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THE YEAR IN
PHOTOS FROM ALMANAC COMMUNITIES | 10
2 N The Almanac N TheAlmanacOnline.com N January 1, 2014
R EAL E STATE Q&A
UP F RONT
by Monica Corman
A Good Real Estate Year Ahead Dear Monica: Have I missed the peak of the recent flurry of sales and is it too late to put my Palo Alto house on the market? What do you think will happen in the year ahead? Jane C. Dear Jane: The market is excellent and you should not be concerned that you have missed it. If you are thinking of selling in the first half of 2014, donâ€™t hesitate to put your house on the market as soon as you can. Interest rates have gone up a bit in the last two weeks and they are going to fluctuate for a while. This usually spurs even more buyers to act before rates become less attractive. You do
not need to wait for spring to sell your property. In fact, inventory is usually so low in January that you would do well to list your home during this thin period. Buyers are actively looking and even the holiday season has not slowed them down. It is not possible to predict the market for all of 2014 but it is safe to say that the first few months at least should be excellent. The first half of the year and through the summer should be fine as well. Next fall may be different but this will be better understood as the year progresses. 2014 will be a good year in real estate. Happy New Year.
For answers to any questions you may have on real estate, you may e-mail me at email@example.com or call 462-1111, Alain Pinel Realtors. I also offer a free market analysis of your property. www.MonicaCorman.com Photo by Dave Boyce/The Almanac
Ted Driscoll, a venture capitalist and entrepreneur, retired from the Portola Valley Town Council on Dec. 11, bringing to a close more than 20 years of helping to govern the town.
Ted Driscoll steps down after two decades on Town Council By Dave Boyce