Tuesday, October 2, 2007

It's Pretty Warm in The Oasis


...well, maybe not as hot, anymore, but our strong market "oasis"...Sunnyvale and Cupertino...continues to thrive, with low inventory and fast sales.
There were two offers presented last night on my new listing on Russet Drive, in the Old Orchard area of West side Sunnyvale, after a weekend of busy open houses. It sold well over the listed price, with the fully preapproved buyers agreeing to the all the asked-for terms. The buyers will be responsible for replacing the roof and doing any required termite and property work. This is a perfect neighborhood for a young professional couple. It is well established, with many original owners, but there are many young families like theirs moving in, attracted by the nearby park and excellent elementary school. A win-win situation...indicative of a health market.

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