My newest listing at 445 Oak Grove Ave in Menlo Park is a great alternative to a single family home. With 3 bedrooms, 2 bathrooms spread out over 1,286 sf (source: dataquick) it makes for a very flexible floor plan able to accommodate to different life styles and family sizes.
It has been extensively remodeled since [...]
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For those of you that are not familiar with some of the newer condo developments in Cupertino, Travigne Villas is a mixed-use development at the corner of Stevens Creek Blvd and Blaney Ave that replaced the strip-mall and creamery that was there for many years. The commercial building has its frontage on Stevens Creek while [...]
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There are not that many places to have spectacular views in San Carlos while staying east of the Alameda, south of San Carlos Ave and within walking distance to downtown. Either you need to go live on Elizabeth St or Rockridge Rd.
227 Rockridge Rd is nice and unassuming from the street, but once inside you [...]
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510 Gilbert was recently reduced to $1,449,000 from $1,649,000 which constitutes a dramatic price reduction for this 4 bedroom, 3 bathroom new construction home.
If one looks at similar properties on the peninsula, from Burlingame down to Los Altos/Mountain View, one can’t help but conclude what an amazing deal this is. For example, the new construction [...]
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Our colleague Desiree Docktor at Alain Pinel Realtors in Palo Alto is helping organize a tour of 12 Eichler homes in Palo Alto that benifits Peninsula Habitat for Humanity.
The details on the home tour are below:
- Date: September 6, 2008
- Time: 10:00 AM - 4:00 PM
- Starts: Eichler Swim & Tennis3539 Louis [...]
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Remember these four steps so your next 1031 Exchange is 100% tax deferred:
- Qualify: Make sure the properties qualify for a 1031 Exchange. Properties used for business or investment purposes within the U.S. qualify.
- Replace: Re-invest all of your cash and purchase a property of equal or greater value.
- Identify: Identify your potential replacement property (or properties) on [...]
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Important News for Investors Regarding the “Homeowner’s Exemption”
One strategy taxpayers have used to avoid paying capital gains taxes has been to convert a rental property into a primary residence and later sell the property to take advantage of the Homeowner’s Exemption. The Homeowner’s Exemption (Section 121 of the Tax Code) allows a taxpayer to exclude up to [...]
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The Los Gatos Woods town home developments is one of those hidden gems located in the northern most section of Los Gatos proper. The Wimbledon development in the back of Courtside Club is better known but is at a slightly higher price point because of Los Gatos schools.
The whole development falls within the Campbell Union [...]
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Let’s consider the following scenario: you bought your home very recently and the market in your neighborhood is now softer than when you bought your home bringing the market value of your home under your purchase price. Also, your property taxes are based on that purchase price.
This scenario is unfortunately not so hypothetical for some [...]
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I had the great pleasure of attending a presentation by Leslie Appleton-Young who is the California Association of Realtors chief economist.
The pdf of her presentation slides is here.
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Real Estate in Palo Alto and the San Francisco Bay Area