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General Area in Palo Alto : Real Estate Advice

  • All328
  • Local Info27
  • Home Buying161
  • Home Selling20
  • Market Conditions42

Activity 9
Wed Jun 27, 2012
Terri Vellios answered:
agents are prohibited from discussing family, children, etc. You may want to look to Midtown.
0 votes 14 answers Share Flag
Thu May 3, 2012
John Souerbry answered:
I work with many rentals in Palo Alto, both as a property manager and a broker.
In most areas of the city, rents have kept pace with rapidly-increasing prices for residential property. Single family homes are often rented based upon bids rather than advertised rent rates and apartment rents are approaching monthly ownership costs for condos.
The forcast for residential property values is very strong over the next 24 to 48 months due to expanding employment opportunities throughout Silicon Valley. Despite the difficult development process in the City of Palo Alto, builders are still anxious to work in town, mostly on urban infill projects for rentals and re-sale (condos and small lot single family).
See my current Trulia listing - 595 Maybell. This 2.46 acre lot is being sold for residential development and we have multiple offers at or above the $16M listing price (seller to pick an offer this week).
Palo Alto can be an excellent investment target, given the right property and purchase terms.
... more
0 votes 1 answer Share Flag
Fri Aug 27, 2010
Terri Vellios answered:
http://www.paloaltoonline.com/neighborhoods/ventura.php Here's a good link which will describe the neighborhood for you.
0 votes 4 answers Share Flag
Sun Oct 25, 2009
Jordan Grandlund answered:
I'm a realtor in Bend, Oregon, but my sister in-law is a realtor on the Peninsula and I'm sure she'd be happy to help you look for a bargain in Palo Alto. Her name is Celeste Pagan with Carlmont Associates. Her number is 650-759-2097. I hope this helps! ... more
0 votes 10 answers Share Flag
Mon Jan 4, 2010
Marcy Moyer answered:
The closer you get to downtown, either Palo Alto or Los Altos the better your appreciation will be.
marcy
0 votes 4 answers Share Flag
Wed Jul 23, 2008
answered:
Hi Jilka,

Give me a call and I'd be more than happy to chat with you about rentals. 650-331-9088.

Also, www.bayarearentals.com is a great site, but craigslist is the best.

Thanks,

Alex
... more
0 votes 4 answers Share Flag
Tue Sep 25, 2007
#1 answered:
That is going to be a really tough go in Palo Alto with prices of homes being so high. The rents will also be quite high.

I would suggest you look in Newark, Fremont and Union City, which is just across the Dumbarton Bridge.

You will have much better luck finding affordable housing there.
... more
0 votes 3 answers Share Flag
Fri May 9, 2008
Annette DiResta answered:
Hi Heather,
To rent or buy? Sounds like you're looking for a rental rate & I can get you the name of a good property management company to help you out. The lowest priced condo right now is $499,900 for a 2bed/1.5 bath--not bad for a place in Palo Alto. Please contact me if you're interested in seeing this. ... more
0 votes 4 answers Share Flag
Fri May 9, 2008
Annette DiResta answered:
Hi Fred,
They probably don't subscribe to trulia, but please contact me so that we can write an offer on the home that you're interested in!
0 votes 5 answers Share Flag
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