Stocks rally on housing report

Stocks rally on housing report

New Blog Template...

Ahh.. new templates.

As I was pressing the "Publish Post" button for my last Post, I was thinking "I wish I was on a plane...." :) Well, I guess we all have that thought these summer days, don't you? So, I saw this template where you have the feeling you are looking out the window of the plane, so high above everything, floating to your destination (right now, I wish it was the Mauna Kea Resort in Hawaii) and I thought "THIS IS PERFECT" !! Only problem in my imaginary flight is that the wing should not be "ahead" of me ----- but BEHIND me !!!! Live Aloha.. Ciana (Meg)

Hope everyone has had a nice weekend. Beautiful weather here.

Thought this was noteworthy for any buyer "sitting on the fence" but wants to purchase in Palo Alto. Palo Alto has always had the stigma of "If you put a trash can on the sidewalk you'd make money on your property." History has shown us that in the peninsula, Palo Alto is the "last" city to be affected in challenging times and the "first" city to go up. The following are a few examples of this. These were homes that were listed & sold in June, 2010.

2326 Hanover, Palo Alto - College Terrace area.

Newly constructed "82 year old" home; 6 bdr/3ba, 40,26 sq.ft. home, listed at $2,598,000, SOLD with pre-emptive offer of $2,700,000. Zero days on market.

536 Lowell Avenue

Approx. 50x200 sq.ft. lot

3 bdr/2ba home

Listed at $2,198,000 and SOLD for $2,260,000. 36 days on market.

1407 Pitman

This was a 9,300 sq.ft. lot.

Listed at $1,898,000 and SOLD for $2,000,000. Zero days on market.

951 Maddux

This 4 bdr/2ba, 1,428 sq.ft. home w/6,000 sq.ft. lot SOLD Off-Market for $1,075,000.

Then, my favorite.

585 N. California -- Old Palo Alto. 3 bdr/2ba, 1,604 sq.ft. home on approx. 8,000 sq.ft. lot, Listed at $1,350,000 and SOLD, with 19 offers, for $1,800,000.

Ahhh.. Palo Alto.

To end for this evening --

Menlo Park.

990 Berkeley Avenue, Menlo Oaks area.

Home ready to be demolished. 15,960 sq.ft. lot for building.

Listed at $698,900 and SOLD for $1,022,687.

Think we'll be seeing some new construction starting up again.... Until next time. Live Aloha. Ciana...