Thursday, July 29, 2010

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Market Information

Where does the San Jose Housing Market go from here?

Last week I heard the saying that 80% of the statistics quoted are made up on the spot.  Certainly, most have heard the saying that “statistics can be made to say anything you want”. The exact reason why most marketing experts look at trends more than a single number stat. With that said, [...]

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Where are the buyers’ markets in San Jose and Santa Clara County?

The median price for single-family, re-sale homes reached its highest level since August 2008: up 34.6% year-over-year to $632,450. The sales price to list price ratio, a good indicator of demand, for single-family, re-sale homes in Santa Clara County was 101% in April.  This is the tenth month in a row the indicator has been [...]

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Bright Spots in South Santa Clara County – San Martin, Morgan Hill, Gilroy

The municipalities of Silicon Valley attract a lot of attention and have certainly become the central focus of many home buyers. But more and more, the south end of Santa Clara County is being recognized for its opportunities in housing and general lifestyle.   Morgan Hill, San Martin, and Gilroy make [...]

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Home for Sale – Incredible Value in Santa Teresa San Jose

Santa Teresa Charmer!

Overview
Maps
Photos
Features
Description
Neighborhood
Market Stats
IDX Search

$525,000

Single Family Home
For Sale

Main Features

3 Bedrooms
2 Bathrooms
Interior: 1278 sqft
Lot: 6,000 sqft

Location

5926 Fishburne Ave
San Jose, CA 95125

CJ Brasiel Broker Associate, SRES, GREEN

Fireside Reatly
(408) 406-6035
CJ@CJBRealEstate.com
http://www.CJBRealEstate.com

Listed by: CJ Brasiel, Fireside Realty

Our recent listings
Cambrian Park Home For Sale
Extra Large Lot R-2, 4BR/2BA, Downtown San Jose

Subscribe to our [...]

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San Jose Housing Market Report – An Ever Changing Game

The Fed plans to stop buying mortgage-backed securities the end of March.  The general consensus among mortgage brokers is rates will have to rise to attract new buyers of MBS if the Fed does stop buying. After reaching a low last November, the rate for 30-year fixed mortgages has already risen .25%-.375% in anticipation. The [...]

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Top 10 Tips for Selling Your Home in this Housing Market.

Whether or not you have ever sold a home, there exist challenges to selling a home never seen before.  It takes a “cool hand” to make the deal work.  Maybe I should say, it takes a lot of cool hands to make it work.  There are lot of different ways to sell a house but [...]

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Real Estate Appraisals Now Lagging in Many San Jose Neighborhoods

Investors are back in the market, and they’re paying all-cash, mostly for property under $500,000. The effect of this is to freeze out first-time home-buyers who have to get a loan. Banks are still chary about providing loans. About the only loans left for first-time buyers are FHA loans.  So, while the first-time buyer is [...]

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Beautiful Cambrian Park Home for Sale San Jose, California

Cambrian Park Home For Sale

Overview
Maps
Photos
Description
Neighborhood
IDX Search

$899,000

Single Family Home
For Sale

Main Features

6 Bedrooms
3 Bathrooms
1 Partial Bathroom
Interior: 2274 sqft
Lot: 9,625 sqft

Location

14906 Conway Avenue
San Jose, CA

CJ Brasiel Broker Associate, SRES, GREEN
Fireside Reatly
(408) 406-6035
CJ@CJBRealEstate.com
http://www.CJBRealEstate.com

Listed by: CJ Brasiel Fireside Realty

Our recent listings
Cambrian Park Home For Sale
Extra Large Lot R-2, 4BR/2BA, Downtown San Jose

Subscribe to [...]

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Waiver on 90-day flipping rule will help FHA buyers find a home.

It is not uncommon over the last two years to find a statement on the multiple listing service that reads “no FHA loans 90 day rule applies”. Which basically meant that an investor had purchased a home, most likely and REO (foreclosed home), completed repairs, new carpet, paint and then placed in back on [...]

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Home Sales Bounce Back, Ending the Year on an Up Note

Sales of single-family, re-sale homes rose 27.9% in December compared to December 2008.  With the extension, and expansion, of the tax credit for buyers, we expect sales to be strong through Spring because of the first-time home buyers tax credit of $8,000 for buying a principal residence. First-time buyer is a buyer who has not [...]

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Shadow Inventory – Myth Busted by Foreclosure Radar.com

The number of “notices of defaults” (NODs) are climbing and climbing. But the reality is the current home buyer is not the one being able to take advantage of these returned homes.

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How’s the Housing Market in Willow Glen – San Jose?

The market barometer that indicates whether or not the Willow Glen area is in a buyer’s market or seller’s market. Currently, there is only about four months of inventory on hand which would lean toward a seller’s market.

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