Buying a San Jose Silicon Valley Home?If you are buying a San Jose Silicon Valley home or refinancing your San Jose Silicon Valley home, then you want to speak and understand the mortgage language. The following are some important Mortgage terms you will want to know. Adjustable Rate Mortgage (ARM): A mortgage in which the interest changes periodically according to corresponding fluctuations in an index. Amortization: A repayment method in which the amount you borrow is repaid gradually tough regular monthly payments of principal and interest. Appraisal: A fee charged by an appraiser to render an opinion of market value as of a specific date. Cash Out: Receiving money back when refinancing your present mortgage. Credit Limit: The maximum amount that you can borrow under a home equity lo... 12/12/2008

San Jose Cambrian Park Active Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007  San Jose Ca homes Cambrian Park Homes for Sale 95124 95118 There were 177 single family home listings active in the week ending November 29, 2008 compared to 164 single family home listings active in week ending December 1, 2007. Of the 177 single family home active listings there were 51 short sales, 22 bank owned homes and 104 traditional listings.There were 46 San Jose condos and San Jose Townhomes listed active compared to 47 in 2007. Of the 46 San Jose condos and San Jose Townhomes there were 10 short sales, 7 bank owned reo and 29 traditional listings. Kathleen Daniels, Broker Realtor    Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ ... 12/12/2008

San Jose Almaden Valley Active Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007 San Jose Ca homes Almaden Valley Homes for Sale 95120 There were 94 single family home listings active in the week ending November 29, 2008 compared to 57 single family home listings active in week ending December 1, 2007. Of the 94 single family home active listings there were 9 short sales, 5 bank owned homes and 80 traditional listings.There were 10 San Jose condos and San Jose Townhomes listed active compared to 9 in 2007. Of the 10 San Jose condos and San Jose Townhomes there were 0 short sales, 0 bank-owned reo and 10 traditional listings. Kathleen Daniels, Broker Realtor Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Almaden Valley ~... 12/12/2008

San Jose Blossom Valley Active Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007  San Jose Ca homes Blossom Valley Homes for Sale 95123 95136 There were 224 single family home listings active in the week ending November 29, 2008 compared to 271 single family home listings active in week ending December 1, 2007.  Of the 224 single family home active listings there were 109 short sales, 31 bank owned homes and 84 traditional listings.There were 165 San Jose condos and San Jose Townhomes listed active compared to 217 in 2007. Of the 165 San Jose condos and San Jose Townhomes there were 75 short sales, 49 bank-owned reo and 41 traditional listings. Kathleen Daniels, Broker RealtorCopyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings... 12/12/2008

Willow Glen ~ 95125Active Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007 San Jose Ca homes Willow Glen Homes for Sale 95125 There were 245 single family home listings active in the week ending November 29, 2008 compared to 189 single family home listings active in week ending December 1, 2007. Of the 245 single family home active listings there were 37 short sales, 13 bank owned homes and 195 traditional listings.There were 36 San Jose condos and San Jose Townhomes listed active compared to 33 in 2007.  Of the 36 San Jose condos and San Jose Townhomes there were 5 short sales, 7 bank owned reo and 24 traditional listings. Kathleen Daniels, Broker Realtor Copyright © 2008, All Rights Reserved by Kathleen Daniels * Willow Glen ~ 95125 ~ November 29, ... 12/12/2008

How is the real estate market doing in the Almaden Valley area of San Jose? We can look at a few key indicators to get a pulse on the current market in the San Jose, 95120, area.  Today on my Silicon Valley Real Estate Blog, I pulled the numbers out for the median list price, average days on market, and inventory levels.  Overall, it remains a buyers market for condos, townhouses, and single family homes in Almaden Valley. This is true in all price ranges (the post referenced breaks the data down by quartile) too. Here are a few highlights: Inventory is improving. This may be a seasonal fluctuation Days on market are increasing Median list prices are declining among houses and flat for condos as a whole (with variation between the quartiles) To get all the details, please see Almaden Va... 12/12/2008

San Jose Santa TeresaActive Single Family Home Listings for week ending Nov 29, 2008 compared to December 1, 2007 San Jose Ca homes Santa Teresa 95138 95119 There were 101 single family home listings active in the week ending November 29, 2008 compared to 154 single family home listings active in week ending December 1, 2007. Of the 101 single family home active listings there were 45 short sales, 18 bank owned homes and 38 traditional listings.       There were 24 San Jose condos and San Jose Townhomes listed active compared to 29 in 2007. Of the 24 San Jose condos and San Jose Townhomes there were 9 short sales, 6 bank owned reo and 9 traditional listings. Kathleen Daniels, Broker Realtor and REO SpecialistCopyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Valley ~ Sa... 12/11/2008

DOWNTOWN WINTER EVENTS SCHEDULE  Christmas in the Park Nov. 28-Jan.1Downtown Ice Nov.14-Jan.11Winter Wonderland Nov. 26-Jan. 4Farmer's Market & Holiday Craft Fair Dec 5, 12 & 19San Jose Holiday Parade Dec. 7Christmas in San Pedro Square & Scavenger Hunt Dec.7-31Gift Market at Winter Wonderland Dec. 11-23 If you are interested in making downtown San Jose home, please contact me regarding the new developments, resale homes andforeclosures at (408) 591-7778. 12/07/2008

All over America active baby boomers in their fifties and older are choosing to live in processed worlds, complete with (fake) historical landmarks and absolutely NO young people. We're all aware of places like Sun City, where seniors can enjoy their retirement without the constant influence of youth culture. There are definitely attractions to this kind of lifestyle. Five million golf courses, golden oldies pumping from hidden speakers, and lowered taxes in child-free zones are among the benefits. But the effects retirement communities have on surrounding areas aren't so rosy.  I read Age discrimination in housing market picks up steam in reverse gear in the Mercury News a few months ago. The author, Andrew D. Blechman, wrote a book called "Leisureville: Adventure in America's Retireme... 12/07/2008

   The graphs are put out monthly from a company named trend graphix, if your Broker does not get these you may want to let him or her in on this wonderful tool. I use these for sellers and buyers. How to read these is farely simple.  The first diagram shows the FOR SALE, SOLD AND PENDING.   As you can see from here, just as you see above, this is how the last 15 months has gone. What this shows in this specific area (Santa Clara County) as of November. 1.There are less homes for sale. 2. More homes pending. 3. Less homes sold. Remember, the bail out money? This caused the banks to hold off for a short time, due to the uncertainty of where this money was going, thus leading to short sales closing and forclosures listed at a stand still.  Then the word of recession, caused more people t... 12/02/2008

I know in this ever changing market it is hard to find those few great people who truely go out of there way and not expect anything back. I have met many lately. In a down market these people are around more often. I am really pleased to say, I have met a few in my last transaction and it is a breath of fresh air. I just closed on a first time home buyer and he had two of us that were truely there for him. He asked at Escrow sign off "what could go wrong now ?" I was so proud to make that call and congratulate him on the recording of his first home. With statistics saying less than 30% of short sales close.  I had much to be thankful for this Thanksgiving. I hope all of you had a wonderful Thanksgiving! I wanted to share this musical tribute to this wonderful day:-)   http://www.jacqui... 11/27/2008

San Jose Listings ~ San Jose Ca Homes Valley MLS, San Jose Ca homes Santa Teresa 95138 95119 There were 103 single family home listings active in the week ending November 15, 2008 compared to 150 single family home listings active in week ending November 17, 2007. Of the 103 single family home active listings there were 42 short sales.                 There were 19 San Jose condos and San Jose Townhomes listed active compared to 29 in 2007. Of the 19 San Jose condos and San Jose Townhomes there were 7 short sales. Kathleen Daniels, Broker Realtor and Foreclosure/REO Expert Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Santa Teresa ~ November 15, 2008* 11/23/2008

2501 Cordoba Way, San Jose, CA 95125   MLS# 80838948 This charming one story 3 bedroom 2 bath Willow Glen house features gleaming hardwood floors, granite counters, new stainless steel appliances, double pane windows, central air conditioning, a gorgeous backyard, Booksin Elementary and more. You have to see this home! Open House Saturday 11/22 1:30pm-4:30pm More pictures and virtual tour www.jimhoulihanrealestate.com Price $679,000 11/19/2008

San Jose Ca homes Cambrian Park Homes 95124 95118 Active Single Family Home Listings for week ending Nov 8, 2008 compared to Nov 10, 2007There were 175 single family home listings active in the week ending November 8, 2008 compared to 190 single family home listings active in week ending November 10, 2007. Of the 175 single family home active listings there were 46 short sales, 15 bank owned homes and 114 traditional listings.There were 51 San Jose condos and San Jose Townhomes listed active compared to 51 in 2007. Of the 51 San Jose condos and San Jose Townhomes there were 12 short sales, 4 bank owned reo and 35 traditional listings. Kathleen Daniels, Broker RealtoCopyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Cambrian Park ~ November 8, 2008* 11/17/2008

San Jose Ca homes Blossom Valley Homes 95123 95136 Active Single Family Home Listings for week ending Nov 8, 2008 compared to Nov 10, 2007There were 229 single family home listings active in the week ending November 8, 2008 compared to 284 single family home listings active in week ending November 10, 2007. Of the 229 single family home active listings there were 96 short sales, 34 bank owned homes and 99 traditional listings.There were 179 San Jose condos and San Jose Townhomes listed active compared to 233 in 2007. Of the 179 San Jose condos and San Jose Townhomes there were 81 short sales, 47 bank owned reo and 51 traditional listings. Kathleen Daniels, Broker Realtor Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Blossom Valley ~ November 8, 2008* 11/17/2008

San Jose Ca homes Santa Teresa 95138 95119  Active Single Family Home Listings for week ending Nov 8, 2008 compared to Nov 10, 2007There were 107 single family home listings active in the week ending November 8, 2008 compared to 148 single family home listings active in week ending November 10, 2007. Of the 107 single family home active listings there were 46 short sales, 17 bank owned homes and 44 traditional listings.           There were 16 San Jose condos and San Jose Townhomes listed active compared to 33 in 2007. Of the 16 San Jose condos and San Jose Townhomes there were 6 short sales, 5 bank owned reo and 5 traditional listings. Kathleen Daniels, Broker RealtorCopyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Santa Teresa Nov 8, 2008* 11/17/2008

The Silicon Valley is an area mostly comprised of Santa Clara County, with a little bit slipping into adjoining counties (Santa Cruz, San Mateo, and Alameda most of all). Within Santa Clara County, population 1.8 million, the largest city by far is San Jose, which has nearly 1 million residents. To get a pulse on the area, San Jose is usually a very strong gage. Today I used the newest Altos Research reports, to which I subscribe, to see how San Jose and Silicon Valley are doing compared to a year ago. What's surprising is to see that the market climate isn't really a lot worse. It certainly feels worse - prices are down substantially, days on market are up and inventory is not low. But in actuality, conditions are very similar to Oct and Nov 2007. To read more, please visit: How's the ... 11/17/2008

I have clients that were referred to me by a past client. Writting an offer for a short sale home. With consistant failed contact was frustrating over and over again, taking classes to make me the knowledgeable agent my clients deserved. confiding in other agents in hopes of educating myself on what was going on behind the scenes. Frustrated from wanting the answers, my client so deserved, we wrote other offers for other homes. Short sale or not, the offers were coming back and my clients were, in their hearts waiting for that original offer to be accepted.  After 5 months and 4 offers, that original offer is countered. We accept and forward we go....  I am so proud to say this home was well worth the wait. (but of course the commission was not) For that home they really wanted, they ga... 11/17/2008

We take a look at all the housing numbers for August 2008 for Almaden Valley in Santa Clara County California. You can also see a general summary of the homes sold and the general statistics.   Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  20657 View Oaks Wy   San Jose   5   4+  26   26   9   4,530   $518.76   108,900   $2,499,000   31   $2,350,000    985 Woodview Pl   San Jose   5   4+  9   83   44   4,791   $480.07   43,560   $2,598,000   18   $2,300,000    7075 Kindra Hill Dr   San Jose   5   4+  88   88   82   5,975   $384.1   13,987   $2,495,888   1   $2,295,000    19511 Mockingbird Hill Ln   San Jose   4   4+  16   16   24   4,500   $455.56   22,137   $2,250,000   2   $2,050,... 11/16/2008

Active Single Family Home Listings for week ending Nov 8, 2008 compared to Nov 10, 2007 San Jose Ca homes Almaden Valley Homes 95120 There were 100 single family home listings active in the week ending November 8, 2008 compared to 72 single family home listings active in week ending November 10, 2007. Of the 100 single family home active listings there were 9 short sales, 6 bank owned homes and 85 traditional listings. There were 12 San Jose condos and San Jose Townhomes listed active compared to 7 in 2007. Of the 12 San Jose condos and San Jose Townhomes there were 0 short sales, 0 bank owned reo and 12 traditional listings. Kathleen Daniels, Broker Realtor Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose Listings ~ Almaden Valley 95120* 11/15/2008