Home Buying in Palo Alto : Advice

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Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
How do I know if a rental listing is real? The price is too good to be true and the responses from the contact are a little suspicious.
Be aware that scams do exist; be mindful that such web sites are third party sites, so the information is fed by various sources, therefore data is not really verified. If you choose no ... more
0 votes Share Flag A few minutes ago Home Buying in Palo Alto
John Fyten, Real Estate Pro in Palo Alto, CA
"Serial borrowers" were homeowners who, back in the easy credit days of the early 2000s, refinanced repeatedly to draw equity out of their homes like they were ATMs.  Lenders assured them that California… Read more
Blogged Mon Dec 22, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
As I said recently, one of the most enduring myths of local real estate is that "prices in Palo Alto never go down".  Previously we looked at the track record of Palo Alto single-family residences (SFR)… Read more
Blogged Sun Dec 21, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
Cost-versus-value studies taken from a national sample can be...well, I guess the word is "educational".For example, most of you are asking "what's an attic, Daddy?".  I know that finished basements are… Read more
Blogged Sat Dec 20, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
With all the happy talk coming from the Apartment Owners Association and the renters-by-choice, you'd think that renting is how you leave all your cares behind.  But according to a recent study by the… Read more
Blogged Thu Dec 18, 2014 by John Fyten General Area Home Buying Rent vs Buy
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John Fyten, Real Estate Pro in Palo Alto, CA
I can't tell you how often I've heard that, from buyers new to this area and from old-time residents.  It's part of the Palo Alto mystique:  "Prices never go down in Palo Alto".There's no doubt that… Read more
Blogged Wed Dec 17, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
Way way back in the day, back in the late 1990s, back when most of you were in high school, the experts were making a brave new prediction:  the Internet would remove ("disintermediate") the real estate… Read more
Blogged Tue Dec 16, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
Friends, this market can cool down anytime it wants and I and most of the rest of the local real estate industry will be just fine with that.  It's not that we agents have buyers who can't afford what… Read more
Blogged Mon Dec 15, 2014 by John Fyten Market Conditions Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
I keep getting the feeling that it's tough to be a Millennial.  The latest example is this unenviable choice I just ran across:  affordable housing or great job opportunities.An article in a recent… Read more
Blogged Sat Dec 13, 2014 by John Fyten General Area Home Buying Home Selling
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Samia Cullen, Home Buyer in Palo Alto, CA
We had 8 new listings  in Palo Alto last week as oppose to 2 the week before.4 listings changed status to pending last week as oppose to 3 the week before and 8 listings  closed escrow last week… Read more
Blogged Mon Dec 8, 2014 by Samia Cullen Home Buying Home Selling In My Neighborhood
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John Fyten, Real Estate Pro in Palo Alto, CA
Does it worry you that while "consumers and real estate professionals have eagerly adopted technology...a technology blind spot is developing"?  Or are you cool with that?The real estate industry has… Read more
Blogged Sat Dec 6, 2014 by John Fyten Home Buying
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John Fyten, Real Estate Pro in Palo Alto, CA
The real estate industry, in its ongoing attempt to prove that Millennials are just like Boomers, only younger and better-looking, brings you this reassuring infographic.I guess it's reassuring that 50… Read more
Blogged Wed Dec 3, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
It's nothing new for local home prices to soar beyond the reach of most home buyers, but there is something different about this market:  "foreign investors".  I use quotation marks because it's my… Read more
Blogged Mon Dec 1, 2014 by John Fyten General Area Home Buying Home Selling
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Samia Cullen, Home Buyer in Palo Alto, CA
We had 2 new listings  in Palo Alto last week the same as  the week before.3 listings changed status to pending last week as oppose to 10 the week before and 7 listings  closed escrow last week… Read more
Blogged Mon Dec 1, 2014 by Samia Cullen Home Buying Home Selling In My Neighborhood
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John Fyten, Real Estate Pro in Palo Alto, CA
Your Thanksgiving may not look as Norman Rockwell as this, although the turkey may be familiar (and maybe altogether too familiar), but the title of Rockwell's illustration, Freedom From Want, part… Read more
Blogged Thu Nov 27, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
From the latest Market Report by Mike James, President, Coldwell Banker, San Francisco Bay Area:Burlingame currently has 17 active and 12 pending listings. As we settle into the Thanksgiving weekend the… Read more
Blogged Tue Nov 25, 2014 by John Fyten General Area Home Buying Home Selling
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John Fyten, Real Estate Pro in Palo Alto, CA
Hoarder house on the market for $1.8M!It makes a nice hook for something called ValleyWag.com, complete with MLS photos.  Here's a beauty shot of the interior.Makes ya wanna bust out laffin, don't it? … Read more
Blogged Mon Nov 24, 2014 by John Fyten General Area Home Buying Home Selling
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Samia Cullen, Home Buyer in Palo Alto, CA
We had 2 new listings  in Palo Alto last week the as oppose to 12 the week before.10 listings changed status to pending last week as oppose to 6 the week before and 11 listings  closed escrow last… Read more
Blogged Mon Nov 24, 2014 by Samia Cullen Home Buying Home Selling In My Neighborhood
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John Fyten, Real Estate Pro in Palo Alto, CA
We made another Top 10 list this week, and like all the Top 10s I've faithfully reported on, this one has baggage.  We only came in seventh this time, not even a podium finish, but I still think it's… Read more
Blogged Fri Nov 21, 2014 by John Fyten General Area Home Buying
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