Friday, February 12, 2016
Saturday, February 6, 2016
Wednesday, February 3, 2016
You've made dinner reservations at a romantic restaurant (we did!) and you might have picked up a little something for her at one of her favorite stores (I'm looking!) but then there's always sweets for your Sweets for Valentine's Day.
Here are some world class chocolatiers from Silicon Valley to Santa Cruz to consider:
Chocolate Dream Box
- 15557 Union Avenue, Los Gatos 95032. 408-356-2626http://www.chocolatedreambox.com/
Pictured are hand-crafted European-style chocolates in beautiful boxes by Chocolate Dream Box
Fleur e Cocoa Patisserie Chocolaterie
39 N. Santa Cruz Avenue, Los Gatos 95030. 408-354-3574 http://www.fleurdecocoa.com/
Richard Donnelly Chocolates
- 1509 Mission Street, Santa Cruz 95060. 831-458-4214 http://www.donnellychocolates.com/
- 14572-B Big Basin Way, Saratoga 95070. 408-872-1431 http://www.saratogachocolates.com/
Schurra's Fine Confections
- 840 The Alameda, San Jose 95126. 408-289-1562 http://www.schurrasfineconfections.com/
Sugar Butter Flour
- 669 S. Bernardo Avenue, Sunnyvale 94087. 408-732-8597 http://www.sugarbutterflour.com/
1875 S. Bascom Avenue (in the Pruneyard Shopping Center), Campbell, CA 95008. Phone: 408-371-5485
Tuesday, February 2, 2016
Happy New Year! OK, Happy Lunar New Year! In the Chinese calendar, the longest chronological record in history dating back to 2700 B.C., this year marks the lunar year 4714 -- Year of the Monkey. The first day of the lunar year is February 8, 2016. For the Tet Vietnamese New Year it will be the same, Year of the Monkey!
Famous people born in the Year of the Monkey include: Lucy Liu, Donald Rumsfeld, Elizabeth Taylor, Johnny Cash, Elanor Roosevelt, Tom Hanks, Will Smith, Patti Labelle. Tom Selleck, Buster Keaton, Joe Cocker, Jennifer Aniston, Michael Douglas
Here are selected local events celebrating the Lunar New Year in San Francisco and Alameda counties.
Saturday, February 20, 7:00pm-9:30pm - 2016 PKUAANC Chinese New Year Gala
Peking University Alumni Association of Northern California (PKUAANC) at James Logan High School Center for the Performing Arts, 1800 H Street, Union City, CA 94587
San Francisco/San Francisco's Chinatown:
Monday, November 16, 2015
Wednesday, March 12, 2014
For February in Santa Clara County for single family residences, there were a very low number of closings which would have set a new low except for February 2008 (before the financial crisis!). Closings in one month are more times than not, sales the previous month so these were in large measure indicative of January's slower activity. As we look at inventory, the amount or supply of single family residences available to purchase in Santa Clara County stood at 776, the second lowest February other than the 721 reached in 2000!
All the while, the Silicon Valley real estate market continues to be rather slow but gaining speed as it usually does this time of the year. Last month, I noted that we saw continued buyer demand to prop up prices and I advised buyers to buy quicker rather than later for this purpose. For February, that translated into a record median price of $801,000, an increase of 12.3% from the same month a year ago. Where else can you reap an average 1% a month return on your investment? I believe this demand will continue and probably increase as we get into the strongest portion of the selling year (after Super Bowl Sunday to just before Memorial Day weekend).
I see higher prices ahead with somewhat stable mortgage interest rates. Last month there were 65.6% of the sales with sales prices greater than list prices, second highest since February 2005 (an extremely hot real estate market). Additionally, the average sale price to list price ratio stood at 104.3%, higher than the 103.9% for the same month a year ago and means that the average sale took place at better than 4% higher than list price. This continues to indicate to me that there is ample buyer demand to further push up prices in the near future as activity usually increases as we go deeper into spring. Also, when we see a sale price higher than list price it infers that there were multiple offers — otherwise why would a buyer offer more!
Silicon Valley real estate trends continue to be positive and we should see higher prices in the future. Mortgage rates have trended higher but have fallen slightly and are currently in the low to mid-4% range. The gains in the stock market help supply of the down payments for some buyers to afford the prices and most buyers using loans decide upon a fixed rate mortgage with 20% or more down payments. Along with this, almost one-third of the closings were cash transactions.
For questions, comments on the Silicon Valley real estate market or update in your neighborhood or your target area you are considering, please contact me and I’ll personally respond to assist you with the current market dynamics. Thanks for reading!