2014 Year End Market Data

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2014 Year End Data SM & SC

The 2014 Year End Market Data gives an overview of Atherton, Burlingame, Los Altos, Los Altos Hills, Menlo Park , Palo Alto, Portola Valley, and Woodside.

Q3 Quarterly Market Report 2013 vs. 2014

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Nov 2014 Data

Q2 Quarterly Market Report 2013 vs. 2014

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Q2 Stats

Wait! Do Not Cut Down That Tree!

Woodside Trees 02Everyone loves a beautifully manicured landscape. It takes a lot of planning to get your lawns, plants, and flowers designed just perfectly to create your desired results. Even the proper placement of your trees is extremely important. Many property owners bring in new trees to help add foliage to the grounds and sometimes there might even be a need to remove your trees due to a remodel or a landscape design.

This is where you, as the owner of the property, can run into problems. Did you know that many cities in California require a permit before cutting down a tree? Your city can take this extremely seriously. If your city requires a permit and you do not have one you might be ordered to pay costly fines as well as replace any trees that were cut down. The fines can be as much as $5000 for one tree and up to $10,000 for each additional tree.

Being a Responsible Homeowner

It is important to know your local laws and to be careful about taking second hand advice as fact.  Just recently, a property owner was fined over $52,000 for cutting down six trees without a permit. Apparently, a hired tree-trimming contractor told him it was okay to cut down the trees without a permit. The contractor was wrong and the homeowner was responsible for the fine.*

Each city has their own specification of what size and type of tree can be cut down and which type of trees needs to be protected. It would be advisable to contact your local city building department where you live to inquire about the laws and permit requirements before cutting down any trees on your property.Woodside Trees 01 For an example of a tree destruction, permit click here

It is with careful care and reason that California, along with other states, ask to be careful when dealing with trees. It isn’t to be a challenge, even if it can present extra steps, but a way to ensure a balance. The benefits of trees, for bio diversity and your own health, are why there is such an interest in keeping them. And like any good law, it is easy to see the beauty within it.

*sanfrancisco.cbslocal

Q1 Quarterly Market Report 2013 vs. 2014

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Q1 2014 Report

Kicking off the year in Palo Alto!

One of a kind 28,000 sq ft lot in the heart of Crescent Park

Palo Alto Price per Sq Ft for past six months per Trendgrahphix

Facts and Trends TM

 

Published March 2012*

Location: Palo Alto
Price Range:  $0 – No Limit
SQFT Range:  0 – No Limit
Property Types:  Single Family Homes
Bedrooms:  0 – No Limit
Full Baths:  0 – No Limit
Half Baths:  0 – No Limit
Year Built:  0 – No Limit

If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published March 2012, based on data available at the end of February 2012. All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Francisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Crescent Park – Palo Alto, CA

Inviting, gracious and charming  is what most people have to say about Crescent Park and its stately homes and tree lined streets.  It is an area that has been growing since the 1920’s offering a wonderful array of classic homes on some of Palo Alto’s prettiest tree lined streets. Bordered by San Francisquito Creek, Newell Road, Fulton Street and Channing Avenue, Crescent Park provides easy access to downtown, Hwy 101, the main library, and Eleanor Pardee Park. Known as a warm and friendly neighborhood, there is an active neighborhood association that keeps neighbors connected and informed.   While attention in the past few years has focused on Old Palo Alto, you will find the same charm and allure in the architecture and sense of community in Crescent Park.   Schools in Crescent Park are Duveneck Elementary, Jordan Middle School and Palo Alto High, all part of the highly rated Palo Alto Unified School District.

Counties Currently Participating in Prop 90

Eight California counties currently participate in Prop 90 tax base transfers.   They include Alameda, San Diego, San Mateo, Santa Clara, Los Angeles, Orange, El Dorado and Ventura.    Santa Clara County supervisors recently voted to keep Prop 90 in place while El Dorado County was a new addition in 2010.

Prop 90 allows people aged 55 & over  to transfer a property’s factored base year value from an existing residence to a replacement residence between the participating counties.   Replacement properties must be of equal or lesser value than the original property.

This means you could sell your long time residence in Palo Alto and purchase a replacement property in San Diego that was of equal or lesser value than your Palo Alto home and apply to have your existing tax base transfer to your new property.    It can be a great benefit if you have owned a home for many years.

The participating counties can change at any time and you should always talk to your financial advisor regarding requirments of your specific situation.