Rick Turley, President of Bay Area Coldwell Banker, shares with us his report of what he is seeing in the entire Bay Area for activity and changes in our Real Estate Market (see below). Of specific interest are the area reports from mid-peninsula brokers and agents with street level reports about Menlo Park, Woodside, Hillsborough, Belmont, […]
In August (2009) only 19 homes sold in Menlo Park, CA. Seven less sales of single family homes then in July of 2009. The Average Sales Price (ASP) of a home in Menlo Park in August was $1,563,026 versus $1,395,596 in July 2009. New listings and Current Inventory were down in August – not good news […]
Has the Atherton, Menlo Park or Palo Alto housing market rarely looked better? The Wall Street Journal article “Yes, The Housing Market Has Rarely Looked Better“, is an interesting perspective based upon the latest data from the Standard and Poor’s/Case Shiller housing price index. The Index showed that real-estate values increased this past quarter over the […]
Wow!! Menlo Park, CA is now offering a home Purchase Assistance Loan Program (aka PAL program). This program is now being offered by the Menlo Park City Government ONLY for first time home buyers with middle-income qualification as an affordable second home mortgage program. Here’s the rules: 1. MUST be a first time home buyer […]
The sales numbers are now in for June. I think you will find it interesting to compare June 2009 sales to June 2008. Average real estate sales prices are down in Atherton, Menlo Park, Palo Alto, Los Altos and Woodside but, are UP in Los Altos Hills and in Portola Valley compared to June of […]
800 El Camino Real, Suite 300 Menlo Park, California, 94025
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