Los AltosLos Altos

HillMenlo Park

Palo Alto

Updated April 15, 2010Source: MLSListings.com

The Stricker / TenBroeck Team Alain Pinel Realtors

Jeff Stricker, Broker & Attorney ‐ Los Altos Office 650.823.8057 (DRE# 0948847)Steve TenBroeck, Broker, SRES® ‐ Palo Alto Office 650.450.0160 (DRE# 01044091)

Insider Notes • More homes sold with multiple offers (over asking price. Even in $2-3 million range.

• All-cash offers have increased in frequency. However, buyers are still very picky and tend to pursue homes with the fewest defects unless they perceive a significant discount for deficiencies.

For Sellers If you are thinking of selling your home be careful to price it accurately. Buyers are willing to buy, but they are still extremely price-sensitive.

For Buyers Inventories of homes for sale have been falling. Now’s the time to take advantage of current low interest rates. The Fed stopped buying mortgages from banks at the end of March. Rates are likely to rise very soon.

The Stricker / TenBroeck Team Alain Pinel Realtors

Jeff Stricker, Broker & Attorney ‐ Los Altos Office 650.823.8057 (DRE# 0948847)Steve TenBroeck, Broker, SRES® ‐ Palo Alto Office 650.450.0160 (DRE# 01044091)

The Stricker / TenBroeck Team Alain Pinel Realtors

Jeff Stricker, Broker & Attorney ‐ Los Altos Office 650.823.8057 (DRE# 0948847)Steve TenBroeck, Broker, SRES® ‐ Palo Alto Office 650.450.0160 (DRE# 01044091)

The Stricker / TenBroeck Team Alain Pinel Realtors

Jeff Stricker, Broker & Attorney ‐ Los Altos Office 650.823.8057 (DRE# 0948847)Steve TenBroeck, Broker, SRES® ‐ Palo Alto Office 650.450.0160 (DRE# 01044091)

The Stricker / TenBroeck Team Alain Pinel Realtors

Jeff Stricker, Broker & Attorney ‐ Los Altos Office 650.823.8057 (DRE# 0948847)Steve TenBroeck, Broker, SRES® ‐ Palo Alto Office 650.450.0160 (DRE# 01044091)

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About Jeff Stricker and Steve TenBroeck Combining a passion for analyzing market conditions with a firm belief that residential real estate simply

can’t be reduced to price-per-square-foot analysis, Jeff and Steve form a powerful resource for anyone thinking of buying or selling a home in the Mid-and South San Francisco Peninsula.

Jeff and Steve are skilled at helping their clients prevail in a tough marketplace. With a thorough command of the real estate market in Los Altos, Palo Alto and surrounding areas, unyielding client advocacy, expert negotiation skills and hands on service, Jeff and Steve help their clients achieve their goals without losing their sanity.

Jeff Stricker (jstricke@apr.com)Broker, Attorney | 650.823.8057 DRE #00948847167 S. San Antonio RoadLos Altos, CA 94022

Steve TenBroeck (stenbroe@apr.com) Broker, President's Circle | 650.543.1050 DRE #01044091578 University AvenuePalo Alto, CA 94301

Jeff Stricker Steve TenBroeck