Monthly Archives: October 2013

Homes for Sale Mountain View Broker Tour_Oct 25

1540 Bonita_Mtn View "Water-wise" front landscaping. Photo Jeni Pfeiffer

1540 Bonita_Mtn View “Water-wise” front landscaping. Photo Jeni Pfeiffer

Jeni Pfeiffer presents highlights from the Mountain View Broker Tour – Oct 25: Lovely 1540 BONITA AVENUE Listed for Sale at $1,349,000, features 4 Beds 2 Baths newly remodeled 1,781 s.f. with an elegant kitchen. Walk to Cuesta Park and Bubb Elementary. One stunning feature is the “water-wise” front landscaping with golden fines pathway.

Other homes of interest include 961 VALENCIA AVENUE, a stunning contemporary craftsman 3 years new listed for $1,898,000 with 5 Beds and 4 baths. It has a “zen” soothing interior featuring beautiful light stone countertops and mosaic tile contrasting with deep toned cabinetry. Continue reading

Let Alex Show you how to Organize your Closet

One of the best ways to get your Silicon Valley home ready for sale is to have nice looking, clean and organized closets, as Buyers will be viewing. This is a wonderful tutorial video by Alex that provides great tips of how to organize items by size, type and color with stackable containers and a spinning shoe rack – if you present your closets neat and clean like this when you sell your home, your Buyers will love your home!

Oct 18 GREAT Rates and Mortgage Update

Jeni Pfeiffer Intero presents mortgage update courtesy Tony Guaraldi:  As we mentioned the last couple weeks Bonds are trading between the 100 and 200 day moving average right now and that trend continued this week as expected. CLICK HERE for the Oct 18, 2013 Mortgage Rate Sheet. Continue reading

Government Shutdown lenders allowing temporary exceptions to the norm

The government shut down drags on and more lenders are coming around to allowing temporary exceptions to the norm which is a mandatory processing of a 4506-T form by the IRS.  For W2 employees they’ll require us to verify income with the borrower’s employer.  Continue reading

New Homes on the Market Los Altos Palo Alto Broker Tour_Oct 11

By Jeni Pfeiffer, Associate Broker, Realtor

Oct 11Really great Los Altos and Palo Alto Broker tour today! A few new homes that I visited and worth mentioning are for Best value and tranquil settingMercedes Complex, 1070 MERCEDES AVENUE,#27, Los Altos 1,000 s.f. 2 Bed/2.5 bath condo listed for $588,000 features greenbelt view, private patio and cozy fireplace.

1070 Mercedes Exterior_Photo Jeni Pfeiffer Intero Real Estate

1070 Mercedes Exterior_Photo Jeni Pfeiffer Intero Real Estate

Continue reading

Silicon Valley Inventory and Real Estate Sales_September 2013

Just inSanta Clara County September 2013 Real Estate Statistics for: New Listings, Current Inventory, Closed Sales, Average Days on Market (DOM), Average Sales Price, Percentage of List Price Received, and the Total Sales Volume for  areas Cambrian, Campbell, Central San Jose, Cupertino, Los Gatos, Santa Clara, Saratoga, Sunnyvale and Willow Glen for both Single Family Residential Common Interest Development Properties.

Sept Real Estate Statistics_2013

Sept Real Estate Statistics_2013

CLICK HERE for a larger version of the chart.

Note that most homes are selling, on average, at or above the list price. The median sales price ranges from $499,000 in Central San Jose to $1,900,000 in Saratoga for single family homes.

As always, please feel welcome to contact Jeni Pfeiffer at 408.813.4256 with any questions.

Effects of Government Shut Down Mortgage Rates and delayed Close of Escrows

Jeni Pfeiffer presents mortgage update courtesy Jason Smiley: The government shut down has had little impact on Mortgage Bond pricing so far however there is an impact to the loan process that may delay escrows.  Prior to the mortgage crisis in 2007 many loans were done with stated income and assets with no verification of tax returns.   Continue reading

Gorgeous “Green Build” Eichler on Broker Tour today

Jeni Pfeiffer – Oct 2, 2013 Sunnyvale SILVAR Broker Tour: Great homes on tour today! New homes on the market worth mentioning include a gorgeous “Green Build” Eichler located at 609 WEST REMINGTON DRIVE$1,298,000. This home is a 4 bed, 2 bath 1755 SF unique home featuring zero-energy utilizing scalable solar, custom foam roof, custom glass/aluminum garage and closet doors, green landscaping, innovative use of technology and fine quality materials. Close to Las Palmas Park in the Cherry Orchard Neighborhood, a real gem!

609 W Remington Drive "Green Build" Eichler Intero Real Estate

609 W Remington Drive “Green Build” Eichler Photo: Jeni Pfeiffer Intero Real Estate

Continue reading

Asian buyers scoop up ‘bargain’ million-dollar Bay Area homes

By Pete Carey 09/27/2013 – The continuing influx of well-heeled homebuyers from Asia has Bay Area real estate firms competing for a lucrative and growing slice of the region’s residential market.  Continue reading