REO

Where are the real estate deals in San Jose?

August 19, 2011

Recent housing reporting has been all over the place. The price range between $300,000 – $600,000 is still very competitive with some listings going for 101% to 103% to list price. But there are strong indicators that the above $700,000 market is going to start feeling price pressure. Why? When the housing bust started, the […]

Where are the foreclosures in San Jose?

April 28, 2011

Simple answer. Everywhere. In San Jose, according to Foreclosure Radar, there are 600 foreclosed single family homes, condominiums, and town homes in the San Jose area. See the map below for the general distribution (partial display as there were too many to place on one map). Certainly there are pockets of hard hit areas, Alum […]

How much of the San Jose real estate market is short sales?

February 15, 2011

I have been tracking short sales and REOs (foreclosures) in the San Jose area since June 2007. I can tell you, consistently, short sales have represented about 30% of active listings and foreclosures have represented about 10-15% of the active listings. I show homes that are listed as short sales. I hear there are agents […]

Foreclosures San Jose Open Houses February 13th

February 13, 2011

There are some great deals with foreclosures this weekend in San Jose. Lots of open houses to visit and a chance to get into a home while interest rates are still low. Remember, to purchase an REO home, you must be pre-approved, have proof of funds to close, and be ready to purchase AS IS. […]

Bank owned, REO, Open Houses San Jose February 6th, 2011

February 6, 2011

If you are not planning on watching the Super Bowl, here are some potential deals in San Jose this weekend. Here is a list of bank owned homes that are for sale in San Jose with open houses today, Sunday. Contact me if you would like copies of comparable sales for any of these homes.

Bank owned, REO, Open Houses San Jose January 30th 2011

January 30, 2011

Here is a list of single family homes, condominiums, and townhomes that are bank owned (REO) properties available for sale and open Sunday January 30th, 2011. Contact me if you would like comparable market information for any of these homes. Click here for PDF of listings.

Short Sale Deals. Really?

September 26, 2010

The new Multiple Listing System (MLS) software provides a quick glance of information pertinent to real estate professionals about the daily real estate world. This “hot” list includes New Listings, Pending Sales, Reduced List Price, Sold, and Increased List Price. Increased list price? It caught my eye when I realized in the last week, 32 […]

Where does the San Jose Housing Market go from here?

May 24, 2010

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, I took […]

When it Rains, It Pours: The San Jose Housing Market

February 16, 2009

It was raining this weekend so I was unable to show houses and had no open houses scheduled. Therefore my options were to read or study the MLS. Reading makes me sleepy so the MLS won out. Each day I hear a great deal from the real estate pundits trying to predict the housing market. […]

Top 5 REO Deals in Santa Teresa – San Jose

February 9, 2009

I love the Santa Teresa neighborhood. You have the wonderful Santa Teresa Park with 1,627 acres of trails and the historical Bernal-Gulnac-Joice Ranch that offers visitors a taste of how a ranch was ran in the early 1800s. Add in La Colina park for weekend soccer, kite flying, and picnics and you have a well […]

Looking for a Foreclosure but Want Cupertino Schools?

November 15, 2008

It is a tough request. There are literally hundreds of foreclosures around the South Bay area but there are only three in the West San Jose area. These three listings are actually in the Moreland School District. Strong scores but still not the highly sought after school district of Cupertino. There is actually only one […]