Tag Archives: Jeni Pfeiffer realtor

FEB. 2020 SANTA CLARA COUNTY STATS

Leave a reply

By: Jeni Pfeiffer, Associate Broker, Realtor®

The real estate market turned quickly and heated up with multiple offers late DEC 2019, JAN and FEB 2020. The market can turn on a dime, and has shown this again. Mortgage interest rates dipped below 3.5%, and the real estate inventory dwindled. With a low supply, and still high demand, with favorable mortgage rates, bidding wars returned! For example, 635 Yosemite Avenue, Mountain View 94041 was listed on 01/30/2020 for $2,448,000 and SOLD 27% “over-asking” to CLOSE at $3,100,000.

As of March 4, 2020, the Bay Area Real Estate currently has 997 ACTIVE Status units (Single Family, Condo and Townhomes available for sale) in the Santa Clara County. FEB 2020 recorded 806 Home SALES ranging from $359,000 (1062 Summershore Court, San Jose 95122) to $8,100,000 (28011 Elena Road, Los Altos Hills 94022), with 28 Average Days on Market DOM. The Average Close Price was $1,337,243 with 46% of the Sales selling between $800,000 – $1,400,000.

CONTACT: Jeni Pfeiffer, Associate Broker, Realtor®

OPEN HOUSE 615 Marble Arch: SAT 9/17 1:00-4:00pm

Leave a reply

OPEN HOUSE 615 Marble Arch, San Jose SAT 9/17 1:00-4:00pm www.615Marble.com

OPEN HOUSE 615 Marble Arch SJ_Courtesy Jeni Pfeiffer

OPEN HOUSE 615 Marble Arch SJ_Courtesy Jeni Pfeiffer

EXCLUSIVE Lancaster Gate Townhome-Style Condo*EXCELLENT CONDITION*Located on Communication Hill*BEAUTIFUL END UNIT offers abundance of natural LIGHT*SPACIOUS Kitchen includes Stainless Steel Refrigerator, Microwave & Dishwasher, Gas Burner Cooktop, Oven, Maple Cabinets with under Cabinet Lighting, Recessed Lighting & Tile Floor*OPEN airy Living Room features High Ceilings, Gleaming Maple Hardwood Floors, Romantic Gas Fireplace, Ceiling Fan Light and Half-Bath on Main Floor*ATTRACTIVE Dining Area adorned w/Elegant Light Fixture and GRAND WINDOWS*Sliding Glass Door leads to Private, Gated PATIO with BBQ Area, Views of Courtyard*Upstairs TWO MASTER SUITES feature Maple Hardwood Floors, Vaulted Ceiling, Ceiling Fan Light, Walk-in Closet & Full Bathrooms*Convenient Upstairs Laundry includes Washer/Dryer*CENTRAL A/C & HEAT*Dual Pane Windows*Spacious SIDE BY SIDE 2-Car Garage Attached*

Tuscan Style Community at Communication Hill_Courtesy Jeni Pfeifer

Tuscan Style Community at Communication Hill_Courtesy Jeni Pfeifer

ENJOY ALL this BEAUTIFUL Community OFFERS w/Sparkling POOL, SPA, “The Stairs” Popular Work-Out, Trails, Viera Park, PANORAMIC VIEWS – You will feel like you are LIVING in a TUSCAN Villa RESORT*GREAT LOCATION – Minutes drive to The Plant w/60 stores & restaurants*Easy access to 87/280/880 & Light Rail*Built in 2000*LOW HOA Dues!

For more INFO and PHOTOS Visit: www.615Marble.com

CONTACT: Jeni Pfeiffer, Broker Associate, Realtor®, 408-813-4256 CaBRE#01709666

AWESOME Communication Hill SJ CONDO FOR SALE $625K

Leave a reply

GREAT Location – Lancaster Gate Community on Communication Hill, trendy and perfect for you. If you like trails, climbing “The Grand Staircase,” and close proximity to shopping, freeway access, downtown and Santana Row, this CONDO is for you! Asking $625,000.

Lancaster Gate Condo For Sale_Courtesy Jeni Pfeiffer

Lancaster Gate Condo For Sale_Courtesy Jeni Pfeiffer

EXCLUSIVE Lancaster Gate Townhome-Style Condo*EXCELLENT CONDITION*Located on Communication Hill*BEAUTIFUL END UNIT offers abundance of natural LIGHT*SPACIOUS Kitchen INCL S/S Refrigerator, MICRO & D/W, Gas Burner Cooktop, Oven, Maple Cabinets w/Recessed Lighting & Tile Floor*OPEN airy Living Room features High Ceilings, Gleaming Maple Hardwood Floors, Romantic Gas Fireplace, Ceiling Fan Light and Half-Bath on Main Floor*

615 Marble Arch Living Room_Courtesy Jeni Pfeiffer

615 Marble Arch Living Room_Courtesy Jeni Pfeiffer

ATTRACTIVE Dining Area adorned w/Elegant Light Fixture and Grand Windows*Sliding Glass Door to Private PATIO w/BBQ Area, Views of Courtyard*UpstairsTWO MASTER SUITES w/Maple Hardwood Floors, Vaulted Ceiling w/Fan Light, Walk-in Closets & Full Bathrooms*Upstairs Laundry INCL Washer/Dryer*CEN A/C & HEAT*Dual Pane Windows*Spacious SIDE BY SIDE 2-Car Garage Attached*Community w/POOL, SPA,”The Stairs”Trails,Viera Park,PANORAMIC VIEWS – Feels like LIVING in a TUSCAN Villa RESORT*Close to The Plant w/60 stores & restaurants*Easy access to 87/280/880 & Light Rail*LOW HOA Dues!

VISIT:  www.615Marble.com

CONTACT: Jeni Pfeiffer, Broker Associate, Reator®, 408-813-4256 CaBRE#01709666

Leafy Mature Trees Add Premium to Real Estate Value

Leave a reply

Like an ocean view or a Park Avenue address, majestic old-growth trees have become invaluable commodities in luxury real estate. Inspired by their sculptural beauty,

Leafy Mature Trees add Premium Value to Real Estate

Leafy Mature Trees add Premium Value to Real Estate

architects are designing or remodeling entire homes around them. High-end developers—once known for stripping tracts of land to the dirt and planting saplings after construction—are now calling off the bulldozers.

“You can’t go out and buy a 50- or 75-year-old oak tree,” said Jack Perkins, vice president of Elm Street Development, a residential developer in Washington, D.C. Elm Street bought an 8½-acre estate near Georgetown to build 1801 Foxhall, a community of 27 multimillion-dollar homes. Before breaking ground on the project, the developer dispatched an arborist to catalog and evaluate every mature spruce, sycamore and poplar tree.

CLICK HERE or http://bit.ly/leafyRE for the article by AMY GAMERMAN Wall Street Journal

Silicon Valley Mortgage Update FICO Scores_Aug. 9, 2014

Leave a reply

Courtesy Tony Guaraldi Aug. 8, 2014

There are a few industry changes that we’ll discuss today including how Fannie Mae will treat people with a Short Sale in the past and a new FICO scoring model that will be implemented this fall.  The new FICO scoring model 9 will help many consumers with collections to improve their credit score and we’ll cover all the details on this.

CLICK HERE for the Best Mortgage Rates today.

First on the Short Sale/Pre-Foreclosure waiting time for borrowers who wish to buy another home after this derogatory event.  The current rule for Fannie Mae are that if the borrower puts 20% down payment the waiting time to buy or refinance after a Short Sale is two years.  Continue reading →

BAY AREA PINCH $1 million ‘average’ homes? Let’s talk!

Leave a reply

Voracious demand driving record sales in ‘mansion’ bracket.

Courtesy San Jose Mercury News by Steve Johnson and Pete Carey

There was a time when a million-dollar home was something families drove by on a Sunday outing to get a glimpse of how rich folks lived. But now they’re more common than Starbucks, at least around here.

Fueled by the booming tech economy and seemingly insatiable demand for housing, the Bay Area set records in the second quarter of this year in the number of homes sold for $1 million or more as well as those costing at least $2 million, a real estate information service said Thursday.

CLICK HERE for the full San Jose Mercury news article.

Magnificent SF Pacific Heights Decorator Showcase 2014 Mansion

Leave a reply

By Jeni Pfeiffer, Associate Broker, Realtor

2014 San Francisco Decorator Showcase. 3660 Jackson Street_Pacific Heights designed by Walter Danforth Bliss and William Baker Faville

2014 San Francisco Decorator Showcase. 3660 Jackson Street_Pacific Heights designed by Walter Danforth Bliss and William Baker Faville.

Today is the final day to tour the magnificent 3660 Jackson Street, San Francisco Pacific Heights Decorator Showcase 2014 mansion.

Crafted in 1908 for Alfred and Rose Sutro, designed by the architectural team of Walter Danforth Bliss and William Baker Faville, this stately Classical Revival structure, embraced by climbing figs, sits on a third of an acre overlooking the Presidio and San Francisco Bay.

This extraordinary home was listed for sale in 2013, and quickly Sold for $18,000,000. Dozens of the Bay Area’s top interior and landscape designers have transformed the elegant 9,000 square-foot mansion combining modern touches with an elegant backdrop. Continue reading →

Mortgage Rates May 9_2014 in Silicon Valley

Leave a reply

Courtesy Tony Guaraldi, VP of Mortgage Lending Guaranteed Rate Mortgage

CLICK HERE for the current Friday Mortgage Rate Sheet effective May 9, 2014.

As we had hoped Bonds continued to climb for most of the week.  As you can see from the below Bond prices are at their peak for 2014 which means rates are among the best available this year so far.  Continue reading →

Mortgage Lending Changes and Rates – Jan. 10, 2014

Leave a reply

Courtesy Tony Guaraldi, VP of Mortgage Lending Guaranteed Rate Mortgage

Holly Guacamole!  We unexpected got a lousy jobs report this morning and Mortgage Bonds are the beneficiary!  The Bureau of Labor Statics reported the economy created 74,000 jobs missing huge on the forecasts that predicted a range of 200k to 250k jobs! For comparison the number for October was 200k created and November was 241k created so this was really out of left field!  The Jobs Report each month is always the biggest market mover and again its tied to Fed stimulus right now so reactions to the news are exacerbated for Mortgage Bonds.  You can see the large green box on the right of the chart below showing the bond market rally today but you can also see we are a long ways off from where rates were in Mid-November.  We will enjoy the improvement for now and continue to watch it as we still have some room to run before hitting resistance.  Hopefully we can hold onto these gains today as its typically a volatile day after the jobs report like this!

CLICK HERE for the January 10, 2014 Guaranteed Mortgage Rate Sheet  Continue reading →