San Jose, CA Real Estate News

By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
Here's your chance to Celebrate the kick off to what we in Berryessa call another great Season of all Berryessa has to offer. No more bundling up for those cold winter months, SAT's for the kids are winding down, Pull out those summer clothes and come on out and join us! Today is the day!   Off 680 between Milpitas and East side you will find Berryessa Road follow it up to the foothills and you can't miss us. From 10:00 to 5:00 Today only. Hope to see you there, I will be running the Cotton Candy Booth between 12-2.
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1638 E. San Antonio Street San Jose, CA 95116     NEW HOMES priced from the High 500,000s Brokers Welcome   Life at Sienna in San Jose is a mosaic of life’s best opportunities. Here you’ll find 19 exquisitely designed single-family detached homes with distinctive architecture and beautiful interiors, nestled along side a golf course. Sienna is located in the heart of a city known for offering a high quality of life and a multitude of exciting cultural, recreational, educational and entertainment opportunities. Built with style and designed for comfort, the homes in this collection feature an array of distinctive features and amenities that will enhance your lifestyle. The convenient location offers easy access to both downtown and to three freeways — I-101, I-680 and I-280. It’s clear ...
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By Brad Bonnifield
(Realty World Cornerstone Group)
With all the vacant properties for sale in the greater San Jose area, the rental market has certainly seen a surge in renters. Consequently, when homeowners read the real estate section of the Mercury News, and see that there has been a 10% increase in rents, they tend to get an inflated vision of their homes' rent potential. The most difficult hurdle is imparting to an owner the reality of the market. While Sunnyvale rents may be up 12%, South San Jose may only be up 5%. Luckily (or unluckily) in the rental market there is no mls. Therefore, no DOM or CDOM, which allows for us to test the market at any price and gauge the response we are getting to our marketing. What I often tell our clients is that we need to price the property aggressively, and by that I mean weekly reductions of $1...
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Some interesting news this week from the media, Zillow aggregating the county and averaging a 6% loss in value and Forbes showing that San Jose is the best Sellers’ market in the US. One wonders who to believe and that really depends on which of the San Jose markets we look at, doesn’t it? Here are links to both those articles, each of which have more links to drill down to the information. http://www.mercurynews.com/ci_9167620?IADID=Search-www.mercurynews.com-www.mercurynews.com http://realtytimes.com/rtpages/20080428_wildwildwest.htm If we look at the area in question and check on year to date statistics then there are areas where we have seen prices drop, there have been foreclosures and many “short sales” BUT there are also many areas which have seen significant gain in value over t...
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By Steve Sparacino
(SANTA CLARA COUNTY NOTARY SERVICES)
So here is my dilemma. With gas prices up to $4.00 a gallon here in San Jose, CA, I'd love to be able to increase my travel fees for mobile notaries. However, the competition is fierce amongst notaries here as well. There is a constant state of undercutting that occures due to a saturated market. I have developed a pretty substantial book of business and I'd hate to loose a single client. So my question to you all is, have you had to deal with this? Have you lost clients do to increased travel fees? Your thoughts please.
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By Steve Sparacino
(SANTA CLARA COUNTY NOTARY SERVICES)
Hello, My name is Steve Sparacino. I am a local notary public in the San Jose area. I know the mortgage business has suffered a bit of a down turn and so has mine. You may already have a notary that you do business with, but I would love the opportunity to do business with you and your clients. Should you have just a moment to take a look at my website, http://www.santaclaracountynotary.com/, I would sincerely appreciate it. Should the notary you are currently using not be available at anytime, please give me the try. Sincerely, Steve Sparacino(408) 293-3000 
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By Steve Sparacino
(SANTA CLARA COUNTY NOTARY SERVICES)
Hello, My name is Steve Sparacino. I am a local notary public in the San Jose area. I know the mortgage business has suffered a bit of a down turn and so has mine. You may already have a notary that you do business with, but I would love the opportunity to do business with you and your clients. Should you have just a moment to take a look at my website, http://www.santaclaracountynotary.com/, I would sincerely appreciate it. Should the notary you are currently using not be available at anytime, please give me the try. Sincerely, Steve Sparacino(408) 293-3000 
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
2524 Cherry AvenueWillow Glen Listing is almost done. New Carpet, Paint, Staging.Big difference from the all original home I originally listed.If you saw before see again, you will be amazed.3 bedroom 2 1/2 Baths $815,000.Also the house on 3326 Pepper Tree Lane San Josehas been finished, I am getting lots of interest at 3 Bedroom 1 Bath for $450,000.Award Winning Schools for both properties. If you need more information on these or any other homes please feel free to e mail or call me.http://denisestuart.spaces.live.com/Denise StuartColdwell Banker
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By Dennis Pachucki
(Olinger Real Estate)
Olinger Real Estate San Jose, CADennis Pachucki Phone:408- 309-5206Fax: Email: Dennis Pachucki Olinger Real EstatebyDennis Pachucki  San Jose Vistor Center Property Search Better Business Bereau HomeProperty Search Contact UsRequest Relocation Package San Jose Community Information Links Local Partners Moving and Relocation Tips Home and Community Resource Center Interest RatesSan Jose Chamber of CommerceMilpitas Chamber of Commerce 1031 Tax Exchange    San Jose Relocation - Moving Tips Due to the ever-changing nature of the web, this page is updated often. Be sure to visit again soon to see what's Moving With Kids Moving is as hard for kids as it is for adults.   By considering a move in three stages - before, during, and after - and thinking about your children's needs during each sta...
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Olinger Real Estate San Jose, CADennis Pachucki Phone:408- 309-5206Fax: Email: Dennis Pachucki Olinger Real EstatebyDennis Pachucki  San Jose Vistor Center Property Search Better Business Bereau HomeProperty Search Contact UsRequest Relocation Package San Jose Community Information Links Local Partners Moving and Relocation Tips Home and Community Resource Center Interest RatesSan Jose Chamber of CommerceMilpitas Chamber of Commerce 1031 Tax Exchange  HOME & COMMUNITY RESOURCE CENTERCLICK ANY LINK BELOW...Community Info, Area Attractions, Local Restaurants, Movies, Weather, More... Change of Address Form, 10 Most Forgotten Items, Moving Checklist, After Your Move, More...Buying Foreclosures, Avoiding the Pitfalls, Ready to Buy?, Home Inspections, More...Setting Your List Price, Preparin...
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
Thanks to all who attended todays open house.I was plesantly suprised to see the large turn out.For all those I met, I will be doing all I can to find the homes that were requested and to assist those who are going to sell.Feel free to call me anytime, I will follow up with you also.Have a great week!Denise StuartColdwell Banker 
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
4 Bedroom 2 1/2 BathDistinguished Schools, come see the area I am always bragging about.I'd love to have you!
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
Street AddressList Price 1BedsBathsBldg SqFtAgeDOMClassMLS NumLot SizeStatusList Office3562 SWEIGERT RD$2,200,00043 1/24,090 SqFt7122176310521,344 SqFtBuena Tierra Realty & Finance Inc3579 SWEIGERT RD$1,898,0006+4+4,149 SqFt84178374924,829 SqFtRE/MAX Valley Properties5551 SWEIGERT RD$1,675,000431,800 SqFt 5217740835,603,558 SqFtCentury 21-Alpha3595 SIERRA RD$1,395,000432,660 SqFt37122176293043,560 SqFtAlain Pinel Realtors1057 MAXEY DR$1,350,0006+4+4,028 SqFt33817768669,583 SqFtBaycal Realty San Jose3658 EL GRANDE DR$1,299,000432,786 SqFt421851751492 14,810 SqFtCentury 21-Golden Hills3570 VISTA DEL VALLE$1,189,000432,997 SqFt4992176813713,068 SqFtColdwell Banker-The Real Estate People1047 VISTA DEL MAR$1,100,00044+2,231 SqFt49164175541314,810 SqFtColdwell Banker The Professional Group367...
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By Mary Pope-Handy, CRS, CIPS, ABR, SRES, Silicon Valley
(Sereno Group Real Estate)
This week I wrote more offers for short sale buyers in San Jose. My clients, who must be the nicest people on the planet, commented that they felt badly that I had to write so many offers to try to get them a house.Right then it struck me how very similar this experience is (in some ways) to when buyers are trying to get into a home in a hot seller's market. In Silicon Valley, a lot of entry level single family homes are coming on the market at $500,000 or so. These same places were purchased by their current owners a year or two ago for perhaps $600,000 or $640,000. If the condition of the home is really good, and the seller and listing agent have priced it aggressively, the home will get multiple offers.What should happen is that the listing agent and seller work out the offers until ...
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By Denise Stuart, Coldwell Banker
(Coldwell Banker San Jose Realtor )
I have been attending open houses to better inform my clients how the market is going.So here it is. The home I held open last month in my community Berryessa San Jose, CaliforniaPriced at $729,000 Tri Level home was a short sale and multiple offers. Since then a couple of homes have come on the maret and sold quickly, they were short sales also.Of course they haven't closed yet due to the paperwork of lenders and banks, so the true sale price I have not seen yet.Yesterday I went into a home that was listed for $829,000, this home had no sign, brand new listing and offers were due to come in last night.This tells me, as I keep on saying.Distinguished schools do not suffer from market trendsNeighborhood Realtors are the best suit for selling a home in a distinguished school areasI have g...
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By Mary Pope-Handy, CRS, CIPS, ABR, SRES, Silicon Valley
(Sereno Group Real Estate)
Saturday was my 15th anniversary of selling real estate, and what a memorable day it was!  My new buyer clients and I visited six houses in three adjoining districts in San Jose: south San Jose, Santa Teresa and Blossom Valley. They are looking to buy a single family home for close to a half million dollars - for Silicon Valley real estate, this is truly "entry level" housing. Not intentionally, every single home that we decided to view on Saturday happened to be a short sale. I did some short sales in the early 90s, so I thought I was prepared.I expected to see homes that were messy. Not staged.What I wasn't prepared for was seeing most of the sellers in bed (in four out of six homes). Or rather, finding locked doors so that we didn't see them. Usually. In one case we nudged open an aj...
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By John Leahy
(Realty World Land of Liberty)
There may never be a better opportunity to buy a home or an investment property in San Jose. Prices have dropped by 25% from their peaks in some market areas and there may still be another 15% of negotiating room left on the table for buyers who are willing to tolerate the vagaries of buying a short sale listing. What many buyers don't realize is that short sales can be a better bargain than buying a bank owned home (REO). That is because with the Tax Relief Act of 2007 passed in December the owners in a short sale have no concern as to the actual price they accept for their home. They aren't getting any proceeds from the sale and the debt forgiveness is generally non-taxable from a federal standpoint. California hasn't yet followed suit but it seems likely that they will. This means th...
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Are you the kind of home buyer who likes to take a hands on approach. You're checking the new listings either through MLSListings.com or an agent's automated market update (such as mine)?  Do you enjoy going to the open house the first week a new listing hits the market, or driving by a listing and deciding if you like the neighborhood and curb appeal? If you like taking the proactive buyer's approach then you should be rewarded for your efforts. Agents like myself are going forward and offering proactive buyers a percentage of the commission paid to the buyer's agent back to the buyer in the form of closing costs, interest rate buydowns, or necessary upgrades to the property. I like to offer my proactive buyers a 50% rebate from the commission being paid to me for my services. With the...
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By John Leahy
(Realty World Land of Liberty)
FSBO's - Why Cooperate when you can Participate! List for $4950! List your home where the public and over 10,000 agents are looking. The local MLS. Pay a flat fee for listing and closing your home plus commission to the buyer's agent. List your home for $4950 payable only when you close escrow.Reasonable commission to the buyer's agent (2.5%-3.0%) If you've been a FSBO for any time at all you've had agents calling you asking "will you cooperate with agents". That's agent speak for will you pay me a commission if I bring my buyer to your home. Most seller's say "of course I will...I just don't want to pay both sides of the commission."  To that I say "why cooperate when you can participate".  The whole point of paying a buyer's agent is to use that commission as an incentive for the agen...
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Condominiums & Townhomes in San Jose, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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