"What is the API score for the school?" This particular question gets asked of me more and more now. Some clients are eliminating certain homes based solely based on these scores. However, when questioned further as to what the API measures and why it is important, the responses I get vary gr...

05/29/2007

On Memorial Day

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Today is Memorial Day. A day associated with barbeque's and being outdoors in the sun with family and friends taking a day off to enjoy the coming of summer. This is great kickoff to summer and especially nice because the weather is beautiful today. But let us take a moment and remember what ...

05/28/2007

Unexpected reaction

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I consider myself a fairly calm and collected individual, things generally don't throw me off my tracks. I am in the process of forming a BNI chapter. For those of you who do not know, BNI ia a referral group where business people come together to give referrals to each other. I was running th...

05/23/2007

Heard on the street

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This is a follow up to the previous Heard on the Street post. This little gem received 13 offers after only being on the market for 8 days. It was listed at $789,000 (consistent with the selling prices in the area) and sold for $858,000 or 9% over list! A comparable home in the same area, li...

05/21/2007

Campbell Market Conditions April 2007

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Single Family Market The inventory increased a bit while sales decreased slightly as well. The market seems to be following a predicable pattern when comparing it to a year earlier. Not a dramatic difference between the two Aprils; relatively consistent. Here in Campbell, the sub-prime market...

05/17/2007

Cupertino Market Conditions April 2007

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Single Family MarketWe can officially say that market condition in Cupertino is HOT! Yes, that's a technical term. :-) The only place that is hotter is Palo Alto. Market conditions in Cupertino and a few other areas are drastically different than other areas in Silicon Valley. It's almost as if...

05/17/2007

Santa Clara County Market Conditions April 2007

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Single Family Market The disparity between the number of homes coming on the market and the homes selling continues to grow as we approach the summer months. Clearly, the number of homes sold is lower this year compared to last. The fascinating thing is that despite this disparity and the lower...

05/17/2007

Location, location, location.....

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I have always believed in buying in the best area that you can afford (meaning areas that are centrally located and with great school districts). I know, this is not an original idea but it is true: location, location, location! Why should you choose a home in this type of location rather than ...

05/17/2007

Consultant or thief?

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It is sad, but it has finally happened, a potential client was referred to me who has clearly been deceived and mistreated by a mortgage professional whose job was supposed to provide them with the best product to fit their needs. Unfortunately, we read about this type of thing in the newspape...

05/15/2007

What will you do for your client?

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What will you do for your clients? This past week a good client and now a friend came into town (he resides in two countries and visits both places frequently) and wanted me to help him buy two cars while he was here. He felt I would be better at negotiating than he and wanted to get a good de...

05/05/2007