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SPRING REAL ESTATE 2010 A Palo Alto Weekly and Almanac publication Editor: Carol Blitzer Designer: Diane Haas On the cover: This five-bedroom, four-plus-bathroom home at 4268 Wilkie Way in Palo Alto was offered at $2.4 million in April. Photo by Veronica Weber.
DOMMUS
6 6 Spring market is warming up
Buyers hope prices have bottomed out, sellers still cautiously waiting
10 What’s on the market?
Virtual tours, statistics only offer part of what buyers need to know
13 Spring 2010 snapshot of the market
What do you get for close to the median price?
18 Putting on a happy face
30 Dirt and money:
46 Park Forest
33 Looking up
52 Mortgage market takes a breath
The changing real-estate landscape in 2010 Inventory improving in the $2.5 million to $4 million range
41 Entry-level buyers reconsidering Palo Alto
Are there houses available for under a million dollars?
A tranquil, well-located community Borrowers qualifying for more loans
54 RentWatch
Is it legal to have different requirements for married or unmarried couples?
Even minor upgrades can make a significant difference
%XPERIENCE s #OMMITMENT s 4RUST “I have bought and sold four times with Michael, and wouldn’t think of using anyone else. Michael is professional, patient, thorough, and goes the extra mile for his clients. He also has a wonderful network of service providers to help with the myriad things you need when buying or selling a home. I highly recommend him.� – C.R.
Residential Real Estate Specialist serving: Palo Alto Menlo Park Atherton Redwood City Woodside Portola Valley Los Altos Los Altos Hills Mountain View
Michael Hall s MHALL APR COM s DRE#001133676 www.MichaelHallHomes.com apr.com PALO ALTO 578 University Avenue 650.323.1111 Page 4 I Spring Real Estate Special Section