Real Estate Update in Palo Alto & Los Altos

CHICAGO (MarketWatch) — Mortgage rates reached 10-month highs this week, responding to market concerns of a tight labor force and wage growth, Freddie Mac’s chief economist said Thursday.
“May’s unemployment rate remained at the second lowest level since May 2001 while average hourly earnings rose,” said Frank Nothaft, Freddie Mac vice president and chief economist, in [...]

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$1,395,000        Approx Sq Ft: 2008
Wonderful South Los Altos Home! 
This beautiful split-level home sits on a spacious 13,068 square foot corner lot. Each of the 3 bedrooms with hardwood floors is located on the main level. Also on the main level are 2 full bathrooms, a large living room with wood burning fireplace, and an eat-in kitchen. [...]

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$1,350,000        Approx Sq Ft: 1638
Stunning Creekside Setting! 
Providing charming country living right in the heart of Silicon Valley, this delightful property in a desirable neighborhood offers the very best of California indoor/outdoor living. Quietly positioned along Stevens Creek, the lush and secluded grounds enjoy the tranquil sights and sounds of moving water year-round. Minutes-away you’ll find [...]

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$1,320,000        Approx Sq Ft: 1677
3 Bedrooms, Ground Floor Bedroom, 1 Master Bedroom Suite, 3 Bathrooms, 2 or More Stall Showers, 2 or More Showers over Tubs, 1 Tub, Separate Family Room, Eat in Kitchen, Workshop, Utility Room, Laundry Area - Inside, Formal Entry, Wall to Wall Carpeting, Vinyl Floors, Tile Floors, Central Forced Air Heat, [...]

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North Palm Beach, Fla. — June 4, 2007 (Bankrate.com) — Rates on 15-year fixed mortgages in the United States rose 3 basis points to 5.75 percent on Monday, according to Bankrate.com’s daily Your Best Interest report. A basis point is one-hundredth of a percent. The mortgages in the survey had an average of 0.62 discount [...]

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