Arn Cenedella's (arncenedella) Blog

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Real Estate Agent - Coldwell Banker
RECENT BLOG POSTS
We are all aware of the GREAT mortgage interest rates available at the present time. 30 year fixed rate loans right at 5% are widely available. Not suprisingly, lenders are currently swamped with applications. If you are thinking of taking advantage of the buying opportunities that will be availa...
01/25/2009
What have median prices and median prices per square foot done in Palo Alto over the past 4 years? The median price home in Palo Alto is currently $1.7M and the median price per square foot is about $860/sf. In January 2005, the same numbers were $1.75M and $880/sf. Can this be true? Or does it s...
01/25/2009
2008 was generally a slow year for real estate on the San Francisco Peninsula. In the desirable residential communities, prices were flat to slightly declining and number of sales was typically down about 25%. But did things change for the worse after the October collapse of the stock market? The...
01/25/2009
Here is a review of the Palo Alto, California residential real estate market in 2008: Median price decreased to $1,550,000 in 2008 from $1,552,100 in 2007 - a 0.1% decrease. Average price increased to $1,760,930 in 2008 from $1,870,640 in 2007 - a 5.9% decrease. The number of sales decreased to 3...
01/25/2009
Here is a review of the Menlo Park, California residential real estate market in 2008: Median price increased to $1,392,500 in 2008 from $1,295,000 in 2007 - a 7.5% increase. Average price increased to $1,555,810 in 2008 from $1,455,860 in 2007 - a 6.9% increase. The number of sales decreased to ...
01/25/2009
73 homes sold in the White Oaks area of San Carlos in 2008. MLS Map of San Carlos Average list price was $1,035,243 and average sales price was $1,208,625. This represents a 99.36% sales price to list price ratio. Average days on market - list to contract date was 25 days. Here is a list of all h...
01/03/2009
I believe 2009 will be a good year to buy a home or investment provided the following 5 rules are followed: 1. Buy for the long-term I believe over the nexy year or so there will be many strong buying opportunities in many markets if one invests with the idea of a 5 to 10 year hold. The market ma...
01/03/2009
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Arn Cenedella

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