Silicon Valley Real Estate & Miscellany

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Real Estate Agent - Certified Realty Services - BRE# 00572654
The Santa Clara County real estate market is adjusting to the tightening credit standards and subsequent loss of Buyers. From about 2002 to 2006 the real estate market was kept more active than the underlying fundamentals would justify because of the liberal financing and easy credit standards. Buyers didn't need a down payment, they didn't to verify their income and they used deeply discounted adjustable interest rate loans to qualify to financing. All of this is "coming home to roost" and the low-end of the market, in particular, is very soft. Well-priced homes in good locations are still active.
RECENT BLOG POSTS
More Experts Agree--Buy a Home Now. Two weeks ago I quoted Burton Malkiel, the author of A Random Walk Down Wall Street whose Op Ed appeared in the Wall Street Journal. "The U.S. housing bust has made the single-family home an extremely attractive investment.  House prices have fallen sharply, an...
01/19/2012
Campbell CA Homes Sales in December 2011 The Map and Chart show all Campbell, CA homes sales in December 2011 according to the local Multiple Listing Service (MLS;MLSlistings, Inc.).  The School District is shown in the column on the right. DOM is Days on Market. The Real Estate Owned (REO) is sh...
01/15/2012
Cupertino Homes Sales December, 2011 The Map and Chart show all Cupertino Homes (Single Family Residences only) sold on the local Multiple Listing Service (MLS; MLSListings, Inc.) in December 2011. Top-rated Cupertino schools combined with relatively moderate prices by Silicon Valley standards ma...
01/09/2012
Saratoga CA Home Sales in December, 2011 The Map and Chart show all Saratoga CA Single Family Residence sales in December 2011, according to the local Multiple Listing Service (MLS;MLSlistings Inc.).  The bottom row on the Chart shows the averages.  The "average" Saratoga CA home sold in December...
01/07/2012
Where To Put Your Money in 2012 Today's Wall Street Journal featured an Op-Ed by Burton G. Malkiel, author of "A Random Walk Down Wall Street".  Mr. Malkiel surveys and evaluates various investment options for this coming year.  In his Op-Ed he writes: "The U.S. housing bust has made the single-f...
01/05/2012
Where are all the Silicon Valley Homes For Sale? That's the question I'm hearing from prospective home buyers.  If it seems that there are too few homes For Sale in Silicon Valley, you're right.  The graph shows the number of residential properties listed--put onto the Multiple Listing Service (M...
01/04/2012
Using Created Notes for a Down Payment. ActiveRain Ambassador and Maryland Realtor, Margaret Woda, wrote a Featured Post entitled "Ready to Buy a House, but can't sell?"  Margaret lists excellent financing suggestions for solving the problem in her title. I'd like to add one more suggestion to he...
01/02/2012
Wordless Wednesday in the Saratoga CA Garden, Aeonium Urbicum Most Aeonia grow great in Saratoga CA.   This Aeonium Urbicum thrives in my Saratoga garden slightly under a huge Cedar Deodora.  The reddish edging is caused by direct sunlight, but it doesn't like hot, midday sun in the summer.  This...
12/28/2011
126 Sunol St., San Jose, CA 95126   Attractively Upgraded Three Bedroom, Three Bathroom  Georgetown townhouse with 1,463 Sq. Ft. built in 2004 per county records.  The Split-Level Design combined with Large Dual Pane Windows and French Doors and High Ceilings create an Open and Airy Ambiance. Spe...
12/22/2011
Almost Wordless Wednesday-In The Saratoga CA Garden-Valley Oak People call these "Valley" Oak.  This one is across the street from my home.  Saratoga squirrels love them and build their nests in them.  I should support squirrel home ownership, I suppose, but I don't.  I like them homeless and far...
12/21/2011
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Lloyd Binen

Silicon Valley Realtor since 1976; 408-373-4411
local_phone(408) 373-4411
smartphone(408) 373-4411
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What's Up in Silicon Valley Real Estate. Particularly Saratoga, Cupertino, Campbell, West Valley, Mountain View and Sunnyvale.