending sales of Palo Alto Town homes/Condos up from 6 last week.

Last week there … (2 comments)

palo alto real estate agent: Palo Alto Ca Real Estate Market Update 2/8/2014 - 02/08/14 12:15 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. Only the problem, like the drought is getting worse.

There are currently 14 single family Palo Alto homes for sale, up from 12 last week
.
There are currently 7 Palo Alto town homes/condos for sale, up from 3 last week.

There are currently 17 pending sales of Palo Alto single family homes up from 12 last week.

There are currently 5 pending sales of Palo Alto Town homes/Condos the same as last week.

Last week there … (2 comments)

palo alto real estate agent: Palo Alto Ca REal Estate Market Update 2/2/2014 - 02/02/14 02:51 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. Only the problem, like the drought is getting worse.

There are currently 12 single family Palo Alto homes for sale, down from a high of 46 last year
.
There are currently 3 Palo Alto town homes/condos for sale, down from a high of 15 last year.

There are currently 12 pending sales of Palo Alto single family homes.

There are currently 5 pending sales of Palo Alto Town homes/Condos.

Last … (2 comments)

palo alto real estate agent: I Love Living In Palo Alto - 01/03/14 11:54 PM

A cold snap is covering most of the country. I just got a message from a friend in Maryland saying it is 7 degrees this morning so he is going to the gym instead of out running. This is after a big snow storm blanketed the mid west and east coast. I love living in Palo Alto.
Today is supposed to be 73 in Palo Alto. I have to decide between going for a run/walk on the Dish at Stanford (walk the steep uphill and run the flat and downhill parts) or taking my dog to the beach at Half Moon Bay. … (2 comments)

palo alto real estate agent: Where Do Palo Alto Buyers Come From Part 3 - 12/26/13 12:37 PM

In Where Do Palo Alto Buyers Come From Parts 1 and 2 http://actvra.in/48kQ#sthash.72NoBZSb.dpuf, http://actvra.in/48hM#sthash.oRB1OcTH.dpuf I discussed the fact that 40% of buyers come from the internet and 35% come from other agents. That means that on a national basis 75% of buyers come from the internet or agents and 25% come from other sources. This blog will talk about those other sources.
On a National basis 11% of buyers will come from a yard sign. There are still people who want to buy in Palo Alto who will drive through neighborhoods looking for open houses and for sale signs. When you are selling … (0 comments)

palo alto real estate agent: Where Do Palo Alto Buyers Come From Part 2 - 12/18/13 10:51 PM

Yesterday I spoke about the internet being the major source of buyers when selling a house in Palo Alto. Today I want to discuss real estate agents.
Palo Alto real estate agents are the second largest source of providing a buyer for the home you are selling in Palo Alto. When I first became a Palo Alto real estate agent 19 years ago agents were the number one source. While Palo Alto agents are no longer the keeper of all information, they are still an important resource when you sell your Palo Alto home.
Buyers look to their agents for advice and … (0 comments)

palo alto real estate agent: Where Do Palo Alto Buyers Come From? Mostly the Internet! - 12/17/13 10:55 PM

As a Palo Alto real estate agent I am often asked by potential sellers about my marketing plan. While it is true that it is probably easier to sell a home in Palo Alto than most other places, marketing is very important. However, the type of marketing that works in today's market is not the same as the type that worked 20 years ago, and this change should be reflected in your Palo Alto agent's marketing plan.
While over 80% of buyers start their home search on the internet, 40% actually find their home on the net. This is critical! … (0 comments)

palo alto real estate agent: Should You Sign A Buyer's Broker Agreement With A Palo Alto Realtor? - 12/10/13 11:54 PM

Let me start by saying I know this post is going to evoke some strong reactions from both other real estate estate agents in Palo Alto as well as around the country. It may also evoke some strong reactions from home buyers in Palo Alto and around the country. Please let me explain that in my 19 years as a Palo Alto real estate agent I have learned that there are many right ways to do things. I do not use buyer brokers agreement. This is how I like to run my business. How other people do it is their business. … (2 comments)

palo alto real estate agent: Palo Alto 3 Bedroom Homes Under $1,500,000 Are Like Dodo Birds - 12/09/13 12:21 AM

One and a half million dollars is a lot of money to spend on a home almost anywhere except if you are buying a home in Palo Alto. If that is your budget, then I suggest you look somewhere else.
The chart above is a breakdown of all homes sold in Palo Alto from June through November of 2013 with at least three bedrooms and at least 2 baths. There were a total of 187 sales of these homes during this time period. Of these 187 homes a total of 8 sold under 1.5 million, and a total of 17 sold … (0 comments)

palo alto real estate agent: Don't Pay For Termite Repairs On A Palo Alto Home In Escrow - 12/08/13 12:49 AM

As many of my blog followers know I sell a lot of Palo Alto homes in trust and probate. The owners were often very old, as are the homes, and frequently in need of repair. While it is often a good idea to keep repairs at a minimum in order to decrease the liability to the estate, sometimes it is necessary in order to allow buyers to be able buy and move into a home safely, or in order to increase the value exponentially.
I am currently sellling a Palo Alto home that needed some major bathroom repairs since it was unclear an adult could stand … (5 comments)

palo alto real estate agent: Selling Palo Alto Home With Really Ugly Kitchen Counters? - 12/07/13 12:37 AM

If you are going to sell an older home in Palo Alto which has really ugly counters you may be in a quandary about whether to leave them the way the are, or replace them so the house does not look so bad. Since so many of our older homes are being purchased as tear downs, or at a minimum for major remodel you may wonder if it is worth spending the money if the house and or kitchen are going to be demolished anyway.

I actually think that unless your home is red tagged by the city and unsafe to enter, it … (2 comments)

palo alto real estate agent: Why It Is a Great Idea To List Your Palo Alto Home on Dec 26th - 11/28/13 05:51 AM

I know what you are thinking, I am going to wait till after the first of the year or the spring to sell my home in Palo Alto. It would be stupid to list a home during the holidays, no one does that. Or no one is looking for a home during the holidays.

I need to respectfully disagree with those sentiments. I believe December is a great month to sell a home in Palo Alto, especially right after Christmas.
Here are the reasons I think selling a Palo Alto home on Dec 26th this year is a great idea.
… (2 comments)

palo alto real estate agent: Why I am Thankful I Live and Work In Palo Alto - 11/27/13 01:12 PM

I have been a Palo Alto resident and Palo Alto real estate agent for almost 2 decades and I can honestly say I love living in Palo Alto. There are many reasons, but here are a few of my favorite.

1.The weather is perfect! Summers are not too hot, winters are not too cold, and the fall lasts for months.

2. The schools are wonderful. Elementary schools are all within walking distance of every home in Palo Alto and there are several city wide schools of choice. Ohlone is a project based learning environment, Hoover emphasizes teacher directed programs … (0 comments)

palo alto real estate agent: Palo Alto Ca Real Estate Market Update 10/27/2013 - 10/27/13 12:34 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, down from 29 last week.
There are currently 2 Palo Alto town homes/condos for sale, down from 3 last week.
There are currently 33 pending sales of Palo Alto single family homes, down from 48 last week.
There are currently 7 pending sales of Palo Alto Town homes/Condos, down from 8 last week.
In Sept of 2013 there were 29 single family Palo Alto … (1 comments)

palo alto real estate agent: Add Some Chocolate To That Palo Alto Barron Park Home You Are Selling - 10/21/13 01:49 PM

Selling a Home in Barron Park I am often asked, "What can I do to make my Selling a home in Barron Park really stand out when I am selling it. My answer is "Easy, add chocolate." Now I am not talking the delicious kind from Her Coconess that you can get at the Palo Alto Farmer's market, although I would recommend serving that at your open houses.
I am talking about chocolate bark for the lawn. It is a common joke around Palo Alto that you can tell when a Selling a home in Barron Park when the redwood chip bark … (3 comments)

palo alto real estate agent: Palo Alto CA Real Estate Market Update 10/20/2013 - 10/20/13 06:39 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 29 single family Palo Alto homes for sale, down from 37 last week.
There are currently 3 Palo Alto town homes/condos for sale, down from 5 last week.
There are currently 39 pending sales of Palo Alto single family homes, down from 48 last week.
There are currently 8 pending sales of Palo Alto Town homes/Condos, down from 10 last week.
In Sept of 2013 there were 29 single family Palo Alto … (0 comments)

palo alto real estate agent: How Much Should I offer on A Palo Alto Home With Multiple Offers? - 10/14/13 11:50 AM

Anyone trying to buy a home in Palo Alto right now knows that it is tough out there. There are many more buyers than sellers and many Palo Alto homes sell with multiple offers way over list price. Some homes go as much as 40% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Palo Alto multiple offer situation and not overpay?
The answer is not simple, and sometimes it not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.
… (1 comments)

palo alto real estate agent: Palo Alto Ca Real Estate Market Update 10/14/2013 - 10/13/13 11:59 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 37 single family Palo Alto homes for sale, up from 30 last week.
There are currently 5 Palo Alto town homes/condos for sale, down from last week.
There are currently 48 pending sales of Palo Alto single family homes, up from 37 last week.
There are currently 10 pending sales of Palo Alto Town homes/Condos, the same as last week.
In Sept of 2013 there were 29 single family Palo Alto homes … (1 comments)

palo alto real estate agent: Palo Alto Ca Real Estate Market Update 10/6/2013 - 10/06/13 09:32 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 6 Palo Alto town homes/condos for sale, the same as last week.
There are currently 37 pending sales of Palo Alto single family homes, up from 34 last week.
There are currently 10 pending sales of Palo Alto Town homes/Condos, down from 15 last week.
In Sept of 2013 there were 29 single family Palo Alto … (1 comments)

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