Portola Valley Real Estate News
Real Estate news for Portola Valley, CA continually updated from thousands of sources.
58 min ago | via The Real Deal
The most expensive ZIP code in America isn't in Silicon Valley. It's in Sagaponack, the summer destination of Billy Joel and the Clinton family, among others. Comment?
18 hrs ago | via Examiner.com
Fourth of July Fireworks Fun San Jose, Santa Clara County July 4, 2015 By Michelle Carr Crowe, Cupertino real estate agent In San Jose, Santa Clara County and throughout Silicon Valley, America's Independence Day is a time to join together with friends and family to celebrate what makes our nation great every Fourth of July. From pancake breakfasts to barbecues and picnics, safely enjoying festivals, fun fireworks displays is a time-honored tradition from Gilroy to San Jose and Santa Clara, Calif. Comment?
Yesterday | via Palo Alto Weekly
Six local Realtor teams and 17 individuals were among the top 250 salespeople in the country in 2015, according to rankings announced by Real Trends, a private communications company, in its annual "The Thousand" list, published in The Wall Street Journal. DeLeon Realty of Palo Alto ranked No. Comment?
Thursday | via Palo Alto Weekly
One unique aspect of Silicon Valley's real estate market is that many buyers and sellers, whether they are engineers or financiers, are used to fact-driven methodology. When it's time to justify the single-most important number of any real estate transaction -- "fair value" of a particular home -- many demand more "numbers" to back it up from comparative market analysis. Comment?
Thursday | via Palo Alto Weekly
After the sharp increase of property price in Palo Alto over the past three years, the questions that I get the most from real estate clients these days are "How high can we go?" and "Is this sustainable"? At the beginning of 2015, it's a good time to take a step back to review the local market in the context of past decades. Palo Alto's real estate market did go through a super cycle from 2012 to 2014. Comment?
Yesterday | via The Item Extra
It's one of the most common lies that home buyers tell mortgage lenders, and it may be on the upswing: In order to get a lower interest rate and down payment, applicants say they plan to occupy the house as a principal residence when in fact they have no such intention. The incidence of occupancy misrepresentation rose 20 percent between 2011 and 2013, according to giant investor Fannie Mae's latest sampling of loans involving known fraud. Comment?
Wednesday Jul 1 | via Dr. Housing Bubble Blog
The rise of inventory in Southern California: Inventory is up 70 percent from 2013 in Orange, Riverside, and San Bernardino counties. Real estate markets are notoriously slow when it comes to shifting momentum. Comment?
Wednesday Jul 1 | via National Mortgage News
After it all but stopped making real estate and development loans following the housing crash, the $5.6 billion-asset bank over the last two years has increased its total real estate loans by more than 61%, to $3 billion as of March 31. It is a figure that is likely to keep rising as California's real estate market heats up and the bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace. "The commercial market is growing very strong here in California, more so than in other states," said Chairman and Chief Executive Daniel Walker. Comment?
Wednesday Jul 1 | via Mortgage News Daily
The Fourth of July is nearly here our very own Census Bureau has dished up some tasty numerical facts. The estimated U.S. population for July Fourth this year is 321 million, whereas in July 1776 the estimated number of people living in the newly independent nation was 2.5 million. Comment?
Sunday Jun 28 | via San Gabriel Valley Tribune
The Southern California real-estate market is feeling the sting of a changing climate, as a pair of new reports finds renters, would-be homebuyers and black households losing ground in the face of competition from investors and a widening racial wealth gap. In a survey of 80 community-based nonprofits, the California Reinvestment Coalition found that long-term tenants are being displaced by high rents while potential first-time homebuyers are losing out to all-cash offers from investors. Comment?
8 min ago | via The New Zealand Herald
First-home buyers are back on the Auckland property ladder - and are also setting their sights on some of Auckland's most scenic real estate. Statistics released by Data Insight show the number of property sales registered as first-home buyers spiked in April, with 986 mortgages being approved for such buyers, up from 826 12 months earlier. Comment?
9 min ago | via ACC TOP 40
Lee Greenwood is a busy man these days, between the release of his new children's book, Proud to Be an American, and his nonstop touring schedule. But the 72-year-old is still finding time to serve as an ambassador for a cause close to his heart, Helping a Hero, which provides homes to severely wounded veterans. Comment?
16 min ago | via St. Albert Gazette
As I write this column, Greece has, apparently, defaulted on its interest payments due to the International Monetary Fund . I say apparently because while the Greek prime minister has rejected the terms offered by the ECU for another bailout injection, Greece goes to the polls on Sunday to determine whether the population wants to accept these terms or not. Comment?
28 min ago | via Project Syndicate
A deal between Greece and its creditors might not happen. Several factors are in flux; Greek and northern European interests are not aligned; and personal animosities are in play. Comment?
1 hr ago | via Patch.com
The library has invites teens within the community to its Minute to Win It event as well as a jewelry-making program. Comment?
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