Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Monday, December 29, 2008
Bank Owned Almaden Valley Home
Very gorgeous Almaden Valley bank owned home that has been updated throughout with remodeled kitchen and baths with new appliances, cabinets, and granite vanities. The backyard has a beautiful large in ground pool, fire pit, boat and RV parking. Excellent schools and neighborhood. List price $799,900. Please contact krasmussen@interorealestate.com for more information.
Santa Clara County Market Trend Week Ending 12/29/08
30 year fixed rate near 5%
Conforming rates for a 30 year fixed were at 5.375% with zero points on Friday. This is a payment of $5.60 per $1,000 borrowed. If you pay one point, then your rate is 4.875% or a payment of $5.29 per $1,000 borrowed. This is a great time to refinance into a historically low rate.
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