C.A.R. Reports Q4 2012 Housing Affordability Off Pace



The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported yesterday on the state’s housing situation. According to C.A.R. home prices were on the increase in Q4 of 2012, while low interest rates provided an offset where affordability is concerned. Overall affordability was down according to C.A.R.’s Traditional Housing Affordability Index (HAI).

CresaPartners Represents Palo Alto Networks in New Office Lease



The principal and founding partner of CresaPartners in San Jose, John Brady, recently represented Palo Alto Networks in negotiating an 110,000 ft.² office lease and project management assignment at 3300 Olcott Street in Santa Clara. Palo Alto Networks, who are a network security company, were looking to expand and relocate their corporate headquarters from their […]

California’s Silicon Valley defies national housing slump



House prices in California’s Silicon Valley are defying the national housing slump, thanks to increased wealth from initial public offerings and technology stock sales. Workers are spending their new found wealth on homes in the suburban cities south of San Francisco. The median price of a single family house in Palo Alto, home of Facebook, […]

Earthquakes Shake Up The Market Like Nothing Else



The terrible news of the devastating earthquake and the tsunami that followed it in Japan was a tragedy of huge proportions, and our hearts go out to all of those who have lost family members and friends or been left homeless as a result.

Mountain and Davidson Acquire Fairbanks Country Villas



Mountain Real Estate Capital (MREC) and Davidson Communities, LLC have acquired the Fairbanks Country Villas in San Diego. According the the news, the Torry Highlands submarket offers great opportunities for investment and this deal promises a path to profitability not too many sub-markets can offer these days. Some experts think markets within markets may be the best areas to focus upon until the bubble gets re-inflated.

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