Real Estate Market Blog: May 2014

 

Insights on the real estate market trends on the Mid-Peninsula: Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills.

May 2014 Real Estate Update

May 14, 2014
Ginny Kavanaugh
Buyer demand is clearly strong and it is a great time for sellers. Evenwith this strong demand though, it is still critical that homes areprepared properly and marketed aggressively to ensure the bestresults for price and terms of sale. Having represented more sellersand buyers in Portola Valley than any other agent, I know exactlywhat it takes to get these results for you. Please contact me anytime for a personal consultation regarding your home – or to justcatch up on more details about this ever-changing market. Check out the specifics on ...

Last Week’s Economic News in Review

May 01, 2014
Ginny Kavanaugh
This is news that I received from Michael Haigh, Retail Sales Branch Manager, W.J. Bradley Mortgage Capital, LLC. Enjoy! Real estate dominated last week’s economic headlines, with sales of both existing and news homes dropped, as inventory remained scant and prices grew. Meanwhile, initial jobless claims experienced an unexpected spike. March saw basically flat sales of existing homes, but inventory continued to push prices upward. Sales of existing single-family homes, townhomes, condominiums and co-ops, slipped 0.2 percent to an ...