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
Campbell Ca, Homes Sales in November 2011 The Map and Chart show all Campbell, CA homes sales in November 2011 according to the local Multiple Listing Service (MLS;MLSlistings, Inc.).  The source of the square foot information on the Chart is designated by A (assessor's office), V (paid vendor su...
12/17/2011
Saratoga CA Home Sales in November 2011. The Chart and Map show all Single Family Residences sold in Saratoga, CA in November 2011 according to the local Multiple Listing Service (MLS;MLS Listings, Inc.).  The source of the square foot information is designated by A (assessor's office), V (paid v...
12/15/2011
Wordless Wednesday--In the Saratoga CA Garden--Crassula Falcata for Holiday Color Crassula Falcata grows great in drought tolerant Saratoga gardens.  It blooms beautifully in December, when bright colors "pop". 
12/14/2011
Weird Stuff in Real Estate: Patch the Cracks and Then Disclose the Cracks. Cracks in sheetrock are very common in Silicon Valley homes.  We have earthquakes and we have expansive clay soils in some in parts of the Valley.  As a result many homes shift enough to crack the sheetrock.  Usually they'...
12/13/2011
Trends in Distress Sales in Santa Clara County; A Market Report. The graph shows the percentage of MLS (Multiple Listing Service) Single Family Residence sales that were reported to be either Foreclosures (REO) or Short Sales, according to the local MLS (MLSListings, Inc.).  Foreclosures refer to...
12/12/2011
Saratoga CA Residents are Tops in Education. That's the conclusion from the Demographic Research Unit of California's Department of Finance.  They analyze U.S. Census Bureau data.  Seventy-six percent of Saratoga residents have a bachelor's degree, or higher.  That ranks third highest among ALL C...
12/12/2011
What the News Media Keep Secret--How Much Buyers Can Negotiate off the Asking Price of a Home in Santa Clara County, CA. The Graph shows the Percentage of the List Price received in the final Sale Price for Single Family Residences sold in each city in Santa Clara County, according to the local M...
12/11/2011
Median Home Sale Prices in Santa Clara County & Saratoga CA; Jan. 2002 - Nov. 2011 and Market Report and Recapitulation. The graph shows the Median Sale price of Single Family Residences sold in Santa Clara County and the City of Saratoga, CA from January 2002 through November 2011, according to ...
12/10/2011
When are my Santa Clara County Property Taxes Due?    They were due November 1st, 2011.  But if your payment is postmarked by the delinquent date--December 10, 2011--no late penalty will be assessed.  If your payment is late, the penalty is a stiff 10% of the amount due.  This payment pays the pr...
12/08/2011
(Almost) Wordless Wednesday--In the Saratoga CA Garden--Agave Victoria Reginae This hardy Agave Victoria Reginae is growing outside my home in Saratoga in a raised planter with fast draining soil.  She's happy.  Even a light freeze which we sometimes get, doesn't bother Victoria Reginae.  She's t...
12/07/2011
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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.