Julie Hall Coldwell Banker Los Altos and my Fellow Bizpals member

Dear Neighbor:                                                                                                                                                                    March 2013

 

Happy Spring! Spring in Northern California is such a beautiful time of year. While the rest of the country may still be cold and buried under snow, we’re already enjoying trees blossoming, flowers blooming, and the joys of venturing outside to soak up the sun.

 

Spring also marks the time when our local real estate market blossoms. In prior years, this meant lots of homes came on the market, waiting for the flood of buyers who had been anxiously awaiting this very moment. This year has differed – houses are slowly making their way onto the market, but our local inventory is still low, and buyers are still anxious to find a wonderful home of their own in our very desirable neighborhood.

 

If you are considering making a move, whether it’s buying or selling a home, now is an excellent time. Buyers can take advantage of the terrific low interest rates, while sellers can enjoy the benefits of selling at the right time. As a realtor who has lived in this neighborhood for 7 years, and in Los Altos and Los Altos Hills for nearly 30 years, I know the local market and am uniquely qualified to help you with all of your real estate needs.

 

Please contact me for a FREE market evaluation of your property, or if you would like to discuss your other real estate needs.  I’ll give you the personalized service you deserve.

 

From your neighborhood realtor,

 

 

Julie Hall

650.867.8111

Julie.Hall@cbnorcal.com

 

Ten Tips to Keep in Mind about Refinancing Your Home   1.       Refinancing makes sense…if your current interest rate is higher than today’s rate and you want lower monthly payments… 2.       …if your adjustable rate mortgage payment is increasing. 3.       …if you want to consolidate monthly debt such as credit cards, car loans, etc. 4.       …if you want to “cash out” equity to use for college tuition, vacations, or home improvements. 5.       …because more lenders in the jumbo market mean more attractive options. 6.       …because property values are increasing, which allows more consumers to be eligible to refinance. 7.       You can succeed in refinancing…if you work closely with your lender and discuss all fees and costs so you have a full understanding of your circumstances. 8.       …if you prepare and provide all necessary documents to your lender immediately. 9.       …if you have any movements of funds and inform your lender right away. 10.   …if you show the appraiser any and all improvements in your property.   Courtesy of Alan Russell, Senior Loan Officer, Princeton Capital:  alanrussell@princetoncap.com; 408.887.5141

P.S.  Because this is a great time to not only buy a home, but also to refinance, I’m happy to provide you with some information that will help you decide if you should, and succeed in doing so – and a handy mortgage calculator to get you started.

Julie Hall, Your Neighborhood Realtor 650.867.8111 Julie.Hall@cbnorcal.com DRE # 01906883 Coldwell Banker Residential Brokerage 161 South San Antonio Road, Los Altos

 

 

 

 

 

 

Turn over to learn “What’s New in Our Neighborhood!”

 

Julie Hall, Your Neighborhood Realtor

650.867.8111

Julie.Hall@cbnorcal.com

DRE # 01906883

Coldwell Banker Residential Brokerage

161 South San Antonio Road, Los Altos

 

 

What’s New in Our Neighborhood!

 

Currently For Sale:

Address                                               Price                     BR          BA          Home/Lot Sq. Ft.             List Date

225 North Avalon Dr.                    $3,188,000         4             3.5          3,050/10,200                     3/5/13

231 Hawthorne Ave.                     $2,980,000         5             5             3,497/12,320                    2/11/13

377 Lunada Dr.                                $2,895,000         5             3.5          3,175/10,160                    3/11/13

710 Morningside Rd.                     $2,895,000         3             3.5          2,814/5,227                      3/19/13

779 Orange Ave.                              $2,595,000         3             2.5          2,909/10,505                    3/20/13

800 Carmel Ave.                              $1,795,000         3             2             1,923/6,776                      3/11/13

3 Bay Tree Lane                               $1,395,000         2             2             1,820/2,500                      3/11/13

757 North San Antonio Rd.         $1,395,000         3             2             1,330/9,270                      3/20/13

 

Sold (since January 15, 2013):

Address                               List Price            Sale Price            BR          BA          Home /Lot Sq. Ft.            DOM

516 University Ave.   $2,890,000     $3,100,000     4          3.5       3,018/11,050                        16

475 University Ave.   $2,695,000     $3,000,000     4          3.5       3,952/ 6,650                9

30 Maynard Way      $2,498,000     $2,675,000     4          3.5       3,216/11,300                          8

661 University Ave.   $2,395,000     $2,300,000     4          3.5       3,750/6,600               113

802 Pico Lane                        $2,298,000     $2,250,000     4          2.5       2,487/8,250               77

58 Bay Tree Lane     $1,600,000     $1,600,000     2          2          1,840/2,704                 8

45 Bay Tree Lane     $1,495,000     $1,625,000     2          2          1,840/2,704                 8

50 Los Altos Square $   749,000     $  951,000      2          2          1,444/1,742               11

 

If these exciting numbers pique your interest in your own home’s value, please give me a call so we can talk about its value in today’s hot market!

 

Turn Over for “Ten Tips to Keep in Mind about Refinancing Your Home”