Tag Archives: Homes

Where are the Gated Homes For Sale in Atherton, CA?

Secure Homes

Benefits of Gated Homes in Atherton, CA

Gated Homes For Sale in Atherton CA

November 5, 2014- Atherton, CA – These days many busy executives, famous athletes or entrepreneurs in Silicon Valley and greater Bay Area, are seeking a luxury home that is more secure. A gated Atherton home with a driveway security, will take the worry out of your children running out into the street. And as for your cats and dogs, they will be safe from oncoming traffic as well. Finding special gated home in Atherton is a big part of that, and we have the means to show our clients those exclusive gated homes. The Benefits of a gated home in Atherton can help with that. It can raise your property value as well. Because of all these added benefits, other potential buyers looking in Atherton will see the added value of a gated home. It can increase your curb appeal- Curb appeal is about the beauty and attractiveness of your property. It keeps children and pets safe- Children or your pets often want to play outside and they should. A gated home in Atherton will better protect them from cars or going further away from your property. Written by : George Saghafian-REALTOR at http://luxurybayarearealestate.com Tags: luxury, bay, area, real,estate, gated, properties, homes

Bay Area Communities

Bay Area Home Sales Fell, Prices Rise

Real Estate for Sale in Los Altos01/15/2014 Saratoga,CA – Bay Area home sales fell 4.3 percent in November to a seasonally adjusted annual rate of 4.9 million, down from 5.12 million in October, according to the NATIONAL ASSOCIATION OF REALTORS®. Sales were 1.2 percent below the level reported in November 2012, which marks the first time in 29 months that sales were below year-earlier levels.

NAR chief economist Lawrence Yun says the market is being squeezed by higher mortgage interest rates, declining inventory and problems with tight credit. “There is a pent-up demand for both rental and owner-occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction. As such, rents are rising at the fastest pace in five years, while annual home prices are rising at the highest rate in eight years.”

Distressed homes – foreclosures and short sales – accounted for 14 percent of November sales, unchanged from October; they were 22 percent in November 2012. Nine percent of November sales were foreclosures, and 5 percent were short sales. Foreclosures sold for an average discount of 17 percent below market value in November, while short sales were discounted 13 percent.

Total housing inventory at the end of November fell 0.9 percent to 2.09 million existing homes available for sale, which represents a 5.1-month supply at the current sales pace, compared with 4.9 months in October. Unsold inventory is 5.0 percent above a year ago, when there was a 4.8-month supply.

Original Article from By Michael Fenner, Wednesday, 15 January 2014 – 10:57am