Mary Pope-Handy's Silicon Valley Real Estate Commentary

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Real Estate Agent - Christie's International Real Estate Sereno - 01153805
A discussion on the real estate market and practice, particularly in the greater Silicon Valley area, particularly within San Jose, Los Gatos, Saratoga, Monte Sereno, Campbell, and adjacent areas.

ARCHIVED BLOG POSTS

2014 

The whole arena of selling distressed properties feels like a quagmire to most people. We all know it's tricky, and difficult, and have heard that it's frustrating, but also that it's doable.People wanting to buy homes that are in foreclosure, or have been foreclosed on, or are in a short sale si...
06/23/2014
I'm trying to read more blogs which are written by others in my part of the world, Silicon Valley. The variety is mind-boggling between those who clearly target their desired client base and those who don't. This concept is exceedingly well executed in Silicon Valley Lofts http://www.siliconvalle...
06/23/2014
It seems that everyone in the San Jose area asks, "How's the Silicon Valley real estate market doing?"The answer is cagey, but true. It depends.Median prices are up in Campbell by 4% year over year. They're down in Los Gatos by 26%. They are up in Los Altos, but down in Los Altos Hills. Palo Alto...
06/23/2014
The absorption rate is the amount of time it would take for the market to "absorb" or empty out the current inventory if homes continued selling at the same rate with no new homes coming on the market. It can be measured as days, weeks, or months of inventory. This is one of the most helpful ways...
06/23/2014
The months of inventory, or absorption rate, in Saratoga, CA reveals that the market is not too unhealthy in this high-end community. While much of Silicon Valley is struggling with long months of inventory, the condominium and townhouse market & single family home market in Saratoga both remain ...
06/23/2014
How's the real estate market in Willow Glen? This classy district of San Jose is faring better than most of Silicon Valley in terms of the single family home market, but it's been fairly rough among townhomes and condos, where the market has been more volatile.Below, please find a graph I created...
06/23/2014
Studying the months of inventory, or absorption rate, is a great way of seeing how the market is doing. It's a ratio of the active listings to the solds that month (or week or year). Today I took a look at a larger area of real estate than I normally study. Instead of looking at just Cambrian Par...
06/23/2014
The housing market in Santa Clara, CA, is showing some signs of improvement. Let's first look at the monthly absorption rate, which is a ratio between current inventory and closed sales during the month. It's a way of understanding the health of the market and is a hypothetical figure of how fast...
06/23/2014
One of the most sought-after areas among first time Los Gatos homebuyers is Blossom Hill Manor, also known as Blossom Manor or simply The Manor. What's the draw? Often it's the award winning Los Gatos schools, two of which are within a mile: the newly remodeled and renovated Blossom Hill School ...
06/23/2014
Surrey Farms, offically called Surrey Farm on the county records, is a highly sought after neighborhood in the Kennedy Road area of east Los Gatos.   A comforably sprawling enclave (it looks to be gated, but the gate never closes) of low-key but spacious homes reside on large, quarter to half-acr...
06/23/2014
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Mary Pope-Handy

CRS, CIPS, ABR, SRES, Silicon Valley
local_phone(408) 335-1432
smartphone(408) 204-7673
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