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.

ARCHIVED BLOG POSTS

2011 

Are you thinking about buying or selling a home in Santa Clara County/Silicon Valley, but nervous about market conditions?  All the national news about Foreclosures and Short Sales and the uncertainty about the future trends in the real estate market.  The graph below shows the 3-year trend of RE...
02/25/2011
LEASE-OPTION CAVEATS Whenever the real estate market slows, lease-options look attractive to owners who can’t sell for the price they want and to buyers who don’t have a sufficient down payment saved.  I think of a Lease-Option as two contracts—a lease contract and a purchase contract. The purcha...
02/25/2011
As we all saw during Hurricane Katrina, emergency warnings and communications are critically important when natural disasters strike.  Whether it's a hurricane, a tornado, a tsunami, or an earthquake getting accurate and timely information can mean the difference between life and death.   To this...
02/21/2011
HOW TO NEGOTIATE THE BEST PURCHASE IN SANTA CLARA COUNTY. First, try to narrow your home search both in price range and in geographic area.  That allows you to focus on a narrow segment of the real estate market and allows you to know that marketplace.  You should be able to recognize well-priced...
02/19/2011
It has been raining in Santa Clara County/Silicon Valley all week. The forecast is for more rain all next week.  Puddles of rainwater under downspouts are growing into ponds as the super-saturated soil can't absorb it all.  A few Eco-green home owners have installed cisterns for rainwater collect...
02/18/2011
Where in Silicon Valley/Santa Clara County is the Best Home Investment; the Highest Appreciation? Thinking about buying a home in Santa Clara County, but not sure where?  Wondering which Cities will have the greatest rates of appreciation?  Well, guess what?  No one knows.  But the table shown be...
02/01/2011
The Simpson-Bowles deficit reduction commission recommended, among other things, the elimination of the mortgage interest deduction in exchange for lower overall tax rates and a 1-time tax credit.  Within 24 hours Realtors, Home Buildings and Lenders mobilized their troops to voice opposition bec...
01/31/2011
Rainmaker
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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.