Yesterday I had a client call me asking if I could help him calculate what his home was worth every year for the last 5 years. While I couldn’t say what his home was worth, I could run a quick analysis across the entire neighborhood of Los Altos on a yearly basis for home similar to […]
Los Altos Homes Up $30,000+, Year over Year!
Organic Recovery or Fabricated?
If your personal financial household was experiencing a rough time, and you dipped into your savings or used credit cards to shore up your finances, make purchases or take trips, would you feel good about your newfound economic recovery? Probably not. But if you were the U.S. Bureau of Labor and Statistics you would be […]
Barron’s Says Housing Market “Ready to Rebound”
I just re-read Barron’s cover story from story from two weekends ago. Barron’s is the only paid subscription newspaper I get, in addition they tend to be conservative or on the bearish side of the coin. While I thought the article was quite lacking in substance, their timing I believe is of value. So here […]
The Coming Bottom in Real Estate
In 1996, Penny and I had dinner at the “upper crusty” Canyon Club in Newport Beach with her great Uncle Bill. The conversation flowed to real estate and at some point great Uncle Bill emphatically stated that “It’s time to buy”. Not only was he right, he nailed it. You see, uncle Bill had been […]