ARCHIVED BLOG POSTS
2009
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If you live in our Almaden neighborhood, keep yourself updated on the rash or recent robberies throughthe following links: www.crimereports.com http://tjmartinneighborhood.ning.com
08/21/2009
If you are a first time home buyer, or know someone who is now looking, because mortgage approvals, residential inspections, and other steps in the purchasing process typically take about two months, buyers hoping totake advantage of of the $8,000 tax credit, will need to be in contracty by the...
08/21/2009
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There are some who are speculating that the bank and/or governmentare holding onto properties and gradually putting them on the marketso as not to flood the market and cause a huge drop in home values.After all, California currently has the highest number of NODs(Notice of Default) in the nation,...
08/21/2009
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How many times have you driven by that mess on Blossom Hill and said, "Oh yeah! Wasn't that supposed to have opened this year?'Well, you'll have to look at it for another year, as it is not slated to be finished this time until the fall of 2010. So we'll all continue to drive to Los Gatos to spoi...
08/09/2009
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For the month of July, there were 227 homes for sale, and almost 25% of homes sold in Willow Glen.The average sales price was $715,000, and average days on market was 63. July 2009 City/Area Willow Glen (10) New Listings Current Inventory Closed Sales 80 227 55 Average DOM Average Sales Price M...
08/09/2009
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Currently, 1/3rd of the single family homes in Almaden Valley are selling. A pretty good number considering today's market. Of course there are fewer bank-owned and short sales here, but this has still effected the average sales price, and many owners are not selling unless they must. Single Fami...
08/09/2009
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Just last week there were 372 properties in Santa Clara County that went back to various banks. It would appear that the banks are simply sitting on them, waiting for the market to get better. This is causing a huge build-up of property that experts call "shadow inventory." Right now prices are u...
08/07/2009
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The $8,000 first time home buyer tax credit is available for escrows that close before December 1, 2009, with the abundance of short salesand bank-owned properties on the market, please be aware that transactions do not always close on time. This means that althoughsometime in October is a good t...
08/07/2009
Did you know that not all home search sites are equal? By that I mean that those sites run by media companies,orcompanies that are not actual real estate brokerages mostlikely do not particiipate in IDX (Internet Data Exchange), whichallows brokers and agents to show eachother's listings ontheir ...
08/07/2009
For many buyers, placing an offer on a home below the $400,000has become a very daunting task. I have placed a number of offers for very decent, qualified and pre approved clients, (evencash buyers!), within days of a new home reaching the market, and in over 80% of these cases, never received a ...
08/02/2009
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Covering San Jose, Los Gatos, Campbell and Cupertino Neighborhoods.