Campbell, CA Real Estate News

By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
Median Home Price History in Campbell, CA The Graph shows the Median Sale Price of Campbell, CA homes each June from 1998 through June 2011 according to the local Multiple Listing Service (MLSListings, Inc.). The Median Sale Price in June 2011 was $667,500. To talk about the Market Value of your Campbell, CA home or any real estate situation, please don't hesitate to call or e-mail me.  The lessons I've learned from 35 years of local real estate sales experience benefit my clients throughout a real estate transaction. Lloyd Binen Realtor/Broker/ CA DRE 572654 Certified Realty Services 19200 Shubert Drive Saratoga, CA 95070 Certified Residential Specialist (CRS); Graduate, Realtors Institute (GRI)
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
HOW LONG WILL IT TAKE TO SELL A CAMPBELL, CA HOME? In June 2011, it took 34 days, on average, to sell a Campbell CA home (Single Family Residence) according to the local Multiple Listing Service (MLSListings, Inc.)  That was 16% fewer days than the June average.  It was also the fewest number of days needed to sell since June 2006. Please feel free to call or e-mail to talk about your Campbell, CA home or to discuss any real estate situation.  The lessons I've learned from 35 years of local real estate sales experience benefit my clients throughout a real estate transaction. Lloyd Binen Realtor/Broker/ CA DRE 572654 19200 Shubert Drive Saratoga, CA 95070 Certified Residential Specialist (CRS); Graduate, Realtors Institute (GRI) 408-373-4411  
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Short sales are not easy. They require patience and a lot of work. The work all pays off in the end when a homeowner avoids foreclosure. It paid off for Campbell California homeowners who made the all important call to Kathleen Daniels. Timeframes will most definitely vary depending on the number of loans and who services the loans. Below is an outline of the timeframe for this Campbell Home which was eligible for, and approved for, a HAFA short sale. List Date: 2/25/2011 List Price: $589,000 Sale Date: March 6, 2011 Days on Market: 9 Lender Approval: May 25, 2011 (Wells Fargo Home Mortgage - 1st Mortgage | Chase - 2nd Mortgage Close of Escrow: June 24, 2011 Sales Price: $620,000 List to Close: 4 months HAFA short sale: Sellers received $3,000 for relocation expenses You can save your ...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Campbell Real EstateMarket Report Week ending May 28, 2011 compared to May 29, 2010There were 121 Campbell homes, including short sales and bank owned homes in the week ending May 28, 2011 compared to 122 Campbell homes, including short sales and bank owned homes in week ending May 29, 2010. Of the 121 homes there were 15 short sales, 3 bank owned homes and 102 traditional homes for sale. The number of short sales continue to increase in the Campbell. Understand foreclosure alternatives ... foreclosure is not the only option. Median Price: $678,500 Average Price: $698,073 No. of Sales: 24 Sale vs. List Price: 98.6% Days on Market: 55 Understand foreclosure alternatives ... call 800-972-1822 for a free no obligation consultation. Don't want until you're out of time ... call today! Campbe...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Campbell Real EstateMarket Report April 30, 2011Week ending April 30, 2011 compared to May 1, 2010 There were 124 Campbell homes, including short sales and bank owned homes in the week ending April 30, 2011 compared to 120 Campbell homes, including short sales and bank owned homes in week ending May 1, 2010. Of the 124 Campbell homes there were 20 short sales, 2 bank owned homes and 102 traditional Campbell homes. The number of short sales continue to climb in the Campbell Real Estate Market. Understand foreclosure alternatives ... foreclosure is not the only option. Median Price: $629,944 Average Price: $703,100 No. of Sales: 24 Sale vs. List Price: 98.0% Days on Market: 34 Understand foreclosure options ... call 800-972-1822 for a free no obligation consultation. Don't want until you'...
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
Campbell, California Home Sales and Real Estate Market Update for April 2011. The Map and Table below show Single Family Residences in Campbell, California that were sold in April, 2011 according the MLSListing, Inc.  In April 2011 Campbell homes sold, on average, for 98% of their Asking price. The number of Campbell, California Listings and Sales each March from 1999 through 2011 is available here.  I'll post April, 2011 Listing and Sales when they're available sometime after May 5th.  The median Sale Price of Single Family Residences in Campbell every March from 1999 through 2011 is available here.  Again, I'll post the April 2011 Median Sales price when it is available sometime after May 5th. For a more in depth analysis of a particular Campbell, CA home, or to talk about your real e...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Campbell Real EstateMarket Report April 2, 2011Campbell HomesWeek ending April 2, 2011 compared to April 3, 2010 There were 117 Campbell homes, including short sales and bank owned homes in the week ending April 2, 2011 compared to 100 Campbell homes, including short sales and bank owned homes in week ending April 3, 2010. Of the 117 Campbell homes there were 15 short sales, 5 bank owned homes and 97 traditional Campbell homes. The number of short sales continue to climb in the Campbell Real Estate Market. Understand foreclosure alternatives ... foreclosure is not the only option. Median Price: $705,000 Average Price: $781,895 No. of Sales: 21 Sale vs. List Price: 98.2% Days on Market: 31 Campbell Homes for SaleUnderstand foreclosure options ... call 800-972-1822 for a free no obligatio...
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
Campbell California Real Estate Market Update; Home Listing and Sale Trends though March 2011. The graphs nearby show the number of Listings (i.e., Homes put on the Market For Sale) and the number of Sales of Campbell California homes reported on the local Multiple Listing Service (MLSListings) each March from 1999 through 2011.  The March Average (i.e., median) Sale Price from 1999 to 2011 can be viewed here. The number of Sales of Campbell homes in March 2011 was unchanged compared to March 2010, and were very slightly  (10%) below average for this time of year. The number of Campbell homes put on the market  For Sale in March 2011 was 7% below average, and that follows the countywide trend of fewer listings. The reduced number of listings For Sale tends to keep  upward pressure on pr...
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
Campbell California Real Estate Market Update; Home Prices- Trends Through March 2011. The graph below shows the Median Sale Price of Campbell, CA Single Family Residences sold on the local Multiple Listing Service (MLSListings) every March from 1999 through 2011. The March 2011 Median Sale Price of $705,000 was essentially unchanged from one year ago.  The jump in prices from March 2005 through March 2008 was caused by lax lending standards and easy credit.  Easy credit opened the flood gates to buyers who were otherwise not financially qualified for financing, and pushed prices beyond sustainable levels.  The median price masks large variations throughout the city of Campbell. For a more in depth analysis of a particular  Campbell, CA home, or to talk about your real estate situation,...
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
CAMPBELL CA REAL ESTATE MARKET UPDATE AND TRENDS The graphs nearby show the number of Listings (i.e., Homes put on the Market For Sale) and the number of Sales of Campbell, CA Single Family Residences reported on the local Multiple Listing Service (MLSListings) each February from 1999 through 2011.  The Median Sales Price from 1999 to 2011 may be viewed here. Both Sales and Listings are below average for this time of year. Sales are down 70% and Listings are down 8% compared to the average for the previous 13 years.  A record low of only five Campbell homes sold in February 2011.  Although Campbell, CA has not been hard hit by foreclosures, only 9% of Campbell sales last year were foreclosures, compared to 15.5% countywide average, the real estate market has been adversely affected by t...
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By Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411
(Certified Realty Services)
The graph below shows the Median Sale Price of Campbell CA Single Family Residences each February from 1999 through 2011, according to the local Multiple Listing Service (MLSListings). The February 2011 Median of $628,000 represented a 3% decline compared to February 2010, and a 22% decline from the $810,000 peak in February 2005. Much of the decline occurred because of an unsustainable 110% increase in the median price between 1999 ($386,250) and 2005 ($810,000).  That meteoric increase resulted from easy credit.  Mortgage loans requiring no down payment or verification of income were not rare, and they opened the floodgate to home buyers who otherwise could not get financing.  For a more in depth analysis of a particular Campbell home, or to talk about your real estate situation, plea...
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By Trang Beuschlein, Campbell CA Real Estate - Campbell CA Homes for Sa
(Homes for Sale in Campbell CA- Broker-BKR Realty)
Campbell CA Real Estate:  Closing Costs When Buying a HomeWhen buying a home in Campbell California, some buyers don't realize that they need to bring more than the down payment in order to finalize the purchase of their Campbell CA real estate. Even though certain closing costs are negotiable, some typical closing costs paid by someone buying Campbell CA real estate include, but is not limited to the following:  Loan Origination Fee Flood Check Fee Tax Service Fee Appraisal Fee Credit Report Fee Underwriting Fee Prepaid Loan Interest Charges Lender's Title Insurance Policy Notary Fee         Recording Fee Courier Charge Inspection Costs Home Warranty Cost Prepaid Property Taxes Homeowner's Insurance Charge When you apply for a home purchase loan, you should receive from your mortgage b...
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By Trang Beuschlein, Campbell CA Real Estate - Campbell CA Homes for Sa
(Homes for Sale in Campbell CA- Broker-BKR Realty)
Homes for Sale in Campbell CA:  March 2011There are currently 115 single-family homes for sale in Campbell CA.  Twelve (12) homes are REO/bank-owned; thirty-one (31) are short-sales; and the remaining seventy-two (72) are normal sales.  As illustrated in the chart below, just a little over 1/3 of the homes for sale in Campbell CA are "distressed sales." The median list price of the current single-family homes for sale in the city of Campbell CA is $679,000 and average list price is $722,433.  The highest list price is $1,599,000 (5,500 sq ft and normal sale) while lowest list price is $395,000 (~1500 sq ft and REO/bank-owned).  The homes currently for sale have been on the market for an average of 79 days.There are currently 67 condo/townhomes for sale in Campbell CA.  Six (6) homes are...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Campbell Real EstateMarket Report February 2011Campbell HomesWeek ending February 26, 2011 compared to February 27, 2010There were 110 Campbell homes, including short sales and bank owned homes in the week ending February 26, 2011 compared to 82 Campbell homes, including short sales and bank owned homes in week ending February 27, 2010. Of the 110 Campbell homes there were 18 short sales, 9 bank owned homes and 83 traditional Campbell homes. The number of short sales continue to climb in Campbell Real Estate Market. Understand the foreclosure alternatives ... foreclosure is not the only option. Median Price: $628,000 Average Price: $643,600 No. of Sales: 5 Sale vs. List Price: 94.9% Days on Market: 91  Understand foreclosure options ... call 800-972-1822 for a free no obligation consult...
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By Trang Beuschlein, Campbell CA Real Estate - Campbell CA Homes for Sa
(Homes for Sale in Campbell CA- Broker-BKR Realty)
Campbell Foreclosures and Short-Sales Update:  Condos/Townhomes Campbell foreclosures (REO/bank owned) and short-sales consisted of only 14% and 19% of total condos/townhomes sold in Campbell for the year 2010. For this year so far, the percent of Campbell foreclosures and short-sales has more than doubled to 72% of total condos/townhomes sold in Campbell, compared to only 33% for all of last year.  As shown in the chart below, of the total Campbell condos/townhomes sold in January and February of 2011, 43% have been REO/bank owned properties and 29% have been short-sale properties. This is a great time for buyers to get a great deal on foreclosed condos/townhomes in Campbell! Trang Beuschlein has been helping those selling or buying Campbell Real Estate for years, providing exceptional...
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By Trang Beuschlein, Campbell CA Real Estate - Campbell CA Homes for Sa
(Homes for Sale in Campbell CA- Broker-BKR Realty)
My Offer on a Campbell Home is Accepted, What Do I Do Next? First of all, congratulations on getting your offer accepted!  When buying a Campbell Home, some common next steps include (but is not limited to): 1)      DEPOSIT CHECK IS SENT TO TITLE/ESCROW COMPANY.  The title company will cash the check and put it into an escrow account to be applied towards your closing costs/down payment.  Make sure you have enough funds in your account to cover the check.  If your check bounces, you can be in default of the contract and lose that dream home. 2)      INSPECTIONS ARE ORDERED.  Your Campbell Realtor will recommend some reputable inspectors in the area and even schedule the inspections for you.  Some recommended inspections include, but are not limited to:  property, termite/pest, roof, chi...
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By Trang Beuschlein, Campbell CA Real Estate - Campbell CA Homes for Sa
(Homes for Sale in Campbell CA- Broker-BKR Realty)
Campbell Foreclosures and Short-Sales Market Update:  Single Family Homes In 2010, Campbell foreclosures (REO/bank owned) and shorts-sales consisted of only 8% and 9% of total homes sold in Campbell. This year so far, the percentage of Campbell foreclosures and short-sales has jumped to 41% of total single family homes sold in Campbell, compared to only 17% for all of last year.  As illustrated below, of the total Campbell homes sold in January and February of 2011, 23% have been REO/bank owned properties and 18% have been short-sale properties. Trang Beuschlein has been helping those buying or selling Campbell Real Estate for years, providing exceptional service.  When you need an experienced Campbell Realtor, you can count on Trang to help you sell or buy your Campbell home.  Please c...
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By MichelleCherie Carr Crowe .Just Call. 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
38 Campbell 95008 Distressed Properties for Sale by Michelle Carr Crowe, Top 5% Santa Clara County real estate agent, ABR, CDPE Campbell real estate expert Are you looking for a bargain? Do you have all cash and are just waiting for the right opportunity? Are you willing to wait a while for the bank or lender to accept your offer? Right now there are a total of 38 Campbell 95008 Distressed Properties for Sale on the market without contracts...yet. Some are Saratoga foreclosures, some are bank-owned homes in Saratoga and others are short sales (or potential short sales) in Campbell 95008. As an Accredited Buyer Representative (ABR) and Certified Distressed Property Expert, I and my team can negotiate the best terms for you...a contract that actually results in you getting the home you wa...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Bank Owned Home - Preview with Gas MaskI was showing property Saturday morning 2/26/2011  First stop 364 Shamrock Drive, Campbell, CA 95008Owner of Record: First Horizon Home Loan When I arrived at the property at 10:00 am my clients and their two twin boys (who will be 2 in April) were standing in front of the property peering inside.I greeted them and their adorable boys and proceeded to open the front door. At first glance I could see trash in the living room. I walked in … made it about 8 feet inside the door … and turned and ran outside. My eyes were watering and I nearly threw up. I was sure something had died inside the home. My client had walked in behind me … as I turn back to the front door (I had faced away from them in case I did get sick) I see my client running outside … I...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate
(KD Realty - 408.972.1822)
Campbell Homes  January 29, 2011 Market ReportCampbell HomesWeek ending January 29, 2011 compared to January 30, 2010There were 93 Campbell homes, including short sales and bank owned homes in the week ending January 29, 2011 compared to 75 Campbell homes, including short sales and bank owned homes in week ending January 30, 2010. Of the 93 Campbell homes there were 18 San Jose short sales, 6 bank owned homes and 69 traditional Campbell homes. The number of short sales continue to climb in Campbell Real Estate Market. Understand the foreclosure alternatives ... foreclosure is not the only option. Median Price: $669,000 Average Price: $765,635 No. of Sales: 17 Sale vs. List Price: 97.1% Days on Market: 79 Understand foreclosure alternatives ... call 800-972-1822 for a free no obligation ...
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